Hospital Stocks, Monte Carlo to Latent View Analytics IPO - here are top Buzzing Stocks today

The domestic equity markets started Thursday's journey in the negative zone and slumped further in the early noon deals and were trading at a loss of around 1 per cent. The markets declined on the back of weak global cues. At 12:17 pm, the S&P BSE Sensex was trading at a loss of 522.78 points or 0.87 per cent below the 60,000-mark at 59,830.04. Similarly, the Nifty 50 index was trading below the 18,000-level with a loss of 165.90 points or 0.92 per cent at 17,851.30. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of few such stocks:

Buzzing Stocks

Sansera Engineering: Up 11.34%.

Thermax Limited: Up 10.55%.

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V-Mart Retail: Up 2.93%.

IGL: Up 1.65%. 

Force Motors: Up 1%.

Larsen & Toubro: Up 1.32%.

Titan: Up 1.30%.

Metal Stocks: On a move with Nifty Metal index trading at a gain of 0.83%. Stocks like Welspun Corp - up 3.64%; Tata Steel - up 1.45%; AdanI Enterprises - up 1.27%; Hindustan Zinc - up 1.36%; National Aluminium - up 0.91%; Hindustan Copper - up 0.65%; JSW Steel - up 0.63%; Hindalco - up 0.84% and Jindal Steel - up 0.70% were trading with gains.

Hospital Stocks: On a move. Stocks like Narayana Hrudayala - up 11.42%; Krishna Institute Of Medical Sciences - up 2.71%; Lotus Eye - up 0.55%; Apollo Hospital - up 1.48% and Aster DM Healthcare - up 1.85% were trading with gains.

Declining Stocks 

Nykaa: Down 3.35%.

Nureca: Down 9.30%.

SH Kelkar: Down 5.08%.

ONGC: Down 2.63%.

Barbeque-Nation: Down 4.65%.

Escorts: Down 3.48%.

IT Stocks: Under pressure with Nifty IT index trading 1.22 % lower. Stocks like Tech Mahindra - down 2.65%; Wipro - down 1.37%; Infosys - down 1.16%; Coforge - down 0.83%; Mindtree - down 0.86%; HCL Technologies - down 0.97%; TCS - down 1%; Mpasis - down 1.2%; L&T Technology Services - down 0.67% and Larsen & Toubro Infotech - down 0.18% were trading at a loss.

Banking Stocks: Under pressure with Nifty Bank index trading 0.74% lower. Stocks like SBI - down 1.37%; Axis Bank - down 1.07%; ICICI Bank - down 0.91%; HDFC Bank - down 0.79%; RBL Bank - down 0.62% IDFC First Bank - down 0.39% were trading at a loss.

Auto & Auto Ancillary Stocks: Under pressure with Nifty Auto index trading 0.80% lower. Stocks like Bosch Ltd - down 2.85%; Bharat Forge - down 4.61%; Balkrishna Industries - down 3.05%; Eicher Motors - down 1.55%; Ashok Leyland - down 1.08%; Bajaj Auto - down 0.52%; Amara Raja Batteries - down 0.99% and Hero MotoCorp - down 0.54% were trading at a loss.

Financial Stocks: Under pressure with Nifty Financial Services index trading 1.15% lower. Stocks like HDFC - down 1.49%; Shriram Transport Finance - down 0.36%; Bajaj Finserv - down 2.33%; M&M Finance - down 1.32%; ICICI Lombard - down 1.12%; HDFC AMC - down 1.14%; Piramal Enterprises - down 1.92% and Bajaj Finance - down 1.59% were trading at a loss.

FMCG Stocks: Under pressure with Nifty FMCG index trading 1.09% lower. Stocks like Godrej Consumer Products - down 2.63%; Varun Beverages - down 1.70%; Tata Consumer Products - down 2.20%; Nestle India - down 1.19%; Colgate Palmolive - down 1.21% ; Britannia - down 1.58%; Hindustan Unilever - down 0.92%; Emami - down 2.17% and Marico - down 1.01% were trading at a loss.

