Page 21 - Buzzing Stocks

Coforge dips 6% after 10% equity changes hands on BSE

At 09:15 am; around 6.18 million equity shares representing 10.14 per cent of total equity of Coforge changed hands on the BSE, the exchange data shows.

Stocks to Watch: RIL, HUL, Dr.Reddy's, PNB Housing, Future Retail, Banks

Reliance Industries is likely to be in limelight as the company is looking to take advantage of the surging diesel demand in Europe in the backdrop of Russia-Ukraine conflict.

Bajaj Electricals dips 5% in a firm market on growth concerns

Demand in the consumer product segment slowed down in Q3FY22, largely due to weaker demand in rural markets

These two beaten-down Tata Group stocks freeze at 5% upper circuit

Nelco was locked in the upper circuit at Rs 637.10 and Tejas Networks was frozen at Rs 384.90 on the BSE.

Sun Pharma rallies 8% in 2 days on heavy volumes; stock nears 52-week high

Sun Pharma announced that its subsidiary Taro Pharmaceuticals USA Inc has completed the acquisition of subsidiary companies of Galderma

This UP-based sugar stock has zoomed 41% in 8 days; trades at record high

Dwarikesh Sugar hit a new high of Rs 113.70, on rallying 9% on Wednesday. The stock has surged 25% in the last one week, as compared to a 3% decline on the S&P BSE Sensex.

IndiGo, SpiceJet fly high up to 8% as govt lifts ban on overseas flights

The move is expected to boost international capacity and will help soften airfares, which have been soaring due to increased demand and rise in crude oil prices.

Stocks to Watch: MTNL, Sun Pharma, Airlines, Adani Ports, Bharat Forge

MTNL is in focus as the Centre is considering relaxing some norms that led to the failure in attracting bids for assets of BSNL and MTNL as they look to restart the auction for their non-core assets.

Ashok Leyland tanks 22% in 1 week on margin concerns; hits 15-month low

The company's raw material costs in Q3 rose to 77.9 per cent of sales, up 120 bps quarter-on-quarter

Bucking the trend! Nifty IT jumps 2% owing to weaker Re; TCS, Infosys shine

The IT services companies, who make most of their revenues servicing clients in US tend to benefit from a weaker rupee.

IGL surges 10% on reports of CNG price hike; MGL rises 8% in choppy market

Reports suggest IGL has announced a hike in prices of compressed natural gas (CNG) in the Delhi-NCR region

Sugar shares in demand; Dhampur, Dwarikesh hit all-time highs

With a favourable mix of ethanol towards B-heavy/juice (feedstock) coupled with higher sugar realisations; operating margins of sugar companies are expected to improve.

PowerGrid Corporation surges 5%, hits record high in a volatile market

Overall, transmission bidding is likely to gather pace from FY23, which bodes well for PowerGrid Corporation, said Edelweiss in its analyst note.

Natco Pharma gains 9% as firm launches generic version of Revlimid in US

In the past three months, Natco Pharma has outperformed the market by gaining 8 per cent, as compared to 8 per cent decline in the S&P BSE Sensex.

Stocks to Watch: Dish TV, Future Group, Dodla Dairy, Metro Brands, Natco

Shares of Future Group related companies may see some action as the company has called for shareholders and creditors meeting to get nod for the proposed Rs 24,713 crore deal with Reliance Retail.

Balkrishna Industries recovers 8% from day's low, up 3% in a weak market

The company announced commencement of commercial production from its brownfield expansion & debottlenecking project at the Bhuj plant.

BSE FMCG index nears 52-week low; Dabur, Godrej Consumer slips up to 9%

HUL hit a fresh 52-week low of Rs 1,942, down 4% in intra-day trade today. The stock has tanked 15% in the past two weeks.

JK Cement slips 9% on board nod for Rs 600 cr investments in paint venture

In the past one month, the stock price of JK Cement has tanked 28 per cent on concerns of earnings downgrade due to rising energy cost.

Inflation woes! Rate sensitive indices slump 5%; 18 stocks hit 52-week lows

Nifty Auto, Nifty Realty, Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Financial Services indices were down in the range of 4 per cent to 5 per cent on the NSE.

Indigo Paints tanks 11%, hits new low; trades near IPO price of Rs 1,490

In the past one month, the stock underperformed the market by falling 24 per cent, after Indigo Paints reported a disappointing set of numbers for Q3FY22 mainly in margin front.