Newsmakers: Tata Elxsi, DCM Shriram Limited, Jubilant Foodworks and LTTS among top 10 stocks that moved the most on January 19

ZeeBiz WebTeam | Jan 19, 2022, 04:34 PM IST

The Indian markets on Wednesday slipped nearly 1 per cent for second consecutive day amid negative global cues and FIIs selling pressure. The broader Nifty gave up to 18,000, while the Sensex shed over 600 points on Wednesday. Here is a list of 10 buzzing stocks to watch out for:

 

1/10

Tata Elxsi: Up 9.58%

 Tata Elxsi: Up 9.58%

The shares of the company closed in the green at Rs 6980.65 with a gain of 9.58 per cent as per BSE.  The design and technology services provider has reported a 121% QoQ rise in the consolidated profit at Rs 151 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 125 crore in the previous quarter ended September 30, 2021. The company’s revenue from operations grew 7% YoY to Rs 635 crore as against Rs 595 crore posted in the previous quarter. EBIT grew 16% to Rs 196 crore as against Rs 170 crore posted in September 2021 quarter. The margin improved to 31% in Q3FY22 as against 28.5% posted in Q2FY22. Source: tataelxsi.com

 

2/10

DCM Shriram Limited: Up 7.10%

DCM Shriram Limited: Up 7.10%

The shares of the company closed in the green at Rs 1085 with a gain of 7.10 per cent as per BSE. The chemical manufacturer has reported a 38% YoY rise in the consolidated profit at Rs 350 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 253 crore in the corresponding quarter last fiscal. Its consolidated revenue grew 29% YoY to Rs 2,791 crore compared to Rs 2,159 crore. EBITDA grew 46% YoY to Rs 599 crore as against Rs 404 crore posted last year. The margin grew to 21% inQ3FY22 as against 18.71% posted in Q3FY21. Source: dcmshriram.com

 

3/10

Shalimar Paints: Up 5.30%

 Shalimar Paints: Up 5.30%

The shares of the company closed in the green at Rs 140 with a gain of 5.30 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 141.35 with a gain of 4.90 per cent. Hella Infra Market Private Limited, the parent company of Infra.Market has announced its proposal to invest an amount of Rs 270 crores through a combination of equity and debentures in Shalimar Paints Limited, subject to shareholders' and necessary regulatory approvals. SPL is a professionally managed company, a pioneer in the Indian Paints industry with a brand legacy of over 120 years. Source: shalimarpaints.com

 

4/10

Raymond: Up 3.81%

Raymond: Up 3.81%

The shares of the company closed in the green at Rs 762.40   with a gain of 3.81 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 758.90 with a gain of 3.21 per cent. 'Ten X Realty Limited', the step-down wholly-owned subsidiary of the Company, has signed a binding term sheet for the joint redevelopment of a residential project in the western suburban district of Mumbai. The project is estimated to have, in aggregate, a revenue potential of around Rs 2,000 crore for the next 5 years. This is in line with the Company's growth plan to expand its Realty horizons beyond Thane. Source: raymond.in

 

5/10

Tata Motors: Up 1.92%

Tata Motors: Up 1.92%

The shares of the company closed in the green at Rs 520.75 with a gain of 1.92 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 520.60  with a gain of 1.92 per cent. Ace investor Rakesh Jhunjhunwala has increased his stakes in the company from 1.11% to 1.18%. Besides, Tata Motors will hike prices marginally for its passenger vehicles with effect from today as the company passes on some input costs to customers. An average increase of 0.9% will be implemented, depending on the variant and model. In addition, the company will also launch CNG models of Tata Tiago, Tigor today. Source: Reuters

 

6/10

Alok Industries: Up 0.78%

 Alok Industries: Up 0.78%

The shares of the company closed in the green at Rs 32.30  with a gain of 0.78 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 32.25 with a gain of 0.62 per cent. The textile company’s net loss has narrowed to Rs 0.09 crore in the quarter ended December 31, 2021, as against a loss of Rs 35 crore posted in the corresponding quarter of last fiscal. Revenue from operations grew 77% to Rs 2,130 crore in the reported quarter as against Rs 1,202 crore posted last year. EBITDA grew 45% to Rs 199 crore as against Rs 137 crore posted last year. However, its margin contracted to 9.3% in Q3FY22 as against 11.4% posted in Q3FY21. Source: alokind.in

 

7/10

Jubilant Foodworks: Down 1.11%

Jubilant Foodworks: Down 1.11%

The shares of the company closed in the red at Rs 3,745 with a fall of 1.11 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 3744 with a fall of 1.16 per cent. Launches the iconic US Chicken Brand Popeyes in India. Source: jubiliantfoodworks.com

 

8/10

Bajaj Finance: Down 1.99%

Bajaj Finance: Down 1.99%

The shares of the company closed in the red at Rs 7,590 with a fall of 1.99 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 7570.30 with a fall of 2.28 per cent. The leading financial services company on Tuesday reported an 85% YoY jump in the consolidated profit at Rs 2,125 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 1,146 crore in the corresponding quarter last fiscal. The non-banking lender’s net interest income (NII) grew 40% YoY to Rs 6,000 crore as against Rs 4,296 crore posted last year. Net interest margin (NIM) grew 13.24% in Q3FY22 as against 11.96% posted in Q3FY21. Source: Bajaj Finserv Twitter

 

9/10

ICICI Prudential: Down 5.52%

ICICI Prudential: Down 5.52%

The shares of the company closed in the red at Rs 573.95 with a fall of 5.52 per cent as per BSE. As per NSE, the shares of the company closed in red at Rs 572.20 with a fall of 5.89 per cent. The company has reported a 2% YoY rise in profits at Rs 311 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 305 crore in the corresponding quarter of the last fiscal. Net premium income grew 1.1% YoY to Rs 9,074 crore as against Rs 8,971 crore posted last year. However, the total revenue of the company fell 65% YoY to Rs 9,865 crore in the reported quarter against Rs 28,547 crore. Source: iciciprulife.com

 

10/10

LTTS: Down 6.06%

LTTS: Down 6.06%

The shares of the company closed in the red at Rs 5,092.00  with a fall of 6.06 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 5079.85 with a fall of 6.30 per cent.  L&T Technology Services reported an 8.3% QoQ rise in the consolidated profit at Rs 249 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 230 crore in the previous quarter ended September 30, 2021. The company’s revenue from operations grew 5% QoQ to Rs 1,688 crore against Rs 1,608 crore posted in the previous quarter. The revenue in dollar terms grew 3.5% to $ 22.51 crore as against $21.74 crore posted in September 2021 quarter. Its EBIT stood at Rs 314.4 crore, up 6.2% QoQ from Rs 296 crore posted in the previous quarter. The margin grew 18.6% in Q3FY22 from 18.4% posted in Q2FY22. Source: ltts.com

 

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