Page 86 - Buzzing Stocks
GAIL's Rs 1,083 crore buyback offer kicks off: Should you tender shares?
The company has prescribed a buyback ratio of 2 shares for 25 equity shares for reserved category whereas 2 shares for 179 equity shares for general category.
 "GAIL's Rs 1,083 crore buyback offer kicks off: Should you tender shares?")
Govt exempts customs duty on soybean, sunflower oil; AWL, Ruchi Soya dip 5%
The government on Tuesday exempted customs duty and the agri cess on importing 2 million tonnes of soybean and sunflower oil per year
 "Govt exempts customs duty on soybean, sunflower oil; AWL, Ruchi Soya dip 5%")
Sugar stocks extend fall, slip up to 9% as government restricts exports
Brokerage ICICI Securities believes this would not have any impact on sugar companies' fundamentals.
 "Sugar stocks extend fall, slip up to 9% as government restricts exports")
Minda Industries rallies 9% post Q4 results and 1:1 bonus issue
The management believes that the auto industry is at the cusp of revival, with favorable governmental policies and more new product launches planned by OEMs for the coming year.
 "Minda Industries rallies 9% post Q4 results and 1:1 bonus issue")
Vinay Rajani recommends buy on dips strategy; Nifty support seen at 16,000
The technical analyst from HDFC Securities recommends buying Transport Corporation of India basis charts
 "Vinay Rajani recommends buy on dips strategy; Nifty support seen at 16,000")
Stocks to Watch: Adani Ports, Strides, Metropolis, RITES, Zee, Balrampur
Stocks to Watch Today: Sugar and FMCG stocks likely to be in focus as govt limits sugar exports and exempts customs duty on agri cess. Apollo Hospitals, Bata, Coal India and Nalco to report results.
 "Stocks to Watch: Adani Ports, Strides, Metropolis, RITES, Zee, Balrampur")
Delhivery jumps over 10% post tepid debut: Should you hold or sell shares?
Analysts remain mixed over the Gurgaon-based logistics firm Delhivery due to volatile market conditions and loss-making nature of the company.
 "Delhivery jumps over 10% post tepid debut: Should you hold or sell shares?")
Manappuram Finance hits lowest level since March 2020; slips 25% in 1 month
Despite the management's optimism on demand outlook, there are challenges considering the signs of rural slowdown as evident from recent corporate results in many sectors
 "Manappuram Finance hits lowest level since March 2020; slips 25% in 1 month")
Sharda Cropchem hits new high on strong business outlook; stock surges 10%
Analysts expect the company to show high growth momentum, strong balance sheet, free cash-flows and strong return ratios over FY22-24.
 "Sharda Cropchem hits new high on strong business outlook; stock surges 10%")
Rupa & Company tanks 20% after disappointing Q4 performance, CEO's exit
The company's consolidated profit after tax (PAT) declined 25 per cent year on year (YoY) at Rs 49.3 crore, on the back of flat revenues at Rs 455.5 crore over the previous year quarter.
 "Rupa & Company tanks 20% after disappointing Q4 performance, CEO's exit")
Delhivery makes listless debut; opens 1% higher against issue price
The stock of logistics services provider got listed at Rs 493, 1.2 per cent higher against its issue price of Rs 487 per share on the BSE
Venus Pipes lists at 4% premium against issue price; stk hits upper circuit
Post listings,the stock was locked in the 5 per cent upper circuit band at Rs 351.75 on the BSE
 "Venus Pipes lists at 4% premium against issue price; stk hits upper circuit")
Divis Labs sheds 14% in two days, hits 52-week low post Q4 results
The company has earmarked an aggressive capex of around Rs 2,000 crore over next two years in order to take a chunk of around $20 billion opportunity of APIs going off-patent over FY23-25.
 "Divis Labs sheds 14% in two days, hits 52-week low post Q4 results")
Stocks to Watch: Zomato, Delhivery, SAIL, Ramco Cements, GAIL, BEL, Marico
Stocks to Watch: Grasim Industries, Adani Ports, JM Financials, Bank of India, Ipca Lab, Inox Wind, Jyothi Lab, and Metropolis Healthcare will be in focus ahead of their Q4 results today.
 "Stocks to Watch: Zomato, Delhivery, SAIL, Ramco Cements, GAIL, BEL, Marico")
Here's why Mehul Kothari is bullish on MCX India, Voltas
According to the technical analyst, MCX India has a classic setup, precise Bullish BAT pattern on the daily chart with N-wave completed near the potential reversal zone.
 "Here's why Mehul Kothari is bullish on MCX India, Voltas")
Indian Hotels unveils 'Ahvaan 2025' for profitable growth; stock gains 4%
The company aims to build a portfolio of 300 hotels, clock 33 per cent EBITDA margin with 35 per cent EBITDA share contribution from new businesses and management fees by FY 2025-26.
 "Indian Hotels unveils 'Ahvaan 2025' for profitable growth; stock gains 4%")
Amara Raja Batteries slips 6% on disappointing Q4 operational performance
In Q4, Ebitda declined by 31 per cent year on year to Rs 220 crore due to lower-than-expected revenue and delay in passing on commodity inflation
 "Amara Raja Batteries slips 6% on disappointing Q4 operational performance")
Stock of this rubber producer company has zoomed 76% in two months
Apcotex hit a record high of Rs 640.30 and rallied 10 per cent on the BSE.
Auto stocks gain on fuel price cut; Maruti, Ashok Ley, M&M gain up to 5%
Analysts also believe that the government's export duty hike on steel and plastic bodes well for the auto sector due to elevated commodity inflation.
 "Auto stocks gain on fuel price cut; Maruti, Ashok Ley, M&M gain up to 5%")
MSCI Inclusion Impact: Adani Power hits record high, up 35% in seven days
In the past three months, the stock has zoomed 161 per cent, as compared to 5 per cent decline in the S&P BSE Sensex.
 "MSCI Inclusion Impact: Adani Power hits record high, up 35% in seven days")