Realty Stocks: Under pressure with Nifty Realty index trading 1.96% lower. Stocks like Oberoi Realty - down 3.05%; Phoenix Ltd - down 2.04%; Prestige Estate - down 2.53%; Sobha Ltd - down 0.87%; Godrej Properties - down 1.92%; Indiabulls Real Estate - 1.08% and DLF - down 2.88%were trading at a loss.

Earnings Reaction

Monte Carlo Fashions Ltd: Up 20.00%. The leading branded apparel company has reported a 670% YoY rise in the consolidated profit at Rs 33.9 crore for the quarter ended September 30, 2021, as against a profit of Rs 4.4 crore posted in the year-ago quarter. Its revenue from operations grew 142.7% to Rs 238.3 crore as against Rs 98.2 crore posted last year. Its EBITDA grew by 253% to Rs 52.6 crore as against Rs 14.9 crore posted last year. The company's margin improved to 22.1% in Q2FY22 from 15.2% posted in Q2FY21. 

Narayana Hrudayalaya: Up 11.42%. The leading healthcare service provider in India has reported a consolidated profit of Rs 99.4 crore for the quarter ended September 30, 2021, against a loss of Rs 3.4 crore posted in the year-ago quarter. Its revenue from operations grew 56.4% to Rs 940 crore against Rs 601 crore in the last year. EBITDA improved 524.4% to Rs 169.6 crore against Rs 27 crore. The margin was 17.9% against 4.5% of the last year.

CRISIL: Up 11.62%. The global analytical company providing ratings and research has reported a 25.2% YoY rise in the consolidated profit at Rs 112.9 crore for the quarter ended September 30, 2021, as against a profit of Rs 90.2 crore posted in the year-ago quarter. Its revenue from operations grew 17.7% to Rs 571 crore as against Rs 485 crore posted last year. Its EBITDA grew by 29% to Rs 146.1 crore as against Rs 113.3 crore posted last year. The company's margin improved to 25.6% in Q2FY22 from 23.4% posted in Q2FY21. The Board of Directors of the Company has approved the payment of an interim dividend of Rs 9 per equity share of the face value of Re 1 each, for the financial year ending December 31, 2021, which will be paid on December 08, 2021. Besides, The company has sold its non-core asset, CRISIL House situated at Andheri Kurla Road, Chakala, Andheri East, Mumbai for Rs 49 crore. 

Affle India: Up 5.63%. The consumer intelligence-driven global technology company has reported a 78% YoY rise in the consolidated profit at Rs 47.6 crore for the quarter ended September 30, 2021, as against a profit of Rs 26.8 crore posted in the year-ago quarter. Its revenue from operations grew 104% to Rs 274.7 crore as against Rs 134.9 crore posted last year. Its EBITDA grew by 51% to Rs 51.96 crore as against Rs 34.3 crore posted last year. The company's margin contracted to 18.9% in Q2FY22 from 25.4% posted in Q2FY21.

Glenmark Life Sciences: Up 4.05%. The pharmaceutical company has reported a 58.9% YoY rise in the consolidated profit at Rs 115.2 crore for the quarter ended September 30, 2021, as against a profit of Rs 72.5 crore posted in the year-ago quarter. Its revenue from operations grew by 7.9% to Rs 561.8 crore as against Rs 520.8 crore posted last year. Its EBITDA grew by 31.8% to Rs 167.4 crore as against Rs 127 crore posted last year. The margin improved to 29.8% in Q2FY22 as against 24.4% posted in Q2FY21. 

Timken India: Up 6.68%. The ball and roller bearing manufacturer has reported a 59% YoY rise in the consolidated profit of Rs 79.2 crore for the quarter ended September 30, 2021, as against a profit of Rs 49.9 crore posted in the year-ago quarter. Its revenue from operations grew by 42% to Rs 558 crore as against Rs 392 crore posted last year. Its EBITDA grew 47% to Rs 123 crore as against Rs 83 crore posted last year. The margin improved to 22.1% in Q2FY22 as against 21.4% posted in Q2FY21.

