Gainers & Losers: Zomato among top 6 stocks that caught attention today
1/7
Newsmakers of D-Street
With metals and financial stocks leading the rally on Friday, Sensex rose 130 points to end near the 59,500 mark while Nifty closed below 17,700. ONGC, NTPC and Tata Steel were among the top gainers in Nifty, while Divi's Lab, Apollo Hospitals and IT stocks were a drag.
Here are a handful of stocks that were in focus today:
Here are a handful of stocks that were in focus today:
2/7
Grasim
Grasim rallied over 3 per cent to hit a day's high at Rs 1,653.75. Grasim reported a 67.9 per cent jump in its standalone Q1 profit to Rs 808.6 crore against Rs 481.6 cr in the year-ago period. The company's revenue jumped 92.8 per cent to Rs 7,253 crore in the June quarter.
3/7
Divi's Lab
Divi's Lab ended 5.5 per cent lower at Rs 3,730. The pharma major reported a 26 per cent year-on-year (YoY) rise in consolidated net profit at Rs 702 crore for the June quarter compared with Rs 557 crore in the same quarter last year.
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4/7
Balaji Amines
Balaji Amines ended 4.2 per cent lower at Rs 3,540. Bajaji Speciality Chemicals, an arm of Balaji Amines, filed its draft red herring prospectus with capital markets regulator Sebi to float its initial public offering (IPO).
5/7
Ador Welding
Ador Welding ended over 7 per cent lower at Rs 801. The electrodes firm reported a 22 per cent decline in the consolidated net profit on a quarter-to-quarter basis to Rs 10.40 crore in June 2022 quarter. The company had reported a net profit of Rs 13.19 crore in the March 2022 quarter.
6/7
Paytm
Paytm ended nearly 5 per cent lower at Rs 786 after Institutional Investor Advisory Services India (IIAS) advised shareholders of Paytm parent to vote against the reappointment of Vijay Shekhar Sharma as its chief executive as well as against his remuneration.
7/7
Zomato
Zomato ended nearly 7 per cent higher at Rs 61.80. After major exits by Uber and Tiger Global, the stock seems to be on a recovery path amid bottom fishing.