Page 65 - Market Trends
Shares of this realty firm zoomed 165% in 6 weeks, trade at 7-year high
DB Realty's board approved fund raising via issuing 50 million convertible warrants to Rekha Jhunjhunwala, RARE Investments and others.
 "Shares of this realty firm zoomed 165% in 6 weeks, trade at 7-year high")
Stove Kraft tanks 16% on weak December quarter earnings
In Q3FY22, Ebitda margin contracted 770 bps at 7.2 per cent as it witnessed cost pressures from raw material price increase during the quarter.
 "Stove Kraft tanks 16% on weak December quarter earnings")
Ishan Dyes zooms 37% in two trading sessions as Shankar Sharma buys stake
Ace investor Shankar Sharma bought 7 lakh shares, representing 4.4 per cent equity, of Ishan Dyes at an average price of Rs 121.71 per share in a bulk deal on February 08.
 "Ishan Dyes zooms 37% in two trading sessions as Shankar Sharma buys stake")
Stocks to Watch: Airtel, Vedanta, IRCTC, Bata, Jindal Steel, RITES, Power
3i Infotech, ACC, Aurobindo, Berger Paints, DCB Bank, GMR Infra, Indiabulls Housing, NDTV, Nykaa, Petronet, PowerGrid Corp, SAIL and Tata Power to report earnings today.
 "Stocks to Watch: Airtel, Vedanta, IRCTC, Bata, Jindal Steel, RITES, Power")
Biocon gains 3%, at 6-month high in a weak market; stock up 18% in 3 weeks
Biocon said its subsidiary Biocon Pharma has received approval of its ANDA for Posaconazole Delayed-Release tablets from the US FDA.
 "Biocon gains 3%, at 6-month high in a weak market; stock up 18% in 3 weeks")
Indian stock markets can fall another 10%
Benchmark indices have turned negative for the year with Monday's 1.7% slide in the markets. A double-digit fall in benchmark indices is possible, as markets are not fully pricing global headwinds
 "Indian stock markets can fall another 10%")
Adani Wilmar soars 8 per cent post tepid debut
At 10:05 am, Adani Wilmar traded at Rs 244, a 6 per cent premium when compared to its issue price of Rs 230 per share.
 "Adani Wilmar soars 8 per cent post tepid debut")
HDFC Group shares falter: HDFC at 6-month low; HDFC Life hits 52-week low
HDFC, HDFC Bank, HDFC AMC and HDFC Life were underperforming the market by falling in the range of 3 per cent to 4 per as against a 1.7 per ent decline in the S&P BSE Sensex.
 "HDFC Group shares falter: HDFC at 6-month low; HDFC Life hits 52-week low")
Lupin slips 9% in two days, hits 52-week low on disappointing Q3 results
In the past six months, the stock has shed nearly 30 per cent, as compared to a 7 per cent rise in the S&P BSE Sensex.
 "Lupin slips 9% in two days, hits 52-week low on disappointing Q3 results")
GNFC soars 15%, hits 52-week high on robust Q3 earnings
On outlook, GNFC said that the company is in a position to leverage boom in specific products and optimize, both, realization and profits, with flexible and multiple product basket.
 "GNFC soars 15%, hits 52-week high on robust Q3 earnings")
FDC surges 8% as board to consider share buyback proposal
The company's board will meet on February 9, 2022 to consider the proposal for buyback of equity shares of the company through tender offer route.
 "FDC surges 8% as board to consider share buyback proposal")
This stock has surged 25% in two days after Vijay Kedia bought stake
On February 3, 2022, Vijay Kedia purchased 40,007 equity shares representing 0.70 per cent of total equity of Ambika Cotton Mills for Rs 9 crore.
ITC gains 2% on better than expected December quarter results
ICICI Securities believes stable taxation on cigarettes would result in high growth in cigarette volumes in the medium term.
 "ITC gains 2% on better than expected December quarter results")
Godrej Properties slumps 10% as board approves investment in DB Realty
In the last two trading sessions, the stock has tanked 16 per cent. The company reported a subdued December quarter as its pre-sales volumes declined 7 per cent YoY and 39 per cent on a QoQ basis.
 "Godrej Properties slumps 10% as board approves investment in DB Realty")
Stocks to Watch: RIL, ITC, TCS, Titan, Cadila, Emami, Lupin, EIH, Tyre
BoI, Devyani Intl, Eveready, FSL, Mahindra Life, Paytm, REC, Siemens, Sintex, SPARC, Tata Steel, Thermax and Vijaya Diagnostics are some of the prominent companies to announce results today.
 "Stocks to Watch: RIL, ITC, TCS, Titan, Cadila, Emami, Lupin, EIH, Tyre")
Manyavar owner Vedant Fashion IPO: Brokerages have mixed ratings
Vedant Fashion's IPO will be open for subscription from February 04 to February 08, in the price band of Rs 824 to Rs 866 per share.
 "Manyavar owner Vedant Fashion IPO: Brokerages have mixed ratings")
Share price of this sugar company has jumped four-fold in one year
Shares of Triveni Engineering hit a new high of Rs 285.30, on rallying 9 per cent in intra-day trade. The stock zoomed 313 per cent from its 52-week low of Rs 69 touched on February 16, 2021.
 "Share price of this sugar company has jumped four-fold in one year")
Auto shares on fast-track; TVS Motor, Hero MotoCorp rally up to 5%
At 10:42 am; Nifty Auto index, the top gainer among sectoral indices, was up 1.6 per cent, as compared to 0.39 per cent decline in the Nifty50 index.
 "Auto shares on fast-track; TVS Motor, Hero MotoCorp rally up to 5%")
Bharat Dynamics zooms 10% on inking Rs 3,132 cr contract with Indian Army
With this contract, the company's order book position stands at Rs 11,400 crore (net), BDL said in an exchange filing.
 "Bharat Dynamics zooms 10% on inking Rs 3,132 cr contract with Indian Army")
Too conservative or well balanced? How brokerages interpret Budget 2022
These brokerages houses are bullish on banks and capital goods.
 "Too conservative or well balanced? How brokerages interpret Budget 2022")
