Page 80 - Market Trends
This recently listed specialty chemicals has zoomed 144% in 28 trading days
Meghmani Finechem was demerged from Meghmani Organics during FY21 to empower the company grow its Chlor-Alkali business
 "This recently listed specialty chemicals has zoomed 144% in 28 trading days")
Tata Motors up 3%, inches towards 52-week high on hopes of biz recovery
The company expects demand for cars and SUVs to remain strong in the forthcoming festive season; however, the supply situation for electronic components may continue to witness challenging time
 "Tata Motors up 3%, inches towards 52-week high on hopes of biz recovery")
India Glycols soars 19% as FPI buys stake, Ind-Ra upgrades credit ratings
On Friday, October 1, 2021, WHV-EAM International Small Cap Equity Fund purchased 186,947 equity shares or 0.60 per cent stake of IGL at price of Rs 830.22 on the NSE via bulk deal
 "India Glycols soars 19% as FPI buys stake, Ind-Ra upgrades credit ratings")
Tata Power market-cap crosses Rs 50,000cr mark; stock up 4% at new high
The company aims to scale up its renewable energy portfolio from current 4GW to 15GW by 2025 and 25GW by 2030 thereby achieving 80 per cent clean generation capacity, up from the current 31 per cent
 "Tata Power market-cap crosses Rs 50,000cr mark; stock up 4% at new high")
Gas stocks in focus: Adani Gas, GAIL, Petronet can see up to 15% upside
The likes of Adani Total Gas, GAIL India, Petronet LNG, Indraprastha Gas, Gujarat Gas can witness 6-15 per cent upside as per the daily and weekly chart patterns
 "Gas stocks in focus: Adani Gas, GAIL, Petronet can see up to 15% upside")
Oil India hits 31-month high; ONGC at 52-week high on gas price hike
Domestic natural gas prices have been hiked by 62% to $2.9/ mBtu for the October 2021 to March 2022 period
 "Oil India hits 31-month high; ONGC at 52-week high on gas price hike")
This stock zooms 17% as ace investor Ashish Kacholia picks stake
Faze Three Auto continues to trade on a firm note amid higher than average volume
 "This stock zooms 17% as ace investor Ashish Kacholia picks stake")
This SME pharma stock has zoomed 108% thus far in September
In past three months, Kwality Pharmaceuticals has zoomed 398 per cent, as compared to 12.8 per cent rise in the S&P BSE Sensex on the back of improved business outlook
Hold Nifty long with a stop at Tuesday's low, recommends Vinay Rajani
On the upside, the Nifty may face resistance in the range of 17,950-18,000, says the technical analyst from HDFC Securities
 "Hold Nifty long with a stop at Tuesday's low, recommends Vinay Rajani")
BPL, Gopala Polyplast, Continental Chem & 25 others zoom 150% in a month
Shares of consumer electronics company BPL were locked at the upper circuit limit for the 22nd straight trading session, up 5 per cent at Rs 108.75 on Tuesday, having rallied 203% in one month.
 "BPL, Gopala Polyplast, Continental Chem & 25 others zoom 150% in a month")
NTPC hits 52-week high on winning 1.9 GW solar projects under CPSU scheme
In the last one month, the stock has rallied 16 per cent, as against a 7 per cent rise in the S&P BSE Sensex.
 "NTPC hits 52-week high on winning 1.9 GW solar projects under CPSU scheme")
Paisalo Digital gains 5%, hits record high on signing pact with SBI
The company on September 27 signed a Service Level Agreement with SBI as National Corporate Business Correspondent for promoting financial inclusion by providing banking services through kiosks
 "Paisalo Digital gains 5%, hits record high on signing pact with SBI")
Hotel stocks on a roll; Indian Hotels, Chalet, EIH surge over 10%
Easing of travel related restrictions, coupled with pent-up vacation demand, seems to the driving force behind a sharp surge in hotel shares
 "Hotel stocks on a roll; Indian Hotels, Chalet, EIH surge over 10%")
KPR Mill rallies post stock split, gains 20% in 2 trading sessions
The stock quoted ex-split from Friday onwards, and in the last one month had rallied 42 per cent.
 "KPR Mill rallies post stock split, gains 20% in 2 trading sessions")
PVR, Inox hit 52-week high as theatres to reopen in Maharashtra from Oct 22
Inox Leisure soared 18 per cent to Rs 412.20, while PVR surged 10 per cent to Rs 1,662 on the BSE in intra-day trade on Monday
 "PVR, Inox hit 52-week high as theatres to reopen in Maharashtra from Oct 22")
Structural bull-run in Indian stock market remains intact: Chris Wood
A ripple effect from the likely fallout of China's Evergrande and a possible change in stance by RBI are the two key risks for the market rally, says the global head of equity strategy at Jefferies
 "Structural bull-run in Indian stock market remains intact: Chris Wood")
Bharti Airtel up 3%, hits new high ahead of ex-date for rights issue
The telecom services provider has fixed Tuesday, September 28, 2021 for the purpose of determining the shareholders who shall be eligible to receive the rights entitlement in the Issue.
 "Bharti Airtel up 3%, hits new high ahead of ex-date for rights issue")
IT stocks rally on Accenture's FY22 guidance; Infosys, Wipro at new highs
The Nifty IT index surged over 2 per cent in early trade on Friday as against a 0.48 per cent rise in the benchmark Nifty50 index
 "IT stocks rally on Accenture's FY22 guidance; Infosys, Wipro at new highs")
This Jhunjhunwala-owned hotel stock has rallied 32% so far in September
Indian Hotels shares have gained 25 per cent in the last four trading sessions
 "This Jhunjhunwala-owned hotel stock has rallied 32% so far in September")
Indiabulls Housing Finance jumps 4% on $165 mn FCCBs issue plan
On Tuesday, the company announced successful raising of Rs 807.83 crore by way of issuance of Non-Convertible Debentures
 "Indiabulls Housing Finance jumps 4% on $165 mn FCCBs issue plan")
