Page 93 - Buzzing Stocks
Zomato slips 46% so far in 2022 as FPIs, MFs trim stake in March quarter
Shares of food delivery company Zomato hit a new low of Rs 74.65, down 2 per cent on the BSE in Thursday's intra-day trade. The stock has dropped 6 per cent in the past two trading days.
 "Zomato slips 46% so far in 2022 as FPIs, MFs trim stake in March quarter")
Hindustan Unilever gains 4% post strong March quarter results
In Q4FY22, the country's largest FMCG major saw net profit climb by 5.4 per cent year-on-year (YoY) to Rs 2,304 crore, compared to Rs 2,186 crore from a year-ago period.
 "Hindustan Unilever gains 4% post strong March quarter results")
HUL better placed to fight inflation; negatives priced-in stock: Analysts
While analysts see near-term margin compression, on expected lines, due to rise in commodity prices, they believe HUL is relatively better placed to fight the inflation woes.
 "HUL better placed to fight inflation; negatives priced-in stock: Analysts")
The stock of this edible oil company has zoomed 86% in last four days
Shares of Poona Dal & Oil Industries hit a record high of Rs 103.15 and were locked at the 10% upper circuit on the BSE.
 "The stock of this edible oil company has zoomed 86% in last four days")
Indian Hotels surges 6% on healthy Q4 turnaround, strong demand outlook
The management said business outlook is positive with April and May trending ahead of 2019.
 "Indian Hotels surges 6% on healthy Q4 turnaround, strong demand outlook")
Stocks to Watch: HUL, RIL, Bajaj Auto, Axis Bank, Vedanta, Ambuja Cements
Stock to Watch: Shares of Axis Bank, Bajaj Finserv, Vedanta, Biocon, Ambuja Cements and SBI Life will be in focus ahead of their Q4 results today.
 "Stocks to Watch: HUL, RIL, Bajaj Auto, Axis Bank, Vedanta, Ambuja Cements")
Ruchi Soya extends rally in a weak market; zooms 72% against FPO price
The stock was up 7% to Rs 1,115, and has zoomed 72% against FPO price of Rs 650 on the BSE
 "Ruchi Soya extends rally in a weak market; zooms 72% against FPO price")
Schaeffler India surges 6%; hits new high on strong March quarter results
In Q1CY22, the company's profit after tax jumped 48 per cent year-on-year(yoy) to Rs 207 crore from Rs 140 crore in Q1CY21.
 "Schaeffler India surges 6%; hits new high on strong March quarter results")
Veranda lists 15% higher over issue price on BSE; down 5% on NSE
At 10:22 am; the stock locked in upper circuit of Rs 164.85, after hitting a low of Rs 149.15 in intra-day trade on the BSE, against issue price of Rs 137 per share.
 "Veranda lists 15% higher over issue price on BSE; down 5% on NSE")
Veranda Learning freezes at 10% upper circuit; up 67% against issue price
In the past two days, the stock has rallied 15% after the company signed a definitive agreement to acquire T.I.M.E. (Advanced Educational Activities Pvt Ltd) for a consideration of Rs 287 crore
 "Veranda Learning freezes at 10% upper circuit; up 67% against issue price")
Bajaj Finance slips 5% despite strong Q4FY22 results
Brokerage firm Motilal Oswal Financial Services expects net interest margins (NIMs) to compress in FY23 due to yield pressure and higher borrowing cost.
 "Bajaj Finance slips 5% despite strong Q4FY22 results")
CARE Ratings slips 13%, nears 52-week low after MD & CEO resigns
The board has accepted the resignation of Ajay Mahajan as the MD & CEO of the company due to personal reasons.
 "CARE Ratings slips 13%, nears 52-week low after MD & CEO resigns")
Reliance Industries becomes 1st Indian company to hit Rs 19-trillion m-cap
According to the BSE data, RIL m-cap stood at Rs 19.02 trillion at 09:33 AM, with the stock up 1.3 per cent at Rs 2,811.85.
 "Reliance Industries becomes 1st Indian company to hit Rs 19-trillion m-cap")
Stocks to Watch: Reliance, Bajaj Finance, Wipro, HDFC Life, Tata Coffee
Stocks to Watch Today: Shares of Bajaj Auto, Hindustan Unilever and Indian Hotels are likely to be in focus as the companies report Q4 results on Wednesday.
 "Stocks to Watch: Reliance, Bajaj Finance, Wipro, HDFC Life, Tata Coffee")
Nifty likely to remain choppy, these are the key levels as per Vinay Rajani
The technical analyst from HDFC Securities recommends buying Action Construction Equipment and Bandhan Bank.
 "Nifty likely to remain choppy, these are the key levels as per Vinay Rajani")
Adani Wilmar crosses Rs 1-trn market cap; stock up 249% since debut in Feb
At 10:40 AM, AWL up 5 per cent stood at 50th position in overall market-cap ranking with a m-cap of Rs 1.04 trillion, BSE data shows.
 "Adani Wilmar crosses Rs 1-trn market cap; stock up 249% since debut in Feb")
Adani Enterprises hits new life-time high, stock up 5% on heavy volume
According to a Bloomberg report, Gautam Adani's conglomerate is in advanced talks to acquire Holcim Ltd.'s businesses in India.
 "Adani Enterprises hits new life-time high, stock up 5% on heavy volume")
The stock of this civil construction company has zoomed 147% in a month
On April 12, the board of Simplex Infra approved fund raise of up to Rs 421.80 crore by issuing shares and warrants to Swan Construction, a non-promoter group company on a preferential basis.
 "The stock of this civil construction company has zoomed 147% in a month")
Footwear shares rally upto 18% after Campus IPO opens for subscription
Khadim India surged 18% to Rs 274, while Liberty Shoes surged 13% to Rs 177.95, followed by Superhouse (11% to Rs 209) and Mirza International (6% to Rs 230).
 "Footwear shares rally upto 18% after Campus IPO opens for subscription")
Meghmani Finechem zooms 28% in two trading sessions post robust Q4 results
Q4 ebitda margin was up by 405 bps to 35 per cent on the back of strong operational efficiency and internal cost control measures.
 "Meghmani Finechem zooms 28% in two trading sessions post robust Q4 results")