BBTC, Auto Ancillary to Tata Investment - here are the top Buzzing Stocks today

Indian stock benchmarks were trading with decent gains in the noon deals of Tuesday, April 26, 2022. At 1:11 pm, the S&P BSE Sensex was trading 411.34 points or 0.73% higher at 56,991.23 while the Nifty 50 index was 140.50 points or 0.83% up at 17,094.45. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of some of such stocks:

Buzzing Stocks

• BBTC: Up 8.87%.
• Bombay Dyeing: Up 5.80%.
• NLC India: Up 4.87%.
• M&M Finance: UP 3.52%.
• Apollo Tyres: Up 3.96%.
• Gujarat Pipavav: Up 6.14%.
• JSW Energy: Up 4.99%.
• Navkar Corp: Up 5.57%.
• Indian Energy Exchange: Up 2.24%.
• Nippon Life India: Up 2.36%.
• Tejas Networks: Up 1.50%.
• Kalyan Jewellers: Up 1.94%.
• Page Industries: Up 2.60%.
• Snowman Logistics: Up 2.31%.
• Sugar Stocks: On a move. Stocks like Balrampur Chini - up 1.52%; KCP Sugars - up 1.08%; Andhra Sugars - up 3.02% and EID Parry - up 1.70% were trading with decent gains.
• Agri Stocks: On a move. Stocks like UPL Ltd - up 1.11%; Shakti Pumps - up 4.06%; Avanti Feeds - up 1.19; Aries Agro - up 2.35% were trading with decent gains.
• Auto Ancillary Stocks: On a move. Stocks like Mahindra CIE - up 14.56%; Motherson Sumi - up 3.76%; Jamna Auto - up 4.65%; Bharat Forge - up 2.26%; Ramkrishna Forgings - up 1.68%; Rane Brake Linings - up 4.95%; Endurance Technologies - up 3.63% were trading with decent gains.
• Fertilizer Stocks: Under pressure. Stocks like RCF - up 1.15%; GSFC - up 2.14%; GNFC - up 2.92%; Chambal Fertilizer - up 1.49%; Aries Agro - up 2.85% and Coromandel International - up 1.67% were trading with decent gains.
• Food Processing Stocks: Under pressure. Stocks like KRBL - up 2.29%; Britannia - up 2.56%; Vadilal Industries - up 3.63% and ADF Foods - up 2.40% were trading with decent gains.
• Hotel Stocks: On a move. Stocks like EIH - up 4.97%; Taj GVK - up 3.64%; Kamat Hotels - up 3.94%; Advani Hotels - up 3.31%; ITDC - up 1.04% and ITC - up 1,14% were trading with decent gains.
• Housing Finance Stocks: On a move. Stocks like Indiabulls Housing Finance - up 5.14%; LIC Housing Finance - up 4.23%; Aavas Financiers - up 3.79%; Canfin Homes - up 1.90%; GIC Housing - up 2.18% and Repco Home - up 1.52% were trading with decent gains.
• Leather Stocks: On a move. Stocks like Mirza International - up 3.03%; Liberty Shoes - up 8.64%; Khadim India - up 13.50%; Bata India - up 1.40% and Superhouse - up 6.75% were trading with decent gains.
• Liquor Stocks: On a move. Stocks like United Spirits - up 2.84%; United Breweries - up 2.69%; Tilaknagar Industries - up 3.97%; Radico Khaitan - up 2.47%; Som Distilleries - up 3.14% and Globus Spirit - up 1.29% were trading with decent gains.
• Godrej Group Stocks: On a move. Stocks like Godrej Consumers - up 3.63%; Godrej Agrovet - up 2.95%; Godrej Properties - up 3,24% and Godrej Industries - up 1.13% were trading with decent gains.
• FMCG Stocks: On a move. Stocks like Godrej Consumer Products - up 3.63%; Tata Consumer - up 2.93%; United Spirits - up 2.84%; Marico - up 2.56%; UBL - up 2.52%; Radico Khaitan - up 2.47% and Britannia - up 2.43% were trading with decent gains.
• Oil & Gas Stocks: On a move. Stocks like IGL - up 2.18%; Gujarat Gas - up 1.77%; MGL - up 1.69%; Oil India - up 1.27% and Reliance Industries - up 1.15% were trading with decent gains.
• Consumer Durable Stocks: On a move. Stocks like Blue Star - up 3.54%; Bata India - up 1.73%; Titan - up 1.44%; Dixon Technologies - up 1.41% and Havells India - up 1.16% were trading with decent gains.
• Realty Stocks: On a move. Stocks like Sobha - up 3.75%; Godrej Properties - up 3.24%; Oberoi Realty - up 3.11%; IB Real Estate - up 2.91% and DLF - up 2.50% were trading with decent gains.
• Pharma Stocks: On a move. Stocks like Lupin - up 4.03%; Glenmark - up 2.60%; Alembic Pharma - up 2.54%; Cipla - up 2.43%; Divi's Laboratories - up 2.36% and Strides Pharma - up 2.23% were trading with decent gains.
• Metal Stocks: On a move. Stocks like Vedanta - up 1.96%; SAIL - up 1.86%; Jindal Steel - up 1.50%; Hindustan Copper - up 1.45%; Tata Steel - up 1.45% and NMDC - 1.13% were trading with decent gains.
• IT Stocks: On a move. Stocks like Infosys - up 1.83%; LTTS - up 1.54%; Wipro - up 1.03% and HCL Technologies - up 1% were trading with decent gains.
• Financial Services Stocks: On a move. Stocks like Cholamandalam Investment - up 5.89%; Sriram Transport Finance - up 4.17%; Piramal Enterprises - up 4.17%; Bajaj Finance - up 2.62%; and PFC - up 1.55% were trading with decent gains.
• Auto Stocks: On a move. Stocks like TVS Motor - up 4.25%; M&M - up 4.04%; Hero MotoCorp - up 3.97%; Ashok Leyland - up 3.86%; Bajaj Auto - up 3.54%; Tata Motors - up 2.48% and Eicher Motor - up 1.95% were trading with decent gains.
• Banking Stocks: On a move. Stocks like IndusInd Bank - up 3.63%; AU Small Finance Bank -up 3.35%; SBI - up 2.63%; Bank of Baroda - up 2.52%; Federal Bak - up 1.89%; IDFC First Bank - up 1.78% and Bandhan Bank - up 1.77% were trading with decent gains.

