Page 6 - Buzzing Stocks
VA Tech Wabag rallies 7%, hits 3-month high on strong growth outlook
The company has won a design, build and operate (DBO) order in Bangladesh worth Rs 800 crore, fully funded by World Bank & AIIB
Nazara Tech jumps over 3% on buying majority stake in Pro Football Network
Brokerage firm ICICI Securities has a 'Buy' rating on the stock with a target price of Rs 700 per share.
L&T extends gains, up 3% in three days on securing orders worth Rs 9,500 cr
The hydrocarbon business of L&T on Tuesday has secured major (ranging from Rs 5,000 crore to Rs 7,000 crore) contracts for multiple offshore packages from a prestigious overseas client.
GR Infra jumps over 4% after it emerges L-1 bidder for Rs 872 cr project
In the past one week, shares of this construction firm gained 1.7 per cent, as against 0.2 per cent rise in the S&P BSE Sensex
Stocks to Watch: Reliance, HAL, Hero MotoCorp, Nazara Tech, L&T, Power Grid
Stocks to Watch: Hero MotoCorp on Wednesday said it will increase prices of its model range by around 2 per cent from next month
Sensex rises 140 pts, Nifty holds 17,100 ahead of US Fed outcome; PSBs lead
CLOSING BELL: Sectorally, the Nifty Pharma index advanced 1 per cent, followed by the Nifty PSU bank added 0.8 per cent.
 "Sensex rises 140 pts, Nifty holds 17,100 ahead of US Fed outcome; PSBs lead")
Anupam Rasayan hits 6-month high; zooms 40% in 5 weeks on strong outlook
Analysts are positive on the company's long term growth trajectory on the back of a robust product launch pipeline especially in high value fluorination chemistry
 "Anupam Rasayan hits 6-month high; zooms 40% in 5 weeks on strong outlook")
Sobha slips 5%, nears 52-week low on raid by Income-Tax department
Sobha announced that a search by the Income Tax Department is being carried out at the registered office and other premises of the company
 "Sobha slips 5%, nears 52-week low on raid by Income-Tax department")
VST Tillers zooms 18% on achieving 5L production milestone at Malur unit
Currently, overall power tiller industry in India is around 60,000 units and it is expected to grow to 100,000 units by the year 2025, VST Tillers said.
 "VST Tillers zooms 18% on achieving 5L production milestone at Malur unit")
Sula Vineyards jumps 9% as CLSA initiates coverage with 'Buy' rating
Sula is well placed to leverage the global consumer shift towards the low-alcohol beverage segment - beer and wine, the report stated.
 "Sula Vineyards jumps 9% as CLSA initiates coverage with 'Buy' rating")
Emami soars 7% as board to consider share buyback on March 24
Meanwhile, in the past three months, the stock has shed 16 per cent, as against 4 per cent decline in the S&P BSE Sensex.
 "Emami soars 7% as board to consider share buyback on March 24")
Hindustan Zinc surges 5% on announcing liberal interim dividend
Hindustan Zinc has fixed March 29, 2023 as the record date for the purpose of payment of fourth interim dividend worth Rs 26 per share.
 "Hindustan Zinc surges 5% on announcing liberal interim dividend")
Stocks to Watch: Tata Motors, IOC, Hind Zinc, Sonata Software, Bandhan Bank
Stocks to Watch: Tata Motors will increase prices of its commercial vehicles (CV) range by 5 per cent starting April 1, in what would be its fourth such price hike this fiscal year
 "Stocks to Watch: Tata Motors, IOC, Hind Zinc, Sonata Software, Bandhan Bank")
This private sector lender saw sharpest intra-day surge in 10 months
The sustenance of gold business as a proportion of book coupled with gradual improvement in non-gold segment to bring diversification and steady RoA are key triggers for future price performance.
 "This private sector lender saw sharpest intra-day surge in 10 months")
Zee Entertainment zooms 14% in 4 days on hopes of settlement with lenders
Zee had said that the company had been exploring several strategies, including settlement, in relation to the ongoing dispute with IndusInd Bank
 "Zee Entertainment zooms 14% in 4 days on hopes of settlement with lenders")
Manappuram Finance extends gain; stock rallies 14% thus far in March
In the past one week, the stock has rallied 6 per cent, as compared to 0.11 per cent decline in the S&P BSE Sensex
 "Manappuram Finance extends gain; stock rallies 14% thus far in March")
HDFC AMC gains 5% after SBI MF bought over 2% stake via open market
GQG Partners Emerging Markets Equity Fund sold 2.48 million shares in HDFC AMC worth Rs 396.83 crore.
 "HDFC AMC gains 5% after SBI MF bought over 2% stake via open market")
Sterling & Wilson jumps 9% as it emerges bidder for Rs 2,100 cr project
The balance of system (BOS) package comprising of four blocks of 300 MW each in the proposed 1200MW Solar PV Project of NTPC Renewable Energy at Khavda RE Power Park, Rann of Kutch.
 "Sterling & Wilson jumps 9% as it emerges bidder for Rs 2,100 cr project")
Hariom Pipe hits new high, up 4% on shareholders nod for preferential issue
In past three months, the stock has zoomed nearly 50 per cent, as compared to 5 per cent decline in the S&P BSE Sensex.
 "Hariom Pipe hits new high, up 4% on shareholders nod for preferential issue")
UTI AMC surges 8% after PPFAS MF buys 1.1 million shares via block deal
PPFAS Mutual Fund purchased 1.12 million equity shares representing 0.88 per cent stake in UTI AMC for Rs 71.40 crore.
 "UTI AMC surges 8% after PPFAS MF buys 1.1 million shares via block deal")
