Page 25 - Buzzing Stocks
TCS in focus ahead of ex-date for share buyback; down 3% from day's high
TCS on January 12, 2022 had approved to buyback up to 40 million equity shares of face value of Rs 1 each at Rs 4,500 per equity share for an aggregate amount of upto Rs 18,000 crore.
 "TCS in focus ahead of ex-date for share buyback; down 3% from day's high")
InterGlobe Aviation slips 4% after promoter Rakesh Gangwal steps down
While new investors should benefit from the potential future growth in the company's share price, a gradual reduction of my stake should also allow me to benefit from some of the upside, GangwaL said.
 "InterGlobe Aviation slips 4% after promoter Rakesh Gangwal steps down")
Ujjivan Financial, Small Finance Bank hit 52-week lows; tank up to 7%
Ujjivan Financial Services has corrected 60 per cent, while Ujjivan Small Finance Bank has slipped 55 per cent from their respective 52-week highs
 "Ujjivan Financial, Small Finance Bank hit 52-week lows; tank up to 7%")
Restaurant Brands hits new low post listing of shares issued to QIBs
A total of 108.40 million shares allotted to qualified institutional buyers started trading on the exchanges on Friday, February 18, 2022.
 "Restaurant Brands hits new low post listing of shares issued to QIBs")
Stocks to Watch: IndiGo, RIL, Hinduja Global, Federal Bank, Brightcom
Auto shares are likely to be in focus as car makers are looking to ramp up production by an average 18-20 per cent in the March quarter, as the shortage of semiconductor eases.
 "Stocks to Watch: IndiGo, RIL, Hinduja Global, Federal Bank, Brightcom")
G R Infraprojects hits all-time low; stock plunges 22% thus far in February
In Q3FY22, the company's consolidated profit after tax declined 65 per cent year-on-year to Rs 145 crore, due to lower operational income.
 "G R Infraprojects hits all-time low; stock plunges 22% thus far in February")
Eveready Ind hits over 3-month high; rallies 32% in 2 weeks post Q3 results
The company said the battery category will revert to its earlier level of profitability now that all adverse costs have been passed on
 "Eveready Ind hits over 3-month high; rallies 32% in 2 weeks post Q3 results")
TCPL Packaging surges 14%, hits 52-week high on healthy outlook
The acquisition of COPPL has strengthened TCPL's diverse portfolio with the foray into the high-potential rigid boxes space targeting the growing smartphone & electronics industry.
 "TCPL Packaging surges 14%, hits 52-week high on healthy outlook")
IVP skyrockets 70% in 6 days post Q3 results; hits over 3-year high
Shares of IVP hit 10 per cent upper circuit for a third straight day, touching their highest level since August 2018 on the BSE
 "IVP skyrockets 70% in 6 days post Q3 results; hits over 3-year high")
Stock of this building products company has zoomed 100% since December
Shares of Everest Industries hit an all-time high of Rs 748.90, rallying 14 per cent on the National Stock Exchange on Friday.
 "Stock of this building products company has zoomed 100% since December")
Ambuja Cements slips 4% on weak Q4 operational performance
The management said the December 2021 quarter was unfavorably impacted by very steep escalation in fuel prices coupled with subdued demand in multiple regions.
 "Ambuja Cements slips 4% on weak Q4 operational performance")
Stocks to Watch: RIL, Ambuja Cements, Torrent Power, Easy Trip, Banks
Banking shares may see some action after four banks hiked deposit rates in the last one week, an indication that the interest rate cycle has turned amid uptick in loan demand.
 "Stocks to Watch: RIL, Ambuja Cements, Torrent Power, Easy Trip, Banks")
Indigo Paints hits new low; falls 8% in one week post Q3 results
In line with the industry, Indigo Paints had also increased the product prices in the December quarter to mitigate the sharp escalation in the price of raw materials.
 "Indigo Paints hits new low; falls 8% in one week post Q3 results")
Advani Hotels surges 20% after RK Damani & family ups stake in the company
Radhakishan S Damani, Shrikantadevi R Damani and M/s Derive Investments (partners- Radhakishan S Damani and Gopikishan S Damani) have acquired 145,203 equity shares or 0.31% stake in Advani Hotels.
 "Advani Hotels surges 20% after RK Damani & family ups stake in the company")
Adani Group shares buzz in trade; Adani Green, Adani Power rally up to 8%
Adani Green Energy rallied 8% to hit a new high of Rs 2,094, and has surged 12% in the past three trading days
 "Adani Group shares buzz in trade; Adani Green, Adani Power rally up to 8%")
Nykaa hits new all-time low, slumps 9%; down 34% in a month
Since February 9, 2022, in the past seven trading sessions, the stock has dipped 27 per cent after the company reported a disappointing set of numbers.
 "Nykaa hits new all-time low, slumps 9%; down 34% in a month")
Shankara Building hits 52-week high; surges 42% in 2 weeks
On January 28, 2022, Crisil Ratings had reaffirmed its 'CRISIL BBB+/Stable/CRISIL A2' rating on the bank facilities and commercial paper
Hero Moto hits over 4-month high ahead of record date for interim dividend
The stock will turn ex-date for interim dividend of Rs 60 per share on Monday, February 21, 2022
 "Hero Moto hits over 4-month high ahead of record date for interim dividend")
Stocks to Watch: DRL, Mankind, Sun Pharma, Wipro, Kalpataru, TTML, Airlines
Ambuja Cement, Nestle India and Veritas to announce December quarter results today.
 "Stocks to Watch: DRL, Mankind, Sun Pharma, Wipro, Kalpataru, TTML, Airlines")
Firstsource Solutions hits over 9-month low; tanks 44% from 52-week high
In the past two weeks, the stock price of FSL has declined 19 per cent after the company lowered its FY22 revenue growth guidance.
 "Firstsource Solutions hits over 9-month low; tanks 44% from 52-week high")
