Page 627 - Si Reporter

Localised lockdowns weigh; Sensex declines 244 points amid volatility

The broader markets, however, managed to duck the bear onslaught and supported the overall market breadth

Up 113% in 4 weeks! This specialty steel stock now trades at 13-year high

Acuite Ratings & Research Limited upgraded the ratings of various credit facilities and exposures of the company with a 'stable' outlook

Gland Pharma hits new high; stock zooms 92% over issue price

The stock was trading higher for the fourth straight day, up 16 per cent during the period

ICICI Prudential surges 10% on strong performance in March quarter

The company posted a 23 per cent year-on-year growth in new business premium during the January-March quarter (Q4FY21), led by steady traction in both regular and single premium business

Aditya Birla Sun Life AMC files DRHP with Sebi

The board of Aditya Birla Capital on April 14 had approved the IPO of Aditya Birla Sun Life AMC

Stocks to watch: TechM, ACC, Nestle India, 5paisa, Caplin Point, ICICI Pru

Ace investor Ashish Kacholia increased stake in Caplin Point from 1.08 per cent as of December 2020 to 1.16 per cent as of March 2021

Investors lose Rs 3.6 trillion as Sensex falls 883 pts on Covid-19 woes

The Nifty Pharma index was the only index that ended in thee green, up 0.17 per cent

Glenmark Pharma hits 23-month high on Glenmark Life Sciences IPO plan

ICICI Securities believe this is a positive development for the company and will lead to value unlocking for the shareholder

PVR, Inox Leisure skid up to 9% as Crisil downgrades long-term ratings

Continued restrictions for more than 3-4 months and lower-than-expected ramp-up in occupancy post lifting may result in higher-than-expected cash loss

Supreme Petro hits record high in a weak market; up 38% thus far in April

SPL's capacity expansion plans in the polystyrene and expandable polystyrene (EPS) segments, along with healthy demand, will support healthy volume growth over the medium term, CRISIL said

Nureca hits 10% upper circuit for second straight day; zooms 83% in 3 weeks

The company said the movement in volume / price of equity shares of the company is purely market-driven

Financials under pressure; ICICI Bank, RBL Bank, IndusInd slip up to 7%

The first fortnight of April 2021 has been weak in terms of business (already down 20 per cent) due to lower working days and onset of an aggressive second wave of Covid-19 infections

Macrotech Developers makes weak market debut, lists at 10% discount

Macrotech's IPO got decent subscription as the issue was subscribed 1.36 times

Linde surges 10%, hits new high in a weak market; zooms 124% in 3 months

The company is primarily engaged in manufacture of industrial and medical gases and construction of cryogenic and non-cryogenic air separation plants

Stocks to watch: Macrotech Developers, HDFC Bank, Mindtree, RCom, ACC

ICICI Lombard General Insurance Company reported 23 per cent YoY rise in net profit at Rs 346 crore for March quarter 2020-21

Mindtree Q4 profit up 53% YoY to Rs 317 cr; declares dividend of Rs 17.5/sh

For the year, Mindtree delivered revenues of $1,076.5 million and margin expansion of 680 bps, while increasing their order book by 12.3 per cent

SBI Card trades higher for third straight day; stock up 8% on heavy volumes

In the past three days, the stock has gained 10 per cent after correcting 22 per cent from its record high level of Rs 1,149 touched on February 24, 2021

DCM Shriram rallies 20% on heavy volumes, stock hit all-time high

In the past three months, DCM Shriram has rallied 67 per cent after the company reported a strong operational performance for the quarter-ended December 2020

Ashoka Buildcon soars 11% on order win from Gujarat Rail Infrastructure

Despite today's gain, in past one month, the stock of roads & highways construction company has underperformed the market by falling 10 per cent, as compared to 2.7 per cent decline in the Sensex

Praj Industries extends rally after it wins order to set up ethanol plant

In the past six months, the stock has zoomed 200 per cent as compared to a 23 per cent gain in the S&P BSE Sensex