Page 89 - Buzzing Stocks
Tata Motors gains 10% amid narrowed Q4 net loss, strong demand outlook
The company guided for robust demand prospects (JLR order-book at 1.68 lakh units, up 13,000 units QoQ) coupled with healthy profitability going forward
 "Tata Motors gains 10% amid narrowed Q4 net loss, strong demand outlook")
HDFC AMC hits new 52-week low on MSCI exclusion; stock down 18% in a month
From India, MSCI has added 4 stocks - Adani Power, AU Small Finance Bank, Jindal Steel & Power and Tata Elxsi, whereas, deleted HDFC AMC.
 "HDFC AMC hits new 52-week low on MSCI exclusion; stock down 18% in a month")
Indus Towers hits 52-week low as stock turns ex date for interim dividend
The company has fixed Tuesday, May 17, 2022, as the 'record date' for the purpose of ascertaining the eligibility of shareholders for the payment of interim dividend of Rs 11 per share.
 "Indus Towers hits 52-week low as stock turns ex date for interim dividend")
Matrimony.com surges 14% as board approves share buyback via tender offer
The board has recommended a buyback of equity shares not exceeding Rs 75 crore at an indicative maximum buyback price not exceeding Rs 1,150 per equity share.
 "Matrimony.com surges 14% as board approves share buyback via tender offer")
Stocks to Watch: L&T, Tata Motors, Siemens, Apollo Tyres, HCC, HP Adhesives
Stocks to Watch Today: Bandhan Bank, BoB, Eicher Motors, Escorts, REC, SBI, Tech Mahindra and UCO Bank are likely to be in focus ahead of Q4 results; Delhivery and Venus Pipes IPOs close on Friday.
 "Stocks to Watch: L&T, Tata Motors, Siemens, Apollo Tyres, HCC, HP Adhesives")
Options Trading: Vinay Rajani recommends buying Federal Bank Put
The technical analyst from HDFC Securities reommends buying Federal Bank 85 Put with a stop loss at Re 1.
 "Options Trading: Vinay Rajani recommends buying Federal Bank Put")
Birla Corporation down 7%; stock hits 52-week low on growth worries
The management remained cautious over profitability of cement companies in the near future as it does not anticipate any relief in cost pressure.
 "Birla Corporation down 7%; stock hits 52-week low on growth worries")
Nifty 500 Alert: These 55 stocks are hitting fresh 52-week lows regularly
Among the losing pack, Solara Active Pharma Sciences has slumped 75 per cent, while Aarti Drugs, MCX India and Tata Communications are other major laggards
 "Nifty 500 Alert: These 55 stocks are hitting fresh 52-week lows regularly")
Paytm hits all-time low; tanks 62% thus far in 2022 on FPI selling
Foreign portfolio investors' (FPIs) holding in Paytm has declined by 4.94 percentage points to 4.42 per cent in March 2022 quarter.
 "Paytm hits all-time low; tanks 62% thus far in 2022 on FPI selling")
Here is why Hindalco shares tumbled 6 per cent on Thursday
In Q4, Novelis reported 15 per cent YoY decline in adjusted EBITDA at $431 million primarily due to short-term operational cost challenges.
 "Here is why Hindalco shares tumbled 6 per cent on Thursday")
Relaxo Footwears slips 10% on weak March quarter results
In Q4FY22, EBITDA margin was down 596 bps to 15.9% due to steep increase in raw material prices and extra support to trade towards GST rate differential on inventory.
 "Relaxo Footwears slips 10% on weak March quarter results")
Punjab National Bank tanks 10%, hits 52-week low on weak Q4 results
In Q4FY22, the bank's standalone net profit dropped 66 per cent YoY to Rs 201 crore as the bank set aside Rs Rs 325 crore on account of a fraud.
 "Punjab National Bank tanks 10%, hits 52-week low on weak Q4 results")
Stocks to Watch: CoForge, MRPL, Petronet, JSW Ispat, PNB, Birla Corp, PSBs
Stocks to Watch Today: Aditya Birla Capital, Apollo Tyres, GSPL, HCC, L&T, RBL Bank, Siemens and Tata Motors ahead of Q4 earnings; Prudent Corporate Advisory Services IPO to close on Thursday.
Infosys hits over 10-month low; stock down 14% in a month
In the past one month, the stock of information technology (IT) major has declined 14 per cent after operating performance missed estimates in March quarter (Q4FY22).
 "Infosys hits over 10-month low; stock down 14% in a month")
Gas stocks in focus: Trading strategies for Gujarat Gas, MGL, Adani Total
The outlook for Natural gas stocks looks good. However, these stocks need to cross and sustain above the key levels for renewed buying interest.
 "Gas stocks in focus: Trading strategies for Gujarat Gas, MGL, Adani Total")
Bonus issue fails to lift Ajanta Pharma; stock hits 52-week low on weak Q4
In Q4FY22, Ajanta's earnings before interest, taxes, depreciation, and amortization declined 20 per cent year-on- year to Rs 207 crore.
 "Bonus issue fails to lift Ajanta Pharma; stock hits 52-week low on weak Q4")
This Rakesh Jhunjhunwala owned stock has tanked 65% from its 52-week high
In the past one month, the market price of Nazara Technologies has tanked 29 per cent, as compared to a 8 per cent decline in the S&P BSE Sensex.
 "This Rakesh Jhunjhunwala owned stock has tanked 65% from its 52-week high")
City gas distributor stocks gain up to 9% post March quarter results
At 10:00 am; CGD stocks were up in the range of 4 per cent to 7 per cent, as compared to 0.43 per cent decline in the S&P BSE Sensex.
Kansai Nerolac slips 6%, hits 52-week low as Q4 PAT declines 81%
The management said the quarter witnessed impact in terms of demand for decorative business on account of the steep price increase taken towards the end of Q3FY22.
 "Kansai Nerolac slips 6%, hits 52-week low as Q4 PAT declines 81%")
Stocks to Watch: SBI, Cipla, Voda Idea, Gujarat Gas, Zensar, MGL, Welspun
Stocks to Watch Today: The primary market too is likely to be abuzz with activity with three IPOs namely - Delhivery, Prudent Corporate Advisory Services IPO and Venus Pipes IPO open for subscription.