Page 79 - Market Trends

LIC Housing, Can Fin Homes slip 8% post Q2; HDFC at record high on Q2 hopes

Analysts believe that HDFC was able to gain the market share, especially from other HFCs and even smaller banks, due to its superior liability franchise and lower cost of fund

IRB Infra zooms 16%, stock up 39% in 3 days on plans to raise funds

The company's board meet is scheduled to be held on Tuesday, October 26, 2021 to also consider and approve a proposal of fund raising and also announce September quarter results

Indian Energy Exchange soars 10% on strong Q2 show, 2:1 bonus issue

In Q2Fy22, IEX posted a near 75 per cent jump in consolidated net profit at Rs 77.38 crore, mainly on the back of higher revenues.

Union Bank of India at 52-week high, stock rallies 42% so far in October

Post merger of Andhra Bank and Corporation Bank, Union Bank has raised capital which has improved the capitalisation levels of the bank enhancing its ability to absorb asset quality pressures

Bata India at record high, up 4% on institutional buying, revival hopes

Domestic investors have hiked stake in the company by 243 basis points (bps) to 17.88 per cent, while foreign shareholding increased marginally to 5.35 per cent at the end of June 2021 quarter

Stocks to Watch: HUL, ACC, Airtel, L&T Infotech, SBI, RIL, Adani Ports, IEX

L&T Infotech and UltraTech Cement are likely to react to Q2 numbers this morning, while focus shall also be on Hindustan Unilever, ACC and other stocks ahead of September quarter results

HCL Tech slips 2% on profit booking post September quarter results

With today's decline, the stock has now corrected 11 per cent from its record high level of Rs 1,377 touched on September 24, 2021

Time to buy HDFC AMC, Bajaj Electricals, says Vaishali Parekh

Both the stocks seem to have bottomed out after a decent correction and now indicate a trend reversal on the charts, says the technical analyst from Prabhudas Lilladher

Charts indicate more gains for Wipro, Mindtree; Infosys, TCS appear weak

Wipro and MindTree logged new life-time highs in trade on Thursday and can see further upside of up to 11 per cent

Infosys gains 4% on strong Q2 performance, raising FY22 revenue guidance

Infosys raised its revenue growth guidance for FY22 to 16.5-17.5 per cent in constant currency (CC) terms, from 14-16 per cent earlier; stock came within striking distance of its life-time high

Stocks to Watch: Infosys, Wipro, HCL Tech, Dish Tv, HDFC Bank, Zee

IT stocks will be in focus this morning, as market participants react to Infosys, Wipro and MindTree numbers. Thereafter, the focus will shift to HCL Technologies earnings

Tata Group stocks on a roll, rally up to 20%; here's why

Shares of Tata Motors DVR were locked at the 20 per cent upper circuit, while Tata Motors too surged nearly 20 per cent in intra-day trade on the BSE today

Tata Power jumps 4%, hits new high as solar arm wins multiple orders

Tata Power Solar received EPC orders worth Rs 538 crore from Energy Efficiency Services Limited (EESL) to set up multiple distributed ground mounted solar projects totalling 100 MW

Radico Khaitan soars 11% to a new high on launch of two new premium IMFLs

The company has launched Magic Moments Dazzle Vodka and Royal Ranthambore Heritage Collection Royal Crafted Whisky (blended malt scotch) in the brown and white spirit categories.

Stocks to Watch: Zee, HFCL, Tata Motors, Glenmark, JSW Steel, Vakrangee

Six companies are slated to announce earnings today including BEPL, DRC Systems India, JTL Infra, and Ind Bank Housing

GOCL Corp locked at 20% upper limit as arm bags Rs 592 cr Coal India order

IDL Explosives, a wholly-owned subsidiary of the Company, has bagged order worth of Rs 592.45 crore from Coal India, for supply of bulk explosives, to be supplied over a period of 2 years.

Titan shines 9% on strong Q2 biz update; market-cap crosses Rs 2-trn mark

The stock now trades at record high levels, backed by strong Q2FY22 revenue growth, the company reports 78 per cent year on year (YoY) jump in standalone revenue for the July-September quarter (Q2FY22

Tata Motors up 10%, at 3-yr high on strong biz outlook, brokerage upgrade

Foreign brokerage firm Morgan Stanley upgraded the stock with an overweight rating from equal-weight and raised target price to Rs 448 from Rs 298 earlier on the back of improved business outlook

This smallcap construction & engineering stock has zoomed 75% in 7 days

Shares of Patel Engineering were locked at the 20 per cent upper circuit at Rs 28.85, and in the process also hit a fresh 2.5 year high on the BSE on Tuesday amid heavy volumes

Gokaldas Exports hits 2nd straight 5% upper circuit on nod for QIP issue

The company's board in its meeting on October 4, 2021, approved raising up to Rs 300 crore via QIP placement of shares, the floor price for the same was fixed at Rs 194.58 per share.