Market Movers: Bandhan Bank, Hindustan Zinc Surge; Paytm, Yes Bank Plunge on Key News

Business
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Moneycontrol•23-01-2026, 16:24
Market Movers: Bandhan Bank, Hindustan Zinc Surge; Paytm, Yes Bank Plunge on Key News
- •Bandhan Bank shares rose 6.66% intraday despite weak Q3FY25 results, driven by Motilal Oswal's upgrade to 'Buy' with a target of ₹175.
- •Hindustan Zinc hit a record high, surging 6.32% intraday, as silver prices climbed due to geopolitical tensions and economic uncertainty.
- •Tanla Platforms saw a 13.47% intraday jump after reporting an 11% increase in Q3FY25 net profit and 12% rise in operational revenue.
- •Ashok Leyland shares reached a record high, up 4.59% intraday, on strong brokerage expectations for MHCV and LCV demand, with Nomura setting a ₹216 target.
- •Dhampur Bio Organics surged 20% to its upper circuit after announcing the full resumption of manufacturing at its Mansurpur unit.
Why It Matters: Key stocks like Bandhan Bank and Hindustan Zinc rallied, while Paytm and Yes Bank faced significant drops.
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