Bucking the weak Asian trend, the domestic markets were trading around 1% gains on Tuesday’s noon deals. At 1:03 pm, the S&P BSE Sensex was trading 546 points or 1.03% higher at 53,496.63. The Nifty 50 index was trading 148 points or 0.93% higher at 16,033.15. Nifty 50 has hit a fresh record high of 16,033.75. The index had hit the 15,000-mark on February 5, 2021. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of few such stocks:

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Index heavyweights that have taken Nifty to new high

HDFC: Up 3.28%. 
TCS: Up 1.76%. 
HUL: Up 1.47%.
ITC: Up 0.80%. 
Infosys: Up 0.82%. Meanwhile, the stock hit a life high of 1,647 today, earlier, in the intraday trend.  

Buzzing Stocks

  1. Brigade Enterprises: Up 3.50%. 
  2. JK Tyre: Up 4.23%. 
  3. Escorts: Up 0.19%. 
  4. MOIL: Up 1.07%. 
  5. Cummins: Up 2.91%. 
  6. Schaeffler India: Up 0.20%. 
  7. Blue Dart: Up 7.61%. 
  8. India Cement: Up 1.66%. 
  9. Garden Reach: Up 5.08%. 
  10. Angel Broking: Up 1.35%. 
  11. Nahar Group Stocks: Moving up. Stocks like Nahar Capital – up 20%, Nahar Poly Films – up 19.99%, Nahar Spinning – up 5%, Nahar Industrial – up 4.99% were trading higher.  
  12. MidCap Cement Stocks: In action. Stocks like Sanghi Ltd – up 12.60%, NCL - up 4.17% were trading higher.  
  13. Jewellery Stocks: Moving up. Stocks like Thangamayil Jewellery – up 7.09%, Titan – up 3.80%, Tribhovandas Bhimji Zaveri – up 4.60%, Kalyan Jewellers – up 4.11% were trading higher. 

Stocks at the Life High

  1. Titan: Up 3.80%. Meanwhile, the stock hit the life high of 1,854.95 today, earlier, in the intraday trade
  2. Eclerx: Down 0.40%. Meanwhile, the stock hit the life high of 2,359.80 today, earlier, in the intraday trade
  3. Gujarat Fluorochemicals: Down 0.67%. Meanwhile, the stock hit the life high of 1,822 today, earlier, in the intraday trade
  4. Avenue Supermarts Ltd: Up 0.83%. Avenue Supermart that owns and operates retail chain DMart hit an all-time high of 3,571.55 today, earlier, in the intraday trade. 
  5. Siyaram Silk: Up 5.75%. Meanwhile, the stock hit the life high of 456 today, earlier, in the intraday trade. 
  6. Apollo Hospital: Up 0.92%. Meanwhile, the stock hit the life high of 4,225 today, earlier, in the intraday trade
  7. Suven Pharma: Up 8.73%. Meanwhile, the stock hit the life high of 569 today, earlier, in the intraday trade

Buzzing Stocks

  1. Brigade Enterprises: Up 3.50%. 
  2. JK Tyre: Up 4.23%. 
  3. Escorts: Up 0.19%. 
  4. MOIL: Up 1.07%. 
  5. Cummins: Up 2.91%. 
  6. Schaeffler India: Up 0.20%. 
  7. Blue Dart: Up 7.61%. 
  8. India Cement: Up 1.66%. 
  9. Garden Reach: Up 5.08%. 
  10. Angel Broking: Up 1.35%. 
  11. Nahar Group Stocks: Moving up. Stocks like Nahar Capital – up 20%, Nahar Poly Films – up 19.99%, Nahar Spinning – up 5%, Nahar Industrial – up 4.99% were trading higher.  
  12. MidCap Cement Stocks: In action. Stocks like Sanghi Ltd – up 12.60%, NCL - up 4.17% were trading higher.  
  13. Jewellery Stocks: Moving up. Stocks like Thangamayil Jewellery – up 7.09%, Titan – up 3.80%, Tribhovandas Bhimji Zaveri – up 4.60%, Kalyan Jewellers – up 4.11% were trading higher. 

Stocks at the Life High

  1. Titan: Up 3.80%. Meanwhile, the stock hit the life high of 1,854.95 today, earlier, in the intraday trade
  2. EcLerx: Down 0.40%. Meanwhile, the stock hit the life high of 2,359.80 today, earlier, in the intraday trade
  3. Gujarat Fluorochemicals: Down 0.67%. Meanwhile, the stock hit the life high of 1,822 today, earlier, in the intraday trade
  4. Avenue Supermarts Ltd: Up 0.83%. Avenue Supermart that owns and operates retail chain DMart hit an all-time high of 3,571.55 today, earlier, in the intraday trade. 
  5. Siyaram Silk: Up 5.75%. Meanwhile, the stock hit the life high of 456 today, earlier, in the intraday trade. 
  6. Apollo Hospital: Up 0.92%. Meanwhile, the stock hit the life high of 4,225 today, earlier, in the intraday trade
  7. Suven Pharma: Up 8.73%. Meanwhile, the stock hit the life high of 569 today, earlier, in the intraday trade

Earnings Reaction

Punjab National Bank: Down 1.35%. The public sector lender Punjab National Bank (PNB) on Monday reported a 232% YoY rise in the profit at Rs 1,023 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 308 crore in the same quarter last year. The Net Interest Income (NII) grew 7% YoY to Rs 7,226 crore as against Rs 6,748 crore posted last year. 

