It was a profitable Tuesday in the market. Today Nifty climbed 57 points to close above 15,850. Sensex also managed to close at 52,700 level with a gain of 222 points. Along with this, a gain of 297 points was recorded in Nifty Bank. In today’s session, good buying was seen in realty, banking, FMCG, cement, media and paper stocks. While Pharma, CPSE stocks remained under pressure. The market closed for the third consecutive day. The Midcap index also had a record closing and the Nifty FMCG index closed at a record high.
The biggest movement in these stocks today
Adani Group stocks | After clearing the MARKET CAP of about 7 BILLION DOLLAR’s, ADANI GROUP, NSDL and all three FPIS presented their explanation and said that all three are DEMAT ACCOUNT ACTIVE. After this cleaning, today ADANI PORT and ADANI ENT declined, but other shares of the group remained under pressure.
Coal India | CMP: Rs 157.10 | In the last quarter of the financial year 2020-21, the Consolidated Net Profit of Coal India Limited (CIL), the world’s largest coal producing company, decreased marginally by 0.8%. Coal India’s net profit in Q4 stood at Rs 4,588.96 crore as against Rs 4,655.76 crore in the same period last year. The market did not like the company’s results and the stock closed in the red today.
Jubilant Foodworks | CMP: Rs 3,188 | After the results, the stock closed in the red today. In the fourth quarter, the company has posted a profit of Rs 104.3 crore as against Rs 21 crore in the corresponding period of last year. In the fourth quarter, the company’s income has also seen a growth of 14.3 percent on a yearly basis and it has been at Rs 1025.9 crore.
Whirlpool | CMP: Rs 2,353 | The company presented its results today. The company’s profit in the fourth quarter has seen a growth of 40.8 percent and has increased from Rs 92.3 crore to Rs 130 crore. During this period, the company’s income has also shown a growth of 31.5 percent on a yearly basis and has increased from Rs 1,353,6 crore to 1,779.4 crore. Today the stock managed to gain 7 per cent.
Power Finance Corporation | CMP: Rs 127.75 | Today this stock has seen a decline of 1 percent. The company has presented its fourth quarter results. The company has made a profit of Rs 3,906 crore during this period. Whereas in the fourth quarter of last year, the company had a profit of Rs 694 crore. During this period, the company’s income has also shown an increase of 12.1 percent on a yearly basis and it has been Rs 18149 crore.
HDFC Bank | CMP: Rs 1,490.20 | Today this stock has also closed in the green mark. The bank’s board meeting will be held on June 18. In which dividend will be considered for the financial year ended 31 March 2021.
Jaiprakash Power Ventures | CMP: Rs 5.10 | The stock gained 4 per cent today on the back of strong fourth quarter results. The company has made a profit of Rs 215.32 crore in the fourth quarter. Whereas in the same period last year, the company had a loss of Rs 70.91 crore.
Va Tech Wabag | CMP: Rs 357.20 | Today this stock has seen a decline of 2 percent. The news of the sale of 7.6 lakh or 1.23 percent equity stake of the company in the open market by Porinju Veliyath-owned Equity Intelligence India and EQ India Fund had a negative impact on this stock.
Nelcast | CMP: Rs 77.95 | Despite weak results, the stock saw a gain of 2 per cent today. The company’s profit in the fourth quarter has seen a decline of 71 per cent year-on-year and it has come down from Rs 22.9 crore to 66 million.
Spandana Sphoorty | CMP: Rs 714.90 | Today the stock is up 2 per cent. The company’s board has approved the proposal to issue NCDs worth Rs 675 crore on a private placement basis.
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