Page 34 - Buzzing Stocks

TCS hits all-time high, up 2%; market cap nears Rs 15-trillion mark

The current market cap of TCS stood around Rs 14.93 trillion on the BSE, as of 10:56 am, the exchange data showed.

NIIT hits highest level after 20 years; zooms 67% in 2 months

For Q2FY22, NIIT had reported a more-than-double or 101 per cent year on year (YoY) rise in its consolidated net profit at Rs 52.4 crore on the back of strong operational performance.

Adani Ent, Tata Comm, SBI Life, L&T and 24 other BSE500 stocks at new highs

Infosys, Tata Consultancy Services (TCS) and Tanla Platforms from the IT sector hit their respective new highs today.

Caution advised: ICICI Bank, TCS, L&T among 8 overbought stocks in Nifty 50

There are other stocks which may show breakout structure, but still possesses the risk of high volatility and momentum, that may shift in any situation.

Shares of this Jhunjhunwala-backed footwear firm soar 20% on strong Q3 nos

Metro Brands surged 20 per cent to hit a new high of Rs 608.20 on the BSE in Monday's intra-day trade, up 22 per cent from its issue price of Rs 500 per share.

Post Q3 results: Trading strategies for HCL Tech, HDFC Bank, Metro Brands

Traders and Investors need to be cautious about the shift in trend, whenever vital supports are violated, it is time to be watchful.

Hero MotoCorp rallies 5% on Rs 420 crore investment in Ather Energy

Hero MotoCorp is gearing up to unveil its first electric vehicle (EV) in March this year.

HCL Technologies tanks 7% on margin disappointment in December quarter

EBIT margins for services (IT services+ ER&D) were down 190 bps on a QoQ basis.

Vaishali Parekh of Prabhudas recommends buying Escorts, Tata Consumer

Tata Consumer seems to have bottomed out near Rs 700 level, and has gradually picked up momentum to improve the bias, says the technical analyst from Prabhudas Lilladher

Stocks to Watch: HDFC Bank, Brightcom, HFCL, Metro Brands, REC, Airlines

HDFC Bank and HCL Technologies are likely to react to Q3 numbers this morning. While the former reported 18 per cent YoY growth in net, the latter too beat Street expectations.

Aurobindo Pharma down 5% on USFDA warning letter for Hyderabad unit

The company believes that this will not impact the existing business from this facility.

India Cements gains 5%; hits highest level since January 2008

Analysts expect margins of cement companies to bottom out in Q3FY22, with likely recovery in demand and prices.

Motherson Sumi trades for ex-domestic wiring harness biz, stock falls 9%

MSSL has fixed January 17, 2022 as record date for determining shareholders for allocation of additional shares of DWH business in the entitlement ratio of 1:1.

Dilip Buildcon hits 52-week low, stock slumps 30% in 5 weeks

In the past three months, the stock has declined 43 per cent on weak executions in the July-September quarter (Q2FY22).

Stock of this smallcap state-owned mining firm has zoomed 44% in one week

In the past one week, the stock has zoomed 44 per cent, on expectation of improvement of company's performance, primarily due to the price hikes taken in the lignite division.

HDFC Bank Q3: Analysts see up to 17% YoY jump in profit; NIM may contract

Overall, analysts expect NIMs to be around 4.11-4.20 per cent. In Q3FY21, NIM was 4.2 per cent, and it was 4.10 per cent in Q2FY22.

Mindtree dips 6% on profit booking post December quarter results

As the key positives are already captured, brokerage firm Motilal Oswal Financial Services sees limited upside for the stock hereafter.

Stocks to Watch: Mindtree, HCL Tech, BPCL, Ujjivan SFB, HDFC Bk, Adani grp

HCL Technologies is scheduled to announce Q3 results on Friday, while HDFC Bank will report numbers on Saturday. Adani group stocks may be in focus on the back of MoU with POSCO.

Tata Motors, Tata Motors DVR recover 4% from intra-day lows

On Wednesday, after market hours, Tata Motors announced that its subsidiary, Jaguar Land Rover recorded a 37.6 per cent year on year (YoY) drop in retail sales to 80,126 units in Q3.

Pricol soars 13%, hits all-time high on healthy business prospects

Rating agency ICRA said that its reaffirmation in ratings takes into account Pricol's strong revenue and margin growth in FY2021 and H1 FY2022.