The Indian market may open higher Thursday tracking strength in global peers as investors awaited a clear result from the US election. At 7:40 am, the SGX Nifty was trading 169.50 points or 1.42percent higher at 12,077.50, indicating a positive start for the Sensex and Nifty50.
Here are the top 10 buzzing stocks for today:
1. PVR, Inox Leisure: The Maharashtra government has allowed cinema halls/theatres/multiplexes to open with 50 percent capacity from November 5.
2. HPCL: The company reported a net profit of Rs 2,477.4 crore in Q2FY21 as against Rs 1,052.3 crore while revenue declined 14.9 percent to Rs 51,773.3 crore from Rs 60,868.4 crore, YoY. Q2 Gross Refining Margin was at $5.11/bbl versus $2.83, YoY. The board approved Rs 2,500 crore share buyback at Rs 250 per share.
3. Tata Motors: S&P has revised the company’s outlook to Negative.
4. United Spirits: The company’s net profit in Q2FY21 declined 42.8 percent to Rs 128.4 crore from Rs 223.6 crore and revenue fell 6.5 percent to Rs 2,145.9 crore from Rs 2,296.2 crore, YoY.
5. Indian Hotels: The company posted a consolidated loss at Rs 230 crore in Q2FY21 against a profit of Rs 71.3 crore, revenue dropped to Rs 257 crore from Rs 1,007 crore YoY.
6. Jubilant Life Sciences: The company’s net profit in Q2FY21 fell 10 percent to Rs 224 crore from Rs 249 crore while revenue declined 4.8 percent to Rs 2,375 crore from Rs 2,266 crore, YoY.
7. Pidilite Industries: The company’s net profit in Q2FY21 rose 9.7 percent to Rs 356.4 crore from Rs 325 crore while revenue rose 4.1 percent to Rs 1,880.3 crore from Rs 1,806.6 crore, YoY.
8. Godrej Agrovet: The company reported a higher consolidated profit at Rs 115.5 crore in Q2FY21 as compared to Rs 102.6 crore while revenue declined to Rs 1,723.9 crore from Rs 1,851.1 crore, YoY.
9. JK Lakshmi Cement: The company’s net profit in Q2FY21 rose 75.5 percent to Rs 80.6 crore from Rs 45.9 crore while revenue increased 11.7 percent to Rs 1,045 crore from Rs 935 crore, YoY.
10. Apollo Tyres: The company’s net profit in Q2FY21 jumped to Rs 200 crore from Rs 83.1 crore and revenue increased 7.4 percent to Rs 4,282.6 crore from Rs 3.985.8 crore, YoY.