Britannia, IRCTC to Gems & Jewellery Stocks - here are top Buzzing Stocks today
Domestic markets continued the uptrend and were trading around 0.50% higher on Monday at 1:14 pm. BSE Sensex was trading 351.82 points higher at 52,938.66. The Nifty 50 index was trading 114.15 points higher at 15,877.20. Here is a list of few stocks that were in action in either direction based on reports linked to them
The domestic markets continued the uptrend and were trading around 0.50% higher on Monday’s noon deals. At 1:14 pm, the S&P BSE Sensex was trading 351.82 points or 0.67% higher at 52,938.66. The Nifty 50 index was trading 114.15 points or 0.72% higher at 15,877.20. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of few such stocks:
Earnings Impact
Britannia: Up 2.81%. The food and beverage company has reported a 28.7% YoY decline in the consolidated profit at Rs 387 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 542.7 crore in the same period last year.
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UPL: Down 2.06%. The manufactures of agrochemicals, industrial chemicals, chemical intermediates, and specialty chemicals have reported a 4% YoY rise in the consolidated profit at Rs 677 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 653 crore in the same period last year.
NTPC: Down 0.59%. State-owned power giant has reported a 27.3% YoY rise in the profit on a standalone basis at Rs 3,145.6 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 2,470 crore posted in the same period last year. Sequentially, the profit dropped 30% from Rs 4,479 crore posted in the quarter ended March 31, 2021.
BHEL: Up 0.59%. State-owned power generation equipment manufacturer has reported narrowing of the standalone net loss of Rs 445.5 crore for the quarter ended June 30, 2021, as compared to Rs 897 crore posted in the same period last year. Sequentially, the loss stood at Rs 1,033 crore in the quarter ended March 31, 2021.
Bandhan Bank: Up 3.04%. The private lender has reported a 32% YoY decline in the profits at Rs 373 crore for the quarter ended June 30, 2021. It had posted a net profit of Rs 550 crore in the same quarter last year.
IDFC First Bank: Down 1.73%. Private sector lender IDFC First Bank reported a net loss of Rs 630 crore for the quarter ended June 30, 2021, as against a profit of Rs 94 crore posted last year in the same quarter. PAT impacted due to higher Provisioning and large slippage due to one infra-Account.
Shriram Transport Finance: Down 1.03%. The non-banking finance company (NBFC) has reported a 47% YoY decline in the profits at Rs 170 crore for the quarter ended June 30, 2021. PAT down due to Provisions. The lender had posted a net profit of Rs 320 crore in the year-ago quarter.
PI Industries: Up 8.02%. The chemical industry company has reported a 28% YoY rise in the consolidated profit at Rs 187 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 146 crore in the year-ago quarter.
Finolex Industries: Up 0.65%. The manufacturer of PVC water pipes and CPVC pipes has reported a 156.6% YoY rise in the consolidated profit at Rs 145.5 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 56.7 crore in the year-ago period.
Jindal Saw Ltd: Up 2.44%. The manufacturer of SAW pipes and spiral pipes has reported a consolidated profit of Rs 145.8 crore for the quarter ended June 20, 2021. It had posted a consolidated loss of Rs 26.6 crore in the same quarter last year.
KEC International: Down 1.99%. The construction engineering company has reported a 34.8% YoY decline in the consolidated profit at Rs 46.1 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 70.8 crore in the same quarter last year.
Vinati Organics: Down 1.71%. The chemical company has posted a 13% YoY rise in the consolidated profit at Rs 81 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 72 crore in the same quarter last year.
Auto Stocks
Maruti Suzuki: Up 1.09%. India’s largest carmaker has reported a sale of 1,62,462 units in July 2021 as compared to 1,47,368 units sold on June 30, 2021. Domestic sales stood at 1,36,500 units and it exported 21,224 units in July 2021.
Hero MotoCorp: Up 0.64%. India’s largest two-wheeler company has reported a 13% YoY drop in sales at 4,54,3998 units in July 2021 as compared to 5,20,104 units sold in July 2020. On an MoM basis, the sales dropped 3% as it sold 4,69,160 units in June 2021. Exports grew 233% YoY to 25,190 units compared to 7,563 units exported in July 2020. It exported 30,646 units in June 2021.
