Top 20 Stocks Today- Wipro’s profit and income in the third quarter were better than expected. Margins were also the best in three years at 17.5%. Its ADR showed a jump of more than 4 percent. Tech Mahindra’s CC revenue grew by more than one percent, better than expected. Its margins also showed improvement. Because of this, action can be seen in the shares of other IT companies along with these companies today. The market will keep an eye on the shares of these companies. Whereas in the show Sitadha Sauda on CNBC-Awaaz, 20 strong stocks including WIPRO and CHAMBAL FERTILIZERS 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 increased from Rs 22,196 crore to Rs 22,285 crore. EBIT in Q3 increased to Rs 3,899 crore from Rs 3,732 crore. EBIT margin increased from 16.8% to 17.5% in Q3. The company has declared an interim dividend of Rs 6/share in Q3.
On a quarterly basis, Q3 income declined to Rs 13,286 crore from Rs 13,313.2 crore. EBIT in Q3 increased to Rs 1,350 crore from Rs 1,280.4 crore. EBIT margin rose 9.6% to 10.2% in Q3
3) KOTAK MAHINDRA BANK (GREEN)
On annual basis, profit increased from Rs 3,005 crore to Rs 3,304.8 crore. NII increased from Rs 6,553.5 crore to Rs 7,196.3 crore. Net NPA declined from Rs 1,723.8 crore to Rs 1,681 crore. Gross NPA increased from Rs 6,033.2 crore to Rs 6,266.3 crore.
4) BALRAMPUR CHINI (GREEN)
Action may be seen in Chinese shares today. Government may approve export of 10 lakh tonnes of sugar in the current season
Hyderabad’s Pashmilaram plant gets EIR from USFDA
Use first and second base for buying in Nifty, know the base levels for trading today
Virendra Kumar’s team
1) AARTI INDUSTRIES (GREEN)
The stock closed above 50DEMA after August 12. Therefore the stock may see a rise
The stock closed at a record high on Friday, the stock may show strength
3) CHAMBAL FERTILIZERS (GREEN)
The stock closed above all the moving averages on Friday, hence a rise may be seen in the stock.
The stock closed above 20DEMA after October. Shares may show strength
The stock closed above 50DEMA after September 30. This stock may see a rise
Update released—–
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