Page 8 - Stock To Watch
Paytm Q1 preview: Net loss could narrow to Rs 646 cr on solid lending biz
Paytm Q1FY23 results: JPMorgan pegs net loss at Rs 672.3 crore, down from Rs 761 crore QoQ
 "Paytm Q1 preview: Net loss could narrow to Rs 646 cr on solid lending biz")
Zomato preview: Experts expect Q1 loss to narrow; revenue may rise 59% YoY
Analysts expect the Gurgaon-based firm's net loss to contract to Rs 315 crore in Q1FY23 from Rs 360.7 crore in the year-ago period.
 "Zomato preview: Experts expect Q1 loss to narrow; revenue may rise 59% YoY")
TVS Motor surges 10%, hits all-time high post strong June quarter results
In the past three months, the stock of TVS Motor outperformed the market as it surged 46 per cent, as compared to marginal 0.34 per cent rise in the S&P BSE Sensex.
 "TVS Motor surges 10%, hits all-time high post strong June quarter results")
Bajaj Finserv surges 10% after board approves 1:1 bonus, 1:5 stock split
In the past three trading sessions, the stock has gained 16 per cent after the company announced their plan for stock split and bonus issue.
 "Bajaj Finserv surges 10% after board approves 1:1 bonus, 1:5 stock split")
SpiceJet hits 2-year low after DGCA cuts 50% flight ops; stock slips 10%
Indian aviation regulator DGCA directed the low-cost airline to operate only 50 per cent of its flights for eight weeks.
 "SpiceJet hits 2-year low after DGCA cuts 50% flight ops; stock slips 10%")
ITC hits over 3-year high as FPIs hike stake; stock up 40% so far this year
FPIs holding in ITC increased to 12.68% in June quarter from 11.99% in the preceding quarter and 9.99% at the end of December quarter.
 "ITC hits over 3-year high as FPIs hike stake; stock up 40% so far this year")
Page Ind hits record high on strong growth outlook; stock up 17% in July
The company aims at capacity expansion and increased infrastructure and facilities to meet growth in demand.
 "Page Ind hits record high on strong growth outlook; stock up 17% in July")
L&T gains 4% after net profit spikes 45% YoY to Rs 1,702 crore in Q1FY23
Analysts believe that the company's strong order book position at Rs 363,448 crore suggests good revenue visibility in the coming years.
 "L&T gains 4% after net profit spikes 45% YoY to Rs 1,702 crore in Q1FY23")
Sandur Manganese turns ex-date for rights issue; stock zooms 50% in 7 days
On April 10, 2022, the board had approved rights issue in the ratio of 2 rights equity shares for every 1 equity share as on record date at a price of Rs 10 per share.
 "Sandur Manganese turns ex-date for rights issue; stock zooms 50% in 7 days")
Chip crunch, high RM to dent Bajaj Auto's margins in Q1FY23, say analysts
Analysts, on average, expect the revenue to fall up to 7 per cent quarter-on-quarter (QoQ) to Rs 7,416 crore in Q1FY23.
 "Chip crunch, high RM to dent Bajaj Auto's margins in Q1FY23, say analysts")
Infosys Q1FY23 results: Here's how brokerages have interpreted the numbers
Going ahead, brokerages believe that the margin headwinds like travel costs, wage inflation will continue to persist in Q2FY23 as well.
 "Infosys Q1FY23 results: Here's how brokerages have interpreted the numbers")
Stocks to watch: TCS, Tata Motors, Mahindra Holidays, D-Mart, Adani Group
Stocks to watch today: IT behemoth TCS net profit grew 5.2 per cent year-on-year (YoY) to Rs 9,478 crore in Q1FY23; Tata Motors hiked prices across passenger vehicle range by 0.55 per cent.
 "Stocks to watch: TCS, Tata Motors, Mahindra Holidays, D-Mart, Adani Group")
Sensex up 303 pts, Nifty tops 16,200; banks, FMCG shine; metals sole losers
CLOSING BELL: L&T, PowerGrid, NTPC, ICICI Bank, DR Reddy's Labs, Axis Bank, Bharti Airtel, and Nestle India were the top large-cap gainers
 "Sensex up 303 pts, Nifty tops 16,200; banks, FMCG shine; metals sole losers")
Craftsman Automation rallies 6%, hits 8-month high on improved outlook
The company expects sustained improvement in business performance over the medium term driven by the recovery in offtake from automobile sector.
 "Craftsman Automation rallies 6%, hits 8-month high on improved outlook")
Voltamp Transformers zooms 77% in 2 months on strong results & MF buying
HDFC Mutual Fund increased stake in Voltamp Transformers to 5.25 per cent from 4.45 per cent held at the end of March quarter 2022
 "Voltamp Transformers zooms 77% in 2 months on strong results & MF buying")
Tarsons Products hits 8-month high on heavy volume; soars 20% in a week
In the past six months, the stock soared 32 per cent, as against 9 per cent decline in the S&P BSE Sensex.
 "Tarsons Products hits 8-month high on heavy volume; soars 20% in a week")
Avenue Supermarts gains 11% in three days post June quarter 2022 biz update
The company is scheduled to announce June quarter results on Saturday, July 9, 2022.
 "Avenue Supermarts gains 11% in three days post June quarter 2022 biz update")
PSP Projects rallies 11%, nears record high on strong order book position
In the past 11 trading days, the stock price of PSP Projects has zoomed 31 per cent after promoters bought shares from the open market.
 "PSP Projects rallies 11%, nears record high on strong order book position")
Sensex falls 111 pts, Nifty holds 15,750; RIL sinks 7%, MRPL 10%
Benchmark indices swung wildly in trade on Friday after the government's move to tax oil refiners' windfall gain amid soaring crude oil prices hurt index heavyweight Reliance Industries' stock
 "Sensex falls 111 pts, Nifty holds 15,750; RIL sinks 7%, MRPL 10%")
Parag Milk Foods slips 12%, stock hits 52-week low as Q4 loss widens
For the financial year 2021-22, Parag Milk Foods reported a loss of Rs 532.50 crore, due to one-time write down of Rs 509.50 crore.
 "Parag Milk Foods slips 12%, stock hits 52-week low as Q4 loss widens")