Mahindra & Mahindra Q2 Results: Net Profit Jumps 35%
Don't miss action in these trending stocks that are trading close to their 52-week high!
Last Updated: 12th December 2022 - 06:49 am
In mid-morning trade, the major equity barometers partially pared their gains as the Nifty traded above levels of 17,850.
The metal sector following three sessions of gains has declined in today’s trading session, seeing some profit booking. The S&P BSE Sensex, the barometer index, was up 189.95 points, or 0.32%, to 59,946.79 at 11:27 am. The Nifty 50 index increased by 44.95 points, or 0.25% to reach 17,781.90. The S&P BSE Small-Cap index dropped 0.20%, while the S&P BSE Mid-Cap index lost 0.22% in the overall market. The BSE saw 1617 shares rise and 1607 shares fall, resulting in an equal market breadth, while 151 shares were unchanged overall. Selling was observed in the financials, IT, and metals sectors, while buying was observed in the automotive, FMCG, and energy sectors.
Despite a 6.3% drop in operating revenue to Rs 311.09 crore in Q2 FY23 compared to Q2 FY22, Aditya Birla Sun Life AMC recorded a 10.8% increase in consolidated net profit to Rs 191.69 crore. Anupam Rasayan India increased by 1.63% to Rs 793.15 after reporting a solo 15% increase in net profit to Rs 41.20 crore and a 24.8% increase in operating revenue to Rs 310.68 crore for the second quarter of FY23 over the second quarter of FY22.
The top gainers on the NSE are ONGC, Reliance Industries, Bajaj Auto, Eicher Motors, and Apollo Hospital. While the stocks trading in red are Tata steel, Divis Laboratories, Hindalco Industries, JSW Steel, and Grasim Industries.
Following are the stocks trading near their 52-week high:
Stock Name |
LTP |
Gain (%) |
% Near to 52 Week High |
Concor |
795 |
0.66 |
0.53 |
Aegis Logistics |
319.4 |
6.38 |
0.5 |
Cummins India |
1280 |
2.41 |
0.73 |
Coal India |
245 |
1.7 |
1.13 |
IIFL |
408 |
1.77 |
0.18 |
ICE Make |
299 |
4.66 |
0.32 |
Megastar Foods |
297 |
4.49 |
0.49 |
Godfrey Philips |
1489.3 |
0.95 |
1.04 |
Anant Raj |
113.3 |
2.91 |
1.48 |
DFM Foods |
385.1 |
1.01 |
0.47 |
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