Stocks to watch on April 30th: Titan, Persistent Systems, Ambuja Cements, Dr. Reddy’s Labs

Stocks to watch on April 30th: Titan, Persistent Systems, Ambuja Cements, Dr. Reddy's Labs

Stocks to watch on April 30th: Titan, Persistent Systems, Ambuja Cements, Dr. Reddy's Labs

Stocks to watch on April 30th: Titan, Persistent Systems, Ambuja Cements, Dr. Reddy’s Labs

Stocks to watch on April 30th: On Friday, both Sensex and Nifty reported a bearish trend in the stock market after bullish reports in the last four sessions of the market. The Sensex is trading below 49,400 levels and nifty trading below 14,810 levels in the stock market. The Sensex lost 388.34 points with a 0.78% decrease and reached 49,381.35 levels. While the nifty lost 93.20 points with a 0.63% decrease and reached 14,804.50 levels.

On the other side, the number of coronavirus cases in India on Friday, April 30th reached 1,87,62,976 with almost 2,08,330 deaths.

Titan Company Limited: On Thursday, the company reported its Q4 results for the financial year 2021-22. The company reported a higher profit at Rs. 529.00 crores as against Rs. 357.00 crores in the same quarter last year. While the companies revenue increased to Rs. 7,135.00 crores as against Rs. 4,429.00 crores in the same period last year.

However, the shares of Titan Company Limited on Friday reported a bearish trend in the stock market. It lost 19.90 points with a 1.32% decrease and reached 1,486.80 INR. While in BSE, the company lost 20.55 points with a 1.36% decrease and reached 1,485.85 INR.

Persistent Systems Limited: On Thursday, the company reported its Q4 results for the financial year 2021-22. The companies net profit increased to Rs. 137.70 crores as against Rs. 120.90 crores in the same quarter last year. While the companies revenue increased to Rs. 1,113.30 crores as against Rs. 1,075.40 crores in the same period last year.

However, the shares of Persistent Systems Limited on Friday reported a bullish trend in the stock market. It gained 69.50 points with a 3.47% increase and reached 2,072.00 INR. While in BSE, the company gained 75.25 points with a 3.77% increase and reached 2,073.65 INR.

Dr. Reddy’s Laboratories Limited: On Friday, the company announced to launch of Albendazole tablets in the US market. Whereas these tablets are an equivalent version of Albenza tablets.

However, the shares of Dr. Reddy’s Laboratories Limited on Friday reported a bullish trend in the stock market. It gained 57.60 points with a 1.13% increase and reached 5,160.00 INR. While in BSE, the company gained 57.80 points with a 1.13% increase and reached 5,159.55 INR.

Ambuja Cements Limited: On Thursday, the company reported its Q4 results for the financial year 2021-22. The company reported a higher net profit of Rs. 664.60 crores as against Rs. 399.00 crores in the same quarter last year. While the companies revenue raised to Rs. 3,621.40 crores as against Rs. 2,827.50 crores in the same quarter last year.

However, the shares of Ambuja Cements Limited on Friday reported a bearish trend in the stock market. It lost 6.60 points with a 2.10% decrease and reached 307.45 INR. While in BSE, the company lost 6.25 points with a 1.99% decrease and reached 307.75 INR.

IDFC Limited: The company shares on Thursday acquired by Plutus Wealth Management LLP for Rs. 50.46 per share with almost 1 crore equity share on the NSE via the bulk deal.

However, the shares of IDFC Limited on Friday reported a bullish trend in the stock market. It gained 1.30 points with a 2.51% increase and reached 53.10 INR. While in BSE, the company gained 1.45 points with a 2.80% increase and reached 53.25 INR.

AU Small Finance Bank Limited: On Thursday, the bank reported its Q4 results for the financial year 2021-22. The bank’s net profit increased to Rs. 168.97 crores as against Rs. 122.32 crores in the same quarter last year. While the bank’s net interest income during the quarter raised to Rs. 655.83 crores as against Rs. 554.94 crores in the same quarter last year.

However, the shares of AU Small Finance Bank Limited on Friday reported a bearish trend in the stock market. It lost 93.45 points with an 8.28% decrease and reached 1,031.40 INR. While in BSE, the bank lost 92.95 points with an 8.27% decrease and reached 1,031.00 INR.

Matrimony.com Limited: The shares of the company bought by Tata Mutual Fund for Rs. 900.00 per share with almost 5 lakh equity shares via the open market.

However, the shares of Matrimony.com Limited on Friday reported a bullish trend in the stock market. It gained 25.60 points with a 2.72% increase and reached 968.50 INR. While in BSE, the company gained 25.60 points with a 2.72% increase and reached 968.50 INR.

Equitas Small Finance Bank Limited: On Thursday, the bank reported its Q4 results for the financial year 2021-22. The bank’s net profit increased to Rs. 112.87 crores as against Rs. 43.01 crores in the same quarter last year. While the bank’s net interest income during the quarter raised to Rs. 448.57 crores as against Rs. 424.00 crores in the same quarter last year.

However, the shares of Equitas Small Finance Bank Limited on Friday reported a bullish trend in the stock market. It gained 0.50 points with a 1.00% increase and reached 55.30 INR. While in BSE, the company gained 0.50 points with a 0.91% increase and reached 55.25 INR.

Top Gainers on April 30th: ONGC, BPCL, IOC, Coal India, and Divi’s Laboratories are the top gainers in today’s stock market.

Top Losers on April 30th: HDFC Bank, HUL, HDFC, Asian Paints, and Hindalco Industries are the top losers in today’s stock market.

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