Page 40 - Buzzing Stocks
RHI Magnesita soars 14% post acquisition of Dalmia's Indian refractory biz
Based on the issuance price of RHI Magnesita India at Rs 632.5029 per share, the share consideration had a value of approximately Rs 1,708 crore.
 "RHI Magnesita soars 14% post acquisition of Dalmia's Indian refractory biz")
Deepak Fertilisers, Aarti Ind soar up to 8% on plans to ink Rs8,000 cr deal
Both parties plan to execute the formal agreement before the close of this calendar year and the supply arrangement comes into effect from 1st April 2023.
 "Deepak Fertilisers, Aarti Ind soar up to 8% on plans to ink Rs8,000 cr deal")
Kabra Extrusion soars 17% as Battrixx inks pact with Hero Electric
The target is to supply 300,000 battery packs and chargers in the next financial year based on Hero Electric's projections
 "Kabra Extrusion soars 17% as Battrixx inks pact with Hero Electric")
Steel stocks firm after export duty removal: GPIL, SAIL climb up to 19%
According to analysts at ICICI Securities, the removal of export duty augurs well for domestic steel players over a longer term horizon
 "Steel stocks firm after export duty removal: GPIL, SAIL climb up to 19%")
Five Star Business Finance makes a weak debut, lists at 5% discount on BSE
Shares of Five Star Business Finance opened at Rs 468.8 on the NSE and at Rs 449.95 on the BSE.
 "Five Star Business Finance makes a weak debut, lists at 5% discount on BSE")
Archean Chemical lists at 11% premium to issue price, extends gain
Post listing, the stock moved higher to Rs 473.65, up 16 per cent over its issue price on the BSE.
 "Archean Chemical lists at 11% premium to issue price, extends gain")
Easy Trip Planners surges 20% as stock turns ex-date for split, bonus issue
The stock turned ex-date for 3:1 bonus issue, and 1:1 stock split
 "Easy Trip Planners surges 20% as stock turns ex-date for split, bonus issue")
Stocks to Watch: Tata Motors, PB Fintech, Zomato, Archean Chemical, Metals
Stocks to Watch: Archean Chemical Industries and Five Star Business Finance will make their market debut today; Tata Motors will replace Dr Reddy's in the BSE Sensex from December 19
 "Stocks to Watch: Tata Motors, PB Fintech, Zomato, Archean Chemical, Metals")
Sensex, Nifty recoup losses, end flat; auto stocks dip, PB Fintech gains 8%
CLOSING BELL: The S&P BSE Sensex ended with a marginal loss of 88 points, while the Nifty held the 18,300-level on Friday.
 "Sensex, Nifty recoup losses, end flat; auto stocks dip, PB Fintech gains 8%")
Relaxo Footwears extends slide on weak Q2 results; stock hits 18-month low
Thus far in the calendar year 2022, Relaxo Footwears has underperformed the market by declining 33 per cent as compared to a 4 per cent rise in the S&P BSE Sensex
 "Relaxo Footwears extends slide on weak Q2 results; stock hits 18-month low")
Union Bank of India m-cap crosses Rs 50,000 cr; stock surges 61% in a month
In the past one month, shares of Union Bank of India zoomed 61 per cent, as against 4 per cent rise in the S&P BSE Sensex
 "Union Bank of India m-cap crosses Rs 50,000 cr; stock surges 61% in a month")
Stock of this SME Company has zoomed 121% in 8 trading days
Shares of Evans Electric were locked at the 10 per cent upper circuit at Rs 189.75 on BSE on Friday, trading at fresh 52-week high amid heavy volumes
 "Stock of this SME Company has zoomed 121% in 8 trading days")
Bikaji Foods slips 6% to hit new low since listing, trades near issue price
With today's fall, the stock has declined 9.5 per cent from its high of Rs 334.70, touched on the listing day. It is now trading close to its issue price of Rs 300 per share
 "Bikaji Foods slips 6% to hit new low since listing, trades near issue price")
TCPL Packaging soars 16%, hits record high on healthy business outlook
In Q2FY23, the company's consolidated revenues grew by 43 per cent YoY to Rs 361.7 crore on the back of higher volumes and better realizations
 "TCPL Packaging soars 16%, hits record high on healthy business outlook")
Honda India Power hits new high, zooms 45% in 1 month on strong Q2 results
In Q2FY23, the company's profit after tax jumped 167 per cent year-on-year at Rs 42.42 crore on the back of healthy operational income
 "Honda India Power hits new high, zooms 45% in 1 month on strong Q2 results")
Here's why Mehul Kothari recommends to Sell Infosys, Buy Redington
According to the technical analyst from Anand Rathi, Infosys can be sold with a stop at Rs 1,630, while Redington is expected to rally to Rs 178.
 "Here's why Mehul Kothari recommends to Sell Infosys, Buy Redington")
Vinay Rajani of HDFC Securities recommends to buy this SBI call option
SBI has seen long-build in the November series, with a 3 per cent rise in open interest and price so far, says the technical & derivative analyst.
 "Vinay Rajani of HDFC Securities recommends to buy this SBI call option")
Stocks to watch: RIL, Tata Motors, Nykaa, ABFRL, Equitas SFB, Suven Life
Stocks to watch today: Tata Motors bagged order for 1,000 buses from Haryana Roadways; ABFRL inked pact with Galeries Lafayette to open luxury department stores in India
 "Stocks to watch: RIL, Tata Motors, Nykaa, ABFRL, Equitas SFB, Suven Life")
Kirloskar group shares hit 52-wk highs; KOEL, KPCL up over 50% in 6 months
In the past six months, KOEL (up 131 per cent), KPCL (53 per cent) and Kirloskar Industries (45 per cent) zoomed over 40 per cent, as against 14 per cent rise in the benchmark index
 "Kirloskar group shares hit 52-wk highs; KOEL, KPCL up over 50% in 6 months")
Pvt banks, IT drag Sensex 230pts down, Nifty below 18,350; Paytm tanks 10%
CLOSING BELL: Among the Sensex 30 shares, Titan, M&M, Maruti, HDFC and Bajaj Finserv were the major per centage losers.
 "Pvt banks, IT drag Sensex 230pts down, Nifty below 18,350; Paytm tanks 10%")