The domestic markets climbed off the record highs scaled in the morning trade but were trading half a per cent up in Tuesday’s noon deals. At 12:58 pm, the S&P BSE Sensex was trading with a gain of 279.17 points or 0.53% at 52,853.63. The Nifty 50 index was trading 105.40 points or 0.67% higher at 15,851.90. 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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Earning Reaction 

Oil India: Down 1%. Natural Gas Liquids Company reported a 32% QoQ decline in the net profit at Rs 950 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 1,399 crore posted in the previous quarter ended December 31, 2021

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TCNS Clothing: Up 0.06%. TCNS has reported a year-on-year (YoY) profit of Rs 3.87 crore for the quarter ended March 31, 2021. It had posted a loss of Rs 23.7 crore in the corresponding quarter of the previous financial year. 

MM Forgings: Up 14.47%. The company has reported 7.8 times YoY rise in the consolidated profit at Rs 34.12 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 3.05 crore in the corresponding quarter of the previous financial year. The board has declared an interim dividend of Rs 5 per share. The record date for payment of Dividend will be July 2, 2021. 

Rana Sugars: Up 4.87%. The sugar manufacturer has reported a 70% YoY decline in the profit at Rs 73 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 247 crore in the corresponding quarter of the previous financial year. 

VST tillers: Down 1.58%. The manufacturer of power tiller has reported a YoY profit of Rs 12.93 crore for the quarter ended March 31, 2021. It had posted a loss of Rs 3.3 crore in the corresponding quarter of the previous financial year. The revenue from operations grew 61.6% to Rs 194 crore as compared to Rs 120 crore posted last year. It posted a positive EBITDA of Rs 7.8 crore in the period under consideration as compared to an EBITDA loss of Rs 6.46 crore posted last year. The margin stood at 4% in the Q4FY21. The board has recommended a final dividend of Rs. 20 per share. 

GPT Infraprojects Limited: Up 19.96%. Infrastructure company based out of Kolkata has reported 9 times YoY jump in the consolidated profit at Rs 8.4 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 0.94 crore in the corresponding quarter of the previous financial year.

Hindustan National Glass: Down 3.15%. The glass container manufacturing company has reported a year-on-year (YoY) loss of Rs 54.5 crore for the quarter ended March 31, 2021. It posted a loss of Rs 28 crore in the corresponding quarter of the previous financial year. 

Talbros Engineering: Up 9.98%. The manufacturer of Axle Shafts for OEM's in India has reported 21 times to rise in the profit at Rs 4.74 crore for the quarter ended March 31, 2021. It had posted a profit f Rs 0.22 crore in the corresponding quarter of the previous financial year. 

Stocks in News

Indian Bank: Up 5.23%. State-owned Indian Bank on Monday launched its qualified institutional placement (QIP) of shares to raise around Rs 4,000 crore, setting the floor price at Rs 142.15 per share (2% discount at CMP of Rs 145.45). "The bank may offer a discount of up to 5 per cent on the floor price in the QIP. Further, a meeting of the committee is scheduled to be held on June 24, 2021, to consider and approve the issue price.  

Brigade Enterprises: Up 4.55%. The real estate development company has launched its qualified institutional placement (QIP) of shares at a floor price of Rs 276.50 per share. The company can offer a discount of up to 5% on the floor price. The Committee of Directors is scheduled to meet on June 25, 2021, to approve the issue price

United Breweries: Up 1.02%. Fairtrade regulator CCI on Monday said it has approved Heineken International B.V's proposed acquisition of an additional equity stake in United Breweries Ltd (UBL).

PNB Housing: Up 3.72%. The Securities Appellate Tribunal (SAT) on Monday allowed PNB Housing Finance to go ahead with the extraordinary general meeting (EGM) scheduled for June 22, 2021. However, the tribunal said the results of the voting were not to be disclosed. The next hearing is scheduled for July 5, 2021. The HFC has to reply to SEBI by June 26, 2021. 

3i Infotech: Up 4.09%. SREI Multiple Asset Investment Trust Sold 2.5 Cr Shares at 11/sh 

NIIT: Up 2.21%. Pace Education and Financial Services sold 7.58 lakh shares at Rs 264.10 per share. 

Dr Reddy’s Laboratories: Down 0.02%. Dr. Reddy''s Laboratories announces the launch of Icosapent Ethyl Capsules, 1 gram in the U.S. Market
Shilpa Medicare: Up 2.07%. Shilpa Medicare Limited Launches, first time in the world fast-dissolving Oral Thin Films of Paracetamol, Molshil® Oral Thin Films in India

Buzzing 

Oil & Gas Stocks: Buzzing. Stocks like Chennai Petroleum – up 4.95%, HOEC – up 2.92%, and MRPL – up 3.27%, among others, were trading with gains. 

Rating Agencies: In focus again. Stocks like CRISIL – up 3.55% and CARE – up 2.56% among others are trading with gains.

Logistics Stocks: Moving higher. Stocks like Sical – up 4.93%, Allcargo - up 5.54% VRL – up 1.38% and Gateway Distriparks – up 0.63% among others are trading with gains.

Hotel Stocks: Buzzing. Stocks like Indian Hotel - up 3.85%, EIH - Up 3.30% and Kamath Hotels – 0.43% among others are trading with gains. 

Hosiery Stocks: Moving up. Stocks like Rupa & Co. – up 6.17%, VIP Clothing – up 1.16%, Dollar Industries – 0.89%, and Lux Industries – up 3.17% among others were trading with gains. 

Adani Group Stocks: Moving up. Stocks like Adani Ports – up 3.13%, Adani Green Energy – up 4.83%, Adani Power – up 4.98%, Adani Total Gas – up 5%, Adani Transmission – up 5% among others were trading higher. 

Sugar Stocks: Moving Up. Stocks like Renuka Sugar – up 4.98%, Bajaj Hindustan – up 4.19%, Balrampur Chini – up 1.25% among others were trading with gains. 

GPT Infraprojects: Up 19.96%. 
Hudco: Up 10.26%
Piramal Enterprises: Up 5.73%. 
Inox Leisure:Up 3.70%. 
PVR: Up 2.73%. 
Brigade Enterprises: Up 4.43%. 
Hemisphere Properties: Up 1.42%. 
Dishman Carbogen: Up 1.50%. 
BASF: Up 2.79%. 
Venky’s: Up 6.55%. 
IOB: Up 7.63%. 
Central Bank: Up 6.61%. 
J&K Bank: Up 4.20%.  

Stocks at life highs

Gujarat Gas: Up 0.78%. Earlier, the stock hit the life high of 704.50 in the intraday trade today.
GSPL: Up 4.04%. Earlier, the stock hit the life high of 338.15 in the intraday trade today.
CRISIL: Up 2.46%. Earlier, the stock hit the life high of 2,898.85 in the intraday trade today.
Dixon Technology: Up 0.23%. Earlier, the stock hit the life high of 4,682.60 in the intraday trade today.
Bajaj Finserv: Down 0.06%. Earlier, the stock hit the life high of 12,266 in the intraday trade today.
APL Apollo: Down 1.33%. Earlier, the stock hit the life high of 1,644.70 in the intraday trade today.
Pidilite: Up 0.51%. Earlier, the stock hit the life high of 2,173.95 in the intraday trade today.
Asian Paints: Down 0.70%. Earlier, the stock hit the life high of 3,092.85 in the intraday trade today.
Titan: Up 1.25%. Earlier, the stock hit the life high of 1,770.80 in the intraday trade today.