Page 58 - Buzzing Stocks
D-Mart rallies 11%, hits new high on healthy operational performance in Q2
ICICI Securities said it continue to remain structurally positive on the stock, however it believes recent appreciation of the stock price factors in most positives.
 "D-Mart rallies 11%, hits new high on healthy operational performance in Q2")
Stocks to Watch: HDFC Bank, HCL Tech, L&T Infotech, RIL, Tata Coffee
Stocks of HDFC Bank, HCL Technologies are likely to react to their earnings this morning, while L&T Infotech, UltraTech Cement and Tata Coffee among others to remain in focus ahead of results today
 "Stocks to Watch: HDFC Bank, HCL Tech, L&T Infotech, RIL, Tata Coffee")
Time to buy HDFC AMC, Bajaj Electricals, says Vaishali Parekh
Both the stocks seem to have bottomed out after a decent correction and now indicate a trend reversal on the charts, says the technical analyst from Prabhudas Lilladher
 "Time to buy HDFC AMC, Bajaj Electricals, says Vaishali Parekh")
IRCTC hits new high, zooms 141% since August on announcing stock split plan
IRCTC has fixed October 29, 2021, as the record date, to ascertain the name of shareholders entitled for subdivision/split of equity shares from Rs 10 to Rs 2
 "IRCTC hits new high, zooms 141% since August on announcing stock split plan")
This Radhakishan Damani-owned stock hits over 13-yr high on robust outlook
India Cements rallied 11 per cent to Rs 221.80 on the BSE today, trading at its highest level since February 2008
 "This Radhakishan Damani-owned stock hits over 13-yr high on robust outlook")
ITC nears two-year high, up 11% in four days; can hit Rs 300, charts say
Analysts believe ITC's cigarettes business will fully recover amid aggressive vaccination drive and reduction in Covid-19 cases
 "ITC nears two-year high, up 11% in four days; can hit Rs 300, charts say")
Charts indicate more gains for Wipro, Mindtree; Infosys, TCS appear weak
Wipro and MindTree logged new life-time highs in trade on Thursday and can see further upside of up to 11 per cent
 "Charts indicate more gains for Wipro, Mindtree; Infosys, TCS appear weak")
Mindtree surges 12%, hits new high on strong September quarter earnings
The brokerage firm ICICI Securities is of the opinion that all positives seem to be largely priced in at the CMP for Mindtree and hence the stock may see limited upside from here on
 "Mindtree surges 12%, hits new high on strong September quarter earnings")
Infosys gains 4% on strong Q2 performance, raising FY22 revenue guidance
Infosys raised its revenue growth guidance for FY22 to 16.5-17.5 per cent in constant currency (CC) terms, from 14-16 per cent earlier; stock came within striking distance of its life-time high
 "Infosys gains 4% on strong Q2 performance, raising FY22 revenue guidance")
Wipro hits new high, rallies 8% on strong revenue growth in Sept quarter
Motilal Oswal maintains a 'Neutral' stance on the stock and awaits further evidence of execution of Wipro's refreshed strategy, & successful turnaround from its growth struggles over the last decade
 "Wipro hits new high, rallies 8% on strong revenue growth in Sept quarter")
Damani's DMart surges 18%, hits fresh record high; stock up 33% in a week
Shares of Avenue Supermarts crossed the Rs 5,000 mark for the first time
Stocks to Watch: Infosys, Wipro, HCL Tech, Dish Tv, HDFC Bank, Zee
IT stocks will be in focus this morning, as market participants react to Infosys, Wipro and MindTree numbers. Thereafter, the focus will shift to HCL Technologies earnings
 "Stocks to Watch: Infosys, Wipro, HCL Tech, Dish Tv, HDFC Bank, Zee")
Sun Pharma hits over 5-yr high on hopes of robust revenue growth in Q2
Motilal Oswal Securities remains positive on Sun Pharma due to investments in the global Specialty portfolio improving overall profitability
 "Sun Pharma hits over 5-yr high on hopes of robust revenue growth in Q2")
Tata Group stocks on a roll, rally up to 20%; here's why
Shares of Tata Motors DVR were locked at the 20 per cent upper circuit, while Tata Motors too surged nearly 20 per cent in intra-day trade on the BSE today
 "Tata Group stocks on a roll, rally up to 20%; here's why")
This iron & steel products stock has zoomed 50% thus far in October
On October 8, 2021, Maharashtra Seamless had announced that the company has successfully bagged an order worth Rs 237 crore from ONGC for supply of seamless casings pipes
 "This iron & steel products stock has zoomed 50% thus far in October")
Centrum soars 19% as RBI grants SFB license to consortium with BharatPe
The RBI has issued a Small Finance Bank license to the Centrum Group-BharatPe consortium; new SFB has been incorporated as 'Unity Small Finance Bank'
 "Centrum soars 19% as RBI grants SFB license to consortium with BharatPe")
Tata Motors surges 15% as TPG Rise to invest Rs 7,500 crore in EV arm
TPG Rise Climate along with its co-investor ADQ, shall invest in a subsidiary of Tata Motors that will be newly incorporated.
 "Tata Motors surges 15% as TPG Rise to invest Rs 7,500 crore in EV arm")
Stocks to Watch: Infosys, Wipro, MindTree, RIL, Tata Motors, PFC, airlines
Infosys, Wipro and MindTree on investors' radar ahead of the September earnings. Airline stocks also likely to be in limelight as aviation ministry allows 100 per cent occupancy for domestic flights
Consumer discretionary stocks shine in a weak mkt; Titan hits record high
Analysts expect discretionary players like D-mart, Titan, and Jubilant FoodWorks to record a stronger recovery in Q2FY22, led by faster unlocking and pent-up demand post the second wave
 "Consumer discretionary stocks shine in a weak mkt; Titan hits record high")
Tata Power jumps 4%, hits new high as solar arm wins multiple orders
Tata Power Solar received EPC orders worth Rs 538 crore from Energy Efficiency Services Limited (EESL) to set up multiple distributed ground mounted solar projects totalling 100 MW
 "Tata Power jumps 4%, hits new high as solar arm wins multiple orders")