RBL Bank: Down 3.98%. The private sector lender on Monday reported a loss of Rs 459 crore for the quarter ended June 30, 2021, as against a profit of Rs 141 crore posted in the same quarter last year. The Net Interest Income (NII) dropped 7% to Rs 970 crore as against Rs 1,041 crore posted last year. 

Balaji Amines: Up 3.04%. The chemical manufacturing company has reported a 200% YoY rise in the consolidated profit at Rs 90.4 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 33 crore in the same quarter last year. Sequentially, it reported a profit of Rs 84.5 crore in the previous quarter ended March 31, 2021. 

Castrol: Up 1.19%. The oil industry company has reported a 114% YoY rise in the profit at Rs 140 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 65.4 crore in the same quarter last year. Sequentially, the profit dropped 43% as it posted a profit of Rs 244 crore in the quarter ended March 31, 2021. 

CG Power: Up 4.99%. The manufacturer of products related to power generation, transmission, and distribution has reported a consolidated profit of Rs 54 crore for the quarter ended June 30, 2021. It had posted a consolidated loss of Rs 231 crore in the same quarter last year. Consolidated revenue from operations grew 189% to Rs 1,050 crore in the quarter under review from Rs 363 crore posted last year. EBITDA profit stood at Rs 120 crore as against an EBITDA loss of Rs 41 crore. 

Orient Cement: Up 4.19%. The cement manufacturing company has reported a 10% 249% YoY rise in the profit at Rs 89.5 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 25.6 crore in the same quarter last year. The revenue from operations grew 68% to Rs 690 crore in the quarter under review as against Rs 410 crore posted last year. The EBITDA grew 89% to Rs 186 crore as compared to Rs 98.2 crore posted last year. The margin improved to 27% in Q1FY22 as against 24% posted in Q1FY21. 

Mangalore Chemicals: Down 1.03%. The Karnataka-based manufacturer of chemical fertilizers on Monday reported a 118% YoY rise in the profit at Rs 24 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 11 crore in the same quarter last year. 

JMC Project: Down 3.76%. The Construction engineering company has reported a consolidated loss of Rs 10.15 crore for the quarter ended June 30, 2021. It had posted a loss of Rs 52.2 crore in the same quarter last year. 

Shree Renuka Sugars: Down 4.92%. Mumbai-based sugar refiner and ethanol producer has reported a consolidated loss of Rs 241 crore for the quarter ended June 30, 2021, as against a loss of Rs 35 crore posted last year. 

Ajmera Realty: Up 2.52%. The real estate company has reported a 450% YoY rise in the profit at Rs 11 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 2 crore in the same period last year. 

Stocks in News

NCC: Up 1.56%. NCC has received four new orders totalling Rs 1,679 crore (exclusive of GST) in the month of July 2021. Out of the total orders, one order valuing Rs 732 crore pertains to Building Division and two orders valuing Rs 730 Crore pertain to Water & Environment Division and one order valuing Rs 217 Crore pertains to Electrical Division. These orders are received from State Government agencies and do not include any internal orders.  

Va Tech Wabag: Down 0.025%. WABAG expands Global footprint with technologically advanced Oil & Gas orders worth Rs 1,230 crore (165 million USD) in Russia. It has secured a breakthrough Engineering and Procurement (`EP') order from Amur Gas Chemical Complex LLC., CAGCC') in Russia. 

Minda Industries: Up 2.29%. Auto components maker Minda Industries Ltd on Monday said that it has launched a so-called qualified institutional placement (QIP) to raise capital from institutional investors. The company has fixed a floor price of Rs734.84 per share (discount of 2.5% on CMP of Rs 753.70) and can offer a discount up to 5% to investors on the floor price. 

SRF: Down 0.67%. Sulphuric Acid leaks at the Dahej plant. Reports suggest 1 dead and 2 seriously injured. 

Trident: Up 4.96%. Ventures into Detergent Market with the launch of Tri-Safe. 

IndusInd Bank: Up 2.04%. In a bid to strengthen its presence within the Government domain, IndusInd Bank announced that it has been empanelled by the Reserve Bank of India as an Agency Bank to facilitate transactions related to Government businesses.