Indian benchmarks, S&P BSE Sensex and Nifty 50, were trading with modest losses in the noon deals of Friday, April 22, 2022. At 12:58 pm, the S&P BSE Sensex was trading 299.79 points or 0.52% lower at 57,611.89 while the Nifty 50 index was trading 99.90 points or 0.57% down at 17,292.70 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

Sterlite Technology: Up 14.29%.

Elgi Equipments: Up 8.84%.

EID Parry: Up 6.03%.

Bombay Burmah Trading Company: Up 7.91%.

Tata Elxsi: Up 3.59%.

Unichem Lab: Up 3.53%.

Edelweiss: Up 4.90%.

CEAT: Up 3.99%.

Mindtree: Up 3.85%.

SBI Cards: Up 2.68%.

AllCargo Logistics: Up 2.62%.

Schneider Electric: Up 2.88%.

L&T Finance: Up 1.07%.

Gujarat Ambuja Exports: Up 4.07%.

Shoppers Stop: Up 2.08%.

Kaveri Seed: Up 2.21%.

PG Foils: Up 2.64%.

LTI: up 1.72%.

APL Apollo Tubes: Up 1.51%.

Motilal Oswal: Up 2.88%.

ABB India: Up 2.59%.

KCP Ltd.: Up 2.38%.

Everest Industries: Up 1.60%.

NITCO: Up 2.08%.

Colgate: Up 3.21%.

Emami: Up 1.14%.

Polycab India: Up 1,78%.

Madras Fertilizers: Up 4.19%.

Coastal Corporation: Up 2.64%.

Chamanlal Setia: Up 2.92%.

Borosil Renewables: Up 11.57%.

Mirza International: Up 1.65%.

Maruti: Up 1.49%.

Inox Leisure: Up 2.42%.

PVR: Up 1.22%.

Ratnamani: Up 1.93%.

APL Apollo: Up 1.43%.

Jindal Steel (Hisar): Up 1.02%.

Bicon: Up 2.05%.

Granules: Up 1.47%.

Natco Pharma: Up 1.38%.

Aurobindo Pharma: Up 1.23%.

Lodha: Up 1.33%.

Castrol India: Up 2.34%.

MGL: Up 1.02%.

Whirlpool: Up 1.46%.  

Auto Ancillary Stocks: On a move. Stocks like PPAP Automotive - up 3.45%; Jamna Auto - up 2.80%; Auto Axles - up 1.71%; Minda Industries - up 2.33%; Sona BLW Precision - up 2.11% and Endurance Technologies - up 1.83% were trading with decent gains.
Chemical Stocks: On a move. Stocks like JOCIL - up 9.84%; Chemplast Sanmar - up 3.05%; GFL Limited - up 1.81%; Neogen Chemical - up 2.02%; Chemcon Speciality - up 1.49% and Navin Fluorine - up 1.16% were trading with decent gains.

Defence Sector Stocks: On a move. Stocks like Astra Microwave - up 4.42%; Bharat Dynamics - up 5.20% and HAL - up 1.68% were trading with decent gains.

Falling Stocks 

Infosys: Down 1.08%.
Nazara Technologies: Down 1.50%.
Grasim: Down 1.56%.
63 Moons: Down 4.99%.
Cummins India: Down 2.27%.
Balkrishna Industries: Down 1.55%.
Eicher Motor: Down 1.52%.
VRL Logistics: Down 4.79%.
Mahindra Logistics: Down 1.69%.
GATI: Down 2.86%.
Jubilant FoodWorks: Down 2.66%.
ADF Foods: Down 1.01%.
Chembond Chemicals: Down 1.92%.
Tanfac: Down 1.99%.
Balaji Amines: Down 1.84%.
United Drilling: Down 2.89%.
MRPL: Down 1.60%
GSPL: Down 1.52%.
Orient Paper: Down 2.52%
West Coast Paper: Down 2.26%.
Excel Industries: Down 2.86%.
UPL: Down 1.78%.
Tata Motors DVR: Down 1.22%.
GSPL: Down 1.47%.

BPCL: Down 1.18%.

Banking Stocks: Under pressure. Stocks like AU Small Finance Bank - down 3.07%; SBI - down 2.06%; Axis Bank - down 1.95%; IndusInd Bank - down 1.34%; Kotak Bank - down 1.22%;

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Bank of Baroda - down 1.05%; and ICICI Bank - down 1.10% were trading in the negative territory.

Financial Services Stocks: Under pressure. Stocks like ICICI Lombard - down 4.86%; HDFC Life - down 2.18%; Shriram Transport - down 2.03%; Bajaj Finserv - down 1.44% and HDFC AMC - down 1.24% were trading in the negative territory.

Metal Stocks: Under pressure. Stocks like Hindalco - down 3.49%; National Aluminium - down 2.68%; Hindustan Copper - down 1.85% and NMDC - down 1.15% were trading in the negative territory.
Pharma Stocks: Under pressure. Stocks like Gland Pharma - down 3.34%; Torrent Pharma - down 2.47%; Cipla - down 2.27%; Dr Reddy's - down 1.67% and Pfizer - down 1.17% were trading in the negative territory.

Realty Stocks: Under pressure. Stocks like DLF - down 1.99%; Prestige Estate - down 1.52% and Indiabulls Real Estate - down 1.17% were trading in the negative territory.

Fertilizer Stocks: Under pressure. Stocks like Nagarjuna Fertilisers - down 4.93%; SPIC - down 2.47% and GSFC - down 2.25% were trading in the negative territory.

