Newsmakers: Metro Brands, Greaves Cotton, Hero MotoCorp and HCL Technologies among top 10 stocks that moved the most on January 17

The shares of the company closed in the green at Rs 609.50 with a gain of 19.99 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 609.45 with a gain of 19.99 per cent. Footwear retail chain has reported a 57% YoY jump in the consolidated profit at Rs 101.27 crore for the quarter ended December 31, 2022. It had posted a profit of Rs 64.55 crore in the corresponding quarter last fiscal. Its revenue from operations grew 59% at Rs 482.77 crore in the reported quarter compared to Rs 304.21 crore posted last year. EBITDA grew 71% YoY to Rs 167.89 crore compared to Rs 98.27 crore posted last year. the company’s margin improved to 34.70% in Q3FY22 compared to 32.3% posted in Q3FY21. Source: metrobrands.com

The shares of the company closed in the green at Rs 934.10 with a gain of 9.85 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 933.70 with a gain of 9.80 per cent.  Meanwhile, the stock touched a life high of Rs 952.35 per share earlier in the intraday trade today. Source: rajeshindia.com

The shares of the company closed in the green at Rs 242.50 with a gain of 5.99 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 241.70 with a gain of 5.66 per cent. Meanwhile, the stock touched a life high of Rs 251.65 per share earlier in the intraday trade today. Source: greavescotton.com

The shares of the company closed in the green at Rs 2,701 with a gain of 5.11 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 2698.80 with a gain of 4.99 per cent. The Union Ministry of Power has promulgated the revised consolidated Guidelines & Standards for Charging Infrastructure for Electric Vehicles (EV). Any individual/entity is free to set up public charging stations without the requirement of a license provided that, such stations meet the technical, safety as well as performance standards and protocols laid down under the guidelines as well as norms/ standards/ specifications laid down by Ministry of Power, Bureau of Energy Efficiency (BEE) and Central Electricity Authority (CEA) from time to time. A phase-wise installation has been envisaged under the guidelines. Source: Hero Motocorp Twitter

The shares of the company closed in the green at Rs 54.05 with a gain of 4.95 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 53.35 with a gain of 4.92 per cent. Mukul Mahavir Agarwal bought 2.43% stakes in the company in December 2021 quarter. Source: ismt.co.in

The shares of the company closed in the green at Rs 224.10 with a gain of 2.54 per cent as per BSE. Oil India (USA) Inc., A Texas, USA Corporation (Wholly Owned Subsidiary of Oil India Limited), divested its entire stake in Niobrara Shale Asset, USA. The company will get $25 million by divesting the entire stake. Besides, ATF price or jet fuel was hiked by 4.2% on Sunday. This is the second increase in rates this month warranted by firming international oil prices. Source: oil-india.com

The shares of the company closed in the green at Rs 489.25 with a gain of 2.10 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 488 with a gain of 1.70 per cent. Meanwhile, the stock touched a life high of Rs 507 per share earlier in the intraday trade today. Source: niit.com

The shares of the company closed in the red at Rs 1,523.50 with a fall of 1.40 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 1521.55 with a fall of 1.53 per cent. The leading private sector lender HDFC Bank has reported an 18% YoY rise in the profit at Rs 10,343 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 8,758 crore in the corresponding quarter last fiscal. PAT is higher due to lower provisions and higher income. Net Interest Income (NII), the difference between interest earned and interest expended, jumped 13% YoY to Rs 18,443.5 crore compared to Rs 16,317.6 crore posted last year. Provisions and contingencies for the quarter declined 12.3% YoY to Rs 2,994 crore from Rs 3,414 crore posted last year. Source: HDFC Bank Twitter

The shares of the company closed in the red at Rs 2,964 with a fall of 1.80 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 2959.85 with a fall of 1.96 per cent. The Board of Directors of the company has approved a buyback of up to Rs 1,000 crore. The exact quantum of the buyback, price of buyback, timing of the buyback will be announced later. Source: hgs.cx

The shares of the company closed in the red at Rs 1,260.55 with a fall of 5.73 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 1258.80 with a fall of 5.89 per cent. IT Major HCL Technologies has reported a 5.6% QoQ rise in the consolidated profit at Rs 3,442 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 3,259 crore posted in the previous quarter ended September 30, 2021. Revenue from operations grew 8.1% QoQ to Rs 22,331 crore compared to Rs 20,655 crore posted last year. The IT major said its revenue in dollar terms grew 6.7% QoQ to $297.7 crore in the reported quarter against $279.1 crore posted in the previous quarter. EBIT grew 7.9% QoQ to Rs 4,257 crore in December 2021 quarter against Rs 3,944 crore posted in September 2021 quarter. Its margin remained flat at 19.1%. Source: hcltech.com