Kalpataru Power, Cholamandalam Investment to Realty Stocks - here are the top Buzzing Stocks today
Domestic equity markets were trading with small losses in the early noon deals of Tuesday, January 18, 2022. At 12:50 pm, the S&P BSE Sensex was trading 78.25 points or 0.13% down at 61,230.66.
Domestic equity markets were trading with small losses in the early noon deals of Tuesday, January 18, 2022. At 12:50 pm, the S&P BSE Sensex was trading 78.25 points or 0.13% down at 61,230.66. The Nifty 50 index was trading at a loss of 38.85 points or 0.21% at 18,269.25. 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
Shoppers Stop: Up 8.83%.
Kalpataru Power: Up 5.22%.
Sonata Software: Up 1.16%.
Macrotech Developers: Up 1.40%.
Devyani International: Up 3.02%.
India Nippon: Up 2.25%.
RCF: Up 4.82%.
V Mart Retail: Up 3.26%.
Infibeam Avenues: Up 12.12%.
UTI AMC: Up 1.44%.
MRPL: Up 4.75%.
Ujjivan Financial: Up 4.45%.
Graphite India: Up 1.48%.
Gujarat Ambuja: Up 4.35%.
Laxmi Machine: Up 3.37%.
Indiabulls Housing Finance: Up 1.60%.
BLS International: Up 4.86%.
Reality Stocks: On a move. Stocks like Prestige Estate – up 5.47%; Sobha – up 2.21% were trading with gains.
Logistics Stocks: On a move. Stocks like Sical Logistics – up 4.75%; Mahindra Logistics – up 1.78%, Patel Integrated – up 8.59% and Gati – up 5.51% were trading with gains.
Stocks at life highs
Prestige Estate: Up 5.38%. Meanwhile, the stock touched the life high of Rs 554.90 per share today in the intraday trade.
Polycab India: Up 0.63%. Meanwhile, the stock touched the life high of Rs 2,771.75 per share today in the intraday trade.
Greaves Cotton: Down 1.78%. Meanwhile, the stock touched the life high of Rs 251.65 per share today in the intraday trade.
Thermax: Down 5.21%. Meanwhile, the stock touched the life high of Rs 2,157.95 per share today in the intraday trade.
Gujarat Fluorochemicals: Up 0.48%. Meanwhile, the stock touched the life high of Rs 2,870 per share today in the intraday trade.
L&T: Down 1.26%. Meanwhile, the stock touched the life high of Rs 2,078.55 per share today in the intraday trade.
Losing Stocks
Apollo Hospitals: Down 6.34%.
Auto Stocks: Declining. Stocks like Eicher Motor – down 3.32%; Maruti – down 2.78%; Bajaj Auto – down 1.25%; TVS Motor – down 1.13% and Ashok Leyland – down 0.72% were trading in negative territory.
FMCG Stocks: Declining. Stocks like Tata Consumer – down 1.95%; Marico – down 1.34%; Emami – down 1.25%; Radico – down 0.95% and Dabur – down 0.91% were trading in negative territory.
IT Stocks: Declining. Stocks like Tech Mahindra – down 2.17%; Mindtree – down 1.73%; HCL Technologies – down 1.54%; Coforge – down 1.43% and Infosys – down 0.92% were trading in negative territory.
Metal Stocks: Declining. Stocks like Hindustan Copper – down 2.07%; Welspun Corp – down 1.90%; Tata Steel – down 1.04%; SAIL – down 0.93% and SAIL – down 0.93% were trading in negative territory.
PSU Banks: Declining. Stocks like J&K Bank – down 1.99%; Maharashtra Bank – down 1.66%; Bank of India – down 1.20%; Union Bank – down 0.99% and PNB – down – 0.75% were trading in negative territory.
