Moneycontrol PRO

Gainers & Losers: 10 stocks that moved the most on July 12

Eicher Motors, Hindalco Industries, Infosys, BPCL and Nestle were among the top Nifty losers. Shree Cements, NTPC, Coal India, Adani Ports and Bharti Airtel were among the biggest gainers

July 12, 2022 / 04:38 PM IST
Benchmark indices ended lower for the second consecutive day on July 12 with Nifty below 16,100. At close, the Sensex was down 508.62 points or 0.94% at 53,886.61, and the Nifty was down 157.70 points or 0.97% at 16,058.30.
Indian benchmark indices ended lower for the second day on July 12, with a strong dollar, weak global cues and the possibility of the US Fed sticking to aggressive rate hikes weighing on sentiment. At close, the Sensex was down 508.62 points, or 0.94%, at 53,886.61, and the Nifty was down 157.70 points, or 0.97%, at 16,058.30.
HFCL: Stock of the telecom company was held by 16 mutual fund schemes. The stock gained about 180 % in the last one year.
HFCL | CMP: Rs 65.85 | Shares of HFCL surged over 5 percent on July 12 after the company received a Rs 59.22-crore order from a telecom company in India. Purchase orders was issued by a leading telecom operator in the country for its fibre-to-the-home (FTTH) network and long-distance fibre network in various telecom circles.
Eureka Forbes | CMP: Rs 415.30 | The share price of Eureka Forbes surged 12 percent on July 12, a day after the company confirmed the appointment of former Jubilant Foodworks chief executive officer (CEO) Pratik Pota as its new executive head. Pota, who has been appointed the CEO and managing director of the company for five years, will begin his term on August 16. Pota resigned as the chief executive of Jubilant Foodworks on March 11 ahead of a move to Eureka Forbes, best known for Aquaguard water purifiers and vacuum cleaners.
Eureka Forbes | CMP: Rs 415.30 | The share price of Eureka Forbes surged 12 percent on July 12, a day after the company confirmed the appointment of former Jubilant Foodworks chief executive officer (CEO) Pratik Pota as its new executive head. Pota, who has been appointed the CEO and managing director of the company for five years, begins his term on August 16. Pota resigned as the chief executive of Jubilant Foodworks on March 11 ahead of a move to Eureka Forbes, best known for Aquaguard water purifiers and vacuum cleaners.
Ahluwalia Contracts | CMP: Rs 443.15 | Ahluwalia Contracts India share price rose nearly 7 percent after company secured the new order for construction work of Amity Campus Bengaluru aggregating to around Rs 150 crore from Ritnand Salved Education Foundation. The total order inflow during the FY 2022-23 now stands at Rs 863 crore, the company said.
Ahluwalia Contracts | CMP: Rs 443.15 | Ahluwalia Contracts India share price rose nearly 7 percent after the company secured an order for the construction of Amity Campus Bengaluru aggregating to around Rs 150 crore from Ritnand Salved Education Foundation. The total order inflow during the FY 2022-23 now stands at Rs 863 crore, the company said.
HCL Technologies | CMP: Rs 928.05 | HCL Technologies share price touched 52-week low of Rs 925, falling 1.6 percent as company is going to declare their results on July 12 for the quarter ended June 2022. According to a pool of brokerage reports that Moneycontrol has access to, the company is expected to report a profit after tax (PAT) of Rs 3,200–3,400 crore for the reported quarter, registering a flat to mid-single digit on-year growth. Sequentially, however, the profits are expected to take a dip of about 6–10 percent. Revenues for the quarter are likely to come in at Rs 23,400 crore at an on-year growth of 16 percent, while the sequential growth in revenue is likely to be a modest 3 percent.
HCL Technologies | CMP: Rs 928.05 | HCL Technologies' share price slipped to a 52-week low of Rs 925, falling 1.6 percent a day ahead of the company's June quarter results. According to a pool of brokerage reports that Moneycontrol has access to, the company is expected to report a profit after tax (PAT) of Rs 3,200–3,400 crore for the reported quarter, a flat to mid-single digit on-year growth. Sequentially, however, the profits are expected to take a dip of about 6–10 percent. Revenue for the quarter is likely to come in at Rs 23,400 crore at an on-year growth of 16 percent, while the sequential growth in revenue is likely to be a modest 3 percent.
Rail Vikas Nigam | CMP: Rs 31.60 | Rail Vikas Nigam Limited (RVNL) share price gained 2 percent after RVNL - SP Singla Constructions Pvt. Ltd. (Consortium) has been awarded Letter of Acceptance (LoA) by National Highways Authority of India (NHAI) regarding Construction of 4 laning of NH-5 from Kaithlighat to Shakral Village in Himachal Pradesh on Hybrid Annuity Mode. The total estimated cost of the project is Rs 1844.77 crore.
Rail Vikas Nigam | CMP: Rs 31.60 | Rail Vikas Nigam Limited (RVNL) share price gained 2 percent after RVNL-SP Singla Constructions Pvt Ltd (Consortium) was awarded letter of acceptance (LoA) by the National Highways Authority of India (NHAI) for the four-laning of NH-5 from Kaithlighat to Shakral Village in Himachal Pradesh on hybrid annuity mode. The estimated cost of the project is Rs 1,844.77 crore.
