5 stocks that moved the most on January 31: gainers and losers

Auto, pharma, IT, oil & gas, PSU bank, and real estate all increased 1-3 percent. Midcap and smallcap indices on the BSE gained 1-1.7 percent.

The Indian stock market is expected to open higher today, with the SGX Nifty up 150 points to 17,268. After trading with significant gains for the bulk of the session, benchmark indices closed lower on Friday. The Sensex fell 884 points from its day’s high, closing 77 points lower at 57,200 in a highly turbulent session. The late sell-off was mostly triggered by banking and auto stocks.

The Nifty traded in a range of gains and losses before closing at 17,101.95, down 8.20 points or 0.05 percent. The biggest Sensex losers were Maruti, Tech Mahindra, PowerGrid, ICICI Bank, Axis Bank, and SBI, with losses of up to 3%.

Here are some stocks that are expected to continue to be in the news today.

Today’s earnings:

Sun Pharma, Tata Motors, Indian Oil Corporation, DLF, Bharat Petroleum, UPL, Hindustan Petroleum, Vinati Organics, Navin Fluorine International, Ajanta Pharma, KPIT Technologies, UCO Bank, Exide Industries, KEC International, and Poly Medicure are among the companies whose third-quarter earnings will be released today.

AGS Transact Technologies: The omni-channel payment solution provider’s stock will be watched closely today as it makes its market debut. The company raised Rs 680 crore in its first public offering, which took place between January 19 and 21, selling shares at a price range of Rs 166-175 each.

Kotak Mahindra Bank: The private sector lender’s standalone net profit increased 14.94 percent year on year (YoY) to Rs 2,131 crore from Rs 1,854 crore in the previous fiscal year, according to a regulatory filing.

Larsen and Toubro: The engineering company reported a 16.7% drop in consolidated net profit for the quarter ended December 2021, to Rs 2,054.74 crore, compared to Rs 2,466.71 crore in the previous fiscal.

IndusInd Bank: The private sector lender increased its net profit by 49% to Rs 1,241.55 crore in the December quarter.

Britannia Industries: The world’s largest food manufacturer reported an 18.4% drop in total net profit to Rs 369.18 crore in the December 2021 quarter, owing to higher raw material input prices. In the October-December quarter of the previous year, the company made a net profit of Rs 452.64 crore.

NTPC: The state-run corporation recorded a 19% increase in its consolidated net profit in the December quarter, to Rs 4,626.11 crore, compared to Rs 3,876.36 crore in the quarter ended December 31, 2020.

Vedanta: The mining company’s total net profit increased by 26.2 percent to Rs 4,164 crore for the quarter ended December 31, 2021, compared to Rs 3,299 crore the previous year.

Marico: The FMCG company’s consolidated net profit increased by 1.6 percent to Rs 317 crore in the third quarter of this year, compared to Rs 312 crore in the previous quarter.

Oberoi Realty: The Mumbai-based real estate firm reported a 63 percent increase in consolidated net profit in the third quarter, to Rs 467.53 crore, compared to Rs 286.65 crore in the previous quarter.

MCX: The leading commodity exchange reported a 52 percent drop in consolidated net profit in Q3 to Rs 34.46 crore, compared to Rs 71.80 crore in the previous fiscal’s similar period.