Page 26 - Buzzing Stocks
Schneider Electric soars 14%, hits over 7-year high on positive outlook
In past 12 trading sessions, the stock has zoomed 44 per cent and now quotes at its highest level since August 2015.
 "Schneider Electric soars 14%, hits over 7-year high on positive outlook")
CG Power hits record high; stock surges 10% in two days on heavy volumes
In H1FY23, Ebitda margins improved 200 bps to 14.2% on account of improved sales realisation, favourable product mix, moderation in input costs, procurement efficiencies and better operating leverage.
 "CG Power hits record high; stock surges 10% in two days on heavy volumes")
TCS dips 2% as Q3 profit misses estimates; board okays Rs 75/sh dividend
Moderation of attrition is a positive and indicates easing of supply side challenges, which is likely to support margins, going ahead, ICICI Securities said in its note.
 "TCS dips 2% as Q3 profit misses estimates; board okays Rs 75/sh dividend")
Mehul Kothari recommends to buy Laurus Labs, RateGain Travel Technologies
According to the technical analyst from Anand Rathi, Laurus Labs can rally to Rs 400; while RateGain can jump to Rs 330.
Stocks to Watch: TCS, SBI, Tata Motors, LIC, Paytm, IDBI Bank, ONGC, PVR
Stocks to Watch: TCS reported 11 per cent YoY growth in Q3 net, while revenue beat analyst expectations at Rs 58,229 crore.
 "Stocks to Watch: TCS, SBI, Tata Motors, LIC, Paytm, IDBI Bank, ONGC, PVR")
Titan slips 2% despite 11% YoY jewellery sales growth in Q3 update
In the past three months, the stock declined 9 per cent, as against 4 per cent rise in the S&P BSE Sensex.
 "Titan slips 2% despite 11% YoY jewellery sales growth in Q3 update")
Textile stocks in focus; Nitin Spinners, Filatex, Lambodhara zoom up to 16%
Lambodhara Textiles hit a 52-week high of Rs 164, surging 16% in the intra-day trade toda. The stock has rallied 30% in the past two trading days
 "Textile stocks in focus; Nitin Spinners, Filatex, Lambodhara zoom up to 16%")
Godfrey Phillips India hits record high; stock zooms 100% in 6 months
In October 2022, Godfrey Phillips divested from the chewing business by sale/ assignment of associated trademarks and certain non-current assets to focus more on cigarette business
Vodafone Idea hits lowest level since September 2021, down 6% in firm mkt
According to a media report, the DoT is looking at the financials and the operations of Vodafone Idea to ascertain its health
 "Vodafone Idea hits lowest level since September 2021, down 6% in firm mkt")
Infrastructure stocks in focus; PNC, HG Infra, Ashoka Buildcon soar upto 7%
HG Infra and PNC Infratech hit respective 52-week highs in trades so far on Monday
 "Infrastructure stocks in focus; PNC, HG Infra, Ashoka Buildcon soar upto 7%")
Kalyan Jewellers surges 6%; reports up to 13% revenue growth in Q3
The company said December quarter witnessed positive momentum in footfalls and revenue across all the markets majorly driven by strong festive demand.
 "Kalyan Jewellers surges 6%; reports up to 13% revenue growth in Q3")
Stocks to Watch: TCS, Paytm, PTC, Lodha, Heritage Foods, Electronics Mart
Stocks to Watch: TCS and other IT stocks in focus, as the Tata Group IT major will be reporting its Q3 earnings on Monday.
 "Stocks to Watch: TCS, Paytm, PTC, Lodha, Heritage Foods, Electronics Mart")
Sigachi Industries zooms 19% as board plans to mull fund raising plan
The board of SIL will meet on January 10, 2023 to consider the proposal of raising funds by way of issue of equity or convertible warrants on preferential basis to the promoters and non-promoters.
 "Sigachi Industries zooms 19% as board plans to mull fund raising plan")
Dabur India falls 4% after Q3 update hints high inflation to dent margins
On account of challenging macro-economic environment and muted category growths in the quarter, the management anticipates to report low to mid-single digit revenue growth
 "Dabur India falls 4% after Q3 update hints high inflation to dent margins")
Landmark Cars hits new high after weak debut; surges 17% in two days
With last two days' gains, Landmark Cars is now trading 15% higher against its issue price of Rs 506 per share. It has and bounced 34% from its low of Rs 433.20 touched on December 26
 "Landmark Cars hits new high after weak debut; surges 17% in two days")
IDBI Bank up 5% on Sebi nod to reclassify govt post sale-stake as 'public'
At present, the government and state-owned Life Insurance Corporation hold a little over 94 per cent in IDBI Bank and are classified as co-promoters.
 "IDBI Bank up 5% on Sebi nod to reclassify govt post sale-stake as 'public'")
Stock of this SME company has zoomed 70% in 10 days after a stellar debut
According to NITI Aayog, India's UAV market is expected to expand to $50 billion over the next 15 years as drones are projected to substitute 80 per cent of operations carried out by manned aircraft
 "Stock of this SME company has zoomed 70% in 10 days after a stellar debut")
Speciality Restaurants soars 20% in 2 days; hits record high in weak market
In past six months, the stock has rallied 122 per cent, as against 12 per cent rise in the S&P BSE Sensex.
 "Speciality Restaurants soars 20% in 2 days; hits record high in weak market")
Rama Steel freezes at 10% upper limit as stock turns ex-date for 4:1 bonus
The board of directors of the company had fixed Friday, January 6, 2023, as the record date, for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus shares.
 "Rama Steel freezes at 10% upper limit as stock turns ex-date for 4:1 bonus")
Day after lower AUM number, Bajaj Finance shares tumble 8%
Bajaj Finance acquired 3.1 million new customers (v/s 2.6 million acquired in Q2FY23). The new customer acquisition run-rate was healthy in Q3FY23.
 "Day after lower AUM number, Bajaj Finance shares tumble 8%")