D-Street Newsmakers: ITC, HUL, IGL and Tanla Platforms among 10 stocks that were in focus today

Stock market today: Amid escalating Middle East tensions, Indian equities ended lower for the third consecutive day on Friday (October 21). Nifty ended 0.42 per cent or 82 points, lower at 19,542, while Sensex declined 231.6 points, or 0.35 per cent, to 65,397.6. On a weekly basis, the headline indices fell over 1 per cent each. Sectorally, all the indices ended in the red, barring Nifty Private Bank and Nifty Financial Services.

Here are the stocks that buzzed in trade on October 20.

Bombay Burmah Trading Corporation: Shares of the packaged foods company amid high volumes ended locked in the 20 per cent upper circuit at Rs 1420.5.

ITC: Shares of ITC ended with a cut of 3 per cent at Rs 438.3 after the diversified FMCG player missed analysts’ estimates in its September quarter results.

HUL: Shares of the FMCG behemoth Hindustan Unilever fell 2 per cent and settled at Rs 2,499.2 even as the company posted a higher-than-estimated top line and bottom line for the Q2 period.

One97 Communications: Shares of the financial services entity ended over 1 per cent higher at Rs 981.5 ahead of its Q2 results due to be released later today.

Sagar Cements: Shares of the small-cap cement company ended over 3 per cent higher at Rs 258.6 after the company’s Q2 net loss narrowed to Rs 10 crore as against Rs 43.53 crore in Q2FY23.

IGL: Shares of the gas distribution company corrected 12 per cent in trade today after the Delhi government approved the electric vehicle policy.

Jindal Stainless: Shares of the iron and steel company ended around 5 per cent higher at Rs 469.5. The gains in the stock were triggered after the company’s standalone net profit jumped 75 per cent year-on-year.

RVNL: Shares of the state-run railway entity ended with 1 per cent gains at Rs 168.3. The company is in receipt of a contract worth Rs 246 crore from the Vadodara division of Western Railways.

Tanla Platforms: Shares of the software products entity ended over 4 per cent higher at Rs 1067.5 after the company posted strong September quarterly results.

ICICI Bank: Shares of the country’s leading private lender ended a tad lower at Rs 932.75 ahead of its Q2 results due to be announced on October 21. ICICI Bank is expected to report good numbers for the Q2 period on the back of strong net interest income (NII) and steady NPAs.