Page 51 - Market Trends

Vi gains 10% on reports of Amazon & PEs Rs 20,000 crore investment plan

Sources say that the proceeds of the sale will be utilized to bid for the upcoming 5G spectrum auction and roll-out of services by end of the year.

Voltamp Transformers zooms 9%, stock up 32% in two weeks on strong Q4 nos

The company's profit jumped 67 per cent on a YoY basis, while sales grew by 36.3 per cent. The board has also recommended a dividend of Rs 35 per share.

J Kumar Infra gains 3%, hits 52-week high on solid Q4 results

In the past three months, the stock zoomed 55 per cent, as against 1 per cent decline in the S&P BSE Sensex.

BSE Auto index hits over 3-mth high; M&M at record high, Tata Motors up 3%

Analysts at Emkay Global Financial Services retain their positive view on the auto sector, underpinned by expectations of a cyclical upturn in the next three years.

Sensex powers up over 1,000 points: What's fueling the surge on Monday?

Analysts believe that the improvement in global sentiment on the back of consumer resiliency and peaking inflation brought cheer back to the Dalal Street.

RIL, IT stocks propel Sensex 1,041 pts up; Nifty tops 16,650; Ethos dips 9%

CLOSING BELL: Among individual stocks, Titan, Infosys, M&M, L&T, Reliance Industries, HCL Tech, TCS, and Tech M were the lead gainers

Timken India surges 14% on strong March quarter results

Going forward, Timken is expected to perform better with sustainable margins, new product launches and better performance in Indian CV & PV segment.

Ethos debuts on a weak note; stock lists at 6% discount to issue price

Shares of Ethos listed at Rs 825, a 6 per cent discount when compard with its issue price of Rs 878 per share on the NSE.

Mahindra & Mahindra rallies 4%, hits 52-week high post Q4 results

Given the recent fiscal and monetary measures by Government of India and RBI, the company's management foresees the cost pressures in the economy to ease out.

Upside seems capped for MCX Gold; Silver may consolidate in this range

The upside for MCX Gold June futures seem capped around Rs 51,400-level, while support is seen around Rs 50,670; Silver futures may consolidate in a broad range of Rs 58,480 to Rs 63,885.

New import policy to buoy paper stocks in medium-to-long term: Analysts

Analysts believe that the government's nascent step towards anti-dumping policy will act as a big booster for the domestic paper players.

SJS Enterprises gains 12% on healthy business outlook

The company engaged in auto components & equipment business said it has won several key projects from Continental, MG, Honda, Hyundai.

Here's why Mehul Kothari recommends buying Balkrishna Inds, HDFC Life

According to the technical analyst from Anand Rathi, Balkrishna Industries is showing immense strength on the 2-hour chart, while the weekly chart of HDFC Life indicates a sharp up move.

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

The technical analyst from HDFC Securities recommends buying ICICI Bank 740 Call and simultaneously selling 760 Call for the June expiry.

Balrampur Chini snaps 3-day losing streak; stock gains 5% on heavy volumes

Analysts believe that the government's curb on 10 metric ton sugar exports would not cause a major impact as their expectation was lower than the limit for this year.

Balrampur Chini, Shree Renuka, Triveni: Sugar stocks dip after 300% surge

Select sugar stocks like Balrampur Chini, Dwarikesh Sugar and Renuka had jumped up to 6-fold post the Covid-19 decline; However, off late the stocks have corrected sharply post export limitations.

AIA Engineering gains 6% post March quarter results

In Q4 EBITDA margin improved 182 basis points (bps) YoY and 21 bps sequentially at 24.2 per cent.

Coromandel Intl falls 10% on profit-taking post gaining 17% in 1 month

Analyst believe the company should benefit from debottlenecking of the phosphoric acid plant as well as from an increased share of newly-launched, high margin, crop-protection products in FY23.

Globus Spirits slips 15% on weak March quarter results

In Q4FY22, EBITDA margin contracted by 720 basis points (bps) year-on-year to 17.6 per cent.

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.