Page 30 - Buzzing Stocks
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.
 "Usha Martin surges 13% on heavy volumes; stock nears record high")
Stocks to Watch: Suven Pharma, Telecom, Restaurant, Travel, DLF, Tata Power
Stocks to Watch: Shares of restaurant and travel related firms are likely to be in foucs as government ups the ante to keep the new variant of Coivd-19 virus at bay.
 "Stocks to Watch: Suven Pharma, Telecom, Restaurant, Travel, DLF, Tata Power")
Abans Holdings makes disappointing debut; tanks 19% below its issue price
The stock fell to a low of Rs 218.65 on the BSE, down 19% when compared with its issue price of Rs 270 per share.
 "Abans Holdings makes disappointing debut; tanks 19% below its issue price")
Landmarks Cars makes weak debut; stock lists 7% below issue price
Post listing, the stock extended decline and slipped 12 per cent below its issue price to Rs 446.45
 "Landmarks Cars makes weak debut; stock lists 7% below issue price")
Sensex slumps 981 pts, Nifty ends near 17,800; PSU index crashes 6%
Market at close: The pain was even more severe in the broader market space where the BSE MidCap and SmallCap indices fell 3 and 4 per cent, respectively
 "Sensex slumps 981 pts, Nifty ends near 17,800; PSU index crashes 6%")
Nifty PSU Bank index tumbles over 5%; IOB, UCO, Central Bank tank 10%
With today's fall, the Nifty PSU Bank index has corrected 15 per cent from its 52-week high level of 4,617.40 touched on December 15
 "Nifty PSU Bank index tumbles over 5%; IOB, UCO, Central Bank tank 10%")
Ingersoll-Rand surges 5% in weak market on Rs 170-crore capex plan
New plant will not only help secure space for immediate expansion plans but will also fuel future growth prospects, the company said
 "Ingersoll-Rand surges 5% in weak market on Rs 170-crore capex plan")
Stock of this PSU pharma company has zoomed 61% in 3 days on heavy volumes
The stock was locked in the 20% upper circuit; around 1.4 million shares, representing 3.2 per cent of total equity of the pharmaceutical company, changed hands on bourses
 "Stock of this PSU pharma company has zoomed 61% in 3 days on heavy volumes")
Droneacharya Aerial sees stellar debut, lists at 89% premium to issue price
Post listing, the stock froze 5 per cent upper circuit at Rs 107.10 and almost doubled or zoomed 98 per cent from its issue price
 "Droneacharya Aerial sees stellar debut, lists at 89% premium to issue price")
Stocks to Watch: Aban Holdings, Landmark Cars, RIL, Lupin, Gail, JK Cement
Stocks to Watch Aban Holdings and Landmak Cars will be debuting on the stock exchanges on Friday. Both these stocks are likely to witness a tepid start to trade.
 "Stocks to Watch: Aban Holdings, Landmark Cars, RIL, Lupin, Gail, JK Cement")
Fall in RM costs, higher urea subsidy may buoy fertiliser stocks: Analysts
Shares of Coromandel International, Deepak Fertilisers, GSFC, Madras Fertilisers, National Fertilisers, RCF, and Zuari Agro Chemicals have soared up to 196 per cent so far this calendar year (CY22)
 "Fall in RM costs, higher urea subsidy may buoy fertiliser stocks: Analysts")
Shankar Sharma at BFSI Summit: Budget 2023 shouldn't tinker with LTCG tax
Market closing: The S&P BSE Sensex dropped 241 points to end at 60,826 levels in a broad-based sell-off. The Nifty50 gave up the 18,150-mark to close at 18,127, down 72 points
 "Shankar Sharma at BFSI Summit: Budget 2023 shouldn't tinker with LTCG tax")
DCX Systems tanks 32% from listing day high; stock nears issue price
The stock slipped 9% to Rs 210.50 in Thursday's intra-day trade, was trading close to its issue price of Rs 207 per share on the BSE.
 "DCX Systems tanks 32% from listing day high; stock nears issue price")
Jyothy Labs rallies 9%, hits 4-year high in weak market
Notwithstanding the lockdowns due to the second wave of Covid-19 pandemic, the FMCG sector grew by 36.9 per cent in the April-June quarter of 2021.
 "Jyothy Labs rallies 9%, hits 4-year high in weak market")
This SME company stock has zoomed 519% in 3 months; declares bonus, split
Rhetan TMT's board has approved stock split from Rs 10 to Re 1 and also approved issue of 11 bonus shares for every 4 equity shares held by the equtiy shareholders as on 'Record Date'.
Thyrocare surges 26% in two days amid fresh Covid-19 scare
Thyrocare is diagnostic chains that conduct an array of medical diagnostic tests and profiles of tests that centre on early detection and management of health disorders and diseases.
 "Thyrocare surges 26% in two days amid fresh Covid-19 scare")
Sula Vineyards makes tepid debut; lists at 1% premium to issue price
Post listing; the stock price of Sula Vineyards slipped to Rs 345.85, a 3 per cent discount to its issue price of Rs 357 per share on the BSE.
 "Sula Vineyards makes tepid debut; lists at 1% premium to issue price")
Triveni Turbine, Triveni Engg trade ex-date for buyback; shares dip 6%
These companies had fixed December 23, as the Record Date for the purpose of determining the entitlement and eligibility of share holders to in the share buyback.
 "Triveni Turbine, Triveni Engg trade ex-date for buyback; shares dip 6%")
Stocks to Watch: Sula Vineyards, RIL, Spandana, Speciality Restaurants
Stocks to Watch Today: Shares of Sula Vineyards likely to list on a tepid note on Thursday.
 "Stocks to Watch: Sula Vineyards, RIL, Spandana, Speciality Restaurants")
Covid-19, growth concerns push Sensex 635 pts down, Nifty below 18,200
CLOSING BELL: The Pharma index advanced over 2 per cent today as diagnostics and healthcare firms climbed amid rising Covid-19 cases globally
 "Covid-19, growth concerns push Sensex 635 pts down, Nifty below 18,200")