Page 22 - Buzzing Stocks
ONGC surges 5%, stock nears 52-week high as crude oil soars to a 14-yr high
Sustained higher crude oil prices and gas realisations can result in better profitability for ONGC.
 "ONGC surges 5%, stock nears 52-week high as crude oil soars to a 14-yr high")
Shakti Pumps hits 52-week low; plunges 20% in 1-month on growth concerns
The stock price of the company hit a 52-week low of Rs 473.50 and has almost halved or tanked 48 per cent from its 52-week high of Rs 910 touched on June 8, 2021.
 "Shakti Pumps hits 52-week low; plunges 20% in 1-month on growth concerns")
Vadilal Industries extends fall; slips 10% in 3 days after 58% rally in Feb
In the previous month, stock of the ice cream maker zoomed 58 per cent, as against 2 per cent decline in the S&P BSE Sensex
 "Vadilal Industries extends fall; slips 10% in 3 days after 58% rally in Feb")
ITC outperforms in weak market; stock gains 7% in last five days
In the past six months, the market price of ITC has gained 5.5 per cent, as compared to a 7 per cent decline in the Sensex.
 "ITC outperforms in weak market; stock gains 7% in last five days")
Sell-off toll! HDFC twins, HUL, Dr.Reddy's among Nifty50 stks at 52-wk lows
Apart from the 8 stocks among the Nifty50 index, a total of 26 stocks too dropped to their respective 52-week lows among the Nifty500 index.
 "Sell-off toll! HDFC twins, HUL, Dr.Reddy's among Nifty50 stks at 52-wk lows")
GNFC bucks trend, hits life-time high on gaining 3%; up 33% in one month
The stock hit a new high of Rs 604.40, and has rallied 80 per cent in the past six months, as compared to a 6.6 per cent decline on the Sensex.
 "GNFC bucks trend, hits life-time high on gaining 3%; up 33% in one month")
Asian Paints tanks 15% in 3 days, nears 52-week low on margin worries
The steep and unprecedented inflationary trend in raw material prices continued to impact the gross margins.
 "Asian Paints tanks 15% in 3 days, nears 52-week low on margin worries")
Mehul Kothari suggests buying Wipro, Hindustan Petroleum; Here's why
Mehul Kothari of Anand Rathi recommends accumulating Wipro as it nears 560-570-mark
 "Mehul Kothari suggests buying Wipro, Hindustan Petroleum; Here's why")
Nandish Shah recommends a Bull spread strategy on Chambal Fertilisers
The derivative analyst from HDFC Securities recommends buying CHAMBAL FERT March 400 CALL at Rs 13.50 & simultaneously selling 420 CALL at Rs 7.50.
 "Nandish Shah recommends a Bull spread strategy on Chambal Fertilisers")
Stocks to Watch: Voda Idea, Wockhardt, KEC Intl, Tata Motors, Pharma, PSBs
Pharma shares are likely to be in limelight as NPPA may allow up to 10 per cent hike on scheduled drugs in the month of April.
 "Stocks to Watch: Voda Idea, Wockhardt, KEC Intl, Tata Motors, Pharma, PSBs")
Voda Idea surges 7%; board to consider proposal to raise funds today
Vodafone and Aditya Birla Gourp intend to contribute towards an issue of equity shares by Vi once the terms of such a capital raise have been evaluated and decided on by the board of directors of Vi.
 "Voda Idea surges 7%; board to consider proposal to raise funds today")
Stock of this state-owned mining company has zoomed 120% in two months
At 12:26 pm; GMDC was trading 15 per cent higher at Rs 158, as compared to a 0.13 per cent decline in the S&P BSE Sensex.
 "Stock of this state-owned mining company has zoomed 120% in two months")
Adani Green soars 9% in two days after arm wins 150 MW solar power project
With this, AGEL now has a total renewable energy project portfolio of 20.434 MWac capacity, out of which 5.410 MWac projects are operational
 "Adani Green soars 9% in two days after arm wins 150 MW solar power project")
Input cost worries! ACC, Ambuja, UltraTech slip 3%; down heavily in a month
Apart from higher coal/petcoke prices, the recent increase in crude prices/ocean freight rates may further put pressure on operating costs for the cement industry.
 "Input cost worries! ACC, Ambuja, UltraTech slip 3%; down heavily in a month")
Coal India surges 32% in 4 days on improved outlook; stock nears 52-wk high
MOSL expects profitability to recover further in January-March quarter (Q4FY22) led by strong e-auction premiums, which breached the 100 per cent mark after 12 quarters in Jan-Feb.
 "Coal India surges 32% in 4 days on improved outlook; stock nears 52-wk high")
Sugar stocks sweeten market mood; Balrampur, Dhampur, Triveni gain up to 8%
Ethanol demand should grow at a 15 per cent CAGR over FY22-30E driven by the government's mandate of 20 per cent ethanol-blending in petrol, analysts say
 "Sugar stocks sweeten market mood; Balrampur, Dhampur, Triveni gain up to 8%")
Stocks to Watch: UPL, ITC, Restaurants, Multiplexes, FMCG, OMCs, Suzlon
Shares of multiplex restaurant owners are likely to be in focus on easing of Covid-19 related curbs in Maharashtra.
 "Stocks to Watch: UPL, ITC, Restaurants, Multiplexes, FMCG, OMCs, Suzlon")
Eveready falls 7% after Burman Family makes an open offer to buy 26% shares
The open offer has been priced at Rs 320 per share aggregating to a total consideration of up to Rs 605 crore.
 "Eveready falls 7% after Burman Family makes an open offer to buy 26% shares")
HDFC Bank dips 5%, nears 52-week low; stock down 10% in one week
The stock has underperformed post management change, more so due to the RBI's embargo on its card/ digital initiatives and Covid-induced disruption.
 "HDFC Bank dips 5%, nears 52-week low; stock down 10% in one week")
Nuvoco Vistas surges 30% in 3 days after promoter increases stake
On February 25, 2022, Niyogi Enterprise Private Limited, one of the promoters of Nuvoco Vistas, purchased 68,222 equity shares of the company via market purchase
 "Nuvoco Vistas surges 30% in 3 days after promoter increases stake")
