Page 74 - Deepak Korgaonkar

Hindustan Unilever hits fresh 52-week low; brokerages share mixed outlook

Analysts at Emkay Global Financial Services believe demand slowdown, competitive pressure, distribution stress, and rising royalty rates are likely to have an overhang on HUL's valuations.

Oil India hits new high, surges 15% in 2 days on strong production outlook

Oil India's earnings growth over the next 3-5 years is likely to be aided by expansion of Numaligarh Refinery Limited (NRL).

NALCO surges 10% on heavy volumes on strong Q3 earnings

Earnings before interest, tax, depreciation, and amortization (EBITDA) jumped 68 per cent YoY to Rs 770 crore, driven by better operating performance in the aluminum business.

HDFC Bank hits 52-week low; slips 18% in 1 month wiping out Rs 2.3 trn mcap

Shares of HDFC Bank hit a 52-week low of Rs 1,363.45, down 2%, falling below its previous low of Rs 1,382.40 touched on January 24.

Stock of this specialty chemicals company has zoomed 46% in last three days

Shares of Jubilant Industries hit a record high as they remained locked in the 20 per cent upper circuit on the BSE in Wednesday's intra-day trade in an otherwise weak market

Paytm hits new low, falls 10% after Macquarie slashes target to Rs 275

Macquarie sharply cut the target price to Rs 275 from Rs 650, driven by a reduction in revenues across various segments

RIL becomes 1st Indian co to hit Rs 20 trn m-cap; stock up 29% in 3 months

In the past three months, the RIL stock has surged 29 per cent, outperforming the Sensex (which is up 10 per cent), amid renewed optimism around its growth prospects

This recently listed IPO has slipped 49% from high, dips below issue price

Shares of Flair Writing Industries hit a record low of Rs 264.65 as they were locked in the 10-per cent lower circuit on the BSE on Tuesday

Hindalco tanks 15% post Novelis December quarter results

Novelis has significantly increased its planned capex spends for its green field expansion at Bay Minette plant from $2.7-2.8 billion to $4.1 billion.

SJVN, ITDC, HUDCO, NBCC, MMTC and 513 other stocks freeze at lower circuits

Dhunseri Ventures, WPIL, Jai Corp, Jai Balaji, Waaree Renewable, Apollo Micro, Newgen Software, KPI Green, TRIL and Suzlon Energy were non-CPSEs which were locked in their 5 per cent down circuits

Share price of this hospital company has zoomed over 100% in 5 months

For Q3FY24, Global Health reported a strong 53 per cent year-on-year (Y-o-Y) rise in consolidated net profit to Rs 123.54 crore

Cement shares soar up to 17%; ACC, Birla Corp, JK Lakshmi hit 52-week highs

Analysts believe cement demand would remain healthy aided by expedited pre-election government spend, continued focus of infrastructure development.

This Mukul Agrawal-owned pharma stock has zoomed over 200% in 9 months

Neuland Lab hit a new high of Rs 6,910, rallied 6% after reported robust earnings with profit after tax more than doubled to Rs 80.7 crore in Q3FY24, on back of healthy operational performance.

CPSE index cracks 5% on profit booking; PFC, RVNL, MSTC tank up to 16%

In the past one month, the CPSE index has rallied 19 per cent, while, in three months, it has soared 53 per cent

LIC surges 10%; storms into top-5 most-valued club as m-cap tops Rs 7 trn

LIC with a market cap of Rs 7.24 trillion overtook Infosys to break into the top-5 club; Stock has gained 38 per cent in the last one month.

ITC hits over 8-month low, slips 5% as BAT mulls partial stake sale

The company's largest shareholder, British American Tobacco (BAT) holds 29.03 per cent stake in ITC

Rate sensitive shares trade mixed post RBI policy; SBI surges 6%

The Reserve Bank of India's Monetary Policy Committee (RBI MPC) on Thursday decided to keep the repo rate unchanged at 6.5 per cent for the sixth consecutive time.

This bank has zoomed over 90% in 4 weeks; became 2nd most valuable PSB

With a market cap of Rs 1.43 trillion, IOB currently stands ahead of Punjab National Bank (Rs 1.38 trillion) and Bank of Baroda (Rs 1.29 trillion).

Paytm, IFCI, Reliance Power and 401 other stocks freeze at upper circuits

TRF, KIOCL, GE T&D India, Dredging Corporation of India, Azad Engineering, and Balaji Telefilms were some of the other stocks which were locked in the upper circuits of 5 per cent to 20 per cent

TRF zooms 20%, Tata Steel nears record high on calling off merger plan

In the past two trading days, the stock of the Tata Group firm has zoomed 29 per cent. Currently, it is trading at its highest level since September 2022