Page 539 - Si Reporter

Sensex swings 760 pts, ends 200 pts down; Nifty holds 17,200; IT stocks up

CLOSING BELL: IT, select auto and banking stocks aided the market recovery on Monday. TCS gained nearly 2 per cent ahead of its Q2 result.

Atul Auto soars 14%; board issues 5 mn warrants to ace investor Vijay Kedia

The board approved issuance of up to 5.81 mn convertible warrants at Rs 198 per share to promoters and non-promoters including ace investor Vijay Kedia

IDBI Bank surges 11% as govt invites bids for strategic divestment

LIC, which owns 49.2% in IDBI Bank, will cut its stake to 19%, while the government will reduce its shareholding to 15% from 45.5% at present

Sensex, Nifty end flat after choppy day; Titan up 5%, Varroc Engg tanks 7%

CLOSING BELL: The three-day IPO of Electronics Mart India was subscribed 62 times till 3:30 PM

Zomato gains 7% on heavy volumes; stock rebounds 73% from record low

The average trading volumes on the counter more-than-doubled with a combined 155.71 million shares changing hands on the NSE and BSE till 02:59 PM

Kalyan, PC Jeweller hit 52-week highs on hopes of strong demand

After muted months of July and August, mainly due to delayed weddings in South India, analysts expect demand to bounce back in the December quarter given Navratri, and festive season across India

Power Mech up 4% in a weak mkt; soars 54% in 1-mnth on strong order book

In the past three months, the stock soared 133 per cent, as against 7 per cent rise in the Sensex.

This SME consumer electronics stock zoomed 1078% against its issue price

Shares of CWD hit a new high of Rs 2,121, up 5 per cent on the BSE and zoomed over 1,000 per cent against its issue price of Rs 180 per share.

Varroc Engg tanks 9% as firm sells 4-wheeler lighting biz at reduced price

As per the revised terms, the said transaction price was reduced from euro 600 million to euro 520 million.

Ujjivan Financial, SFB in focus: Stocks hit 52-week highs in volatile mkt

In Q2FY23, Ujjivan Small Finance Bank's gross loan book jumped 44 per cent YoY to Rs 20,938 crore on the back of sustained growth in disbursement

Sensex rises 157 pts, Nifty atop 17,300; Nifty Metal index up 3%, FMCGs dip

CLOSING BELL: JSW Steel, Hindalco, Coal India, L&T, Tata Steel, ICICI Bank, HCL Tech, Axis Bank, Tata Motors, Tata Consumer Products, Shree Cement, and Wipro were the top gainers

Adani Wilmar, Adani Power freeze at 5% upper circuit; Ambuja Cements up 4%

Adani Green Energy, Adani Total Gas, Adani Enterprises and Adani Transmission were trading higher in the range of 2 per cent to 4 per cent

Praj Industries hits record high on strong order inflow hopes; stock up 9%

Analysts believe that the company sounded positive about the strong order inflows in the coming quarters, given government's target to achieve 20 per cent ethanol blending by 2025 (EBP-20)

Godrej Consumer slips 7% post September quarter business update

The company expects their EBITDA to decline in mid-teens in the September quarter of FY23, due to consumption of high-cost inventory, high marketing spends and weak Indonesia performance

Bharat Forge surges 8% on reports of strong US Class 8 truck orders

According to media reports, preliminary North American Class 8 net orders for September soared to 56,500 units, the most-ever for a single month

Zee Entertainment gains 6% after CCI's conditional nod for merger with Sony

Analysts believe that the approval paves way for the consummation of the merger by Q4 of this fiscal year.

Stock of this wind turbine generator company has zoomed 101% in six weeks

Shares of Inox Wind Energy hit a record high of Rs 1,010, up 5 per cent on the BSE in Tuesday's intra-day trade

IDFC First Bank surges 10%, hits 52-week high post Q2 business update

Asset quality of the loans booked during last 1 year, on a like-to-like vintage comparison basis, is performing better than prior vintage periods, indicating improvement in asset quality going forward

Blue Dart hits new high; rallies 14% in a week on 10% price hike decision

Blue Dart said high inflation, rising interest rate, and high input costs have all taken a toll on the margins of the business

Easy Trip Planners surges 8% on bonus issue, stock split plan

The board of directors of the company are scheduled to meet on Monday, October 10, 2022, for considering the proposal for issue of bonus shares and/or sub-division/split of shares.