Falling Stocks 

• Texmaco Rail: Down 6.63%.
• GE Shipping: Down 5.19%.
• Nagarjuna Fertilizers: Down 4.85%.
• La Opala: Down 2.40%.
• Cera Sanitaryware: Down 2.66%.
• Fineotex Chemical: Down 3.34%.
• Minda Corp: Down 2.11%.
• Minda Industries: Down 1.93%.
• ONGC: Down 2%.
• Religare Enterprises: Down 1.60%.
• Gujarat Sidhee: Down 1.58%.
• Manali Petrochemicals: Down 1.78%.
• Amber Enterprises: Down 1.38%.
• JBM Auto: Down 2.70%.
• IFB Agro: Down 1.41%.

IPO Update

Campus Activewear: The Rs 1,400 crore initial public offering IPO of Campus Activewear which opened for bidding today was subscribed 0.66 times by 1:00 pm. The Non-Institutional Investors (NIIs) portion was subscribed 0.30 times while the Retail Individual Investors(RIIs) portion was subscribed 1.19 times. The issue will close on April 28, 2022. The price band for the issue is set at Rs 278-292 per equity share. The issue is entirely an offer-for-sale (OFS) from the promoters and existing shareholders of the company. They will offload 4,79,50,000 shares during the OFS. Besides, the footwear brand on April 25, 2022, raised Rs 418.3 crore from 32 anchor investors, ahead of its public issue opening.

Reaction to Q4FY22 Results

Tatva Chintan Pharma Chem Ltd: Down 7.81%. The company on Monday reported a 16.7% YoY decline in the consolidated profit at Rs 17.5 crore for the quarter ended March 31, 2022, against Rs 21 crore posted in the corresponding quarter of the previous financial year. Revenue from operations fell 9.6% YoY to Rs 98.5 crore against Rs 109 crore posted last year. EBITDA stood at Rs 21.8 crore, down 11.7% from last year's Rs 24.7 crore. The margin was 22.1% in Q4FY22 against 22.7% posted in Q4FY21. Besides, the board has recommended a final dividend of Rs 2 per equity share for the financial year 2021-22. 
 

Mahindra CIE: Up 14.56%. The multi-technology automotive components supplier Mahindra CIE has reported a 1,510% YoY rise in the consolidated profit at Rs 161 crore for the quarter ended March 31, 2022, against Rs 10 crore posted in the corresponding quarter last year. Revenue from operations grew 18.2% YoY to Rs 2,588 crore as compared to Rs 2,189 crore posted last year. EBITDA grew 3.3% YoY to Rs 295.4 crore against Rs 286 crore posted last year. The margin fell to 11.4% in Q4FY22 against 13.1% posted in Q4FY21. 

Tata Investment Corporation Ltd: Up 2.06%. The NBFC has reported a 970% YoY rise in the consolidated profit at Rs 214 crore for the quarter ended March 31, 2022, against Rs 20 crore posted in the corresponding quarter of the previous financial year. Revenue from operations jumped 388.5% to Rs 254 crore in the reported quarter against Rs 52 crore posted last year. EBITDA grew 394.8% YoY to Rs 229 crore against Rs 46.28 crore posted last year. The margin grew to 90.2% in Q4FY22 against 89% posted in Q4FY21. 

Automotive Stampings and Assemblies: Up 4.99%. The company on Monday reported a consolidated profit of Rs 60 crore for the quarter ended March 31, 2022, against a consolidated net loss of Rs 0.2 crore posted in the corresponding quarter of the previous financial year. Its revenue from operations grew 50.4% YoY to Rs 203 crore in the reported quarter against Rs 135 crore posted last year. EBITDA fell 78.8% YoY to Rs 1.7 crore against Rs 8 crore posted last year. Margin dropped to 0.8% in Q4FY22 against 5.9% posted in Q4FY21. The company has reported an exceptional gain of Rs 62 crore in the reported quarter.