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    Here’s a look at buzzing stocks for trade on July 22

    market | IST

    Here’s a look at buzzing stocks for trade on July 22

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    The Indian market is likely to open flat on Wednesday following muted trend in Asian peers. At 8:05 am, the SGX Nifty was trading 8.25 points or 0.07 percent higher at 11,183.20, indicating a flat-to-positive start for the Sensex and Nifty50.

    The Indian market is likely to open flat on Wednesday following muted trend in Asian peers. At 8:05 am, the SGX Nifty was trading 8.25 points or 0.07 percent higher at 11,183.20, indicating a flat-to-positive start for the Sensex and Nifty50.
    Here are the top 10 buzzing stocks for today:
    1. Hindustan Unilever:
    The company reported 7.2 percent rise in Q1FY21 net profit to Rs 1,881 crore from Rs 1,755 crore while revenue increased 4.4 percent to Rs 10,560 crore from Rs 10,114 crore, YoY. HUL's volumes contracted by 8 percent during the quarter.
    2. Axis Bank: The bank’s Q1FY21 net profit fell 19 percent to Rs 1,112.2 crore from Rs 1,370.1 crore while net interest income rose 20 percent to Rs 6,985.3 crore from Rs 5,843.7 crore, YoY. Asset quality improved as gross NPA ratio fell by 14 bps sequentially to 4.72 percent.
    3. Yes Bank: Moody's Investors Service has said that the Rs 15,000-crore equity capital raising by the bank is credit positive as it strengthens the core capital and loss-absorbing buffers, besides reducing default risks for creditors.
    4. CSB Bank: The bank’s total deposit in Q1FY21 rose 7.5 percent YoY to Rs 16,338 crore. Advances against gold and gold jewellery rose 28.3 percent to Rs 3,843.5 crore.
    5. Bajaj Finserv: The company’s net profit in Q1FY21 rose 43.7 percent to Rs 1,215 crore from Rs 845.3 crore while revenue increased 15.6 percent to Rs 14,190 crore from Rs 12,272 crore, YoY.
    6. BEML: The company has received a Rs 557 crore order from the Ministry of Defence (MoD) for supply of 1,512 Track Width Mine Plough (TWMP), de-mine equipment, for T-90 tanks used by the Army.
    7. Polycab India: The company reported Q1FY21 net profit at Rs 117.6 crore versus Rs 135.2 crore while revenue at Rs 976.6 crore as against Rs 1,951 crore, YoY.
    8. Indian Hotels: The company has signed an agreement to acquire the remaining 14.28 percent stake in ELEL Hotels and Investment from the Nanda family. The deal will make the company 100 percent leasehold owner of the Sea Rock hotel site in Mumbai by the end of December 2021.
    9. IndiaMART InterMESH: The company’s Q1FY21 net profit rose to Rs 74.1 crore from Rs 32.4 crore and revenue increased to Rs 153.1 crore from Rs 147.3 crore, YoY.
    10. Hatsun Agro: The company’s Q1FY21 profit was reported at Rs 56.1 crore versus Rs 51.2 crore and revenue at Rs 1,279.3 crore versus Rs 1,423.2 crore, YoY.
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