Page 37 - Buzzing Stocks
Kitex Garments surges 23% in three days on strong revenue growth in Q3
Kitex Garments reported a strong 69 per cent year on year growth in total revenues at Rs 205 crore in October-December quarter.
 "Kitex Garments surges 23% in three days on strong revenue growth in Q3")
IT index slips 4% in 2 days on profit booking following a strong 10% rally
The October-December (Q3) quarter is expected to be another strong quarter for IT companies after strong performance witnessed in Q2FY22.
 "IT index slips 4% in 2 days on profit booking following a strong 10% rally")
Panama Petrochem surges 25% in two days as Ramesh Damani buys 1% stake
In the past two trading days, the stock of the refineries/petro products company has surged 25 per cent, after investor Ramesh Damani bought over 1 per cent stake in the company.
 "Panama Petrochem surges 25% in two days as Ramesh Damani buys 1% stake")
Sugar shares extend rally; Balrampur, Dwarikesh rally up to 27% in one week
The sugar industry is going through a transformation from being a cyclical industry to structural growth sector by increasing distillery capacities over the next three years, analysts say.
 "Sugar shares extend rally; Balrampur, Dwarikesh rally up to 27% in one week")
Rama Steel hits 5% upper limit, stock up 89% in 13 days on improved outlook
On December 20, Brickwork Ratings [BWR) had upgraded the long-term rating to BWR BBB with a Stable outlook and short-term rating to BWR A3+ for the bank loan facilities of RSTL
 "Rama Steel hits 5% upper limit, stock up 89% in 13 days on improved outlook")
Stocks to Watch: RateGain, Airtel, CIL, RBL Bank, Dilip Buildcon, Jet Air
Stocks of a dozen firms that debuted recently may come under pressure as the mandatory one-month lock-in period for anchor investors ends
 "Stocks to Watch: RateGain, Airtel, CIL, RBL Bank, Dilip Buildcon, Jet Air")
Tata Communications surges nearly 9%; hits record high
IIFL Securities has initiated coverage on Tata Communications with a target price of Rs 1,568 (SoTP based) and an ADD rating.
 "Tata Communications surges nearly 9%; hits record high")
Bajaj Finance gains 4% on strong sequential AUM growth in December quarter
In Q3FY22, Bajaj Finance's assets under management (AUM) grew 8.6 per cent quarter on quarter (QoQ) to Rs 1.81 trillion.
 "Bajaj Finance gains 4% on strong sequential AUM growth in December quarter")
Greaves Cotton surges 24% in three days on strong December sales of EV arm
Greaves Cotton's e-mobility arm Greaves Electric Mobility on Sunday said it sold over 10,000 units in December 2021.
 "Greaves Cotton surges 24% in three days on strong December sales of EV arm")
Talbros Automotive soars 27% in 2 days as Vijay Kedia increases stake
Vijay Kedia acquired 2.27 per cent stake, while Sanjay Dugar bought 1.09 per cent stake in Talbros Automotive in the December quarter
AU Small Finance Bank rallies 8% on post Q3 business update
The private sector lender reported a sequential growth of 10.6 per cent and 26.5 per cent YoY in total assets under management to Rs 42,027 crore in December quarter
 "AU Small Finance Bank rallies 8% on post Q3 business update")
Thermax surges 7% on winning Rs 546 crore order to set-up two FGD systems
The company has sealed an order of Rs 545.6 crore from an Indian power public sector company to set up FGD systems for their two units of 500 MW capacity each in the state of Uttar Pradesh.
 "Thermax surges 7% on winning Rs 546 crore order to set-up two FGD systems")
Stocks to Watch: RIL, Airtel, HUL, SBI, DB Realty, pharma, steel, textiles
Reliance Jio plans its biggest ever rupee bond sale, while Bharti Airtel shelves its plans to de-merge its core telecom business
 "Stocks to Watch: RIL, Airtel, HUL, SBI, DB Realty, pharma, steel, textiles")
HP Adhesives freezes at 5% upper circuit for sixth day after strong debut
With today's gain, the stock has advanced 64 per cent higher over the issue price on the BSE.
Bulls in-charge: Over 50% stocks from Nifty500 trade above major support
Stocks like Asian Paints, Astral, Balrampur Chini, Birlasoft, Carborundum Universal, eClerx, Infosys, Max Healthcare, Tube Investments and Torrent Pharma and others are trading at life-time highs
 "Bulls in-charge: Over 50% stocks from Nifty500 trade above major support")
Marico dips 3% in firm market after December quarter business update
The personal products maker said that its revenue growth was in double digits in the October-December quarter (Q3), but its volume growth is expected to be flat.
 "Marico dips 3% in firm market after December quarter business update")
Share pice of this footwear company has more-than-doubled in just 2 months
Mirza Internataional hit a 4-year high on soaring 20 per cent in intra-day trades on the BSE after the company said one of its promoters bought 100,000 equity shares via open market recently.
 "Share pice of this footwear company has more-than-doubled in just 2 months")
Sugar stocks rally on strong outlook; Triveni, Balrampur hit new highs
According to CRISIL, sugar mills are expected to see both revenue and profitability improve in the 2022 season (SS 2022; October 2021 to September 2022).
 "Sugar stocks rally on strong outlook; Triveni, Balrampur hit new highs")
These 2 Tata Group stocks have zoomed over 2,400 per cent in one year
Telecom services provider Tata Teleservices (Maharashtra) zoomed 2,778%, while auto components maker Automotive Stampings & Assembles has surged 2,476% in the past one year.
 "These 2 Tata Group stocks have zoomed over 2,400 per cent in one year")
Hinduja Global Solutions surges 19%, hits record high on bonus issue plan
The company announced that its board will meet on Thursday, January 06, 2022 to consider proposals for bonus issue of equity shares and interim dividend
 "Hinduja Global Solutions surges 19%, hits record high on bonus issue plan")
