Domestic equity barometers were trading near the day's high minor gains in the early noon deals of Wednesday, February 9, 2022. At 12:36 pm, the S&P BSE Sensex was trading with a gain of 478.12 points or 0.83% at 58,286.70. The Nifty 50 index was trading 146.60 points or 0.85% higher at 17,413.35. 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

Adani Wilmar: Up 19.44%.
SEMAC: Up 6.49%.
Coastal Corp: Up 4.79%.
Zuari Agro: Up 13.40%.
SBI Cards: Up 4.06%.

MCX: Up 1.64%. Indian Commodity Exchange Limited (ICEX) will be shutting its commodity business and has applied for it with the Securities and Exchange Board of India (SEBI). The market regulator had said that the exchange will be “kept in abeyance” for a year in accordance with rules. Zee Business’ Tarun Sharma has this exclusive report. Of all the commodity exchanges in India, steel contracts were being traded only on the ICEX. Both the BSE and MCX were planning to launch the contracts and with its discontinuance, the steel contracts are likely to shift to the two exchanges. The news is positive for MCX.

Private Banks: On a move. Stocks like Federal Bank - up 3.03%; IndusInd Bank - up 2.94% and HDFC Bank - up 1.78% were trading with decent gains.

PSU Stocks: On a move. Stocks like Coal India - up 5.25%; NALCO - up 3.19% and MMTC - up 3.78% were trading with gains.

IT Stocks: On a move. Stocks like L&T Technology Services - up 4.66%; Coforge - up 3.44%; Mindtree - up 2.71%; HCL Technologies - up 2.23%; Larsen & Toubro Infotech - up 2.17% and Tech Mahindra - up 1.62% were trading with gains.

Realty Stocks: On a move. Stocks like Oberoi Realty - up 2.95%; Phoenix Mills - up 2.13% and DLF - up 1.13% were trading with gains.

Auto Stocks: On a move. Stocks like Maruti Suzuki - up 3.61%; Bajaj Auto - up 2.81%; Ashok Leyland - up 2.20%; Hero MotoCorp - up 2.17%; Tata Motors - up 1.97% and M&M - up 1.12% were trading with gains.

Consumer Durable Stocks: On a move. Stocks like Dixon technologies - up 2.65%; Havells - up 2.20% and Titan - up 1.57% were trading with decent gains.

Metal Stocks: On a move. Stocks like Coal India - up 5.25%; NALCO - up 3.19%; Hindalco - up 2.06%; APL Apollo - up 1.97%; Welspun Corp - up 1.96% and Hindustan Zinc -up 1,42% were trading with decent gains.

Pharma Stocks: On a move. Stocks like Gland Pharma - up 3.09%; Cipla - up 1.79%; Glenmark - 1.36%; Divi's Laboratories - up 1.19% and Natco Pharma - up 1.05% were trading with gains.

Paper Stocks: On a move. Stocks like JK Paper - up 3.30%; West Coast Paper - up 3.55%; Star Paper - up 2.01%; Ruchira Paper - up 8.70%; Tamil Nadu Newsprint - up 5.35% were trading with gains.

Declining Stocks

Stovekraft: Down 11.94%.
Tasty Bites: Down 4.18%.
Godrej Consumer: Down 2.36%.
Bharat Seats: Down 2.35%.
Thermax: Down 2.13%.
NITCO: Down 2.45%.
Amber Enterprises: Down 2.26%.
Grindwell Norton: Down 4.03%.
Greaves Cotton: Down 2.35%.
Chemical Stocks: Losing. Stocks like Balaji Amines - down 3.27%; JOCIL - down 2.31%; Anupam Rasayan - down 1.18% and IG Petrochemicals - down 1.27% were trading in negative territory.
Cement Stocks: Losing. Stocks like Anjani Portland - down 4.49%; JK Lakshmi Cement - down 3.52% and HeidelbergCement - down 1.77% were trading in negative territory.
PSU Bank Stocks: Losing. Stocks like Bank of Baroda - down 2.33%; Canara Bank - down 1% and J&K Bank - down 0.97% were trading in negative territory.

