Page 575 - Si Reporter

Indices fall for 5th day; Sensex cracks 703 pts, Nifty gives up 17,000

CLOSING BELL: Reliance Industries (RIL; up 3.5 per cent) was the top gainer on the 30-pack index. he draggers on the index were HDFC (down 6 per cent), HDFC Bank (down 4.2 per cent)

GAIL hits 52-week high ahead of record date for share buyback

The Company has fixed Friday, April 22, 2022 as the record date for the purpose of ascertaining the eligibility of shareholders for Buyback of equity shares

The stock of this iron & steel company has zoomed 89% in 11 trading days

Sunflag Iron and Steel soared 18 per cent to hit a record high of Rs 118.90 on the BSE in Tuesday's intra-day trade, extending previous two-week rally on the back of heavy volumes.

INEOS Styrolution dips 16%, hits 52-wk low as promoter lowers stake via OFS

The promoter today launched an offer for sale to offload up to a 14.4 per cent stake in the company and fixed offer price at Rs 800 per share.

AU Small Finance Bank gains 4%, hits record high on bonus issue plan

The board of directors of the bank shall meet early next week to consider the proposal for issuance of bonus shares.

Sugar shares rally up to 9% on hopes of strong operational performance

With favourable mix of ethanol towards B-heavy/juice (feedstock) coupled with higher sugar realisations; operating margins are expected at 12.7%-13.7% in FY22-FY23 (slightly higher than FY21 levels).

Sensex sinks 1,172 pts, Nifty below 17,200; Infosys tanks 7%, HDFC Bank 5%

CLOSING BELL: Dismal March quarter earnings by HDFC Bank & Infosys, coupled with fears of aggressive rate hikes amid rising inflation, soaring bond yields, & resurgence in Covid-19 cases hit sentiment

Paper stocks in demand; JK Paper, Seshasayee Paper surge up to 14%

Paper stocks rallied on expectation of strong earnings supported by robust growth in the packaging board segment and continued demand in the writing and printing paper segment.

Varun Beverages hits record high on strong demand for soft drinks

Demand for soft drinks and ice-creams has reportedly touched a five-year high, with the early onset of summer and rise in mobility.

Tata Power's renewable arm raises Rs 4k cr from BlackRock; stk crashes 7.5%

On Thursday, the Tata group's power unit on Thursday said it was raising Rs 4,000 crore (or $525 million) from a consortium of investors, including BlackRock and Mubadala, to scale up its renewable en

NTPC surges 6% on heavy volumes; stock hits over 2-year high

In the past one month, NTPC has outperformed the market by surging 22 per cent on expectation of strong power demand. In comparison, the benchmark index was down 1.3 per cent.

Indiabulls Real Estate dips 6% after listing of QIP shares

Nearly 86 million equity shares of Rs 2 each allotted to QIBs pursuant to qualified institutional placement (QIP) are listed on the exchange with effect from Monday, April 18, 2022.

Tata Steel up 2% in a weak market on stock split plan; zooms 13% in 3 mths

A stock split is generally undertaken to make the stock more affordable to small retail investors and increase liquidity

Anand Rathi Wealth zooms 16% to hit record high on strong Q4 results

The management expects an increased inflow of funds and consistent growth in AUM in the coming quarters.

Sensex slips for 3rd day, ends 237 pts down; HDFC duo top drags, ITC up 2%

CLOSING BELL: HDFC, HDFC Bank, Maruti Suzuki, Dr Reddy's Labs, Tata Motors, PowerGrid, Asian Paints, Bajaj Finserv, Kotak Bank, Titan, Cipla, and Eicher Motors were the top laggards on the Nifty index

Stock of this agri products company has zoomed 85% in two months

Gujarat Ambuja Exports hit a new high of Rs 329.55, on rallying 10% on the BSE in Wednesday's intra-day trade, and has surged 29% in the past four trading days.

Hariom Pipes makes strong debut; zooms 46% against issue price

The stock was locked in the upper circuit at Rs 224.70, up 46% against its issue price of Rs 153 per share on the BSE

Poonawalla Fincorp hits 52-week high; stock soars 44% in a month

In the past six months, the stock has been more-than-doubled or zoomed 110 per cent, as compared to 3.3 per cent decline in the S&P BSE Sensex.

Mrs Bectors Food Specialities slips 10% on heavy volumes

Mrs Bectors Food has underperformed market in the past 3-6 months after reporting weak set of numbers. In comparison, the benchmark index was down by less than 4 per cent during the same period.

Bandhan Bank hits 6-month high; gains 9% in 3 days post HDFC stake sale

In the past one month, Bandhan Bank has outperformed the market by surging 28 per cent as compared to 5.6 per cent rise in the S&P BSE Sensex