Page 17 - Market Trends

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.

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%.

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.

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.

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.

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

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.

SBI Cards hits 52-week low, stock down 26% from its 52-week high

The stock hit a 52-week low at Rs 858.45, quoting lower for the fourth straight day on the BSE.

Mastek tumbles 15% on muted numbers for the December quarter

Despite a 25% correction from its 52-week high level, Mastek has outperformed the market in the past one year by surging 147 per cent, as against a 20 per cent rise in the Sensex.

This Ashish Dhawan-owned stock has zoomed 50% in four days

Share of HSIL hit a new high of Rs 350.20, zooming 50 per cent in four days on the BSE after the company announced divesting its building products division for Rs 630 crore.

PTC India Financial slumps 19% on resignation of 3 independent directors

Three independent directors of the NBFC have resigned from the board with immediate effect citing instances of alleged serious lapses in corporate governance and compliance.

Ceat skids 7%, hits 52-week low on Q3 loss; tyre stocks on slippery ground

The management said the company is witnessing muted demand in the replacement segment due to tepid consumer sentiment, higher fuel prices and a softer uptick in India's rural markets.

Adani Green zooms 50% in 14 trading days, market cap crosses Rs 3-trn mark

In the past seven trading sessions, the stock has rallied 36 per cent after the company announced a provisional operational update for Q3

Triveni Engineering soars 6%, hits new high on healthy business outlook

The company's grain-based distillery of 60 KLPD is expected to commence its operations in Q4FY22, which is likely to strengthen its operational profile and improve revenue diversification.

TV18 Broadcast surges 12% on clocking highest-ever operating Ebitda in Q3

TV industry saw an all-time high advertising volumes in the third quarter driven by strong consumer demand, increased spending by existing brands for a higher share of voice.

Bajaj Finance gains 4%, hits record high on strong December quarter results

The NBFC reported a strong 85 per cent YoY jump in consolidated net profit at Rs 2,125 crore, beating Street estimates.

Stocks to Watch: Bajaj Auto, RIL, Just Dial, Bajaj Fin, Tata Motors, Telcos

Aptech, Bajaj Auto, Ceat, JSW Energy, L&T Infotech, Mastek, Oracle Financial Services, Rallis India, Saregama and Tata Communications to announce December quarter results on Wednesday

UltraTech Cement dips 3% on weak operational performance in Q3

The company is hopeful that cost inflation has peaked out and, with demand picking up, all of this should bolster volume growth and lead to margin rebound Q4 onwards.