Page 26 - Market Trends
Fino Payments Bank makes weak debut, lists at 6% discount to issue price
The stock opened at Rs 544.35, a 6% discount to its issue price of Rs 577 per share
 "Fino Payments Bank makes weak debut, lists at 6% discount to issue price")
Bharat Bijlee scales fresh 13-year high; zooms 45% in 2-weeks post Q2 nos
In Q2FY22, power systems segment posted PBIT of Rs 7.16 crore against loss of Rs 2.10 crore in Q2FY21.
 "Bharat Bijlee scales fresh 13-year high; zooms 45% in 2-weeks post Q2 nos")
Narayana Hrudayalaya surges 13%, stock at new high on Q2 turnaround
The company said Indian operations staged a decent recovery in the quarter gone by, after the significant impact was observed in Q1FY22.
 "Narayana Hrudayalaya surges 13%, stock at new high on Q2 turnaround")
HEG soars 13% on strong Q2 results; Graphite India rallies 9%
HEG said the company had undertaken an expansion project in past to increase the existing capacity from 80,000 tons to 100,000 tons and the same is going on in full swing
 "HEG soars 13% on strong Q2 results; Graphite India rallies 9%")
Nykaa lists at 79% premium to issue price; market cap crosses Rs 1 trillion
Post listing, shares of Nykaa touched a high of Rs 2,129, up 89 per cent versus the issue price of Rs 1,125
 "Nykaa lists at 79% premium to issue price; market cap crosses Rs 1 trillion")
Vinay Rajani expects Oberoi Realty, Manappuram Finance to resume uptrend
The technical analyst from HDFC Securities says that stock specific bullish moves will continue while Nifty consolidates in the 17,800 - 18,200 range
 "Vinay Rajani expects Oberoi Realty, Manappuram Finance to resume uptrend")
L&T hits new high on winning significant orders; stock up 11% in 6 days
The company's construction arm has secured significant orders (ranging between Rs 1,000 to Rs 2,500 crore) for its businesses in India.
 "L&T hits new high on winning significant orders; stock up 11% in 6 days")
Britannia, Aurobindo, Ujjivan SFB look weak on charts post Q2 results
Sobha Ltd, however, is expected to surge up to 14% indicates the daily chart.
 "Britannia, Aurobindo, Ujjivan SFB look weak on charts post Q2 results")
S H Kelkar and Co zooms 19% after 10% equity changes hands via block deals
At 09:15 am; around 14.12 million equity shares, representing 9.99 per cent of total equity of S H Kelkar and Company changed hands on the BSE, the exchange data shows.
 "S H Kelkar and Co zooms 19% after 10% equity changes hands via block deals")
Britannia Industries dips 5% on margin disappointment in Q2
The company said its operating margin contracted by 425 basis points (bps) to 14.09 per cent in Q2FY22 from 18.34 per cent in Q2FY21
 "Britannia Industries dips 5% on margin disappointment in Q2")
Muthoot Finance at new high on strong Q2 show; Manappuram also shines
The management of Muthoot Finance is optimistic about growing the company's gold loan book further and maintains 15 per cent growth guidance for FY22.
 "Muthoot Finance at new high on strong Q2 show; Manappuram also shines")
IndusInd Bank can fall 11% if its fails to hold support levels, charts show
The current chart pattern signals a weak trend and market participants are likely to stay on the sidelines to see whether the stock honours the respective support levels
 "IndusInd Bank can fall 11% if its fails to hold support levels, charts show")
The share price of this restaurant firm has zoomed 46% in just 6 days
Barbeque Nation Hospitality surged 9 per cent to hit a new high of Rs 1,782.55 on the BSE
 "The share price of this restaurant firm has zoomed 46% in just 6 days")
UltraTech Cement gains 4%, hits record high on strong demand outlook
The company is witnessing strong demand from various infrastructure constructions such as highway construction, railways, metro rail, irrigation projects, airports and urban housing market
 "UltraTech Cement gains 4%, hits record high on strong demand outlook")
IndusInd Bank slumps 10% despite clarification on loan evergreening issue
The bank's management said that report of lapses in governance and accounting norms to allegedly 'evergreen' loans running was "inaccurate and baseless"
 "IndusInd Bank slumps 10% despite clarification on loan evergreening issue")
Sobha soars 11% on fund raising plan; stock has zoomed 226% in one year
The board is scheduled to meet on Monday, November 8, 2021 to consider and approve the proposal of issue of unlisted secured redeemable non-convertible debentures on a private placement basis
 "Sobha soars 11% on fund raising plan; stock has zoomed 226% in one year")
Larsen & Toubro gains 4%, hits record high on hopes of strong order inflows
L&T's order inflow is expected to be good in October-March period (H2FY22) given the expected high activity in tendering in and awarding
 "Larsen & Toubro gains 4%, hits record high on hopes of strong order inflows")
SBI trades higher for 4th straight day, hits new high ahead of Q2 results
SBI appears well-positioned to report a strong uptick in earnings, led by moderation in credit costs, as the bank has strengthened its balance sheet and increased its PCR
 "SBI trades higher for 4th straight day, hits new high ahead of Q2 results")
Trent rallies 9% on strong September quarter results
The company said the recovery in revenue coupled with various cost mitigation measures, including with respect to property related pay-outs led to improved operating profitability
 "Trent rallies 9% on strong September quarter results")
Here's why Ajit Mishra is positive on Bharat Forge, Airtel and Ramco Cement
The technical analyst from Religare Broking recommends to buy and accumulate these stocks in the given range
