Zomato, Airline Stocks to Latent View Analytics IPO - here are top Buzzing Stocks today

Domestic benchmarks were trading with a gain of around half a per cent in the early noon deals on Friday, November 12, 2021. At 12:26 pm, the S&P BSE Sensex was trading with a gain of 284.89 points or 0.48 per cent at 60,204.58. The Nifty 50 index was trading 93.90 points or 0.53 per cent higher at 17,967.50. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of some of such stocks that are buzzing today:

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Reopening Theme

Zomato: Up 5.93%

Jubilant FoodWorks: Up 2.68%.

Indian Hotels: up 2.19%

Chalet Hotels: Up 3.85%

Vodafone Idea: Up 2.54%.

Airline Stocks: On a move. Stocks like InterGlobe Aviation - up 7.17%; SpiceJet - up 3.62%; Global Vectra Helicorp - up 2.41% and Jet Airways - up 0.54% were trading with gains.

Earnings Reaction

Mayur Uniquoters Ltd: Up 7%. The synthetic leather manufacturer has reported a 47.5% YoY rise in the consolidated profit at Rs 29.5 crore for the quarter ended September 30, 2021, as against Rs 20 crore posted in the year-ago quarter. Its revenue from operation grew by 55.8% to Rs 196 crore as against Rs 125.8 crore posted last year. EBITDA stood at Rs 40.4 crore, up 39.8% YoY from Rs 28.9 crore posted last year. Margins contracted to 20.6% in Q2FY22 from 23% posted in Q2FY21. 

RITES Ltd: Up 3.04%. State-owned engineering services company has reported a 31.8% YoY rise in the consolidated profit at Rs 174 crore for the quarter ended September 30, 2021, against a profit of Rs 132 crore posted in the year-ago quarter. Sales grew by 71.9% to Rs 755 crore against Rs 439 crore posted last year. EBITDA stood at Rs 216 crore, up 70% YoY from Rs 127 crore of the last year. The margin was almost flat at 28.6% in Q2FY22 against 28.9% posted in Q2FY21. Besides, the board has declared an interim dividend of Rs 4 per share and fixed November 25, 2021, as the record day for the purpose. 

Astral: Up 2.32%. Plastics pipe company has reported a 62% YoY rise in the consolidated profit at Rs 143.3 crore for the quarter ended September 30, 2021, against a profit of Rs 87.9 crore posted in the year-ago quarter. Its revenue from operations grew by 54.5% YoY to Rs 1,154.1 against Rs 747.1 crore posted last year. The EBITDA stood at Rs 211.5 crore, up 47.3% YoY from Rs 143.6 crore last year. Its margin dropped to 18.3% in Q2FY22 against 19.22% posted in Q2FY21. 

Aster DM Healthcare: Up 1.97%. The healthcare provider has reported a 224% YoY rise in the consolidated profit at Rs 107 crore for the quarter ended September 30, 2021, against Rs 33 crore posted in the year-ago quarter. Its sales increased by 11.6% to Rs 2,504 crore against Rs 2,243 crore posted last year. EBITDA grew by 25.7% to Rs 342 crore against Rs 272 crore posted last year. Margin improved to 13.6% in Q2FY22 as against 12% posted in Q2FY21. 

NHPC Ltd: Up 1.25%. The state-owned hydropower development company has reported a 6.5% YoY rise in the consolidated profit at Rs 1,387 crore for the quarter ended September 30, 2021, against Rs 1,300 crore posted in the year-ago quarter. Sales grew by 1.4% YoY to Rs 2,941 crore from Rs 2,900 crore last year. EBITDA stood at Rs 1,888 crore, up 2.8% YoY from Rs 1,835 crore posted last year. The margin improved to 64% in Q2FY22 against 63% posted in Q2FY21. 

JBM Auto: Up 1.06%. Auto parts company has reported a 23% YoY rise in the consolidated profit at Rs 25.3 crore for the quarter ended September 30, 2021, against a profit of Rs 20.49 crore posted in the year-ago quarter. Its revenue from operations grew by 45% YoY to Rs 752.72 crore from Rs 517.35 crore posted last year. EBITDA stood at Rs 78.24 crore, up 28% from Rs 61.25 crore posted last year. Margin fell to 10.39% in Q2FY22 from 11.8% in Q2FY21. 

