Newsmakers: Info Edge, UBL, MCX and Zen Technologies among top 10 stocks that moved the most today

ZeeBiz WebTeam | Jan 31, 2022, 04:51 PM IST

On Monday,  domestic equity benchmarks ended nearly 1.5 per cent higher after two days of losing streak. After breaching, 17,400, the broader Nifty ended with 237.90 points or 1.39% gain to 17,339.85. Similarly, the 30-share Sensex climbed 813.94 points to 1.42 per cent points to close at 58,014.17. Union Finance Minister Nirmala Sitharaman will present the Union Budget 2022 on Tuesday, February 1, 2022. Here are the top 10 buzzing stocks: 

 

1/10

Info Edge: Up 11.44%

 Info Edge: Up 11.44%

The shares of the company closed in the green at Rs 4,910 with a gain of 11.44 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 4910 with a gain of 11.26 per cent. The leading internet company Info Edge has reported a 96.1% QoQ decline in the standalone profit at Rs 329 crore for the December 2021 quarter against Rs 8,356 crore posted in the previous quarter ended September 2021. Adjusted profit grew 6.9% QoQ to Rs 108 crore compared to Rs 101 crore posted in September 2021 quarter. Revenue from operations grew 14.5% QoQ to Rs 403 crore against Rs 352 crore posted in the previous quarter. EBITDA grew 5.6% QoQ to Rs 112 crore against Rs 106.1 crore posted last year. Margin contracted to 27.8% in Q3FY22 from 30.1% posted in Q2FY22. Exceptional Items fell 97.7% to Rs 218 crore against Rs 9,294 crore. Source: infoedge.in

 

2/10

Siyaram Silk Mills: Up 9.60%

Siyaram Silk Mills: Up 9.60%

The shares of the company closed in the green at Rs 487 with a gain of 9.60 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 484.30 with a gain of 8.55 per cent.  The company has reported a 2.5x YoY rise in the consolidated profit at Rs 68.7 crore for the quarter ended December 31, 2021, as against Rs 27.5 crore posted in the corresponding quarter last year. Revenue from operations grew 47% YoY to Rs 563.2 crore as against Rs 383 crore posted last year. EBITDA grew 2x to Rs 101.8 crore against Rs 51.7 crore posted last year. Margins improved to 18% in Q3FY22 against 13.5% posted in Q3FY21. The board has declared the 2nd Interim Dividend of Rs 3/share and fixed a record date of February 7, 2022. Source: siyaram.com

 

3/10

UBL: Up 4.81%

UBL: Up 4.81%

The shares of the company closed in the green at Rs 1622.45 with a gain of 4.81 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 1,619.95 with a gain of 4.52 per cent. United Breweries Ltd (UBL), majorly owned by Dutch multinational brewing company Heineken NV, has reported a 28% YoY decline in the consolidated profit at Rs 91 crore for the December 2021 quarter against a profit of Rs 127 crore posted in the corresponding quarter last year. However, the company's adjusted profit grew 28% YoY to Rs 91 crore against Rs 71 crore posted last year (exceptional gain of 55 last year). Revenue from operations grew 23% YoY to Rs 1,583 crore compared to Rs 1,291 crore posted last year. EBITDA was flat at Rs 174 crore. Margin contracted to 11% in Q3FY22 compared to 14% posted in Q3FY21. Source: unitedbreweries.com

 

4/10

TCI Express: Up 3.73%

TCI Express: Up 3.73%

The shares of the company closed in the green at Rs 1953.90 with a gain of 3.73 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 1,949 with a gain of 3.08 per cent.  The company has reported a 4.5% YoY rise in the profits at Rs 35 crore for the December 2021 quarter against a profit of Rs 34 crore posted in the corresponding quarter last year. Revenue from operations grew 9% YoY to Rs 287 crore against Rs 262 crore posted last year. EBITDA grew 4.8% to Rs 49 crore in Q3FY22 against Rs 47 crore posted in Q3FY21. Source: tciexpress.in

 

