Domestic stocks markets were trading half per cent lower in Monday’s noon deals. At 1:02 pm, the S&P BSE Sensex was trading 238.60 points or 0.49% lower at 48,543.76. The Nifty 50 index was trading 84.05 points or 0.57% lower at 14,547.05. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of few such stocks:

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Marico and other FMCG stocks buzzing: Marico was trading with a gain of 8.74%. 

Adani Port and Adani Enterprises on the move ahead of earnings this week. Adani Port was trading 2.34% up and Adani Enterprises bullish and trading 5.07% higher. 

Metal stocks: Rally once again. The Nifty Metal index was trading 0.94% higher. Metal stocks, like SAIL – up 4.02%, National Aluminium – up 3.63%, MOIL – up 1.21%, Tata Steel – up 1.21%, Hindalco – up 0.67% and JSW Steel – 0.17%, were trading with gain. 

Sugar stocks rally. Sugar stocks, like Dwarikesh Sugar – buzzing and trading near 20% upper circuit 18.10% higher, Dalmia Sugar- trading above 10% upper circuit 15.02% up and Balrampur Sugar – trading above 10% upper circuit at 10.38% higher, were trading beyond 10% upper circuit. 

Varun Beverages: Buzzing and trading 4.15% up after it announces earnings and Bonus issue. The key player in the beverage industry has announced its financial results for the first quarter ended March 31, 2021. PAT increased by 127.7% to Rs. 1,367.6 million in Q1 2021 from Rs. 600.6 million in Q1 2020. 

Select Pharma stocks: Doing well. Nifty Pharma index was trading 0.54% higher. Pharma stocks, like Alembic – up 9.09%, Divi’s Lab 1.49% up, 

Select Chemical stocks: Doing well. Chemical stocks, like Camlin Fine – 7.37% up, Deepak Nitrite – up 1.81%, Himadri Speciality – 1.23% up, Aarti Industries – up 1.79%, among others, were trading higher. 

AU Small Bank down again. Trading 8.08% lower. 

Earnings Reaction Counters

Reliance Industries Limited: Down 2.20% Mukesh Ambani-led Reliance Industries Ltd (RIL) has reported a 0.7% QoQ rise in profits at Rs 14,995 crore for the quarter ended March 31, 2021. It had reported a net profit of Rs 14,894 crore in the previous quarter ended December 2020.

IndusInd Bank: Down 1.52%. The private lender has reported 2.9 times to rise YoY in profit at Rs 926 crore for the quarter ended March 31, 2021, as against Rs 315 crore posted in the same quarter last year. The lender’s net interest income (NII) rose 9.3% YoY to Rs 3,535 crore as compared to Rs 3,232 crore posted last year.

Trent: Up 0.33%. The retail company has reported 5.4 times YoY rise in consolidated profit at Rs 17.4 crore for the quarter ended March 31, 2021, compared to Rs 3.2 crore posted in the same quarter of the previous financial year. 

Yes Bank: Bearish and trading 4.47% lower. The private lender had reported a 7.6% YoY rise in profit at Rs 5,240 crore for the quarter ended March 31, 2021, as against Rs 4,872 crore posted last year in the same quarter. Net interest income fell 22.5% YoY to Rs 986.67 crore from Rs 1,273.7 crore posted last year. 

Supreme Petrochem: Up 0.21% Reported 9.8 times YoY rise in profit at Rs 231.7 crore for the quarter ended March 31, 2021, as compared to Rs 23.5 crore posted in the same quarter last year. 

Laurus Labs: Bullish and trading 4.16% up. 

Natco Pharma: Up 3.12%. NATCO receives Emergency Use approval for Baricitinib tablets for Covid-19 treatment.

Ajanta Pharma: Up 1.61% Reported 23.3% YoY rise in consolidated profit at Rs 159.26 crore for the quarter ended March 2021 as against Rs 129.16 crore posted in the same quarter last year. Revenue grew 20.5% to Rs 756.84 crore in the reported quarter against Rs 628 crore posted last year.