General Insurance Corporation of India: Up 4.63%. The state-owned general Insurance company has reported a 490% YoY jump in the consolidated profit at Rs 1,348.2 crore for the quarter ended September 30, 2021, as against a profit of Rs 228.4 crore posted in the year-ago quarter. Its total income grew by 11.4% to Rs 12,845.8 crore as against Rs 11,532.3 crore posted last year. Gross NPA declined to 3.28% in Q2FY22 as against 4.03% posted in Q2FY21. The Net NPA turned 0% in the period under consideration from 0.31% posted last year. 

Pidilite: Up 2.64%. The adhesives manufacturer has reported a 5.4% YoY rise in the consolidated profit at Rs 375.5 crore for the quarter ended September 30, 2021, as against a profit of Rs 356.4 crore posted in the year-ago quarter. Its revenues from operations grew 39.7% to Rs 2,626.4 crore as against Rs 1,880.3 crore posted last year. EBITDA increased by 7.2% YoY to Rs 549.6 crore as against Rs 512.6 crore posted last year. Margins were down to 20.9% in Q2FY22 from 27.3% posted in Q2FY21. Besides, the CFO Pradip Menon has resigned and will continue in the position till December 20, 2021.

MOIL Ltd.: Up 1.78%. The Miniratna state-owned manganese ore mining company has reported an 8.3x YoY rise in the consolidated profit at Rs 60.2 crore for the quarter ended September 30, 2021, as against a profit of Rs 7.3 crore posted in the year-ago quarter. Its revenue from operations grew by 1.5% to Rs 311.7 crore as against Rs 307.2 crore posted last year. Its EBITDA grew 12.3x to Rs 81.2 crore as against Rs 6.6 crore posted last year. The margin improved to 26.1% in Q2FY22 as against 2.1% posted in Q2FY21. Besides, the board of the company has also approved a proposal to buy back 3,38,42,668 (3.38 crore) equity shares of the face value of Rs 10 each at a price of Rs 205 per equity share. The buyback offer price is payable in cash for an aggregate consideration not exceeding Rs 690 crore.

Zomato: Up 1.21%. The Indian multinational restaurant aggregator and food delivery company's consolidated loss has widened to Rs 435 crore for the quarter ended September 30, 2021. The company had reported a consolidated net loss of Rs 230 crore in the year-ago period. However, its revenue grew by 140.4% to Rs 1,024.2 crore against Rs 426 crore posted last year. Its EBITDA loss also widened to Rs 535.8 crore in Q2FY22 as against an EBITDA loss of Rs 122 crore reported in Q2FY21. Besides, The company bought a 16.1% stake in Samast Technologies Pvt Ltd through compulsory convertible preference share at Rs 371.3 crore. It has also bought a 7.89% stake in BigFoot Retail Solution Pvt Ltd through compulsory convertible preference share at Rs 557.2 crore. In addition, it has plans to invest an additional $1bn over the next 1-2 years. 

Metropolis Healthcare: Down 2.48%. The company that operates a chain of pathology labs & diagnostic centres has reported a 3.5% YoY decline in consolidated profit at Rs 58.4 crore for the quarter ended September 30, 2021, as against a profit of Rs 60.5 crore posted in the year-ago quarter. Its revenues from operations grew by 5% to Rs 302 crore as against Rs 288 crore posted last year. EBITDA fell by 1.5% YoY to Rs 90.6 crore as against Rs 92.3 crore posted last year. Margins were down to 30% in Q2FY22 from 32% posted in Q2FY21.

Jamna Auto Industries: Down 3.81%. The manufacturer of Tapered Leaf and Parabolic Springs for Commercial Vehicles (CVs) in India has reported a 230.5% YoY rise in the consolidated profit at Rs 27.1 crore for the quarter ended September 30, 2021, as against a profit of Rs 8.2 crore posted in the year-ago quarter. Its revenue from operations grew by 93.4% to Rs 352 crore as against Rs 182 crore posted last year. Its EBITDA grew by 160% to Rs 44.5 crore as against Rs 17.1 crore posted last year. The margin improved to 12.6% in Q2FY22 as against 9.1% posted in Q2FY21. 

