Domestic benchmarks snapped the losing streak of three consecutive sessions and closed over a per cent higher on Thursday, July 22, 2021. The benchmark S&P BSE Sensex index soared 638.70 points or 1.22 per cent to close at 52,837.21. The Nifty 50 index closed 191.95 points or 1.23 per cent higher at 15,824.05. But certain stocks came in the news after the market was closed. These stocks can impact the indices, when it reopens on Friday, July 23, 2021. List of such five stocks:

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Zomato: Shares of the Indian multinational restaurant aggregator and food Delivery Company will debut on the bourses today. The issue price for the IPO was Rs 76 per share and was subscribed 38.25 times.

Biocon +Mphasis + ICICI Lombard 

Biocon: The biopharmaceutical company has reported a 3.6% YoY decline in the consolidated profit at Rs 108 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 168 crore posted in the corresponding quarter of the previous financial year. Sequentially, the profit fell 63% as it posted a profit of Rs 296 crore in the previous quarter ended March 31, 2021. APAT dropped 44% YoY to Rs 84 crore compared to Rs 149 crore posted last year. Sequentially, APAT fell 67% from Rs 254 crore posted in the previous quarter. Revenue from operations grew 4% YOY to Rs 1,761 crore compared to Rs 1,694 crore posted last year. The revenue fell 4.4% QoQ from Rs 1,842 crore posted in the previous quarter. The EBITDA grew 6% YoY to Rs 389 crore compared to Rs 413 crore posted last year. EBITDA fell 11% QoQ from Rs 436 crore. Margin declined to 22% in Q1FY22 as against 224.3% posted in Q1FY21 and 23.6% posted in Q4FY21. 

Generics: Down 22% (COVID challenges at API facilities, facing pricing pressure & launched 2 new) 

Biosimilar: Up 10% 

Research services: up 41% 

Mphasis: IT Service Management Company has reported a 7.2% QoQ rise in the consolidated profit at Rs 340 crore for the quarter ended June 30, 2021 (Q1FY22). It had posted a profit of Rs 317 crore in the previous quarter ended March 31, 2021 (Q4FY21). Consolidated revenue from operations grew 6.6% QoQ to Rs 2,691 crore compared to Rs 2,524 crore posted in the previous quarter. EBIT stood at Rs 427 crore, up 5.3% QoQ from Rs 405 crore posted in the March quarter. It posted a margin of 15.8% in Q1FY22 as against 16% posted in Q4FY21. It reported a Constant Currency growth of 5.9% QoQ. Record deal wins of $505 million in direct business, the highest ever in the history of Mphasis.
ICICI Lombard: The general insurance company has reported a 61% YoY decline in the profit at Rs 152 crore for the quarter ended June 30, 2021, due to underwriting loss due to a rise in COVID-19 claims. It has posted a profit of Rs 398 crore in the corresponding quarter of the previous financial year. The insurer posted an underwriting loss of Rs 508.16 crore in the wake of rising health claims due to COVID-19. Loss ratios in the health segment rose to 153.2% in Q1 as against 75.5% a year ago. The Gross written premium of the company increased 12% to Rs 3,808 crore in the quarter as compared to Rs 3,394 crore posted last year. Net Premium increased 12% to Rs 2,478 crore compared to Rs 2,219 crore posted last year.

Tanla + IEX + South Indian Bank

Tanla Platform: The cloud communications company has reported a 3% QoQ rise in the consolidated profit at Rs 105 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 102 crore in the previous quarter ended March 31, 2021. Revenue from operations on a consolidated basis fell 3% QoQ to Rs 626 crore as against Rs 648 crore posted in the previous quarter. EBITDA remains unchanged at Rs 134 crore. The consolidated margin improved to 21.4% in Q1FY22 as against 20.6% posted in Q4FY21. Besides, the board has approved the proposal for the buyback of the Company’s fully-paid equity shares for an aggregate amount of Rs 65 crore at a price not exceeding Rs 1260 per equity share.
Indian Energy Exchange (IEX): India's power trading platform has reported a 50% YoY rise in the consolidated profit at Rs 63 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 42 crore in the corresponding quarter last year. Consolidated sales grew 33.8% YoY to Rs 91 crore compared to Rs 68 crore posted last year. EBIDTA stood at Rs 74.5 crore, up 56.8% from Rs 47.5 crore posted last year. Margin improved to 81.8% in Q1FY22 as against 69.8% posted in Q1FY21. The board has recommended a dividend of Rs 1.5/equity share. 
South Indian Bank: The private sector lender headquartered at Thrissur in Kerala has reported a 97.8% YoY decline in the standalone profit at Rs 10 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 82 crore in the corresponding quarter of the previous financial year. The Net Interest Income (NII) fell 7.6% to Rs 542 crore in the reported quarter as against Rs 587 crore posted last year. Provisions for bad loans and contingencies were raised to Rs 498 crore for the June quarter of FY22 as against Rs 293 crore for the year-ago period. The Gross non-performing assets (NPAs) jumped to 8.02% in Q1FY22 as against 6.97% posted in Q4FY21. The Net NPA also rose to 5.05% in Q1FY22 as against 3.09% posted in Q4FY21.

 

BPCL: The Union Cabinet on Thursday approved a proposal to allow 100 per cent foreign direct investment (FDI) in public sector refiners, expanding the scope for FDI in the privatisation of Bharat Petroleum Corporation Ltd (BPCL). According to the government’s current FDI policy, 49 per cent of FDI is allowed in public sector refining and 100 per cent in the private sector. The government currently holds 52.98% stakes in BPCL. 

Mahindra Lifespace + Orient Cement 

Mahindra Lifespace: The Board of Directors of the Company at its meeting scheduled on Wednesday, July 28, 2021, will consider and approve the financial results of the first quarter ended June 30, 2021. At the same meeting, it will also consider the proposal for issuance of Bonus Equity Shares, subject to requisite approvals.
Orient Cement: HDFC Mutual Fund sold 43.28 lakh shares of the company on July 19, 2021. With this, HDFC Mutual Fund’s stakes in the company declined to 5.15% from 7.27%.