NMDC | CMP: Rs 103.25 | NMDC share price fell over 5 percent on July 12 after company revised prices of Lump Ore & Fines. The company fixed prices of Lump Ore (65.5%, 6-40mm) at Rs 3,900/- per ton and Fines (64%, - 10mm) at Rs 2,810/- per ton.
NMDC | CMP: Rs 103.25 | NMDC share price fell over 5 percent on July 12 after the company revised the prices of lump ore and fines. The company fixed the price of lump ore (65.5%, 6-40mm) at Rs 3,900 a ton and fines (64%, - 10mm) at Rs 2,810 a ton.
Techno Electric & Engineering Company | CMP: Rs 299.35 | Shares of Techno Electric & Engineering Company fell over 5 percent after company's board of directors approved the proposal to buy back fully paid-up Equity Shares of the company of face value of Rs 2 each from the members of the company payable in cash, for an amount aggregating up to Rs 130 crores at a price not exceeding Rs 325 per equity share, through the open market route.
Techno Electric & Engineering Company | CMP: Rs 299.35 | Shares of Techno Electric & Engineering Company fell over 5 percent after the board of directors approved the proposal to buy back fully paid-up equity shares of the face value of Rs 2 each from the members of the company payable in cash for an amount aggregating up to Rs 130 crores at a price not exceeding Rs 325 per share through the open market route.
Goa Carbon | CMP: Rs 471.25 | Goa Carbon share price ended higehr on July 12 after comapny reported net profit at Rs 14.5 crore in the quarter ended June 2022 versus Rs 0.12 crore in the same quarter last year. Revenue of the company was up 64% at Rs 205 crore versus Rs 125 crore, YoY. Earnings before interest, tax, depreciation and amortization (EBITDA) was at Rs 26 crore versus Rs 4.3 crore and margin was at 12.7% versus 3.4%, YoY.
Goa Carbon | CMP: Rs 471.25 | Goa Carbon share price ended higher on July 12 after the company reported a net profit at Rs 14.5 crore in the quarter ended June 2022 versus Rs 0.12 crore in the same quarter last year. Revenue was up 64% at Rs 205 crore from Rs 125 crore, YoY. Earnings before interest, tax, depreciation and amortisation (EBITDA) were at Rs 26 crore, up from Rs 4.3 crore, and the margin was at 12.7% against 3.4%, YoY.
JSW Energy | CMP: Rs 232 | The company share price added 2 percent after company clarified on reports of talks with PEs, foreign banks for Mytrah Energy acquisition. The company clarifed that in line with the company’s stated strategy of growing in the renewable energy sector, the company has been evaluating various opportunities. The company is cognizant of its obligations and will duly inform the exchanges and furnish the required details at the appropriate time, JSW Energy said in its press release. The company has consistently been complying with the provisions of the SEBI LODR Regulations and making requisite disclosures in a timely manner and will continue to do so in accordance with the applicable regulations, it added.
JSW Energy | CMP: Rs 232 | The share price added 2 percent after the company clarified on reports of talks with PEs, foreign banks for Mytrah Energy acquisition. The company said in line with the company’s stated strategy of growing in the renewable energy sector, it has been evaluating various opportunities. The company is cognisant of its obligations and would duly inform the exchanges and furnish the required details at the appropriate time, JSW Energy said in its press release. The company has complied with the provisions of the SEBI LODR Regulations and making requisite disclosures in a timely manner and would continue to do so in accordance with the applicable regulations, it added.
Dhruv Consultancy Services | CMP: Rs 49.15 | The company share price rose more than 6 percent after company received Letter of Acceptance (LOA) for the independent engineering services during development and operation of road project - Sikar - Bikaner section of NH-11, in Rajasthan through Public Private Partnership on design, build, finance, operate and transfer (DBFOT). Dhruv Consultancy Services received this contract in association with G-Square Infra Projects. Independent engineering services fees for the said project will be Rs 4.14 crore and the contract period will be of 36 months
Dhruv Consultancy Services | CMP: Rs 49.15 | The company share price rose more than 6 percent after it received a letter of acceptance for the independent engineering services during the development and operation of a road project—Sikar- Bikaner section of NH-11—in Rajasthan through public-private partnership on design, build, finance, operate and transfer (DBFOT). Dhruv Consultancy Services received this contract in association with G-Square Infra Projects. Independent engineering services fees for the said project will be Rs 4.14 crore and the contract period 36 months
Rakesh Patil
first published: Jul 12, 2022 04:38 pm
Sections
ISO 27001 - BSI Assurance Mark