Schneider Electric, Speciality Restaurants to Cummins - here are the top Buzzing Stocks today
Domestic equity barometers were trading near day's low in the noon deals of Friday, February 11, 2022. Pic: Pixabay
Domestic equity barometers were trading near day's low in the noon deals of Friday, February 11, 2022. At 1:09 pm, the S&P BSE Sensex was trading at a loss of 703.01 points or 1.19% at 58,223.02 while the Nifty 50 index was 213.05 points or 1.21% lower and was trading at 17,392.80. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of some of such stocks:
Buzzing Stocks
- Schneider Electric: Up 14.55%.
- NLC India: Up 2.26%.
- JSW Energy: Up 5%.
- Laurus Labs: Up 3.66%.
- Aegis Logistics: Up 2.25%.
- VIP Clothing: Up 4.83%.
- Dollar Industries: Up 2.27%.
- KIMS: Up 3.55%.
- Varun Beverages: Up 3.83%.
- Waterbase: Up 2.14%.
- RCF: Up 3.67%.
- Zuari Agro: Up 2%.
- SPIC: Up 1.80%.
- RHI Magnesita: Up 11.50%. Meanwhile, the stock hit the life high at Rs 476.95 per share earlier in the intraday trade today.
- Chemical Stocks: On a move. Stocks like Punjab Alkali - up 4.54%; Jubilant Industries - up 2.93%; Ineos Styrolution - up 2.79%; Meghmani Finechem - up 2.11% and Manali Petrochemicals - up 1.15% were trading with decent gains.
- Aviation Stocks: On a move. Stocks like Global Vectra - up 1.90%; Jet Airways - up 1.46% and IndiGo - up 1.22% were trading with gains.
Declining Stocks
- Jubilant FoodWorks: Down 2.93%
- Zydus Wellness: Down 3.95%.
- GE Power: Down 5.88%.
- Balkrishna Industries Limited: Down 3.47%.
- Titan: Down 2%.
- Thermax: Down 2.57%.
- L&T: Down 2.03%.
- Hindalco: Down 0.33%. Meanwhile, the stock hit the life high at Rs 553.85 per share earlier in the intraday trade today.
- Consumer Durable Stocks: Falling with stocks like Havells India - down 3.43%; Voltas - down 3.13%; Dixon Technologies - down 1.90%; TTK Prestige - down 2,87%; Blue Star - down 1.35% and PG Electroplast - down 1.15% were trading in the negative territory.
- Defence Stocks: Falling with stocks like Walchandnagar Industries - down 2.11%; Bharat Dynamics - down 2.06%; Astra Microwave - down 1.77% and BHEL - down 1.23% were trading in the negative territory.
- Diagnostics Stocks: Falling with stocks like Dr Lal PathLabs - down 3.23%; Metropolis - down 3.28% and Fortis Health - down 1.55% were trading in the negative territory.
- FMCG Stocks: Falling with stocks like Godrej Consumer - down 3.16%; Jubilant FoodWorks - down 2.62%; Britannia - down 2.31%; Nestle - down 2.59%; Marico - down 1.61% and Godrej Agrovet - down 1.38% were trading in the negative territory.
- Fertilizer Stocks: Falling with stocks like Nagarjuna Fertilizers - down 5.09%; Deepak Fertilizers - down 4.29%; Chambal Fertilizers - down 2.76%; Madras Fertilizers - down 2.18% and FACT - down 1.12% were trading in the negative territory.
- Housing Finance Stocks: Falling with stocks like Indiabulls Housing Finance - down 2.17%; Poonawala Fincorp - down 2.24%; Home First Finance - down 2.04%; PNB Housing Finance - down 1.97% and Repco Home - down 1.72% were trading in the negative territory.
- NBFC Stocks: Falling with stocks like CreditAccess Grameen - down 1.43%; Piramal Enterprises - down 2.79%; Manappuram Finance - down 2.30%; Shriram City Union - down 1.18%; Spandana Sphoorty - down 2.24% and Muthoot Finance - down 2.16% were trading in the negative territory.
- Paper Stocks: Falling with stocks like West Coast Paper - down 4.57%; Malu Paper - down 2.11%; Andhra Paper - down 2.62%; Ruchira Papers - down 1.86% and JK Paper - down 1.67% were trading in the negative territory.
