Domestic stock markets were trading at a loss of around half a per cent in the noon deals of Thursday, February 3, 2022. At 12:44 pm, the S&P BSE Sensex was trading at a loss of 356.42 points or 0.60% at 59,201.91. The Nifty 50 index was 101 points or 0.57% down at 17,679. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of some of such stocks:

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Buzzing Stocks

Amber Enterprises: Up 5.30%.
BSE Ltd.: Up 4.28%.
CDSL: Up 2.36%.
Indo Rama: Up 2.49%.
HDFC AMC: Up 1.05%.
Astra Micro: Up 1.93%.
BLS International: Up 3.81%. Zee Business had a talk with Shikhar Aggarwal, Joint MD of BLS International, today where he said e-Passport can be big business for the company.
Aluminium Stocks: On a move. Stocks like Manaksia Aluminium - up 4.85%; Maan Aluminium - up 2.43%; Vedanta - up 1.46% and NALCO - up 1.25%. were trading with decent gains.
Auto Stocks: On a move. Stocks like TVS Motor - up 5.53%; Hero MotoCorp - up 3.23%; Bajaj Auto - up 2.65%; Ashok Leyland - up 2.05% and Maruti Suzuki - up 1.84% were trading with decent gains.
Auto Ancillary Stocks: On a move. Stocks like India Nippon Electricals - up 4.89%; Craftsman Automation - up 2.93%; Sona BLW Precision - up 2.27%; Auto Axle - up 1.30% and Mahindra CIE - up 1.39% were trading with decent gains.
Cement Stocks: On a move. Stocks like Bigbloc Construction - up 4.60%; NCL Industries - up 2.26%; Sanghi Industries - up 1.17% and Orient Cement - up 1.39% were trading with decent gains.
Chemical Stocks: On a move. Stocks like Balaji Amines - up 7.05%; Meghmani Finechem - up 3.69%; Laxmi Organic - up 2.78%; Chembond Chemicals - up 2.88% and Tanfac Industries - up 1.89% were trading with decent gains.
Sugar Stocks: On a move. Stocks like Triveni Engineering – up 4.61%; Balrampur Chini – up 1.11% and Mawana Sugars – up 1.98%; Magadh Sugar - up 1.12%; Avadh Sugar - up 1.69% were trading with decent gains.
Consumer Durable Stocks: On a move. Stocks like Blue Star - up 10.80%; Amber Enterprises - up 5.17% and TVS Electronics - up 1.14% were trading with decent gains.
Dyes & Pigment Stocks: On a move. Stocks like Sudarshan Chemicals - up 2.65%; Bodal Chemical - up 2.04% and Asahi Songwon - up 1.52% were trading with decent gains.
Fertilizer Stocks: On a move. Stocks like Zuari Agro - up 9.98%; Deepak Fertilizer - up 4.99%; Mangalore Chemical - up 3.16%; FACT - up 1.65% and GNFC - up 1.32% were trading with decent gains.

Declining Stocks

NTPC: Down 2.90%.
Grasim: Down 1.40%.
UPL Ltd.: Down 1.14%.
L&T: Down 2.02%.
Nestle: Down 1%.

Banking Stocks: Declining. Stocks like Kotak Bank - down 1.66%; IDFC First Bank - down 1.22%; Union Bank - down 1.61%; Maharashtra Bank - down 1.17% and IndusInd Bank - down 1.16%; were trading in negative territory.
Pharma Stocks: Declining. Stocks like Lupin - down 1.54%; Aurobindo Pharma - down 1.41%; Torrent Pharmaceuticals - down 1.41% and Pfizer - down 1.31% - were trading in negative territory.
IT Stocks: Declining. Stocks like Mindtree - down 2.71%; LTTS - down 2.20%; LTI - down 2.07%; Mphasis - down 2.04%; Infosys - down 1.66% and Tech Mahindra - down 1.24% were trading in a negative territory.
Financial Services Stocks: Declining. Stocks like M&M Finance - down 6.04%; HDFC - down 3.40%; SBI Life - down 2.51%; Muthoot Finance - down 2.14% and ICICI Prudential Life - down 1.21% were trading in negative territory.
Oil & Gas Stocks: Declining. Stocks like ONGC - down 2.51%; Adani Total Gas - down 1.78%; Hindustan Petroleum - down 1.15%; BPCL - down 1.15% and IGL - down 0.92% were trading in negative territory.
Realty Stocks: Declining. Stocks like Godrej Properties - down 5.92%; Phoenix Mills - down 3.20%; Oberoi Realty - down 2.39% and Macrotech Developers - down 0.85% were trading in negative territory.

