Page 25 - Buzzing Stocks
Rail Vikas gains 13% in 3 days on securing orders worth of Rs 1,173 crore
On Wednesday, January 11, RVNL announced that the company bagged a Chennai Metro Rail project worth of Rs 1,134 crore and the project has to be completed in 1,065 days.
 "Rail Vikas gains 13% in 3 days on securing orders worth of Rs 1,173 crore")
HCL Tech down 3% as investors turn cautious on lowered revenue guidance
Despite strong performance in Q3, management lowered guidance in services and total revenue growth indicating weak Q4FY23.
 "HCL Tech down 3% as investors turn cautious on lowered revenue guidance")
L&T Technology Services dips 5% on plans to buy SWC biz from parent L&T
LTTS said that it has agreed to acquire the Smart World & Communications business (SWC) of its parent company Larsen & Toubro (L&T) by way of slump sale for Rs 800 crore.
 "L&T Technology Services dips 5% on plans to buy SWC biz from parent L&T")
Paytm, Nykaa slide up to 9% after huge block deals at both counters
Till 01:53 PM, about 30.5 million shares, representing 4.7 per cent of the total equity of Paytm, had changed hands on the NSE
 "Paytm, Nykaa slide up to 9% after huge block deals at both counters")
Stock of this SME plastic products maker has zoomed 100% in 15 trading days
In past two days, the stock price of Captain Pipes has rallied 20% after the company said its board will meet on January 27 to consider stock split and bonus issue proposal.
 "Stock of this SME plastic products maker has zoomed 100% in 15 trading days")
Goldiam Int'l soars 16% after Ashish Kacholia buys stake in Dec quarter
As on December 31, 2022, Ashish Kacholia's stake in Goldiam International stood at 1.01%, against nil or below 1% at the end of September quarter, data shows.
 "Goldiam Int'l soars 16% after Ashish Kacholia buys stake in Dec quarter")
Sah Polymers debuts on strong note; lists at 31% premium to issue price
Post listing, the stock hit a high of Rs 89.25, up 37 per cent when compared with its issue price of Rs 65 per share.
 "Sah Polymers debuts on strong note; lists at 31% premium to issue price")
Varun Beverages extends fall on profit booking; stock slips 10% in 3 days
Any increase in GST/cess could adversely impact the consumption of carbonated drinks and other beverages, said ICICI Securities
 "Varun Beverages extends fall on profit booking; stock slips 10% in 3 days")
CARE Ratings surges 7%, hits 52-week high in subdued market
In past one month, the stock has outperformed the market by surging 20 per cent, as compared to 3 per cent decline in the Sensex.
 "CARE Ratings surges 7%, hits 52-week high in subdued market")
Stocks to Watch: Infy, HCL Tech, Sah Polymers, Concor, IIFL Wealth, RailTel
Stocks to Watch: Infosys and HCL Technologies to announce Q3 results; Sah Polymers to debut on Thursday.
 "Stocks to Watch: Infy, HCL Tech, Sah Polymers, Concor, IIFL Wealth, RailTel")
Shriram AMC zooms 73% in 3 days post appointment of Kartik Jain as MD & CEO
The company said Jain's appointment as MD and CEO will re-orient the brand's customer strategy and enhance operational efficiency
 "Shriram AMC zooms 73% in 3 days post appointment of Kartik Jain as MD & CEO")
Stock of this auto ancillary company has zoomed 38% in 3 days
In the past eight months, it has more-than-doubled or zoomed 203 per cent from Rs 116.05, which it had touched on May 12, 2022
 "Stock of this auto ancillary company has zoomed 38% in 3 days")
OMCs trade firm in a range-bound market; IOC, HPCL, BPCL surge up to 5%
After two tight quarters of profit-margin shrinkage due to global volatility, Indian OMCs are expected to see reduction in operational losses in the October-December quarter (Q3FY23).
 "OMCs trade firm in a range-bound market; IOC, HPCL, BPCL surge up to 5%")
Bharti Airtel slips 4% after JP Morgan downgrades stock to 'Underweight'
Higher-than-expected capex, delayed price repair and a lack of 5G monetization should halt the industry wide ROIC repair that the brokerage firm now expects to decline/flat-line over FY23-25.
 "Bharti Airtel slips 4% after JP Morgan downgrades stock to 'Underweight'")
Transformers and Rectifiers India surges 10% on healthy growth outlook
In past one week, the stock has outperformed the market by surging 25 per cent, as compared to 1.8 per cent decline in the S&P BSE Sensex.
Jindal Steel & Power up 2%, hits over 10-month high in a choppy market
Monnet Power Assets, once operational, will provide an opportunity for the company to improve the heat rate, resulting in lower usage of coal in the power plant, said ICICI Securities in its report.
 "Jindal Steel & Power up 2%, hits over 10-month high in a choppy market")
Stocks to Watch: Adani Wilmar, CPSEs, Sigachi, Bank of Baroda, PC Jeweller
Stocks to Watch: GNFC and Indiabulls Housing Finance are the only stocks in F&O ban period on Wednesday.
 "Stocks to Watch: Adani Wilmar, CPSEs, Sigachi, Bank of Baroda, PC Jeweller")
CLSA upgrades Tata Motors to 'Buy' after JLR wholesales jump 15% YoY in Q3
Shares of Tata Motors surged 7 per cent in Tuesday's intra-day trade to hit a high of Rs 417.7 apiece
 "CLSA upgrades Tata Motors to 'Buy' after JLR wholesales jump 15% YoY in Q3")
Adani Group shares under pressure; Adani Ent falls 5%, Adani Ports down 3%
Some of the biggest Adani group backers from the Gulf are likely to be among the largest buyers of the Adani Enterprises' FPO, which is expected to be launched later this month.
 "Adani Group shares under pressure; Adani Ent falls 5%, Adani Ports down 3%")
Sona Comstar to acquire 54% stake in Serbian firm NOVELIC; stock jumps 9%
Sona Comstar will acquire this 54 per cent equity stake in NOVELIC for euro 40.5 million through a combination of primary and secondary purchases
 "Sona Comstar to acquire 54% stake in Serbian firm NOVELIC; stock jumps 9%")