Stocks to buy today: Tata Steel, Indiabulls Housing Finance, NHPC, etc.

2021-11-12 11:20:38 By : Mr. Steel Saky

On Thursday, NSE Nifty fell 143 points to close at 17,873 points, while BSE Sensex fell 433 points to close at 59,919 points.

Release time: November 12, 2021, update time: November 12, 2021 at 8:25 am

The Indian stock market is expected to open in green, as the trend of SGX Nifty shows that the index opened 62 points higher in India.

Under widespread selling pressure, the market fell sharply on Thursday, following the weak Asian market. NSE Nifty fell 143 points to close at 17,873 points, while BSE Sensex fell 433 points to close at 59,919 points.

According to Moneycontrol, the following are the stocks that investors should pay attention to today.

Patel Integrated Logistics: Block trade data shows that the sponsor entity PATEL Holdings sold 5,94,832 company shares at NSE at 2.75 rupees per share.

Tata Steel: The company's profit in the second quarter of fiscal year 2022 was 1254.77 billion rupees, which was higher than the 166.51 billion rupees in the second quarter of fiscal year 21. Revenue soared from 3,839.99 billion rupees to 6028.28 billion rupees.

Indiabulls Housing Finance: The company reported that its consolidated profit in the second quarter of FY22 was Rs 2,863 crore, compared to Rs 3,232 crore in the second quarter of FY21. Revenue fell from Rs 25,337 crore year-on-year to Rs 223.28 crore. The board of directors approved the raising of funds of up to 5,000 crore rupees.

JB Chemicals & Pharmaceuticals: The company reported that its consolidated profit in the second quarter of FY22 was 978.8 billion rupees, compared with Rs 739.2 million in the second quarter of FY21, and revenue increased from Rs 44.356 billion year-on-year to Rs 5.301 billion.

Heranba Industries: The company reported that the profit in the second quarter of fiscal year 22 was 456 million rupees, while the profit in the second quarter of fiscal year 21 was 3.77 billion rupees, and revenue increased from 34.918 billion rupees year-on-year to 3.534 billion rupees.

Zee Entertainment Enterprises: The company reported that the profit in the second quarter of FY22 was Rs 2,702 crore, while the profit in the second quarter of FY 21 was Rs 9.4 crore, and revenue increased from Rs 17.227 crore year-on-year to Rs 19,788 crore.

Jayaswal Neco Industries: The company’s profit in the second quarter of FY22 was Rs 1,128,84 crore, and its loss in the second quarter of FY21 was Rs 1,952,100 crore, and revenue increased from Rs 90.582 crore to 159.68 crore compared to the same period last year.

NHPC: The company reported that the consolidated profit in the second quarter of fiscal year 22 was 138.61 billion rupees, compared with 130.004 billion rupees in the second quarter of fiscal year 21, and revenue increased from 289.95 billion rupees year-on-year to 294.063 billion rupees.

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