Page 15 - Buzzing Stocks
Hindustan Aeronautics hits record high on highest-ever revenue in FY22
Recently, HAL bagged a contract for production of 15 Light Combat Helicopters (LCH), 10 for IAF and five for the Indian Army at a cost of Rs 3,887 crore.
 "Hindustan Aeronautics hits record high on highest-ever revenue in FY22")
Adani Total Gas hits new lifetime high; stock zooms 50% since March
The stock was up 16 per cent in past six trading sessions after the company announced its foray into electric mobility infrastructure sector.
 "Adani Total Gas hits new lifetime high; stock zooms 50% since March")
Merger deal may help HDFC, HDFC Bank hit record highs, 15% upside likely
Shares of HDFC Bank may hit the Rs 2,000-mark, while HDFC is likely to rally towards Rs 3,200.
 "Merger deal may help HDFC, HDFC Bank hit record highs, 15% upside likely")
SML Isuzu surges 18% on product price hikes; healthy March sales
The company has decided to increase prices of its products (across all models - trucks & buses) by 3-4 per cent, effective from today i.e. April 4, 2022.
 "SML Isuzu surges 18% on product price hikes; healthy March sales")
Vedant Fashions hits record high; stock surges 25% in one month
The stock has recovered 34 per cent from its 52-week low of Rs 793 hit on February 24, 2022.
 "Vedant Fashions hits record high; stock surges 25% in one month")
HDFC Bank, HDFC rally up to 10% as board approves merger
The share exchange ratio for the amalgamation of HDFC with and into HDFC Bank shall be 42 equity shares of face value of Re 1 each of HDFC Bank for every 25 equity shares of face value of Rs 2 of HDFC
 "HDFC Bank, HDFC rally up to 10% as board approves merger")
Stocks to Watch: DMart, IOC, SML Isuzu, Maruti, HAL, Fertilisers, IT shares
IT stocks are likely to be in focus ahead of the earnings season and likely benefit from the India-Australia trade deal.
 "Stocks to Watch: DMart, IOC, SML Isuzu, Maruti, HAL, Fertilisers, IT shares")
BSE Power index hits over 14-year high; Adani Power zooms 64% in 8 days
India's power consumption has grown steadily at 4.6% YoY in March to 126.12 billion units, showing the impact of early onset of summers and easing of lockdown restrictions by states.
 "BSE Power index hits over 14-year high; Adani Power zooms 64% in 8 days")
Gujarat Alkalies hits record high; stock zooms 51% in one month
The company announced partial commencement of caustic evaporation unit (CEU) by its joint venture company GACL-NALCO Alkalies & Chemicals.
 "Gujarat Alkalies hits record high; stock zooms 51% in one month")
India Glycols surges 16% in 3 days; to commission new unit by May 15
India Glycols informed that post successful installation of grain based distillery unit at Gorakhpur, trial runs are in progress and the same would be commissioned by May 15, 2022.
 "India Glycols surges 16% in 3 days; to commission new unit by May 15")
Adani Wilmar hits fresh lifetime high; stock zooms 30% in one week
The stock of Adani Group company has zoomed 136 per cent from its issue price of Rs 230 per share
 "Adani Wilmar hits fresh lifetime high; stock zooms 30% in one week")
Hero Moto skids 6% as I-T dept finds Rs 800 cr siphoned off funds
In the past six trading days, the stock has declined 11 per cent after media reported that the I-T department said Hero MotoCorp made over Rs 1,000 crore in bogus expenses
 "Hero Moto skids 6% as I-T dept finds Rs 800 cr siphoned off funds")
Stocks to Watch: Hero Moto, Vedanta, Lupin, Future Retail, ONGC, Tech M
The SGX Nifty futures were quoting at 17,431 levels at 7:30 am, hinting at a gap-down start of 100 points on the Nifty50.
 "Stocks to Watch: Hero Moto, Vedanta, Lupin, Future Retail, ONGC, Tech M")
F&O Strategy: Nandish Shah recommends a Bull Spread on Balrampur Chini
The derivative analyst from HDFC Securities recommends buying Balrampur Chini April 520 CALL and simultaneously selling 520 CALL.
 "F&O Strategy: Nandish Shah recommends a Bull Spread on Balrampur Chini")
ITC posts sharpest monthly rally since November 2020; surges 16% in March
In November 2020, ITC had rallied 17.2 per cent in a single month, while in June 2009, it had zoomed 31 per cent during the month
 "ITC posts sharpest monthly rally since November 2020; surges 16% in March")
This Rakesh Jhunjhunwala-owned stock has zoomed 19% on heavy volume
Till 02:09 pm; a combined 37.98 million equity shares representing 4 per cent of the total equity of Edelweiss Financial changed hands on the NSE and BSE.
 "This Rakesh Jhunjhunwala-owned stock has zoomed 19% on heavy volume")
Tejas Networks up 5% as co to acquire 64% stake in Saankhya Labs
The company has signed definitive agreement to acquire 64.4 per cent stake of Saankhya Labs Private Ltd for Rs 283.94 crore in cash
 "Tejas Networks up 5% as co to acquire 64% stake in Saankhya Labs")
Hindalco slips 8% in two days on profit booking; stock up 77% in one year
The management sees strong demand for aluminum from major segments like Beverage Can, Automotive Body Sheet, Specialties, and Aerospace.
 "Hindalco slips 8% in two days on profit booking; stock up 77% in one year")
Axis Bank can jump up to 7% post Citi deal; needs to hold 200-DMA
The current momentum, which is showing stability above 200-DMA could see a gradual rally towards Rs 800 to Rs 815 levels, its next hurdle zone.
 "Axis Bank can jump up to 7% post Citi deal; needs to hold 200-DMA")
Stock of this soft ferrites company has zoomed over 3500% in FY22
Cosmo Ferrites hit a new high of Rs 635, up 4% on the BSE on Thursday's. The stock has zoomed 3,529% in FY22 from a level of Rs 17.50 on March 31, 2021.
 "Stock of this soft ferrites company has zoomed over 3500% in FY22")
