The markets it is likely they will start trading for the week on a positive note, given the insights from abroad markets and SGX Nifty. At 08:10 am, SGX Nifty was quoted at 18.218 compared to the Nifty spot which closed at 18.103 on Friday. In the meantime, here are the best stocks to focus on in today’s trading.
Nykaa: After the listing’s exceptional gains, the stock will once again be in the spotlight as the online fashion and cosmetics retailer reported a 96% year-on-year slump in second-quarter net profit to Rs 1.1 crore in the year. quarter of September. The company’s revenue, however, increased 47% year-on-year to Rs 885 crore. TO KNOW MORE
Consumer Products Tata: The company has signed definitive agreements to acquire 100% of the shares of Tata SmartFoodz Limited (TSFL) from Tata Industries Limited, for a cash consideration of 395 crore of rupees. TO KNOW MORE
NGO: It reported the highest quarterly profit ever recorded by any Indian company to date. At Rs 18,348 crore, standalone net profit for the second quarter of FY22 increased by 565.3 to from Rs 2,758 crore in the comparable period of the preceding financial year. TO KNOW MORE
Grasi: The consolidated revenue of the Aditya Birla group holding company for the September quarter increased 26% to Rs 22,564 crore, while its after-tax profit rose 41% to Rs 1,359 crore year-on-year. TO KNOW MORE
Indalco: It reported an all-time consolidated net profit of Rs 3,417 crore in the September quarter, up nearly nine times from the corresponding period last year, mainly due to a low base. TO KNOW MORE
Vodafone Idea: It posted a net loss of Rs 7,132 crore in the second quarter of FY22 as the telecom company continued to struggle with high financial costs and loss of subscribers. In the same period last year, it had reported a net loss of Rs 7,218 crore. TO KNOW MORE
Information board (Naukri): Net profit for the quarter of September 2021 rose to Rs 8,355.72 crore compared to Rs 51.15 crore in the quarter of September 2020, mainly due to exceptional earnings. Total income increased by 40% to Rs 395.72 crore from Rs 282.42 crore.
SpiceJet: Reported widening of the net loss to Rs 561.7 crore for the quarter ending September 2021 compared to a net loss of Rs 112.6 crore in the corresponding period of the last fiascal. Total income rose to Rs 1,538.6 crore from Rs 1,292.9 crore. TO KNOW MORE
National aluminum (Nalco): It reported a nearly seven-fold increase in consolidated profit to Rs 747.80 crore for the quarter ended September 30 compared to 107.27 crore in the prior year period. Consolidated income increased 51.5 percent to Rs 3,634.59 crore from Rs 2,399.05 crore. TO KNOW MORE
Ashok Leyland: Net loss Q2FY22 shrank to Rs 83 crore compared to a net loss of Rs 147 crore in Q2FY21. Total income rose 57 percent year-on-year to Rs 4,458 crore from Rs 2,837 crore. TO KNOW MORE
coal India: It reported an almost flat consolidated net profit of Rs 2,936.91 for the quarter ended September 30. Its consolidated revenue from operations in the July-September 2021 period increased to Rs 23,291.08 crore, compared to Rs 21,153.07 crore in the prior year period. TO KNOW MORE
Mother and son Sumi: The auto parts major reported a 76% decline in consolidated net profit to Rs 93.04 crore in the second quarter ended September, hit by disruptions to the global automotive supply chain. Total consolidated income from operations stood at Rs 14,076.39 crore versus Rs 14,957.21 crore in the quarter a year ago.
Future businesses: It reported a net loss of Rs 257.69 crore for Q2FY22. The net loss in Q2FY21 stood at Rs 261.13 crore. Total income, however, rose 4-fold year-on-year to Rs 521.20 crore from Rs 129.99 crore.
Zee Media: It recorded a consolidated net loss of Rs 102.67 crore for the second quarter ending September 30th. The company had posted a net profit of Rs 18.53 crore in the prior year period. Revenue from operations, however, increased 37.8 percent year-on-year to Rs 206.14 crore from Rs 149.61 crore in the quarter under review.
McLeod Russel: It recorded a 19.3 percent year-over-year decline in consolidated net profit to Rs 122.62 crore in the quarter ended September 30, due to lower tea prices and higher wage costs. TO KNOW MORE
Godrej Industries: Q2FY22 net profit increased 17% YoY to Rs 192.05 crore from Rs 164.09 crore in Q2FY21. Total income increased by 36.3 percent to Rs 3,501.85 crore from Rs 2,569.16 crore.
Specialty restaurants: It reports a turnaround in the quarter of September 2021 with a net profit of Rs 2.73 crore compared to a net loss of Rs 14.13 crore in the quarter of September 2020. Total income grew 3 times to Rs 64, 29 crore from Rs 20.88 crore in the same period.
PC Jewelers: The net loss for the second quarter increased to Rs 75.83 crore in the quarter ending September 2021 compared to a net loss of Rs 48.43 crore in the corresponding quarter a year ago. Total income, however, increased 49.6 percent to Rs 561.86 crore from Rs 375.64 crore over the same period.
Atul Auto: It reported a net loss of Rs 4.40 crore in Q2FY22 versus a net profit of Rs 0.75 crore. Total income increased 7.5% year-on-year to Rs 82.78 crore from Rs 77.04 crore over the same period.
Omax car: It reported a net loss of Rs 3.58 crore for the quarter ending September 2021 compared to a net loss of Rs 5.83 crore in the corresponding quarter a year ago. Total income fell 10.5 percent year-on-year to Rs 50.57 crore from Rs 56.50 crore.
Jindal Polyfilm: Net Q2FY22 increased marginally to Rs 253.87 crore from Rs 249.93 crore in Q2FY21. Total income grew 37% year-on-year to Rs 1,532.26 crore from Rs 1,118.12 crore over the same period.
International Eros: The net loss in Q2FY22 is reduced to Rs 14.56 crore compared to a loss of Rs 28.47 crore in Q2FY21. Total income fell marginally to Rs 105..07 crore from Rs 106.33 crore.
Honeywell automation: Second quarter net declined 16.8 percent yoy for the quarter ending September 2021 from Rs 774.05 crore in the corresponding quarter a year ago. Total income fell 2% to Rs 758.16 crore from Rs 774.05 crore.
Earnings Today: Binani Industries, Rajesh Exports, Tinplate Company of India are some of the prominent companies scheduled to report earnings today.
Prohibited shares of F&O: Bank of Baroda, BHEL, Escort, Indiabulls Housing Finance, National Aluminum (Nalco), PNB, SAIL and Sun Tv are now banned by F&O.