In Tuesday’s noon trade, local stock markets were trading near the day’s high. The Sensex witnessed a record high of 54,779.66 while the Nifty scored a high of 16,359.25 in the mid-morning trade. S&P BSE Sensex traded with a gain of 329 points at 54,731.85 at 12:47 p.m. At 16, 345.95 the Nifty 50 traded 87.70 points lower. Certain stocks were a swing in either direction as per the reports linked to them. Following is a list of those stocks:
IPO UPDATES:
Chemplast Sanmar IPO: To raise Rs. 3850 crores, Chemplast Sanmar, a speciality chemicals manufacturer’s IPO opened today for subscription. It was subscribed 0.09 times by 12:35 p.m. on the first day itself. The IPO is slated for closure on Thursday 12 August 2021. The price band has been fixed at Rs 530-541 per share. The lot size has been set at 27 and multiple thereof.
Aptus Value Housing Finance IPO: Aptus is a home finance lender based in southern India that has released its IPO to raise Rs. 2,870 crores. It was subscribed 0.10 times by 12:35 p.m. on day one. The price band has been fixed at Rs. 346-353 per share with a lot size of 42 shares and multiples thereof.
Nuvoco Vistas IPO: This cement major plans to raise Rs. 5,000 crore with its IPO that was subscribed 0.23 times by 12:35 p.m. on day two of subscription. The issue is slated for closure on 11 August 2021. The price band has been fixed at Rs. 560-570 per share.
CarTrade Tech IPO: CarTrade Tech is a multi-channel auto platform that aims to raise Rs. 2,998.51 through its IPO that was subscribed 0.56times by 12:35 p.m. on day two of subscription. The price band has been fixed at Rs. 1585-1618 per share.
Also Read: From Reliance to Punjab National Bank, Stocks to watch out today
EARNINGS REACTIONS:
Shree Cement: This cement manufacturer has reported a profit of Rs 662 crore for the quarter ended 30 June 2021 with a 78% YoY rise. Down by 3.45%.
Indian Hotels: Indian Hotels Company Limited is the hospitality arm of Tata Group that reported a consolidated loss of Rs 301.6 crore for the quarter ended 30 June 2021. Up 0.24%.
Hinduja Global Solutions Ltd: An IT service management company reported a consolidated profit of Rs 117 crore with a decline of 10.2% QoQ for the quarter ended 30 June 2021. Up 5%.
Shalby: A multi-speciality hospitality chain reported a consolidated profit of Rs 20 crore for the quarter ended 30 June 2021. Down 5.67%.
Sundaram Finance: An NBFC from Chennai reported profits at Rs 191 crore with a 16% YoY rise for the quarter ended 30 June 2021. Down 1.62%.
Indraprastha Medical Corp. Ltd.: A Delhi based company reported a consolidated profit of Rs 15.4 crore for the quarter ended 30 June 2021. Down 2.20%.
Timken: A manufacturer of bearing and mechanical power transmission products reported a consolidated profit of Rs. 56.72 crore with a 17.7% YoY rise for the quarter ended 30 June 2021. Up 3.90%.
IFB Agro Industries: A beverages company reported a consolidated profit of Rs 16 crore. Up 3.36%.
GSPL: State-run GSPL reported a consolidated profit of Rs. 509 crore with a 130% YoY rise for the quarter ended 30 June 2021. Up 3.74%.
GATI Ltd.: A logistic company based in Hyderabad reported a consolidated loss of Rs. 25 crores for the quarter ended 30 June 2021. Up 3.21%.
Laxmi Organics: A chemical manufacturing company reported a consolidated profit of Rs. 102 crore with a 386% YoY rise for the quarter ended 30 June 2021. Up 6.60%.
STOCK IN NEWS
BLS International: Partnered with UTITSL to offer verification, registration and e-card printing services across India. This partnership will offer BSL International the status of official PMJAY Service Agent. Down 2.23%.
Glenmark Life Sciences: PLC Healthcare Opportunities Fund bought 836000 shares at Rs 732.55 per share. Up 4.49%.
Rolex Rings Limited: HSBC Pooled Asian Equity Fund bought 144823 shares at Rs 1250 per share. Down 3.05%.
BUZZING STOCKS
Tata Investment: Up 1.38%
HAL: Up 2.89%
Dixon: Up 0.62%
Navin Flourine: Up 3.91%
Kotak Bank: Up 2.14%
Finolex Cables: Up 2.09%
Bata India: Up 1.61%.
Escorts: Up 5.73%.
PNB Housing: Up 2.69%.
Max Healthcare: Up 0.56%.
Sumitomo Chemical: Up 0.37%.
Also Read: Vodafone Idea: KM BIrla steps down as Non-Exec chairman, shares plunge another 20%
FALLING STOCKS
Intellect Design: Down 2.21%.
Tata Communications: Down 2.50%.
Supreme Petrochem: Down 1.52%.
Dhani Services: Down 2.44%.
Can Fin Homes: Down 0.68%.
Prestige Estate: Down 0.47%.
STOCKS AT LIFE HIGH
Jubilant Food: Up 1.36%. Meanwhile, the stock hit the life high at 3,843 earlier in the intraday trade today.
IRCTC: Up 0.98%. Meanwhile, the stock hit the life high at 2,725 earlier in the intraday trade today.
Laurus Labs: Up 0.43%. Meanwhile, the stock hit the life high at 715 earlier in the intraday trade today.
Sanofi: Up 2.59%. Meanwhile, the stock hit the life high at 9,285 earlier in the intraday trade today.