Dhampur Sugar Mills Ltd: Down 5.63%. The producer of refined sugar Dhampur Sugar has reported a 6.7% YoY decline in the consolidated profit at Rs 26.3 crore for the quarter ended September 30, 2021, as against a profit of Rs 28.2 crore posted in the year-ago quarter. Its revenue from operations dropped by 18.1% to Rs 762.6 crore as against Rs 931 crore posted last year. Its EBITDA fell by 8.4% to Rs 66.1 crore as against Rs 72.2 crore posted last year. The margin improved to 8.7% in Q2FY22 as against 7.8% posted in Q2FY21. 

Birla Corp: Down 2.60%. A flagship company of the MP Birla Group has reported a 49% YoY decline in consolidated profit at Rs 85.55 crore for the quarter ended September 30, 2021, as against a profit of Rs 166.62 crore posted in the year-ago quarter. Its revenue from operations grew by 3% to Rs 1,697 crore as against Rs 1,654 crore posted last year. Its EBITDA fell by 30% to Rs 266.42 crore as against Rs 382.79 crore posted last year. The margin contracted to 15.6% in Q2FY22 as against 23.1% posted in Q2FY21.

IPO Update: Sapphire Foods IPO + Latent View Analytics IPO 

Sapphire Foods IPO: The initial public offering (IPO) of Sapphire Foods India Limited, a franchise operator of KFC and Pizza Hut restaurants, was subscribed 1.62 times by 12:05 pm at BSE on Thursday, the third and the last day of subscription. The Qualified Institutional Buyers (QIBs) portion was subscribed 0.54 times, while the Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs) were subscribed 0.45 times and 6.59 times, respectively. Sapphire Foods has fixed the price band of the issue at Rs 1,120-1,180 per share as it seeks to raise up to Rs 2,073.25 crore through the issue. The issue will close on Thursday, November 11, 2021. Investors can bid for a minimum of 12 equity shares and in multiples of 12 shares thereafter. The maximum subscription amount for a retail investor is Rs 2 lakhs.

Latent View Analytics Limited IPO: The initial public offering (IPO) of the data analytics company Latent View that opened for subscription on Thursday was subscribed 9.53 times by 12:05 pm at BSE on the second day of bidding. The Qualified Institutional Buyers (QIBs) portion was subscribed 0.21 times, while the Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs) were subscribed 4.51 and 45.91 times, respectively. The employee portion was subscribed 1.65 times. The company has fixed the price band at Rs 190-197 per share as it seeks to raise Rs 600 crore from the initial share sale. The issue will come to a close on November 12, 2021. The bid lot size for the retail investors is 76 equity shares and in multiples thereafter, maximum up to 2 lakhs. The public issue comprises a fresh issue of up to Rs 474 crore and an Offer for Sale of up to Rs 126 crore. 

Stocks in News

Finolex Cables: Up 2.96%. Finolex Cables, India's leading electrical company has announced its entry into the room heater segment with a new range of high-performance room heaters. The heaters have multiple options such as oil-filled, quartz tube, fan blower, convector and halogen with a wattage ranging from 400W to 2500W.

Alembic Pharmaceuticals: Down 4.11%. United States Food and Drug Administration (USFDA) has conducted an inspection at Alembic Pharmaceuticals' Injectable Facility (F-3) located at Karkhadi from October 28, 2021, to November 10, 2021. The USFDA issued a Form 483 with 10 observations. None of the observations is related to data integrity and management believes that they are addressable.

NTPC: Down 1.20%. The state-owned company engaged in the generation of electricity and allied activities announced that Unit-1 (660 MW) of Barh Super Thermal Power Station Stage-I (3x660 MW) is declared on Commercial Operation w.e.f. 00:00 Hrs. of November 12, 2021. With this, the commercial capacity of NTPC and NTPC group will become 54232.5 MW and 67657.5 MW respectively.

Thyrocare: Down 1%. PharmEasy parent API Holdings files papers for Rs 6,250 crore IPO.