Stocks to watch on April 27th: Tech Mahindra, HDFC Life, IRCTC, SBI Cards, Castrol India

Stocks to watch on April 27th: Tech Mahindra, HDFC Life, IRCTC, SBI Cards, Castrol India

Stocks to watch on April 27th: On Tuesday, both Sensex and Nifty continue their bullish trend from the last session of the stock market. The Sensex is trading above 48,600 levels and nifty trading above 14,500 levels in the stock market. The Sensex gained 240.05 points with a 0.50% increase and reached 48,625.48 levels. While the nifty gained 79.60 points with a 0.55% increase and reached 14,564.55 levels.

On the other side, the number of coronavirus cases in India on Tuesday, April 27th reached 1,76,36,307 with almost 1,97,894 deaths.

Tech Mahindra Limited: On Monday, the company reported its quarterly results for the financial year 2021-22. The companies consolidated net profit declined by 17.40% QoQ to Rs. 1,081.40 crores in Q4FY21. While the companies total revenue from operations increased by 0.90% QoQ to Rs. 9,729.90 crores. Moreover, the company decided to acquire 100% stakes in Events Solutions Group LLC.

However, the shares of Tech Mahindra Limited on Tuesday reported a bearish trend in the stock market. It lost 7.70 points with a 0.80% decrease and reached 954.50 INR. While in BSE, the company lost 8.70 points with a 0.90% decrease and reached 954.45 INR.

HDFC Life Insurance Company Limited: On Monday, the insurance company reported its Q4 results for the financial year 2021-22. The company reported a net profit of Rs. 319.06 crores as against Rs. 311.65 crores in the same quarter last year. While the companies net premium income during the quarter stood at Rs. 12,869.55 crores as against Rs. 10,475.95 crores in the same quarter last year.

However, the shares of HDFC Life Insurance Company Limited on Tuesday reported a bearish trend in the stock market. It lost 9.20 points with a 1.31% decrease and reached 695.25 INR. While in BSE, the company lost 9.35 points with a 1.33% decrease and reached 695.40 INR.

Paisalo Digital Limited: The company shares acquired by the State Bank of India for Rs. 615 per share with almost 3,99,212 equity shares via the bulk deal.

However, the shares of Paisalo Digital Limited on Tuesday reported a bullish trend in the stock market. It gained 54.20 points with an 8.80% increase and reached 669.85 INR. While in BSE, the company gained 40.10 points with a 6.38% increase and reached 665.00 INR.

Snowman Logistics Limited: On Monday, the company reported its Q4 results for the financial year 2021-22. The company posted a loss of Rs. 0.42 crores as against a loss of Rs. 1.17 crores in the same quarter last year. While the companies revenue during the quarter raised to Rs. 64.10 crores as against Rs. 60.98 crores in the same quarter last year.

However, the shares of Snowman Logistics Limited on Tuesday reported a bearish trend in the stock market. It lost 1.00 points with a 1.83% decrease and reached 53.55 INR. While in BSE, the company lost 1.20 points with a 2.20% decrease and reached 53.50 INR.

Schaeffler India Limited: On Monday, the company reported its Q4 results for the financial year 2021-22. The company reported a net profit of Rs. 139.54 crores as against Rs. 78.35 crores in the same quarter last year. While the companies revenue during the quarter stood at Rs. 1,316.82 crores as against Rs. 928.54 crores in the same quarter last year.

However, the shares of Schaeffler India Limited on Tuesday reported a bullish trend in the stock market. It gained 51.45 points with a 0.97% increase and reached 5,223.20 INR. While in BSE, the company gained 47.25 points with a 0.91% increase and reached 5,230.00 INR.

IRCTC Limited: Indian Railways decided to suspend the operations of the Lucknow – New Delhi Tejas Express due to a raise in covid cases in both cities.

However, the shares of IRCTC Limited on Tuesday reported a bearish trend in the stock market. It lost 13.85 points with a 0.80% decrease and reached 1,717.00 INR. While in BSE, the company lost 15.40 points with a 0.89% decrease and reached 1,715.90 INR.

SBI Cards and Payment Services Limited: On Monday, the company reported its Q4 results for the financial year 2021-22. The company reported a net profit of Rs. 175.00 crores as against Rs. 84.00 crores in the same quarter last year. While the companies revenue during the quarter declined to Rs. 2,308.68 crores as against Rs. 2,433.24 crores in the same quarter last year.

However, the shares of SBI Cards and Payment Services Limited on Tuesday reported a bullish trend in the stock market. It gained 9.40 points with a 1.02% increase and reached 928.75 INR. While in BSE, the company gained 9.85 points with a 1.07% increase and reached 928.95 INR.

Castrol India Limited: On Monday, the insurance company reported its Q4 results for the financial year 2021-22. The company reported a net profit of Rs. 243.60 crores as against Rs. 125.20 crores in the same quarter last year. While the companies revenue during the quarter stood at Rs. 1,138.70 crores as against Rs. 688.00 crores in the same quarter last year.

However, the shares of Castrol India Limited on Tuesday reported a bullish trend in the stock market. It gained 4.65 points with a 3.71% increase and reached 129.95 INR. While in BSE, the company gained 4.55 points with a 3.63% increase and reached 129.80 INR.

Top Gainers on April 27th: Hindalco Industries, Tata Steel, Adani Ports, Reliance Industries, and Larsen & Toubro are the top gainers in today’s stock market.

Top Losers on April 27th: HDFC Life, Axis Bank, SBI Life Insurance, Kotak Mahindra Bank, and Tech Mahindra are the top losers in today’s stock market.

The post Stocks to watch on April 27th: Tech Mahindra, HDFC Life, IRCTC, SBI Cards, Castrol India appeared first on Stock Investor.

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