Page 23 - Buzzing Stocks

Vedanta climbs 4%, hits over 11-year high on soaring commodity prices

In the past one week, Vedanta has outperformed the market by gaining 12 per cent on higher commodity prices including crude oil and metals as tensions between Russia and Ukraine flared up

ONGC, Oil India surge 10%; gain up to 41% in 6 months on high oil prices

Earnings outlook for upstream PSUs has improved considerably given the recent rise in crude oil prices above $90/bbl mark and expectation of a further steep hike in domestic gas price over H1-H2FY23

Adani Group to acquire minority stake in Quint Digital arm; stock zooms 20%

Meanwhile, Bloomberg Media and Quintillion Media, part of Quint Digital Media, on Tuesday announced the restructuring their partnership in India

Stocks to Watch: HUL, Eveready, L&T Finance, Banks, Autos, Adani Group

Auto stocks are likely to react to the monthly sales reported over the last two days. Tata Motors and M&M sales reported strong sales.

Nifty Metal index surges 3% in subdued market; Hindalco hits record high

Russia produces about 6 per cent of the world's aluminium and accounts for about 7 per cent of global nickel mine supplies

BSE Smallcap index set to record its sharpest fall for Feb in 6 years

The Smallcap index has fallen 9.2 per cent, so far, this month, recording its sharpest fall since February 2016

Endurance Technologies falls 6%; stock nears 52-week low on weak Q3 results

The stock of the automotive components manufacturer has fallen 20 per cent in the past one month after the company reported a weak set of December quarter (Q3FY22) numbers.

Biocon arm plans to acquire Viatris' biosimilars assets; stock falls 8%

The companies will also enter into a transition services agreement. Viatris will provide certain transition services, including commercialization services for an expected 2-years

FMCG shares under pressure; Hindustan Unilever, Britannia hit 52-week lows

In the past six months, HUL and Britannia have underperformed the market by falling 20 per cent and 15 per cent, respectively, as against 1 per cent decline on the S&P BSE Sensex.

Bharti Airtel dips 3% on plans to buy 4.7% stake in Indus from Vodafone

The agreement in on the principal condition that the amount paid shall be inducted by Vodafone as fresh equity in VIL and simultaneously remitted to Indus Towers to clear VIL's outstanding dues.

Stocks to Watch: Aurobindo, Sun Pharma, Future Retail, Vedanta, Voda Idea

Shares of Adani Power are likely to be in focus as the company received a favourable verdict from the Supreme Court against power discoms in Rajasthan.

This Porinju Veliyath-owned smallcap stock has zoomed 55% in 5 weeks

Investor Porinju Veliyath held 145,000 shares or 1.01 per cent stake in Orient Bell at the end of December 2021 quarter

Fine Organic gains 9%, hits new high; stock zooms 83% in one year

Fine Organic Industries hit a record high of Rs 4,318.05, surging 9.5 per cent on the BSE in Friday's intra-day trade.

Ambuja Cements, Nuvoco Vistas gain up to 6% on heavy volumes; here's why

Shares of state-owned construction & engineering company NBCC (India), meanwhile, soared 13 per cent to Rs 39 on the BSE

Apollo Hospitals to enter Nifty50 index on March 31; stock surges 7%

Apollo Hospitals Enterprises will replace state-owned oil marketing company Indian Oil Corporation in the index

UPL gains 5% as Board to mull share buyback plan on March 2

In the past one week, the stock of UPL has corrected 13 per cent as compared to 6 per cent decline in the S&P BSE Sensex

Britannia slips 3%, nears 52-week low on input cost pressure concerns

In the past six months, the stock has declined 12 per cent, as compared to a 0.37 per cent decline on the S&P BSE Sensex.

Stocks to Watch: Gail, Apollo Hospitals, Cadila, IOC, UPL, Saregama, KSB

Apollo Hospitals is likely to be in limelight as the stock enters Nifty 50. It will be replacing IOC with effect from March 31.

S&P BSE IPO index plunges 6%; 31 stocks hit lowest levels since listing

In the past three months, the IPO index has tanked 31 per cent as against 5 per cent decline in the S&P BSE Sensex

OMCs under pressure as Brent tops $100-mark; BPCL, IGL hit 52-week lows

BPCL, HPCL, Indian Oil, Gujarat Gas, Petronet LNG, Indraprastha Gas and Mahanagar Gas are trading 2 per cent to 6 per cent lower on the BSE.