Star Paper Mills Ltd: Up 1.08%. The paper mill company has reported a 325% YoY rise in the consolidated profit at Rs 6.8 crore for the quarter ended September 30, 2021, against a profit of Rs 1.6 crore posted in the year-ago quarter. Its revenue from operations grew by 40.9% YoY to Rs 76.8 crore as against Rs 54.5 crore posted last year. EBITDA grew by 181% YoY to Rs 7.2 crore in the reported quarter as against Rs 2.6 crore posted last year. Margins improved to 9.4% in Q2FY22 from 4.7% posted in Q2FY21. 

Prestige Estate: Down 3.33%. The Bangalore-based property development company has reported a consolidated profit of Rs 93.7 crore for the quarter ended September 30, 2021, against a profit of Rs 93.8 crore posted in the year-ago quarter. Its revenue from operations fell by 31.9% YoY to Rs 1,344.5 crore against Rs 1,975 crore posted last year. EBITDA stood at Rs 391.8 crore, down 26.8% YoY from Rs 535.1 crore posted last year. The margins improved to 29.1% in Q2FY22 from 27.1% posted in Q2FY21.

Indiabulls Housing Finance: Down 2.87%. The Gurugram-based mortgage lender has reported an 11% YoY decline in its net profit at Rs 286 crore for the quarter ended September 30, 2021, as against a profit of Rs 323 crore posted in the year-ago quarter. Its revenue from operations fell by 13.5% YoY to Rs 2,232 crore against Rs 2,581 crore posted last year. Its net interest income (NII) also declined by 7% YoY to Rs 625 crore against Rs 671 crore last year. 

NMDC: Down 1.07%. Iron ore company on Thursday reported a 203% YoY rise in the consolidated profit at Rs 2,339 crore for the quarter ended September 30, 2021, against a profit of Rs 773 crore posted in the year-ago quarter. Its revenue from operations grew by 205% YoY to Rs 6,794 crore against Rs 2,230 crore posted last year. The EBITDA stood at Rs 3,113 crore, up 165% YoY from Rs 1,029 crore posted last year. Its margin remained flat at 46%.

Tata Steel: Down 1.62%. The steelmaker on Wednesday reported a 654% YoY rise in the consolidated profit at Rs 12,547 crore for the quarter ended September 30, 2021, against a profit of Rs 1,665 crore posted in the year-ago quarter. Its revenue from operations grew by 55% YoY to Rs 60,283 crore against Rs 38,940 crore posted last year. The EBITDA stood at Rs 16,457 crore, up 165% YoY from Rs 6,213 crore posted last year. Its margin improved to 27% in Q2FY22 against 16% posted in Q2FY21.  

Buzzing Stocks

Monte Carlo: Up 8.22%. 

Indian Hotels: Up 2.67%.

SPIC: Up 1.14%.

Aster DM Healthcare: Up 1.99%.

Asahi India Glass: Up 10.90%

NLC India: Up 3.09%.

Prataap Snacks: Up 4.84%.

Home First Finance Company: Up 3.21%.

ICICI Prudential: Up 4.98%.

Escorts: Up 3.08%.

Defence Stocks: On a move. Stocks like Astra Microwave - up 1.67%; HAL - up 1.51%; Bharat Forge - up 0.51%; BEL - 0.65% and Cochin Shipyard - up 0.37% were trading with gains.

Metal Stocks: On a move with Nifty Metal index trading 0.15% higher. Stocks like Ratnamani Metals - up 2.43%; Adani Enterprises - up 2.39%; Hindalco - up 1.94%; Welspun Corp - up 1.79% Vedanta - up 0.86% and National Aluminium - up 0.70% were trading with gains.

Oil & Gas Stocks: On a move with Nifty Oil & Gas index trading 0.52% higher. Stocks like OIL - up 2.61%; ONGC - up 1.17%; Hindustan Petroleum - up 1.07%; Reliance Industries - up 0.85% and Adani Total Gas - up 0.70% were trading with gains. 

