Zomato IPO, LTTS to BPO/KPO Stocks - here are top Buzzing Stocks today
The benchmark indices were trading at new highs in Thursdays around noon. BSE Sensex touched the fresh lifetime high of 53,253.20. It was trading 294.89 points at 53,198.94. Nifty 50 was trading 77.30 points higher at 15,931.25. Here is the list of stocks that were buzzing and in news around this time
The benchmark indices were trading at new highs in Thursday’s noon deals. The S&P BSE Sensex touched the fresh lifetime high of 53,253.20. At 1:10 pm, the S&P BSE Sensex was trading 294.89 points or 0.56% up at 53,198.94. The Nifty 50 index was trading 77.30 points or 0.49% higher at 15,931.25. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of few such stocks:
Zomato IPO: The initial public offering of the online food delivery platform Zomato was subscribed 1.28 times by 12:55 pm on the second day of subscription. The public offering will remain open for subscription till Friday, July 16, 2021. The price band of Zomato IPO is fixed at Rs 72-76 per share. The company aims to raise Rs 9,375 crore through the offer
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Earnings Impact
Infosys: Up 0.64%. The country's second-largest software services company has reported a 2.4% QoQ rise in the consolidated profit at Rs 5,201 crore for the quarter ended June 30, 2021 (Q1FY22). It had posted a profit of Rs 5,078 crore in the previous quarter ended March 31, 2021 (Q4FY21).
LTTS: Up 17.94%. Engineering services company L&T Technology Services has reported a 10.8% QoQ rise in the consolidated profit at Rs 216 crore for the quarter ended June 30, 2021 (Q1FY22). It had posted a profit of Rs 195 crore in the previous quarter ended March 31, 2021 (Q4FY21).
Tinplate: Up 4.29%. The metal can manufacturer Tinplate has reported a 22.1% QoQ rise in consolidated profit at Rs 68.6 crore for the quarter ended June 30, 2021(Q1FY22). It had posted a profit of Rs 56.2 crore in the previous quarter ended March 31, 2021 (Q4FY21).
Dodla Dairy: Down 1.74%. The leading dairy company in southern India Dodla Dairy has reported a consolidated profit of Rs 9.6 crore for the quarter ended March 31, 2021. It had posted a loss of Rs 1.9 crore in the same quarter of the previous financial year.
Hatsun Agro Products: Down 2.03%. The Chennai-based private sector dairy company Hatsun Agro has reported a 2.1% QoQ rise in the consolidated profit at Rs 58.3 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 57.1 crore in the previous quarter ended March 31, 2021.
Craftsman Automation: Down 4.07%. Engineering Services Company has reported a 49.1% QoQ decline in the consolidated profit at Rs 24.1 crore for the quarter ended June 30, 2021 (Q1FY22). It had posted a profit of Rs 47.3 crore in the previous quarter ended March 31, 2021 (Q4FY21). Besides, the Board of Directors of the Company has considered and approved the termination of the Joint Venture Agreement dated October 22, 2007, with Mitsubishi Corporation Tokyo, MC Machinery Systems Inc. USA, Mitsubishi Corporation India Private Limited India and Mitsubishi Corporation Technos Japan. The Joint Venture Agreement was entered to form a new Company namely MC Craftsman Machinery Private Limited ("MCCM") with the objective of selling Electric Discharge Machines and Laser Cutting Machines ("Products") and providing appropriate services to the users of Products in India. The Company is presently holding 10% of the paid-up share capital of MCCM.
KRBL: Down 0.31%. The Supreme Court of India vide its order dated July 13, 2021, has asked to Maintain the Status Quo on the Punjab Pollution Control Board ('Punjab PCB') order restraining the operations of its unit situated at Dhuri, Distt. Sangrur, Punjab, in compliance with the orders passed by the National Green Tribunal (NGT). The operating activity in the unit continues as usual.
Amara Raja Battery: Down 0.49%. High Court of Andhra Pradesh, at a hearing on July 12, 2021, has extended the interim suspension of said orders of APPCB by four weeks or until further orders, whichever is earlier and the next date of hearing is scheduled on July 26, 2021. The Company has been working closely with APPCB officials for a satisfactory resolution of the matter in the interest of all stakeholders.
Titan: Down 0.34%. Rakesh Jhunjhunwala has reduced his stake in Titan from 5.06% to 4.81%. The update on the shareholding pattern of June 30, 2021, was published yesterday. Rakesh Jhunjhunwala reduced his stakes in the company from 3.97% to 3.72%, but his wife Rekha Jhunjhunwala’s stake remains unchanged at 1.09%.
