Page 57 - Buzzing Stocks
Stocks to Watch: ACC, Ambuja, Adani Power, ONGC, Zomato, Hero MotoCorp
Stocks to Watch Today: In the F&O space, Indiabulls Housing Finance, India Cements, PVR and RBL Bank are in the ban period on Monday
 "Stocks to Watch: ACC, Ambuja, Adani Power, ONGC, Zomato, Hero MotoCorp")
Adani Enterprises hits new high, surpasses LIC, ITC in market cap ranking
At 09:30 am, with a market cap of Rs 4.31 trillion, Adani Enterprises stood at 12th position in overall market cap ranking on the BSE.
 "Adani Enterprises hits new high, surpasses LIC, ITC in market cap ranking")
Voltas slips 8%, hits lowest level since January 2021 on demand concerns
The management expects demand in Q2FY23 to be subdued for cooling products due to low seasonal demand
 "Voltas slips 8%, hits lowest level since January 2021 on demand concerns")
Stock of this real estate company has more-than-doubled in 17 trading days
Shares of DB Realty were locked in the 5-per cent upper circuit band for a fifth straight day, at Rs 109.50 on the BSE, on Friday
 "Stock of this real estate company has more-than-doubled in 17 trading days")
IndusInd Bank gains 2% on strong outlook; stock up 53% in 3 months
Analysts expect that the bank's credit growth and profitability is expected to be strong on account of revived demand in MFI and vehicle finance.
 "IndusInd Bank gains 2% on strong outlook; stock up 53% in 3 months")
Midhani, Mazagon Dock, Cochin Shipyard rally up to 10% in a weak market
The defence procurement budget is likely to increase considerably for FY24E with the share of imports coming down further, according to analysts.
 "Midhani, Mazagon Dock, Cochin Shipyard rally up to 10% in a weak market")
Stocks to Watch: Adani Ports, Tata Power, UPL, SBI, Tata Motors, Patanjali
Stocks to Watch: State Bank of India (SBI) has clarified that it has not been identified as a nodal bank for handling Russia-related rupee transactions
 "Stocks to Watch: Adani Ports, Tata Power, UPL, SBI, Tata Motors, Patanjali")
Ambuja Cements, Eicher Motors join Rs 1-trillion m-cap club
Ambuja Cements stood at 100th position in the overall m-cap ranking with Rs 1.05-trillion market cap. Eicher Motors' market cap, meanwhile, touched Rs 1.01 trillion in the intra-day day
 "Ambuja Cements, Eicher Motors join Rs 1-trillion m-cap club")
Ceat hits over 4-year high on healthy outlook; stock jumps 60% in 3 months
The company expects the overall tyre industry to perform well due to easing of pandemic-led curbs, pent-up demand from OEMs, and replacement segment.
 "Ceat hits over 4-year high on healthy outlook; stock jumps 60% in 3 months")
PVR slips 5% after mega block deals; stock down 17% from 52-week high
According to media report, four investors in movie theatre chain PVR offloaded 7.7% stake in the company via block deals.
 "PVR slips 5% after mega block deals; stock down 17% from 52-week high")
Tamilnad Mercantile Bank makes a muted debut; lists at par with issue price
The stock listed at Rs 510 on the BSE, while it listed with a 6 per cent discount on the NSE
 "Tamilnad Mercantile Bank makes a muted debut; lists at par with issue price")
Shares of these two Tata Group firms zoomed up to 60% in last one week
The share price of Tata Investment Corporation has zoomed 60%, while TRF has appreciated by 58 per cent in past one week on the BSE.
 "Shares of these two Tata Group firms zoomed up to 60% in last one week")
Stocks to Watch: SBI, PVR, Tata Power, Tamilnad Mercantile Bank, CE Info
Stocks to Watch: Investors Gray Birch, Plenty PE & Multiples PE may sell up to 7.74 per cent stake in PVR today in a price range of Rs 1,852-1,929/share, as per reports
 "Stocks to Watch: SBI, PVR, Tata Power, Tamilnad Mercantile Bank, CE Info")
SBI joins Rs 5-trillion market cap club; stock surges 26% in three months
At 09:42 AM, with a market cap of Rs 5.03 trillion, SBI stood at seventh place in the overall market cap ranking of companies, BSE data shows
 "SBI joins Rs 5-trillion market cap club; stock surges 26% in three months")
Use the rally in Vedanta to exit the stock: Analysts
Vedanta on Tuesday inked a pact with the Gujarat government under which the company, along with Taiwan's Foxconn, will jointly invest $19.5 billion to set up a semiconductor project in the state.
 "Use the rally in Vedanta to exit the stock: Analysts")
Kalyan Jewellers up 12% on heavy vol; tops issue price for the first time
With the industry's formalisation and mandatory hallmarking by the Government, the company said that they are well-poised to capitalise on emerging opportunities and demands in the coming years.
 "Kalyan Jewellers up 12% on heavy vol; tops issue price for the first time")
Stock of this specialty chemicals company zoomed over 100% in five weeks
Shares of Jyoti Resins & Adhesives locked in 5 per cent upper circuit for the fifth straight day as they hit a new high of Rs 1,769.70 on the BSE.
Nifty IT index tumbles nearly 4% on growth concerns; Infosys down 5%
On Wednesday, shares of TCS, Infosys, Coforge, Tech Mahindra, Larsen & Toubro Infotech, L&T Technology Services and Mindtree were down in the range of 3 per cent to 5 per cent
 "Nifty IT index tumbles nearly 4% on growth concerns; Infosys down 5%")
Ambuja Cements up 3%, hits new high in a weak market on fund raising plan
The board of directors of Ambuja Cements is scheduled to meet on September 16, 2022 to consider and evaluate proposal for raising of funds
 "Ambuja Cements up 3%, hits new high in a weak market on fund raising plan")
Stocks to Watch: Infosys, Bharat Forge, JSW Steel, IRCTC, Ambuja Cements
Stocks to Watch: JSW Steel has signed a memorandum of understanding (MoU) with SMS group, a German engineering and technology company, for exploring decarbonisation projects
 "Stocks to Watch: Infosys, Bharat Forge, JSW Steel, IRCTC, Ambuja Cements")