11 Stocks To Keep an Eye on; Know Their Performance

28 February 2022
6 mins read
11 Stocks To Keep an Eye on; Know Their Performance

There is currently a situation of uncertainty in the global market. However, some stocks are expected to make a buzz in the market. Analysts advise interested investors to keep a keen eye on them.

Continue reading to obtain more details on this matter!

Wipro Limited

Wipro Limited, the multinational conglomerate company, has decided to increase its headcount in Brazil. Thus, the company will hire over 500 new professionals within the next financial year.

It is to meet its growing client base and provide cloud delivery needs. The company’s stock has experienced a 27% upward movement over the past year but a 6% fall in the last month.

Infosys Limited

Infosys Limited is the global leader in next-gen digital consulting and services. Furthermore, this company is launching ‘Metaverse Foundry’ to simplify and speed up this enterprise’s exploration in the metaverse. It includes augmented and virtual environments for the company’s workplace, customers, operations and products.

This Metaverse Foundry of Infosys is an essential part of the company’s living lab. With this, the company plans to drive the agenda of digital innovation to match the market trends and emerging priorities. Infosys stocks have gained a 32% return over the last year.

Gillette India Limited

On 23 February 2022, Life Insurance Corporation acquired around 2,000 equity shares of Gillette India Ltd. through open market transactions. With this, LIC currently holds 5% of the company stake, which is 4.99% up from the previous holdings. Its stock has experienced a down of 11% in the past year and a 4% decline in one week.

NHPC Limited

NHPC Limited is an Indian Government hydropower board. This company has recently signed a Facility Agreement with HDFC Bank to secure the equity return of the Chamera-1 power station with a capacity of 540 MW for ten years.

The amount that served the purpose amounted to Rs. 1,016.39 crores at a discounting rate of 5.24% per annum linked to the treasury bills for three months. Its stock has been highly volatile recently. For example, in the past one week, it experienced a 9% decline; however, a total of 15% returns in the past year.

Linde India Limited

Linde India Ltd. is one of India’s leading suppliers of gases and other related products and services. It has earned a considerable profit in the last quarter ended in December 2021. The percentage increase equals 19.4% year-on-year, amounting to Rs. 6.78 crores. In addition, its revenue also grew by 35.5% to Rs. 644.1 crores in the same period.

As a result, the firm announced a dividend of Rs. 13.50 for each share to its investors for the calendar year of 2021. Moreover, there’s an appreciation in the stock of 89% in the past year. However, the trading has been flat in the last one month.

KSB SE & Co. KGaA

It is a German multinational company that manufactures pumps and valves. Its profit grew by 23.1% year-on-year in the December quarter of FY 22 to Rs 39.4 crores. This healthy growth pace was possible because of lower depreciation and increased other income. The company’s revenue grew simultaneously by 20.2% on a year-on-year basis to Rs. 444.6 crores by its pump business.

So the company declared a dividend for the December year 2021 at the rate of Rs. 12.50 for each share. Its stock has generated around 39% returns in the last year but has been down the previous month, i.e., by 23%.

Seacoast Shipping Services Limited

Seacoast Shipping Services Ltd. is to form a joint venture with the Government of Gujaratas they are now ready to work with the firm. The stock in the last year has declined by 89% and 15% in the past week.

Hazoor Multi Projects Limited

Hazoor Multi Projects Ltd is a real estate company. Recently, it has come in contract with Gayatri Projects amounting to Rs. 303 crores. Through this contract, the company plans to complete Chainage’s balance work in Ahmedabad. The stocks have appreciated in the past three months by 49%. But there has been a fall of 55 in the past week.

Cupid Limited

Cupid Ltd. has received a massive order from the United Nations Population Fund (UNFPA). This UN agency has demanded male condoms amounting to Rs. 4.25 crores and water-based lubricants of an amount totalling Rs. 1.01 crores. The stock has received a decline of 11% in the past year and a down of 8% in the previous week.

Arihant Capital Markets Limited

Arihant Capital Markets Limited is the best online stock broker service provider. The company’s board membershave considered paying an interim dividend for FY 2021-2022 on 3 March 2022. They will even carry a subdivision of equity shares’ face value from Rs. 5 to Re. 1 per share.

In the past three months, the stocks of Arihant Capital Market Limited have been trading higher by around 123%. On the other hand, it has increased up to 33% for the last month.

Vesuvius India Ltd.

This company is a global leader in metal flow engineering, providing solutions worldwide. It has gone through a decline in terms of net profit for the quarter of October 2021 to December 2021 in FY 22. The percentage stands at 19% year-on-year to Rs. 13.14 crores. As a result, this is making a direct impact on raw material costs and employee expenses.

However, the company’s total revenue has increased up to 10.4% to Rs. 259 crores compared to the previous year’s revenue. So, the board has declared a dividend for the fiscal year ending on 31 December 2021 at Rs. 8 per share. The stocks experienced a negative impact by losing 7.7% in the past year. Moreover, there was a fall of 6.8% in the last week.

Wrapping Up

Analysts say that in the coming few days, the market will be full of volatility because of the Russia and Ukraine crisis. However, some stocks are still recovering due to positive changes made within. However, interested investors should always be cautious before investing by keeping all the investing factors and the company’s financials and vision in mind.

Frequently Asked Questions

  1. What is the stock price of Vesuvius India Ltd. today?

The company’s share price stands at Rs. 988 as of 25 February 2022, 12:31 PM.

  1. Where is the headquarters of Wipro Limited located?

The headquarters of this Indian multinational conglomerate is located in Bangalore, Karnataka, India.

  1. When was Infosys Limited founded?

Infosys Limited was founded on 2 July 1981 in Pune.

Disclaimer: This blog is exclusively for educational purposes and does not provide any advice/tips on investment or recommend buying and selling any stock.