Stocks Radar: Quess Corp, Havells, Steel Strips

India’s benchmark stock index fluctuated between gains and losses as investors weighed their positions ahead of the annual federal budget announcement tomorrow.

The S&P BSE Sensex Index fell as much as 0.34 percent to 35,909, while the NSE Nifty 50 Index dropped 0.35 percent to 11,010. The market breadth was tilted in favour of the buyers.

Twelve out of 19 sector gauges compiled by BSE were trading lower, led by the S&P BSE Consumer Durables Index's 0.54 percent percent drop. On the other hand, S&P BSE Realty Index, which was up 1.1 percent, gained the most.

Here Are The Stocks Moving The Market This Morning:

Havells India: Block Deal Boost

Shares of the Noida-based eletcrical products maker fell as much as 6.5 percent, most in three months, to Rs 517

About 1.04 crore shares of Havells India Ltd. (1.7 percent of equity) changed hands in five block deals in early trading today.

The stock has been falling since three sessions. Trading volume was 84.2 times the 20-day average.

Steel Strips: Contract Win

Shares of the Punjab-based auto parts maker rose as much as 2.5 percent to Rs 1,128.

The company won a contract to supply 4,200 truck wheels in two months from U.S. Truck and Trailer Aftermarket for its Truck Wheels plant in Chennai.

The stock is trading 7.9 above the Bloomberg consensus one-year target price while he consensus rating is equivalent to ‘Buy’.

Quess Corp: Slips On Block Deal

Shares of the Bengaluru-based business services provider fell as much as 9.1 percent, which is the most in over 14 months, to Rs 947.8.

About 50 lakh shares (3.4 percent of equity) changed hands in a block deal.

Quess Corp Ltd. extended a three-day decline period while the trading volume surged to 216 times the 20-day average.

Stocks Reacting To Earnings

Prataap Snacks Q3 (YoY)

• Shares of Prataap Snacks Ltd. fell as much as 3.5 percent to Rs 1,109.7.
• Revenue up 6 percent to Rs 265 crore
• Net profit up 481 percent to Rs 11.4 crore
• Ebitda up 98 percent to Rs 20.3 crore
• Margin at 7.7 percent versus 4.1 percent

GIC Housing Finance Q3 (YoY)

• Shares of GIC Housing Finance Ltd. fell as much as 1.8 percent to Rs 426.3..
• Revenue up 11.1 percent at Rs 281 crore
• Net profit up 22.7 percent at Rs 42.2 crore
• Provisions at Rs 14.6 crore versus Rs 12.5 crore (YoY)

Cholamandalam Investment & Finance Q3 (YoY)

• Shares of Cholamandalam Investment & Finance Company Ltd. rose as much as 2.6 percent to Rs 1,321.5.
• Revenue from operations up 17.6 percent at Rs 1,383 crore
• Net profit up 53.3 percent at Rs 249.2 crore versus Rs 162.5 crore
• Net income margin flat at 9.6 percent (QoQ)

Blue Dart Express Q3 (YoY)

• Shares of Blue Dart Express Ltd. rose as much as 1.5 percent to Rs 4,700.
• Revenue down 2 percent to Rs 705 crore
• Net profit up 61 percent to Rs 45.5 crore
• Ebitda up 40 percent to Rs 80.5 crore
• Margin at 11.4 percent versus 8 percent

Oberoi Realty Q3 (YoY)

• Shares of Oberoi Realty Ltd. rose as much as 4.2 percent to Rs 547.9.
• Revenue up 41 percent at Rs 356.2 crore
• Net profit up 42 percent at Rs 120.2 crore
• Ebitda up 52.5 percent at Rs 192.6 crore
• Margin at 54.1 percent from 50.1 percent

AU Small Finance Bank Q3 (YoY)

• Shares of AU Small Finance Bank Ltd. fell as much as 4.1 percent to Rs 651.3.
• NII up 24.8 percent at 250.4 crore
• Net profit down 4.8 percent at 78.9 crore
• Gross NPA at 2.83 percent versus 3.08 percent (QoQ)
• Net NPA at 1.87 percent versus 2.09 percent (QoQ)

Care Ratings Q3 (YoY)

• Shares of Care Ratings Ltd. fell as much as 1.2 percent to Rs 1,353.3.
• Revenue up 13.5 percent at Rs 74.8 crore
• Net profit down 2.1 percent at Rs 37.3 crore
• Ebitda up 4.8 percent at Rs 46.4 crore
• Margin at 62 percent versus 67.2 percent

Ashoka Buildcon Q3 (YoY)

• Shares of Ashoka Buildcon Ltd. rose as much as 2.9 percent to Rs 229.9.
• Revenue up 25.7 percent to Rs 658.9 crore
• Net profit up 21.5 percent to Rs 51.9 crore
• Ebitda up 28.3 percent to Rs 79.6 crore
• Margin at 12.1 percent versus 11.8 percent

Bharat Financial Q3 (YoY)

• Shares of Bharat Financial Inclusion Ltd. rose as much as 0.7 percent to Rs 1,031.9.
• Net profit up 14 percent at Rs 163 crore
• NII up 34 percent at Rs 296 crore
• Gross NPA at 4.6 percent versus 5.2 percent (QoQ)
• Net NPA at 0.2 percent versus 0.3 percent (QoQ)

Godrej Consumer Q3 (YoY)

• Shares of Godrej Consumer Products Ltd. fell as much as 1.1 percent to Rs 1,046.1.
• Revenue up 9 percent at Rs 2,630 crore
• Net profit up 22 percent at Rs 430 crore
• Ebitda up 16 percent at Rs 589 crore
• Margin at 22.3 percent versus 21 percent
• Volume growth at 18 percent

OBC Q3 (YoY)

• Shares of Oriental Bank of Commerce fell as much as 3.7 percent to Rs 112.8.
• NII at Rs 1,018 crore versus Rs 1,082 crore
• Net loss of Rs 1,985 crore
• Gross NPA at 16.95 percent (QoQ)
• Net NPA at 9.52 percent (QoQ)

Lakshmi Vilas Bank Q3 (YoY)

• Shares of The Lakshmi Vilas Bank Ltd. fell as much as 3.6 percent to Rs 127.
• NII grew 15.2 percent at Rs 219.7 crore
• Loss of Rs 39 crore versus profit of Rs 78 crore
• GNPA at 5.66 percent versus 5.5 percent
• Net NPA at 4.27 percent versus 4.33 percent

Jagran Prakashan Q3 (YoY)

• Shares of Jagran Prakashan Ltd. fell as much as 1.7 percent to Rs 170.
• Revenue down 0.6 percent at Rs 598.1 crore
• Net profit down 11 percent at Rs 87.2 crore
• Ebitda down 13 percent at Rs 162.9 crore
• Margin at 27.2 percent versus 31 percent

Reliance Naval and Engineering Q3 (YoY)

• Shares of Reliance Naval and Engineering Ltd. fell as much as 4.6 percent to Rs 46.9.
• Revenue down 56 percent to Rs 54 crore
• Net loss of Rs 166 crore versus net loss of Rs 133 crore
• Ebitda up at Rs 10 crore versus Rs 4 crore
• Margin at 18.6 percent versus 3.3 percent