Page 4 - Buzzing Stocks
ITC gains 4% ahead of March quarter results on Wednesday
ITC is better-placed than peers with improving cigarette performance and strong earnings visibility, analysts.
 "ITC gains 4% ahead of March quarter results on Wednesday")
Aurobindo hits 2-year low; dips 11% in a week on USFDA's 6 observations
Analysts at ICICI Securities expect Aurobindo Pharma's adjusted PAT to de-grow 30.4 per cent year-on-year (YoY) to Rs 557.90 crore in the March 2022 quarter.
 "Aurobindo hits 2-year low; dips 11% in a week on USFDA's 6 observations")
Metal shares shine on demand revival hopes; Hindalco, Vedanta soar 7%
At 10:36 am; Nifty Metal index was the top gainer among sectoral indices, up 4.4 per cent, as compared to 1.3 per cent rise in the Nifty50 index.
 "Metal shares shine on demand revival hopes; Hindalco, Vedanta soar 7%")
LIC lists at 8.6% discount, stock recovers partially post weak debut
LIC has now become the fifth most valuable listed Indian company with a market capitalisation of Rs 5.72 trillion on the BSE as of 10:08 am, the exchange data shows.
 "LIC lists at 8.6% discount, stock recovers partially post weak debut")
Stocks to Watch: LIC, IndiGo, GSK Pharma, Max Health, PSUs, Bharat Forge
Stocks to Watch Today: At 7:30 am, the SGX Nifty futures were quoting at 15,890 levels, hinting at an opening gain of 40-50 odd points for the Nifty.
 "Stocks to Watch: LIC, IndiGo, GSK Pharma, Max Health, PSUs, Bharat Forge")
Vodafone Idea soars 15% on heavy volumes in sharpest intra-day gain of 2022
The debt-ridden telecom operator expects the government to complete conversion of around Rs 16,100 crore dues into 33 per cent stake in the company in the coming weeks, reported news agency PTI.
 "Vodafone Idea soars 15% on heavy volumes in sharpest intra-day gain of 2022")
Bandhan Bank surges 8% on improvement in asset quality in March quarter
Gross non-performing asset (NPA) and net NPA ratios declined 435 bps and 135 bps to 6.46 per cent and 3.01 per cent, respectively, on a quarter on quarter (QoQ) basis.
 "Bandhan Bank surges 8% on improvement in asset quality in March quarter")
Avenue Supermarts gains 8% post March quarter results
Though January 2022 started extremely well but the omicron wave reduced the momentum over middle of the month.
 "Avenue Supermarts gains 8% post March quarter results")
Ambuja, ACC gain up to 8% on Adani Group's buyout of Holcims's India biz
The Adani Group announced the acquisition of Swiss cement major Holcim's stake in all its Indian operating entities for $10.5 billion (around Rs 81,361 crore), including the open offers.
 "Ambuja, ACC gain up to 8% on Adani Group's buyout of Holcims's India biz")
Amber Enterprises tanks 18% on weak Q4 operational performance
In Q4, EBITDA margins declined by 240 bps to 6.5 per cent, due to delay in passing of higher raw material prices along with sharp increase in employee cost.
 "Amber Enterprises tanks 18% on weak Q4 operational performance")
Stocks to Watch: Adani Group, RIL, SBI, Dmart, Railtel, Bandhan Bank, PSBs
Stocks to Watch Today: Bharat Forge, Fino Payments Bank, MCX India, RateGain Travel, Raymond and VIP Industries are some of the notable companies scheduled to announce Q4 results on Monday.
 "Stocks to Watch: Adani Group, RIL, SBI, Dmart, Railtel, Bandhan Bank, PSBs")
Tata Motors: Investors cheer long-term growth outlook despite muted Q4
Driven by an all-round strong performance, we expect Tata Motors to become earnings' positive in FY23 with a net profit of Rs 7,068 crore, said analysts at Sharekhan
 "Tata Motors: Investors cheer long-term growth outlook despite muted Q4")
Poonawalla Fincorp surges 20% post March quarter results
In Q4, AUM grew 16.5 per cent year-on-year and 8.9 per cent quarter-on-quarter at Rs 16,579 crore.
Greaves Cotton zooms 11% as company's E-Mobility biz turns profitable in Q4
However, despite of today's rally the stock has underperformed the market by declining 28 per cent in the past one month as against a 8 per cent fall in the Sensex.
 "Greaves Cotton zooms 11% as company's E-Mobility biz turns profitable in Q4")
Tata Motors gains 10% amid narrowed Q4 net loss, strong demand outlook
The company guided for robust demand prospects (JLR order-book at 1.68 lakh units, up 13,000 units QoQ) coupled with healthy profitability going forward
 "Tata Motors gains 10% amid narrowed Q4 net loss, strong demand outlook")
HDFC AMC hits new 52-week low on MSCI exclusion; stock down 18% in a month
From India, MSCI has added 4 stocks - Adani Power, AU Small Finance Bank, Jindal Steel & Power and Tata Elxsi, whereas, deleted HDFC AMC.
 "HDFC AMC hits new 52-week low on MSCI exclusion; stock down 18% in a month")
Indus Towers hits 52-week low as stock turns ex date for interim dividend
The company has fixed Tuesday, May 17, 2022, as the 'record date' for the purpose of ascertaining the eligibility of shareholders for the payment of interim dividend of Rs 11 per share.
 "Indus Towers hits 52-week low as stock turns ex date for interim dividend")
Matrimony.com surges 14% as board approves share buyback via tender offer
The board has recommended a buyback of equity shares not exceeding Rs 75 crore at an indicative maximum buyback price not exceeding Rs 1,150 per equity share.
 "Matrimony.com surges 14% as board approves share buyback via tender offer")
Stocks to Watch: L&T, Tata Motors, Siemens, Apollo Tyres, HCC, HP Adhesives
Stocks to Watch Today: Bandhan Bank, BoB, Eicher Motors, Escorts, REC, SBI, Tech Mahindra and UCO Bank are likely to be in focus ahead of Q4 results; Delhivery and Venus Pipes IPOs close on Friday.
Options Trading: Vinay Rajani recommends buying Federal Bank Put
The technical analyst from HDFC Securities reommends buying Federal Bank 85 Put with a stop loss at Re 1.
 "Options Trading: Vinay Rajani recommends buying Federal Bank Put")
