Indian stock benchmarks were trading near the day's high in the noon deals of Thursday, April 28, 2022. At 1:06 pm, the S&P BSE Sensex was trading with a gain of 717.91 points or 1.26% at 57.537.30 while the Nifty 50 index was 198.35 points or 1.16% up and was trading at 17,236.75. 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

  • UPL: Up 2.89%.
  • MRPL: Up 5.83%.
  • Coromandel International: Up 3.32%.
  • Vijaya Diagnostics: Up2.89%.
  • Zuari Agro: Up 4.81%.
  • Apex Frozen: Up 1.04%.
  • Rupa & Company: Up 2.73%.
  • KIMS: Up 3.27%.
  • Godrej Agrovet: Up 9.18%.
  • Roto Pumps: Up 5.62%.
  • Dhanuka Agritech: Up 1.29%.
  • SML Isuzu: Up 1.07%.
  • IndiGo: Up 2.61%.
  • JM Financial: Up 12.76%.
  • EIH Associated: Up 2.29%.
  • Royal Orchid: Up 2.41%.
  • AB Capital: Up 1.82%.
  • GAIL: Up 1.48%.
  • Reliance Industries: Up 1.75%.
  • AU Small Finance Bank: Up 2.44%.
  • L&T: Up 2.89%.
  • Thermax: Up 2.24%.
  • Asian Granito: Up 3.04%.
  • Mangalam Cement: Up 3%.
  • Anjani Portland Cement: Up 2.52%.
  • Sudarshan Chemicals: Up 3.04%.
  • Dynemic Products: Up 2.32%.
  • Minda Industries: Up 2.80%.
  • Lodha: Up 2.53%.
  • Sunteck Realty: Up 2.24%.
  • JSW Steel: Up 1.55%.
  • APL Apollo: Up 1.01%.
  • Infosys: Up 1.93%.
  • Eicher Motor: Up 1.01%.

Tata Consumer: Up 1.45%. LIC bought 1.36 lakh shares of the company on April 26, 2022. With this, LIC's stake has increased to 5.008% in Tata Consumer.  
Chemical Stocks: On a move. Stocks like Manali Petrochemicals - up 5.18%; Laxmi Organics - up 2.98%; GHCL - up 1.92%; Deepak Nitrite - up 1.63%; Camlin Fine Sciences - up 4.10% and Balaji Amines - up 1.79% were trading with decent gains.

Oil & Gas Stocks: On a move. Stocks like Reliance Industries - up 2.10%; Aegis Logistics - up 1.87%; GAIL - up 1.45% and Castrol India - up 0.95% were trading with decent gains.
 

Consumer Durable Stocks: On a move. Stocks like TTK Prestige - up 8.91%; Rajesh Exports - up 3.06%; Crompton Greaves - up 2.42%; Relaxo - up 1.96%; Havells - up 1.24% and Voltas - up 1% were trading with decent gains.

Healthcare Stocks: On a move. Stocks like Zydus Life - up 2.03%; Torrent Pharma - up 1.65%; Syngene - up 1.43%; Natco Pharma - up 1.17% and Laurus Laboratories - up 1.36% were trading with decent gains.

FMCG Stocks: On a move. Stocks like Varun Beverages - up 4.33%; Hindustan Unilever - up 3.90%; UBL - up 1.96%; Colgate - up 1.38%; Nestle India - up 1.28% and Dabur - up 1.23% were trading with decent gains. Indonesia, the world's top palm oil producer, will continue with the ban on the exports of palm oil. The ban is set to begin from today, i.e. Thursday, April 28, 2022. The country will ban exports of refined, bleached and deodorized (RBD) palm oil.

Financial Services Stocks: On a move. Stocks like ICICI General Insurance - up 2.42%; HDFC Life - up 1.85%; SBI Life - up 1.79%; SBI Card - up 1.51% and ICICI Prudential - up 1.37% were trading with decent gains.

