Stocks in focus on May 20, 2020

The markets ended in inexperienced in tandem with international shares.

The BSE Sensex rose 167.19 factors or 0.56 p.c to 30,196.17 whereas the NSE Nifty closed 55.85 factors or 0.63 p.c increased at 8,879.10.

Major gainer in the Sensex pack was Bharti Airtel. The firm’s scrip rose 11.34 p.c regardless of posting heavy This autumn losses. The Telecom operator on Monday posted a consolidated lack of Rs 5,237 crore for the January-March quarter of 2019-20 fiscal primarily on account of provisions for statutory dues.

Other main gainers have been ONGC, Ultrachem, ITC, Powergrid, NTPC, Tata Steel, Maruti, HDFC, M&M, Kotak Bank and Titan, rising upto 5.76 p.c.

Major laggards on the opposite hand have been, IndusInd Bank, RIL, LT, SBI, HUL, Axis Bank, HDFC Bank and Nestle, falling upto 2.39 p.c.

Here are the shares in focus on May 20, 2020

Tata Power

Tata Power posted a two-fold soar in its consolidated web revenue to Rs 475 crore in the January-March quarter in comparison with the year-ago interval. The firm’s consolidated web revenue was Rs 172 crore in the quarter ended on March 31, 2019.

Apollo Tyres

Apollo Tyres on Tuesday reported a 7.36 per cent decline in its consolidated web revenue to Rs 77.Eight crore for the fourth quarter ended March 31, 2020.
The firm had posted a web revenue of Rs 83.99 crore for the January-March interval of 2018-19.

Larsen & Toubro Infotech

The IT providers arm of L&T Group, has reported a 13.1% QoQ enhance in its consolidated web revenue at Rs 426.7 crore for March quarter FY20 as in comparison with Rs 377.three crore posted in December quarter of the identical 12 months.

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