Page 91 - Buzzing Stocks

Angel One extends fall despite strong April update; stk drops 32% in 4 days

On April 29, 2022, the promoter, Rahul Thakkar sold 41,200 equity shares of Angel One via open market sale.

Voltas tanks 10% on disappointing March quarter results

The EBITDA margin declined by 268 bps YoY to 9.8 per cent on account of higher raw material cost and delay in price hikes.

ITC outperforms benchmark on strong earnings hope; stock up 2%

ITC will announce its Q4 results and declare final dividend on May 18, 2022.

Nifty IT dips 3%; Coforge, LTI fall up to 9%; here's what's worrying Street

According to analysts, IT companies have lost their sheen after March quarter results highlighted slowdown in deal momentum, and margin pressure

Wipro hits 52-week low; stock down 18% in 1 month on tepid Q1FY23 guidance

The company has given a tepid guidance of 1-3% QoQ CC terms growth in Q1FY23, which translates into revenues of $2,748 million to $280 million

Stocks to Watch: RIL, TVS Motor, CEAT, Adani Power, Wipro, Canara Bank

Shares of Reliance Industries, Canara Bank, Sundaram-Clayton, Tata Power Company, CSB Bank, Federal Bank will be in focus ahead of their Q4 results.

F&O Strategy: Nandish Shah recommends a Bull spread on Infosys

The derivative analyst from HDFC Securities recommends buying Infy 1,600 Call and simultaneously selling 1,640 Call for the May expiry.

Future Retails slips 5% for 8th straight trading day; stock hits new low

CARE Ratings has moved ratings of the company's instruments and facilities to "issuer not cooperating" category.

Gokaldas Exports hits record high; zooms 38% in 4 days on strong Q4 results

With the recent fundraise (QIP: Rs 300 crore), the company has strengthened its balance sheet with a repayment of around Rs 300 crore debt, post which Gokaldas Exports has become net debt free.

SpiceJet hits 18-month low; stock down 23% thus far in 2022

The stock was quoting lower for the sixth straight day, down 6 per cent during this period.

Hero MotoCorp up 5% on hopes of healthy business outlook

With the economy picking up, the management expects the demand for motorcycles and scooters to see a positive turnaround in the coming months.

ABB India soars 9% on robust March quarter earnings, strong order book

The company has a strong order backlog as of March 31, 2022, at Rs 5,229 crore, which provides revenue visibility and is well aligned to support growth plans in the coming quarters.

Matrimony.com gains 6% as board plans to mull share buyback proposal

The board will meet on May 12, 2022, to consider the proposal for buyback of equity shares of the company, the quantum, and mode of buyback.

Stocks to Watch: Tata Consumer, Havells, CEAT, Dabur, Marico, SBI, Voltas

Stocks to Watch: Adani Power, Adani Transmission, CEAT, Dabur India, Marico, Exide Industries, Happiest Minds Technologies, and Indus Towers will be in focus ahead of theur Q4 results.

Rate hike impact: Rate sensitive shares tumble as RBI ups rate by 40bps

At 02:27 PM: Nifty Bank, Nifty Financial Services, Nifty PSU Bank, Nifty Auto and Nifty Auto index were down between 1.3 per cent and 2 per cent on the NSE.

Dixon Technologies tanks 14% in 2 days; stock nears 52-week low

The Enforcement Directorate, on Saturday, "seized" over Rs 5,551-crore worth fund of Chinese mobile manufacturing company Xiaomi for violating the Indian foreign exchange law

The stock of this electrical equipment company has zoomed 62% in 3 days

Shilchar Technologies hit a new high of Rs 671.25, zooming 20 per cent on the BSE in Wednesday's intra-day trade amid heavy volumes

Zomato, L&T Infotech, Solara, TTML plunge over 25% in one month

Shares of Zomato hit a new low of Rs 64.70, down 7 per cent on the BSE in Wednesday's intra-day trade

Cosmo Films soars 10% on bonus issue plan

The company's board will meet on Monday, May 9, 2022 to consider the issuance of bonus shares.

Titan slips 3%, hits over three-month low on weak March quarter results

Titan's jewellery division's revenue growth trajectory disappointed due to the dual impact of Omicron Covid variant in Jan and a sharp rise in gold prices in March deferring customer purchases.