Stock market today: In the afternoon deals, the S&P BSE SENSEX was trading at 81,023.36 levels, down 478 points, or 0.59%. The NSE NIFTY50 index was trading at 24,763.90 points, down 207 points, or 0.83%.
Here is a list of stocks that are buzzing in today's trade.
Kolte-Patil Developers: Shares of the company were trading 9% higher at ₹427.45 apiece on the BSE after the company released its Q2 business update.
The company said it achieved its highest-ever quarterly sales value of ₹770 crore during the September quarter (Q2FY25), showing an 8% rise on a quarter-on-quarter (Q-o-Q) basis and a 22% increase year-on-year (Y-o-Y).
Bajaj Auto, other auto stocks:
Bajaj Auto shares tumbled over 11% on Thursday a day after the company reported a decent set of numbers for the quarter ended September 30, 2024 (Q2 FY25). The management post the result declaration indicated weak festival season sales, which unnerved market participants, as per analysts.
The stock witnessed its biggest one-day fall since March 2020, as per news reports.
Other auto stocks too were trading with deep cuts. The NIFTY AUTO index was down over 3% at 25,104.90 points.
Nestle India: Shares of the FMCG major were trading over 3% lower at ₹2,386 apiece on the BSE after the company reported a 1% decline in Q2 consolidated net profit. The company said it faced a challenging external environment with muted consumer demand and high commodity prices.
Nestle India also witnessed a drop in Q2 volume.
Crisil: Shares were trading over 2.5% higher at ₹4913.35 apiece on the BSE after the company reported 13% growth in its consolidated net profit to ₹171.55 crore for the September quarter.
Its total income rose to ₹833 crore in the third quarter ended September from ₹771.84 crore in the year-ago period.
Mphasis: Mphasis shares were up over 6% at ₹3,095 apiece after the company reported a good set of numbers for the September quarter.
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Infosys: Infosys shares were trading nearly 3% higher at ₹1,972.30 apiece on the NSE ahead of its Q2 result, due later in the day.
Titagarh Rail: Shares of Titagarh Rail Systems were trading over 4% higher at ₹1,180.95 apiece on the BSE, a day after Morgan Stanley purchased over ₹85 crore worth of shares in the company.
Nalco: Shares of
National Aluminium Company (Nalco) were trading over 5% higher at ₹229.10 apiece on the BSE after China’s Housing Minister said they would adopt monetisation measures for urbanization projects.
Further, strong earnings by Alcoa Corporation boosted sentiment. It is one of the leading producers of aluminum.
Realty stocks: The real estate stocks took a heavy beating today. The Nifty Realty index was down 3.38% to 1,048.30 levels.
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