Reactions on Q3FY22 Earnings

BSE Ltd.: Up 6.81%. Leading stock exchange BSE has reported an 87.7% YoY jump in consolidated profit at Rs 61 crore for the quarter ended December 31, 2021. It had posted a net profit of Rs 32.5 crore in the same quarter of the preceding fiscal. Revenue from operations grew 59.9% YoY to Rs 193 crore against Rs 121 crore posted last year. EBITDA stood at Rs 57.5 crore, up 1,816.7% YoY from Rs 3 crore posted last year. The margin improved to 29.8% in Q3FY22 against 2.5% posted in Q3FY21. Besides, the board has approved bonus at the ratio of 2:1, i.e., 2 Equity Shares for every 1 Equity Shares held. 

JK Paper: Up 3.30%. One of the leading paper manufacturing companies in India JK Paper has reported a 132.3% YoY rise in the consolidated profit at Rs 151 crore for the quarter ended December 31, 2021, against Rs 65 crore posted in the corresponding quarter last year. Revenue from operations grew 37.4% YoY to Rs 1,024 crore against Rs 745 crore posted last year. EBITDA stood at Rs 252 crore, up 61.5% YoY from Rs 156 crore posted last year. The margin improved to 24.6% in Q3FY22 against 20.9% posted in Q3FY21. Besides, the board has approved raising up to Rs 100 crore via NCDs.

Aster DM Healthcare: Up 2.74%. The healthcare company has reported a 61% YoY rise in the consolidated profit at Rs 148.34 crore for the quarter ended December 31, 2021, against a profit of Rs 92.42 crore posted in the corresponding quarter last year. Revenue from operations grew 18.9% YoY to Rs 2,649.56 crore against Rs 2,227.61 crore posted last year. EBITDA stood at Rs 397.06 crore, up 21% YoY from Rs 327.93 crore posted last year. The margin grew to 14.99% in Q3FY22 against 14.72% posted in Q3FY21. 

AstraZeneca: Up 1.13%. The pharmaceutical and biotechnology company has reported a 46% YoY decline in the consolidated profit at Rs 11.41 crore for the quarter ended December 31, 2021, against a profit of Rs 21.05 crore posted in the corresponding quarter last year. Revenue from operations rose marginally by 0.1% YoY to Rs 200.52 crore against Rs 200.25 crore posted last year. EBITDA stood at Rs 14.65 crore, down 52% YoY from Rs 30.74 crore posted last year. The margin contracted to 7.31% in Q3FY22 against 15.35% posted in Q3FY21. 

Redington (India) Ltd.: Up 1.38%. The company has reported a 94.4% YoY rise in the consolidated profit at Rs 397 crore for the quarter ended December 31, 2021, against Rs 204.2 crore posted in the corresponding quarter last year. Revenue from operations fell 2.2% YoY to Rs 16,600.7 crore against Rs 16,980.8 crore posted last year. EBITDA stood at Rs 525.25 crore, up 23.85% from Rs 424.1 crore posted last year. Margins grew to 3.2% in Q3FY22 against 2.5% posted in Q3FY21.

IRCTC: Up 1.41%. State-owned Indian Railway Catering and Tourism Corporation (IRCTC) has reported a 167.4% YoY rise in the profits at Rs 208.8 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 78.1 crore in the corresponding quarter last year. Revenue from operations grew 141.2% YoY to Rs 540.2 crore against Rs 224 crore posted last year. EBITDA grew 194.8% YoY to Rs 279.2 crore against Rs 94.7 crore posted last year. Margins grew to 51.7% in Q3FY22 against 42.3% posted in Q3FY21. Besides, the company also declared an interim dividend of Rs 2 per share on equity shares for the financial year 2021-22. It has fixed February 18, 2022, as the record date for payment of interim dividend.

