Newsmakers: IRCTC, PNB, ITC, Adani Port among top 10 stocks that moved most on October 28
The Indian stock market on Thursday closed in the red with BSE Sensex falling over 1,100 points and Nifty closing below 17,900-level. The decline was mainly led by banking stocks as Nifty Bank slipped over 1,300 points below 39,550-level at the close. The BSE Sensex cracked 1,158.63 points or 1.89 percent at Rs 59,984.70; while Nifty50 plunged 353.70 points or 1.94 percent to end at Rs 17,857.25. Here is a list of 10 buzzing stocks to watch out for:
IRCTC: Up 11.74%
The shares of the Indian Railway Catering and Tourism Corporation Ltd (IRCTC) gained 96.95 points or 11.74 percent to settle the day at Rs 923.00 on NSE. While on BSE, it closed at Rs 913.75, up by 87.95 points or 10.65 percent.
IndusInd Bank: Up 2.94%
The shares of the bank closed at Rs 1175.45, up by 33.60 points or 2.94 percent on BSE. While on NSE it settled at Rs 1,172.00, up by 29.45 points or 2.58 percent. The private sector lender has reported a 73% YoY rise in the standalone profit at Rs 1,147 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 663 crore in the year-ago quarter.
Torrent Power: Down 2.01%
The shares of the company closed at Rs 490.00, down by 10.05 points or 2.01 percent on BSE. The energy and power company has reported an 83% YoY rise in the consolidated profit at Rs 367 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 201 crore in the year-ago quarter.
Titan: Down 3.68%
The shares of the company fell by 90.60 points or 3.68 percent to settle the day at Rs 2369.75 on BSE. While on NSE it closed at Rs 2,391.90, down by 68.20 points or 2.77 percent. The Tata Group company has reported a 222% YoY rise in the standalone profit at Rs 641 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 199 crore in the year-ago quarter.
ITC: Down 5.58%
The shares of the company settled the day at Rs 225.15, down by 13.30 points or 5.58 percent on NSE. While it closed at Rs 225.20, down by 13.20 points or 5.54 percent on BSE. Cigarette to hotels giant ITC Ltd has reported a 13.7% YoY rise in the standalone profit at Rs 3,697.2 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 3,252.6 crore in the year-ago quarter.
Adani Port: Down 7.67%
The shares of the company closed at Rs 688.45, down by 57.20 points or 7.67 percent on BSE. While on NSE it settled low at Rs 691.05, down by 54.80 points or 7.35 percent. India's largest private multi-port operator Adani Ports and Special Economic Zone Limited has reported a 31.4% YoY decline in the consolidated profit at Rs 951.7 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 1,387 crore in the year-ago quarter.
Punjab National Bank: Down 10.69%
The shares of the bank settled at Rs 41.35, down by 4.95 points or 10.69 percent on BSE. While on NSE it settled at Rs 41.40, down by 4.90 or 10.58 percent. The public sector lender has reported a 78% YoY rise in the standalone profit at Rs 1,105 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 621 crore in the year-ago quarter.
Tata Chemicals: Down 10.52%
The shares of the company closed at Rs 892.50, down by 104.90 points or 10.52 percent on BSE. While on NSE it settled the day at Rs 895.00, down by 102.40 points or 10.27 percent. The Mumbai-based chemical company has reported a 216% YoY rise in the consolidated profit at Rs 221 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 70 crore in the year-ago quarter.
Adani Enterprises: Down 11.15%
The shares of the company fell by 174.75 points or 11.15 percent to settle the day at Rs 1392.95 on BSE. While on NSE it closed at Rs 1,397.85, down by 168.70 or 10.77 percent. Multinational conglomerate company has reported a 41.4% YoY decline in the consolidated profit at Rs 212.4 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 362.4 crore in the year-ago quarter.
Maruti Suzuki: Up 0.28%
The shares of the company closed in green at Rs 7373.40, up by 20.90 points or 0.28 percent on BSE. While on NSE it settled the day at Rs 7,365.00, up by 8.75 points or 0.12 percent. The automobile manufacturer will launch electric vehicles in the country only after 2025 as demand for such vehicles at the moment is less and it would like to sell around 10,000 units a month whenever it enters the electric mobility space, company Chairman RC Bhargava said on Wednesday.