Healthcare Stocks: Declining. Stocks like Apollo Hospital – down 7.29%; Metropolis – down 3.15%; Lal Path Labs – down 2.01%; Cadila Healthcare – down 2%; Glenmark – down 1.70%; Granules – down 1.16% and Divi’s Laboratories – down 1.04% were trading in negative territory.
Q3FY22 Earnings Impact: Tatva Chintan Pharma + Tata Steel Long + Angel One
Tatva Chintan Pharma: Down 8.01%. The company on Monday reported a 10% YoY rise in the consolidated profit at Rs 23 crore for the quarter ended December 31, 2022. It had posted a profit of Rs 21 crore in the corresponding quarter last fiscal. Its revenue from operations grew 31% YoY to Rs 105 crore compared to Rs 80 crore posted last year. The EBITDA fell 6% YoY to Rs 23 crore compared to Rs 25 crore posted last year. The company’s margin contracted to 22% in Q3FY22 compared to 32% posted in Q3FY21.
Tata Steel Long Products: Down 4.46%. The company on Monday reported a 66% YoY decline in the profit at Rs 104 crore for the quarter ended December 31, 2022. It had posted a profit of Rs 304 crore in the corresponding quarter last year. Its revenue from operations grew 23% YoY to Rs 1,677 crore compared to Rs 1,364 crore posted last year. EBITDA fell 39% to Rs 251 crore compared to Rs 409 crore posted last year. The company’s margin contracted to 15% in Q3FY22 against 39% posted in Q3FY21.
Angel One: Up 2.91%. The stoke broker company on Monday reported a 126% YoY rise in the profit at Rs 165 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 73 crore in the corresponding quarter last year. Its revenue from operations grew 94% to Rs 597 crore in the reported quarter compared to Rs 307 crore posted last year. Net Interest Income grew 128% YoY to Rs 73 crore compared to Rs 32 crore posted last year. The company has reported a 19% QoQ growth in the total client base and 20% QoQ growth in average daily turnover. Angel One's board announced a third interim dividend of Rs 7 per share.
Stocks in News
Cholamandalam Investment and Finance Company: Up 3.50%. The company on Monday said it plans to acquire a 72.12 per cent stake in fintech payment solutions provider Payswiff Technologies Private Ltd for Rs 450 crore. The company, an NBFC, is part of the Murugappa Group. Payswiff is engaged in the business of enabling online payment gateway services for e-commerce businesses and provides e-commerce solutions.
PTC Industries: Up 3.41%. The Company has announced that wholly-owned subsidiary Aerolloy Technologies Limited has been allotted 20 Hectares (50 Acres) of land next to the Brahmos facility, by UPEIDA in Lucknow node of the UP Defence Industrial Corridor. The Company intends to set up fully integrated material manufacturing capabilities of all exotic materials, including Titanium, Cobalt, and Nickle Superalloys, at this facility. The project will be developed in three phases with a total peak manufacturing capacity of 5,000 tonnes per annum.
Shipping Corporation: Down 4.05%. Falling on the news of extension of bidding deadline. The government, reportedly, has extended indefinitely the cut-off date for submission of bids for its stake in Shipping Corporation. The due date was earlier January 18.
Nazara Technologies: Down 1%. The India-based diversified gaming and sports media company today announced that it has entered an agreement to acquire a 55% stake in programmatic advertising and monetization company Datawrkz valuing the company up to Rs 225 crore (approx. USD 30M) linked to CY 22 EBITDA performance.
Tech Mahindra: Down 2.17%. The Board of Directors of the company through its wholly-owned subsidiary viz., Tech Mahindra London Limited approved the proposal to acquire 100% equity shares in Com Tec Co IT Ltd and 25% equity shares each in SWFT Technologies Ltd. and Surance Ltd. Tech Mahindra will complete these acquisitions at an expense of Rs 2,625 crore.
Alkali Metals: Up 4.99%. Societe General buys 57406 shares at Rs 129.15 per share.
NTPC: Down 0.51%LIC reduces stake to 10.76% Vs 11.02%.
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