Page 34 - Buzzing Stocks

Bharat Forge gains 2% on healthy medium term growth prospects

The spike comes after the management re-iterated healthy medium term revenue prospects, supported by growth in defense, aerospace, e-mobility, and aluminum segments

YES Bank up 19% in 2 days on RBI nod to proceed with Carlyle, Verventa deal

On Friday, the Reserve Bank of India (RBI) issued two letters to YES Bank as the final go-ahead for its proposed capital raise plan from the Carlyle Group and Verventa Holdings

Uniparts India makes weak debut; sheds 7% against issue price post listing

Post listing, the stock of industrial products company slipped to Rs 538, a 7 per cent discount to its issue price on the NSE.

VA Tech Wabag surges 12%, hits 52-week high on order win worth Rs 260 crore

The company has secured industrial waste water treatment order in Romania worth about Rs 260 crore (30 million euros)

Nifty IT index slips 5% in two days on earnings, valuation worries

Recently, HCL Technologies said that its FY23 revenue could be at the lower end of the guidance; Credit Suisse warned valuation-led correction in these stocks amid US macro headwinds.

Stocks to watch: Glenmark Pharma, NTPC, V-Guard Inds, Lupin, YES Bank, NDTV

Stocks to watch today: Jaiprakash Associates has called a board meeting on Monday, December 12, to mull over sale of their Nilgrie cement unit in Madhya Pradesh

Paytm surges 7% on share buyback plan; board to meet on Dec 13

The company in a release to the exchanges said that the management believes that given the company's prevailing liquidity/ financial position, a buyback may be beneficial to the shareholders.

IT stocks tumble as Credit Suisse warns of valuation-led correction

Indian IT valuations, the brokerage and research house argues, are at large premium to history despite material correction from the top

Vadilal Ind soars 10% on board nod to buy 'Vadilal' brand from promoter co

The company's board on Thursday approved the purchase of the "Vadilal" brand from its promoter group entity Vadilal International; the stock later pared half of its gains

Digispice Technologies tanks 7% as CEO Chandrachur Ghosh resigns

Chandrachur Ghosh will be serving his notice period till January 31, 2023, the company said

Kalpataru Power rallies 9% on board nod for Rs 99-crore fund raise via NCDs

A total of 990 NCDs of face value of Rs 10 lakh each will be issued at a coupon rate of 8.46 per cent under the fundraising plan

YES Bank zooms 15% on heavy volume, stock hits 2-year high in weak market

Shares of YES Bank vaulted 15 per cent on the BSE in Friday's intra-day deals. The jump was supported by massive volumes on the counter as 760 million shares, together, changed hands on the NSE & BSE

HUL hits 52-week high as company forays into health & wellbeing category

The company will be buying a majority stake in Zywie Ventures, promoter of brand OZiva, for Rs 264.28 crore and up to 20 per cent stake in Nutritionalab for Rs 70 crore.

HCL Tech management cautious on revenue growth in FY23; stock plunges 6%

At its investor meeting held in New York on December 8, the management said the revenue growth guidance for FY23 is likely to come in at the lower end of its 13.5-14.5 per cent

Stocks to Watch: Paytm, HUL, ICICI Bank, HDFC Bank, Jindal Steel, Pharma

Stocks to Watch Today: Shares of Paytm are likely to be in limelight as the company plans share buyback; board to meet on December 13.

Dharmaj Crop extends gains after listing at 12% premium over issue price

Dharmaj Crop Guard made a good debut on the bourses on Thursday. The shares of the agrochemical company listed at Rs 266 per share on the BSE and the National Stock Exchange (NSE)

Axis Bank stock hits lifetime high, rises 4% in 3 days on a stable outlook

Focus on risk adjusted business growth and improving margin trajectory is seen aiding return ratios with sustainability of performance to drive valuation ahead for Axis Bank, analysts

Rail stocks may chug along till budget; book profit selectively: Analysts

Railway stocks: In the upcoming budget, the railways has reportedly sought gross budgetary support (GBS) of Rs 1.5-1.8 trillion over the Rs 1.37 trillion figure earmarked during Budget 2022-23

PSB index soars 3%; these three constituents have zoomed over 50% in 1 mth

In the past one month, the Nifty PSU Bank index has rallied 17.4 per cent as against a 2.1 per cent gain in the S&P BSE Sensex

LTIMindtree down 2%; sheds 9% in four days after market debut

LTIMindtree has emerged as the fifth largest IT services player in terms of market capitalization post-merger