Stocks Radar: Caplin Point, Just Dial, Mahindra Logistics

Stocks Radar: Caplin Point, Just Dial, Mahindra Logistics
A monitor shows stocks rallying while a trader talks on a phone on the trading floor of the Motilal Oswal Financial Services Ltd. office in Mumbai, India. (Photographer: Vivek Prakash/Bloomberg)

Indian equity benchmarks edged lower dragged down by weakness in Tata Motors, Reliance Industries and Axis Bank. The S&P BSE Sensex fell 0.21 percent to 33,182 and the NSE Nifty 50 Index declined 0.22 percent to 10,285.

The market breadth was tilted in favour of sellers. All sector gauges compiled by BSE were trading lower led by the S&P BSE Realty Index's 0.81 percent decline.

Here Are The Stocks Moving The Market This Morning

Mahindra Logistics: Makes Tepid Dalal Street Debut

The Mumbai-based logistics company made a quiet debut on stock exchanges. The stock opened for trading at Rs 432 and fell 2 percent to Rs 420, against its issue price of Rs 429.

The Rs 829 crore initial public offering was subscribed 7.53 times.

Just Dial: Jumps After Acquisition Report

Shares of the local search engine operator rose as much as 20 percent, the most in 18 months to Rs 551.25.

Search engine giant Google is said to be in talks to buy Just Dial, Business Standard reported, citing an unidentified person familiar with discussions.

Trading volume was 17.2 times its 30-day average. The Relative Strength Index was 71, indicating that the stock may be overbought.

L&T: Wins Order

Shares of the construction company rose as much as 1.1 percent to Rs 1,229.80.

The company bagged an order worth Rs 4,023 crore, according to its stock exchange notification.

The analyst consensus price target was Rs 1,326.68, implying a potential upside of 8.2 percent from the current market price. The stock has returned 38 percent so far this year, compared to 26.4 percent advance in Sensex.

NTPC: Commissions Project

Shares of the state-owned power producer fell as much as 0.6 percent to Rs 177.05.

The public sector undertaking commissioned 50-megawatt wind project in Gujarat, according to its stock exchange notification.

The stock has returned 11 percent so far this year and a gain of 18 percent in the past 12 months.

Aurobindo Pharma: Swings After Quarterly Results Reports

Shares of the pharmaceutical company swung between gains and losses and traded at Rs 773.

The drug maker reports its earnings yesterday for the September quarter, according to its stock exchange notification.

Key Earnings Highlights (Q2 YoY):

  • Revenue up 17.5 percent at Rs 4,436 crore.
  • Net profit up 29 percent at Rs 781 crore.
  • EBITDA up 20 percent at Rs 1,117 crore.
  • Margin at 25.2 percent from 24.6 percent.

Aurobindo Pharma trades at 20.2 times trailing 12-month earnings per share and 17 times its estimates for the coming year. The stock has returned It returned 19 percent so far this year and provided less than 1 percent in the past 12 months.

Other Stocks Reacting To Earnings

Sudarshan Chemical Q2 (YoY)

  • Stock fell as much as 3.2 percent to Rs 366.
  • Revenue up 5.7 percent at Rs 352 crore.
  • Net profit down 18 percent at Rs 23 crore.
  • EBITDA up 6 percent at Rs 52.6 crore.
  • Margin at 14.94 percent from 14.86 percent.

Igarashi Motors Q2 (YoY)

  • Stock fell as much as 1.87 percent to Rs 880.15.
  • Revenue down 14 percent at Rs 111.55 crore.
  • Net profit down 18 percent at Rs 16 crore.
  • EBITDA down 13 percent at Rs 26.55 crore.
  • Margin at 23.8 percent from 23.5 percent.

SRF Ltd Q2 (YoY)

  • Stock fell as much as 4.3 percent to Rs 1,566.25.
  • Revenue up 12.5 percent at Rs 1286 crore.
  • Net profit down 16 percent at Rs 103 crore.
  • EBITDA down 12 percent at Rs 210.5 crore.
  • Margin at 16.4 percent from 20.9 percent.

DFM Foods Q2 (YoY)

  • Stock fell as much as 4.9 percent to Rs 1,902.30.
  • Revenue up 20.8 percent at Rs 107 crore.
  • Net profit up 17 percent at Rs 6.55 crore.
  • EBITDA up 58 percent at Rs 13.5 crore.
  • Margin at 12.6 percent from 9.65 percent.

Cimmco Q2 (YoY)

  • Stock fell as much as 2.9 percent to Rs 92.50.
  • Revenue up 7 percent at Rs 45 crore.
  • Net loss of Rs 0.6 crore from net loss of Rs 4.3 crore.
  • EBITDA up 50 percent at Rs 3.9 crore.
  • Margin at 8.7 percent from 6.2 percent.

Caplin Point Q2 (YoY)

  • Stock rose as much as 6.3 percent to Rs 718.
  • Revenue up 36.5 percent at Rs 131 crore.
  • Net profit up 59 percent at Rs 35.6 crore.
  • EBITDA up 79 percent at Rs 49.5 crore.
  • Margin at 37.8 percent from 28.75 percent.

Jindal Steel Q2 (YoY)

  • Stock fell as much as 2.5 percent to Rs 160.
  • Revenue up 31.2 percent at Rs 6123 crore.
  • Net loss of Rs 448 crore from a net loss of Rs 746 crore.
  • EBITDA up 62 percent at Rs 1374 crore.
  • Margin at 22.4 percent from 18.2 percent.

SAIL Q2 (YoY)

  • Stock rose as much as 2.9 percent to Rs 80.65.
  • Revenue up 21.29 percent at Rs 13617 crore.
  • Net loss of Rs 539 crore from net loss of Rs 731.6 crore.
  • EBITDA up 716 percent at Rs 913.5 crore.
  • Margin at 6.7 percent from 1 percent.

