Stocks in news August 7th: HPCL, Vodafone Idea, Yes Bank, Deepak Nitrite

Stocks in news August 7th: HPCL, Vodafone Idea, Yes Bank, Deepak Nitrite

Stocks in news August 7th: HPCL, Vodafone Idea, Yes Bank, Deepak Nitrite

Stocks in news August 7th: On Friday, both Sensex and Nifty reported a bearish trend in the stock market after bullish reports from the last two sessions. The Sensex is trading below 38,000 levels and Nifty is trading below 11,200 levels in the stock market. The Sensex lost 103.98 points with a 0.27% decrease and reached a 37,923.17 level. While Nifty lost 23.25 points with a 0.19% decrease and reached 11,176.45 level.

On the other side, the number of coronavirus cases in India reached 20,27,074 as of Friday, August 7th, and deaths reached 41,585.

Besides, there are some stocks in the news on August 7th stock market shown below:

HPCL: On Thursday, the company reported its Q1 results for the financial year 2020-21. However, the company’s net profit stood at Rs. 2,813.80 crores as against Rs. 811.00 crores in the same quarter last year. While the company’s total revenue decreased to Rs. 37,721.00 crores as against Rs. 66,154.80 crores in the same quarter last fiscal year.

However, the shares of HPCL on Friday reported a bearish trend in the stock market. The company lost 0.60 points with a 0.28% decrease and reached 215.50 INR. While in BSE, the company lost 1.65 points with a 0.76% decrease and reached 214.60 INR.

Vodafone Idea Limited: On Thursday, the company reported its Q1 results for the financial year 2020-21. However, the company’s net loss stood at Rs. 25,460.00 crores as against a loss of Rs. 11,643.50 crores in the same quarter last year. While the company’s total income decreased to Rs. 10,659.30 crores as against Rs. 11,754.20 crores in the same quarter last fiscal year.

However, the shares of Vodafone Idea Limited on Friday reported a bearish trend in the stock market. The company lost 0.10 points with a 1.82% decrease and reached 8.10 INR. While in BSE, the company lost 0.13 points with a 1.58% decrease and reached 8.12 INR.

Pidilite Industries Limited: On Thursday, the company reported its Q1 results for the financial year 2020-21. However, the company’s net profit stood at Rs. 15.80 crores as against Rs. 294.40 crores in the same quarter last year. While the company’s total income decreased to Rs. 877.80 crores as against Rs. 2,016.20 crores in the same quarter last fiscal year.

However, the shares of Pidilite Industries Limited on Friday reported a bullish trend in the stock market. The company gained 10.75 points with a 0.81% increase and reached 1,342.00 INR. While in BSE, the company gained 10.65 points with a 0.80% increase and reached 1,342.50 INR.

Adani Enterprises Limited: On Thursday, the company reported its Q1 results for the financial year 2020-21. However, the company’s net loss stood at Rs. 65.70 crores as against a profit of Rs. 570.00 crores in the same quarter last year. While the company’s total revenue decreased to Rs. 5,265.20 crores as against Rs. 10,561.40 crores in the same quarter last fiscal year.

However, the shares of Adani Enterprises Limited on Friday reported a bearish trend in the stock market. The company lost 2.35 points with a 1.26% decrease and reached 183.60 INR. While in BSE, the company lost 2.05 points with a 1.10% decrease and reached 183.65 INR.

Deepak Nitrite Limited: On Thursday, the company reported its Q1 results for the financial year 2020-21. However, the company’s net profit stood at Rs. 98.90 crores as against Rs. 131.60 crores in the same quarter last year. While the company’s total income decreased to Rs. 674.50 crores as against Rs. 1,051.00 crores in the same quarter last fiscal year.

However, the shares of Deepak Nitrite Limited on Friday reported a bearish trend in the stock market. The company lost 29.20 points with a 4.55% decrease and reached 614.00 INR. While in BSE, the company lost 28.75 points with a 4.47% decrease and reached 614.55 INR.

Torrent Power Limited: On Thursday, the company reported its Q1 results for the financial year 2020-21. However, the company’s net profit stood at Rs. 372.70 crores as against Rs. 275.30 crores in the same quarter last year. While the company’s total revenue decreased to Rs. 3,007.00 crores as against Rs. 3,736.00 crores in the same quarter last fiscal year.

However, the shares of Torrent Power Limited on Friday reported a bullish trend in the stock market. The company gained 27.60 points with an 8.42% increase and reached 355.10 INR. While in BSE, the company gained 28.55 points with an 8.72% increase and reached 356.00 INR.

Aarti Surfactants Limited: On Thursday, the company shares sold by Abu Dhabi Investment Authority for Rs. 270.50 per each share with almost 39,537 equity shares via the open market.

However, the shares of Aarti Surfactants Limited on Friday reported a bullish trend in the stock market. The company gained 13.55 points with a 5.00% increase and reached 284.60 INR. While in BSE, the company gained 13.55 points with a 5.00% increase and reached 284.60 INR.

Yes Bank Limited: On Thursday, the company shares sold by Adani Electricity Mumbai for Rs. 13.45 per share with almost 15 crore equity shares.

However, the shares of Yes Bank Limited on Friday reported a bullish trend in the stock market. The bank gained 0.60 points with a 4.46% increase and reached 14.05 INR. While in BSE, the bank gained 0.55 points with a 4.08% increase and reached 14.02 INR.

Top Gainers on August 7th: UPL, Tata Steel, Maruti Suzuki, BPCL, and Dr. Reddy’s Laboratories are the top gainers in today’s stock market.

Top Losers on August 7th: HCL Technologies, Sun Pharma, Infosys, HDFC, and HDFC Bank are the top losers in today’s stock market. 

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