Newsmakers: CreditAccess Grameen, Bank of Baroda, Aarti Industries and CDSL among top 10 stocks that moved the most today
On Monday, the Sensex corrected by over 1000 points to close at 57,621.19, the Nifty settled at 17,213.60. The domestic equity markets corrected nearly 2 per cent, closing in the red for three consecutive sessions on Monday. Here are 10 buzzing stocks to look out for:
CreditAccess Grameen: Up 11.48%
CreditAccess Grameen shares closed in the green on the NSE and BSE and were up over 11 per cent. On NSE shares ended at Rs 731 while on BSE, the shares closed at Rs 729, 11.19 per cent. Microfinance lender CreditAccess Grameen has reported a consolidated net profit of Rs 117 crore for the quarter to December 31, 2021, against a loss of Rs 79 crore in the year-ago period. Net income from interest grew 35% YoY to Rs 412 crore against Rs 304 crore posted the last tear. Source: creditaccessgrameen.in
InterGlobe Aviation: Up 9.45%
The shares closed at Rs 2,161 with a gain of 9.45 per cent as per NSE. India's biggest airline company has reported a consolidated profit of Rs 130 crore for the quarter ended December 31, 2021, against a consolidated loss of Rs 1,436 crore posted in the previous quarter ended September 30, 2021. The airline's revenue from operations grew 65.7% QoQ to Rs 9,295 crore against Rs 5,608 crore posted in the previous quarter. Source: IndiGo Twitter
Bank of Baroda: Up 6.19%
The shares of the company closed at Rs 113.15, up 6.19 per cent on the NSE. The state-owned bank reported over two-fold jump in its net profit at Rs 2,197 crore in the quarter ended December 31, 2021. Its net profit was at Rs 1,061 crore in the year-ago period. The NII grew 14% YoY to Rs 8,552 crore in the reported quarter against Rs 7,477 crore posted last year. Source: PTI
Godrej Properties: Up 3.66%
The shares of the company closed in the green at Rs 1561.70 with a gain of 3.66 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 1,561.00 with a gain of 3.59 per cent. The board has decided not to proceed with any further evaluation of a potential investment in the equity capital of the DB Realty and the Platform. The Company may however continue to explore the possibility of evaluating projects with DB Realty on a case to case basis. Source: godrejproperties.com
Gulf Oil Lubricants: Up 3.19%
The shares of the company closed in the green at Rs 482.70 with a gain of 3.19 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 482.10 with a gain of 3.15 per cent. The company's Board is scheduled to meet on February 9, 2022, to consider and approve inter-alia, the Unaudited Financial Results of the Company for the third quarter ended December 31, 2021. The Board will also consider the proposal to Buyback the fully paid-up equity shares of the Company of the face value of Rs. 2/- each. Source: gulfoilindia.com
Tata Steel: Up 0.74%
The shares of the company closed in the green at Rs 1,184.95 with a gain of 0.74 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 1182.90 with a gain of 0.57 per cent. Steel major Tata Steel has reported a 159% YoY rise in the consolidated profits at Rs 9,573 crore for the quarter ended December 31, 2021. It had posted a consolidated profit of Rs 3,697 in the corresponding quarter last year. The company's revenue from operations grew 45% YoY to Rs 60,783 crore against Rs 41,935 crore posted last year. EBITDA stood at Rs 15,893 crore, up 66% against Rs 9568 crore posted in December 2020 quarter. Margin improved to 26% in Q3FY22 against 23% posted in Q3FY21. Source: tatasteel.com
Siemens: Up 0.18%
The shares of the company closed in the green at Rs 2,427.25 with a gain of 0.18 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 2425 with a gain of 0.12 per cent. The company has reported a 6.5% YoY decline in the net profit at Rs 245 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 262 crore in the corresponding quarter last year. The automation company's revenue from operation grew 11.7% YoY to Rs 3,240 crore against Rs 2,901 crore posted last year. Source: Siemens Twitter
Aarti Industries: Down 0.42%
The shares of the company closed in the red at Rs 998.35 with a fall of 0.42 per cent as per BSE. The chemical manufacturer has reported a 367% YoY rise in the consolidated profit at Rs 772 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 165 crore in the corresponding quarter last year. The company's revenue from operations grew 100% to Rs 2,376 crore against Rs 1,187 crore posted last year. Revenue includes termination fees of Rs 631 crore. Source: aarti-industries.com
Godrej Agrovet: Down 1.96%.
The shares of the company closed in the red at Rs 510 with a fall of 1.96 per cent as per BSE. As per NSE, the shares of the company closed in red at Rs 510 with a fall of 2.01 per cent. One of the biggest players in the animal feed business in India Godrej Agrovet has reported an 8.4% YoY decline in the consolidated profit at Rs 62.4 crore for the quarter ended December 31, 2021, against a profit of Rs 68.1 crore posted in the corresponding quarter last year. Revenue from operations grew 36.2% YoY to Rs 2,078.5 crore against Rs 1,526.2 crore posted last year. Source: godrejagrovet.com
CDSL: Down 3.75%
The shares of the company closed in the red at Rs 1,515 with a fall of 3.75 per cent as per NSE. India's listed Indian central securities depository services (CDSL) and a division of SEBI has reported a 35% YoY rise in the consolidated profit at Rs 83.6 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 54 crore in the corresponding quarter last year. Total income grew 76% YoY to Rs 151 crore against Rs 86 crore posted last year. The company has opened 91 lakh Demat accounts during the Quarter. Source: cdslindia.com