Page 672 - Si Reporter

F&O expiry: Indices gain for 5th day, Nifty above 11,550; DLF advances 10%

All that happened in the markets today

IndusInd Bank soars 9% after UBS upgrades the stock to 'Buy' from 'Sell'

From its recent low of Rs 338.2 (on closing basis), hit on May 22, 2020, the stock price of the lender has surged 68 per cent on the BSE till Wednesday

Godfrey Phillips India in focus; shares advance over 14%

For the quarter ended June 2020, Godfrey Phillips India's consolidated net profit dropped 53.56 per cent to Rs 55.10 crore.

Gillette India rises 4% as sales recover to pre-Covid levels in June, July

The company's board of directors has recommended a dividend of Rs 49 per equity share for the financial year ended June 30

Future Enterprises hits 5% upper circuit as board to consider raising funds

Other Future Group companies' stock also rallied on the development, with Future Retail surging 7 per cent

Sunteck Realty zooms 19%, HDFC up 3% as Maharashtra govt cuts stamp duty

The temporary reduction in stamp duty will likely help support sales of Mumbai-centric players like Oberoi Realty, Godrej Properties and Sunteck Realty, said analysts at Kotak Institutional Equities

Hindustan Aeronautics tanks over 11% as government plans to sell 15% stake

The government will sell a stake of about 10 per cent, with an option to sell a further 5 per cent in the company, according to a stock exchange filing on Wednesday.

Stocks to watch: HAL, telcos, IGL, M&M, ICICI Bk, realty counters, Gillette

Here's a list of stocks that may trade actively in today's trading session

Indostar Capital Finance hits 52-week high; stock surges 37% in 7 days

On August 18, Indostar Capital Finance allotted debentures to State Bank of India, worth Rs 200 crore, on preferential placement basis

Indiabulls Housing Fin soars 8% on heavy volume; up 10% so far this week

About 4.8 million shares have changed hands on the BSE, which was 430 per cent higher than the average shares changing hands on the counter on the exchange in the past one week

FDC jumps 6% after launching 2 variants of Covid-19 drug Favipiravir

The price per tablet is Rs 55 for both the variants

Birla Tyres hits 5% upper circuit as Co to consider fundraising this week

The Kolkata-based firm, which caters to two-wheelers, three-wheelers and commercial vehicles, however, did not share reasons for raising capital.

JMC Projects leaps 16% on bagging new order worth Rs 554 crore

Among these, project worth Rs 315 crore was a 'Building Project' in South India, while Rs 239 crore worth project was a 'Factory Project' in Maharashtra

Auto stocks rally as GST Council set to mull tax cut on two-wheelers

The GST meeting on September 17 might take up the two-wheeler rate issue to spur sales ahead of the festive season

Can Fin Homes zooms 9% on healthy June quarter result, dividend bounty

Can Fin Homes' net profit grew 15 per cent to Rs 93.15 crore for the quarter under review, as against Rs 80.98 crore in the corresponding quarter previous fiscal

Va Tech Wabag to raise Rs 120 crore; stock declines over 7.5%

The proposed investors include marquee investors and high net worth individuals (HNIs) such as Rekha Rakesh Jhunjhnwala.

Bank stocks crack; Nifty Bank index declines over 3%; Axis Bank, BoB dip 4%

The Federal Bank, ICICI Bank, IndusInd Bank, HDFC Bank, and Bandhan Bank slipped in the range of 1.5-3 per cent

Ramco Cements slips over 2.5% as Q1 PBT drops 43% to Rs 157.5 crore

The company said the progress of the ongoing capex programme has been delayed due to Covid-19.

Hindalco dips 1.5% on Rs 709 crore loss in June quarter

At 2:24 pm, the stock was trading 0.5 per cent lower at Rs 182.6 on the BSE, as against 593 points, or 1.56 per cent, dip in the S&P BSE Sensex

Parag Milk Foods up 7% on launching a new product in its premium category

The profit margins of dairy companies are expected to increase in the September quarter after a sharp contraction in the March and June quarters.