Sensex and Nifty closed in the red mark in the market today due to profits in the last hour of the trading session. Bad global cues spoiled the mood of the market today and brakes were put on the 7-day rise. Nifty closed 195 points today and Sensex closed by breaking 150 points today. All sector indices of BSE, except Power, closed on the downside today. After the drone attack by the Houthi rebels on the United Arab Emirates, crude oil also reached the high levels of 2014 today, spoiling the mood of the market. Let’s see which stocks have the most movement in today’s business
UltraTech Cement , CMP: Rs 7,570 | The stock lost 3 per cent today. The company’s profit in the December quarter stood at Rs 1,708 crore, up 7.8 per cent. While maintaining the hold rating in this stock, Jefferies has given a target of Rs 8,100 in this stock.
Tech Mahindra , CMP: Rs 1,662.50 | Today this stock has also broken more than 3 percent. The company’s board has approved the acquisition of Com Tech IT. Despite this news, there was pressure on this stock today.
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Bajaj Finance , CMP: Rs 7,770 | The company’s interest income is expected to grow 17.3 per cent year-on-year at Rs 5,038.7 crore for the third quarter. Similarly, its profit has been estimated to increase by 57.5 percent on a yearly basis.
Tatva Chintan Pharma , CMP: Rs 2,608 | The stock has lost 9 per cent today due to decline in earnings and profits on a quarter-on-quarter basis in the December quarter. The company’s EBITDA and EBITDA margins have been under pressure during this period. Due to which the stock has seen weakness.
Prestige Estates Projects , CMP: Rs 530.05 | The stock has jumped 3 per cent today due to record sales in October-December. The company has made sales of Rs 4267.6 crore during this period. It is 111% higher on an annual basis.
Tata Motors | CMP: Rs 510.95 | Today the stock closed with a loss of 2 percent. The company has said that from the effective date of January 19, it is going to increase the sales of its passenger cars by an average of 0.9 percent. Apart from this, the company has also announced a cut of up to Rs 10,000 on certain models.
Nazara Tech | CMP: Rs 2,393 | Today this stock has also broken more than 2 percent. Has tied up for acquisition of 55 per cent stake in Bengaluru-based ad tech company Datawrkz. An investment of Rs 225 crore will be made for this acquisition.
TV18 Broadcast | CMP: Rs 49.60 | TV18 Broadcast has released its third quarter results today. According to this, in the quarter ended December 31, 2021, the company’s profit has increased by 35 percent on a quarterly basis to Rs 312 crore. At the same time, there has been a decline of 17 percent in the company’s profit on a year-on-year basis. Let us inform that in the third quarter of the last financial year, the company had a profit of Rs 377 crore. Last year, the company got tax credit of Rs 102 crore in the same period. Today this stock has closed in green mark.
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