Page 36 - Deepak Korgaonkar

Maruti Suzuki rallies 12% in 3 days in weak market on healthy outlook

The personal income tax relief announced in Budget 2025 is expected to increase disposable income, thereby providing a big booster for the auto space

Household appliances shares rally on higher demand hopes; Blue Star up 15%

The Union Budget 2025-26 has exempted annual income up to Rs 12 lakh from income tax, boosting consumer spending and adding focus on urban consumption.

Capital goods index tanks 6% on capex disappointment in Union Budget 2025

RVNL, Bharat Dynamics, Hitachi Energy India, Siemens, ABB India, Titagarh Rail Systems, CG Power and Industrial Solutions, Bharat Electronics and L&T down in the range of 5 per cent to 10 per cent.

Ami Organics extends rally on strong Q3 results; stock zooms 30% in 4 days

The management believes, that on account of ramp-up of existing products, Fermion contract, and potential commercialisation of another CDMO contract in FY26E, Ami has strong revenue visibility.

Railway stocks: Titagarh Wagons, RVNL, others gain up to 7% ahead of Budget

Jupiter Wagons, Titagarh Wagons, BEML, RITES, Rail Vikas Nigam, IRCON International, IRFC, Texmaco Rail, RateGain Travel and RailTel Corporation are up in the range of 3% to 7% in intraday trade.

ITC gains 3% ahead of Budget 2025 on heavy volumes; sin tax in focus

Nuvama Institutional Equities reckons a low probability of a sharp hike in cigarette tax in the upcoming budget (1 Feb-25) given a small tax hike was taken last year.

ITC Hotels trades weak in firm market; stock down 15% from listing day high

Buoyed by the government's policy interventions for the hospitality sector and a flourishing domestic tourism industry, ITC Hotels has strong growth enablers in place.

Defence stocks: GRSE, BDL, BEL, HAL surge up to 9% day ahead of Budget 2025

Shares of BEL, for instance, soared 5 per cent to Rs 292.10 on the back of two-fold jump in average trading volumes after the company reported a healthy December 2024 quarter

This smallcap stock surges 21% in 2 days; zooms 101% against issue price

Shares of Blue Jet Healthcare hit a new high of Rs 695.55, and were locked in the 10% upper circuit after the firm reported robust earnings in the December quarter.

SRF up 5% post Q3 results; rallies 25% so far in January, nears record high

Building on the momentum achieved so far, the company's management expects SRF to finish the year on a reasonably strong footing

This smallcap stock zooms over 100% within 4 months; hits new high

CarTrade Tech shares hit a new high of Rs 1,765.20, surging 14% on the BSE in Thursday's intra-day trade after it reported PAT of Rs 45.53 crore in Q3FY25, against loss of Rs 23.55 crore in Q3FY24

Laurus gains 15% in 2 days on robust CDMO outlook; updates on AIDS drug biz

The broader outlook for the CDMO industry with small molecules is positive, and the management of Laurus Labs remains committed to its 2025 growth outlook

Bajaj Finance hits over 3-month high; surges 14% thus far in January

Shares of Bajaj Finance hit an over three-month high of Rs 7,786.20, gaining 2 per cent on the BSE in Wednesday's intra-day trade ahead of its Q3 results today

This Ashish Kacholia portfolio smallcap stock soared 18% post strong Q3

Ami Organics share price gained 17.69 per cent at Rs 2215.40 a piece on the BSE in Wednesday's intraday trade after the company delivered a significant rise in revenues and profit for Q3FY25

JK Cement hits new high; rallies 14% in 2 weeks on healthy growth outlook

For Q4 the management guided for 7-8% YoY volume growth in grey cement. Meanwhile, analysts expect a growth rate of at least 10% YoY in FY26.

This smallcap stock zooms 20% after Q3 profit jumps 161% annually

Shares of Syrma SGS Technology locked in upper circuit of 20% at Rs 504.35 after it reported 161% YoY jump in consolidated profit after tax at Rs 53.0 crore in the December 2024 quarter

Kumbh Mela Boost: This Indian Hotels arm shares hit new high; up 34% in Jan

Benares Hotels hit a new high of Rs 10,990, rallied 15% on expectations of record revenue in March quarter, due to strong domestic demand on account of Kumbh Mela and related travels in the UP region.

Apar Industries shares tank 20% on disappointing December quarter results

On the margins front, the management said they have seen a drop in this quarter due to unfavourable competitive prices from China and lower exports demand

Adani Enterprises, Zomato, SpiceJet: 15 stks dip 27% below their QIP price

These 15 companies accounted for 70 per cent of total fund mobilisation of Rs 93,453 crore via QIP route in the past six months, according to PRIME Database.

Smallcap extends fall, down 4%; Anant Raj, Netweb, Newgen tank up to 20%

The BSE Smallcap index has tanked 16 per cent, compared to the 12 per cent decline in the BSE Midcap and the 3 per cent fall in the BSE Sensex, thus far in January