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Last Updated : Jul 30, 2020 04:28 PM IST | Source: Moneycontrol.com

Gainers & Losers: 10 stocks that moved the most on July 30

Except pharma and IT, all other sectoral indices ended in the red. BSE Midcap and Smallcap indices also ended marginally lower.

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Nifty ended the July F&O series at the 11,100-level on July 30 dragged by metal, banks, energy and FMCG stocks. At close, Sensex was down 335.06 points, or 0.88%, at 37,736.07, and Nifty was down 100.70 points, or 0.90%, at 11,102.20. About 1,033 shares advanced, 1,570 shares declined, and 167 shares were unchanged. Here are 10 stocks that moved the most on July 30:

HDFC Limited

Housing Development Finance Corporation | CMP: Rs 1,804.95 | The stock shed over 3 percent after net profit of the company fell 4.7 percent to Rs 3,051.5 crore against Rs 3,203.1 crore YoY. Revenue rose marginally by 0.2 percent to Rs 13,017.7 crore against Rs 12,990.3 crore YoY. Net Profit was down 4.7 percent at Rs 3,051.5 crore against Rs 3,203.1 crore YoY.

Laurus Labs | CMP: Rs 799 | The stock price jumped over 4 percent after the company's Q1 YoY net profit rose to Rs 171.8 crore versus Rs 15.1 crore and revenue was up 77% at Rs 974.3 crore against Rs 550.6 crore. Earnings before interest, tax, depreciation and amortization (EBITDA) was at Rs 278.3 crore versus Rs 83.2 crore and margin was at 28.5% versus 15.1%, reported CNBC-TV18.

Laurus Labs | CMP: Rs 799 | The stock price jumped over 4 percent after the company's Q1 YoY net profit rose to Rs 171.8 crore versus Rs 15.1 crore and revenue was up 77% at Rs 974.3 crore against Rs 550.6 crore. Earnings before interest, tax, depreciation and amortization (EBITDA) was at Rs 278.3 crore versus Rs 83.2 crore and margin was at 28.5% versus 15.1%, reported CNBC-TV18.

Karur Vysya Bank | CMP: Rs 34.20 | The share price jumped over 10 percent after net profit jumped 44.7 percent at Rs 105.5 crore against Rs 72.9 crore YoY. NII was down 3.8 percent at Rs 561.8 crore against Rs 584 crore YoY. Gross NPA stood at 8.3 percent against 8.7 percent QoQ. Net NPA was 3.4 percent against 3.9 percent QoQ. Provisions came in at Rs 337.6 crore against Rs 429.3 crore QoQ against Rs 330 crore YoY.

Karur Vysya Bank | CMP: Rs 34.20 | The share price jumped over 10 percent after net profit jumped 44.7 percent at Rs 105.5 crore against Rs 72.9 crore YoY. NII was down 3.8 percent at Rs 561.8 crore against Rs 584 crore YoY. Gross NPA stood at 8.3 percent against 8.7 percent QoQ. Net NPA was 3.4 percent against 3.9 percent QoQ. Provisions came in at Rs 337.6 crore against Rs 429.3 crore QoQ against Rs 330 crore YoY.

Mahindra Logistics | CMP: Rs 275.45 | The share price was down over 4 percent after the company reported net loss at Rs 15.8 crore against profit of Rs 18.6 crore YoY. Revenue went down 54.3 percent at Rs 410.5 crore against Rs 899 crore YoY. EBITDA loss at Rs 2.2 crore against EBITDA of Rs 40.1 crore YoY.

Mahindra Logistics | CMP: Rs 275.45 | The share price was down over 4 percent after the company reported net loss at Rs 15.8 crore against profit of Rs 18.6 crore YoY. Revenue went down 54.3 percent at Rs 410.5 crore against Rs 899 crore YoY. EBITDA loss at Rs 2.2 crore against EBITDA of Rs 40.1 crore YoY.

Bharti Airtel | CMP: Rs 550.30 | The stock was down 2 percent after the company reported a consolidated loss of Rs 15,933.1 crore for the quarter-ended June, which widened considerably from Rs 5,237 crore in March quarter and Rs 2,866 crore in Q1 FY20. The company said net loss (before exceptional items) stood at Rs 436 crore.

Bharti Airtel | CMP: Rs 550.30 | The stock was down 2 percent after the company reported a consolidated loss of Rs 15,933.1 crore for the quarter-ended June, which widened considerably from Rs 5,237 crore in March quarter and Rs 2,866 crore in Q1 FY20. The company said net loss (before exceptional items) stood at Rs 436 crore. "The net exceptional charge of Rs 11,745.7 crore during the quarter-ended June comprises of a charge on account of incremental provision and interest on licence fee and spectrum usage charges (adjusted for gross revenue provision) of Rs 10,744.4 crore and net charge pertaining to re-assessment of levies of Rs 1,001.3 crore," it said. CLSA, Citi and Jefferies have however maintained buy call on the stock.

