D-Street Newsmakers: KPIT Technologies, M&M Financial and SBI Cards among 10 stocks that hogged the limelight today

Indian equities continued their winning run for the second consecutive session on Monday amid strong buying in energy and realty stocks. The benchmark Nifty50 zoomed 0.49 per cent or 93.65 points to 19,140.9, while the 30-stock BSE Sensex advanced 0.52 per cent or 329.85 points, to 64,112.65. Sectorally, real estate emerged as the best-performing sector, followed by energy and pharmaceuticals, while auto and FMCG were the laggards during the session.

Here are the 10 stocks that saw the most action today:

KPIT Technologies: Shares of the IT consulting firm ended over 5 per cent higher at Rs 1,188 apiece on the BSE after the company posted an over 60 per cent year-on-year (YoY) jump in its consolidated revenue during the quarter ended September 2023.

M&M Finance: Shares of the NBFC firm ended with a cut of around 12 per cent at Rs 245.05 after a weak Q2 show on all parameters.

Bajaj Holdings: Shares of the holding company ended 0.76 per cent higher at Rs 6,781 as the company posted a 20 per cent YoY increase in consolidated net profit in the September quarter.

Oberoi Realty: Shares of the real estate firm ended over 2 per cent higher at Rs 1,123 as the consolidated net profit at the company grew 43.36 per cent YoY to Rs 456.76 crore in the Q2 period.

SBI Cards: Shares of the credit card company settled over 5 per cent lower at Rs 750.5 as the company posted a weak set of numbers for the quarter ended September. NIM, or net interest margin during the review period, contracted 19 bps sequentially to 11.31 per cent.

Dr Reddy’s Laboratories: Shares of the pharma major ended 0.81 per cent lower at Rs 5,341.8 after the US FDA issued a Form 483 with 10 observations in respect of the company’s manufacturing unit in Bachupally, Hyderabad.

Union Bank of India: Shares of the state-run lender ended a tad lower at Rs 99.70 amid profit booking.

UPL: Shares of the agrochemicals firm ended with a cut of 3.64 per cent at Rs 538.4 after the company reported a net loss of Rs 189 crore in the July-September period. In the corresponding period a year ago, the company logged a profit of Rs 996 crore.

AU Small Finance Bank: Shares of the lender ended over 3 per cent lower at Rs 666.1 as the company posted lower-than-estimated Q2 results.

Maruti Suzuki: Shares of the country’s leading auto company ended 1.5 per cent lower at Rs 10,392.55 even as the company posted a strong Q2 show.