Page 24 - Markets
TCPL Packaging surges 14%, hits 52-week high on healthy outlook
The acquisition of COPPL has strengthened TCPL's diverse portfolio with the foray into the high-potential rigid boxes space targeting the growing smartphone & electronics industry.
 "TCPL Packaging surges 14%, hits 52-week high on healthy outlook")
IVP skyrockets 70% in 6 days post Q3 results; hits over 3-year high
Shares of IVP hit 10 per cent upper circuit for a third straight day, touching their highest level since August 2018 on the BSE
 "IVP skyrockets 70% in 6 days post Q3 results; hits over 3-year high")
Stock of this building products company has zoomed 100% since December
Shares of Everest Industries hit an all-time high of Rs 748.90, rallying 14 per cent on the National Stock Exchange on Friday.
 "Stock of this building products company has zoomed 100% since December")
Global investors sour on Indian bonds as index inclusion stalls
The impasse has generated considerable uncertainty around when Indian bonds might be added to global indexes
 "Global investors sour on Indian bonds as index inclusion stalls")
Mehul Kothari of Anand Rathi is bullish on these 2 consumer durable stocks
Since the last couple of months, HAVELLS INDIA has corrected by almost 26 per cent from the top and is now hovering near 1200-mark
 "Mehul Kothari of Anand Rathi is bullish on these 2 consumer durable stocks")
Here is a derivative strategy on Marico by Nandish Shah of HDFC Securities
The stock price of Marico has broken out from the flag pattern on the daily chart
 "Here is a derivative strategy on Marico by Nandish Shah of HDFC Securities")
Sensex falls 105 pts amid mixed global cues; Adani Green gains 6%, HDFC 2%
HDFC (up 1.7 per cent), Reliance Industries (1.2 per cent), and Power Grid (0.56 per cent) were the top large-cap gainers today
 "Sensex falls 105 pts amid mixed global cues; Adani Green gains 6%, HDFC 2%")
Indigo Paints hits new low; falls 8% in one week post Q3 results
In line with the industry, Indigo Paints had also increased the product prices in the December quarter to mitigate the sharp escalation in the price of raw materials.
 "Indigo Paints hits new low; falls 8% in one week post Q3 results")
Hero Moto hits over 4-month high ahead of record date for interim dividend
The stock will turn ex-date for interim dividend of Rs 60 per share on Monday, February 21, 2022
 "Hero Moto hits over 4-month high ahead of record date for interim dividend")
Manappuram, Muthoot Finance: Growth concerns weigh on near-term outlook
Analysts have cut earnings growth forecast but see the stocks giving up to 34.4 per cent (Muthoot) and 58.7 per cent (Manappuram) returns on attractive valuation
 "Manappuram, Muthoot Finance: Growth concerns weigh on near-term outlook")
Sensex ends choppy day 145 pts down; Vedant Fashions up 9%, SBI falls 2%
Among individual stocks, Bharti Airtel, M&M, HDFC, Kotak Bank, Nestle India, and Dr Reddy's Labs were the only Sensex gainers today
 "Sensex ends choppy day 145 pts down; Vedant Fashions up 9%, SBI falls 2%")
Firstsource Solutions hits over 9-month low; tanks 44% from 52-week high
In the past two weeks, the stock price of FSL has declined 19 per cent after the company lowered its FY22 revenue growth guidance.
 "Firstsource Solutions hits over 9-month low; tanks 44% from 52-week high")
Vijay Kedia-owned stock hits 10% upper circuit on Rs 70-crore order win
Innovators Facade Systems has own order worth over Rs 70 crore from Lodha Group
 "Vijay Kedia-owned stock hits 10% upper circuit on Rs 70-crore order win")
Graphite electrode shares in focus; Graphite India, HEG gain up to 7%
In Q3FY22, Graphite India registered net sales of Rs 880 crore, up by 76 per cent year-on-year (YoY) and 27 per cent QoQ basis. The sales growth was driven by both higher volumes and realizations.
 "Graphite electrode shares in focus; Graphite India, HEG gain up to 7%")
Nykaa hits new low; stock slips 23% in seven days
On February 9, 2022, Nykaa had reported a weak set numbers, with a 58 per cent year-on-year (YoY) decline in its December quarter (Q3FY22) net profit at Rs 29 crore.
 "Nykaa hits new low; stock slips 23% in seven days")
Vedant Fashions makes good debut; lists at 8% premium over issue price
Vedant Fashions is among the top companies in the Indian wedding and celebration wear segment with the brand name Manyavar Mohey
 "Vedant Fashions makes good debut; lists at 8% premium over issue price")
A new frontier for regulators
While institutional investors still own roughly the same amount of equity that they did a few years ago, they are now far more vocal
BofA revises Nifty target from 19,100 to 17,000 citing rate hike risks
Note says market valuation shrinks if it is above long-term averages before the start of the hike cycle
 "BofA revises Nifty target from 19,100 to 17,000 citing rate hike risks")
Markets not fully pricing in rising crude oil price-led inflation: Analysts
In the past one month, the BSE Sensex and the NSE Nifty, shed over 6 per cent each, while crude oil prices soared to an eight-year high at almost $96 a barrel, up nearly 12 per cent.
 "Markets not fully pricing in rising crude oil price-led inflation: Analysts")
Zomato hits new record low, falls below issue price of Rs 76 intra-day
In the past three trading days, the stock of the food delivery company has declined 20 per cent after it reported disappointing set of numbers for December quarter
 "Zomato hits new record low, falls below issue price of Rs 76 intra-day")
