• Trident, Karur Vysya Bank, Great Eastern Shipping Company, Quess Corp, and Timken India are trading with higher delivery volumes compared to Friday.

• Vodafone Idea's total income in Q1FY22 falls by 5% YoY to Rs 9,152 crore with average revenue per user at Rs 104, 2.8% lower than the year-ago period and net losses widening by 4.6% to Rs 7,313 crore.

• Coal India will spend Rs 17,000 crore in capital expenditure (capex) in FY22, a 31% increase in capex against the previous year.

• Apollo Hospitals Enterprise hits a 52-week high after it posts net profits of Rs 489.3 crore in Q1FY22 against a net loss of Rs 20.8 crore YoY, revenues rise 73.7% to Rs 3,784.5 crore.

• Oil And Natural Gas Corporation is trading higher as its total income in Q1FY22 rises by 72% YoY to Rs 1.1 lakh crore, and net profits jumps 6X to Rs 6,846.7 crore.

• HDFC Securities downgrade's its rating on pharmaceutical company Cadila Healthcare to "Reduce" from "Add" with a target price at a 4% because of the delay in the company's Covid-19 vaccine approval.

• SpiceJet's revenue rises by 79.5% YoY to Rs 1,266 crore in Q1FY22, with net losses increasing by 23% to Rs 729 crore.

• Apollo Hospitals, Relaxo Footwears, KNR Constructions, and Akzo Nobel India are trading in the green with over three times their weekly average trading volume.

• Sobha's Q1FY22 net profit rises 63.6% YoY to Rs 10.8 crore, revenues rise 46% to Rs 525 crore.

• Windlas Biotech lists at Rs 437 per share, a 5% discount to the issue price of Rs 460 per share, and Exxaro Tiles lists at Rs 126 per share, a 5% premium to the issue price of Rs 120 per share.

• Glenmark Pharmaceuticals' Q1FY22 net profit rises 43.5% to Rs 399 crore, revenues rise 26.5% to Rs 2,964.9 crore.

• Devyani International lists at Rs 141 per share, a 56.7% premium to the issue price of Rs 90 per share, and Krsnaa Diagnostics lists at Rs 1,025 per share, a 7.4% premium to the issue price of Rs 954 per share.

• Porinju Veliyath buys 3 lakh shares (0.56% stake) of Max India for Rs 2.1 crore in a bulk deal on Friday. In another bulk deal on Friday, Ashish Dhawan sells 32.6 lakh shares (6.06% stake) of the company for Rs 23 crore.

• Uflex's Q1FY22 net profit rises 34.5% YoY to Rs 264.3 crore, revenues rise 38.2% to Rs 2,761.2 crore.

• Nifty 50 was trading at 16,536.50 (7.4, 0.0%) , BSE Sensex was trading at 55,304.42 (-132.9, -0.2%) while the broader Nifty 500 was trading at 14,065.70 (0.4, 0%)

• Market breadth is in the red. Of the 1,705 stocks traded today, 706 were in the positive territory and 934 were negative.

Riding High:

Largecap and midcap gainers today include Apollo Hospitals Enterprise Ltd. (4,345.10, 6.91%), AIA Engineering Ltd. (2,007.60, 4.12%) and Tata Steel Ltd. (1,519.40, 3.95%).

Downers:

Largecap and midcap losers today include Vodafone Idea Ltd. (5.95, -5.56%), Cadila Healthcare Ltd. (532.00, -4.74%) and General Insurance Corporation of India (158.20, -4.30%).

Volume Shockers

18 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Triveni Turbine Ltd. (129.55, 9.60%), Fortis Healthcare Ltd. (257.70, 8.96%) and Apollo Hospitals Enterprise Ltd. (4,345.10, 6.91%).

Top high volume losers on BSE were Mas Financial Services Ltd. (729.60, -5.63%), Poly Medicure Ltd. (877.80, -2.54%) and Crisil Ltd. (2,515.30, -1.11%).

Relaxo Footwears Ltd. (1,209.80, 2.59%) was trading at 7.7 times of weekly average. Akzo Nobel India Ltd. (2,224.95, 0.27%) and Maharashtra Seamless Ltd. (338.80, 5.15%) were trading with volumes 7.6 and 6.5 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

28 stocks hit their 52 week highs, while 2 stocks hit their 52 week lows.

Stocks touching their year highs included - Allcargo Logistics Ltd. (224.00, 4.82%), Apollo Hospitals Enterprise Ltd. (4,345.10, 6.91%) and Bajaj Holdings & Investment Ltd. (4,104.00, -2.23%).

Stocks making new 52 weeks lows included - Aurobindo Pharma Ltd. (738.05, -3.05%) and Gulf Oil Lubricants India Ltd. (597.50, -0.34%).

3 stocks climbed above their 200 day SMA including AIA Engineering Ltd. (2,007.60, 4.12%) and Manappuram Finance Ltd. (170.10, 2.66%). 11 stocks slipped below their 200 SMA including NLC India Ltd. (54.10, -4.08%) and KEC International Ltd. (394.90, -2.65%).