Top 10 stocks for today

4 Aug 2022 , 08:12 AM

The Nifty futures contract on the Singapore Exchange rose 71.5 points, or 0.4%, to close at 17,511, indicating that stock markets may open higher on Thursday. The following 10 stocks may be the most traded ones in today’s market:

1. Vodafone Idea:

Following an increase in interest and finance costs as well as EBIT loss, the telecom operator reported a loss of Rs7,296.7 crore for the quarter ended June 2022 as opposed to Rs6,563.1 crore the prior quarter. The June 2022 quarter’s operating revenue increased by 1.6% to Rs10,410.10 crore.

1. Adani Transmission:

For the three months that ended on June 30, the Adani Group company reported a combined net profit after tax (PAT) of Rs168.46 crore. The company’s consolidated PAT for the same quarter previous fiscal year was Rs433.24 crore.

1. Bharti Airtel:

The telecom operator stated it had secured 5G network agreements with equipment suppliers Ericsson, Nokia, and Samsung to start deployment this month just days after placing bids for spectrum in auctions.

1. Interglobe Aviation:

The aviation company’s net loss for the June FY23 quarter was Rs1,064.3 crore, which was lower than the loss of Rs3,174.2 crore in Q1FY22. To reach Rs12,855.3 crore during the same period, revenue increased by 327.5%.

1. Adani Power:

Due to an increase in revenue, the utility player’s consolidated net profit more than doubled to Rs4,779.86 crore in the quarter ended June 2022. The company’s consolidated net profit for the prior fiscal year was Rs278.22 crore.

1. Adani Wilmar:

For the quarter ending in June, the producer of edible oils recorded a 10% increase in overall net profit at Rs193.59 crore due to greater sales. Its net profit during the same quarter prior fiscal year was Rs175.70 crore.

1. AU Small Finance Bank:

With a floor price of Rs590.84 per share, the private lender launched its qualified institutional placement (QIP) to raise up to Rs2,500 crore. The capital raising committee for the bank met and made the choice.

1. Inox Leisure:

The operator of the multiplex chain posted a consolidated net profit of Rs57.09 crore for the quarter ended in June, driven by increasing moviegoer attendance. In the months of April to June of the previous year, the company reported a net loss of Rs122.28 crore.

1. Pradeep Phosphates:

The recently listed private player reported operating revenue of Rs2,435 crore for the first quarter of the 2022—2023 fiscal, an increase of 85% over the same period in the previous year. In comparison to Rs60 crore during the same time in the previous year, the profit after tax increased to Rs63 crore, up 5%.

1. Satin Creditcare Network:

The increase in loan disbursements helped the microfinance lender achieve a net profit of Rs60 crore for the quarter ending in June 2022. A year prior, it reported a net loss of Rs71 crore.