IDBI Bank, Two-wheeler stocks to Delta Corp - here are top Buzzing Stocks today
The Nifty 50 index was trading at a loss of 55.90 points or 0.31% at 17,890.05. Meanwhile, certain stocks were in action in either direction based on reports linked to them.
Domestic equity markets were hovering near the day's low in Tuesday's noon deals on the back of persistent selling pressure in IT and metal stocks. At 12:30 pm, S&P BSE Sensex was trading 185.27 points or 0.31% low at 59,950.51.
The Nifty 50 index was trading at a loss of 55.90 points or 0.31% at 17,890.05. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of few such stocks:
Reopening Theme
Jubilant FoodWorks: Up 6.86%.
Barbeque Nation: Up 7.75%.
Indian Hotels: up 3.53%.
Delta Corp:
Liquor Stocks: On a move. GM Breweries has posted Q2FY22 numbers and reported a profit of Rs 21.85 crore as against a profit of Rs 11.21 crore posted in the same quarter last year. Revenue from operations stood at Rs 449.98 crore in the reported quarter as against Rs 262.30 crore posted last year. Liquor stocks like Radico Khaitan - up 14.22%; Tilaknagar Industries - up 4.90%; SOM distilleries - up 3.09% and GM Breweries - up 6.40% were trading with gains.
Buzzing Stocks
IDBI Bank: Up 14.65%.
Schaeffler India: Up 7.40%.
Maharashtra Seamless: Up 7.17%.
Trident: Up 4.90%.
Dixon Technologies: Up 2.44%
Next Digital: Up 13.96%
Angel Broking: Up 4.96%
Caplin Point: Up 5.73%.
SRF: Up 1.79%.
Cholamandalam Financial Holdings: Up 4.18%.
Two-wheeler Stocks: On a move. Stocks like Bajaj Auto - up 2.46%; TVS Motor - up 1.54%; Eicher Motors - up 1.97% and Hero MotoCorp - up 1.47% were trading with gains.
Sugar Stocks: On a move. Stocks like Dalmia Bharat Sugar - up 1.92%; Dhampur Sugar - up 2.39%; Avadh Sugar - up 2.44%; Kothari Sugar - up 1.50%; Dwarikesh Sugar - up 1.93% and Balrampur Chini - up 1.35% were trading with gains.
Textile Stocks: On a move. Stocks like Alok Industries - up 5.49%; Vardhman Textile - up 6.82%; Sangam India - up 4.98%; Trident - up 4.90% and Filatex Industries - up 4.98%, were trading with gains.
Stocks at Life Highs
Titan: Up 4.12%. Meanwhile, the stocks touched the life high of Rs 2,464.90 per stock earlier in the intraday trade today.
MSTC: Up 6.46%. Meanwhile, the stocks touched the life high of Rs 423.50 per stock earlier in the intraday trade today.
Falling Stocks
Metal Stocks: Nifty Metal index was trading 0.25% low. Metal stocks like Coal India - down 2.06%; Adani Enterprises - down 0.86%; NMDC - down 1.83%; APL Apollo - down 0.85%; Welspun Corp - down 1.97 and JSW Steel - down 0.88% were trading lower.
IT Stocks: Nifty IT index was trading 1.62% lower. IT Stocks like HCL Technologies - down 4.67%; Coforge - down 2.67%; Tech Mahindra - down 2.40%; L&T Technology Services - down 2.05% and L&T Infotech - down 1.65% were trading lower.
Stocks in News
Trigyn Technologies Ltd.: Up 10.00%. Trigyn Technologies, Inc., a wholly-owned subsidiary of the Company, has been awarded a contract to provide General, Professional and Information Technology Staff Augmentation Services for the New York City Housing Authority (NYCHA). The contract is for a potential duration of five years, October 1, 2021, through September 30, 2026 (Initial Term three years with two one-year options at NYCHA’s discretion). The contract has a Maximum Fee of $50 Million Dollars and contains a provision at NYCHA’s discretion to increase the Maximum Fee to $125 Million Dollars.
Delta Corp: Up 8.06%. The stock was trading at the highest levels since January 2018. The company on Monday reported a consolidated net loss of Rs 22.57 crore for the quarter ended September 30, 2021 (Q2FY22). It had posted a consolidated loss of Rs 54.9 crore in the corresponding quarter of the previous financial year (Q2FY21). Revenue from operations grew 94.7% YoY to Rs 74.72 crore as against a revenue of Rs 38.37 crore posted last year. The company's earnings before interest, tax, depreciation and amortisation (EBITDA) loss stood at Rs 18.92 crore as against a loss of Rs 44.9 crore posted last year.
