Gainers & losers: When the stock market celebrated its Valentines Day, investors shocked and their portfolio bled. The domestic stock market was seen to be very upset today amidst mixed signals from the global market. Today, the Nifty Index of any sector is not green. The BSE Sensex slipped from a height of 76,483.06 at Intra-Day today at 75,439.64 and the Nifty 50 (Nifty 50) also slipped from 23,133.70 to 22,133.70 in intra-day. Today, the BSE Sensex is lost 199.76 points i.e. 0.26% to 75,939.21 and Nifty also closed at 22,929.25 in the last of the day. Talking about individual stocks, some stocks had a sharp stir due to their special activity. Details are being given here, including the cause of fluctuations about these shares.
These shares rose strongly
Godfrey Phillips. Current price: ₹ 5979.50 (+20.00%)
On the brilliant result of the December 2024 quarter, Godfrey Philips shares jumped 20% in intra-day to an upper circuit of ₹ 5979.50 and also closed on it. In the December quarter, the company’s net profit rose from ₹ 212 crore to 49.06% to ₹ 316 crore on an annual basis. During this period, the company’s revenue also jumped 25% to ₹ 1896 crore.
ICICI Bank. Current price: ₹ 1258.45 (+0.80%)
ICICI Bank’s Joint Venture Partner Prudential revealed the list of listing of ICICI Prudential Asset Management Company through release on 12 February. Through this, Prudential plans to lighten its stake in the joint venture, so ICICI Bank intends to maintain its mazority stake in it. The announcement of this announcement did not show a positive impact on the bank’s shares on the day of Nifty’s weekly expiry on Thursday, but today it is the second top gainer of the Sensex. It had jumped 1.62% in intra-day to ₹ 1263.00.
TCS. Current price: ₹ 3932.75 (+0.60%)
The country’s largest IT company TCS has signed an agreement with Global Company UPM -linked Global Company UPM related to decorbunization solutions, advanced materials, renewable fibers and communication papers. This agreement has been done for end-to-enter IT transformation. Due to this, in the collapsing market today, TCS shares jumped about 1 percent to ₹ 3948.00.
Bharti Airtel. Current price: ₹ 1717.15 (+0.20%)
Bharti Airtel’s shares on the positive trend of global brokerage firm Jefferies jumped 0.61% to ₹ 1724.15 in intra-day in the hahaqari market today. Jefferies has rated it at a target price of ₹ 2030.
Norben Tea & Exports. Current price: ₹ 36.64 (+4.99%)
In the December quarter, the net deficit of Northern T& exports fell from ₹ 1.47 crore to ₹ 15 lakhs on an annual basis and sales also jumped 44.29% to ₹ 2.02 crore during this period, while the stock jumped about 5% to ₹ 36.64 to reach the upper circuit of ₹ 36.64. Gaya and it has also been closed.
These shares collapsed
Senco Gold. Current price: ₹ 357.60 (-19.99%)
On the weak result of the December quarter, the shares of Best Gold fell on the Lower Circuit of ₹ 357.60 in intra-day today, which is very close to ₹ 342.55 on 14 March 2024. It was on a record high of ₹ 772.00 on 7 October 2024 last year. In the December quarter, the operating profit margin (EBITDA margin) of the Gold fell from 11% to 3.8% on an annual basis.
Concord Biotech. Current price: ₹ 1688.00 (-20.00%)
On the weak result of the December quarter, Concorde Biotech shares fell 20% in Intra-Day to ₹ 1688.00 and closed on it. In the December quarter, the company’s net profit fell 2% to ₹ 76 crore on an annual basis, but the revenue higher speed fell by about 15% to ₹ 204.22 crore.
HCC. Current price: ₹ 25.73 (-9.40%)
Hindustan Construction Company (HCC) fell 10.18% in intra-day to ₹ 25.51 on the December quarter result of the December quarter, which is one year low for its shares. In the December quarter, the company came into a net loss of ₹ 38.92 crore with a net profit of ₹ 233.22 crore on an annual basis at the Consolidated Level. During this period, revenue also fell 31.7% to ₹ 1,006.81 crore.
SignPost India. Current price: ₹ 267.60 (-4.99%)
As soon as the results of the December quarter came, the stocks of SignPost India came to the lower circuit of 5% ₹ 267.60 and it has been closed today. Its net profit in the December quarter fell from ₹ 9.46 to 39.11% to ₹ 5.76 crore on an annual basis.
Manappuram Finance. Current price: ₹ 178.65 (-8.03%)
Manappuram Finance shares fell 12.95% to ₹ 169.10 today on weak business results. On the annual basis in the December quarter, Manappuram Finance’s consulted net profit slipped 51.60% to ₹ 278.46 crore. However, Standelone Net Profit jumped 5.8% to ₹ 453.4 crore and Net Interest Income (NII) rose 13.7% to ₹ 1,160.9 crore.
(All expressions from BSE)
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Godfrey Phillips shares after the brilliant quarterly results
This shares crashed as soon as it opened, 19% broke down, in investors race to sell stocks after poor results
Heavy selling after Q3 results in Concord Biotech, share 20% broken; Touched lower circuit