Page 33 - Buzzing Stocks

SBI Cards hits 52-week low, stock down 26% from its 52-week high

The stock hit a 52-week low at Rs 858.45, quoting lower for the fourth straight day on the BSE.

Mastek tumbles 15% on muted numbers for the December quarter

Despite a 25% correction from its 52-week high level, Mastek has outperformed the market in the past one year by surging 147 per cent, as against a 20 per cent rise in the Sensex.

This Ashish Dhawan-owned stock has zoomed 50% in four days

Share of HSIL hit a new high of Rs 350.20, zooming 50 per cent in four days on the BSE after the company announced divesting its building products division for Rs 630 crore.

PTC India Financial slumps 19% on resignation of 3 independent directors

Three independent directors of the NBFC have resigned from the board with immediate effect citing instances of alleged serious lapses in corporate governance and compliance.

Ceat skids 7%, hits 52-week low on Q3 loss; tyre stocks on slippery ground

The management said the company is witnessing muted demand in the replacement segment due to tepid consumer sentiment, higher fuel prices and a softer uptick in India's rural markets.

Stocks to Watch: HUL, Bajaj Auto, Mastek, Ceat, OFSS, SBI, M&M, RBL Bank

Asian Paints, Bajaj Finserv, Bajaj Holdings, Biocon, Century Textiles, Havells India, Hindustan Unilever, Bank of Maharashtra, MphasiS, Persistent Systems and Shoppers Stop to announce results today.

Paytm slips 5% to hit new low; falls 26% in past three weeks

In the past three weeks, the stock price of Paytm has slipped 26 per cent, whereas it has declined 54 per cent against the issue price of Rs 2,150.

Adani Green zooms 50% in 14 trading days, market cap crosses Rs 3-trn mark

In the past seven trading sessions, the stock has rallied 36 per cent after the company announced a provisional operational update for Q3

Tata Elxsi rallies 13% to hit new high on strong Q3 results

The company reported ₨ 635.4 crores of revenue from operations for Q3FY22, a growth of 6.7 per cent from the previous quarter.

Triveni Engineering soars 6%, hits new high on healthy business outlook

The company's grain-based distillery of 60 KLPD is expected to commence its operations in Q4FY22, which is likely to strengthen its operational profile and improve revenue diversification.

TV18 Broadcast surges 12% on clocking highest-ever operating Ebitda in Q3

TV industry saw an all-time high advertising volumes in the third quarter driven by strong consumer demand, increased spending by existing brands for a higher share of voice.

Bajaj Finance gains 4%, hits record high on strong December quarter results

The NBFC reported a strong 85 per cent YoY jump in consolidated net profit at Rs 2,125 crore, beating Street estimates.

Stocks to Watch: Bajaj Auto, RIL, Just Dial, Bajaj Fin, Tata Motors, Telcos

Aptech, Bajaj Auto, Ceat, JSW Energy, L&T Infotech, Mastek, Oracle Financial Services, Rallis India, Saregama and Tata Communications to announce December quarter results on Wednesday

Stock of this smallcap IT company has zoomed 104% in past four weeks

Shares of Kellton Tech Solutions were locked in the 10 per cent upper circuit at Rs 113.30 on the BSE, which is also the stock's fresh 52-week high level.

UltraTech Cement dips 3% on weak operational performance in Q3

The company is hopeful that cost inflation has peaked out and, with demand picking up, all of this should bolster volume growth and lead to margin rebound Q4 onwards.

HSIL hits new high, zooms 24% in two days on building products biz spin-off

The cash proceeds of Rs 630 crore will be utilized towards the pre-payment of existing bank borrowings, which will further strengthen the HSIL balance sheet.

Tech Mahindra on slippery ground post acquisition of European IT firm CTC

The company announced acquisition of 100 per cent stake in Europe-based Com Tec Co IT (CTC) and 25 per cent stake in two insurtech platforms for a total of EUR 330 million (about Rs 2,800 crore).

Indraprastha Gas hits 52-week low, stock down 25% from its 52-week high

The Delhi government on Saturday notified a draft "aggregator's policy" under which ride aggregators and delivery services will have to mandatorily adopt EVs while procuring new fleet.

Prestige Estates surges 8%, hits life-time high on record Q3 sales

The company registered highest ever quarterly sales of Rs 4,267 crore, up 111 per cent year on year (YoY) during October-December quarter (Q3FY22).

Stocks to Watch: Tech Mahindra, HFCL, NTPC, Bajaj Finance, Just Dial, Sugar

Bajaj Finance, ICICI Prudential Life, Just Dial, Jyoti Structures, LT Technology Services and Tata Elxsi are scheduled to announce December quarter results today.