Page 69 - Buzzing Stocks
IRCTC now among 100 most valuable firms on BSE; zooms 97% from April low
With Rs 48,213 crore market capitalisation (market cap), IRCTC stood at 95th position in the overall market cap ranking on the BSE, the exchange data shows
 "IRCTC now among 100 most valuable firms on BSE; zooms 97% from April low")
Nuvoco Vistas hits new high, trades above issue price for first time
The stock was trading above its issue price of Rs 570 for the first time since listing
 "Nuvoco Vistas hits new high, trades above issue price for first time")
IndiaMART InterMESH rallies 22% in 7 days on F&O inclusion
Despite the current 7-day rally, the stock has underperformed the markets by gaining just 6 per cent in the past 6 months, compared to a 16 per cent surge by the S&P BSE Sensex
 "IndiaMART InterMESH rallies 22% in 7 days on F&O inclusion")
RIL stock can hit Rs 5,000 levels in the next one year, tech charts suggest
If the "stock price structure" and market participants continue to dominate like the ways it is currently indicating, the shares of Reliance Industries may double in the next one year easily
 "RIL stock can hit Rs 5,000 levels in the next one year, tech charts suggest")
RIL up 4%, hits new life-time high on stake buy in Strand Life Sciences
The company is likely to launch JioPhone Next smartphone this week, and has also acquired majority stake in Strand Life Sciences.
 "RIL up 4%, hits new life-time high on stake buy in Strand Life Sciences")
Stocks to watch: RIL, ICICI Lombard, PNB, DRL, Barbeque Nation, NTPC, HFCL
JSPL expects to conclude the deal to sell its 96.42 per cent stake in its arm Jindal Power for Rs 7,401 crore to a promoters-owned firm Worldone by this year end
 "Stocks to watch: RIL, ICICI Lombard, PNB, DRL, Barbeque Nation, NTPC, HFCL")
Reliance Industries hits record high of Rs 2,394; rallies 15% in one month
The stock hit a record high of Rs 2,374, up 3.5 per cent on the BSE in intra-day trade on Friday.
 "Reliance Industries hits record high of Rs 2,394; rallies 15% in one month")
Zomato hits new high of Rs 150, zooms 98% over issue price of Rs 76
A sharp rally in stock price helped Zomato surpass personal products companies like Godrej Consumer Products and Dabur India in overall market capitalisation ranking
 "Zomato hits new high of Rs 150, zooms 98% over issue price of Rs 76")
Faze Three locked at 20% upper circuit after large bulk deals
Around 1.05 million equity shares representing 4.3 per cent of equity changed hands in two bulk deals on the BSE, the exchange data shows.
 "Faze Three locked at 20% upper circuit after large bulk deals")
ICICI Pru Life market cap crosses Rs 1-trillion as stock hits new high
ICICI Pru became the third insurance company to cross Rs 1 trillion market cap after HDFC Life and SBI Life.
 "ICICI Pru Life market cap crosses Rs 1-trillion as stock hits new high")
ITC, Sun Pharma, Tata Steel: Strategies for FY22 Sensex winners and losers
Here are trading strategies for some of the best and worst stock performers in the S&P BSE Sensex pack thus far in fiscal 2021-22 (FY22)
 "ITC, Sun Pharma, Tata Steel: Strategies for FY22 Sensex winners and losers")
L&T Technology surges 9%, hits new high on strong earnings projections
The management has guided for $1.5 billion revenue and 18 per cent earnings before interest tax (Ebit) margins by FY25
 "L&T Technology surges 9%, hits new high on strong earnings projections")
S H Kelkar surges 13% on order win from global MNC player
SHK is the only Company of Indian origin to file patents in the field of Fragrance and Novel Aroma Molecules
 "S H Kelkar surges 13% on order win from global MNC player")
Exide Industries soars 14% on divestment of life insurance biz to HDFC Life
On the other hand, HDFC Life was down 4 per cent at Rs 728.55 on the BSE on profit booking
 "Exide Industries soars 14% on divestment of life insurance biz to HDFC Life")
Stocks to watch: HDFC Life, MT Educare, J&K Bank, Goodluck India, RIL
Education service provider, MT Educare has defaulted on repayment of interest and principal amount to its lenders, the company said in a communication to exchanges on September 2
 "Stocks to watch: HDFC Life, MT Educare, J&K Bank, Goodluck India, RIL")
These 5 Sensex stocks hit new highs; TCS, HUL soar 20% in one month
Eleven Sensex stocks, including RIL, Bharti Airtel, Titan Company, Bajaj Finance, Bajaj Finserv, HDFC Bank, HCL Technologies and Nestle India have gained more than 10 per cent in the last one month
 "These 5 Sensex stocks hit new highs; TCS, HUL soar 20% in one month")
Reliance Industries hits 11-month high; stock inches towards record high
The stock was up 1.3% at Rs 2,229, its highest level since October 2020
 "Reliance Industries hits 11-month high; stock inches towards record high")
Chemplast Sanmar rises for 6th day in row after weak debut, up 21% from low
On Wednesday, September 1, 2021, Chemplast Sanmar announced that it has redeemed the entire outstanding NCDs that were issued in December 2019 by the company
 "Chemplast Sanmar rises for 6th day in row after weak debut, up 21% from low")
HDFC Life rallies 5%, hits record high ahead of board meet for fund raising
The board will meet on Friday, September 3, 2021 to consider issue of equity shares and / or other securities of the Company by way of preferential allotment
 "HDFC Life rallies 5%, hits record high ahead of board meet for fund raising")
Shares of this defence company have zoomed 76% in 9 days
Zen Technologies was locked in the 20% upper cicuit at Rs 139.80 on the BSE on Thursday
 "Shares of this defence company have zoomed 76% in 9 days")