Falling Stocks

  • Kajaria Ceramics: Down 1.89%.
  • UTI AMC: Down 3.37%.
  • Atul Auto: Down 2.25%.
  • Force Motors: Down 2.38%.
  • Indiabulls Real Estate: Down 3.08%.
  • Bombay Dyeing: Down 2.68%.
  • GMDC: Down 3.22%.
  • IIFL Finance: Down 3.88%.
  • Religare Enterprises: Down 2.79%.
  • Edelweiss: Down 1.39%.
  • KPIT Technologies: Down 3%.
  • Greaves Cotton: Down 2.03%.
  • La Opala: Down 4.24%.
  • Borosil Renewables: Down 1.93%.
  • VIP Clothing: Down 2.57%.
  • Gujarat Gas: Down 2.04%.
  • Lal Path Labs: Down 3.43%.
  • Abbot India: Down 1.40%.
  • Biocon: Down 1.02%.
  • Mindtree: Down 1.42%.
  • Mphasis: Down 1.70%.
  • Bajaj Finance: Down 1.36%.
  • Piramal Enterprises: Down 2.11%.
  • Balkrishna Industries: Down 1.43%.
  • Metal Stocks: Under pressure. Stocks like Hindustan Copper - down 1.71%; Hindalco - down 1.45%; NALCO - down 1.15%; Jindal Steel (Hisar) - down 1.04% and Vedanta - down 1.07% were trading in the negative territory.
  • Realty Stocks: Under pressure. Stocks like Indiabulls Real Estate - down 3.03%; Prestige Estate - down 1.44%; Brigade Enterprises - down 1.30% and Oberoi Realty - down 1.24% were trading in the negative territory.

