• 08/08/2022 9:14 pm

Benchmark indices ended with marginal losses on August 12 on the back of selling seen in the metal, pharma and FMCG stocks. At close, Sensex was down 37.38 points or 0.10% at 38369.63, and the Nifty was down 14.10 points or 0.12% at 11308.40. About 1487 shares have advanced, 1207 shares declined, and 140 shares are unchanged. Here are 10 stocks that moved the most on August 12:

Punjab Chemicals | CMP: Rs 528 | The stock surged over 18 percent after the company’s Q1 consolidated net profit rose 80 percent YoY at Rs 11.2 crore versus Rs 6.2 crore, while revenue was down 22% at Rs 132.2 crore against Rs 169.4 crore, reported CNBC-TV18. Earnings before, interest, tax, depreciation and amortisation (EBITDA) was up 30.6% at Rs 22.1 crore and margin was at 16.7 percent, YoY.

Natco Pharma | CMP: Rs 845 | The stock shed over 2 percent after the company’s consolidated net profit declined 14.5 percent YoY at Rs 122.1 crore against Rs 142.8 crore. Revenue was up 14.4 percent at Rs 563.4 crore against Rs 492.3 crore, reported CNBC-TV18.

Adani Ports and Special Economic Zone | CMP: Rs 341 | The share price gained almost 2 percent after the company reported a 26.2 percent year-on-year decline in consolidated profit at Rs 757.8 crore for Q1 FY21, impacted by the lockdown. Consolidated revenue from operations fell 18 percent to Rs 2,292.7 crore compared to the same period last year as cargo throughput dropped YoY. Kotak has a buy with target at Rs 400 and Citi also has a buy rating with target at Rs 402.

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