Newsmakers: Zomato, InterGlobe Aviation, Fino Payments Bank and Indiabulls Housing Finance among top 10 stocks that moved the most on November 12
The Indian markets on Friday snapped three-day losing streak to end positive. The benchmark indices — Sensex and Nifty50 — have reclaimed their key levels of 60000 and 18000, respectively. The information and technology along with financial services and FMCG stocks lead the surge in the market at the close. The BSE Sensex ended 767 points or 1.28 per cent to 60686.69, while the Nifty50 surged over 229 points or 1.28 per cent to 18102 levels at the market close. Here is a list of 10 buzzing stocks to watch out for:
Zomato: Up 8.88%
The shares of the company closed in the green at Rs 153.30 with a gain of 8.88 per cent as per BSE. As per NSE, the shares of the company closed in the green at Rs 153.10 with a gain of 8.66 per cent. The Indian multinational restaurant aggregator and food delivery company's consolidated loss has widened to Rs 435 crore for the quarter ended September 30, 2021. The company had reported a consolidated net loss of Rs 230 crore in the year-ago period. Source: Zomato Twitt
InterGlobe Aviation: Up 7.66
The shares of the company closed in the green at Rs 2312 with a gain of 7.66 per cent as per NSE. As per BSE, the shares of the company closed in the green at Rs 2305.40 with a gain of 7.40 per cent. IndiGo, which operates India's biggest airline, moved higher by 6 per cent to Rs 2,268 on the BSE in Friday’s intraday trade after nearly 1 per cent of total equity of the aviation company changed hands on the counter. Source: IndiGo Twitter
Mayur Uniquoters Ltd: Up 7.40%
The shares of this company closed in the green at Rs 486 with a gain of 7.40 per cent as per BSE. As per NSE, the shares closed in the green at Rs 484 with a gain of 7.06 per cent. The synthetic leather manufacturer has reported a 47.5% YoY rise in the consolidated profit at Rs 29.5 crore for the quarter ended September 30, 2021 as against Rs 20 crore posted in the year-ago quarter. Its revenue from operation grew by 55.8% to Rs 196 crore as against Rs 125.8 crore posted last year. Source: mayuruniquoters.com
Monte Carlo: Up 4.95%.
As per NSE, the shares of the company closed in the green at Rs 546 with a gain of 4.95 per cent. The shares of the company closed in the green at Rs 547.35 with a gain of 4.65 per cent as per BSE. The branded apparel company has reported a 670% YoY rise in the consolidated profit at Rs 33.9 crore for the quarter ended September 30, 2021 as against a profit of Rs 4.4 crore posted in the year-ago quarter. Its revenue from operations grew 142.7% to Rs 238.3 crore as against Rs 98.2 crore posted last year. Its EBITDA grew by 253% to Rs 52.6 crore as against Rs 14.9 crore posted last year. The company's margin improved to 22.1% in Q2FY22 from 15.2% posted in Q2FY21. Source: Monte Carlo Twitter
Astral: Up 3.08%
The shares of the company closed in the green at Rs 2294 with a gain of 3.08 per cent as per BSE. As per NSE, the shares of the company closed in the green at Rs 2294 with a gain of 3.07 per cent. Plastics pipe company has reported a 62% YoY rise in the consolidated profit at Rs 143.3 crore for the quarter ended September 30, 2021, against a profit of Rs 87.9 crore posted in the year-ago quarter. Its revenue from operations grew by 54.5% YoY to Rs 1,154.1 against Rs 747.1 crore posted last year. Source: astralpipes.com
Prestige Estate: Up 2.60%
The shares of the company closed in the green at Rs 510 with a gain of 2.60 per cent as per BSE. As per NSE, the shares of the company closed at Rs 508 with a gain of 2.48 per cent. The Bangalore-based property development company has reported a consolidated profit of Rs 93.7 crore for the quarter ended September 30, 2021 against a profit of Rs 93.8 crore posted in the year-ago quarter. Its revenue from operations fell by 31.9% YoY to Rs 1,344.5 crore against Rs 1,975 crore posted last year. EBITDA stood at Rs 391.8 crore, down 26.8% YoY from Rs 535.1 crore posted last year. Source: Website
RITES Ltd: Up 2.53%
The shares of the company closed in the green at Rs 293.55 with a gain of 2.55 per cent as per BSE. As per NSE, the shares of the company closed in the green at Rs 293.50 with a gain of 2.51 per cent. State-owned engineering services company has reported a 31.8% YoY rise in the consolidated profit at Rs 174 crore for the quarter ended September 30, 2021, against a profit of Rs 132 crore posted in the year-ago quarter. Sales grew by 71.9% to Rs 755 crore against Rs 439 crore posted last year. Source: Rites Twitter
JBM Auto: Up 0.01%.
The shares of the company closed in the green at Rs 702.50 with a gain of 0.01 per cent as per NSE. However, as per BSE, the shares of the company closed in the red at Rs 702 with a drop of 0.05 per cent. Auto parts company has reported a 23% YoY rise in the consolidated profit at Rs 25.3 crore for the quarter ended September 30, 2021, against a profit of Rs 20.49 crore posted in the year-ago quarter. Its revenue from operations grew by 45% YoY to Rs 752.72 crore from Rs 517.35 crore posted last year. Source: jbmgroup.com
Fino Payments Bank : Down 0.50%
The shares of the company closed in the red at Rs 545.25 with a drop of 0.50 per cent as per BSE. As per NSE, the shares of the company closed in the red at Rs 535.45 with a drop of 1.63 per cent. The shares of the company made a weak debut on the stock markets - NSE and BSE - today. It was listed at a discount of 5% at Rs 544.35 per share on the NSE as compared to its IPO issue price of Rs 577 a piece. On the BSE, Fino Payments Bank shares were listed at Rs 548 a piece. The initial public offering (IPO) was subscribed 2.03 times on Tuesday, the last day of the issue. The Qualified Institutional Buyers (QIBs) portion was subscribed 1.65 times, while the Non-Institutional Investors (NIIs) portion and the Retail Individual Investors (RIIs) portions were subscribed 0.21 times and 5.92 times, respectively. The employee portion was subscribed 0.93 times.
Indiabulls Housing Finance: Down 2.89%
The shares of the company closed in the red at Rs 230.15 with a drop of 2.89 per cent as per BSE. As per NSE, the shares of the company closed in the red at Rs 229.60 with a drop of 3.08 per cent. The Gurugram-based mortgage lender has reported an 11% YoY decline in its net profit at Rs 286 crore for the quarter ended September 30, 2021, as against a profit of Rs 323 crore posted in the year-ago quarter. Its revenue from operations fell by 13.5% YoY to Rs 2,232 crore against Rs 2,581 crore posted last year. Its net interest income (NII) also declined by 7% YoY to Rs 625 crore against Rs 671 crore last year. Source: indiabullshomeloans.com