Page 13 - Buzzing Stocks
Sandur Manganese zooms 20% as board approves rights issue, capex plan
In the past three months, the stock of Sandur Manganese has zoomed 86 per cent as compared to 3 per cent decline in the S&P BSE Sensex. In the past one year, the counter has rallied 256 per cent
 "Sandur Manganese zooms 20% as board approves rights issue, capex plan")
Shares of this PSU defence company have zoomed nearly 100% thus far in 2022
Government of India aims to reduce the country's dependence on imports of defence equipment and have a more 'self -reliant' defence sector under the Aatmanirbhar Bharat initiative.
 "Shares of this PSU defence company have zoomed nearly 100% thus far in 2022")
Adani Group stocks extend rally on $2 billion investment by UAE's IHC
International Holding Company (IHC) has agreed to invest $2 billion in Adani Enterprises, Adani Transmission, and Adani Green Energy through preferential issue
 "Adani Group stocks extend rally on $2 billion investment by UAE's IHC")
Stocks to Watch: TCS, Veranda, Voda Idea, Exim Bank, Cadila, Banks, IT
TCS is likely to announce results after market hours on Monday. The IT stocks will be in focus with Infosys too to announce earnings later this week.
 "Stocks to Watch: TCS, Veranda, Voda Idea, Exim Bank, Cadila, Banks, IT")
ITC gains 4% to hit 52-week high; stocks surges 24% in 6 weeks
For Q4FY22, Motilal Oswal Financial Services expects ITC to post a 4 per cent growth in Cigarette business volumes with a 4.1 per cent/12.4 per cent YoY increase in sales/EBITDA
 "ITC gains 4% to hit 52-week high; stocks surges 24% in 6 weeks")
Bharat Dynamics zooms 29% in two days on heavy volumes; stock hits new high
The market price of BDL has surged 35 per cent in six trading days after exchanging MoU with UAE firm to explore new business opportunities.
 "Bharat Dynamics zooms 29% in two days on heavy volumes; stock hits new high")
Adani Green surges 9%, hits new high ahead of board meet for fund raising
The board of directors of the company is scheduled to meet today to consider and approve the proposal for raising of funds by way of a rights issue, preferential allotment, including a QIP.
 "Adani Green surges 9%, hits new high ahead of board meet for fund raising")
Rate sensitive shares trade mixed after RBI keeps repo rate unchanged at 4%
At 10:40 am; barring the Nifty PSU index which gained nearly a per cent, most of the other sectoral indices such as Nifty Bank, Financial Services, Auto and Realty were more or less unmoved.
 "Rate sensitive shares trade mixed after RBI keeps repo rate unchanged at 4%")
Bandhan Bank rebounds 7% from day's low after huge block deals
At 09:15 am; 50.14 million equity shares representing 3.11 per cent of total equity of Bandhan Bank changed hands on the BSE, the exchange data shows.
 "Bandhan Bank rebounds 7% from day's low after huge block deals")
Ruchi Soya gains 8% after listing of FPO shares; stock rises 17% in 2 days
Around 66.15 million equity shares, allotted in follow-on-public offering, started trading on the exchanges from today
 "Ruchi Soya gains 8% after listing of FPO shares; stock rises 17% in 2 days")
F&O Strategy: Nandish Shah recommends a Bull spread on FSL
The derivative analyst from HDFC Securities recommends buying FSL April 140 Call and simultaneously selling 150 Call.
 "F&O Strategy: Nandish Shah recommends a Bull spread on FSL")
Here's why Mehul Kothari recommends buying HDFC Bank, Sunteck
According to the technical analyst from Anand Rathi, HDFC Bank is trading near multiple support area, hence the probability of the stock resuming its uptrend is high.
 "Here's why Mehul Kothari recommends buying HDFC Bank, Sunteck")
Stocks to Watch: Banks, Asian Granito, M&M, Tata Steel, Telecom, SWRE
Rate sensitive related shares such as auto, banks, NBFCs and realty are likely to be in limelight owing to the RBI policy on Friday.
Hindustan Aeronautics scales new high on tie-up with Israel Aerospace
Under the pact, the company has partnered with IAI to convert civil (passenger) aircraft to multi mission tanker transport (MMTT) aircraft in India.
 "Hindustan Aeronautics scales new high on tie-up with Israel Aerospace")
YES Bank up 11%, hits 52-week as CARE Ratings upgrade outlook to 'positive'
The ratings agency upgraded the outlook to 'positive' on account of stable growth in deposits and advances
 "YES Bank up 11%, hits 52-week as CARE Ratings upgrade outlook to 'positive'")
Titan Company down 3% as Jewellery biz crawls in Q4 amid rising gold prices
The plain jewellery category bore the brunt of gold volatility in March 2022 leading to a slight decline for the quarter
 "Titan Company down 3% as Jewellery biz crawls in Q4 amid rising gold prices")
MTNL zooms 9% as govt defers merger with BSNL; stock up 26% so far in April
The merger of BSNL and MTNL, approved by the Union cabinet in October 2019, was a part of the revival package for both the telecom companies
 "MTNL zooms 9% as govt defers merger with BSNL; stock up 26% so far in April")
NTPC, PowerGrid hit life-time highs; soar up to 17% in the last five days
Significant rise in electricity consumption has pepped up the investors' interest at these counters.
 "NTPC, PowerGrid hit life-time highs; soar up to 17% in the last five days")
Uma Exports clocks robust debut, lists at 18% premium against issue price
Shares of Uma Exports listed at Rs 80 apiece on the BSE -- a 17.6 per cent premium against its issue price of Rs 68
 "Uma Exports clocks robust debut, lists at 18% premium against issue price")
IDFC to sell MF business to Bandhan-led consortium; stock tanks 7%
IDFC and IDFC Financial Holdings will sell their entire shareholding in IDFC AMC and IDFC AMC Trustee to a consortium led by Bandhan Financial Holding Limited for Rs 4,500 crore
 "IDFC to sell MF business to Bandhan-led consortium; stock tanks 7%")