Asian Granito: Down 2.24%. Board approved the offer and issuance of fully paid-up equity shares of the Company for an amount not exceeding Rs 225 by way of a rights issue
Chembond Chemicals: Up 9.29%. Recently incorporated subsidiary Chembond Water Technologies has received Foreign Business License enabling it to commence business operations in Thailand.
Kolte Patil: Up 1.41%. KPDL creates a platform with Planet Smart City to develop 15,000 housing units.
SAIL: Up 1.12%. Rakesh Jhunjhunwala acquires a 1.39% (5.75 crore shares) stake in SAIL.
Buzzing Stocks
ICICI Securities: Up 2.06%.
Sequent Scientific: Up 6.15%.
CEAT: Up 0.80%.
Aptech: Up 4.91%.
BEML: Up 1.51%.
Water Base: Up 2.88%.
Apex Frozen: Up 2.50%.
Avanti Feeds Up o.53%.
Yes Bank: Up 3.07%.
PTC India Finance: Up 11.17%.
Birla Soft: Up 4.76%.
KPIT Technologies: Up 3.67%.
Cummins: Up 1.85%.
JTEKT: Up 7.89%.
Ramco System: Up 6.10%.
AU Bank: Up 3.27%.
MidCap Cement Stocks: Moving up. Stocks like Orient Cement – up 1.42%, Dalmia Bharat – up 2.11%, NCL India – up 1.88%, Shree Digvijay – up 0.57% among others were trading with gains.
BPO/KPO Stocks: Moving up. Stocks like Hinduja Global – up 5%, HOV Services – up 4.95%, Eclerx – up 2.79% and Firstsource – up 4.01% among others were trading with gains.
Dairy Stocks: Moving up. Stocks like Umang Dairies – up 3.09%, Parag Milk – up 2.20%, Heritage Foods – up 1.14% among others were trading with gains.
Stocks at Life High
Astra Micro: Up 3.63%. Meanwhile, the stock touched the life high of 187.50 earlier in the intraday trade today.
Hinduja Global: Up 5%. Meanwhile, the stock touched the life high of 2,959.55 earlier in the intraday trade today.
Happiest Minds: Up 8.98%. Meanwhile, the stock touched the life high of 1,433.95 earlier in the intraday trade today.
Tata Elxsi: Up 2.46%. Meanwhile, the stock touched the life high of 4,575 earlier in the intraday trade today.
Marico: Up 0.34%. Meanwhile, the stock touched the life high of 549.60 earlier in the intraday trade today.
CDSL: Up 4.06% Meanwhile, the stock touched the life high of 1,374.40 earlier in the intraday trade today.
Himatsingka: Meanwhile, the stock touched the life high of 239 earlier in the intraday trade today.
L&T: Up 4.16%. Meanwhile, the stock touched the life high of 1,625 earlier in the intraday trade today.
L&T Technology: Up 17.94%. Meanwhile, the stock touched the life high of 3,435 earlier in the intraday trade today.
L&T Infotech: Up 6.50%. Meanwhile, the stock touched the life high of 4,499.95 earlier in the intraday trade today.
JSW Energy: Up 4.79%. Meanwhile, the stock touched the life high of 184.40 earlier in the intraday trade today.
Cyient: Up 11.67%. Meanwhile, the stock touched the life high of 995.30 earlier in the intraday trade today.
Vardhman Textile: Up 2.51%. Meanwhile, the stock touched the life high of 1,660 earlier in the intraday trade today.
Zensar Technologies: Up 6.11%. Meanwhile, the stock touched the life high of 365 earlier in the intraday trade today.
Sonata Software: Up 4.82%. Meanwhile, the stock touched the life high of 813.45 earlier in the intraday trade today.
Triveni Tribune: Up 6.42%. Meanwhile, the stock touched the life high of 134.90 earlier in the intraday trade today.
Gujarat Fluorochemicals: Up 4.43%. Meanwhile, the stock touched the life high of 1,485 earlier in the intraday trade today.
Inox Wind: Up 9.96%. Meanwhile, the stock touched the life high of 112.15 earlier in the intraday trade today.
CAMS: Up 0.73%. Meanwhile, the stock touched the life high of up 3,740.65 earlier in the intraday trade today.
Spencers Retail: Up 8.99%. Meanwhile, the stock touched the life high of 99.30 earlier in the intraday trade today.
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