Page 38 - Deepak Korgaonkar

Vodafone Idea stocks extend rally on AGR waiver buzz; gain 30% in 1 week

The government is considering a proposal to waive 50% of interest and 100% of penalties and interest on penalties that make up a bulk of the AGR dues levied on telcos

United Breweries stock rallies 6% on resumption of beer supply to TGBCL

TGBCL has assured the company to address its issues on pricing and outstanding payments in a time bound manner, UBL said

Bharat Dynamics at 4-month high; up 19% in 3 days on Rs 2,960-cr order wins

BDL is the exclusive service provider for indigenously developed guided missiles such as Akash surface-to-air missiles and Konkur anti-tank guided missiles

Defence stocks trade firm in weak market; BDL, HAL, GRSE rally up to 6%

Elara Capital expects ordering flow to rise sharply in Q4FY25 for the sector given that defence capex is set to be met in FY25

Nifty IT index slips 3%; Infosys, LTIMindtree slip up to 6% post Q3 results

According to Motilal Oswal Financial Services, Infosys and LTIMindtree, both companies with a high discretionary tilt, have provided a more cautious view on discretionary-spend recovery

BSE shares soar 17% in 3 days, hits new high; market cap tops Rs 80,000 cr

In the past six months, the market price of the BSE has more than doubled, or zoomed 154 per cent, from the level of Rs 2,371.40 to Rs 6,030.90 in intra-day trade today

This Ashish Kacholia portfolio stock zooms 20% on strong Q3 results

Aeroflex locked in upper circuit of 20% at Rs 223.20 on the BSE in Thursday's intra-day trade, with a combined 8.52 million shares representing 6.6% of total equity of the company, changing hands

Railway stks RVNL, Transrail, others surge up to 11% on higher capex hopes

The capital expenditure (capex) allocation for the railway sector is expected to rise by 20 per cent in Budget 2025-26, according to reports

Life insurance stocks rally up to 10% on HDFC Life's healthy Q3 earnings

Shares of HDFC Life, ICICI Prudential, SBI Life and Max Financial Services are up in the range of 5 per cent and 10 per cent

Maruti Suzuki stock hits 12-week high; rallies nearly 4% on healthy outlook

Stock rides high on December's strong volumes and positive market sentiment

Asian Paints, Indigo Paints hit 52-week low; slip up to 25% in 6 months

Significant moderation in sales volume due to rural market slowdown, impact of heightened competition and increase in raw-material prices likely to impact profitability of the paint industry.

Asset Management Company shares rally up to 7% on HDFC AMC's strong Q3 nos

Shares of HDFC AMC surged 6% to Rs 4,112.90 after the company' profit after tax grew 30.8% annually to Rs 641.8 crore, despite other income declining 34.5% YoY in Q3FY25

Vodafone Idea hits 3-month high, surges 19% in two days on heavy volumes

To improve its network performance Vi has partnered with HCL Software, the software business unit of HCL Technologies, to make its 4G and 5G networks smarter and more efficient

Kalyan Jewellers' stock extends fall for 8th straight day; stock slips 27%

In the previous two calendar years, the market value of Kalyan Jewellers has more than doubled with a 180 per cent surge in CY23, and 116 per cent rally in CY24

KPI Green slips 28% in 8 days after stock turns ex-bonus; hits 11-month low

The company's stock locked in lower circuit for the third straight day, down 5% at Rs 414.25 on the BSE and has corrected 44% from its 52-wk high level of Rs 744.37 hit on August 12, 2024

LIC stock hits 52-week low; down 34% from August high

Poor retail new biz trends, the Insurance Amendment Act proposal of opening up the individual agents, and the risk of sunset of the Old Tax Regime to keep LIC shares range-bound, believe analysts.

Goldiam International stock hits new high; zooms 32% thus far in January

Goldiam is geared to expand ORIGEM's footprint with an aggressive retail launch strategy across key locations, positioning it to capture a larger share of the lab‐grown diamond jewellery market.

Adani Group shares in focus; Power, Green, Energy Solutions gain up to 12%

Shares of Adani Power, Adani Green Energy, Adani Energy Solutions, Adani Total Gas and Adani Enterprises have rallied between 5 per cent and 12 per cent, so far today

IndusInd Bk up 4% in 2 days as reports indicate higher weight on MSCI index

Foreign portfolio investors reduced their stake in IndusInd Bank to 46.63 per cent in December 2024, from 55.53 per cent in the September 2024 quarter, enhancing foreign headroom at 25 per cent

Nifty Realty records sharpest intraday fall in 7 months; tanks 6% today

Shares of Phoenix, Macrotech Developers, Sobha, Brigade, Raymond, DLF, Oberoi Realty, Prestige Estates Projects and Godrej Properties were down in the range of 4 per cent to 9 per cent