Reactions to Q4FY22 RESULTS  

Varun Beverages: Up 4.33%. The FMCG company today reported a 96.9% YoY rise in the consolidated profit at Rs 254 crore for the quarter ended March 31, 2022, compared to Rs 129 crore posted in the corresponding quarter last year. Revenue from operations grew 26.1% YoY to Rs 2,827 crore compared to Rs 2,241 crore posted last year. EBITDA grew 38.7% YoY to Rs 530 crore compared to Rs 382 crore posted last year. The margin grew to 18.7% in Q4FY22 against 17% posted in Q4FY21.
HUL: Up 3.90%. The fast-moving consumer goods (FMCG) company on Wednesday reported an 8.6% YoY rise in the consolidated profit at Rs 2,327 crore for the quarter ended March 31, 2022, compared to Rs 2,143 crore posted in the corresponding quarter last year. Revenue from operations grew 11% YoY to Rs 13,462 crore compared to Rs 12,132 crore posted last year. EBITDA grew 9.7% YoY to Rs 3,245 crore compared to Rs 2,957 crore posted in March 2021 quarter. The Margins stood at 24.2% in Q4FY22 compared to 24.4% posted in Q4FY21.. Besides, the board has recommended a dividend of Rs 19 per share.
Bajaj Auto: Down 1.43%. The Pune-based two-wheeler manufacturer has reported a 10.3% YoY rise in the standalone profit at Rs 1,469 crore for the quarter ended March 31, 2022, compared to Rs 1,332 crore posted in the corresponding quarter last year. Revenue from operations fell 7.2% to Rs 7,974.8 crore compared to Rs 8,596 crore posted last year. EBITDA fell 10.4% YoY to Rs 1,365.6 crore compared to Rs 1,524 crore posted last year. The margin dropped to 17.1% in Q4FY22 compared to 17.7% posted in Q4FY22. The company has reported an exceptional gain of Rs 315 crore.
Persistent Systems: Up 3.63%. The technology services company Persistent Services has reported a 14.2% QoQ rise in the consolidated profit at Rs 201 crore for the quarter ended March 31, 2022, compared to Rs 176 crore posted in the previous quarter ended December 31, 2021. Revenue from operations grew 9.9% QoQ to Rs 1,638 crore compared to Rs 1,491 crore posted in the previous quarter. In dollar terms, the revenue grew 9.1% to $21.73 crore compared to Rs 19.91 crore posted in December 2021 quarter. EBIT rose by 10.8% QoQ to Rs 230 crore compared to Rs 207.5 crore posted in the previous quarter. The margin stood at 14% in Q4FY22 against 13.9% posted in Q3FY22. The board has recommended a final dividend of Rs 11 per share for the financial year ended March 31, 2022. The attrition rate stood at 26.6% vs 26.9% (QoQ).
Indian Hotels: Up 4.31%. Tata Group hospitality firm Indian Hotels had reported a consolidated profit of Rs 74.2 crore for the quarter ended March 31, 2022, compared to a consolidated loss of Rs 91.3 crore posted in the corresponding quarter last year. Revenue from operations grew 41.8% YoY to Rs 872.1 crore compared to Rs 615 crore posted last year. EBITDA grew 124% to Rs 159 crore compared to Rs 71 crore posted last year. Margins improved to 18.2% in Q4FY22 compared to 11.5% posted in Q4FY21. Besides, the board has recommended a dividend of Rs 0.40 per share.
IEX: Down 2.65%. The Indian electronic system based power trading exchange has reported a 43.7% YoY rise in the consolidated profit at Rs 88.4 crore for the quarter ended March 31, 2022, compared to Rs 61.5 crore posted in the corresponding quarter last year. Revenue from operation grew 19.5% to Rs 112.1 crore compared to Rs 93.8 crore posted last year. EBITDA grew 22.5% to Rs 94.9 crore against Rs 77.5 crore posted last year. Margins improved to 84.7% in Q4FY22 compared to 82.6% posted in Q4FY21. The company said that the share of profit of associates stood at Rs 1.44 crore and its exceptional gain stood at Rs 6 crore. Besides, the board has recommended a final dividend of Re 1 per share.
Chennai Petroleum Corporation Ltd: Up 7.29%. The petroleum refineries company has reported a 4.3 times QoQ rise in the standalone profit at Rs 994.4 crore for the quarter ended March 31, 2022, compared to Rs 228.8 crore posted in the previous quarter ended December 31, 2022. revenue from operations grew 68.2% QoQ to Rs 16,713.6 crore compared to Rs 9,939.3 crore posted in the previous quarter. EBITDA grew 189.6% QoQ to Rs 1,581.1 crore in the reported quarter compared to Rs 546 crore posted in December 2021 quarter. Margins improved to 9.5% in Q4FY22 against 5.5% posted in Q4FY21. The average gross refining margin (GRM) for January-March 2022 period was $14.18 per barrel. Besides, the board has recommended a dividend of Rs 2 per share.
Hatsun Agro Product Ltd: Down 4.17%. The company has reported a 55.9% YoY decline in net profit at Rs 25.2 crore for the quarter ended March 31, 2022, compared to Rs 57.1 crore posted in the corresponding quarter last year. Revenue from operations grew 4% YoY to Rs 1,626.3 crore compared to Rs 1,563 crore posted last year. EBITDA fell 18.5% YoY to Rs 159 crore compared to Rs 195.2 crore posted last year. The margins declined 9.8% in Q4FY22 against 12.5% posted in Q4FY21. =
Mahindra Lifespace Developers Ltd: Up 1.81%. The real estate and infrastructure development company has reported a consolidated profit of Rs 137.7 crore for the quarter ended March 31, 2022, compared to a consolidated loss of Rs 27.8 crore posted in the corresponding quarter last year. Revenue from operations grew 2.9 times YoY to Rs 161.8 crore compared to Rs 56 crore posted last year. EBITDA loss stood at Rs 35.7 crore compared to an EBITDA loss of Rs 37.1 crore posted last year. The company has reported an exceptional profit of Rs 96.84 crore in the reported quarter as well a deferred tax of Rs 65.24 crore. Besides, the board has recommended a dividend of Rs 2 per share.