Bharti Airtel: Up 1.03%. The telecom major has reported a 26.8% QoQ decline in the consolidated profit at Rs 830 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 1,134 crore posted in the previous quarter ended September 30, 2021. Revenue from operations grew 5.4% QoQ to Rs 29,867 crore against Rs 28,326 crore posted in the September 2021 quarter. EBITDA stood at Rs 14,703 crore, up 6.5% from Rs 13,819 crore posted in the previous quarter. The EBITDA margin grew marginally to 49.2% in Q3FY22 against 48.8% posted in Q2FY22. Airtel's average revenue per user (ARPU) was Rs 163 for the third quarter, up from Rs 153 in the previous quarter. The company has reported an exceptional gain of Rs 722 crore last quarter. The full impact of the revised mobile tariffs will be visible in the fourth quarter. Enterprise, Homes and Africa business continue to deliver strong, with a steady increase in contribution to the overall mix of the portfolio. 

Indraprastha Gas: Down 1.12%. The natural gas distribution company Indraprastha Gas (IGL) has reported a 23% QoQ decline in the standalone profit at Rs 308.5 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 400.5 crore in the previous quarter ended September 30, 2021. Revenue from operations grew 21% QoQ to Rs 2,215.5 crore against Rs 1,831.2 crore posted in September 2021 quarter. EBITDA dropped by 11.4% QoQ to Rs 469.6 crore against Rs 530.2 crore posted in the previous quarter. Margins down to 21.2% in Q3FY22 from 29% posted in Q2FY22. Total volumes grew 22% YoY to 7.66 mmscmd against 6.26 mmscmd. CNG volumes up 26% YoY and PNG up 14% YoY.

Mahanagar Gas: Down 3.54%. Natural gas distribution company Mahanagar Gas (MGL) has reported a 72.2% QoQ decline in profits at Rs 56.8 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 204.3 crore in the previous quarter ended September 30, 2021. Revenue from operation grew 23.8% QoQ to Rs 1,027.8 crore against Rs 830.1 crore posted in the previous quarter. EBITDA down 65.8% to Rs 103.1 crore in the reported quarter against Rs 301.8 crore posted in the September 2021 quarter. Margins down to 10% in Q3FY22 against 36.4% posted in Q2FY22. 

JSPL: Down 1.74%. New Delhi-based Indian steel and energy company Jindal Steel and Power Limited (JSPL) has reported a 28% YoY decline in the consolidated profit at Rs 1,617 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 2,255 crore posted in the corresponding quarter last year. Revenue from operations grew 35% YoY to Rs 12,525 crore against Rs 9,281 crore posted last year. EBITDA stood at Rs 3,310 crore, down 16% YoY from Rs 3,923 crore posted in December 2020 quarter. MARGIN contracted to 26% in Q3FY22 against 42% posted in Q3FY21. 

Ajmera Realty: Down 5%. The company has reported a 23% YoY rise in the consolidated profit at Rs 9.71 crore for the quarter ended December 31, 2021, against a profit of Rs 7.9 crore posted in the corresponding quarter last year. Revenue from operations fell 42.8% YoY to Rs 69.07 crore against Rs 120.72 crore posted last year. EBITDA stood at Rs 19.99 crore, down 33% YoY from Rs 29.98 crore posted last year. The margin grew to 28.94% in Q3FY22 against 24.83% posted in Q3FY21. 

EID Parry: Down 1.41%. The company has reported a 114% YoY rise in the consolidated profit at Rs 227.86 crore for the quarter ended December 31, 2021, against a profit of Rs 106.58 crore posted in the corresponding quarter last year. Revenue from operations grew 38.9% YoY to Rs 6,528.65 crore against Rs 4,701.19 crore posted last year. EBITDA stood at Rs 613.42 crore, up 9% YoY from Rs 565.16 crore posted last year. 

Endurance Technologies Ltd: Down 6.23%. One of the leading automotive component manufacturers Endurance Technologies has reported a 50.2% YoY decline in the consolidated profit at Rs 94.7 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 190.7 crore in the corresponding quarter last year. Revenue from operations fell 7.4% YoY to Rs 1,889 crore against Rs 2,040.9 crore posted last year. EBITDA stood at Rs 203.2 crore, down 42.3% from Rs 352.2 crore. The margin contracted to 10.8% in Q3FY22 from 17.3% posted in Q3FY21.