The market lost the gains of all three days today and today the Sensex-Nifty closed in the red mark. At the end of trading, the Sensex closed at 58,152.92, down 773.11 points, or 1.31 per cent. On the other hand, Nifty closed at 17,374.75, down 231.10 points or 1.31 percent. Let’s take a look at those stocks, which saw sharp fluctuations in today’s business and what was the reason behind them. Also, we will see how their position was at the end of the business. Zomato | CMP: Rs 88.80 | Today the stock closed with a fall of 6 per cent. The company had presented its quarterly results yesterday i.e. on February 10, according to which the loss in the December quarter of the financial year has come down to Rs 63 crore. The company had a loss of Rs 352 crore in the corresponding quarter of the last financial year. At the same time, the company had a loss of Rs 429 crore in the September quarter. Zomato’s revenue for the October-December quarter grew 82.7 per cent on a quarterly basis to Rs 1,112 crore, as against Rs 609.4 crore in the September quarter. On the other hand, in terms of adjusted revenue of the company, it grew 78 per cent year-on-year to Rs 1,420 crore, while it remained the same on a quarterly basis. Morgan Stanley has an Overweight Rating opinion on this stock and has a target price of Rs 150 for the stock. PB Fintech | CMP: Rs 776.15 | Today this stock has seen a decline of more than 10 percent. In fact, according to the news of CNBC TV 18, after the report of stake sale by the stake holder in this stock, today this stock declined and it closed in the red mark. Multibagger Stock: These sugar stocks have given more than 300% return in 1 year, they still have power, don’t miss out on them Motherson Sumi Systems | CMP: Rs 172.40 | The stock lost 4 per cent today. Released the results for the quarter ended December 2021. The company’s consolidated net profit for the quarter fell 69.3 per cent year-on-year to Rs 245.1 crore, though it was higher than analysts’ estimate of Rs 191 crore. During this period, the auto ancillary company’s total revenue from operations declined by 5.7 per cent year-on-year to Rs 16,117.5 crore, higher than the market’s estimate of Rs 14,794 crore. Shilpa Medicare | CMP: Rs 483.50 | The stock closed in the green in today’s trading. Mylab has tied up with Discovery. Has tied up for the Vaccine and Therapeutics segment. The subsidiary has tied up with Mylab Discovery. India Cements | CMP: Rs 209.55 | The stock lost 6 per cent today. The company’s profit declined 94.5 per cent to Rs 3.3 crore in the December quarter as against Rs 62 crore in the same quarter last year. On the other hand, the company’s income fell 4.5 per cent year-on-year to Rs 1,108 crore as against Rs 1,160 crore. ,
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