Endurance Technologies Q2 (YoY)

  • Stock rose as much as 2.4 percent to Rs 1,180.
  • Revenue up 12 percent at Rs 1620 crore.
  • Net profit up 12 percent at Rs 99.7 crore.
  • EBITDA up 13 percent at Rs 229 crore.
  • Margin at 14.1 percent from 14 percent.

PTC India Q2 (YoY)

  • Stock rose as much as 2.5 percent to Rs 123.
  • Revenue up 30.6 percent at Rs 5289 crore.
  • Net profit up 15.5 percent at Rs 130.5 crore.
  • EBITDA up 1.5 percent at Rs 93 crore.
  • Margin at 1.75 percent from 2.3 percent.

CG Power Q2 (YoY)

  • Stock fell as much as 3.2 percent to Rs 84.20.
  • Revenue up 18 percent at Rs 1557.6 crore.
  • Net loss of Rs 470 crore from net loss of Rs 11 crore.
  • EBITDA up 50 percent at Rs 131.6 crore.
  • Margin at 8.4 percent from 6.7 percent.

Trent Q2 (YoY)

  • Stock rose as much as 4.9 percent to Rs 325.
  • Revenue up 19 percent at Rs 522 crore.
  • Net profit up 38 percent at Rs 29 crore.
  • EBITDA up 102 percent at Rs 49.5 crore.
  • Margin at 9.5 percent from 5.6 percent.

Allcargo Logistics Q2 (YoY)

  • Stock rose as much as 2.6 percent to Rs 178.90.
  • Revenue up 10 percent at Rs 1547 crore.
  • Net profit down 1 percent at Rs 63.8 crore.
  • EBITDA down 17 percent at Rs 105 crore.
  • Margin at 6.8 percent from. 9 percent.

Den Networks Q2 (YoY)

  • Stock rose as much as 5.8 percent to Rs 101.
  • Revenue up 20.6 percent at Rs 328 crore.
  • Net Loss of Rs 5 crore from net loss of Rs 47 crore.
  • EBITDA up 193 percent at Rs 82 crore.
  • Margin at 25 percent from 10.3 percent.

V-Mart Retail Q2 (YoY)

  • Stock rose as much as 1.9 percent to Rs 1,440.
  • Revenue up 23.5 percent at Rs 242 crore.
  • Net profit of Rs 2.7 crore from net loss of Rs 0.7 crore.
  • EBITDA up 187 percent at Rs 8.6 crore.
  • Margin at 3.6 percent from 1.5 percent.

Laurus Labs Q2 (YoY)

  • Stock felll as much as 1.3 percent to Rs 532.05.
  • Revenue up 4.5 percent at Rs 539 crore.
  • Net profit up 2 percent at Rs 49 crore.
  • EBITDA up 3.2 percent at Rs 112.5 crore.
  • Margin at 20.9 percent from 21.1 percent.

Dishman Carbogen Q2 (YoY)

  • Stock rose as much as 3.6 percent to Rs 297.50.
  • Revenue up 2 percent at Rs 444 crore.
  • Net profit up 26 percent at Rs 48 crore.
  • EBITDA up 16.7 percent at Rs 133 crore.
  • Margin at 30 percent from 26.3 percent.

BLS International Q2 (YoY)

  • Stock fell as mcuh as 5.1 percent to Rs 256.
  • Revenue up 21.41 percent at Rs 186.5 crore.
  • Net profit up 198 percent at Rs 26.8 crore.
  • EBITDA up 245 percent at Rs 43.5 crore.
  • Margin at 23.3 percent from 8.2 percent.

63 Moons Q2 (QoQ)

  • Stock fell as much as 4.9 percent to Rs 128.
  • Revenue down 76 percent at Rs 32 crore.
  • Net profit down 89.5 percent at Rs 3 crore.
  • Other Income (inclusive investment and interest income) of Rs 52 crore.
  • EBIT loss at Rs 30.5 crore from Rs 51 crore.
  • Margin at -95.3 percent from 38.9 percent.

Aptech Q2 (YoY)

  • Stock fell as much as 3.8 percent to Rs 310.25.
  • Revenue up 12 percent at Rs 56 crore.
  • Net profit up 208.5 percent at Rs 21.6 crore.
  • EBITDA down 9.09 percent at Rs 10 crore.
  • Margin at 17.85 percent from 22 percent.

Stocks Reacting To Bulk Deals

Cupid

  • Stock rose as much as 1.6 percent to Rs 278.90.
  • Wasatch Emerging India Fund sold 70,066 shares or 0.6 percent stake at Rs 278.62 each.

Maan Aluminum

  • Stock fell as much as 3.9 percent to Rs 122.60.
  • United India Insurance sold 43,629 shares or 0.6 percent stake at Rs 133.44 each.

Lakshmi Energy and Foods

  • Stock fell as much as 1.6 percent to Rs 33.75.
  • Bank Muscat India Fund sold 8.10 lakh shares at Rs 36.08 each.

IndiaBulls Housing Finance

  • Stock fell as much as 1.5 percent to Rs 1,223.25.
  • BNP Paribas arbitrage bought 27.42 lakh shares or 0.7 percent stake at Rs 1190 each.
  • Europacific growth fund sold 31 lakh shares or 0.7 percent stake at Rs 1190.17 each.

JHS Svendgaard

  • Stock fell as much as 0.5 percent to Rs 75.40.
  • Tarra Fund bought 3 lakh shares or 0.7 percent stake at Rs 76.95 each.
  • Sixth Sense India Opportunities-I sold 4.36 lakh shares or 1 percent stake at Rs 77.11 each.
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