Page 35 - Buzzing Stocks
HCL Tech Q3: Analysts see up to 6% QoQ growth in profit; margins may expand
The median forecast of seven brokerages pegs growth in HCL Tech's Q3 consolidated net profit at 3.4 per cent on a quarter-on-quarter (QoQ) basis, at around Rs 3,350-3,400 crore.
 "HCL Tech Q3: Analysts see up to 6% QoQ growth in profit; margins may expand")
Sun Pharma gains 4% on earnings optimism, stock scales a 5-year high
The better traction in the specialty segment and improvement in domestic business to drive the margin expansion in Q3.
 "Sun Pharma gains 4% on earnings optimism, stock scales a 5-year high")
Paytm shares down for eighth straight day; slide 51% against issue price
The company stood at 77th position in the overall market cap ranking, the BSE data showed.
 "Paytm shares down for eighth straight day; slide 51% against issue price")
Larsen & Toubro hits new all-time high on winning 2 mega offshore contracts
A consortium led by L&T Hydrocarbon Engineering has secured mega contracts for two offshore packages from a prestigious overseas client.
 "Larsen & Toubro hits new all-time high on winning 2 mega offshore contracts")
Wipro slips 5% as Q3 earnings fail to meet market expecatations
IT services EBIT margin declined 60 bps QoQ to 17.1 per cent vs. 17.7 per cent last quarter.
 "Wipro slips 5% as Q3 earnings fail to meet market expecatations")
Stocks to Watch: Infosys, TCS, Wipro, EaseMyTrip, Dixon, RITES, Voda Idea
The three IT majors - Infosys, TCS and Wipro shall react to the Q3 earnings reported on Wednesday after market hours this morning.
 "Stocks to Watch: Infosys, TCS, Wipro, EaseMyTrip, Dixon, RITES, Voda Idea")
DMart slips 8%, hits over 3-month low; down 12% in 3 days post Q3 results
The management indicated that it continues to monitor the current situation, wherein the trend in sales and footfall will depend on any local pandemic related restriction on trade activities.
 "DMart slips 8%, hits over 3-month low; down 12% in 3 days post Q3 results")
Goldiam International soars 16% on stock split plan; gains 350% in one year
The company said its board will meet on February 8 to consider the proposal for sub-division/split of company's equity shares of face value of Rs 10 each.
 "Goldiam International soars 16% on stock split plan; gains 350% in one year")
Vodafone Idea gains 14% on heavy volumes after crashing 21% a day before
On Tuesday, the stock of the telecom services provider had tanked 21 per cent to Rs 11.80 after the company said it agreed to convert interest on deferred statutory dues into equity.
 "Vodafone Idea gains 14% on heavy volumes after crashing 21% a day before")
Adani Green rallies to a new high, up 16% in 2 days on robust Q3 sales
The stock of the renewable energy arm of the diversified Adani Group quoted higher for the ninth straight trading session, and has gained 27 per cent during the same period.
 "Adani Green rallies to a new high, up 16% in 2 days on robust Q3 sales")
Steel Exchange India up 5% on FPI buying, stock price doubles in one month
On Tuesday, January 11, 2022, Societe Generale acquired 500,000 equity shares representing 0.57 per cent stake in SEIL at Rs 226.02 per share via bulk deal on the NSE.
 "Steel Exchange India up 5% on FPI buying, stock price doubles in one month")
DLF gains 4% on reporting sales worth Rs 1,500 cr from its new project
DLF said it has clocked sales worth approximately Rs 1500 crore for towers in the first phase of the newly launched luxury residential project, ONE Midtown in West Delhi
 "DLF gains 4% on reporting sales worth Rs 1,500 cr from its new project")
TTML hits 5% lower circuit as telco opts for equity conversion on govt dues
The average price of the company's shares as per the calculation method provided in the DoT Communication works out to be around Rs 41.50 per share, subject to final confirmation by the DoT.
 "TTML hits 5% lower circuit as telco opts for equity conversion on govt dues")
Stocks to Watch: Infosys, TCS, Wipro, HUL, SpiceJet, Delta Corp, telcos
The three IT majors are scheduled to report Q3 earnings on Wednesday.
 "Stocks to Watch: Infosys, TCS, Wipro, HUL, SpiceJet, Delta Corp, telcos")
TCS Q3 preview: Profit may rise 17% YoY; buyback quantum eyed, say analysts
The focus will be on comments on CY22 client budgets, demand trends, supply side pressures and margin outlook.
 "TCS Q3 preview: Profit may rise 17% YoY; buyback quantum eyed, say analysts")
Vodafone Idea, Paytm: Trading strategies for buzzing stocks of the day
Vodafone Idea continues to attract risky traders as medium-term outlook remains robust
 "Vodafone Idea, Paytm: Trading strategies for buzzing stocks of the day")
Policybazaar slips 4% to touch new low; stock falls 25% in last one month
In the past one month, the market price of PB Fintech dipped 25 per cent after the mandatory lock-in period for anchor investors expired on December 13, 2021.
 "Policybazaar slips 4% to touch new low; stock falls 25% in last one month")
AU Bank rallies 24% in 6 days on strong Q3 update; stock hits 10-week high
In the last six trading days, the market price of AU SFB has appreciated by 24 per cent.
 "AU Bank rallies 24% in 6 days on strong Q3 update; stock hits 10-week high")
Hinduja Global Solutions to consider share buyback, stock gains 5%
After having announced a 1:1 bonus issue, the company's board will now meet on January 14 to consider and explore potential mergers & acquisition opportunities, and quantum/ timings for share buyback.
 "Hinduja Global Solutions to consider share buyback, stock gains 5%")
JBM Auto freezes at upper limit, hits new high; stock up 123% in two months
The company has aquired 51% stake in JBM Green Energy Systems and JBM EV Industries through its subsidiary JBM Electric Vehicles.
 "JBM Auto freezes at upper limit, hits new high; stock up 123% in two months")
