Domestic benchmarks were trading with minor gains amid volatility. At 12:30 pm, the S&P BSE Sensex was trading with a gain of 74.07 points or 0.12% at 61,041.12. The Nifty 50 index rose 47.70 points or 0.26% to trade at 18,173.10. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of a few such stocks:

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Buzzing stocks

IEX: Up 5.72%.
IRCTC: Up 3.75%
Tata Power: Up 6.11%.
Tata Motors: Up 4.62%.
Dixon Technologies: Up 3.12%.
IDFC First Bank: 5.37%
IDFC: Up 6.97%.
MCX: Up 2.42%.
Mindtree: Up 1.62%
Acrysil: Up 5.
Kajaria Ceramics: Up 3.09%.
TCNS Clothing: Up 1.73%.
Berger Paints: Up 0.97%.
India Cement: Up 1.22%.
Happiest Minds: Up 1.64%.
KPIT Technology: Up 3.21%.
Venky's: Up 3.09%.
PNB: Up 3.34%.
AU Small Finance Bank: Up 4.79%.
RBL Bank: Up 2.31%.
SBI: Up 1.89%.
PVR: Up 1.89%.
Amber Enterprises: Up 5.70%.
Bank of Baroda: Up 4.77%. Crosses Rs 100 per share after a gap of two years.
BEML: Up 5%.
TKT Prestige: Up 6.37%.
SW Solar: Up 6.54%.

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Liquor Stocks: On a move. Stocks like Globus Spirits - up 5.00%; United Spirits - up 1.34%; United Breweries - up 1.45%; Som Distilleries - up 3.70% and GM Breweries - up 3.58% and Radico Khaitan - up 0.47% were trading with gains.

Tata Group Stocks: Stocks like Tata Power - up 6.11%; Tata Motors - up 4.62%; Tata Investment - up 3.51%; Tata Steel Long Products - up 3.29%; Tata Steel - up 1.90% and Tata Consumer Products - up 1.21% were trading with gains.

Consumer Durable Stocks: On a move. Stocks like Dixon Technologies - up 3.36%; Amber Enterprises - up 5.69%; Crompton Consumers - up 2.72%; Whirlpool - up 4.03% and Orient Electric - up 2.87% were trading with gains.

Chemical Stocks: On a move. Stocks like Gujarat Alkalies - up 7.03%; Gujarat Fluorochemicals - up 3.07%; Kanoria Chemicals - up 4.05% and Bodal Chemicals - up 2.81% were trading with gains.

Educational Stocks: On a move. Stocks like Aptech - up 6.73%; NIIT Ltd - up 6.24% and Career Point - up 2.30% were trading with gains.

Retail Stocks: On a move. Stocks like V-Mart Retail - up 4.72%; Spencer's Retail - up 3.39%; Avenue Supermarts - up 3.49% and V2 Retail - up 2.64% were trading with gains.

Textile Stocks: On a move. Stocks like Arvind - up 8.58%; KPR Mills - up 2.40%; Siyaram Silk - up 4.38%; Bombay Dyeing - up 1.37%; Welspun Industries - up 0.53% and Lux Industries - up 0.90% were trading with gains.

Earnings Impact

Tech Mahindra: Up 2.56%. The information technology company has reported a 1% QoQ decline in the consolidated profit at Rs 1,339 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 1,353 crore in the previous quarter ended June 30, 2021. Its revenue from operation in the reported quarter rose 6.7% to Rs 10,881 crore as against Rs 10,198 crore posted in the previous quarter. In dollar terms, revenue came in at $1,47.3 crore, up 6.4 per cent QoQ, as against $138.4 crore posted in the previous quarter. EBIT rose 6.8% QoQ to Rs 1,651 crore as against Rs 1,546 crore posted in the previous quarter. The margin remained flat at 15.2%. This growth is Tech Mahindra's highest sequential growth in a decade. The company board announced a special dividend of Rs 15 per share. Meanwhile, the IT major has announced the acquisition of 100% stakes in the California-headquartered Infostar LLC (Lodestone) for a total consideration of up to $10.5 crore including earnouts. Lodestone is a digital engineering quality assurance provider for new-age digital companies. In addition, it had also announced that it will buy stakes in We Make Websites for 9.4 million pounds.

