Page 77 - Market Trends

S H Kelkar and Co zooms 19% after 10% equity changes hands via block deals

At 09:15 am; around 14.12 million equity shares, representing 9.99 per cent of total equity of S H Kelkar and Company changed hands on the BSE, the exchange data shows.

Britannia Industries dips 5% on margin disappointment in Q2

The company said its operating margin contracted by 425 basis points (bps) to 14.09 per cent in Q2FY22 from 18.34 per cent in Q2FY21

Muthoot Finance at new high on strong Q2 show; Manappuram also shines

The management of Muthoot Finance is optimistic about growing the company's gold loan book further and maintains 15 per cent growth guidance for FY22.

IndusInd Bank can fall 11% if its fails to hold support levels, charts show

The current chart pattern signals a weak trend and market participants are likely to stay on the sidelines to see whether the stock honours the respective support levels

The share price of this restaurant firm has zoomed 46% in just 6 days

Barbeque Nation Hospitality surged 9 per cent to hit a new high of Rs 1,782.55 on the BSE

UltraTech Cement gains 4%, hits record high on strong demand outlook

The company is witnessing strong demand from various infrastructure constructions such as highway construction, railways, metro rail, irrigation projects, airports and urban housing market

IndusInd Bank slumps 10% despite clarification on loan evergreening issue

The bank's management said that report of lapses in governance and accounting norms to allegedly 'evergreen' loans running was "inaccurate and baseless"

Sobha soars 11% on fund raising plan; stock has zoomed 226% in one year

The board is scheduled to meet on Monday, November 8, 2021 to consider and approve the proposal of issue of unlisted secured redeemable non-convertible debentures on a private placement basis

Larsen & Toubro gains 4%, hits record high on hopes of strong order inflows

L&T's order inflow is expected to be good in October-March period (H2FY22) given the expected high activity in tendering in and awarding

SBI trades higher for 4th straight day, hits new high ahead of Q2 results

SBI appears well-positioned to report a strong uptick in earnings, led by moderation in credit costs, as the bank has strengthened its balance sheet and increased its PCR

Trent rallies 9% on strong September quarter results

The company said the recovery in revenue coupled with various cost mitigation measures, including with respect to property related pay-outs led to improved operating profitability

Here's why Ajit Mishra is positive on Bharat Forge, Airtel and Ramco Cement

The technical analyst from Religare Broking recommends to buy and accumulate these stocks in the given range

Allcargo Logistics freezes at 20% upper limit, at new high on robust Q2 nos

The company said the industry went through pain with low rates over several years and has now turned around post consolidation and do not see freight rates going back to earlier levels in near future.

Bayer CropScience drops to 52-week low, down 7% on weak Q2 results

To commemorate Bayer's presence in India for 125 years, the board has declared a special dividend of Rs 125 per equity share of Rs 10 each for the financial year 2021-22

Gokaldas Exports hits third straight 5% upper circuit on strong Q2 results

The company reported 3-fold jump in Q2FY22 consolidated net at Rs 28.61 crore as against a profit of Rs 8.66 crore in a year ago quarter

PI Industries plunges 8% on termination of Ind-Swift slump sale agreement

The agreement had to be cancelled due to non-completion of several pre-agreed conditions precedents by Ind-Swift Labs

Tata Motors shrugs Q2 loss, stock up 5% on good JLR operational performance

JLR expects the EBIT margin and free cash flow (before restructuring costs) to turn positive in the second half of Fiscal 2022

Here's why Osho Krishan recommends buying Hindustan Unilever, LIC Housing

According to the technical analyst from Anand Rathi, after Monday's movement ICICI Bank also looks good on chart for an upside target of Rs 840

Bandhan Bank dips 7% on disappointing September quarter results

The bank reported a loss net of Rs 3,009 crore in Q2FY22 on huge provisions of over Rs 4,600 crore for the bad loans and restructured advances

IRCTC: Govt withdraws decision to share convenience fee; shares recover 34%

ICICI Securities in a note said that, this would straight away reduce revenues and earnings before interest and tax (EBIT) by 14 per cent and 36 per cent respectively