Consumer Durable Stocks: On a move with Nifty Consumer Durable index trading 0.45% higher. Stocks like Havells - up 2.24%; Voltas - up 1.05%; Rajesh Exports - up 0.77%, TTK Prestige - up 0.54% and Orient Electric - up 0.54% were trading with gains.

FMCG Stocks: On a move with Nifty FMCG index trading 0.27% higher. Stocks like Procter & Gamble Hygiene - up 2.01%; UBL - up 1.34%; Emami - up 1.04%; Tata Consumer Products - up 0.98% and Britannia - up 0.91% were trading with gains.

Select IT Stocks: On a move with Nifty IT index trading 0.76% higher. Stocks like Tech Mahindra - up 2.20%; Infosys - up 1.22%; Wipro - up 1.17%; LTI - up 0.98% and HCL Technologies - up 0.76% were trading with gains.

Declining Stocks

Auto Stocks: Under pressure with Nifty Auto index trading 0.22% lower. Stocks like TVS Motors - down 2.98%; Bajaj Auto - down 2.33%; Bosch - down 0.96%; Ashok Leyland - down 0.75% and Tata Industries - down 0.48% were trading at a loss.

PSU Banks: Under pressure with Nifty PSU Bank index trading 0.89% lower. Stocks like Canara Bank - down 1.68%; Indian Bank - down 1.42%; J&K Bank - down 1.31%; Punjab & Sind Bank - down 1.13%; UCO Bank -down 1.05%; Bank of Baroda - down 0.99%; Bank of India - down 0.96% and SBI - down 0.73% were trading at a loss.

Torrent Pharma: Down 1.97%.

Listing and IPO Update:

Fino Payments Bank IPO: The shares of the company made a weak debut on the stock markets - NSE and BSE - today. It was listed at a discount of 5% at Rs 544.35 per share on the NSE as compared to its IPO issue price of Rs 577 apiece. On the BSE, Fino Payments Bank shares were listed at Rs 548 a piece. The initial public offering (IPO) was subscribed 2.03 times on Tuesday, the last day of the issue. The Qualified Institutional Buyers (QIBs) portion was subscribed 1.65 times, while the Non-Institutional Investors (NIIs) portion and Retail Individual Investors (RIIs) portions were subscribed 0.21 times and 5.92 times, respectively. The employee portion was subscribed 0.93 times. The fintech company has fixed a price band of Rs 560-577 per share as the company seeks to raise upto Rs 1,200 crore from the public offering. Retail investors were allowed to place for a minimum of 25 Equity Shares and in multiples of 25 shares thereafter.

Latent View Analytics Limited IPO: The initial public offering (IPO) of the data analytics company Latent View was subscribed 49.72 times by 12:11 pm, the third and the last day for bidding. The Qualified Institutional Buyers (QIBs) portion was subscribed 10.07 times, while the Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs) were subscribed 106.18 times and 89.23 times, respectively. The employee portion was subscribed 2.92 times. The company has fixed the price band at Rs 190-197 per share as it seeks to raise Rs 600 crore from the initial share sale. The issue will come to a close today. The bid lot size for the retail investors is 76 equity shares and in multiples thereafter, maximum up to 2 lakhs. The public issue comprises a fresh issue of up to Rs 474 crore and an Offer for Sale of up to Rs 126 crore.

Stocks in News

Solara Active Pharma: Down 6.86%. The Board of Directors of the company has approved a Composite Scheme of Amalgamation (Merger by Absorption) cum Demerger and Arrangement (the "Scheme") amongst Hydra Active Pharma Sciences Private Limited and Aurore Life Sciences Private Limited and Empyrean Lifesciences Private Limited and Solara. Further, the Board has given the authorisation to file the Scheme along with relevant disclosures, documents, certifications, and undertakings with the stock exchanges.

APL Apollo Tubes: Up 0.80%. DSP Mutual Fund acquired 14.72 lakh equity shares in the company at Rs 900 per share. Promoter Rahul Gupta sold 15.01 lakh shares at Rs 900.32 per share and promoter entity APL Infrastructure offloaded 30 lakh equity shares at Rs 900.04 per share.