Page 50 - Buzzing Stocks
Nykaa hits lowest level since listing; stock slips 53% from record high
With this recent fall, the market price of Nykaa has tanked 53 per cent from its record high level of Rs 2,574, which it had touched on November 26, 2021
 "Nykaa hits lowest level since listing; stock slips 53% from record high")
L&T gains 3% on significant order wins for water & effluent treatment biz
So far this month, L&T has won a total of five 'significant' orders across diverse segments
 "L&T gains 3% on significant order wins for water & effluent treatment biz")
This auto stock zoomed 54% in 2 weeks on 5 mn warrants issue to Vijay Kedia
Shares of Atul Auto continued its northward movement and surged 12 per cent to hit 52-week high of Rs 289.55 apiece in Friday's intra-day trade
 "This auto stock zoomed 54% in 2 weeks on 5 mn warrants issue to Vijay Kedia")
Anand Rathi Wealth hits record high, soars 8% on strong Q2 results
Anand Rathi Wealth reported strong growth in asset under management (AUM) of 16 per cent YoY at Rs 35,842 crore.
 "Anand Rathi Wealth hits record high, soars 8% on strong Q2 results")
Apollo Micro surges 10%; boards okays warrants issue up to Rs 185 crore
The company said it will issue 1.9 million warrants to Nexpact Limited, Mauritius and 1.2 million warrants to Maybank Securities Pte. Ltd.
 "Apollo Micro surges 10%; boards okays warrants issue up to Rs 185 crore")
Infosys surges 5%; Q2 earnings, Rs 9,300 cr share buyback lifts sentiment
The IT major has increased the lower end of the revenue guidance keeping upper end constant i.e. revenue guidance changed from 14-16 per cent to 15-16 per cent in constant currency terms.
 "Infosys surges 5%; Q2 earnings, Rs 9,300 cr share buyback lifts sentiment")
Stocks to watch: Infosys, Mindtree, Bajaj Auto, Shree Cement, Power Mech
Stocks to watch today: Bajaj Auto & Shree Cement will post September quarter (Q2FY23) results on Friday, October 14; Infosys posted 11 per cent YoY rise in consolidated net profit to Rs 6,021 cr in Q2
 "Stocks to watch: Infosys, Mindtree, Bajaj Auto, Shree Cement, Power Mech")
Sensex slips 391 pts, Nifty holds 17K ahead of US CPI data; Wipro cracks 7%
CLOSING BELL: The NSE Nifty 50 swung wildly in a range of 17,112 to 16,957 as the weekly F&O expiry was in focus. The index finally settled with a loss of 107 points at 17,017 .
 "Sensex slips 391 pts, Nifty holds 17K ahead of US CPI data; Wipro cracks 7%")
Rama Steel issues warrants to Shankar Sharma; stock hits 10% upper circuit
The company allotted 1,625,000 convertible warrants at an issue price of Rs 112.50 each to Shankar Shashi Sharma on preferential basis
 "Rama Steel issues warrants to Shankar Sharma; stock hits 10% upper circuit")
Ugar Sugars soars 12% on heavy volumes; stock spikes 165% in a year
The stock of sweetener hit a six month high and quoted at its highest level since April 2022
 "Ugar Sugars soars 12% on heavy volumes; stock spikes 165% in a year")
Maharashtra Seamless up 10%, hits new high on stock split, bonus issue plan
In the past one year, the stock has appreciated by 100 per cent on the back of robust financial performance and strong order book position.
Astec Lifesciences hits record high in a weak mkt; stock up 24% in 3 days
The stock of pesticides & agrochemicals company surpassed its previous high of Rs 2,178.85, which it had touched on July 20, 2022
 "Astec Lifesciences hits record high in a weak mkt; stock up 24% in 3 days")
Adani Wilmar falls 4% on low single digit revenue growth guidance for Q2
The company, however, remains optimistic on their brand equity, and is hopeful of sequential improvement in demand trends with easing retail inflation and good monsoon
 "Adani Wilmar falls 4% on low single digit revenue growth guidance for Q2")
Wipro slips 6%, hits 52-week low on weak Q3 revenue growth guidance
Wipro expect sequential revenue growth of 0.5 per cent to 2.0 per cent for October-December quarter
 "Wipro slips 6%, hits 52-week low on weak Q3 revenue growth guidance")
Brokerages positive on HCL Tech as co ups FY23 revenue outlook; stock up 4%
The company raised its full-year revenue growth guidance to 13.5-14.5 per cent, from 12-14 per cent on a constant currency (CC) basis, citing strong order bookings and pipeline.
 "Brokerages positive on HCL Tech as co ups FY23 revenue outlook; stock up 4%")
Stocks to watch: Infosys, Mindtree, HCL Tech, Wipro, Adani Ports, PVR, SBI
Stocks to watch today: Infosys, MindTree will report September quarter (Q2FY23) results on Thursday, October 13; HCL Tech saw 7 per cent YoY rise in consolidated net profit to Rs 3,489 crore in Q2FY23
 "Stocks to watch: Infosys, Mindtree, HCL Tech, Wipro, Adani Ports, PVR, SBI")
Sensex snaps 3-day losing streak, ends 479pts higher; Nifty reclaims 17,100
CLOSING BELL: Power majors - PowerGrid, NTPC along with FMCG and select financial shares were the major gainers in trade among the Sensex 30 on Wednesday.
 "Sensex snaps 3-day losing streak, ends 479pts higher; Nifty reclaims 17,100")
Apollo Micro Systems hits over 4-yr high on stable outlook; stock soars 15%
In the past one month, the stock has outperformed market as shares surged 25 per cent, as against 4.4 per cent decline in the S&P BSE Sensex
 "Apollo Micro Systems hits over 4-yr high on stable outlook; stock soars 15%")
Here's why IDFC, IDFC First Bank shares jumped up to 5% on Wednesday
The Bank's profitability is expected to improve over the medium term as the bank establishes its retail franchise and the economies of scale help improve operational efficiency
 "Here's why IDFC, IDFC First Bank shares jumped up to 5% on Wednesday")
Stock of this SS pipes producer has zoomed 100% against its issue price
With Wednesday's gain, the stock of Venus Pipes has zoomed nearly 100 per cent against its issue price of Rs 326 per share
 "Stock of this SS pipes producer has zoomed 100% against its issue price")