There is a situation of uncertainty in the global markets between Russia and Ukraine crisis. However, in the meantime, due to some positive trigger, some stocks can show fierce action in today’s business.
Top Trending Stocks: There is some recovery in the global market between Russia and Ukraine crisis, but there is uncertainty in the markets. The war between the two countries is going on and it is bound to affect the global economy. Because of this, the coming few days may be full of volatility for the market. In such a situation, investors are advised to trade cautiously. However, in the meantime, due to any positive trigger or better results, some stocks can show fierce action in today’s trading. If you are looking for some better stocks for intraday, then you can keep an eye on those stocks. These stocks include names like Minda Industries, Infosys, NHPC, Linde India, UPL ltd, KSB, Gillette India, Vesuvius India, Barbeque Nation Hospitality. Anyway, the market is going through a period of ups and downs. It is better to choose only the best stocks with strong fundamentals, until the market becomes stable.
Minda Industries
Minda Industries has acquired additional stake in two companies YA Auto Industries and Auto Components. At the same time, new shares have been bought in Adara Engineering and SM Auto Industries. Today, action can be seen in Minda’s shares due to this news.
Infosys
The IT company has launched Metaverse Foundry to simplify and expedite discovery of the Metaverse, including a virtual environment for its customers, workplaces, products and operations. Infosys Metaverse Foundry is an integral part of the company’s Living Labs. It is driving the digital innovation agenda for companies striving to adapt to emerging priorities and market trends.
NHPC
NHPC has signed a facility agreement with HDFC Bank to secure the return on equity of 540 MW capacity Chamera-I Power Station for a tenure of 10 years. The stock has lost 9 per cent in the last one week but its returns have been 15 per cent in one year.
UPL ltd
The board of directors of the company is scheduled to meet on March 2, 2022, in which the proposal for buyback of successful paid equity shares of the company will be considered. The share of UPL closed on Thursday at Rs 632.35, while on Wednesday the price was Rs 686.95.
Barbeque Nation Hospitality
Motilal Oswal Mutual Fund has acquired 5.42 lakh equity shares in Barbeque Nation Hospitality through open market transactions at an average price of Rs 1150 per share. However, Xponentia Opportunities Fund-I has sold 10,43,480 shares at a price of Rs 1,150.57 per share.
KSB
KSB’s December quarter profit grew 23.1 per cent year-on-year to Rs 39.4 crore. At the same time, the company’s revenue grew by 20.2 percent on a yearly basis to Rs 444.6 crore. The pump manufacturer has declared a dividend of Rs 12.50 per share for the year ended December 2021.
Linde India
Linde India’s profit for the quarter ended December 2021 increased by 19.4 percent year-on-year to Rs 67.8 crore. During the same period, the company’s revenue grew by 35.5 per cent to Rs 644.1 crore. The company board has declared a total dividend of Rs 13.50 per share for the year ended December 2021.
Gillette India
Life Insurance Corporation of India has bought 2,000 equity shares in Gillette India through an open market transaction on 23 February. With this, LIC’s stake in the company has now increased to 5 per cent, which was 4.99 per cent earlier.
Vesuvius India
Vesuvius India’s profit for the December quarter declined by 19 per cent year-on-year to Rs 13.14 crore. The company’s profits have been affected by rising raw material prices and increasing employee cast. However, the company’s revenue increased by 10.4 percent to Rs 259 crore. The company has declared dividend at Rs 8 per share.
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