Ahead of the release of US inflation data due later today, the domestic equity market remained lacklustre. Nifty managed to end above the 17,500 mark while Sensex ended 36 points down. Metals, private banks and auto were top gainers, while IT, realty, consumer durables, PSU banks, FMCG and oil & gas were laggards. Here are a handful of stocks that were in focus today:
Agencies
2/7
Hindalco
Hindalco shares ended 4.4 per cent higher at Rs 440.05. The aluminium maker reported a 48 per cent YoY jump in consolidated PAT at Rs 4,119 crore compared with Rs 2,787 crore in the corresponding quarter last year.
ET Bureau & Agencies
3/7
Bharti Airtel
Bharti Airtel shares rallied up to 2 per cent during the day to Rs 719. The telecom major reported a 466.8 per cent YoY jump in its June quarter profit at Rs 1,607 crore compared with Rs 284 crore in the year-ago period. The operator's consolidated revenue rose 22.2 per cent YoY to Rs 32,805 crore.
Reuters
4/7
Jet Freight Logistics
Jet Freight Logistics Ltd shares rallied up to 10 per cent but ended 4.4 per cent lower at Rs 23.90. The rally was sparked by the company's plan to expand its operations in the US market.
Agencies
5/7
Delhivery
Delhivery shares ended 6.67 per cent lower at Rs 599.90. The logistics company reported a net loss of Rs 399 crore for the quarter ended June 30, a more than three-fold increase from the same period last year. The net loss was Rs 129 crore in the first quarter of last year.
ETtech
6/7
Tata Chemicals
Tata Chemicals stock ended 12.2 per cent higher at Rs 1,074.25 on BSE. The commodity chemicals manufacturer reported an 86.25 per cent increase in consolidated net profit at Rs 637 crore during the quarter ending June.
ET Bureau & Agencies
7/7
Paytm
Paytm shares dropped 1.5 per cent to hit a day's low at Rs 821.05. The stock recovered most of its losses later on in the day. Investors are worried about its path to profitability amid mounting losses.
