Page 580 - Si Reporter

RIL, HDFC Bk drag Sensex 115pts, Nifty holds 17,450; indices up 19% in FY22

CLOSING BELL: Hindalco tumbled 5 per cent, followed by Divis Labs, Apollo Hospitals, RIL, Wipro, Eicher Motors, Dr Reddy's Labs, and Cipla

Stock of this soft ferrites company has zoomed over 3500% in FY22

Cosmo Ferrites hit a new high of Rs 635, up 4% on the BSE on Thursday's. The stock has zoomed 3,529% in FY22 from a level of Rs 17.50 on March 31, 2021.

Saregama hits 5% upper circuit on board nod for distribution biz demerger

The demerger relates to sale of all its physical products including Carvaan on digital marketplaces along with identified non-core assets (i.e. investment in publication business).

Sensex soars 740 pts; Nifty nears 17,500; banks, auto shine, metals sink

CLOSING BELL: Reliance Industries, HDFC twins, ICICI Bank, and Bajaj Finance lifted the benchmark S&P BSE Sensex 740 points higher to end at 58,684

Usha Martin zooms 54% in 4 weeks; stock trades at over 14-year high

The stock traded at its highest level since January 2008; the stock had hit a record high of Rs 154 on January 4, 2008.

Raymond soars 12%, hits 52-week high on heavy volumes

In the past three months, the stock has outperformed the market by surging 39 per cent after the company reported robust earnings for December quarter (Q3FY22).

Adani Enterprises hits new high on financial closure of Navi Mumbai airport

State Bank of India (SBI) has underwritten the entire debt requirement of Rs 12,770 crore for the NMIA Project

Sensex gains 350 pts; Hero Moto cracks 7%, Ruchi Soya zooms 16%

CLOSING BELL: Shares of Hero MotoCorp cracked over 6 per cent after reports suggested that the Income Tax Department has found that Hero MotoCorp made more than Rs 1,000 crore bogus expenses

Fertilizer shares in demand, zoom up to 20% amid supply worries

Select stocks have soared more than 50 per cent in the last one month riding the commodity boom.

Adani Power up 12%, hits 52-week high on heavy volume; zooms 37% in 6 days

Last week, the company approved an amalgamation scheme for the merger of its six wholly-owned subsidiaries with itself

SBI Life Insurance jumps up to 4% amid heavy volume on bulk deal buzz

According to reports, Canada Pension Fund was to sell its 0.56 per cent stake in the company in a price band of Rs 1,039 - Rs 1,077

Bharti Airtel spurts 2%, extends rally on positive news flow

The stock has gained 6 per cent in the last four trading sessions when compared with a 0.4 per cent gain on the benchmark.

Sensex rises 768 pts from day's low, ends 231 pts up; Inox Leisure adds 12%

CLOSING BELL: Bharti Airtel, up 4 per cent, was the top gainer on the Nifty50 index, followed by Coal India, Axis Bank, Eicher Motors, ITC, SBI, ICICI Bank, HUL,IndusInd Bank, and Power Grid

Gail India gains 4% as board to consider share buyback on Thursday

The attractiveness of the buyback will be determined when the quantum and price of buyback is announced, said ICICI Securities in a note.

Motherson Sumi Wiring lists after demerger; freezes at 5% lower circuit

The wiring harness business benefits from the mega trends (of premiumization, increasing use of electronics, and electrification) playing out in the Auto industry, resulting in an increase in content.

Ruchi Soya slips 10%; stock falls 14% in four sessions

Ruchi Soya said a meeting of the board of directors of the company is scheduled to be held on March 29, 2022, for the purposes of determining the issue price and the anchor investor issue price

Emami acquires Dermicool brand for Rs 432 crore; stock hits 52-week low

The stock of Emami has underperformed the market by falling 23 per cent in the past six months, as compared to a 5 per cent decline in the S&P BSE Sensex.

Escorts slips 8% in two days ahead of closure of open offer by Kubota

Till Friday, March 25, 2022, around 43.62 million equity shares had been tendered in the open offer, against 37.49 million shares proposed by Japan's Kubota Corporation

Indus Tower tanks 8% on heavy volume; stock nears 52-week low

The stock traded close to its 52-week low of Rs 194.25 touched on August 5, 2021.

Tata Elxsi gains 5%, hits record high in a weak market

In the past three months, the stock has outperformed the market by surging 45 per cent as the company delivered strong and consistent growth in December quarter.