These stocks are likely to be in focus on April 29

These stocks are likely to be in focus on April 29

by 5paisa Research Team Last Updated: Dec 13, 2022 - 01:51 pm 30k Views

At market close on Thursday, the Sensex was up by 701.67 points or 1.23% at 57,521.06 level, and the Nifty was trading at 17,245.05, up by 206.65 points or 1.21% points. 

The global markets were up due to good earning results and European markets were flat, owing to oil supply issues. 

A total of 3,518 shares were traded on the BSE, out of which 1,656 shares have advanced, 1,753 shares have declined and 109 shares are unchanged. 

These stocks are likely to be in focus for Friday's trading session -

 Bajaj Finserv Limited: The shares of Bajaj Finserv surged 1.25% to Rs 15,013.80 after the company reported a 37% rise in consolidated net profit to Rs 1,346 crore in Q4 FY22 from Rs 979 crore in Q4 FY21.The total income during the quarter increased by 23% YoY to Rs 18,862 crore. Profit before tax in Q4 FY22 stood at Rs 3,462 crore, up by 47% from Rs 2,359 crore in Q4 FY21. Bajaj Finserv is the holding company for the various financial services businesses under the Bajaj group. Shares of Bajaj Finserv were at Rs 3547.70, down by 1.78% at market close on Thursday.

SBI Life Insurance Company Limited: SBI Life, reported a 26% rise in net profit at Rs 672.15 crore for the fourth quarter ended March. The private sector insurer's profit stood at Rs 532.38 crore in the same quarter of the previous fiscal, according to a regulatory filing. However, total income rose marginally by 2.5% to Rs 21,427.88 crore in the quarter under review from Rs 20,896.70 crore in January-March 2021 period.Net premium income rose 12% year on year to Rs 17,433.77 crore compared with Rs 15,555.74 crore in the same quarter last year. The shares of SBI Life were up by 3.99% on the BSE.

Bharat Heavy Electricals Limited: Bharat Heavy Electricals Ltd and GE Power Conversion have signed a Memorandum of Understanding (MoU) in order to provide a boost to India's indigenous capability in the field of advanced technology for Integrated Full Electric Propulsion Systems. With this MoU, the expertise and facilities of GE Power Conversion and BHEL can be leveraged for quick induction of this advanced technology, combining indigenous manufacture, by the Indian Navy, which has been at the forefront of Aatmanirbhar Bharat -Make in India programme. The stock ended at 2.28% lower, at Rs 53.80 on the BSE on Thursday.

52-week high stocks – From the BSE 500 pack, the stocks of CRISIL, Fine Organics, Adani Power, Reliance Industries, and IIFL Finance have hit their 52-week high on Thursday.

Also read: Axis Bank beats street estimates with 54% jump in Q4 profit

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