Dr. Reddy's Laboratories | CMP: Rs 4500 | The stock jumped over 4 percent after the company reported a 12.6 percent year-on-year (YoY) drop in consolidated net profit at Rs 579 crore for the quarter ended June 2020. The profit in the corresponding quarter of the last fiscal stood at Rs 662.8 crore. Revenue from operations during Q1FY21 stood at Rs 4,418 crore, up 15 percent YoY. Gross margin came at 56 percent in Q1FY21, up 430 bps over the previous year against 51.7 percent in Q1FY20 and up 450 bps against 51.5 percent in Q4FY20.

Dr. Reddy's Laboratories | CMP: Rs 4500 | The stock jumped over 4 percent after the company reported a 12.6 percent year-on-year (YoY) drop in consolidated net profit at Rs 579 crore for the quarter ended June 2020. The profit in the corresponding quarter of the last fiscal stood at Rs 662.8 crore. Revenue from operations during Q1FY21 stood at Rs 4,418 crore, up 15 percent YoY. Gross margin came at 56 percent in Q1FY21, up 430 bps over the previous year against 51.7 percent in Q1FY20 and up 450 bps against 51.5 percent in Q4FY20.

Sagar Cements | CMP: Rs 489.05 | The stock price was up almost 5 percent after the company reported a 22 percent rise in Q1FY21 net profit at Rs 36 crore as against Rs 29.5 crore in the year-ago period. Revenue, however, fell 23.3 percent to Rs 264.1 crore from Rs 344.2 crore, YoY. The board in its meeting on July 29 recommended a dividend of Rs 2.50 per equity share (25 percent) on the 2,35,00,000 equity shares of Rs 10 each for the year 2019-20, it said in an exchange filing.

Sagar Cements | CMP: Rs 489.05 | The stock price was up almost 5 percent after the company reported a 22 percent rise in Q1FY21 net profit at Rs 36 crore as against Rs 29.5 crore in the year-ago period. Revenue, however, fell 23.3 percent to Rs 264.1 crore from Rs 344.2 crore, YoY. The board in its meeting on July 29 recommended a dividend of Rs 2.50 per equity share (25 percent) on the 2,35,00,000 equity shares of Rs 10 each for the year 2019-20, it said in an exchange filing.

Reliance Industries | CMP: Rs 2101.90 | The stock ended in the green ahead of its June quarter numbers. The company is likely to see some impact of COVID-19-led lockdown on standalone business but consolidated earnings are expected to be supported by the telecom unit Jio with overall strong margin expectations, brokerages say. It could be a mixed quarter for the oil-to-retail company as it expects RIL to report gross refining margin (GRM) at $9 per barrel for the quarter against $8.1 a barrel in Q1FY20 and $8.9 a barrel in Q4FY20, helped by inventory gain as well as discounts offered to Indian refiners at the beginning of the quarter. Disclosure: Reliance Industries Ltd is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd which publishes Moneycontrol.

Reliance Industries | CMP: Rs 2101.90 | The stock ended in the green ahead of its June quarter numbers. The company is likely to see some impact of COVID-19-led lockdown on standalone business but consolidated earnings are expected to be supported by the telecom unit Jio with overall strong margin expectations, brokerages say. It could be a mixed quarter for the oil-to-retail company as it expects RIL to report gross refining margin (GRM) at $9 per barrel for the quarter against $8.1 a barrel in Q1FY20 and $8.9 a barrel in Q4FY20, helped by inventory gain as well as discounts offered to Indian refiners at the beginning of the quarter. Disclosure: Reliance Industries Ltd is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd which publishes Moneycontrol.

Maruti Suzuki XL6

Maruti Suzuki | CMP: Rs 6,260 | The stock price gained over a percent. The car maker posted a net loss of Rs 249.4 crore for the quarter ended June 2020. The numbers were, however, better than the estimates of analysts polled by CNBC-TV18 who the loss at Rs 445 crore. Profit in the June quarter 2019 stood at Rs 1,435.5 crore and was Rs 1,291.7 crore in the March quarter 2020. Revenue from operations declined sharply by 79.2 percent to Rs 4,106.5 crore compared to the year-ago period.

SRF

SRF | CMP: Rs 3,753.35 | The share price fell over 4 percent after net profit of the company was down 6.4 percent at Rs 177.1 crore against Rs 189.2 crore YoY. Revenue fell 12.4 percent at Rs 1,545.1 crore against Rs 1,763.3 crore YoY. EBITDA was up 1 percent at Rs 363.2 crore against Rs 359.7 crore YoY. EBITDA margin stood at 23.5 percent against 20.4 percent YoY.

First Published on Jul 30, 2020 04:28 pm
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