The Indian market is likely to open lower as the SGX Nifty, an early indicator of Indian market was trading 40.00 points or 0.51 percent lower at 12,744.00 at 8:30 am.
Here are the top 10 buzzing stocks for today:
1. Aviation companies: The airline stocks, InterGlobe Aviation and SpiceJet will be in focus after the government increased domestic flight capacity to 70 percent from 60 percent earlier.
2. Coal India: The company’s net profit in Q2FY21 fell 16.2 percent to Rs 2,951.6 crore from Rs 3,522.9 crore while revenue increased 3.8 percent to Rs 21,153.1 crore from Rs 20,382.6 crore, YoY.
3. PowerGrid Corporation: The company’s net profit in Q2FY21 rose 20.3 percent to Rs 3,094.1 crore from Rs 2,571.1 crore while revenue increased 5.3 percent to Rs 9,529.7 crore from Rs 9,051.3 crore, YoY.
4. Shree Cement: The company’s standalone net profit in Q2FY21 rose 77.1 percent to Rs 547.2 crore from Rs 309 crore while revenue rose 7.9 percent to Rs 3,022.8 crore from Rs 2,801.7 crore, YoY.
5. Aurobindo Pharma: The company’s net profit in Q2FY21 rose 26 percent to Rs 805.6 crore from Rs 639.5 crore while revenue increased 15.8 percent to Rs 6,483.3 crore from Rs 5,600.5 crore, YoY.
6. Indiabulls Housing Finance: The company’s net profit in Q2FY21 rose 18.3 percent to Rs 323 crore from Rs 273 crore while net interest income rose 2.6 percent to Rs 750 crore from Rs 731 crore, QoQ.
7. Gujarat State Petronet: The company’s net profit in Q2FY21 fell 28.4 percent to Rs 498.6 crore from Rs 696.2 crore while revenue declined 2.1 percent to Rs 2,980.4 crore versus Rs 3,043.2 crore, YoY.
8. SpiceJet: The company reported loss at Rs 105.6 crore in Q2FY21 as against loss at Rs 461.2 crore while revenue fell to Rs 1,070.5 crore from Rs 2,848.3 crore, YoY.
9. Ashoka Buildcon: The company reported a higher profit at Rs 70.4 crore in Q2FY21 against Rs 11.4 crore, revenue increased 14.6 percent to Rs 1,189.3 crore from Rs 1,037.8 crore YoY.
10. Brigade Enterprises: The company reported a loss of Rs 30.6 crore in Q2FY21 as against a profit of Rs 37.6 crore, YoY. Revenue fell 57.7 percent to Rs 310.8 crore from Rs 735.3 crore, YoY.