Page 63 - Market Trends
FMCG shares under pressure; Hindustan Unilever, Britannia hit 52-week lows
In the past six months, HUL and Britannia have underperformed the market by falling 20 per cent and 15 per cent, respectively, as against 1 per cent decline on the S&P BSE Sensex.
 "FMCG shares under pressure; Hindustan Unilever, Britannia hit 52-week lows")
Bharti Airtel dips 3% on plans to buy 4.7% stake in Indus from Vodafone
The agreement in on the principal condition that the amount paid shall be inducted by Vodafone as fresh equity in VIL and simultaneously remitted to Indus Towers to clear VIL's outstanding dues.
 "Bharti Airtel dips 3% on plans to buy 4.7% stake in Indus from Vodafone")
Britannia slips 3%, nears 52-week low on input cost pressure concerns
In the past six months, the stock has declined 12 per cent, as compared to a 0.37 per cent decline on the S&P BSE Sensex.
 "Britannia slips 3%, nears 52-week low on input cost pressure concerns")
Stocks to Watch: Gail, Apollo Hospitals, Cadila, IOC, UPL, Saregama, KSB
Apollo Hospitals is likely to be in limelight as the stock enters Nifty 50. It will be replacing IOC with effect from March 31.
 "Stocks to Watch: Gail, Apollo Hospitals, Cadila, IOC, UPL, Saregama, KSB")
Market outlook: 5 reasons why March F&O series could keep investors on edge
The average daily swing for the NSE Nifty 50 index was 1.45 per cent, the highest in the last 10 months.
 "Market outlook: 5 reasons why March F&O series could keep investors on edge")
Mahindra CIE falls 3% on muted December quarter results
The company said the general cost inflation affecting the business - especially raw materials, energy and logistic costs.
 "Mahindra CIE falls 3% on muted December quarter results")
Stocks to Watch: Mahindra CIE, Dilip Buildcon, SIS, Butterfly Gandhimathi
Stocks like Sun Pharma, Dr.Reddy's and others having exposure to Europe are likel to be in focus as the Russia-Ukraine crisis deepens.
 "Stocks to Watch: Mahindra CIE, Dilip Buildcon, SIS, Butterfly Gandhimathi")
DCB Bank slips 5%; stock hits 21-month low on asset quality concerns
The weakening in the asset quality was partly due to the bank's customer profile, mainly comprising small-ticket borrowers in the self-employed segment, that was more severely impacted by the pandemic
 "DCB Bank slips 5%; stock hits 21-month low on asset quality concerns")
Indiabulls Real Estate zooms 12% after clarification on ED investigation
The company clarified that Enforcement Directorate (ED) investigation did not pertain to the company and has no bearing on the business and operations of the company.
 "Indiabulls Real Estate zooms 12% after clarification on ED investigation")
BPCL hits 52-week low on likely delay in divestment, soaring oil prices
Even if OMCs are not made to share any under-recovery, the continued pricing intervention would make it utterly difficult to divest government's stake in BPCL, Motilal Oswal said in its report
 "BPCL hits 52-week low on likely delay in divestment, soaring oil prices")
Stocks to Watch: Airtel, Indiabulls Housing, Panacea Biotec, Tata Power
Panacea Biotec may see some action on plans to launch a comprehensive coronavirus vaccine in association with THSTI.
 "Stocks to Watch: Airtel, Indiabulls Housing, Panacea Biotec, Tata Power")
InterGlobe Aviation slips 4% after promoter Rakesh Gangwal steps down
While new investors should benefit from the potential future growth in the company's share price, a gradual reduction of my stake should also allow me to benefit from some of the upside, GangwaL said.
 "InterGlobe Aviation slips 4% after promoter Rakesh Gangwal steps down")
Restaurant Brands hits new low post listing of shares issued to QIBs
A total of 108.40 million shares allotted to qualified institutional buyers started trading on the exchanges on Friday, February 18, 2022.
 "Restaurant Brands hits new low post listing of shares issued to QIBs")
G R Infraprojects hits all-time low; stock plunges 22% thus far in February
In Q3FY22, the company's consolidated profit after tax declined 65 per cent year-on-year to Rs 145 crore, due to lower operational income.
 "G R Infraprojects hits all-time low; stock plunges 22% thus far in February")
Ambuja Cements slips 4% on weak Q4 operational performance
The management said the December 2021 quarter was unfavorably impacted by very steep escalation in fuel prices coupled with subdued demand in multiple regions.
 "Ambuja Cements slips 4% on weak Q4 operational performance")
Stocks to Watch: RIL, Ambuja Cements, Torrent Power, Easy Trip, Banks
Banking shares may see some action after four banks hiked deposit rates in the last one week, an indication that the interest rate cycle has turned amid uptick in loan demand.
 "Stocks to Watch: RIL, Ambuja Cements, Torrent Power, Easy Trip, Banks")
Nykaa hits new all-time low, slumps 9%; down 34% in a month
Since February 9, 2022, in the past seven trading sessions, the stock has dipped 27 per cent after the company reported a disappointing set of numbers.
 "Nykaa hits new all-time low, slumps 9%; down 34% in a month")
Shankara Building hits 52-week high; surges 42% in 2 weeks
On January 28, 2022, Crisil Ratings had reaffirmed its 'CRISIL BBB+/Stable/CRISIL A2' rating on the bank facilities and commercial paper
 "Shankara Building hits 52-week high; surges 42% in 2 weeks")
Surya Roshni soars 18% in two days post December quarter results
The strong orderbook for exports, API coated pipes and spiral pipes are expected to drive the growth in the upcoming quarters.
 "Surya Roshni soars 18% in two days post December quarter results")
Va Tech Wabag surges 16% on strong order book of over Rs 10,000 crore
The company said international and industrial orders are expected to keep the momentum intact, going forward.
 "Va Tech Wabag surges 16% on strong order book of over Rs 10,000 crore")