- Pharma Stocks: Falling with stocks like Solara Active Pharma - down 17.46%; Neuland Laboratories - down 6.69%; Orchid Pharma - down 5%; Astec Life - down 2.84%; Panacea Biotech - down 2.04%; Cadila Health - down 2.24% and Jubilant Ingrevia - down 1.87% were trading in the negative territory.
- IT Stocks: Falling with stocks like LTI - down 4.04%; Coforge - down 3.59%; Mindtree - down 3.44%; LTTS - down 2.97%; Mphasis - down 2.92%; Infosys - down 2.76% and Tech Mahindra - down 2.46% were trading in the negative territory.
- Metal Stocks: Falling with stocks like Welspun Corp - down 5.03%; Ratnamani - down 3.82%; National Aluminium - down 1.51%; APL Apollo - down 1.06% and Hindustan Copper - down 1.05% were trading in the negative territory.
- Auto Stocks: Falling with stocks like Ashok Leyland - down 2.02%; Eicher Motor - down 1.80%; Tata Motors - down 1.32% and M&M - down 0.95% were trading in the negative territory.
- Auto Ancillary Stocks: Falling with stocks like Rane (Madras) - down 4.21%; Bharat Seats - down 4.90%; Minda Industries - down 3.79%; LG Balakrishnan - down 2.58%; JTKET India - down 2.54%; Motherson Sumi - down 2.11% and Craftsman Automation - down 2.32% were trading in the negative territory.
- Banking Stocks: Falling with stocks like AU Small Finance Bank - down 2.83%; RBL Bank - down 1.84%; Kotak Bank - down 1.58%; SBI - down 1.42% and ICICI Bank - down 1.34% were trading in the negative territory.
- Broking Houses Stocks: Falling with stocks like Edelweiss - down 3.23%; Angel One - down 3.21%; Religare Enterprises - down 2.67%; Geojit Financial - down 2.43%; and Motilal Oswal Financial - down 1.69% were trading in the negative territory.
- Cement Stocks: Falling with stocks like Ultratech Cement - down 1.68%; KCP Ltd. - down 6.35%; Everest Industries - down 4.37%; Grasim - down 2.99%; India Cements - down 3.03%; HIL Ltd - down 2.27%; JK Cement - down 2.67% and JK Lakshmi Cement - down 2.64% were trading in the negative territory.
Recent IPOs
- PB Fintech: Down 8.19%.
- GR Infraprojects: Down 5.70%.
- Nykaa: Down 3.79%.
- Go Fashion India: Down 2.28%.
- Latent View: Down 2.08%.
- AGS Transact: Down 1.75%.
- Medplus Health: Down 2.35%.
- CMS Info System: Down 1.90%.
- MapmyIndia: Down 1.85%.
Q3FY22 Earnings Impact
- Speciality Restaurants Ltd: Up 14.73%. The Indian restaurant company that owns multiple chains of fine and casual dining restaurants has reported a consolidated profit of Rs 11.2 crore for the quarter ended December 31, 2021, against a consolidated loss of Rs 3.7 crore posted in the corresponding quarter last year. Revenue from operations grew 56.7% YoY to Rs 89 crore against Rs 56.8 crore posted last year. EBITDA stood at Rs 23.9 crore, up 3.9 times against Rs 6.1 crore posted last year. The margins improved to 26.8% in Q3FY22 against 10.7% posted in Q3FY21.
- Cummins India: Up 2.08%. The company that designs, manufactures, distributes and services diesel and alternative fuel engines have reported a 3.8% YoY rise in the consolidated profit at Rs 249.5 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 240.3 crore in the corresponding quarter last fiscal. The company's revenue from operations grew 21.8% YoY to Rs 1,743.7 crore against Rs 1,431 crore posted last year. EBITDA stood at Rs 272.5 crore, up 12.6% from Rs 242.1 crore posted last year. The margins fell to 15.6% in Q3FY22 against 16.9% posted in Q3FY21. Besides, the board has recommended an interim dividend of Rs 8 per share.