Q3FY22 Earnings Reactions

M&M Finance: Down 6.04%. Mumbai-headquartered Indian rural non-banking financial company has reported a standalone net profit of Rs 894 crore for the quarter ended December 31, 2021, as against a loss of Rs 274 crore posted in the year-ago period. Net Interest Income (NII) grew 14% YoY to Rs 1,580 crore in the period under consideration against Rs 1,384 crore posted last year. The company's gross NPAs declined to 11.3% in Q3FY22 against 12.7% posted in Q2FY22. Net NPA also dropped to 5.63% in December 2021 quarter as against 6.39% posted in September 2021 quarter. Disbursements during the quarter grew by 28% YoY and 24% QoQ. The NBFC shall ensure Net Stage 3 is below 4.0% by year-end FY22. 

Blue Star: Up 10.80%. India's leading integrated MEP service provider has reported a 30% YoY rise in the consolidated profit at Rs 48 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 37 crore in the corresponding quarter last year. Revenue from operations grew 34% to Rs 1,506 crore against Rs 1,124 crore posted last year. EBITDA stood at Rs 91, up 11% YoY from Rs 82 crore. Margin fell to 6% in Q3FY22 against 7% posted in Q3FY21. Zee Business talked with Vir Advani, Vice Chairman & Managing Director, Blue Star, on results. Mr Advanid during the interview with Anil Singhvi, Managing Editor, Zee Business, said won't raise prices for the next 3-4 months and margins are expected to remain stable going forward.

Bajaj Consumer: Down 4%. The consumer goods company with major brands in hair care has reported a 31% YoY decline in the consolidated profit at Rs 40 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 58 crore in the corresponding quarter last year. Revenue from operations fell 7% YoY to Rs 229 crore in the reported quarter as against Rs 247 crore posted last year. EBITDA stood at Rs 40 crore, down 37% YoY from Rs 63 crore posted last year. Margin contracted to 18% in Q3FY22 from 26% posted in Q3FY21. 

Balaji Amines: Up 7.05%. The Chemical manufacturing company has reported a 28.8% YoY rise in the consolidated profit at Rs 101.6 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 78.9 crore in the corresponding quarter last year. Revenue from operations grew 44% YoY to Rs 564.9 crore against Rs 392.1 crore posted last year. EBITDA stood at Rs 158.8 crore, up 35.3% from Rs 117.4 crore posted last year. Margins fell to 28.1% in Q3FY22 from 30% posted in Q3FY21. 

JK Lakshmi Cement: Down 1.22%. The building material company has reported a 44.4% YoY decline in the consolidated profit at Rs 65.8 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 118.4 crore in the corresponding quarter last year. Revenue from operation grew 2.1% YoY to Rs 1,285.7 crore in the period under consideration compared to Rs 1,259.8 crore posted last year. EBITDA stood at Rs 173.7 crore, down 23.9% from Rs 228.2 crore posted last year. Margin contracted to 13.5% in Q3FY22 against 18.1% posted in Q3FY21. 

Welspun Enterprises: Down 7.03%. Construction engineering company Welspun Enterprises has reported a 79% YoY decline in the standalone profit at Rs 6.3 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 30 crore on the corresponding quarter last year. Revenue from operation fell 47% YoY to Rs 215.5 crore as against Rs 407.3 crore posted last year. EBITDA stood at Rs 12.8 crore, down 72% from Rs 45.4 crore posted last year. Margin contracted to 5.9% in Q3FY22 from 11.1% posted in Q3FY21.

 Nelcast: Down 1.54%. The manufacturer of Ductile & Grey Iron Castings Nelcast has reported a 65% YoY decline in the consolidated profit at Rs 2.1 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 6 crore in the corresponding quarter last year. Revenue from operations grew 24.7% YoY to Rs 232 crore against Rs 186 crore posted last year. EBITDA stood at Rs 10.7 crore, down 38.2% YoY from Rs 17.3 crore posted last year. Margin contracted to 4.6% in Q3FY22 against 9.3% posted in Q3FY21. 

Stocks in News

Bharat Dynamics: Up 6.38%. Meanwhile, the stock hit a life high of Rs 536.30 per share earlier in the intraday trade today. Bharat Dynamics Limited (BDL) and the Indian Army have signed a contract worth Rs 3,131.82 crore for the manufacture and supply of Konkurs - M AntiTank Guided Missiles to the Indian Army. The contract will be executed in three years.

Granules India Limited: Up 1%. Announced today that the US Food & Drug Administration (US FDA) has approved the Abbreviated New Drug Application (ANDA) filed by Granules Pharmaceuticals, Inc (GPI)., a wholly-owned foreign subsidiary of the company, for Bupropion Hydrochloride. Extended-Release Tablets USP (XL), 150 mg and 300 mg. It is bioequivalent to the reference listed drug product, Wellbutrin XL Extended-Release Tablets, 150 mg and 300 mg, of Bausch Health US, LLC. Bupropion Hydrochloride is used as an antidepressant medication used to treat the major depressive disorder (MDD) and seasonal affective disorder (SAD). The current annual U.S. market for Bupropion Hydrochloride Extended-Release Tablets USP (XL), 150 mg and 300 mg are approximately $661 Million, according to MAT Dec 2021, IQVIA/IMS Health.