Page 66 - Buzzing Stocks
SBI dips 3% on profit booking post June quarter results
Gradual improvement in margin, steady operational efficiency coupled with adequate provision buffer to aid earning momentum, analysts said.
 "SBI dips 3% on profit booking post June quarter results")
Tata Elxsi rallies 5%; stock hits record high on strong growth outlook
In the past one month, it has gained 16 per cent, as compared to a 10 per cent rise in the S&P BSE Sensex
 "Tata Elxsi rallies 5%; stock hits record high on strong growth outlook")
Bhagiradha Chemicals hits record high; stock zooms 70% from June low
The stock rallied 12 per cent to hit a record high of Rs 1,254.60 on Friday's intra-day trade. That apart, the stock bounced back 70 per cent from its June 21, 2022, low of Rs 736.30.
 "Bhagiradha Chemicals hits record high; stock zooms 70% from June low")
Rate sensitive shares trade firm as RBI hikes repo rate by 50 bps to 5.4%
Nifty Bank, Nifty Financial Services, Nifty PSU Bank, Nifty Private Bank and Nifty Realty indices gained up to 1%
 "Rate sensitive shares trade firm as RBI hikes repo rate by 50 bps to 5.4%")
This pvt sector bank from Jhunjhunwala's portfolio has surged 43% in 1 mth
Karur Vysya Bank gained 4 per cent to Rs 63.35 in intra-day trade on Friday to hit its highest level since December 2019
 "This pvt sector bank from Jhunjhunwala's portfolio has surged 43% in 1 mth")
Balkrishna Industries skids 6% on disappointing margin performance in Q1
The management commentary suggests Q2FY23 to be weak (QoQ decline) due to sluggish demand prospects in Europe and US.
 "Balkrishna Industries skids 6% on disappointing margin performance in Q1")
Stocks to Watch: Britannia, GAIL, Reliance, Adani Enterprises, Paytm, Nykaa
Stocks to Watch: With oil prices staging a dramatic reversal, related stocks, along with rate-sensitive sectors will be on the radar as RBI announces its monetary policy outcome Friday.
 "Stocks to Watch: Britannia, GAIL, Reliance, Adani Enterprises, Paytm, Nykaa")
Sensex snaps 6-day winning streak ahead of RBI policy outcome, dips 52 pts
CLOSING BELL: PSU banks were the worst hit today with the Nifty PSB index down 1.75 per cent
 "Sensex snaps 6-day winning streak ahead of RBI policy outcome, dips 52 pts")
Zomato gains 6%; stock rebounds 21% from Wednesday's low
American ride-hailing giant Uber, on Wednesday, sold its entire 7.78 per cent stake in domestic food-delivery company Zomato to mop up Rs 3,088 crore
 "Zomato gains 6%; stock rebounds 21% from Wednesday's low")
Navneet Education hits 3-yr high on strong Q1; stock soars 28% in 2 days
The advent of new educational policy would bring changes in the curriculum of the school syllabus and will directly impact the company's business positively, acting as a strong growth driver.
 "Navneet Education hits 3-yr high on strong Q1; stock soars 28% in 2 days")
Subex zooms 44% in 2 days after pact with Reliance's arm Jio Platforms
Earlier, Subex and JPL announced partnership for AI Orchestration Platform, HyperSense, which will enable telcos to deliver on the promise of AI across data value chain.
 "Subex zooms 44% in 2 days after pact with Reliance's arm Jio Platforms")
NDTV hits over 13-year high; stock zooms 85% in one month
The stock has rallied 20% in the past two trading days to Rs 312.65. It was at its highest level since September 2008
 "NDTV hits over 13-year high; stock zooms 85% in one month")
Macrotech Developers slips 8% after 2% equity changed hands via block deals
Till 10:11 am; around 6.2 million shares or 1.33 per cent of total equity of the company changed hands on the NSE, exchange data shows.
 "Macrotech Developers slips 8% after 2% equity changed hands via block deals")
Adani Power hits record high as Q1 net zooms 17-fold; up 221% in 6 months
A nation-wide heatwave and broadening of the recovery in economic activity continued to drive electricity demand growth in the first quarter of FY23, the company said.
 "Adani Power hits record high as Q1 net zooms 17-fold; up 221% in 6 months")
Stocks to Watch: Dabur, Wipro, IndiGo, Vodafone Idea, Adani Wilmar, Sugar
Stocks to Watch today: Britannia Industries, GAIL, Adani Enterprises, LIC Housing Finance, and Dabur India will be on the radar ahead of their Q1 results.
 "Stocks to Watch: Dabur, Wipro, IndiGo, Vodafone Idea, Adani Wilmar, Sugar")
Fag-end buying lifts Sensex 214 pts; Nifty nears 17,400; IT stocks dazzle
CLOSING BELL: All sectors, except IT and Financial Services, witnessed selling pressure today, led by auto, pharma, and public sector banks
 "Fag-end buying lifts Sensex 214 pts; Nifty nears 17,400; IT stocks dazzle")
Devyani International gains 7%, hits over 6-month high on strong Q1 results
The strong store additions coupled with early signs of demand revival supported growth during the quarter.
 "Devyani International gains 7%, hits over 6-month high on strong Q1 results")
SpiceJet, MOIL: 5 buzzing stocks that may gain up to 19% in short-term
Among the most buzzing stocks, Spicejet surged 18 per cent. MOIL soared close to 9 per cent, while eClerx Services, Brigade Enterprises and Rossari Biotech were trading with 5-6 per cent gains
 "SpiceJet, MOIL: 5 buzzing stocks that may gain up to 19% in short-term")
Adani Transmission hits new high, surpasses ITC in market cap ranking
At 10:23 AM, Adani Transmission's market cap stood at Rs 3.88 trillion, followed by ITC (Rs 3.77 trillion), BSE data shows.
 "Adani Transmission hits new high, surpasses ITC in market cap ranking")
SpiceJet adds 18% on Ajay Singh's partial stake sale buzz; up 41% in 4 days
A big Middle Eastern airline has expressed interest to pick a 24 per cent stake and a board seat in SpiceJet, reports said
 "SpiceJet adds 18% on Ajay Singh's partial stake sale buzz; up 41% in 4 days")