Page 65 - Buzzing Stocks
Fineotex Chemicals extends rally on strong Q1 results; zooms 72% in 2 mths
In Q1FY23, Fineotex Chemicals reported 167 per cent YoY growth in EBITDA at Rs 26.20 crore, while margin expanded 381 bps YoY to 19.3 per cent.
 "Fineotex Chemicals extends rally on strong Q1 results; zooms 72% in 2 mths")
Stocks to watch: Bata India, Page Inds, NMDC, Apollo Hospitals, Oil India
Stocks to watch today: LIC, ONGC, HAL will report their June quarter results (Q1FY23) on Friday, August 12; NMDC hikes prices of lump iron ore by Rs 200 a tonne and fines by Rs 100 a tone.
 "Stocks to watch: Bata India, Page Inds, NMDC, Apollo Hospitals, Oil India")
Sensex up 515 pts, Nifty tops 17,650 on lower-than-expected US inflation
CLOSING BELL: Easing CPI figures reduced the probability of a 75-bps rate hike in the upcoming US FOMC meeting
 "Sensex up 515 pts, Nifty tops 17,650 on lower-than-expected US inflation")
Wonderla Holidays zooms 20%, hits 52-week high on robust Q1 results
The company reported profit after tax of Rs 64.38 crore in Q1FY23 as against Rs 8.51 crore in Q4FY22 and net loss of Rs 13.25 crore in Q1FY22.
 "Wonderla Holidays zooms 20%, hits 52-week high on robust Q1 results")
ICICI Bank market-cap hits Rs 6 trillion; stock rallies 26% in 2 months
ICICI Bank now joined the elite club of companies having market capitalisation (market-cap) of over Rs 6 trillion
 "ICICI Bank market-cap hits Rs 6 trillion; stock rallies 26% in 2 months")
Kirloskar Pneumatic soars 7%, hits record high as MFs acquire over 6% stake
On August 10, the promoters have sold 9.32 million shares or 14.45 per cent stake in the company for Rs 432 crore via bulk deals on the BSE.
 "Kirloskar Pneumatic soars 7%, hits record high as MFs acquire over 6% stake")
Stock of this smallcap packaging company has zoomed 130% so far in 2022
TCPL is well positioned to cater to the growing demand for sustainable packaging solutions from leading brands and continues to support efforts towards facilitating a waste-free world.
 "Stock of this smallcap packaging company has zoomed 130% so far in 2022")
Tata Motors hits over 5-month high; gains 10% in 9 days on positive outlook
Analysts at ICICI Securities expect the stock to maintain positive bias and head towards Rs 509 levels in the coming weeks
 "Tata Motors hits over 5-month high; gains 10% in 9 days on positive outlook")
Stocks to watch: Eicher Motors, Tata Consumer, Coal India, BoB, IRCTC
Stocks to watch today: Apollo Hospitals, Trent, Aurobindo Pharma will report their June quarter results (Q1FY23) on Thursday, July 11; Bank of Baroda raised their MCLR rate by 5-20 bps across tenors.
 "Stocks to watch: Eicher Motors, Tata Consumer, Coal India, BoB, IRCTC")
Sensex, Nifty end flat; Tata Chemicals jumps 12%, IGL 6%; SpiceJet sheds 5%
CLOSING BELL: Among sectors, the Nifty IT index slipped 0.9 per cent, while the Nifty Metal index advanced 1.6 per cent
 "Sensex, Nifty end flat; Tata Chemicals jumps 12%, IGL 6%; SpiceJet sheds 5%")
Sugar shares under pressure, decline up to 7%; Balrampur Chini at 2022 low
Shree Renuka, Dwarikesh, Triveni Engineering, Uttam Sugar, Dhampur Sugar and Dalmia Bharat Sugar are down in the range of 2 per cent to 7 per cent on the BSE.
 "Sugar shares under pressure, decline up to 7%; Balrampur Chini at 2022 low")
Eveready Industries hits 5-month high on hopes of better business outlook
So far in August, the stock has gained 16 per cent, after the company reported healthy growth in topline performance, backed by volume gains despite a market slow down due to inflationary conditions.
 "Eveready Industries hits 5-month high on hopes of better business outlook")
Siemens hits new high on record order book, market-cap crosses Rs 1 trn
The company not experiencing a slowing down in public and private capex spending; however, concerned about global headwinds impacting demand which could result in a slowdown in Capex spending.
 "Siemens hits new high on record order book, market-cap crosses Rs 1 trn")
Fine Organic hits record high on strong Q1FY23; stock soars 56% in 3 months
It has also zoomed 70 per cent in the past six months, as compared to 0.12 per cent decline in the benchmark index
Tata Chemicals surges 9% on strong June quarter results
The performance for the quarter was largely led by improved soda ash realisations across all geographies, which led strong top line growth for the quarter, said ICICI Securities.
 "Tata Chemicals surges 9% on strong June quarter results")
Stocks to watch: Coal India, NTPC, Bharti Airtel, Delhivery, Indian Hotels
Stocks to watch today: Coal India and Tata Consumer Products will report their June quarter results (Q1FY23) on Wednesday, August 10; NTPC plans to fundraise Rs 12,000 crore through NCDs.
Sensex soars 465 pts, Nifty tops 17,500; all except PSBs rally; SBI dips 2%
CLOSING BELL: Coal India, M&M, Bajaj Finserv, HDFC Bank, Hindalco, Axis Bank, NTPC, L&T, HDFC, Dr Reddy's Labs, RIL, IndusInd Bank, and Apollo Hospitals were the top gainers on the 50-pack index today
 "Sensex soars 465 pts, Nifty tops 17,500; all except PSBs rally; SBI dips 2%")
Bajaj Finserv hits over 3-month high; stock zooms 30% in a month
On July 28, 2022, Bajaj Finserv's board had approved 1:1 bonus issue and 1:5 stock split.
 "Bajaj Finserv hits over 3-month high; stock zooms 30% in a month")
Stock of this restaurant company has zoomed over 100% in last seven weeks
Speciality Restaurants rallied 13% to Rs 209.90 in intra-day trade on Monday and hit its highest level since April 2015.
Hindustan Aeronautics rallies 5%, hits new high on strong business outlook
In the year 2022-23, defense budgets and revenues for defense contractors are expected to remain largely stable or increase, as military programs continue to be critical to national defense
 "Hindustan Aeronautics rallies 5%, hits new high on strong business outlook")