Agri Stocks: Under pressure. Stocks like Rallis India - down 7.99%; Roto Pumps - down 3.75%; UPL - down 1.74% and Shakti Pumps - down 1.06% were trading in the negative territory.

Reactions to Q4FY22 Result

CRISIL: Up 3.88%. The company providing ratings, research, and risk and policy advisory services have reported a 45% YoY rise in the consolidated profit at Rs 122 crore for the quarter ended March 31, 2022, as compared to Rs 84 crore posted in the corresponding quarter of the previous financial year. Consolidated revenue from operations grew 20% YoY to Rs 595 crore compared to Rs 495 crore posted last year. EBITDA grew 38% YoY to Rs 176 crore compared to Rs 127 crore posted last year. The margin grew to 30% in Q4FY22 from 26% posted in Q4FY21. Besides, the Board of Directors of the Company has approved the payment of an Interim dividend of Rs 7 per equity share of the face value of Re 1 each, for the financial year ending December 31, 2022, which will be paid on May 19, 2022.

Cyient: Up 6.36%. Technology solutions player Cyient has reported a 17% QoQ rise in the consolidated profit at Rs 154 crore for the quarter ended March 31, 2022, as compared to Rs 132 crore posted in the previous quarter ended December 31, 2022. Revenue from operations was almost flat and stood at Rs 1,181 crore in the reported quarter as compared to a revenue of Rs 1,183 crore posted in the previous quarter. The EBIT grew 4% to Rs 169 crore as against Rs 163 crore posted in December 2021 quarter. The margin grew to 14.4% in Q4FY22 as against 13.80% posted in Q3FY22. Besides, the board of directors of the company have declared a final dividend of Rs 14 per equity share.

HCL Technologies: Up 1.06%. The IT services provider on Thursday reported a 4.4% QoQ rise in the consolidated profit at Rs 3,593 crore for the quarter ended March 31, 2022, as compared to a profit of Rs 3,442 crore posted in the previous quarter ended December 31, 2021. Revenue from operations grew 1.2% QoQ to Rs 22,597 crore as compared to Rs 22,331 crore posted in December 2021 quarter. In dollar terms, the revenue grew 0.5% to $299.3 crore as compared to $297.7 crore posted in the previous quarter. EBIT declined 3.4% to Rs 4,112 crore compared to Rs 4,257 crore posted in the previous quarter. Margin dropped to 18.2% in Q4FY22 against 19.1% posted in Q3FY22. The current tax has been reduced by Rs 270 crore and other income has gone up by Rs 62 crore. Besides, HCL Technologies has declared an interim dividend of Rs 18 per equity share of Rs 2 each with a record date of April 29, 2022. The said dividend will be paid on May 11, 2022.

ICICI Lombard: Down 5.03%. ICICI Lombard General Insurance has reported a 9.6% YoY drop in its net profit at Rs 312.5 crore for the quarter ended March 2022 as compared to Rs 345.7 crore posted a year ago due to higher expenses even as claims paid fell versus December 2021. Net premium earned in the quarter grew 26.8% YoY to Rs 3,317.8 crore as compared to Rs 2,616.22 crore posted last year. The claim ratio increased to 72% in the reported quarter compared to 71.7% last year. The expenses ratio stood at 31.5% in Q4FY22 compared to 29.8% posted in Q4FY21. The combined ratio was 103.2 in March 2022 quarter compared to 101.8% in March 2021 quarter. The solvency ratio stood at 2.46X against 2.9 X. The company has proposed a final dividend of Rs 5 per share for FY22.

Tata Communication: Down 2.97%. The telecommunications company on Thursday reported a 7.6% QoQ decline in the consolidated profit at Rs 365 crore for the quarter ended March 31, 2022, as compared to Rs 395 crore posted in the previous quarter ended December 31, 2022. Revenue from the operations grew 1.9% QoQ to Rs 4,263 crore compared to Rs 4,185 crore posted in the previous quarter. EBITDA fell 3.3% QoQ to Rs 1,046 crore compared to Rs 1,082 crore posted in December 2021 quarter. The EBITDA margin also fell to 24.5% in Q4FY22 from 25.9% posted in Q3FY22. Other income shot up from Rs 19 crore to Rs 263 crore. The company has reported an exceptional loss of Rs 21 crore.

Rallis India: Down 8.15%. The chemicals company has reported a consolidated loss of Rs 14 crore for the quarter ended March 31, 2022, compared to Rs 8 crore posted in the corresponding quarter of the previous financial year. Revenue from operations on the consolidated basis grew 8% YoY to Rs 507 crore compared to Rs 471 crore posted last year. It posted a negative EBITDA of Rs 3 crore against a positive EBITDA of Rs 18 crore. Besides, the Board has recommended a dividend of Rs 3 per share.

Sasken Technologies: Down 4.67%. The Telecommunications company has reported a 10% QoQ decline in the consolidated profit at Rs 27 crore for the quarter ended March 31, 2022, as compared to Rs 30 crore posted in the previous quarter ended December 31, 2022. Revenue from operations grew 3% QoQ to Rs 109 crore in the reported quarter as compared to Rs 106 crore posted in the previous quarter. The EBIT fell 2% to Rs 29 crore as against Rs 30 crore posted in December 2021 quarter. Margin declined to 27% in Q4FY22 as against 28% posted in Q3FY22. Besides, the board of directors of the company have declared a final dividend of Rs 13 per equity share.