Top 20 Stocks Today- TCS witnessed a lukewarm performance in the third quarter. There was a slight weakness in dollar income on quarterly basis but there was an improvement of 40 bps in margin. After 3 quarters the new deal crossed 10 BILLION DOLLARS. The company declared a dividend of Rs 76. The company said that the current year will be better than last year. Because of this, action can be seen in the shares of this company today. Along with this, the market will keep an eye on the shares of other IT companies. Whereas in the show Sitadha Sauda on CNBC-Awaaz, 20 strong stocks including TCS and Asian Paints have been suggested to the investors for trading. Investors can earn good income by investing in it with their understanding and analysis.
Ashish Verma’s team
On a quarterly basis, Q3 income fell to Rs 63,973 crore from Rs 64,259 crore. Profit increased from Rs 11,909 crore to Rs 12,380 crore. EBIT in Q3 increased from Rs 15,465 crore to Rs 15,657 crore. EBIT Margin increased from 24.1% to 24.5% in Q3
On a quarterly basis, profit in Q3 declined from Rs 229 crore to Rs 199 crore. Income in Q3 declined to Rs 939 crore from Rs 955 crore. EBIT declined to Rs 220.7 crore in Q3 from Rs 239.2 crore. EBIT margin declined from 25.7% to 24.2% in Q3
NII increased from Rs 448 crore to Rs 622 crore in Q3. NIM increased from 3.20% to 3.33% in Q3. GNPA increased from 2.19% to 2.68% in Q3. NNPA increased from 1.04% to 1.50% in Q3
4) SHRIRAM FINANCE (GREEN)
Ex date of stock split is today, hence a rise in shares is expected.
Adani Commodities plans to sell 13.5% stake. Promoter plans to sell 13.5% stake through OFS
6) ADANI TOTAL GAS (GREEN)
GAIL has increased the gas allocation for the company by 20%. Increase in gas allocation will be effective from January 16
The Supreme Court will hear the company’s petition today. The company has challenged the GST notice of Rs 1.12 lakh crore
8) POLYPLEX CORPORATION (GREEN)
The Board has approved setting up a BOPET film manufacturing plant in the country.
GAIL has increased the gas allocation for the company. Therefore, we may see a rise in the stock.
GAIL has increased the gas allocation for the company. Therefore, we may see a rise in the stock.
Trade setup for today: Market trend is in favor of bears, fall may increase if support of 23500 is broken
Virendra Kumar’s team
The stock slipped below 200DEMA yesterday. If the stock slips below 217 then there is a possibility of further decline.
The stock crossed 20DEMA after October 4, hence a rise in the stock is possible.
Shorting was seen again in this
Share slipped below 20DEMA after October 23
5. Escorts Kubota (GREEN)
The stock came out of the consolidation range. The share is expected to reach the level of Rs 3460.
Update released—–
(Disclaimer: The views and investment advice expressed on Moneycontrol.com are the personal views and opinions of investment experts. Moneycontrol advises users to consult certified experts before taking any investment decision.)