Page 16 - Market Trends

Budget impact: Aavas Financiers soars 7% on affordable housing boost

Finance Minister Nirmala Sitharaman on Tuesday in the Union Budget 2022 speech said that Rs 48,000 crore is allotted for PM Awas Yojana.

Sun Pharma rallies 5%, hits new 52-week high post Q3 results

The management said the company achieved a sustained momentum and good growth across businesses; despite rising costs, achieved higher profitability.

Deepak Fertilisers at new high on robust Q3 results, gains 60% in 1 month

The company's consolidated net profit doubled to Rs 181 crore in Q3FY22 from Rs 89 crore

Stocks to Watch: Sun Pharma, UPL, DLF, DB Realty, OMCs, Tata group

Adani Ports, Indian Hotels and Tech Mahindra are some of the prominent companies to announce results today.

Sops for green energy? Here's how Tata Power, Adani Green look on charts

Adani Green so far this month has rallied 45% per cent, sustained trade above Rs 1,900-level can trigger a fresh 15 per cent surge

Hotel stocks rally on heavy volumes; Chalet, Lemon Tree soar over 10%

While Q2FY22 witnessed a sharp rebound in revenues on a lower base, ICICI Securities expect a further recovery in revenues during Q3FY22E supported by healthy festive season travel demand.

NIIT surges 14% in two days on board nod for reorganisation of CLG biz

The composite scheme of arrangement which would result in Corporate Learning Group (CLG) Business and Skills & Careers Group (SNC) Business to be reorganized as separate publicly listed companies.

Bharat Dynamics hits new high, stock up 27% in 3 weeks ahead of Budget

BDL has been working in collaboration with DRDO & foreign Original Equipment Manufacturers (OEMs) for manufacture and supply of various missiles and allied equipment to Indian Armed Forces.

Larsen & Toubro slips 2% post December quarter results

The company bagged orders worth Rs 50,359 crore during Q3, down 31% YoY, as the previous year had the benefit of the company securing its biggest ever EPC contract for Mumbai Ahmedabad High Speed Rail

Stocks to Watch: L&T, Vedanta, NTPC, MCX, Dr.Reddy's, CBI, AU SFB, Textiles

BPCL, DLF, Dwarikesh Sugar, Exide, GIC Housing, HDIL, HPCL, IOC, Jindal Saw, KEC Intl, KPIT Tech, Krsnaa Diagnostics, SCI, Sun Pharma, Suven Life, Tata Motors and UCO Bank in focus ahead of Q3 results

TVS Motor skids 7% on acquisition of Switzerland's e-bike player SEMG

This acquisition furthers TVS Motor's commitment towards e-personal mobility products, the company said.

ONGC soars to a 32-month high, up 5% on improved outlook

Higher oil realisations and modest production would spur up ONGC's earnings before interest tax and depreciation and amortization (EBITDA) by 1.8x in the October-December quarter.

MapmyIndia slips 11%, hits record low post December quarter results

The company's consolidated net profit declined 14 per cent YoY to Rs 18.52 crore in Q3FY22.

Aviation stocks under pressure; IndiGo down 7%, SpiceJet hits 52-week low

These companies have significant exposure to price movement of Aviation Turbine Fuel (ATF) which is a derivative of crude oil.

Sebi order impact: Lux Industries tanks 29% in two trading sessions

The stock of Kolkata-based hosiery maker quoted lower for the sixth straight day, and was down 35 per cent during the period.

Torrent Pharma tumbles 14% on disappointing Q3 results

In Q3FY22, earnings before interest tax and depreciation and amortization (EBITDA) margins declined 490 bps YoY to 25.5 per cent driven by price erosion in the US.

Can you make a fortune in Adani Wilmar IPO? What brokerages say

The IPO in the price band of Rs 218 to Rs 230 per share will be open for subscription from January 27 to January 31.

Stocks to Watch: Axis Bank, Brightcom, Cipla, Federal Bank, Pidilite, IT

BHEL, Birlasoft, Canara Bank, Fino Payments Banks, LIC Housing Finance, MayMyIndia, McDowell Holdings, PNB, RBL Bank and Wockhardt to announce results today.

Bharti Airtel gains 4% on on plans to raise fund via preferential issue

The company's board will meet on January 28, to consider raising funds via a preferential share issue to investors other than its promoter group.

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