Top 10 Stocks: These stocks can show action even in a weak market on the basis of big triggers. These include stocks with first quarter results and also focus on stocks with block deals.
Top 10 Stocks: Due to updates like news, first quarter results, business updates and block deals, the movement of many stocks will be monitored in the stock market today (Thursday, July 25). Even in a weak market, these stocks can show action on the basis of big triggers. These include stocks with first quarter results, as well as the focus is on block deal stocks. So keep an eye on these stocks for trading, there can be an opportunity to earn in them.
1~L&T
~better than estimate numbers
Rev at Rs.55120cr vs 47882cr, +15% (Est Rs.52584cr)
~ EBITDA at Rs.5615cr vs 4869cr, +15.3% (Est Rs.5379cr)
2~SBILife
~in-line with numbers
~PAT Up 36.4% to Rs 520 Cr v/s Rs 381 Cr (Est: 400 Cr)
~Net Premium Earned Up 15.2% to Rs 15105 Cr v/s Rs 13104 Cr (Est: 15070 Cr)
~APE Up 20.1% to Rs 3640 Cr v/s Rs 3030 Cr (Est: 3610 Cr)
~VNB Up 11.4% to Rs 970 v/s Rs 870 Cr (Est: 990 Cr)
3~Axis Bank
~Weak results with higher provisions and slippage
~Loan and deposit growth below estimates
~NII Up 12.4% to Rs 13448.2 cr v/s Rs 11958.8 cr ( est 13257 cr )
~Profit Up 4.1% to Rs 6034.6 cr v/s Rs 5797.1 cr ( Est 6310 cr)
4~IGL
~Better than estimates
~EBITDA `581.8 cr (515 cr Est)
~Margin 16.5% (14.6% Est)
~Profit 410.4 cr (350 cr est)
5~JSPL
~in-line with estimates
~EBITDA 2840 Vs 2628 +8% Est: 2802
~MARGIN 20.8% Vs 20.88% Est: 21%
6~OFSS
~Good results
~Revenue up 6% to 1741cr ~Margin up 4% quarter on quarter ~Profit up 10% to616.7cr
7~IEX
~in-line with estimate
~Margin lower than estimate
~Revenue 123.6cr Vs 104 UP 18.8% (124.9cr Est)
~Margin 80.4% VS 78.4% (86% Est)
~PAT 96.4cr Vs 75.8cr UP 27% (94.8cr (Est)
.Volume growth of 21% (YoY)
8~RBL Bank
Block deal possible in RBL BANK
Maple BV can sell stake through block deal
Maple BV can sell 4.78 Cr shares in RBL BANK
9.VST Industries
Seller
DERIVE TRADING & RESORTS PVT LTD (public shareholder) sold 2.62 lakh (1.7%) shares at Rs 4102.57 per share
DAMANI ESTATE AND FINANCE PVT Ltd (public shareholder) sold 90,000 (0.58%) shares at Rs 3983.84 per share
Size Sold: 143.64 Cr
10.Varun Beverages Ltd
Will consider results, dividend, share split on 30th July.(zeebusiness)