- India Cement: Down 3.03%. The cement manufacturer has reported a 94.7% YoY decline in the standalone net profit at Rs 3.3 crore for the quarter ended December 32, 2021, against Rs 62 crore posted in the corresponding quarter last year. Revenue declined 4.48% YoY to Rs 1,108 crore in the quarter under consideration against Rs 1,160 crore posted last year. EBITDA declined to Rs 104 crore, down 51.6% from Rs 215 crore posted last year. The margin has contracted to 9.4% in Q3FY22 against Rs 62 crore posted last year.
- Tata Chemicals: Down 2.54%. The chemicals company has reported an 87% YoY rise in the consolidated profit at Rs 301 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 161 crore in the corresponding quarter of the last fiscal. The company's revenue from operations grew 21% to Rs 3,142 crore against Rs 2,606 crore posted last year. EBITDA stood at Rs 546 crore, up 16% YoY from Rs 472 crore posted last year. The margin fell marginally to 17.4% in Q3FY22 from 18.11% posted in Q3FY21. The company in a statement said the increase is mainly due to higher Soda Ash Volumes and the better realisations from the market. Globally, demand remained firm across segments viz Glass, Detergent and Chemicals, as all sectors of the economy opened. Demand reached pre-pandemic levels.
- SJVN Ltd: Down 2.83%. The state-owned hydroelectric power generation company has reported a 19.2% YoY rise in the consolidated profit at Rs 235.5 crore for the quarter ended December 31, 2021, against Rs 197.6 crore posted in the year-ago quarter. Revenue from operations grew 11.2% YoY to Rs 549.1 crore against Rs 493.9 crore posted last year. EBITDA stood at Rs 383.4 crore, up 17.5% YoY from Rs 326.3 crore posted last year. The margin has improved to 69.8% in Q3FY22 from 66% posted in Q3FY21. Besides, the board of directors has approved an interim dividend of Rs 1.15 per equity share (of face value Rs 10 each) for 2021-22 and fixed February 22, 2022, as the record date for the purpose.
- Titagarh Wagons Ltd.: Down 1.87%. The railway company has reported a consolidated profit of Rs 1.5 crore for the quarter ended December 31, 2021, against a consolidated loss of Rs 81 lakhs the company incurred in the corresponding quarter last year. Revenue from operation grew 7.4% YoY to Rs 482.6 crore against Rs 449.4 crore posted last year. EBITDA stood at Rs 38.3 crore, up 47.9% from Rs 25.9 crore posted last year. The margins have improved to 7.9% in Q3FY22 against 5.8% posted in Q3FY21.
- Zomato Ltd: Down 5.61%. The Indian online restaurant guide and food ordering platform have narrowed its consolidated losses to Rs 67.2 crore for the quarter ended December 31, 2021, against a loss of Rs 351.3 crore posted in the corresponding quarter last year. Revenue from operations grew 82.5% YoY to Rs 1,112 crore in the reported quarter against Rs 609.4 crore posted last year. EBITDA loss stood at Rs 489 crore against an EBITDA loss of Rs 110.7 crore posted last year. The company has reported an exceptional profit of Rs 315.8 crore against an exceptional loss of Rs 233 crore posted last year. Adjusted EBITDA loss stands at Rs 270 crore against a loss of Rs 310 crore posted in the previous quarter. Besides, the company in a statement said, "We are in the process of setting up our own non-banking financial company (NBFC) which will allow us to extend short term credit to our ecosystem – our delivery partners, customers and restaurant partners.
- MTAR Technologies: Down 2.66%. The precision engineering solutions company has reported a 51% YoY rise in the consolidated profit at Rs 13.3 crore for the quarter ended December 31, 2021, against Rs 8.8 crore posted in the year-ago quarter. Its revenue from operations grew 41.8% YoY to Rs 78 crore against Rs 55 crore posted last year. EBITDA stood at Rs 22.7 crore, up 32% from Rs 17.2 crore posted last year. The margin dropped to 29.10% in Q3FY22 against 31.27% posted in Q3FY21.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
Written By: Jitesh Kumar Jha
Edited By: Prashant V. Singh
Updated: Fri, Feb 11, 2022
01:42 PM IST
01:42 PM IST
ZeeBiz WebDesk
RELATED NEWS