Page 6 - The Smart Investor News
Petronet LNG drops 8%; Nomura flags cash flow risk from LNG disruption
In a month, Petronet LNG shares fell 15 per cent, compared to Sensex's fall of 10.5 per cent
 "Petronet LNG drops 8%; Nomura flags cash flow risk from LNG disruption")
Larsen & Toubro falls 22% since West Asia war; here's what analyst suggests
L&T stock was trading at ₹3,316.5, down 3.5 per cent against the previous session's close of ₹3,434.80
 "Larsen & Toubro falls 22% since West Asia war; here's what analyst suggests")
IDBI Bank shares fall 7% as govt mulls OFS route to pare stake
IDBI Bank share price: Notably, the sentiment has been dented after the government's IDBI Bank privatisation bid failed, as the bids from two potential buyers were below the reserve price
 "IDBI Bank shares fall 7% as govt mulls OFS route to pare stake")
HDFC Bank, ICICI Bank, Bajaj Fin among 13 Nifty 50 stocks hit 52-week lows
A total of 100 stocks from the Nifty 500 index registered new 52-week lows on Monday as selling intensified amid escalating geopolitical tensions.
 "HDFC Bank, ICICI Bank, Bajaj Fin among 13 Nifty 50 stocks hit 52-week lows")
Jaiprakash Power tanks 10% as Vedanta challenges Adani's JAL bid
The selling on the counter came after Vedanta Group has approached the National Company Law Appellate Tribunal (NCLAT), challenging the NCLT's approval to Adani Group's bid for acquiring JAL
 "Jaiprakash Power tanks 10% as Vedanta challenges Adani's JAL bid")
Mid, smallcap indices bleed; Firstcry, Voltas, SAIL, Paytm crash up to 8%
Shares of midcap and smallcap companies came under pressure on Monday as Rising tensions between the US-Israel and Iran have raised concerns about potential disruptions to global oil supply
 "Mid, smallcap indices bleed; Firstcry, Voltas, SAIL, Paytm crash up to 8%")
Gold, silver ETFs decline up to 8% as West Asia crisis spooks investors
Broader market sentiment was also fragile on Monday as the war in West Asia entered its fourth week with no clear resolution in sight
 "Gold, silver ETFs decline up to 8% as West Asia crisis spooks investors")
HDFC Bank mcap falls below ₹12 trn; down 10% in 3 days post Atanu's exit
HDFC Bank market cap falls below ₹12 trn; stock down 10% in 3 days post Atanu's exit
 "HDFC Bank mcap falls below ₹12 trn; down 10% in 3 days post Atanu's exit")
HDFC Bank falls 7% in 2 days; analysts flag pressure after chairman exit
Analysts believe HDFC Bank stock may be under pressure in the near term due to governance uncertainty and a leadership visibility gap.
 "HDFC Bank falls 7% in 2 days; analysts flag pressure after chairman exit")
BHEL rallies 5%, Tata Power hits 52-week high; what's driving power stocks?
The Ministry of Power outlined a ₹200 trillion ($2.2 trillion) long-term investment roadmap for India's power sector over the next two decades.
 "BHEL rallies 5%, Tata Power hits 52-week high; what's driving power stocks?")
Nifty Metal gains 3%; Tata Steel, JSW, LloydsME jump up to 7%: Here's why
Excluding National Aluminium, 14 of 15 index constituents rose on Friday, with Lloyds Metals & Energy, Tata Steel, JSW Steel, Jindal Steel, and APL Apollo Tubes gaining over 3 per cent each
 "Nifty Metal gains 3%; Tata Steel, JSW, LloydsME jump up to 7%: Here's why")
OMC stocks rally on softer crude; HPCL, IOC, BPCL shares gain up to 5%
Notably, OMCs' shares have remained volatile over the past two weeks as crude oil prices have surged more than 40 per cent amid the ongoing West Asia conflict involving the US, Israel and Iran
 "OMC stocks rally on softer crude; HPCL, IOC, BPCL shares gain up to 5%")
Nifty PSU Bank index soars over 3%; Canara, UBI, BOI rally up to 5%
At 09:30 AM on Friday; Nifty PSU Bank index, the top gainer among sectoral indices, was up 3.4 per cent, as compared to 1.2 per cent rise in the Nifty 50.
 "Nifty PSU Bank index soars over 3%; Canara, UBI, BOI rally up to 5%")
Aequs shares rise 2% in trade; JM Financial sees more 15% upside
Aequs shares today: JM Financial Institutional Securities has initiated coverage on Aequs with a 'Buy' rating and 12-month target price of ₹145, implying 15 per cent upside from current levels
 "Aequs shares rise 2% in trade; JM Financial sees more 15% upside")
Balkrishna Industries gets new 'Buy' from JM Fin; sees 15% stock upside
JM Financial initiated coverage with a 'buy' rating on Balkrishna Industries and a target price of ₹2,540, an upside potential of about 15.5 per cent from Thursday's close
 "Balkrishna Industries gets new 'Buy' from JM Fin; sees 15% stock upside")
Sansera Engineering offers 17% upside potential, says Antique; holds 'Buy'
While acknowledging near-term geopolitical uncertainties, Antique believes these are largely transient in nature
 "Sansera Engineering offers 17% upside potential, says Antique; holds 'Buy'")
Bajaj Finance falls 5%, m-cap sinks ₹1trn since West Asia war; time to buy?
Bajaj Finance share price: The recent fall in Bajaj Finance has significantly eroded the NBFC's market valuation. As per data, the NBFC's m-cap has dropped by ₹1 trn since the start of West Asia war
 "Bajaj Finance falls 5%, m-cap sinks ₹1trn since West Asia war; time to buy?")
ACME Solar Holdings, NTPC Green Energy jump up to 9% in weak market
At 12:22 PM, ACME Solar shares were trading 4.67 per cent higher at ₹260.1 per share, and NTPC Green Energy's share price was up 2.27 per cent at ₹100.09 per share
 "ACME Solar Holdings, NTPC Green Energy jump up to 9% in weak market")
Mid, smallcap indices bleed; HPCL, Voltas, Swiggy, Dixon fall up to 5%
On the Nifty Midcap 100, Hindustan Petroleum stock was the top loser, down 4.35 per cent at ₹334.35 per cent
 "Mid, smallcap indices bleed; HPCL, Voltas, Swiggy, Dixon fall up to 5%")
Adani Total Gas shares rebound 12% after 4-day rout; outperforms market
Other gas stocks traded mixed on Thursday. Indraprastha Gas Ltd. slipped nearly 1 per cent, while Mahanagar Gas Ltd. rose 1.5 per cent.
 "Adani Total Gas shares rebound 12% after 4-day rout; outperforms market")