Hinduja Global, Oil and Gas Stocks at Mirza International – Here are the Best Buzz Stocks Today

The equity benchmarks, Nifty and Sensex, were trading at a gain of over half a percent during midday early trading on Tuesday, January 4, 2022. At 12:20 p.m., the S&P BSE Sensex surged 405.61 points or 0.69% and was trading higher at 59,588.83. The Nifty 50 Index was up 103.50 points or 0.59% and traded at 17,729.20. Meanwhile, some stocks were moving back and forth based on reports tied to them. Here is a list of some of these stocks:

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Buzzing scholarships

Hinduja Global: Up 9.79%.
Apollo Tire: Up 2.15%.
HEG: up 6.31%.
Graphite India: + 4.63%.
Poonawalla Fincorp: up 3.87%.
Sona BLW: up 1.90%
Equitas Investments: up 2.38%.
Tourism Finance Corp: Up 5.82%.
Bank stocks: on the move. AU Small Finance Bank Shares – Up 2.80%; Bank Bandhan – up 0.59%; SBI – up 2.26% Axis Bank – up 1.52% and Kotak Bank – up 1.29% were trading with a gain.
PSU actions: in motion. Stocks like NTPC – up 3.61%; CGSB – up 3.08% and Power Grid – up 1.71% were trading with gains.
Shoe stocks: on the move. Stocks like Mirza International – up 16.16%; Liberty Shoes – up 2.64% and Khadim – up 2.20% were trading with gains.
Oil and gas stocks: on the move. Stocks like ONGC – up 3.08%; Reliance – up 1.30%; MRPL – up 1.26%; GAIL – up 1.14%; Oil India – up 0.80% and IOC – up 0.75% were trading with gains.

Stocks at their highest

Textile Vardhman: up 3.29%. Meanwhile, the stock hit a 52 week high of Rs 2,587 per share in intraday trading today.
KPR Mills: decrease of 1.11%. Meanwhile, the stock hit a 52 week high of Rs 721 per share in intraday trading today.
Balrampur Chini: up 8.39%. Meanwhile, the stock hit a 52-week high of Rs 407.70 per share in intraday trading today.
Schaeffler India: decrease of 0.63%. Meanwhile, the stock hit a 52-week high of Rs 9,375 per share in intraday trading today.
Fortis Healthcare: decrease of 1.62%. Meanwhile, the stock hit a 52-week high of Rs 313.45 per share in intraday trading today.
Gujarat Fluorides: up 1.89%. Meanwhile, the stock hit a 52-week high of Rs 2,559.75 per share in intraday trading today.
Affle India: up 10.79%. Meanwhile, the stock hit a 52-week high of Rs 1,368.80 per share in intraday trading today.

Decline in shares

Solutions Firstsource: Decrease of 1.49%.
PI Industries: Decrease of 1.44%.
RBL Bank: Decrease of 1.47%.
Tata Engines: 1.95% decrease.
Computer stocks: declining. Stocks like Mindtree – down 1.82%; Mphasis – down 1.26%; LTI – down 0.95% and Infosys – down 0.93% were trading in negative territory.

Impact of the business update

Marico: Down 2.45%. Marico in his quarterly update for Q3FY22 said the quarter was characterized by a slowdown in consumption patterns that affected the industry as a whole. This was mainly due to persistent inflation affecting aggregate disposable income as well as increasing mobility releasing some degree of pent-up demand for discretionary goods, services and out-of-home consumption. Rural demand has also been sluggish, albeit optical to some extent given the high base. Revenue growth in the quarter was double-digit, while volumes were flat, driven by weaker consumer sentiment and a strong base. However, on a 2 year CAGR basis, volume growth was close to our mid-term aspiration. Parachute coconut oil had a muted quarter on a high basis. Value-added hair oils showed lower value growth in the quarter, but saw double-digit value growth on a 2-year CAGR basis. The Saffola franchise has grown into the higher value age bracket, driven by strong growth of over 20% in food, which is on track to hit Rs 5 billion in revenue. This year. Edible saffola oils volumes fell, largely due to higher domestic consumption at the base and weak commercial sentiment due to fluctuating input prices. Premium Personal Care recorded widespread double-digit growth. Digital brands, Beardo and Just Herbs, have also followed expectations. International activities recorded strong growth in constant currencies on a healthy basis. All markets behaved positively, led by Bangladesh and a smart recovery in Vietnam.
Bank of Karnataka: up 0.95%. In its quarterly update to T3FY22, the bank announced a 5% year-on-year and 2% quarter-on-quarter increase in the loan portfolio. Deposits increased 6.3% year-on-year and 2% quarter-on-quarter. The Bank’s CASA grew 31.31% year-on-year compared to 30.08% recorded in the same period last year.

