Page 84 - Deepak Korgaonkar

Stock of this garments & apparels company zoomed over 100% in 2 months

PGIL maintains a confident outlook on the continued growth and traction of Indian exports in the medium to long term.

Tyre stocks in demand on Ceat's strong Q2 results; MRF, JK Tyre at new high

Ceat said the healthy quarter-on-quarter volume growth was driven by strong OEM demand for festive inventory.

ION Exchange extends rally; zooms 127% so far in 2023 on strong outlook

In past four months, the stock price of ION Exchange has appreciated by 53 per cent after it turned ex-date for sub-division / stock split in the ratio of 10:1.

Stock of this smallcap jewellery company has zoomed nearly 100% in 3 weeks

Shares of SKY Gold hit a new high of Rs 590.20, and have rallied 97 per cent in three weeks from a level of Rs 299.15 on September 25, 2023.

HCL Tech gains 3% on maintaining margin outlook; analysts remain positive

Motilal Oswal Financial Services expects HCL Tech to emerge stronger on the back of healthy demand for IMS, Digital space and Cloud services in the medium term

Infosys slips 4%, hits 6-week low on surprise revenue guidance cut in Q2

Infosys's revenue guidance is a negative surprise and likely factor in impact from these ramp downs as well as backend ended and delayed ramp up in mega deal, according to analysts.

Stock of this iron & steel company has zoomed over 1,000% since April

In the month of July, the stock price of Jai Balaji Industries more than doubled, zooming 106 per cent. Besides it has gained 74 per cent in August and 61 per cent in September.

PCBL rallies 6% on securing two patents; stock up 80% since April

In past one month, PCBL has outperformed the market by surging 30 per cent, as compared to 1 per cent decline in the S&P BSE Sensex.

Zomato soars 4% on heavy volumes, market-cap nears Rs 1 trillion mark

Analysts at Kotak Securities believe Zomato's YoY GMV growth bottomed out in Q1FY24 at 14 per cent YoY and should witness improving performance Q2FY24 onward.

TCS dips 1% as Q2 result misses estimates; announces Rs 17,000 cr buyback

The management maintained that near term demand challenges remain and refrained from giving recovery timelines, implying a slow and gradual recovery ahead.

This Dolly Khanna-owned iron & steel stock has zoomed over 100% in 3 months

Investor Dolly Khanna held 1.8 million or 1 per cent of the total equity of Prakash Industries as of the end of September 2023

Stock of this state-owned defense company has zoomed over 150% since April

Shares of MIDHANI hit a record high of Rs 476.40, as they zoomed 17% on the BSE in Wednesday's intra-day trade and has recorded its sharpest intra-day rally since April 7, 2020.

Paper stocks rally; Pakka, TNPL, Star, West Coast, JK Paper zoom up to 20%

The Indian paper industry is poised for growth, with increasing demand driven by population growth, urbanisation, and rising literacy rates.

Oriental Hotels hits new high; up 27% in 1 week on hopes of strong earnings

Growth in the industry is largely expected from domestic demand which is expected to remain strong through FY24 even as international travel has shown green shoots of recovery.

HBL Power soars 8%, hits new high on healthy outlook; up 208% in 6 months

CARE Ratings expects total operational income of HBL to grow over 25% YoY (backed by strong demand) in FY24 along with sustaining its operating margins.

Realty shares in focus; Prestige, Godrej Properties, DLF rally up to 10%

The S&P BSE Realty index up 3 per cent was the top gainer among sectoral indices on Tuesday.

Stock of this industrial products company has zoomed 293% so far in 2023

Shares of Kaynes Technology India hit a new high of Rs 2,954.20 on rallying 16 per cent on the BSE in Monday's intra-day trade

Oil India rallies to 8-year high, nears fresh peak as crude price rebounds

Thus far in the calendar year, the stock price of OIL has rallied 51 per cent as compared to a 7.4 per cent rise in the S&P BSE Sensex

Bajaj Fin up 3% as nod for Rs10,000 cr fund raise; here's what analysts say

This capital raise could then be a tacit acknowledgment that Bajaj Finance is readying its capital ammunition for how the competitive landscape is going to evolve over next few years, said analyst.

Kalyan Jewellers trades near record high, up 11% on strong Q2 biz update

The company said it continues to witness robust momentum in both footfalls and revenue across all its markets in India and the Middle East.