Page 29 - Buzzing Stocks
Sensex, Nifty end flat; Broader market outperforms, Titan gains 3%
CLOSING BELL: Auto majors - Maruti and Mahindra & Mahindra were the other prominent gainers among the Sensex 30, while Bharti Airtel and Tata Steel declined around a per cent each
 "Sensex, Nifty end flat; Broader market outperforms, Titan gains 3%")
MapmyIndia slips 4% to hit lowest level since listing; nears issue price
With today's decline, it has tanked 45 per cent from its 52-week high of Rs 1,918.35 touched on January 17, 2022
 "MapmyIndia slips 4% to hit lowest level since listing; nears issue price")
Chaman Lal Setia Exports soars 11%, hits 52-week high on heavy volumes
The company's revenue has grown 67% to Rs 676 crore YoY in H1FY23 supported by its strong position in the export market
 "Chaman Lal Setia Exports soars 11%, hits 52-week high on heavy volumes")
Nifty PSU Bank index rebounds 11% in 3 days: PSB, BoB climb up to 5%
At 11:35 am; Nifty PSU Bank index, the top gainer among sectoral indices, was up 2 per cent, as against 0.06 per cent decline in the Nifty50
 "Nifty PSU Bank index rebounds 11% in 3 days: PSB, BoB climb up to 5%")
India Pesticides surges 11% as arm gets nod to set-up agrochem unit in UP
Shalvis Specialities has received environmental clearance for setting up manufacturing plant of agrochemicals & intermediates, API ingredients & intermediates and fine chemicals manufacturing unit.
 "India Pesticides surges 11% as arm gets nod to set-up agrochem unit in UP")
Hariom Pipe hits new high, up 9% on acquiring operating assets of RP Metal
The stock has zoomed 146 per cent from its issue price of Rs 153 per share, post its market debut on April 13, 2022.
 "Hariom Pipe hits new high, up 9% on acquiring operating assets of RP Metal")
Stocks to Watch: NBFCs, Punjab & Sind Bk, Capri Global, Welspun Enterprises
Stocks to Watch: Balrampur Chini, Indiabulls Housing Finance and Punjab National Bank (PNB) were the three stocks in F&O ban period on Wednesday.
 "Stocks to Watch: NBFCs, Punjab & Sind Bk, Capri Global, Welspun Enterprises")
Global markets, metals lift Sensex 361 pts higher; Nifty ends atop 18,100
CLOSING BELL: The BSE Metal index surged over 4.5 per cent amid reports of China further relaxing its zero Covid policy.
 "Global markets, metals lift Sensex 361 pts higher; Nifty ends atop 18,100")
JBM Auto hits over 7-month high in a volatile market; rises 26% in 2 weeks
In the past two weeks, it has rallied 26 per cent in an otherwise volatile market. In comparison, the S&P BSE Sensex was down 3 per cent, during the same period
 "JBM Auto hits over 7-month high in a volatile market; rises 26% in 2 weeks")
Time Technoplast soars 19% on winning Rs 75 cr order from Adani Total Gas
The order is for supply of CNG cascades made from Type-IV composite cylinder. The delivery of these cascades shall begin from January 2023.
 "Time Technoplast soars 19% on winning Rs 75 cr order from Adani Total Gas")
Midhani gains 4%; Firm to inaugurate wide plate mill facility today
Going forward, as facilities ramp up production, additional revenue is expected is likely to flow from wide plate mill as well as the Rohtak plant, thereby providing healthy revenue visibility.
 "Midhani gains 4%; Firm to inaugurate wide plate mill facility today")
HEG incorporates new arm for manufacturing graphite node; stock soars 9%
The plant would be made in two phases, spending Rs 1,000 crore in Phase 1 over the next 3 years which would cater to 10-12 GWH of cell manufacturing capacity.
 "HEG incorporates new arm for manufacturing graphite node; stock soars 9%")
Stocks to Watch: NTPC, LIC Housing, Alembic Pharma, SIS, Gail, Puravankara
Stocks to Watch: In the F&O space, Punjab National Bank (PNB) is the only stock in ban period on Tuesday.
 "Stocks to Watch: NTPC, LIC Housing, Alembic Pharma, SIS, Gail, Puravankara")
Sensex snaps 4-day losing streak, ends 721 pts up; Nifty reclaims 18,000
CLOSING BELL: The NSE Nifty shut shop at 18,015, up 208 points. Broader indices outperformed the benchmarks with gains of up to 3 per cent.
 "Sensex snaps 4-day losing streak, ends 721 pts up; Nifty reclaims 18,000")
eClerx Services slips 7% on turning ex-date for buyback via tender offer
The company has proposed to buy back 1.71 million equity shares at a price of Rs 1,750 apiece via tender offer route
 "eClerx Services slips 7% on turning ex-date for buyback via tender offer")
Poonawala Fincorp surges 13% after a 15% decline in past four trading days
Motilal Oswal Financial Services recently initiated coverage on Poonawalla Fincorp with a 'buy' rating and a target price of Rs 350 per share
 "Poonawala Fincorp surges 13% after a 15% decline in past four trading days")
L&T gains 2% on 'significant' order wins for its water treatment business
The company did not disclose the exact value of the orders. The value of the project is between Rs 1,000 crore to Rs 2,500 crore, as per L&T
 "L&T gains 2% on 'significant' order wins for its water treatment business")
Dreamfolks hits new low, falls 35% from listing price on Covid-19 fears
With Monday's decline, the stock corrected 35 per cent from its listing day high value of Rs 550
 "Dreamfolks hits new low, falls 35% from listing price on Covid-19 fears")
NDTV gains 5% as founders plan to sell 27.26% stake to Adani group
On Friday, founders Prannoy Roy and Radhika Roy said that they would sell 27.26 per cent out of their 32.26 per cent shareholding in the news broadcaster to the Adani Group
 "NDTV gains 5% as founders plan to sell 27.26% stake to Adani group")
Usha Martin surges 13% on heavy volumes; stock nears record high
The counter saw combined trading volumes of nearly 3 million shares on the BSE and NSE in morning trades so far.
