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These 5 Stocks are up in a falling market. Here's Why… - Market News | The Financial Express

Published 1 month ago4 minute read

The markets are under significant pressure with headline indices Sensex and Nifty trading in negative territory. Despite the RBI rate cut and the BJP’s victory in the Delhi elections, investor sentiment remains weak for lack of fundamental triggers. Except for FMCG, all major sectoral indices are in the red, with the metal index plunging nearly 3%. Broader markets are also under pressure, as BSE Midcap and Smallcap indices decline by 1% each.

However, it is not all gloom and doom. There are a few stocks that have managed to stay afloat.

Here’s a look at five stocks in the BSE 100 that are trading in the green today.

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Britannia has emerged as a bright spot on the BSE 100 Index. The share price of Britannia is up 2.55% intra-day. This upward movement in the share price of Britannia comes at a time when the broader market sentiment remains bearish. Britannia Industries’ Q3 operating revenues up 6% and volume growth too came in higher than estimates at 6%. Other operating income surged 101% in Q3 on account of government grants related to Ranjangaon factory.

Britannia’s share price has shown mixed trends across different time frame. Over the past month, it has gained 1.08%, but in the last six months, it has dropped by 11.55%. On a yearly basis, however, Britannia has delivered a modest return of 0.49%.

Cummins India is leading the gainers list today, with its share price climbing 6.65% to Rs 2,930.20. This is on the back of the company’s Q3FY25 performance. It has reported a 21.8% YoY revenue growth, reaching Rs 3,096.15 crore, compared to Rs 2,541.38 crore in the same quarter last year. EBITDA rose 10% to Rs 597.57 crore, although margins dipped slightly from 21.3% to 19.3%.

Despite a 7.08% gain in the past five days, Cummins India’s share price has seen a 1.96% decline over the past month and indicating a 21.70% drop in the last six months. However, on a one-year basis, the stock has risen by 14.42%.

Tata Consumer Products share price is also trading in the green today, with its stocks up 1.44% at Rs 1,035.00. While the company’s shares saw a marginal decline over the past five days, they have gained 6.39% in the last month.

In its Q3FY25 results, Tata Consumer reported a 17% YoY increase in revenue, touching Rs 4,443 crore. However, net profit remained flat at Rs 279 crore.

FMCG giant HUL is also showing strength, with its share price up close to a percent. The company, which owns popular brands like Dove, Vim, Surf Excel, and Horlicks, reported an 18.9% YoY rise in consolidated Q3FY25 net profit at Rs 2,984 crore, compared to Rs 2,509 crore in the previous year.

Despite today’s gains, HUL’s share price has seen a 2.55% decline over the past month and a 13.45% drop in the last six months.

United Spirits is trading on a positive note today, with its share price rising 0.68% in intraday trade.

Looking at a broader horizon, the United Spirits share has maintained a steady upward trajectory, gaining 1.42% over the past six months. On a one year basis, United Spirits has delivered a 10% return.

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