Get App
Market Opening - An Overview
Nifty futures on the Singapore Exchange were trading 0.96 per cent higher at 17,515.50, signalling that Dalal Street was headed for a positive start on Tuesday.
Asian stocks on Tuesday were higher tracking the technology-led rally in the US markets. Nikkei 225 was up 0.72% and Topix was up 0.61%.
Indian rupee rose 43 paise to 74.61 against the US dollar.
The Finance Minister Nirmala Sitharaman will present the Union Budget 2022 at 11 a.m.
Upcoming Earnings
Tech Mahindra, Adani Ports and Special Economic Zone, Cholamandalam Investment and Finance Company, Elecon Engineering, Gujarat Ambuja Exports, IFB Industries, Indian Hotels, Indoco Remedies, Jubilant Ingrevia, Kansai Nerolac Paints, Laxmi Organic Industries, Mangalore Chemicals & Fertilizers, Procter & Gamble Hygiene & Health Care, Poonawalla Fincorp, Sona BLW Precision Forgings, Triveni Turbine, TTK Prestige and VIP Industries
FII/DII Trading Data (31-01-2022)
| Category | Buy Value | Sell Value | Net Value |
| FII/FPI | 6014.14 | 9638.62 | (3624.48) |
| DII | 9167.06 | 5518.14 | 3648.65 |
| *All numbers are in INR crore | |||
Stocks in News Today
Tata Motors: The company reported a net loss of Rs 1,451 crore in Q3FY22 as against a net loss of Rs 4,415-crore in Q2FY22. For the year-ago quarter, it had posted a net profit of Rs 2,941 crore. The company said that better availability of semiconductors is helping Jaguar Land Rover (JLR) ramp up production. Revenue from operations during the three-month period declined 4 per cent to Rs 72,229 crore as against Rs 75,653 crore in the corresponding period last fiscal.
Indian Oil Corporation (IOC): The company reported a 19 per cent growth in third quarter net profit helped by rise in refining margins. Net profit stood at Rs 5,860.80 crore in October-December 2021, up 19.2 per cent from Rs 4,916.59 crore profit in the same period last fiscal. Revenue from operations rose to Rs 1.98 lakh crore in October-December 2021 from Rs 1.47 lakh crore a year-ago period.
Bharat Petroleum Corporation (BPCL): The company has reported 48 per cent rise in consolidated net profit of Rs 2,805.09 crore in Q3FY22 from Rs 1,900.63 crore reported in the comparable months of the previous financial year. Revenue from operations during the period under review surged 35 per cent to Rs 117,702.59 crore from Rs 87,292.62 crore in the year-ago period.
Hindustan Petroleum Corporation Ltd (HPCL): The company reported a 63 per cent decline in third quarter net profit as it booked inventory losses. Net profit in Q3FY22 stood at Rs 869 crore compared with Rs 2,355 crore for the same period last year. During the period October-December 2021, sales rose to Rs 1,03,080 crore as compared to Rs 77,113 crore for the same period of the previous financial year.
DLF Ltd: The realty major’s net profit fell 16 per cent to Rs 379 crore in the third quarter of FY22 from Rs 451 crore in the same period of the previous financial year. The company’s revenue from operations was flat at Rs 1,550 crore in the December quarter compared to Rs 1,543 crore in the year-ago period.
Shipping Corporation of India: The company reported a 136.78 per cent jump in consolidated profit to Rs 311.54 crore in Q3FY22 as against a consolidated profit of Rs 131.57 crore in the corresponding quarter of the previous financial year. Its consolidated income during October-December 2021 rose to Rs 1,456.23 crore from Rs 872.82 crore in the year-ago period.
Exide Industries: The company said its consolidated net profit declined 26 per cent to Rs 178 crore in the third quarter of FY22 compared with a net profit of Rs 240 crore in the same period of FY21. Revenue from operations rose to Rs 3,312 crore in Q3FY22 as compared with Rs 2,891 crore in the same period last fiscal.
KEC International: The company recorded lower consolidated profit at Rs 93.61 crore in Q3FY22 compared with Rs 145.07 crore in Q3FY21. Revenue rose to Rs 3,340 crore in the reported quarter from Rs 3,289.2 crore in the year-ago period.
Godawari Power and Ispat Ltd (GPIL): The company reported an over two-fold jump in net profit at Rs 336.87 crore in Q3FY22 as against a net profit of Rs 166.36 crore in the year-ago period. Total income from operations was at Rs 1,614.66 crore during October-December FY22 as against Rs 1,132.49 crore in the same period last year.
GIC Housing Finance: The company reported a 25.5 per cent increase in its standalone net profit at Rs 76.53 crore in the quarter ended December 2021. The company had registered a net profit of Rs 61 crore in the same quarter a year earlier. Total income fell to Rs 293 crore in Q3FY22 as against Rs 312 crore in the same quarter of the previous fiscal year.
Orient Cement Ltd: The company reported an 18.9 per cent decline in its net profit to Rs 43.67 crore in Q3FY22 as against a net profit of Rs 53.88 crore in the corresponding quarter last year. Its revenue from operation during the reported quarter rose 2.13 per cent to Rs 617.52 crore compared with Rs 604.61 crore in the year-ago period.
Satin Creditcare Network Ltd (SCNL): Microfinance institution on Monday reported a profit after tax of Rs 34 crore for the quarter ended December 2021. The company had reported a loss of Rs 80 crore in the year-ago period. Its net interest income grew Rs 194 crore in the Oct-Dec 2021 quarter as against Rs 164 crore in the same period of the previous fiscal.