The domestic stocks markets moved up from the early lows but were still trading around 0.15% down in Monday’s noon deals. At 1:00 pm, the S&P BSE Sensex was trading at a loss of 76.47 points or 0.15% at 52,267.98. The Nifty 50 index was trading 27.55 points or 0.18% low at 15,665.80. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of few such stocks:

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

See Zee Business Live TV Streaming Below:

Earnings Reaction 

Info Edge: Down 1.98%. Reported 7.1% QoQ rise in profit at Rs 75 crore for the quarter ended March 31, 2021, compared to Rs 70 crore posted in the previous quarter ended December 31, 2021. 

NTPC: Up 2.69%. State-owned power giant has reported a 258% YoY jump in the standalone profit at Rs 4,479 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 1,252 crore in the corresponding quarter of the previous financial year

GMR Infra: Up 9.04%. The infrastructure development company has reported a consolidated loss of Rs 725 crore for the quarter ended March 31, 2021. It had reported a loss of Rs 1,127 crore posted in the corresponding quarter of the previous financial year. 

Timken India: Up 4.74%. The ball and roller bearing manufacturing company have reported a 13% YoY decline in the consolidated profit at Rs 52.9 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 61.25 crore posted in the corresponding quarter of the previous financial year. 

Hinduja Global Solutions: Up 5%. The IT Service Management Company has reported a 333% YoY rise in the consolidated profit of Rs 130 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 30 crore in the corresponding quarter of the previous financial year. 

SMS Lifesciences: Up 15.19%. The pharmaceutical company has reported a 233% YoY rise in the profit at Rs 5 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 1.5 crore in the corresponding quarter of the previous financial year.  

Stocks in News 

PNB Housing: Down 4.99%. SEBI has restrained PNB Housing Finance from going ahead with shareholders' voting on the proposed Rs 4,000 crore-deal with Carlyle group and directed the company to carry out the valuation process as per the relevant legal provisions. The regulator said the resolution regarding the deal, which was to be put for shareholders' vote on June 22, was "ultra-vires" of the company's Articles of Association (AoA). 

Centrum Capital: Up 6.96%. RBI has cleared Centrum Group and BharatPe’s bid to take over Punjab and Maharashtra Cooperative (PMC) Bank. Now, Centrum Financial Services Ltd (CFSL) to set up a small finance bank (SFB), which will take over the beleaguered Punjab and Maharashtra Cooperative Bank (PMC Bank). CFSL, and its partner BharatPe, a payments system company, will infuse Rs 1,800 crore into the small finance bank. 

BPCL: Down 0.05%. The commerce and industry ministry has floated a draft cabinet note seeking inter-ministerial views on a proposal to allow up to 100 per cent foreign investment under automatic route in oil and gas PSUs, which have an 'in-principle approval for disinvestment. This step will speed up the process of privatization of India's second-biggest oil refiner Bharat Petroleum Corp Ltd (BPCL).

Stocks at Life High

CRISIL: Up 6.37%. Earlier, the stock hit the life high of 2,741.35 in the intraday trade today. 

Dixon: Up 3.66%. Earlier, the stock hit the life high of 4,644.90 in the intraday trade today. 

Cyient: Up 1.50%. Earlier, the stock hit the life high of 920 in the intraday trade today. 

Buzzing Stocks

Sugar Stocks: Back in action. Stocks like Mawana Sugars – up 4.92%, Triveni Engineering – UP 10.25%, Sakthi Sugar – up 5%, Avadh Sugar – up 4.14%, and Balrampur Sugar – up 3.7% among others were trading with gains. 

Adani Group Stocks: Sharp reversal in Adani Group stocks and all of them buzzing today. All stocks of the Group like Adani Port – up 6.29%, Adani Green – up 5%, Adani Enterprises – up 5.12%, Adani Total Gas – up 5%, Adani Power – up 4.96% were trading with gains. 

Vardhman Steel: Up 2.36%. It was a SIP stock on April 29, 2021, at 189.

Dixon Tech: Up 3.81%. The stock was suggested in the Cash Ka Stock today. 

Transformers & Rectificers: Up 13.61%. 

Jet Airways: Up 4.99%. 

Barbeque Nation: Up 4.28%.

Jai Corp: Up 3.51%. 

Mishra Dhatu: Up 4.18%.

Hindustan Copper: Up 2.67%. 

Ratnamani Metal: Up 2.20%. 

Bector’s Food: Up 1.49%. 

AU Small Finance: Up 1.24%. 

Greaves Cotton: Up 1.51%. 

Lovable: Up 1.02%.

HEG: 0.85%. 

Falling Stocks

Affle India: Down 3.81%

Havells India: Down 2%. 

Tata Motors: Down 1.71%.