HDFC Ltd. : Up 0.75%. Mortgage lender Housing Finance Development Corporation Ltd (HDFC) in its activity update for the quarter ending December 2021, said on Monday that the company had granted loans amounting to Rs 7,470 crore in the third quarter. for fiscal year 22, compared to Rs 7,076 crore posted in the corresponding quarter of the previous fiscal year. year. Gross dividend income for the quarter stood at Rs 195 crore compared to Rs 2 crore posted last year. Its liquidity cushion stood at approximately Rs 55,000 crore.

Impact of the production update

Vedanta: Down 5.23%. The company announced its production performance update for T3FY22 and said cast aluminum production in our foundries was 5,79,000 tonnes at T3FY22, up 16% from T3FY21 and 2 % compared to T2FY22. The Lanjigarh refinery produced 472,000 tonnes of T3 FY22 alumina, 16% more than T3 FY21 and 8% less than T2 FY22. Iron ore production at Karnataka was 1.2 million tonnes, down 14% from T3FY21 and 4% from T2FY22 due to the impact on operations due to heavy rains from T3FY22 . Iron ore sales in Goa are 90% year-on-year and 42% quarter-on-quarter.

Hindustan zinc: Up 2.50%. The company in its production update for Q3FY22 said its integrated metal production was 261,000 tonnes, up 11% year-on-year and 25% quarter-on-quarter. Refined zinc production amounted to 214,000 tonnes, up 17% year-on-year and 32% quarter-on-quarter. Integrated silver production was 173,000 tonnes, down 5% year-on-year and up 14% quarter-on-quarter. Wind power production fell 12% year-on-year and 62% quarter-on-quarter. T3FY22’s integrated metal production was the highest quarterly integrated metal production on record.

Maruti Suzuki: Up 1.08%. The automaker announced its December production number and said total production stood at 1.52 lakh units in December 2021, down 1.9% from the 1.55 lakh units produced in December 2020 Total passenger vehicle production was 1.48 Lakh units, down 3.1% year-on-year from 1.53 Lakh units. . Total production of the Mini + compact sub-segment was 1.06 lakh units, down 6.1% year-on-year from 1.12 lakh units. Total production of passenger cars amounted to 1.079 lakh units, down 5.7%. In addition, setting a new record, Maruti Suzuki India Limited announced on Monday that it exported 205,450 vehicles in the year 2021. This is the highest export figure ever recorded by the company in a year. calendar year.

Actions in the news

Mirza International: Up 15.88%. The promoter buys 1 lakh of shares.

Ajmera Realty: Up 3.01%. Premium Real Estate Developer Ajmera Realty & Infra India ltd. recently signed a development agreement to undertake a redevelopment project of the Fairyland Co-operative Housing Society, located in a prime area of ​​Juhu in Mumbai. Funded by a mixture of debt and equity, this project is expected to generate a sales value of Rs 150 crore. The 10,520 square foot land will serve as a catalyst for the growth of quality housing and will consist of 15 apartments in a single tower with a total salable area of ​​approximately 30,000 square feet. This real estate project will mainly focus on residential apartments of 3 and 4 BHK Apartments.

RailTel: Up 1.58%. The Board of Directors of the Company is scheduled to meet on Monday, January 10, 2022 to examine the declaration of interim dividend, if applicable, for the 2021-2022 financial year. The Company has set Friday January 21, 2022 as the “registration date” in order to determine the eligibility of members entitled to the provisional dividend for the 2021-2022 financial year.

World Hinduja: Up 8.43%. The Board of Directors of the Company will meet on January 6, 2022 to examine and approve the declaration of interim dividend, if applicable, for the 2021-2022 financial year, and the proposed declaration of free issue of shares. participation.

Wockhardt Ltd. : Up 2.85%. The Board of Directors of the Company will meet on January 6, 2022 to review and approve various fundraising options for the Company, as the Board deems appropriate.

SCI: Up 1.14%. The action is abuzz after Zee Business exclusively announced that the process to divest the Shipping Corporation of India (SCI) will accelerate. Sources familiar with the development have informed Zee Business that the Cabinet Secretary will have a discussion on the next step that will be required for the divestment from SCI. DIPAM plans to complete the process of selling the company soon. According to the sources, the non-core assets will be de-merged and placed in a new company, which will be listed separately. Financial bidders will bid for the core business. DIPAM sent a proposal relating to the divestment of SCI to MCA.

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