Page 19 - Buzzing Stocks
Stocks to Watch: RIL, Adani Group, Ruchi Soya, Maruti, SBI, JSPL, FMCG
Reliance Retail Ventures, a subsidiary of Reliance Industries, has bought 89 per cent stake in Purple Panda Fashions for Rs 950 crore.
 "Stocks to Watch: RIL, Adani Group, Ruchi Soya, Maruti, SBI, JSPL, FMCG")
Future Group stocks hit 52-week lows as FRL clarifies on RIL takeover
Future Retail on Wednesday said that it was committed to taking all actions necessary to seek value adjustments and reversal of takeover of stores by the Reliance group.
 "Future Group stocks hit 52-week lows as FRL clarifies on RIL takeover")
Bharat Dynamics hits new high; stock surges 34% in 8 straight sessions
The counter witnessed three-fold jump in volume with a combined 2.3 million equity shares changing hands on the NSE and BSE.
 "Bharat Dynamics hits new high; stock surges 34% in 8 straight sessions")
Trent surges 8%, hits record high on hopes of strong earnings
The stock has gained 19 per cent in the last one month after the company reported a strong set of numbers for the December quarter and the management showed optimism over the future growth.
 "Trent surges 8%, hits record high on hopes of strong earnings")
Rakesh Jhunjhunwala-owned Titan hits record high; zooms 30% in six months
Titan hit a record high of Rs 2,718.65, rallied 5 per cent on the BSE in Thursday's intra-day trade, surpassing its previous high of Rs 2,687.30 touched on January 7, 2022.
 "Rakesh Jhunjhunwala-owned Titan hits record high; zooms 30% in six months")
Voltas gains 4%; nears record high on JV with Hong Kong firm
Highly International and Voltas will hold 60% and 40% stake in the joint venture company, respectively, and the JVC would have equity capital of Rs 250 crore to be contributed in tranches.
 "Voltas gains 4%; nears record high on JV with Hong Kong firm")
Nxtdigital surges 17% as board approves merger of Hinduja Leyland Finance
The merger will enable the shareholders of NDL to participate in and bolster the growth plans of HLFL thereby creating value for shareholders, the company said.
 "Nxtdigital surges 17% as board approves merger of Hinduja Leyland Finance")
Stocks to Watch: SAIL, Adani Power, Tata Steel, Voltas, Oil India, BEML
Shares of Oil India will be in focus as the company has approved investment of Rs 6,555 crore in its subsidiary Numaligarh Refinery.
ITC rallies 12 per cent in two weeks; stock hits over 3-month high
The stock was up 2% at Rs 242 on the BSE in intra-day deal, its highest level since November 18, 2021
 "ITC rallies 12 per cent in two weeks; stock hits over 3-month high")
Hindustan Aeronautics gains 8% on report of signing pact with French firm
The company has reportedly signed MoU with French aerospace engine firm Safran to extend cooperation and explore opportunities for new helicopter engines in civil and military markets
 "Hindustan Aeronautics gains 8% on report of signing pact with French firm")
Cement shares in focus; Sagar Cements zooms 20%, UltraTech, Ambuja up 3%
Despite these ongoing cost related challenges, demand outlook is expected to stay healthy from long-term perspective
 "Cement shares in focus; Sagar Cements zooms 20%, UltraTech, Ambuja up 3%")
Major hurdles out! West Coast, Star, Andhra Paper may see up to 16% gains
Paper stocks have rallied over 20 per cent in the recent past on hopes of higher demand as schools, offices reopen for normal functioning; charts indicate more upside.
 "Major hurdles out! West Coast, Star, Andhra Paper may see up to 16% gains")
Zomato hits new life-time low on reports of merger talks with Blinkit
The board of Zomato also approved acquisition of 16.66 per cent equity in Mukunda Foods for a consideration of $5 million.
 "Zomato hits new life-time low on reports of merger talks with Blinkit")
Sandur Manganese zooms 54% in one month after strong Q3 results
The company reported a 486 per cent year-on-year (YoY) jump in profit after tax (PAT) at Rs 109 crore for the quarter ended December 2021.
 "Sandur Manganese zooms 54% in one month after strong Q3 results")
Eureka Forbes locked at the 5% lower circuit on BSE listing
The exchange said, the stock will be in trade-for-trade (T2T) segment for the first 10 trading days.
 "Eureka Forbes locked at the 5% lower circuit on BSE listing")
Here's why Vinay Rajani of HDFC Securities is bullish on GSFC, Sun Pharma
The technical analyst expects the Nifty to turn bearish below 16,555; whereas on the upside sees resistance around 16,927 and 17,040 levels.
 "Here's why Vinay Rajani of HDFC Securities is bullish on GSFC, Sun Pharma")
Ruchi Soya zooms 42% in two days on Rs 4,300 cr follow-on public offer plan
The company remains confident of the medium to long-term growth prospects in edible oils, processed food, palm plantations and other businesses of the company.
 "Ruchi Soya zooms 42% in two days on Rs 4,300 cr follow-on public offer plan")
Avantel freezes at 20% upper circuit on winning order worth Rs 126 crores
The stock of the telecom equipment company was trading close to its 52-week high level of Rs 949, touched on October 19, 2021.
Polyplex Corporation surges 10% on hopes of strong operational performance
The operation ramp-up at its BOPP facility and the commencement of additional capacities over the medium term will support the volume growth and is likely to ensure a healthy operating performance
 "Polyplex Corporation surges 10% on hopes of strong operational performance")
JK Paper rallies 29% in 1 week, hits new high on improved biz outlook
The re-opening of offices, educational institutions, and courts will lead to normalisation of paper demand.
 "JK Paper rallies 29% in 1 week, hits new high on improved biz outlook")
