Newsmakers: Cheviot, GMR Infrastructure, RBL Bank and Avenue Supermarts among top 10 stocks that moved most on January 10

ZeeBiz WebTeam | Jan 10, 2022, 04:37 PM IST

The Indian markets on Monday extended their winning streak to second consecutive days as domestic equity benchmarks gained 1 per cent each on Monday. Headline indices Nifty 50 breached 18,000 mark, while the S&P BSE Sensex added over 650 points to close at 18,009.50 and 60,395.63 respectively. Here is a list of 10 buzzing stocks to watch out for:

1/10

Cheviot: Up 5.80%

The shares of the company closed in the green at Rs 1430.10 with a gain of 5.80 per cent as per BSE. The company’s buyback up to 2,50,000 equity shares, representing 3.99% of the total paid-up equity capital of the company, at Rs 1,725 per share will remain open from January 10, 2022, to January 21, 2022. Source: groupcheviot.net

2/10

GMR Infrastructure: Up 5.78%

The shares of the company closed in the green at Rs 48.50 with a gain of 5.78 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 48.40 with a gain of 5.68 per cent. All existing F&O contracts with expiry dates January 27, 2022, February 24, 2022, and March 31, 2022, will expire on January 10, 2022. The F&O contracts will expire on January 10, 2022, due to adjustments in the stocks. However, the new F&O contracts will be issued on January 11, 2022. Source: gmrgroup.in

3/10

RBL Bank: Up 4.52%

The shares of the company closed in the green at Rs 141.20 with a gain of 4.52 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 140.90 with a gain of 4.18 per cent. The private lender has announced a strategic collaboration to fuel the Bank's customer experience strategy and expand its value proposition to serve its rapidly growing customer base through its digital platform, Abacus 2.0. Source: RBL Bank Twitter

4/10

Anand Rathi Wealth: Up 3.62%

The shares of the company closed in the green at Rs 641.90 with a gain of 3.62 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 631.05 with a gain of 2 per cent. The mandatory lock-in period of 30 days for anchor investors ended today. Source: Anand Rathi Twitter

5/10

Lupin: Up 2.58%

The shares of the company closed in the green at Rs 939.70 with a gain of 2.58 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 939.50 with a gain of 2.57 per cent. LIC has increased its stake in the company from 7.86% to 8.39%. ICICI Prudential Life has reduced its stake below 1%. Its stake stood at 1.11% in Q2FY22. Source: Reuters

6/10

IndiGo: Up 2.25%

The shares of the company closed in the green at Rs 2051.10 with a gain of 2.25 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 2,050.15 with a gain of 2.23 per cent. Budget carrier Indigo on Sunday said that it will waive change fees for all new and existing bookings made up to 3 January, for flights up to 31 March. It has also announced the withdrawal of 20 per cent of its scheduled flights due to reduced demand. Source: IndiGo Twitter

7/10

Alembic Pharma: Up 2.03%

The shares of the company closed in the green at Rs 823 with a gain of 2.03 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 823 with a gain of 2.01 per cent. The company has received USFDA tentative approval for Dronedarone Tablets USP 400 mg. These tablets have an estimated market size of US$ 500 million for 12 months ending September 2021 according to IQVIA. Source: alembicpharmaceuticals.com

8/10

Anupam Rasayan: Up 0.99%

The shares of the company closed in the green at Rs 1,035.90 with a gain of 0.99 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 1033.05 with a gain of 0.71 per cent. It has signed a Letter of Intent (LOI) worth $95 million (Rs 700 crores as per the current exchange rate) with one of the top ten multinational crop protection companies for supplying a new life science-related active ingredient. Source: anupamrasayan.com

9/10

TCS: Up 0.79%

The shares of the company closed in the green at Rs 3,884 with a gain of 0.79 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 3879.35 with a gain of 0.64 per cent. The Board of Directors of the company in its meet to be held on January 12, 2022, will consider the proposal for buyback of equity shares of the Company, along with the declaration of the Q3FY22 results. Source: TCS Twitter

10/10

Avenue Supermarts: Down 2.04%

The shares of the company closed in the red at Rs 4,635 with a fall of 2.04 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 4633.05 with a fall of 2.07 per cent. Hypermarket chain operator Avenue Supermarts on Saturday reported a 24.7% YoY rise in the standalone profit at Rs 586 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 470 crore in the corresponding quarter of the previous financial year. Its revenue grew 22% to Rs 9,065 crore as against Rs 7,433 crore posted last year. EBITDA stood at Rs 862 crore, up 25.6% from Rs 692 crore posted last year. Margin stood at 9.6% in Q3FY22 against 9.3% posted in Q3FY21. General merchandise and apparel business is consistently seeing relatively lesser sales contribution while essentials and FMCG are doing better. Source: dmart.com

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