Page 651 - Si Reporter

Sensex ends 308 pts up at 48,177, Nifty at 14,133; Nifty metal surges 5%

S&P BSE MidCap index touched record high in the intra-day trade of 18,435. On the sectoral front, Nifty IT index closed at record high

BEML rallies 8% as govt invites initial bids for strategic divestment

The government will sell 26 per cent out of the total 54.03 per cent stake it holds in the company along with transfer of management control.

Avenue Supermarts extends gains into fourth straight day, hits record high

Since October 17, 2020, post July-September quarter (Q2FY21) results, the stock of Avenue Supermarts has rallied 43 per cent, as against a 19-per cent rise in the S&P BSE Sensex

IT shares in demand ahead of Q3 results; TCS, Infy, HCL Tech hit new highs

Analysts at Motilal Oswal said the multiple mega deal wins in Cloud and Captive should add incremental growth to the sector's already buoyant organic growth momentum

Tata Motors gains 4%, nears 52-week high on strong December sales data

Tata Motors' total vehicle sales grew 21 per cent in domestic markets in December

Stocks to watch: RCFL, Tata Motors, RIL, BEML, Cadila Health, Adani Green

Tata Motors reported a 21 per cent increase in total vehicle sales in the domestic market to 53,430 units in December

Antony Waste Handling Cell lists at 36% premium over issue price

The issue received bids for 10,02,71,821 shares against its offer size of 66,66,342 shares

Bulls reign on 1st day of 2021; Sensex ends 118 pts up at 47,869; PSBs gain

In the broader market, the S&P BSE MidCap and SmallCap zoomed 1 per cent and 0.9 per cent, respectively

Chemcon Speciality gains 29% in 3 days after Plutus Wealth hikes stake

On December 30, 2020, Plutus Wealth Management LLP purchased 1 million equity shares, representing 2.7 per cent stake of Chemcon Speciality Chemicals, for Rs 43 crore on the NSE via bulk deal

Rain Inds surges 15% as arm completes sale of non-strategic subsidiaries

The Company has decided to divest the stake in these two non-strategic subsidiary companies, as a part of its strategy to achieve sustainable growth, create value for all stakeholders and reduce debt

NCC jumps 5%, hovers near 52-week high on winning Rs 8,980 cr orders in Dec

The firm has won 15 new orders from central and state government agencies in the month of December

Tips Industries surges 16%, nears record high on film biz demerger plan

The company's board is scheduled to meet on January 5, 2021 to explore demerger of the film business and consider any other matters incidental thereto

Escorts gains 4% on posting highest-ever tractor sales for December month

Post lockdown, December was the first month where the company could supply as per the demand of customers, some of whom waited long to get their preferred tractor brand

Stocks to watch: Antony Waste, M&M, JSPL, Infibeam Avenues, IDBI Bank

The shares of auto companies will remain in focus today after a host of companies are scheduled to release auto sales figures for December 2020

Surya Roshni gains 4% on winning order worth Rs 73 cr from Indian Oil Corp

The company has obtained orders aggregating to Rs 72.62 crore for supply of API 5L Grade 3LPE Coated and bare Pipes to Indian Oil Corporation for gas pipeline projects in Bihar & Tamil Nadu

Garware Polyester rallies 8%, hits 26-year high on strong revenue outlook

The firm sees Rs 300 crore incremental revenue by financial year (FY) 2023 on the back of its entry into the PPF segment

KNR Constructions rallies 9% as board approves 1:1 bonus share

In the past one week, stock of the construction & engineering company has rallied 17 per cent after the company on Monday, December 14, announced bonus issue plan

L&T trades firm as arm lowest bidder for HPCL Rajasthan Refinery contract

According to report, L&T Hydrocarbon is the lowest bidder for HPCL Rajasthan Refinery.

KNR Constructions hits 52-week high ahead of Board meet; up 12% in one week

The board of directors of the company is schedule to meet today to consider declaration of bonus shares and other related issues

Pidilite Industries nears record high on heavy volumes, stock advances 4%

In the past three months, Pidilite has underperformed the market by gaining 16 per cent, as compared to a 20-per cent gain in the S&P BSE Sensex