Newsmakers: PB Fintech, Greaves Cotton, TCS and Wipro among top 10 stocks that moved the most today
The Indian markets ended in the green for the 5th consecutive session on Thursday. Domestic equity benchmarks Nifty and the S&P BSE Sensex closed above crucial support of 18, 200 and 61,200. The broader Nifty closed above 18,250 and 30 share Sensex settled above 61,200 and the indices bounced nack in the last hour after trading falt in the afternoon session.
Here is a list of 10 buzzing stocks to watch out for:
PB Fintech: Up 5.53%
The shares of PB Fintech closed in the green at Rs 919.90 on NSE with a gain of 5.53 per cent. Meanwhile, shares of the company closed at Rs 918.30 with a gain of 5.23 per cent. Paisabazaar.com, India’s largest digital marketplace for consumer credit, has announced that it has reached an annualised loan disbursal rate of $ 110 crore (excluding credit card issuance). In December 2021, the fintech disbursed Rs 695 crore of loans, which included unsecured loans like personal and business loans and secured loans like Home Loans and Loan Against Property. The company provides access to credit across 668 cities. Source: pbfintech.in
Greaves Cotton: Up 3.60%
The shares of the company closed in the green at Rs 228.90 with a gain of 3.60 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 227.50 with a gain of 3.08 per cent. On Wednesday, Greaves Cotton fell 6.14% to Rs 223.05 after a recent steep rally. Shares of Greaves Cotton surged 53.82% in the past five sessions. In the past one year, the stock has surged 129.43% while the benchmark Sensex has added 23.44% during the same period. Source: greavescotton.com
Nazara Technologies: Up 3.04%
The shares of the company closed in the green at Rs 2,375 with a gain of 3.04 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 2370.60 with a gain of 2.77 per cent. NODWIN Gaming, South Asia’s leading esports company and a material subsidiary of Nazara Technologies Limited has added one more feather to its cap by acquiring comic, pop culture and superheroes merchandising retailer — Planet Superheroes. Source: nazara.com
InterGlobe Aviation: Up 2.55%
The shares of the company closed in the green at Rs 2,142.20 with a gain of 2.55 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 2138.60 with a gain of 2.32 per cent. IndiGo on Sunday said it will cancel around 20 per cent of its flights because of the surge in Covid cases driven by the Omicron variant and waive change fees till March 31 in response to customer needs. Source: IndiGo Twitter
Ramkrishna Forgings: Up 1.66%
The shares of the company closed in the green at Rs 997.60 with a gain of 1.66 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 995.90 with a gain of 1.51 per cent. Wins Export order worth Rs 575 Million from North America for the supply of Spindle.” Source: ramkrishnaforgings.com
Dr Lal Path Labs: Up 1.23%
The shares of the company closed in the green at Rs 3,718 with a gain of 1.23 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 3706.05 with a gain of 0.90 per cent. LIC buys a 1.12% stake in the company in the December quarter. Source: Dr Lal Pathlabs Twitter
TCS: Up 1.05%
The shares of the company closed in the green at Rs 3897.65 with a gain of 1.05 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 3,898 with a gain of 0.99 per cent. The largest IT company in India Tata Consulting Services (TCS) on Wednesday reported a 1.5% QoQ rise in the consolidated profit at Rs 9,769 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 9,624 crore in the previous quarter ended September 30, 2021. Its revenue from operations grew 4.3% QoQ to Rs 48,885 crore in the reported quarter compared to Rs 46,867 crore posted in the September quarter. Source: TCS Twitter
Tata Motors: Down 1.04%
The shares of the company closed in the green at Rs 512.55 with a gain of 1.04 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 511.95 with a gain of 0.96 per cent. The company has posted its Q3FY22 JLR retail sales update and said that the retail sales for the quarter ending December 31, 2021, were 80,126 vehicles, down 13.6% (12.6k units) from the preceding quarter ending 30 September 2021 and 37.6% (48.3k units) from the quarter a year ago ending December 31, 2020. Retail sales declined 1.2% YoY to 4,20,856 units of JLR. Besides, sales of Range Rover dropped 34.5% in the reported quarter to 65,719 vehicles. Source: Reuters
Infosys: Up 1.03%
The shares of the company closed in the green at Rs 1897 with a gain of 1.03 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 1,895.30 with a gain of 0.95 per cent. IT major Infosys on Wednesday reported a 7.2% QoQ rise in its consolidated profit at Rs 5,809 crore for the quarter ended December 31, 2022. It had posted a profit of Rs 5,421 crore in the previous quarter ended September 30, 2021. Its revenue from operations grew 7.7% QoQ to Rs 31,867 crore in Q3FY22 compared to Rs 29,602 crore posted in the previous quarter. Source: PTI
Wipro: Down 5.97%
The shares of the company closed in the red at Rs 650.05 with a fall of 5.97 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 649.85 with a fall of 6 per cent. IT major Wipro on Wednesday reported a 1.3% QoQ rise in its consolidated profit at Rs 2,969 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 2,930 crore in the previous quarter ended September 30, 2021. Its revenue from operations grew 3.3% QoQ to Rs 20,314 crore in the reported quarter compared to Rs 19,667 crore posted in Q2FY22. Source: Wipro Twitter