Page 32 - Buzzing Stocks

Deepak Nitrite dips 9% on margins disappointment in December quarter

In Q3FY22, its PAT was up 12 per cent at Rs 242 crore, on stable operational performance, partly bolstered by sharp reduction in finance costs owing to repayment of high-cost debt.

Reliance Industries slips 7% in two days, loses over Rs 1-trn in market cap

Meanwhile, the company has issued a clarification on loan of Rs 750 crore granted to Shapoorji Pallonji Company by its arm Reliance Ventures Limited

IndiaMART InterMESH tanks 10%, stock hit fresh 52-week low post Q3 results

The company also announced its participation in the Series B Investment Round of Simply Vyapar Apps Private Limited ('Vyapar'), of Rs 217.6 crore.

Stocks to Watch: Axis Bank, Airtel, SBI Cards, Voda Idea, IEX, Burger King

Cipla, Federal Bank, Finolex Industries, Indiabulls Real Estate, ICRA, Macrotech Developers, Maruti Suzuki, Pidilite, SRF, Torrent Pharma and United Spirits to announce results today.

BSE IPO index plunges 8% as Zomato, Nykaa, MapMyIndia tank up to 20%

Latent View Analytics, Go Fashion, Chemplast Sanmar, Macrotech Developers (Lodha), CMS Info Systems, Sona BLW Precision Forgings and Devyani International slipped between 8% and 10%.

875 stocks freeze at lower circuit on the BSE

A sharp sell-off in small-sized companies witnessed one out of every five traded stocks locked at the lower circuit on the BSE.

HDFC Life hits 52-week low on lower-than-expected December quarter results

In Q3FY22, the company's gross premium income remained healthy with a 27 per cent increase to Rs 12,255 crore, led by traction in renewal premium and new business premium.

Sharda Cropchem soars to a record high, up 20% on robust Q3 earnings

EBITDA margin expanded by 220 bps YoY to 22.8 per cent in Q3FY22 driven by economies of scale, effective cost management marginally settled off by higher freight cost.

Nykaa registers new low, slumps 11% on heavy volume

The stock price of Nykaa has declined 30% from its record high of Rs 2,574 touched on November 26, 2021.

Vodafone Idea dips 5% as loss widens in Q3; stock down 33% from 52-wk high

While government relief (option of conversion of dues into equity) ensures the survival, the company needs to raise capital as early as possible to stay competitive, ICICI Securities said.

Stocks to Watch: RIL, ICICI Bank, Yes Bank, HDFC Life, SBI Life, Voda Idea

Axis Bank, HDFC AMC, Indian Energy Exchange, SBI Cards, Shriram Transport Finance, Steel Strips Wheels, and Zensar Technologies to announce results today.

Shoppers Stop surges 18%, hits 52-week high on strong Q3 earnings

Encouraged by the strong rebound, the company expects an accelerated growth trajectory now, driven by a robust recovery from the lockdown blues.

Havells India slips 6% on weak operational performance in December quarter

In Q3, standalone ebitda margin contracted 390 bps to 12.1 per cent due to elevated commodity costs and partial transition in pricing especially in consumer durables.

Zomato slips 5%, nears record low; market cap falls below Rs 1-trn mark

The stock has declined 11% in the last four trading sessions, and now trades closer to its record registered on its debut day, July 23, 2021.

This textile stock hits record high after 15 years on strong Q3 results

Gokaldas Exports hit record high of Rs 410.65, up 10% and surpassed its previous high of Rs 405 hit on March 16, 2006.

Pricol extends gain, at new high after Aditya Birla Sun Life MF buys stake

On Wednesday, January 19, Aditya Birla Sun Life Mutual Fund Pure Value Fund purchased 1 million equity shares representing 0.82 per cent stake of Pricol at Rs 126.50 per share via bulk deal on the NSE

Hitachi Energy at new high on order win from railways, gains 11% in 3 days

The company has won orders worth over Rs 160 crore for its key electric components to support the electrification of the country's rail routes.

Derivative analyst Nandish Shah advises a Bull spread strategy on BANKNIFTY

The derivative analyst from HDFC Securities recommends buying January 38,000 Call and selling 38,500 Call of the Bank Nifty based on the following four rationales.

Stocks to Watch: RIL, Asian Paints, HUL, BoM, PNB Housing, VodaIdea, Biocon

Bandhan Bank, HDFC Life, Hindustan Zinc, Voda Idea, Inox Leisure, JSW Steel, Kajaria Ceramics, L&T Fin Holdings, PVR, Reliance Industries, SBI Life and Supriya Lifescience to announce results today

Rallis India dips 6% on disappointing Q3 results as PAT falls 13% YoY

The drag in the bottomline performance was largely on account of higher depreciation owing to recently commissioned capacity along with lower other income.