ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » Markets News

Coastal Corporation, Lakshmi Machine to Plastiblends India - here are the top Buzzing Stocks today

Domestic equity markets were trading with a decent loss amid negative global cues in the early noon deals of Friday, January 14, 2022.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Coastal Corporation, Lakshmi Machine to Plastiblends India - here are the top Buzzing Stocks today
At 12:38 pm, the S&P BSE Sensex was trading at a loss of 198.25 points or 0.32 per cent at 61,037.05. Pic: Pixabay

Domestic equity markets were trading with a decent loss amid negative global cues in the early noon deals of Friday, January 14, 2022. At 12:38 pm, the S&P BSE Sensex was trading at a loss of 198.25 points or 0.32 per cent at 61,037.05. The Nifty 50 index was 53.50 points or 0.29 per cent down and was trading at 18.204.30. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of some of such stocks:

Buzzing Stocks

Coastal Corporation: Up 20%.
Dollar Industries: Up 9.26%.
Rategain Travels: Up 8.94%.
Tata Consumers: Up 4.70%.
HP Adhesives: Up 3.64%.
Kaveri Seeds: Up 4.07%.  
Paytm: Up 3.10%.
Nazara Technologies: Up 3.51%.
Affle India: Up 3.61%.
Praj Industries: Up 4.22%.
Delta Corp: Up 2.55%.
Laxmi Organics: Up 2.32%.
Poonawalla Fincorp: Up 2.69%.
Coffee Day: Up 19.93%.
GMDC: Up 6.66%.
Tata Chemicals: Up 1.67%.
IRCTC: Up 3.35%.
Delta Corp: Up 2.55%.
DB Corp: Up 2.51%.
Bharat Gears: Up 3.02%.
Tanla Platform: Up 5%. Meanwhile, the stock touched the life high of Rs 2.065.95 per share earlier in the intraday trade today.
Lakshmi Machine: Up 5.56%. The stock crossed the Rs 10,000 today and touched a life high of Rs 10,439.95 per share today in the intraday trade.  
Tea & Coffee Stocks: On a move. Stocks like Tata Coffee – up 1.26%; McLeod Russel – up 2.23% and Harrison Malayalam – up 1.97% were trading with gains.
Textile Stocks: On a move. Stocks like Trident - up 4.94%, Laxmi Machine - up 5.56% and Himatsingka Seide - up 0.71% were trading with gains.
Offshore Drilling Stocks: On a move. Stocks like Asian Energy – up 7.63%; Jindal Drilling – up 3.59%; and Selan Explorations – up 1.82% were trading with gains.  
Realty Stocks: On a move. Stocks like Sobha Ltd – up 3.08%; Oberoi Realty – up 2.57%; Indiabulls Real Estate – up 1.83%; Prestige Estate – up 1.81%; Sunteck Realty – up 1.69% and Godrej Properties – up 1.20% were trading with gains.

Falling Stocks

Aurobindo Pharma: Down 4.01%.
Alkem Lab: Down 1.72%.
GSK Pharma: Down 1.47%.
Banking Stocks: Declining. Stocks like AU Small Finance Bank – down 3.32%; Axis Bank – down 2.67%; Federal Bank – down 1.59%; ICICI Bank – down 1.27%; Kotak Bank – down 1.05% and IDFC First Bank – down 1% were trading in the negative territory.
Auto Stocks: Declining. Stocks like M&M – down 1.13%; Hero MotoCorp – down 1.05%; TVS Motor – down 0.49% and Eicher Motor – down 0.45% were trading in the negative territory.
Financial Services: Declining. Stocks like HDFC – down 1.77%; M&M Finance – down 0.87%; Muthoot Finance – down 0.76%; REC Ltd – down 0.64% and Bajaj Finance – down 0.40% were trading in negative territory.
FMCG Stocks: Declining. Stocks like Nestle India – down 2.09%; Hindustan Unilever – down 1.64%; Dabur – down 1.55% and Godrej Consumer Products – down 0.72% were trading in negative territory.

Q3FY22 Earning Reactions: Plastiblends India + Mindtree + Tata Metaliks

Plastiblends India: Up 3.17%. The manufacturer and exporter of Colour & Additive Master Batches on Thursday reported a 6.1% YoY rise in the consolidated profit at Rs 12.1 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 11.4 crore in the corresponding quarter of the previous financial year. Its revenue from operations grew 8.8% to Rs 174 crore in the period under consideration compared to Rs 160 crore posted last year. EBITDA dropped by 0.5% to Rs 19.6 crore from Rs 19.7 crore posted last year. The Margin declined to 11.3% in Q3FY22 from 12.3% posted in Q3FY21. The company has achieved the highest ever quarterly income of Rs 175 crore. 

