Stock market today: The domestic equity market was trading in negative territory in noon deals on Friday, January 3; however, it was off the day's lows.
At 12:13 PM, the S&P BSE SENSEX was trading at 79,617.57, down
326.14 points, or 0.41%. The NSE's NIFTY50 index was trading at 24,113.10, down 75.55 points, or 0.31%.
Here is a list of stocks that are buzzing in today's trade.
Wockhardt: Shares of Wockhardt climbed as much as 9.43% to ₹1,582.95 apiece on the NSE on Friday, January 3, as the Central Drugs Standard Control Organization (CDSCO) has approved the pharma major's new-generation oral antibiotic Miqnaf (nafithromycin) as a new treatment for community-acquired bacterial pneumonia (CABP) in adults.
Miqnaf is an ultra-short course, once-a-day, 3-day treatment for CABP, including those caused by multi-drug-resistant (MDR) pathogens.
READ MOREAvenue Supermarts: Shares of Avenue Supermarts, the owner and operator of supermarket chain DMart, zoomed as much as 15% to ₹4,152.75 apiece on the NSE on Friday, January 3, after the company shared its December quarter (Q3 FY25) business update.
The company said its standalone revenue from operations for the quarter ended (QE) on December 31, 2024, stood at ₹15,565.23 crore, up 17.49% YoY.
As of December 31, 2024, the total number of stores stood at 387. This implies that the company added 10 new stores during the said quarter.
READ MOREHero MotoCorp: Shares of Hero MotoCorp slipped as much as 3.45% to ₹4,162.45 apiece on the NSE after the company reported sluggish monthly business updates for December.
Hero MotoCorp sold 324,906 motorcycles and scooters in December 2024, down 17.53% from December 2023. In the domestic business, the company sold 294,152 units in December 2024, while it exported 30,754 units during the same month.
READ MOREV-Mart Retail: Shares of the company rose as much as 4.57% to ₹4,039.30 apiece on the NSE after the company registered a revenue of ₹1,016 crore for the third quarter of the current fiscal year (Q3 FY25), while the Lime Road digital marketplace—the online arm of the company—reported a revenue of ₹11 crore, making a total revenue of ₹1,027 crore.
However, at the time of writing this report, the stock was trading flat.
IRFC: Shares of
Indian Railway Finance Corp. Limited (IRFC), the dedicated financial institution of Indian Railways, gained over 3% to ₹156.80 apiece on the NSE on Friday after the company signed an agreement with another public sector unit (PSU), REMC Limited, to collaborate on financing renewable energy (RE) projects.
Cupid: Shares were trading nearly 6% higher at ₹80.23 apiece on the NSE as the company has received a purchase order from the Medical Stores Department, Government of Tanzania, for the supply of male condoms worth around ₹14.91 crore.
Lloyds Engineering Works: The stock was trading 13.37% higher at ₹86.99 apiece on the NSE. The company is primarily engaged in the design, manufacturing, and commissioning of heavy equipment, machinery, & systems.
Jai Corp: Shares of the company were down 8.7% at ₹226.80 apiece on the NSE. The stock price has slipped 43% in the past 12 months.
MOIL: Shares of
MOIL were trading 3.28% higher at ₹349.35 apiece on the NSE, a day after the PSU said that the October-December period in 2024 was its best-ever third quarter in terms of performance.
In the quarter ended December, the mining company had produced 4.6 lakh tonne of manganese ore.
Sales too were at their best, as the state-owned public sector undertaking recorded 13% more business compared to the corresponding period last year.
V2Retail: Shares of the company were frozen at a 5% upper circuit limit at ₹1,728.85 apiece on the NSE after the company on Thursday reported a 58.1% increase in standalone revenue from operations to Rs 591.03 crore for the December quarter.
The value retailer reported revenue from operations of Rs 373.76 crore in the October-December quarter a year ago, V2 Retail told the BSE in a regulatory filing.
Bank of Maharashtra: The lender reported its Q3 business update for FY25, with total business rising 16.9% year-on-year to ₹5.08 lakh crore, up from ₹4.34 lakh crore in the previous year.
Gross advances rose by 21.2% to ₹2.29 lakh crore, driven by robust credit demand. Total deposits climbed 13.5% year-on-year to ₹2.79 lakh crore from ₹2.46 lakh crore.
Shares were trading 5% higher at ₹55.39 apiece on the NSE.
.png)
