Page 618 - Si Reporter

Fag-end buying in RIL, PSBs, metals help Nifty end flat; Sensex dips 85 pts

The BSE MidCap index, that hit a record peak of 22,164 earlier today, closed 1.7 per cent higher at 22,141 levels

Adani Enterprises hits fresh record high, surges 11% in 2 days

The firm surpassed its previous high of Rs 1,335, touched in January 2008, before the restructuring of its businesses

Stocks to watch: ITC, Infosys, Hero Moto, Motherson Sumi, PVR, NMDC

Sebi has barred eight entities, including two employees of Infosys, from the securities market for indulging in insider trading activities in the shares of the IT major

Sensex, Nifty end flat as margin rules kick in; India VIX jumps 3%

Volumes remained thin as the 75 per cent peak margins norms come into effect from today

Magma Fincorp hits 5% upper circuit for 2nd straight day, nears 52-wk high

The company has appointed Adar Poonawala as its chairman as part of a management overhaul following the Poonawala-controlled Rising Sun Holdings acquiring a controlling stake in it

Adani Enterprises shares hit new high; m-cap touches Rs 1.5-trillion mark

In the month of May, shares of the Adani Group firm outperformed the benchmark index and surged 13.6 per cent on the BSE

This oil & marketing distribution firm's stock has zoomed 133% in 15 days

In the past four trading days the stock has rallied 74 per cent after the company said it will consider a stock split and bonus issue in the forthcoming board meeting to be held on June 10

Narayana Hrudayalaya rallies 16% on strong March quarter results

In view of near-term uncertainties amid Covid-19, the management has charted a path to reduce costs, increase efficiency and rationalize capex

PNB Housing surges 44% in 2 days on large capital infusion by Carlyle Group

The announced large equity infusion should significantly improve the confidence of fixed income and equity markets and bring PNB Housing Finance back on the growth path, Morgan Stanley said

Indo Borax zooms 37% in two days after firm announces stock split plan

Generally, a company plans to go for a stock split to make the shares more affordable for small retail investors and increase liquidity

Bajaj Auto shares gain 3%, near record high post May sales update

Segment-wise, Bajaj Auto's 2-wheeler sales grew 113 per cent to 240,554 units while commercial vehicles were up 118 per cent at 31,308 units

Rupa & Company surges 20%, hits 52-week high on strong Q4 show

The company's revenue from operations jumped 153 per cent year-on-year to Rs 453.99 crore from Rs 179.30 crore posted in the same quarter a year ago

SBI shares extend rally, hit new record high, m-cap near Rs 4 trillion-mark

SBI had posted a strong quarterly performance in Q4FY21 and has showed further sequential improvement in assets quality and rise in profitability

Defence stocks rally as MoD puts 108 items on import ban list; BEL up 6 %

The MoD, on Monday, announced a list of 108 items of defence equipment that must be compulsorily procured from indigenous sources according to provisions in the Defence Acquisition Procedure 2020

Stocks to watch: ITC, Narayana Hrudayalaya, Magma Fincorp, auto stocks

State-owned Canara Bank on Monday said it has appointed S K Majumdar as its chief financial officer (CFO) with immediate effect

This RK Damani, Rakesh Jhunjhunwala-owned stock has gained 56% in 3 days

Prozone Intu Properties shares were locked in the 10 per cent upper circuit band for the second straight day, at Rs 31.75 apiece, on the BSE

Indian Hotels hits 52-week high; up 26% in a month on demand recovery hope

The company is hopeful of demand recovery in the US and the UK in the next three to four months with the Covid-19 situation coming under control

Transport Corporation surges 62% in four days on strong Q4 results

The management expects a pickup in surface freight activity from H2 onwards (near festive season)

PNB Housing Fin zooms 20% on board nod to raise Rs 4,000 crore

Carlyle has agreed to invest up to Rs 3,185 crore through a preferential allotment of equity shares and warrants, at a price of Rs 390 per share

M&M slips 7% as firm expects slower tractor sales growth in FY22

While growth in tractors is slowing down after robust growth in FY21, M&M's auto segment is expected to see strong momentum in both LCVs and SUVs, brokerage MOSL said