Today was a tough day in the market. Shortly after opening, the market which went into the red mark, then the whole day was spent trying to return to the green mark. Eventually the market closed in the red mark. However, he did show some recovery in the last hour.
The biggest movement in these stocks was
Mahindra & Mahindra | CMP: Rs 904.50 | Today this stock has seen a rise of more than 5 percent. The company on Tuesday released its financial results for the second quarter of the current financial year. The company said that its profit after tax (PAT) has increased by more than eight times to Rs 1,432 crore during the July-September 2021 quarter. The company’s PAT or net profit stood at Rs 162 crore in the corresponding quarter of the last financial year. Mahindra & Mahindra said in the information sent to the stock market that the company’s revenue increased by 15 percent to Rs 13,305 crore in the second quarter. The company’s revenue in the corresponding quarter of the last financial year was Rs 11,590 crore.
Britannia Industries | CMP: Rs 3,621 | Today this stock has seen a decline of more than 2 percent. Bakery product and biscuit maker company Britannia has presented its second quarter results ended 30 September 2021. According to which the company’s profit declined by 22.9 percent to Rs 381.8 crore, while the company’s profit in the second quarter of FY 2021 was Rs 495.2 crore. It is worth noting that according to the CNBC TV18 poll, the company can make a profit of Rs 495.2 crore in the second quarter of FY 2022.
NCC | CMP: Rs 80.30 | Today this stock has closed in the green mark on the basis of good results. In the second quarter of the financial year 2021-22, the company’s profit has increased by 76.3 percent to Rs 114 crore. The company’s earnings have also grown by 51.1 per cent during this period.
Ircon International | CMP: Rs 49.65 | Today the stock is up 2 per cent. The company has been selected as L-1 bidder for a major project from National High Speed Rail Corporation Limited. The cost of this project is around Rs 5,142 crore.
VST Tillers | CMP: Rs 2,960 | Today the stock is up more than 2 per cent. In the second quarter, the company’s profit has grown by 7.7 per cent year-on-year and it has increased from Rs 29.9 crore to Rs 32.2 crore. The company’s earnings have also grown by 5.9 per cent year-on-year during this period.
J Kumar Infraprojects | CMP: Rs 182.65 | Today this stock has also closed in the green mark. The company’s profit for the quarter ended 30 September 2021 stood at Rs 41.1 crore. Which was Rs 7.1 crore in the corresponding quarter of the last financial year. The company’s earnings have also grown by 61.7 per cent year-on-year during this period.
MRF | CMP: Rs 78,510| Today this stock closed in the red mark. The company’s profit in the September quarter has seen a decline of 54.6 per cent on a year-on-year basis. It has stood at Rs 183 crore as against Rs 403 crore. During this period, the company’s earnings grew by 15.4 percent on a year-on-year basis.
Sun TV Network | CMP: Rs 582.60 | Today the stock is up more than 1 per cent. The company’s profit in the second quarter of FY 2021 stood at Rs 395.55 crore. CLSA has increased its target to Rs 700 while maintaining buy rating on the stock.
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