Lupin, Maruti Suzuki and HDFC among top 10 stocks that trended today
Shares of Lupin tumbled nearly 6 per cent in trade on Tuesday after the
drug major reported a 35 per cent slump in its standalone net profit at
Rs 409 crore.
BusinessToday.In- New Delhi,
- Updated Oct 27, 2015 4:43 PM IST
Shares of HDFC slipped 3 per cent in trade on Tuesday even as country's largest mortgage lender met analysts' estimates for the September quarter earnings. Photo: Reuters
Extending losses for the second consecutive session, the domestic markets ended the day in red on Tuesday as companies posting disappointing earnings such as Lupin fell, while investors turned cautious ahead of US Federal Reserve meeting later in the day and Bank of Japan policy meet later in the week.
The S&P BSE Sensex ended the day 108.52 points lower at 27,253.44, while broader CNX Nifty fell below its crucial support level of 8,250 to end at 8,232.90, down 27.65 points.
Market breadth was negative with 17 of 30 Sensex stocks ending the day in red.
Here are top stocks that will remain in focus today:
- Maruti Suzuki India: Japanese carmaker's unit Maruti Suzuki ended 2.44 per cent up after the company posted a net profit of Rs 1,225.56 crore in the second quarter of the current fiscal compared to Rs 862.54 crore for the quarter ended September 30, 2014.
- Lupin: Shares of Lupin tumbled nearly 6 per cent in trade on Tuesday after the drug major reported a 35 per cent slump in its standalone net profit at Rs 409 crore in the September quarter . The firm posted Rs 630 crore net profit for the quarter ending September 30 2015. The stock was the top Sensex loser and ended the day 5.25 per cent down after hitting an intraday low of Rs 1932.90, down 5.86 per cent on the Bombay Stock Exchange (BSE).
- HDFC: Shares of HDFC slipped 3 per cent in trade on Tuesday even as country's largest mortgage lender met analysts' estimates for the September quarter earnings.The stock ended 2.87 per cent down after hitting an intraday low of Rs 1273, down 3.03 per cent on the Bombay Stock Exchange (BSE).
- Bharti Airtel: Shares of Bharti Airtel ended flat after falling nearly 1 per cent intraday on Tuesday. Telecom major on Monday said it may invest an additional $200-400 million in the current financial year to ramp up 3G and 4G infrastructure.
- Elder Pharmaceuticals: Shares of Elder Pharmaceuticals ended 2.8 per cent down after the Troubled drugmaker said it has been going through tough cash flow situations but asserted it is on the recovery path and has substantial asset base to cover all liabilities.
- UPL: Shares of UPL settled the day 4.65 per cent up after the agri-chemicals major reported an 11.53 per cent rise in its consolidated net profit at Rs 185.21 crore for the quarter ended on September 30, on account of increase in income.
- JSW Energy: Shares of JSW Energy added 3.46 per cent after the company said it has proposed to delist its step down subsidiary South African Coal Mining Holding (SACMH) on Johannesburg Stock Exchange.
- Apollo Hospitals: Shares of Apollo Hospitals ended 2.66 per cent down after the healthcare major joined hands with WWF-India for providing immediate medical relief and support to forest guards in case of a severe medical emergency while they are on duty.
- Manpasand Beverages: Shares of Gujarat-based Manpasand Beverages ended 1.42 per cent up after the company entered into a retail tie-up with ice cream and food retailing major Havmor Ice Cream to expand its reach in urban areas.
- Rural Electrification Corp: State-run Rural Electrification Corp settled at Rs 255.55, up 1.45 per cent after the company said it is likely to raise Rs 700 crore through public issue of tax-free non-convertible bonds.
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Published on: Oct 27, 2015 10:06 AM IST