Page 70 - Buzzing Stocks
Analysts raise target on PVR post blockbuster Q1; see up to 25% upside
PVR Q1 review: Shares of PVR Ltd have surged 4 per cent in two days as against 1 per cent rise in the benchmark S&P BSE Sensex
 "Analysts raise target on PVR post blockbuster Q1; see up to 25% upside")
Banks lift Sensex 390 pts, Nifty reclaims 16,700; Ultratech Cement up 5%
CLOSING BELL: Ultratech Cement, Grasim, UPL, HDFC, HDFC Bank, Eicher Motors, and ICICI Bank were the top gainers, ralling over 2 per cent each
 "Banks lift Sensex 390 pts, Nifty reclaims 16,700; Ultratech Cement up 5%")
Delhivery enters top 100 most-valued firms' club; m-cap tops Rs 50,000 cr
At 01:58 PM, Delhivery commanded a market-cap of Rs 50,382 crore, and ranked 95th in the overall m-cap ranking list, BSE data shows
 "Delhivery enters top 100 most-valued firms' club; m-cap tops Rs 50,000 cr")
CG Power hits all-time high; surges 30% in one month on strong outlook
The company said it has been identifying areas of synergies with Tube Investments and the Murugappa Group to take the pillars of growth much higher in the next 3-5 years
 "CG Power hits all-time high; surges 30% in one month on strong outlook")
Sugar stocks in focus: Short-term reversal or have they bottomed out?
After the massive slaughtering post April 2022, sugar stocks consolidated in June and are now witnessing a pullback rally.
 "Sugar stocks in focus: Short-term reversal or have they bottomed out?")
Eicher Motors gains 3%, nears record high on healthy demand outlook
The stock has rallied nearly 20% in the past one month on expectation of a strong pick-up in demand on the back of upcoming new launches
 "Eicher Motors gains 3%, nears record high on healthy demand outlook")
GSFC soars 15% as Q1 profit more-than-doubles; stock up 39% from June low
Going forward, higher Agri commodity prices, Government agriculture focus, the expectation of a normal monsoon and higher reservoir levels bodes well for agriculture.
 "GSFC soars 15% as Q1 profit more-than-doubles; stock up 39% from June low")
Hindustan Foods hits new high post 1:5 stock split, zooms 37% in two days
The company had fixed July 22, 2022 as the record date for the purpose of sub-division of every 1 equity share of the face value of Rs 10 each into 5 equity shares of the face value of Rs 2 each.
 "Hindustan Foods hits new high post 1:5 stock split, zooms 37% in two days")
Infosys net profit likely to surge up to 10% YoY in Q1FY23, say analysts
Infosys Q1 preview: Investors will closely monitor the management's commentary on clients' IT spending, demand environment amid macro stress, margin outlook, and growth guidance for FY23
 "Infosys net profit likely to surge up to 10% YoY in Q1FY23, say analysts")
Can Fin Homes surges 9% as net profit soars 49% YoY in June quarter
Pre-provision operating profit (PPOP) was up 10 per cent QoQ and 40 per cent YoY to Rs 215 crore
 "Can Fin Homes surges 9% as net profit soars 49% YoY in June quarter")
RIL gains 1% ahead of Q1 result today; stock slides 5.5% so far in FY23
RIL Q1 result: Analysts expect Reliance Industries to report a strong set of numbers in Q1FY23, driven by robust oil earnings
 "RIL gains 1% ahead of Q1 result today; stock slides 5.5% so far in FY23")
Here's why Mehul Kothari recommends buying Wipro, Cummins on dips
According to the technical analyst from Anand Rathi, Cummins India can rally to Rs 1,400 on the upside, while Wipro can target Rs 450.
 "Here's why Mehul Kothari recommends buying Wipro, Cummins on dips")
Strong Q1 builds case for IndusInd's re-rating; 50% upside likely: Analysts
IndusInd Bank Q1 review: For a stronger re-rating, IIB would need to demonstrate decline in stress formation and increase in deposit granularity, analysts said
 "Strong Q1 builds case for IndusInd's re-rating; 50% upside likely: Analysts")
Sensex rises 284 pts, Nifty tops 16,600; IndusInd jumps 8%, Bajaj Fin 3%
CLOSING BELL: Among sectors, the Nifty PSB index rose 1.56 per cent, while the Nifty Pharma slipped 0.4 per cent
 "Sensex rises 284 pts, Nifty tops 16,600; IndusInd jumps 8%, Bajaj Fin 3%")
Adani Enterprises hits new high; m-cap inches towards Rs 3 trillion mark
In the past six months, AEL share price has surged 36 per cent as against 6 per cent decline in the Nifty 50 index.
 "Adani Enterprises hits new high; m-cap inches towards Rs 3 trillion mark")
Cummins India surges 25% in one month; nears record high on healthy outlook
Cummins India expects the current trend of sustained growth across multiple industries and segments, demand outlook from various end markets to be positive.
 "Cummins India surges 25% in one month; nears record high on healthy outlook")
Sugar stocks sweeten up to 9% on hopes of additional 1 million exports
Rallying energy markets, tight sugar availability, COVID lockdowns in China and logistical issues from the fallout of Russia's military invasion of Ukraine have led to uptick in spot sugar prices.
 "Sugar stocks sweeten up to 9% on hopes of additional 1 million exports")
Gland Pharma slips 10%, hits 52-week low on disappointing Q1 results
Q1 profit after tax tumbled 35 per cent YoY and 20 per cent QoQ to Rs 229 crore, due to lower operational income
 "Gland Pharma slips 10%, hits 52-week low on disappointing Q1 results")
Stocks to Watch Today: Wipro, IndusInd Bank, Adani Enter, CEAT, Sonata, SBI
Stocks to Watch Today: CRISIL, GSFC, Hindustan Zinc, JSW Energy, Mphasis, PVR, RBL Bank and SRF to announce Q1 results on Thursday.
 "Stocks to Watch Today: Wipro, IndusInd Bank, Adani Enter, CEAT, Sonata, SBI")
Sensex up 630 pts, Nifty atop 16,500; ONGC, RIL, Infy, TCS top contributors
Stock market live updates: At 7:25 AM, the SGX Nifty Futures quoted at 16,512 levels, indicating a gap-up of 172 odd-points.
 "Sensex up 630 pts, Nifty atop 16,500; ONGC, RIL, Infy, TCS top contributors")