Newsmakers: Mirza International, Hinduja Global, Marico and Vedanta among top 10 stocks that moved most on January 4

Mirza International: Up 17.31 %

The shares of the company closed in the green at Rs 148.75 with a gain of 16.94 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 148.75 with a gain of 17.31 per cent.  Promoter buys 1 lakh shares. Source: mirza.co.in

 

Hinduja Global: Up 10.06%

The shares of the company closed in the green at Rs 3,645 with a gain of 10.06 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 3636.50 with a gain of 9.96 per cent.  The Board of Directors of the Company will meet on January 6, 2022, to consider and approve the declaration of interim dividend, if any, for the financial year 2021-22, and proposal for declaration of Bonus Issue of Equity Shares.  Source: hgs.cx

 

Wockhardt Ltd.: Up 6.28%

The shares of the company closed in the green at Rs 438.30 with a gain of 6.28 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 437.75 with a gain of 6.03 per cent.  The Board of Directors of the Company will meet on January 6, 2022, to consider and approve various fund-raising options for the Company, as the Board may deem appropriate. Source: wockhardt.com

 

RailTel: Up 2.09%

The shares of the company closed in the green at Rs 119.50 with a gain of 2.09 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 119.35 with a gain of 1.96 per cent.  The Board of Directors of the Company is scheduled to meet on Monday, January 10, 2022, to consider the declaration of Interim Dividend, if any, for the Financial Year 2021-22. The Company has fixed Friday, January 21, 2022, as 'Record Date' for the purpose of determining the eligibility of Members entitled to receive the Interim Dividend for the FY 2021-22. Source: RailTel Twitter

 

Ajmera Realty: Up 1.96%

The shares of the company closed in the green at Rs 305 with a gain of 1.96 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 305 with a gain of 1.87 per cent.  Premium Realty Developer Ajmera Realty & Infra India ltd. has recently executed a development agreement to undertake a redevelopment project of Fairyland Co-operative Housing Society, located at an elite location of Juhu in Mumbai. Funded through a mix of debt and equity, this project is estimated to accrue a sales value of Rs 150 crores. The 10,520 sq ft plot will act as an enabler to the growth of quality housing and will comprise 15 flats in a single tower with a total saleable area of approximately 30,000 sq ft. This real estate project will primarily focus on residential apartments of 3 & 4 BHK flats. Source: aril.co.in 

 

Maruti Suzuki: Up 1.51%

The shares of the company closed in the green at Rs 7632.90 with a gain of 1.51 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 7,615 with a gain of 1.21 per cent.  The carmaker has announced its December production number and said total production stood at 1.52 lakh units in December 2021, down 1.9% from 1.55 lakh units produced in December 2020. Total passenger vehicle production stood at 1.48 lakh units down 3.1% YoY from 1.53 lakh units. Total Mini+ Compact Sub Segment production stood at 1.06 lakh units down 6.1% YoY from 1.12 lakh units. Total Passenger Cars production stood at 1.079 lakh units down 5.7%. Besides, creating another new record, Maruti Suzuki India Limited on Monday announced that it has exported 205,450 vehicles in CY 2021. This is the highest ever export figure in any calendar year by the Company.  Source: Reuters

 

SCI: Up 1.39%

The shares of the company closed in the green at Rs 141.85 with a gain of 1.39 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 141.85 with a gain of 1.18 per cent.  The stock is buzzing after Zee Business exclusively reported that the divestment process of the Shipping Corporation of India (SCI) will gain momentum. Sources aware of the development informed Zee Business that the Cabinet Secretary will have a discussion next step that will be required for divestment of SCI. DIPAM has plans to complete the divestment process of the company soon. According to the sources, the non-core assets will be demerged and put into a new company, which will be listed separately. Financial bidders will bid for the core business. DIPAM has sent a proposal related to the disinvestment of SCI to MCA.  Source: shipindia.com

 

Karnataka Bank: Up 0.32%

The shares of the company closed in the green at Rs 63.10 with a gain of 0.32 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 63.05 with a gain of 0.16 per cent.  In its quarterly update of Q3FY22, the bank has reported a 5% YoY and 2% QoQ rise in the loan book. Deposits grew by 6.3% YoY and 2% QoQ. The Bank’s CASA grew by 31.31% YoY against 30.08% posted in the same period last year. Source: Karnataka Bank Twitter

 

Marico: Down 2.17%

The shares of the company closed in the red at Rs 502.95 with a fall of 2.17 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 502.15 with a fall of 2.31 per cent. Marico in its quarterly update for Q3FY22 has said that the quarter was characterised by slowing consumption patterns which affected the sector as a whole. This was mainly due to continuing inflation impacting overall disposable incomes as well as rising mobility unleashing some degree of pent-up demand for discretionary goods, services, and out-of-home consumption. Rural demand was also sluggish, albeit optical to an extent, given the high base. Revenue growth in the quarter was in double digits, while volumes were flat, owing to the weaker consumption sentiment and a strong base. Source: marico.com

 

Vedanta: Down 5.19%

The shares of the company closed in the red at Rs 335.25 with a fall of 5.19 per cent as per BSE. As per NSE, the shares of the company closed in red at Rs 335.70 with a fall of 5.12 per cent. The company has announced its Q3FY22 production performance update and said the cast metal aluminium production at our smelters stood at 5,79,000 tonnes in Q3FY22, higher 16% in comparison to Q3FY21 and 2% as compared to Q2FY22. The Lanjigarh refinery produced 472,000 tonnes of alumina in Q3 FY22, 16% higher as compared to Q3 FY21 and 8% lower as compared to Q2 FY22. The iron ore production at Karnataka was 1.2 million tonnes, lower by 14% as compared to Q3FY21 and 4% as compared to Q2FY22 due to impact on operations because of heavy rainfall in Q3FY22. Iron ore sales at Goa few 90% YoY and 42% QoQ. Source: vedantalimited.com