Page 14 - Buzzing Stocks
Zee Ent slips over 3% on Invesco block deal buzz; stock recoups soon
The counter saw trades of around 124 million shares in the first couple of minutes of trade
 "Zee Ent slips over 3% on Invesco block deal buzz; stock recoups soon")
HDFC Bank, HDFC down for 2nd day in a row; dip up to 11% from Monday's high
Shares of HDFC Bank and HDFC have fallen 6 per cent in the past two trading days
 "HDFC Bank, HDFC down for 2nd day in a row; dip up to 11% from Monday's high")
Hindustan Oil tanks 16% on delay in commencement of B-80 project
The company said there has been a delay in the commencement of production from the field due to operational issues.
 "Hindustan Oil tanks 16% on delay in commencement of B-80 project")
Sugar stocks sweeten; Dwarikesh, Dalmia Bharat, Triveni surge up to 10%
Magadh Sugar & Energy, Rana Sugar, Uttam Sugar Mills, KM Sugar, Andhra Sugar, Mawana Sugar and Shree Renuka Sugar surged 10 per cent to 15 per cent on the BSE.
 "Sugar stocks sweeten; Dwarikesh, Dalmia Bharat, Triveni surge up to 10%")
Ruchi Soya tanks 19% as board okays FPO allotment; down 28% in one week
Ruchi Soya on Tuesday said that board has approved the allotment of 66.15 equity shares of face value of Rs 2 each, for an amount aggregating to Rs 4,300 crore, pursuant to the FPO issue.
 "Ruchi Soya tanks 19% as board okays FPO allotment; down 28% in one week")
Tata Power surges 21% in 4 days on heavy volume; stock hits record high
The stock hit a record high of Rs 287.90, up 5 per cent in the intra-day trades so far on the BSE
 "Tata Power surges 21% in 4 days on heavy volume; stock hits record high")
Vodafone Idea rises 7% on heavy volumes; gains 14% in last four days
The board of directors of the company on March 31, 2022 had approved the allotment of 3,383 million equity shares at Rs 13.30 per scrip to three promoters group entities for about Rs 4,500 crore.
 "Vodafone Idea rises 7% on heavy volumes; gains 14% in last four days")
Adani Group stocks hit fresh record highs on fund raising plan
The boards of directors of Adani Enterprises, Adani Transmission and Adani Green are scheduled to meet on Friday, April 8, 2022 to consider the proposal for raising of funds.
 "Adani Group stocks hit fresh record highs on fund raising plan")
Mangalore Chemical, Kaveri Seeds are the top trading ideas of Vinay Rajani
The technical analyst from HDFC Securities expects the Nifty to find support in the range of 17,703 to 17,791.
 "Mangalore Chemical, Kaveri Seeds are the top trading ideas of Vinay Rajani")
Stocks to Watch: Adani Group, JSW Steel, JSPL, IndiGo, SpiceJet, Textiles
Steel stocks are likely to be in limelight following reports of price hike in April.
 "Stocks to Watch: Adani Group, JSW Steel, JSPL, IndiGo, SpiceJet, Textiles")
Policy support, volume growth: What's lifting the spirits of liquor stocks?
The change in duty structure and new tax policy of FY23 is expected to bring a much awaited relief for alcohol beverage industry. However, analysts believe barley price rise to act as a spoilsport.
 "Policy support, volume growth: What's lifting the spirits of liquor stocks?")
Adani Group shares at lifetime highs; Adani Power zooms 92% in one month
Adani Wilmar has surged 61% in the last one month; Adani Total Gas and Adani Enterprises rallied 35 per cent and 33 per cent, respectively.
TCS gains 2% to hit 10-week high; stock nears all-time high
The company is scheduled to meet on Monday, April 11, 2022 to consider financial results for the quarter and full year ending March 31, 2022.
 "TCS gains 2% to hit 10-week high; stock nears all-time high")
Zomato falls 5% on reports of CCI probe against unfair business practices
In the past three months, Zomato has underperformed the market by falling nearly 40 per cent, as compared to a 0.4 per cent rise on the S&P BSE Sensex.
 "Zomato falls 5% on reports of CCI probe against unfair business practices")
Easy Trip Planners hits record high on heavy vols; stock up 20% in 2 days
The management asserts that strong demand uptick will bolster the travel industry.
 "Easy Trip Planners hits record high on heavy vols; stock up 20% in 2 days")
Tata Motors extends gain on healthy volumes in March
With government's thrust on infrastructure, private capex cycle revival and need for personal mobility, analysts expect PV and CV space, in particular, to witness healthy pick-up in sales volume
 "Tata Motors extends gain on healthy volumes in March")
SBI Cards dips 5% as over 3% equity change hands via block deals on NSE
Around 31.9 million equity shares representing 3.37 per cent equity of SBI Cards changed hands on the NSE in the first 10 minutes of trade, NSE data shows.
 "SBI Cards dips 5% as over 3% equity change hands via block deals on NSE")
Here's why Mehul Kothari recommends buying L&T Infotech, Symphony
According to the technical analyst from Anand Rathi, Symphony may give decent gains in the coming 3 to 4 weeks.
 "Here's why Mehul Kothari recommends buying L&T Infotech, Symphony")
Stocks to Watch: Zomato, Vedanta, SBI Cards, Vodafone, RIL, MOIL, BEML
Reliance will be eyed as it has received NCLT's approval for scheme of amalgamation of the company and Reliance Syngas.
 "Stocks to Watch: Zomato, Vedanta, SBI Cards, Vodafone, RIL, MOIL, BEML")
Indo Count soars 10% on completing acquisition of home textile biz of GHCL
The acquisition would potential see addition of around Rs 1,300 - 1,500 crore per annum to the topline of the Company at peak capacity.
 "Indo Count soars 10% on completing acquisition of home textile biz of GHCL")