Mindtree: Down 4.24%. IT firm Mindtree on Thursday reported a 9.6% QoQ rise in the consolidated profit at Rs 437.50 crore for the quarter ended December 31, 2021. It posted a profit of Rs 399 crore in the previous quarter ended September 30, 2021. Its revenue from operation grew 6.3% to Rs 2,750 crore in the period under consideration compared to Rs 2,586 crore posted in September 2021 quarter. Its revenue in dollar terms grew 4.6% to $36.6 crore compared to Rs 35 crore posted in the last quarter. EBIT grew by 12.8% to Rs 529 crore compared to Rs 469 crore. The margin improved to 19.2% in Q3FY22 from 18.1% posted in Q2FY22. The company's sequential revenue growth of 5.2 per cent in constant currency. The attrition level grew to 21.9% in the quarter ended December 2021 against 17.7% posted in September 2021 quarter. The company’s year-to-date deal TCV (total contract value) crossed USD 1.2 billion. 

Tata Metaliks: Down 3.49%. The manufacturer of pig iron and DI pipes in India has reported a 52.5% YoY decline in its consolidated profit at Rs 35.7 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 75.2 crore in the corresponding quarter of the previous financial year. Its revenue from operations grew 31.2% to Rs 690 crore in the period under consideration against Rs 526 crore posted last year. EBIDTA declined 46.5% to Rs 68 crore in the December 2021 quarter against Rs 127 crore posted in December 2020 quarter. Its margin contracted to 9.9% in Q3FY22 from 24.1% posted in Q3FY21. The company in a statement has said that the cost of material, changes in inventory and other expense increase led to margin fall.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
StocksDomestic marketsequity marketsDomestic equity marketsBSEBSE SensexBombay Stock Exchange
Written By: Jitesh Kumar Jha
Edited By: Preeti Verma
Updated: Fri, Jan 14, 2022
01:48 pm
ZeeBiz WebDesk
RELATED NEWS
Sanjiv Bhasin Stocks, Strategy Today: Nifty to reclaim 18,500 before Budget; Buy HPCL, GMR Infra, Ashok Leyland shares - check price targets Sanjiv Bhasin Stocks, Strategy Today: Nifty to reclaim 18,500 before Budget; Buy HPCL, GMR Infra, Ashok Leyland shares - check price targets
Combined erosion of Rs 1.22 lakh crore: How market valuation of top-10 most valued firms declined amid weak trend in equities Combined erosion of Rs 1.22 lakh crore: How market valuation of top-10 most valued firms declined amid weak trend in equities
BSE Bulk Deal Data: This fund company offloads shares of Nykaa worth Rs 525 cr - 3 crore shares sold BSE Bulk Deal Data: This fund company offloads shares of Nykaa worth Rs 525 cr - 3 crore shares sold
Bulk Deal Data: Mishtann Foods promoter ups stake through open market purchase Bulk Deal Data: Mishtann Foods promoter ups stake through open market purchase
 Fusion Micro Finance Share Price on BSE, NSE; Stock Performance in Debut Trade - Full details Fusion Micro Finance Share Price on BSE, NSE; Stock Performance in Debut Trade - Full details

LATEST NEWS

FM Sitharaman says India's image not impacted by Adani's FPO withdrawal amid Hindenburg row

Hyundai sold over one lakh vehicles in rural areas in 2022: HMI CEO Tarun Garg

JBM Group to foray into electric bus markets of THESE 6 states - check list here

Q3 Results 2023: Paytm narrows loss, IndiGo's net profit soars to Rs 1,422.6 crore

UGC NET 2023: UGC-National Eligibility Test Admit card to be released soon — Check exam date, how to download admit card, other details here

ITC Dividend 2023: Check record date, ex-date and payment date | ITC Share Price NSE Target

Ajit Kumar starrer Thunivu OTT release date Announced! Check when and where to watch

Govt proposes changes in income tax law for startups: Here's how it will help sector to boom, top official explains

Vani Jayaram, veteran playback singer, dies at 77

World Cancer Day 2023: Why it is celebrated on February 4? Check history, misconception, theme and more

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV