Stocks in news May 13: Maruti, JK Paper, Havells, Blue Star, TTK Prestige

Stocks in news May 13: Maruti, JK Paper, Havells, Blue Star, TTK Prestige

Stocks in news May 13: Maruti, JK Paper, Havells, Blue Star, TTK Prestige

Stocks in news May 13: The early trade of both Sensex and Nifty reported a bullish trend in the stock market on Wednesday after the bearish trend in the last two sessions. The Sensex is trading above 32,000 levels, and Nifty is trading above 9,300 levels in the stock market. The Sensex gained 681.93 points with a 2.17% increase and reached a 32,049.99 level. While Nifty gained 193.95 points with a 2.14% increase and reached 9,393.15 level.

On the other side, the number of coronavirus cases in India reached 74,281 as of Wednesday, May 13, and deaths reached 24,386.

Besides, there are some stocks in the news on May 13stock market are:

Jubilant Life Sciences Limited: The company on Wednesday signed an agreement with Gilead for the production of Remdesivir to fight against COVID-19. Now, the company has all rights to sell Remdesivar in 127 countries.

However, Jubilant Life Sciences Ltd on Wednesday reported a bullish trend in the stock market. The company gained 20.40 points with a 5.00% increase and reached 428.55 INR. While in BSE, the company gained 20.45 points with a 4.99% increase and reached 429.95 INR. 

Maruti Suzuki Limited: The company is going to announce its Q4 results. The company will report around 30% Year-on-Year degrowth due to lockdown. While the companies revenue decreased by 15%-20%. 

However, Maruti Suzuki Ltd on Wednesday reported a bullish trend in the stock market. The company gained 154.45 points with a 3.12% increase and reached 5,105.75 INR. While in BSE, the company gained 161.05 points with a 3.25% increase and reached 5,112.75 INR. 

Asian Hotels Limited: The company shares bought by Asian Agro with almost 1,19,194 equity shares at Rs 59.44 per each share.

However, Asian Hotels Ltd on Wednesday reported a bullish trend in the stock market. The company gained 1.60 points with a 2.74% increase and reached 60.10 INR. While in BSE, the company gained 1.70 points with a 2.88% increase and reached 60.70 INR. 

Healthcare Global  Limited: The company shares sold by Buena Vista Fund with almost 5,64,381 equity shares at Rs 85.41 per each share.

However, Healthcare Global Enterprises Ltd on Wednesday reported a bullish trend in the stock market. The company gained 0.15 points with a 0.18% increase and reached 85.55 INR. While in BSE, the company gained 0.10 points with a 0.15% increase and reached 85.65 INR. 

Nestle India Limited: The company on Tuesday announced its Q1 results. The company increased its profit to Rs 525.43 crores as against Rs 462.74 crores. While the revenue of the company increased to Rs 3,325 crores as against Rs 3,003 crores Year-to-Year.

However, Nestle India Ltd on Wednesday reported a bearish trend in the stock market. The company lost 433.25 points with a 2.48% decrease and reached 17,028.00 INR. While in BSE, the company lost 416.50 points with a 2.39% decrease and reached 17,047.20 INR. 

JK Paper Limited: The company on Tuesday announced its Q4 results. The company decreased its profit to Rs 92.7 crores as against Rs 112.3 crores. While the revenue of the company decreased to Rs 736 crores as against Rs 807.2 crores Year-to-Year.

However, JK Paper Ltd on Wednesday reported a bearish trend in the stock market. The company lost 1.40 points with a 1.46% decrease and reached 94.45 INR. While in BSE, the company lost 1.40 points with a 1.46% decrease and reached 94.50 INR. 

IndiaMart InterMesh Limited: The company on Tuesday announced its Q4 results. The company increased by 57% to Rs 44 crores. While the revenue of the company increased by 23% to Rs 170 crores Year-to-Year.

However, IndiaMart InterMesh Ltd on Wednesday reported a bullish trend in the stock market. The company gained 71.60 points with a 3.27% increase and reached 2,263.05 INR. While in NSE, the company gained 66.30 points with a 3.02% increase and reached 2,261.00 INR. 

Havells India Ltd: The company on Tuesday announced its Q4 results. The company decreased to Rs 177.7 crores as against Rs 199 crores. While the revenue of the company decreased to Rs 2,217.4 as against Rs 2,754.77 crores Year-to-Year.

However, Havells India Ltd on Wednesday reported a bullish trend in the stock market. The company gained 9.50 points with a 1.97% increase and reached 490.00 INR. While in NSE, the company gained 10.00  points with a 2.08% increase and reached 490.55 INR. 

Blue Star Ltd: The company on Tuesday announced its Q4 results. The company decreased its profit to Rs 8.38 crores as against Rs 77.55 crores. While the revenue of the company decreased to Rs 1,299.4 crores as against Rs 1,596 crores Year-to-Year.

However, Blue Star Ltd on Wednesday reported a bullish trend in the stock market. The company gained 3.70 points with a 0.78% increase and reached 478.15 INR. While in NSE, the company gained 2.45 points with a 0.51% increase and reached 478.55 INR. 

TTK Prestige Ltd: The company on Wednesday resumed its operations at manufacturing facilities at Tamil Nadu and Maharashtra plant.

However, IndiaMart InterMesh Ltd on Wednesday reported a bullish trend in the stock market. The company gained 24.75 points with a 0.54% increase and reached 4,760.00 INR. While in NSE, the company gained 35.00 points with a 0.74% increase and reached 4,788.15 INR. 

Brooks Laboratories Ltd: The company on Wednesday appointed Anil Kumar Pillai as a new Chief Financial Officer

However, JK Paper Ltd on Wednesday reported a bearish trend in the stock market. The company lost 1.45 points with a 4.84% decrease and reached 28.50 INR. While in BSE, the company lost 1.45 points with a 4.86% decrease and reached 28.40 INR. 

Top Gainers on May 13: Larsen, ICICI Bank, UltraTech Cement, Bajaj Finance, and Axis Bank are the top gainers in today’s stock market

Top Losers on May 13: Nestle India, Sun Pharma, and Bharti Airtel are the top losers in today’s stock market. 

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