Maruti, Axis Bank and other stocks that moved most on January 25

The 30-scrip BSE Sensex surged 366.64 points or 0.64% to close at 57,858.15. Similarly, the NSE Nifty rose 128.85 points or 0.75% to close at 17,277.95. Except IT, all other sectoral indices ended in the green with PSU bank, auto, power, and the bank grew 2-4%. BSE midcap and small indices gained 0.8-1%.

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Here are the key stocks that moved most during today’s trading session:

Maruti Suzuki: The stock jumped by 6.88% to close at Rs 8650.10 after the country’s largest carmaker reported a consolidated profit after tax (TAX) of Rs 1,042 crore for the quarter ended December 31, 2021. PAT was 48% from Rs 1,997 crore in the year-ago period. Net profit stood at Rs 487 crore in the previous quarter. Consolidated revenue was at Rs 23,253 crore as against Rs 23,471 crore in the year-ago period. Revenue in the previous quarter was Rs 20,551 crore.

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Axis Bank: The lender’s stocks spiked by 6.76% to close at Rs 750.55 after it reported a 224% year-on-year increase in its net profit at Rs 3,614 crore. The bank reported a 17% rise in its net interest income (NII) to Rs 8,653 crore. The gross non-performing asset (NPA) ratio slipped 36 basis points to 3.17%. Net NPA ratio fell 17 basis points on-quarter to 0.91 percent.

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Lux Industries: The share dropped 20% to close at Rs 2,813.70 after the company’s executive director was banned for insider trading, raising corporate governance concerns. SEBI barred 14 entities for insider trading and ordered impounding of “ill-gotten gains” worth Rs 2.94 crore in the Lux Industries case.

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Car Trade Tech Ltd: The stock dropped 6.35% to close at 719.45 after the company reported a net loss of Rs 23.3 crore for the quarter ended December 31, 2021, as against 18.2 crore in the year-ago period.

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Bharti Airtel: The telecom stock gained 3.23% to close at Rs 711.90 after the company announced that the board will consider and evaluate the proposal for issuing equity shares through a preferential issue on January 28.