The Indian market is likely to open little lower Friday as the trend on SGX Nifty indicates a mildly negative start for the broader index in India. The Nifty futures were trading 20.00 points or 0.13 percent lower at the 15,178.00 level on the Singaporean Exchange at 7:55 am.
Here are the top 10 buzzing stocks for today:
1. Aviation Stocks
: DGCA has raised minimum and maximum fare by 10-30 percent across domestic sectors.
2. Sun Pharmaceutical Industries: The company and its senior officials, including MD Dilip Shanghvi, settled a case with Sebi pertaining to an alleged violation of listing obligation and disclosure requirements norms. According to separate settlement orders, Sun Pharmaceutical paid over Rs 56.11 lakh towards settlement charges and Shanghvi paid Rs 62.35 lakh.
3. Infosys: The IT services major will invest an additional USD 1 million (about Rs 7.2 crore) in ideaForge Technology, a UAV systems manufacturing company.
4. ITC: The company’s Q3FY21 consolidated net profit fell 11.4 percent to Rs 3,587.09 crore from Rs 4,050.4 crore, while revenue rose 6.1 percent to Rs 14,124.48 crore from Rs 13,307.54 crore, YoY. Cigarette business revenue grew 2.5 percent YoY to Rs 6,091.17 crore. The company has declared an interim dividend of Rs 5 per share.
5. Ashok Leyland: The company posted a net loss of Rs 19.4 crore in Q3FY21 against a profit of Rs 27.7 crore in Q3FY20, revenue rose 20 percent to Rs 4,813.5 crore from Rs 4,015.6 crore, YoY.
6. Power Grid Corporation: The company’s net profit in Q3FY21 rose 26 percent to Rs 3,367.7 crore from Rs 2,672 crore, while revenue increased 8.3 percent to Rs 10,142.5 crore from Rs 9,364.4 crore, YoY.
7. ACC: The company’s Q3FY21 net profit rose 72.9 percent to Rs 472.4 crore from Rs 273.3 crore, while revenue increased 2.1 percent to Rs 4,144.7 crore from Rs 4,060.3 crore, YoY.
8. Oil India: The company’s Q3FY21 net profit rose 25.4 percent to Rs 889.69 crore from Rs 709.39 crore, while revenue fell 27.72 percent to Rs 2,137.34 crore from Rs 2,957.19 crore, YoY.
9. NHPC: The company’s Q3FY12 net profit rose 50 percent to Rs 961.64 from Rs 639.13 crore, while total income increased to Rs 2,610.69 crore from Rs 2,279.45 crore, YoY. The company declared an interim dividend of Rs 1.25 per equity share.
10. Karur Vysya Bank: The bank’s Q3FY21 net profit jumped 133 percent to Rs 35 crore from Rs 15 crore, while net interest income rose to Rs 584 crore from Rs 577 crore, YoY.