Eicher Motors: Up 2.03%. Eicher Motors said that total sales of mid-sized motorcycle Royal Enfield grew 9% YoY to 44,038 units in July 2021 as against 40,334 units sold in July 2020. It sold 43,048 units in June 2021. VE Commercial Vehicles (VECV), a Volvo Group and Eicher Motors joint venture, has reported a 96% increase in sales at 4,271 units in July 2021 as against 2,184 units sold in July 2020.
Escorts: Down 0.20%. Tractor sales grew 23% YoY to 6,564 units in July 2021 as against 5,322 units sold in July 2020. On a month-on-month basis, tractor sales dropped 48% from 12,533 units sold in June 2021. Sales of construction vehicles grew 43% to 367 units from 256 units.
Tata Motors: Up 1.16%. The company has reported a 19% MoM rise in domestic sales at 51,981 units in July 2021 as against 43,704 units sold in June 2021. Passenger vehicles sales grew 25% to 30,185 units in July 2021 as against 24,110 units sold in June 2021. Commercial vehicles sales grew 8% to 23,848 units in July 2021 as against 22,100 units sold in June 2021.
Stocks in News
IRCTC: Up 6.89%. The Board of Directors of the company is scheduled to be held on August 12, 2021, through video conferencing to consider and approve the unaudited Financial Results of the Company for the quarter ended on June 30, 2021. It will also recommend the proposal for sub-division of the Company's equity shares of the face value of Rs. 10/- each and matters related thereto, subject to the approval of Ministry of Railways, Government of India and shareholders.
Buzzing Stocks:
Dr Lal Pathlabs: Up 2.35%.
Metropolis: Up 3.42%.
CDSL: Up 5%.
HEG: Up 4.56%.
Angel Broking: Up 10%.
Burger King: Up 2.21%.
CAMS: Up 4.74%.
Edelweiss Financial Services: Up 4.58%.
Zomato: Up 3.60%.
Cholamandalam: Up 8.92%.
Ceramic Stocks: Gaining. Stocks like Nitco Ltd – up 3.94%, Orient Bell - up 3.02%, Pokarana – up 12.84%, Asian Granito – up 3.17%, Cera Sanitaryware – up 2.39% were trading higher.
Godrej Group Stocks: Gaining. Stocks like Godrej Properties – up 3.69%, Godrej Industries – up 1.37% and Godrej Agrovert – up 1.69% were trading higher.
Broking Housing Stocks: Gaining. Stocks like Angel Broking – up 10%, Geojit Financial – up 7.39%, Edelweiss Financial – 4.74% and ICICI Securities – up 2.55% were trading higher.
Cement Stocks: Gaining. Stocks like Mangalam Cement – up 6.30%, NCL – up 10.26%, Sanghi Industries – up 3.18% were trading higher.
Gems & Jewellery Stocks: Gaining. Stocks like Thangamayil Jewellery – up 3.02%, Renaissance Global – up 4.26%, TBZ – up 2.73% were trading higher.
Hosiery Stocks: Gaining. Stocks like Dollar Industries – up 4.48%, Rupa & Company – up 2.39%, Lux Industries – up 2.24% were trading higher.
Stocks at Life Highs
Ashiana Housing: Up 5.13%. Meanwhile, the stock hit the life high of 187 earlier in the intraday today.
Nureca: Up 5%. Meanwhile, the stock hit the life high of 1,811.25 earlier in the intraday today.
Macrotech Developers: Up 6.54%. Meanwhile, the stock hit the life high of 917.90 earlier in the intraday today.
Mahindra Logistics: Up 5.56%. Meanwhile, the stock hit the life high of 819 earlier in the intraday today.
Abbott India: Up 4.75%. Meanwhile, the stock hit the life high of 19,994.70 earlier in the intraday today.
Oriental Carbon & Chemicals: Up 13.93. Meanwhile, the stock hit the life high of 1,323.90 earlier in the intraday today.
Oberoi Realty: Up 8.72%. Meanwhile, the stock hit the life high of 755 earlier in the intraday today.
Fairchem Organics: Up 10%. Meanwhile, the stock hit the life high of 1,934.80 earlier in the intraday today.
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