Page 79 - Buzzing Stocks

Greenlam surges 11% as board approves Rs 195-cr preferential issue to QIB

The board has approved issuance of up to 6.31 million equity shares to Smiti Holding and Trading Company Private Limited at a price of Rs 309 per share aggregating to Rs 195 crore

Crude Oil slumps 6%; ONGC, Oil India, Adani Total tumble up to 17%

Oil prices tumbled about 5 per cent to a three-week low on Friday, as investors feared that interest rate hikes from major central banks could slow the global economy and cut demand for energy.

Elgi Equipments bucks weak market trend; zooms 54% in five weeks

The company remains optimistic with respect to growth in FY23 and are well prepared to achieve revenue targets for the year

Jhunjhunwalas lost nearly Rs 3,500 cr in this Tata Group stock in 3 months

Titan Company has slipped 7 per cent to Rs 1,925 in intra-day trade on Friday and has shed 29 per cent in the past three months.

Telecom sector in focus: Charts suggest up to 25% upside for Airtel, TTML

Charts suggest that Bharti Airtel can rally to a new high of Rs 800; However, investors need to wait for a confirmed breakout if considering to buy shares of Vodafone Idea.

Delta Corp gains 9% as gaming arm files IPO papers with Sebi

Meanwhile, thus far in the month of June, ace investor Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala have sold 7.5 million equity shares of Delta Corp through open market sale

BSE IT index tanks 11% so far in June; TCS, Infosys, Wipro hit 52-week low

Fears of a recession in the US grew after Federal Reserve's biggest rate hike in nearly three decades, followed by Swiss National Bank raising its policy interest rate for the first time in 15 years.

Stocks to watch: Telecom, Aviation, Tata Motors, HDFC, Glenmark Pharma

Stocks to watch today: Tata Motors UK subsidiary JLR is likely to halt production due to supply disruption and chip crunch; Aviation stocks in focus after jet fuel prices hiked by 16 per cent.

Recession fears hit global mkts; Sensex drops 1,046 pts, Nifty below 15,400

CLOSING BELL: The S&P BSE Sensex and the Nifty50 indices hit fresh 52-week lows as they spiraled 2 per cent down

Infosys, Wipro, UltraTech Cement, Tata Steel, Hindalco hit 52-week lows

An economic slowdown or other factors may affect the economic health of the US, UK, the European Union, Australia or those industries where IT revenues are concentrated.

Sagar Cements tanks 12%, hits 52-week low on growth concerns

The geopolitical tensions between Russia and Ukraine have resulted in sharp increase in pet coke and coal prices, thereby, denting overall profitability of the business.

SpiceJet moots fare hike, hits 2-yr low; IndiGo slips 4% amid rising fuel

Aviation Turbine Fuel (ATF) prices, typically account for 40 per cent of an airline's cost, have been hiked to Rs 141,232.87 per kilolitre in Delhi, an all-time high.

Tech Mahindra hits one year low; stock slips 45% from 52-week high level

Brokerages have slashed both target PE multiples as well as FY24 earnings estimate for the IT sector amid margin concerns

ITC gains 1% after Motilal upgrades rating; stock up 23% thus far in 2022

Motilal Oswal Financial Services (MOSL) upgraded rating on the stock to 'Buy' with a price target price of Rs 335 per share.

Stocks to watch: SBI, HDFC Bank, Yes Bank, Network18, JSW Steel, Zomato

Stocks to watch today: State Bank of India raised their MCLR lending rate by 20 basis points across all tenors; Network18 group firm Viacom18 eyes expansion after it bagged media rights for IPL.

Sensex ends 152 pts lower ahead of US Fed decision; Nifty dips below 15,700

CLOSING BELL: NTPC, Infosys, HUL, Wipro, and RIL slipped over 1 per cent each

Five Tata Group stocks turn ex-dividend; Tata Steel gains, others slip

Tata Steel, Tata Power Company, Tata Exlsi, Tata Chemicals and Tinplate Company of India traded at ex-dividend adjusted price on Wednesday.

Stock of this electric utilities company has zoomed over 1,100% in one year

The stock of KPR Green has zoomed 50% in six days after the company received commissioning certificate from Gujarat Energy Development Agency for capacity of 5.20 MWdc solar power project

Apar Industries hits new high; zooms 53% in 3 weeks on strong Q4 results

The stock hit a record high of Rs 935, surging 8 per cent on the BSE in Wednesday's intra-day trade

GR Infraprojects hits all-time low, stock down 18% in 3 days amid CBI raids

No major negative disclosure from the CBI raid will be key triggers for future price performance, according to analysts at ICICI Securities.