Newsmakers: Solara Active, Coal India, Tata Motors and APL Apollo among top 10 stocks that moved the most on January 3
Buoyed by buying interest from FIIs and mixed auto sales numbers, the domestic equity market closed the first session of 2022 on a high note. Equity benchmarks Sensex and the Nifty surged more than 1.5% to close at 59,200 and 17,625.70, respectively. The benchmarks gained 271.65 points and 929.40 points at the closing. Here is a list of 10 buzzing stocks to watch out for:
Solara Active: Up 7.45%
The shares of the company closed in the green at Rs 1,095 with a gain of 7.45 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 1090.15 with a gain of 6.90 per cent. Solara Active Pharma Sciences is one of the gainers in the BSE's 'A' group today, 03 January 2022. The stock was the second-biggest gainer in the 'A' group. Source: solara.co.in
SML Isuzu: Up 7.31%
The shares of the company closed in the green at Rs 681.55 with a gain of 7.31 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 680.10 with a gain of 6.97 per cent. The company has reported that it sold 701 units of vehicles in December 2021, which is a 38% YoY rise from 509 units sold in December 2020. Source: smlisuzu.com
Coal India: Up 6.37%
The shares of the company closed in the green at Rs 155.35 with a gain of 6.37 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 155.30 with a gain of 6.33 per cent. State-owned coal mining and refining corporation said that its production increased by 3.25% YoY in December 2021 at 60.2 MT against 58.3 MT produced in December 2020. Source: Coal India Twitter
Edelweiss Financial Services: Up 5.42%
The shares of the company closed in the green at Rs 75.90 with a gain of 5.42 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 75.45 with a gain of 4.94 per cent. The company has raised over Rs 4,500 million through the Public Issuance of NCDs. Source: edelweissfin.com
Tata Motors: Up 3.13%
The shares of the company closed in the green at Rs 497.45 with a gain of 3.13 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 496.80 with a gain of 4.99 per cent. Tata Motors has announced its sales in the domestic and international market for December 2021 and reported that it sold 35,299 units of passenger vehicles in the reported month, which is a 50% YoY jump compared to 23,545 units sold in the corresponding December 2020. The electric vehicle (EV) segment has crossed the 2,000 monthly sales landmark for the first time in December 2021. It sold 2,255 units of EVs in the month against 418 units sold in December 2020. Consequently, EV penetration touched 5.6% of PV Sales during the quarter versus 1.8% in the same period of the last financial year. EV sales also touched 10,000 units in 9MFY22 and crossed 2,000 monthly sales landmarks for the first time in December 2021 (2,255 units). Source: Reuters
Zomato: Up 2.84%
The shares of the company closed in the green at Rs 141.35 with a gain of 2.84 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 141.15 with a gain of 2.73 per cent. There was a surge in home delivery of food on the occasion of the New Year. Over 20 lakh plus orders were made on online food delivery platforms like Zomato and Swiggy on December 31, 2021 (Each platform had 20 lakh+ orders). Source: Zomato Twitter
L&T Technology Services: UP 2.35%
The shares of the company closed in the green at Rs 5730.75 with a gain of 2.35 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 5,729 with a gain of 2.32 per cent. The Board of Directors of the Company is scheduled to meet on Tuesday, January 18, 2022, to consider and approve the Unaudited Standalone and Consolidated Financial Statements for the quarter and nine months ended December 31, 2021, along with the Limited Review Report thereon. Source: ltts.com
UPL Ltd: Up 2.34%
The shares of the company closed in the green at Rs 764.50 with a gain of 2.34 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 764 with a gain of 2.26 per cent. The global leader of crop protection products and sustainable agricultural solutions today announced that it has raised the second tranche of USD700 Million sustainability linked loan (SSL) on December 31, 2021, with a reduction of interest cost by 35bps and an opportunity for a further reduction of 5bps on achievement of sustainability indicators agreed with the banks. The first tranche of USD750 million was raised in March and April 2021. Of the USD1.45 billion, the debt maturity for USD1.25 billion gets extended by two years to FY 2026 (against FY2024 earlier). The SLL also provides complete pre-payment flexibility. Source: upl-ltd.com
UPL Ltd: Up 2.34%
The shares of the company closed in the green at Rs 764.50 with a gain of 2.34 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 764 with a gain of 2.26 per cent. The global leader of crop protection products and sustainable agricultural solutions today announced that it has raised the second tranche of USD700 Million sustainability linked loan (SSL) on December 31, 2021, with a reduction of interest cost by 35bps and an opportunity for a further reduction of 5bps on achievement of sustainability indicators agreed with the banks. The first tranche of USD750 million was raised in March and April 2021. Of the USD1.45 billion, the debt maturity for USD1.25 billion gets extended by two years to FY 2026 (against FY2024 earlier). The SLL also provides complete pre-payment flexibility. Source: upl-ltd.com
Maruti Suzuki: Up 1.39%
The shares of the company closed in the green at Rs 7,529.95 with a gain of 1.39 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 7519.70 with a gain of 1.25 per cent. India's largest passenger carmaker Maruti Suzuki India Limited today reported a 4.4 per cent year-on-year decline in total sales at 1,53,149 units in December 2021 as against 1,60,226 units sold in December 2020. Source: Reuters
Maruti Suzuki: Up 1.39%
The shares of the company closed in the green at Rs 7,529.95 with a gain of 1.39 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 7519.70 with a gain of 1.25 per cent. India's largest passenger carmaker Maruti Suzuki India Limited today reported a 4.4 per cent year-on-year decline in total sales at 1,53,149 units in December 2021 as against 1,60,226 units sold in December 2020. Source: Reuters
APL Apollo: Down 4.93%
The shares of the company closed in the red at Rs 950.50 with a fall of 4.93 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 949.20 with a fall of 5.06 per cent. The company in its business update for Q3FY22 said that sale volume declined to 4,02,729 tonnes on a quarterly basis as channel de-stocking took place in anticipation of a fall in steel prices. Construction activity was under pressure due to excess monsoon. Source: aplapollo.com
APL Apollo: Down 4.93%
The shares of the company closed in the red at Rs 950.50 with a fall of 4.93 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 949.20 with a fall of 5.06 per cent. The company in its business update for Q3FY22 said that sale volume declined to 4,02,729 tonnes on a quarterly basis as channel de-stocking took place in anticipation of a fall in steel prices. Construction activity was under pressure due to excess monsoon. Source: aplapollo.com