Home First Finance: Up 7.69%. The housing finance company has reported a 214% YoY rise in the consolidated profit at Rs 44.9 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 14.3 crore in the year-ago quarter. Net Interest Income (NII) grew 39.9% YoY to Rs 64.2 crore in the reported quarter as against Rs 45.9 crore posted last year. Gross Stage 3 stands at 1.7% against 0.9% YoY and 1.9% QoQ. Net Stage 3 stands at 1.2% against 0.6% YoY and 1.4% QoQ. 

Orient Cement: Up 5.52%. The cement manufacturer has reported a 63.5% YoY rise in the consolidated profit at Rs 56.9 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 34.8 crore in the year-ago quarter. Its revenue from operations grew 28.4% YoY to Rs 613.1 crore as against Rs 477.5 crore posted last year. EBITDA grew 18.3% to Rs 133.9 crore in the period under consideration as against Rs 113.2 crore posted last year. Its margin contracted to 21.8% in Q2FY22 as against 23.7% posted in Q2FY21.

Quick Heal Technologies: Up 5.50%. The cybersecurity software company had reported a 20.1% YoY rise in the consolidated profit at Rs 34.69 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 28.8 crore in the year-ago quarter. Its revenue from operations grew 23% to Rs 103.8 crore as against Rs 84.4 crore posted last year. EBITDA grew 18.7% YoY to Rs 46.4 crore in the quarter under consideration as against Rs 39.1% posted last year. Its margin contracted to 44.7% in Q2FY22 as against 46.3% posted in Q2FY21. 

Kansai Nerolac: Up 2.91%. The industrial paint and decorative paint company has reported a 48% YoY decline in the consolidated profit at Rs 87.3 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 168 crore in the year-ago quarter. Its revenue from operations fell 17.1% to Rs 1,619.6 crore as against Rs 1,383.2 crore posted last year. EBITDA declined 39.4% to Rs 162.8 crore as against Rs 285 crore posted last year. Margin contracted to 10% in Q2FY22 from 19.4% posted in Q2FY21. 

Vardhman Special Steel: Up 1.58%. The Special and Alloy Steels manufacturer has reported a 173% YoY rise in the consolidated profit at Rs 24.3 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 8.9 crore in the year-ago quarter. Its revenue from operations grew 35.9% YoY to Rs 335.7 crore as against Rs 247.1 crore posted last year. EBITDA grew 117.5% YoY to Rs 45.9 crore from Rs 21.1 crore posted last year. Margin stood at 13.7% in Q2FY22 as against 8.5% posted in Q2FY21.  

Indus Towers: Down 2.51%. Telecom infrastructure provider company has reported a 10.2% YoY rise in the consolidated profit at Rs 1,559 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 1,415 crore posted in the year-ago quarter. Its revenue from operations grew 1.2% to Rs 6,877 crore as against Rs 6,797 crore posted last year. EBITDA grew 3.2% YoY to Rs 3,641 crore as against Rs 3,528 crore posted last year. Margin stood at 52.9% in Q2FY22 as against 51.9% posted in Q2FY21. 

HDFC AMC: Down 1.81%. The investment advice company HDFC Asset Management Company has reported a 2% YoY rise in the profit at Rs 344 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 338 crore in the year-ago quarter. Its average assets under management (AAUM) rose 17% to Rs 4,389 billion from Rs 3,755 billion. Its revenue from operations grew 19% YoY to Rs 542 crore as against Rs 456 crore posted last year. Margins stood at 76% in Q2FY22 as against 75.2% posted in Q2FY21.

CEAT: Down 2.55%. The tyre company has reported a 76.8% YoY decline in the consolidated profit at Rs 42.3 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 182.2 crore in the year-ago quarter. Its revenue from operations grew23.9% to Rs 2,451.8 crore as against Rs 1,978.5 crore posted last year. EBIDTA declined 24.6% to Rs 220.4 crore in the period under consideration as against Rs 292.4 crore posted last year. Its margin contracted to 9% in Q2FY22 as against 14.8% posted in Q23FY21.