The markets are trending lower on a year-to-date basis. But that’s not dented interest in the stocks. Some stocks were searched extensively. Here is a list of the 5 stocks that were searched most on Google as per the latest data on Google Trend:
Natco Pharma
The share price of Natco Pharma closed the last trading session (February 14) 9.7% lower at Rs 880.95. The fall in stock prices and jump in search came after its net profit for the reporting quarter fell 37.7% year-on-year to Rs 1,324 crore from Rs 2,127 crore. Its total revenue slipped 18.1% YoY to Rs 6,511 crore against last year’s Rs 7,956 crore. This eroded Natco Pharma’s share price by over 32% in the last five trading sessions.
ALSO READMarkets snap 8-day losing streak. Nifty closes near 23,000, Sensex up 70 points led by pharma ONGC
A joint venture between ONGC and NTPC acquired a 100% equity stake in Ayana Renewable Power for Rs 19,500 crore ($2.3 billion). This deal marked the first strategic investment by government-owned companies in India’s renewable energy sector. Also, the company signed a pact with global oil major BP to explore collaboration in exploration and production, trading and other energy vectors, in India and internationally. However, ONGC’s share price has lost more than 6% in the previous five trading sessions.
Jio Financial Services
Jio Financial Services’ share price has been on a losing streak, falling almost 11% in the past five days. Its stock price has been falling since it reported earnings for the third quarter of FY25. Its revenues rose to Rs 449 crore in Q3 FY25 compared with Rs 414 crore in the third quarter of the previous fiscal year. The consolidated net profit came flat at Rs 295 crore, up 0.3% YoY for Q3 FY25, as against Rs 294 crore in the same quarter of the previous fiscal year.
Deepak Nitrite
Deepak Nitrite’s share price declined 19% in the past five days. The major fall came in the previous two trading sessions. This fall came after it reported a huge drop in its net profit. The company reported a net profit of Rs 98 crore in Q3 FY25, plummeting 51.5% YoY from Rs 202 crore in Q3 FY24. The company’s revenue fell 5.3% YoY to Rs 1,903.4 crore,
» Read More