5/10

Oberoi Realty: Up 2.20%

Oberoi Realty: Up 2.20%

The shares of the company closed in the green at Rs 914.15 with a gain of 2.20 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 913.20 with a gain of 2.18 per cent.  Mumbai-based Oberoi Realty has reported a 63% YoY rise in the consolidated profit at Rs 467.5 crore for the December 2021 quarter against a profit of Rs 286.7 crore posted in the corresponding quarter last year. Revenue from operations grew marginally by 0.4% YoY to Rs 832 crore compared to Rs 828.4 crore posted last year. EBITDA fell 13.3% YoY to Rs 331.6 crore in December 2021 quarter against Rs 382.5 crore posted last year. MARGIN contracted to 39.9% in Q3FY22 against 46.2% posted in Q3FY21. Rise in other income, fall in other expenses boost profit. Source: oberoirealty.com

 

6/10

Bharti Airtel: Up 1.92%

 Bharti Airtel: Up 1.92%

The shares of the company closed in the green at Rs 729.55  with a gain of 1.92 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 729.40 with a gain of 1.89 per cent.  India’s premier communications solutions provider, today announced an agreement to acquire appx. 25% equity stake in Bengaluru based technology startup, Lavelle Networks. The agreement is subject to applicable statutory approvals. The homegrown Lavelle Networks specialises in Software-defined Wide Area Network solutions and it serves a range of industry segments. Its platform has connected several thousands of Indian enterprises from the nation's largest financial institutions to e-commerce networks. Source: Reuters

7/10

Britannia: Up 0.98%

Britannia: Up 0.98%

The shares of the company closed in the green at Rs 3541.80 with a gain of 0.98 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 3,544.20  with a gain of 0.98 per cent.  Biscuit maker Britannia Industries has reported an 18.4% YoY decline in the consolidated profit at Rs 369.2 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 452.6 crore in the same quarter last year. Revenue from operations grew 12.9% YoY to Rs 3,575 crore compared to Rs 3,165.6 crore posted last year. EBITDA fell 11.7% YoY to Rs 539.7 crore compared to Rs 611.5 crore posted last year. Margins down to 15.1% in Q3FY22 compared to 19.3% posted in Q3FY21.  Source: Britannia Industries Twitter

 

8/10

MCX: Down 1.27%

MCX: Down 1.27%

The shares of the company closed in the red at Rs 1,538 with a fall of 1.27per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 1536.70 with a fall of 1.41 per cent. Leading commodity bourse MCX on Saturday posted a 52% YoY decline in consolidated net profit to Rs 34.5 crore for the third quarter of 2021-22. It had posted a profit of Rs 71.8 crore in the corresponding quarter last year. Revenue from operations fell 11.2% to Rs 89.5 crore in the period under consideration as against Rs 101 crore posted last year. EBITDA declined to Rs 38.3 crore against Rs 48.7 crore posted last year. Margins dropped to 42.7% in Q3FY22 against 48.2% posted in Q3FY21. Average Daily Turnover down 25% to Rs 24,556 crore. Source: MCX Twitter

 

9/10

IndusInd Bank: Down 3.50%

 IndusInd Bank: Down 3.50%

The shares of the company closed in the red at Rs 871.90 with a fall of 3.50 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 871.85 with a fall of 3.51 per cent. The private sector lender IndusInd Bank has reported a 50% YoY rise in the profits at Rs 1,242 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 830 crore in the corresponding quarter of the previous fiscal. The bank's net interest income (NII) grew 11% YoY to Rs 3,793 crore compared to Rs 3,406 crore posted last year. Net Interest Margin (NIM), a gauge for profitability, was at 4.10% marginally low of third-quarter 2020-21 when NIM stood at 4.12%. The Gross NPA ratio was at 2.48% as of December 31, 2021, versus 2.77% as of September 30, 2021. The net NPA ratio was at 0.71% as of December 31, 2021, against 0.80% on September 30, 2021. The private lender's slippage fell 8.49% QoQ to Rs 2,598 crore in Q3FY22 from Rs 2,658 crore posted in Q2FY22.

 

10/10

Zen Technologies: Down 3.75%

 Zen Technologies: Down 3.75%

The shares of the company closed in the red at Rs 200.40 with a fall of 3.75 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 199.90 with a fall of 4.03 per cent. Small arms manufacturing company has reported a consolidated loss of Rs 1.3 crore for the December 2021 quarter against a profit of Rs 2.3 crore posted in the corresponding quarter last year. Revenue from operations grew 58% YoY to Rs 26.2 crore against Rs 16.6 crore posted last year. The company has posted an EBITDA loss of Rs 10 lakh in the reported quarter against an EBITDA profit of Rs 3.4 crore posted last year. Sharp rise in RM cost, expenses hurts. Source: zentechnologies.com

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