Page 2 - Buzzing Stocks
Paras Defence locked in 5% upper circuit after arm bags order of Rs 305 cr
The uptick in the share price came after the company announced that its associate company, Controp-Paras Technologies Private Limited, has secured an order worth Rs 305 crore from L&T.
 "Paras Defence locked in 5% upper circuit after arm bags order of Rs 305 cr")
Piramal Pharma hits record high in weak market; surges 12% on heavy volumes
As many as 43.42 million equity shares, representing 3.3 per cent of total equity of the pharma company, had changed hands on the NSE till afternoon
 "Piramal Pharma hits record high in weak market; surges 12% on heavy volumes")
This recently listed IPO has zoomed 75% against its issue price in 5 days
This recently listed IPO has zoomed 75% against its issue price in 5 days
 "This recently listed IPO has zoomed 75% against its issue price in 5 days")
Olectra Greentech stock zooms 13% on reporting 34% growth in Q1 net
Olectra Greentech Q1FY25 consolidated net profit rose to Rs 24.25 crore from Rs 18.07 crore in Q1FY24. Prior to today, the stock had shed 20 per cent in the last one month.
 "Olectra Greentech stock zooms 13% on reporting 34% growth in Q1 net")
SpiceJet shares fly 7% on six-fold jump in Q4 profit; gains 15% i
SpiceJet shares: SpiceJet airline reported a standalone net profit of Rs 119 crore in Q4FY24
 "SpiceJet shares fly 7% on six-fold jump in Q4 profit; gains 15% i")
Varun Beverages joins Rs 1 trillion m-cap club; zooms 108% in 11 months
At 10:43 AM; with a market cap of Rs 1.02 trillion, VBL claimed the 48th spot in the overall market cap ranking, the BSE data shows.
 "Varun Beverages joins Rs 1 trillion m-cap club; zooms 108% in 11 months")
Auto stocks buck downbeat market trend in May; charts suggest further gains
Given the current market volatility, auto stocks seem to be a better bet for long side trades. Select stocks like M&M and TVS Motor can rally up to another 12 per cent.
 "Auto stocks buck downbeat market trend in May; charts suggest further gains")
Britannia, ITC, Radico: These FMCG stocks may act as hedge in current fall
Selective FMCG stocks may rise up to 11 per cent, even if broader market loses more ground
 "Britannia, ITC, Radico: These FMCG stocks may act as hedge in current fall")
Page Industries rallies 8% in three days; hits new high in a weak market
Going foward, the company expects that the growing urban women population and women corporate workforce are better growth opportunities
 "Page Industries rallies 8% in three days; hits new high in a weak market")
Sensex, Nifty end flat after choppy day; financials fall, Godrej Prop up 9%
CLOSING BELL: Bajaj Finance, Asian Paints, IndusInd Bank, ICICI Bank, Nestle India, HUL, Reliance Industries, HDFC Bank, Axis Bank, and SBI were the top laggards on the Sensex index
 "Sensex, Nifty end flat after choppy day; financials fall, Godrej Prop up 9%")
IndusInd Bank rises 3% on UBS upgrade; notches 9% gain in last 3 sessions
IndusInd Bank is likely to get added to the MSCI India Index during the rebalancing exercise in August following a sharp increase in the investment legroom for foreign portfolio investors (FPIs)
 "IndusInd Bank rises 3% on UBS upgrade; notches 9% gain in last 3 sessions")
Godrej Consumer, Raymond dip up to 6% day after reporting Rs 2,825 cr deal
The proceeds from the sale of FMCG business would be utilized for repayment of debt and infusing of funds in the Lifestyle business, Raymond said.
 "Godrej Consumer, Raymond dip up to 6% day after reporting Rs 2,825 cr deal")
City Union Bank surges 10% on re-appointment of N Kamakodi as MD & CEO
n the past six months, City Union Bank has underperformed the market by falling 26 per cent, as compared to 1 per cent rise in the S&P BSE Sensex
 "City Union Bank surges 10% on re-appointment of N Kamakodi as MD & CEO")
Stock of this railway wagons maker has zoomed 1,412% from March 2020 lows
Titagarh Wagons hit a new high of Rs 310, surging 8% today, after its consortium with BHEL bagged an order worth Rs 9,600 crore to supply 80 sleeper class Vande Bharat trains
 "Stock of this railway wagons maker has zoomed 1,412% from March 2020 lows")
United Breweries hits 52-week low; dips 17% in 3 months on margin concerns
The company said it continues to remain optimistic on the long-term growth of the industry, driven by rising prosperity, youthful population and evolving consumer trends driving premiumization.
 "United Breweries hits 52-week low; dips 17% in 3 months on margin concerns")
Nifty Realty index rallies 7% in 2 days after RBI keeps repo rate unchanged
This move would provide further boost to the affordable and mid-income housing segments, analysts said
 "Nifty Realty index rallies 7% in 2 days after RBI keeps repo rate unchanged")
L&T hits record high on strong business outlook; stock jumps 9% in 6 days
On Monday, L&T announced that the hydrocarbon business of the company secured a significant order under its AdVENT (Advanced Value Engineering and Technology) business vertical
 "L&T hits record high on strong business outlook; stock jumps 9% in 6 days")
Oil & Gas shares in focus: MGL hits 52-week high; ONGC, IGL jump up to 3%
The Government of India has accepted several key recommendations made by the Kirit Parikh Committee with respect to the pricing of natural gas produced from the APM fields.
 "Oil & Gas shares in focus: MGL hits 52-week high; ONGC, IGL jump up to 3%")
Godrej Properties soars 8% on strong Q4 business update
The management said sales growth for the year was on the back of both an improving project mix as well as strong volume growth of 40 per cent.
 "Godrej Properties soars 8% on strong Q4 business update")
Tata Motors surges 8% on better than expected JLR wholesales in Q4
Tata Motors' wholesales of 107,386 units at JLR for Q4FY23, comes as a positive development as, during the last call, the company had guided for wholesales at over 80,000 units
 "Tata Motors surges 8% on better than expected JLR wholesales in Q4")