Hero MotoCorp: Up 1.44%. Aligned to its aggressive growth strategy in the scooter segment, Hero MotoCorp the world’s largest manufacturer of motorcycles and scooters, today launched the new Pleasure+ ‘XTec’. Hero Pleasure+ 110 will be available at Hero MotoCorp dealerships across the country at a starting price of Rs 61,900* for the LX variant and Pleasure+ 110 XTec starts at Rs 69,500*. *(Ex-Showroom, Delhi).
Tata Motors: Up 0.75%. The automotive manufacturer Tata Motors in its Q2FY22 global wholesale report said that the Tata Motors Group global wholesales in Q2FY22, including Jaguar Land Rover, were at 2,51,689 units, higher by 24%, as compared to Q2FY21. Global wholesales of all Tata Motors commercial vehicles and Tata Daewoo range in Q2FY22 were at 89,055 units, higher by 57%, over Q2 FY21. Global wholesales of all passenger vehicles in Q2 FY22 were at 1,62,634 units, higher by 11% as compared to Q2 FY21. Global wholesales for Jaguar Land Rover were 78,251 vehicles (JLR number for Q2 FY22 includes CJLR volumes of 14,219 units). Jaguar wholesales for the quarter were 13,944 vehicles, while Land Rover wholesales for the quarter were 64,307 vehicles. CJLR – It is a JV between JLR and Chery Automobiles and is an unconsolidated subsidiary for JLR
Avenue Supermarts: Up 0.72%.DMart Market Cap has surpassed the Market Cap of ITC. DMart crosses the Rs 3.08 lakh crore mark while ITC stands at Rs 2.95 lakh crore.
BLS International: Down 1.48%. BLS International gets authorized by the Embassy of Brazil for visa processing in India.
Krsnaa Diagnostics: Down 7.99%. Pune-based diagnostic services provider Krsnaa Diagnostics on Monday reported a 44.69% YoY decline in profits at Rs 12.5 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 22.6 crore in the corresponding quarter of the previous financial year. Sequentially, the profit declined 41.86% from Rs 21.5 crore posted in the previous quarter ended June 30, 2021 (Q1FY22). Revenue from operations dropped 28% YoY to Rs 108 crore as against Rs 150 crore posted last year. Sequentially, the revenue dropped 18.18% from Rs 132 crore posted in the previous quarter. EBITDA dropped 25.29% YoY to Rs 31.9 crore in the reported quarter from Rs 42.7 crore posted last year. EBITDA declined 23.37% sequentially from Rs 41.5 crore posted in Q1FY22. Margin stood at 29.5% in Q2FY22 as against 28.5% posted in Q2FY21. The margin stood at 31.4% in Q1FY22.
Tata Metaliks: Down 6.17%. The manufacturer of pig iron and DI pipes has reported a 33.41% YoY decline in the consolidated profits at Rs 54.6 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 82 crore in the corresponding quarter of the previous financial year. Revenue from operations grew 24.28% YoY to Rs 645 crore as against Rs 519 crore posted last year. EBITDA stood at Rs 99.8 crore, down 8.82%, from Rs 109.45 crore posted last year. The margin of the company contracted to 15.5% in Q2FY22 from 21.1% posted in Q2FY21.
Ujjivan Small Finance Bank: Down 6.97%. The company in its Q2FY22 business update reported that its gross loan book grew 4% YoY to Rs 14,508 crore as compared to Rs 13,890 crore posted in the same quarter last year. Sequentially, the loan book grew 3% from Rs 14,037 posted in Q1FY22. Affordable Housing Loans grew 42% YoY and 11% QoQ. MSE Loans grew 34% YoY and 11% QoQ. MicroBanking declined 8% YoY and grew 0.2% QoQ. It made a disbursement of Rs 3,122 crore, up 114% YoY, from Rs 1,458 crore posted last year. Sequentially, disbursement grew 138% from Rs 1,311 posted in Q1FY22. Total Deposits stood at Rs 14,090 crore, up 31% YoY, from Rs 10,743 crore. Deposits grew 3% QoQ from Rs 13,673 crore. Retail Deposits grew 38% YoY and 12% QoQ./ CASA Ratio stands at 22% in Q2FY22 Vs 16% posted in Q2FY21.
01:08 PM IST