The key equity barometers were trading with gains in noon deals of Friday, February 18, 2022. At 1:13 pm, the S&P BSE Sensex was trading with a gain of 212.95 points or 0.37% at 58,209.63. The Nifty 50 index was 70.65 points or 0.41% higher and was trading at 17,392.85. 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

Speciality Restaurant: Up 13.96%.

Everest Industries: Up 13.09%.

TCPL Packaging: Up 12.98%.

Quess Corp: Up 8.11%.

Patel Integrated: Up 4.82%.

SPIC: Up 5.33%.

Aster DM Healthcare: Up 4.17%.

Moil Ltd.: Up 4.69%.

Raymond: Up 3.34%.

Solara Active: Up 3.80%.

VRL Logistics: up 2.04%.

Ratnamani Metal: UP 2.57%.

Voltas: Up 2.82%.

Poddar Pigments: Up 2.79%.

KRBL Ltd: Up 2%.

Karur Vysya Bank: Up 2%.

Shalimar Paints: Up 2.33%.

Repco Home: Up 2.05%.

Hester Bio: Up 2.55%.

Gufic BioSciences: Up 1.97%.

Greaves Cotton: UP 1.73%.

Sharda Cropchem: UP 3.41%.

SBI Life: Up 2.60%.

Voltas: Up 2.82%.

ICICI Prudential: Up 1.56%.

Maan Aluminium: Up 1.72%.

TVS Electronics: Up 1.74%.

Varun Beverages: Up 1.86%.

Torrent Power: Up 1.94%.

Hotel Stocks: On a move. Stocks like Kamat Hotels - up 16.57%; Advani Hotels - up 6%; Royal Orchid - up 3.61%; Orient Hotels - up 3.16% and EIH Associated - up 5.21% were trading with gains.

Agri Stocks: On a move. Stocks like Shakti Pumps - up 2.95%; KSB Limited - up 1.40% and Dhanuka Agritech - up 1.13% were trading with decent gains.

Auto Ancillary Stocks: On a move. Stocks like Schaeffler India - up 4.53%; Timken India - up 3.17%; Craftsman Automation - up 3.98%; MM Forgings - up 3.17%; India Nippon Electricals - up 3.01% and Federal Mogul - up 1.76% were trading with decent gains.

Capital Goods Sector Stocks: On a move. Stocks like Thermax - up 3.64%; Siemens - up 1.56%; L&T - up 1.19%were trading with gains.

Chemical Stocks: On a move. Stocks like GFL India - up 7.95%; Atul Ltd. - up 1% ; JOCIL - up 1.21%; Chemplast Sanmar - up 1.35% and Punjab Alkali - up 1.11% were trading with decent gains.

Recent IPOs

Fino Payment Bank: Down3.66%.

GR Infraprojects: Down 3.16%.

AGS Transact: Down 1.35%.

Sapphire Foods: Down 1.79%.

Nykaa: Down 2.50%.

Paytm: Down 1.42%.

 Declining Stocks

ONGC: Down 1.95%.

Cipla: Down 2.33%.

Divi's Laboratories: Down 2.07%.

Indosolar: Down 4.30%

Surana Solar: Down 1.90%.

Cement Stocks: Falling Stocks like Shree Cement - down 1.38%; UltraTech Cement - down 1.40%; Ambuja Cement - down 4.91%; Bigbloc Construction - down 2.93%; ACC - down 1.76%; and Dalmia Bharat - down 1.79% were trading in the negative territory.

Shipping Stocks: Falling Stocks like Essar Shipping - down 2.63%; Mercator - down 3.85% and SCI - down 2.33% - were trading in the negative territory.

Q3FY22 Earnings Impact

Ambuja Cement: Down 4.91%. The cement maker Ambuja Cement on Thursday reported a 49.4% YoY decline in the standalone net profit at Rs 251.7 crore for the quarter ended December 31, 2021, compared to Rs 497 crore posted in the year-ago quarter. The company, which follows the January-December financial year, had reported a 6.3% YoY growth in its revenue from operations at Rs 3,735.1 crore compared to Rs 3,515 crore posted last year. EBITDA stood at Rs 568 crore in the reported quarter, down 26% YoY from Rs 768 crore posted last year.

Margin contracted to 15.2% in Q3FY22 against 21.8% posted in Q3FY21. Besides, the board of directors of Ambuja Cements has recommended a final dividend of Rs 6.30 per share, subject to the approval of the shareholders at the ensuing annual general meeting. The Board has also approved in principle an investment of Rs 3,500 crore for 7.0 MTPA potential cement grinding expansion across its existing grinding units at Sankrail and Farakka and greenfield grinding unit at Barh, Bihar and 3.2 MTPA Brownfield clinker expansion at its existing integrated plant in Bhatapara, Chattisgarh. In addition, the board has also approved the appointment of SRBC & Co LLP as statutory auditor of the company as Deloitte's term came to an end. Deloitte was appointed in 2017.

Stocks in News

Balmer Lawrie: Up 4.53%. The disinvestment process of Balmer Lawrie has picked up and eight all units of the company will be disinvested. According to sources, the logistics units of all eight will be disinvested first. DIPAM has a special focus on the disinvestment of the company. SBI Capital has submitted its report on disinvestment and the process of appointment of Transaction Advisor begins.

Coal India: Up 2.76%. Pramod Agarwal, Chairman, Coal India, has said that the company has set a shipment target of 67 crore tonnes in FY22. It has made a provision of Rs 100 crore per month for existing wage revision. Coal India has a push for a hike in coal prices. He added, the expected CapEx for FY23 stands at Rs 17,000 crore.

HGS (down 1%)/ NXTDIGITAL (up 10.73%): The Board of Directors of the Company has approved the Scheme of Arrangement between NXTDIGITAL Limited and Hinduja Global Solutions (HGS) Limited and their respective shareholders. It has also fixed the Entitlement Ratio Fixed for the acquisition of NXTDIGITAL Limited. 20 Equity Shares of Hinduja Global Solutions Limited of Rs 10 each fully paid up will be provided for every 63 Equity Shares of NXTDIGITAL Limited.

SBI: Up 1.26%. Union Government on Thursday nominated Sanjay Malhotra as Director on the Central Board of Directors of the largest public sector bank of India with immediate effect. Sanjay Malhotra is secretary to GOI in the Ministry of Finance, Department of Financial Services. 

Chambal Fertilizer: Down 1.17%. Promoter has offloaded 0.027% stakes of the company between February 15 and 16, 2022.  

Shakti Pumps: Up 3.13%. Promoter bought 0.07% stakes of the company between February 15 and 16, 2022.  
India Nippon Electric: Up 3.01%. Promoter bought 3.93% stakes of the company on February 15, 2022.