D-Street Newsmakers: Bajaj Finance, Paytm, Zomato among 8 stocks that hogged limelight today
Amid the ongoing earnings season, stock-specific action was seen in counters including Bajaj Finance and TVS Motor among others.
Indian equities in a choppy session amid the ongoing earnings season ended lower for the third consecutive day. Nifty closed below 26,450 levels, while Sensex gave up nearly 140 points.
Here are the stocks that remained in focus in today's session (October 23)
Zomato:
Shares of the food delivery services firm ended 3 per cent higher at Rs 263.85 per share even as the company hiked platform fee from Rs 6 to Rs 10 in October.
Bajaj Finance:
As most global brokerage reaffirmed their positive stance on Bajaj Finance, its shares ended 5 per cent higher at Rs 7,007.95 per share.
TVS Motor:
After posting the highest-ever operating revenue of Rs. 9,228 crore, a 13 per cent year-on-year growth, shares of the 2-wheeler major ended with a cut of nearly 3 per cent at Rs 2,582 per share.
SBI Life Insurance:
After the company's Q2 earnings, shares of the state-run insurer ended 0.64 per cent higher at Rs 1,710 apiece on the BSE.
ITC:
Ahead of its earnings tomorrow, shares of the cigarette-to-hotels company ended mildly lower at Rs 480.55. Zee Business research estimates EBITDA margin at the company to slip by 120 bps during Q2.
Paytm:
Shares of the payments company ended over 8 per cent higher at Rs 745 as the company received NPCI's go-ahead for onboarding new UPI users.
Persistent Systems:
After posting stellar Q2 results, the stock in intra-day trade hit its all-time high and ended 11 per cent higher at Rs 5,717.7 per share.
Godrej Properties:
Shares of the realty company ended over 2 per cent higher at Rs 2,969.8 as the company's Q2 PAT zoomed to Rs 335 crore.
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