Page 10 - Buzzing Stock
Thermax's stock rises 5% after subsidiary gets work order worth Rs 513 cr
Thermax shares zoomed 4.6 per cent at 5287.10 per share on the BSE in Friday's intraday trade after the company informed the bourses that it has bagged a big work order worth Rs 513 crore
 "Thermax's stock rises 5% after subsidiary gets work order worth Rs 513 cr")
Vedanta, Tata Steel, LT Fin, Brigade Ent among top buzzing stocks on July 4
Stocks to Watch today, July 4, 2024: L&T Finance's retail disbursements increased by 33 per cent Y-o-Y to Rs 14,830 crore in the June quarter (Q1-FY25)
 "Vedanta, Tata Steel, LT Fin, Brigade Ent among top buzzing stocks on July 4")
Banks under pressure; ICICI, IndusInd, BOB, IDFC First down up to 3%
ICICI Bank, IndusInd Bank, IDFC First Bank, Bandhan Bank and Federal Bank from the private sector and Bank of Baroda PNB and SBI from the public sector slipped in the range of 1 per cent to 3 per cent
 "Banks under pressure; ICICI, IndusInd, BOB, IDFC First down up to 3%")
Cochin Shipyard rallies over 4% after unit bags order worth Rs 1,100 crore
UCSL, under contract terms, will undertake the design and construction of four 6300 TDW dry cargo vessels, the company said in a statement
 "Cochin Shipyard rallies over 4% after unit bags order worth Rs 1,100 crore")
RBL Bank stock gains 3% on board's nod for Rs 6,500 cr fund raise
RBL Bank stock update: The stock hit a high of Rs 270 in Friday's intra-day deals after the bank's board approved fund raise by way of QIP and debt sale.
 "RBL Bank stock gains 3% on board's nod for Rs 6,500 cr fund raise")
CLSA says Zomato is growing faster than Swiggy, sees 25% upside
In terms of revenue, Swiggy's Y-o-Y growth of 24 per cent also fell short of Zomato's adjusted revenue growth of 55.9 per cent Y-o-Y
 "CLSA says Zomato is growing faster than Swiggy, sees 25% upside")
KIMS share price zooms 6% after proposing stock split; details here
Shares of Krishna Institute of Medical Sciences (KIMS) shot up to 6.4 per cent at Rs 2187 per share on the BSE in Tuesday's intraday deals
 "KIMS share price zooms 6% after proposing stock split; details here")
RVNL stock hits fresh 52-week high on securing order worth of Rs 192 cr
The uptick in share price came after the RVNL announced that it has emerged as the lowest bidder (L-1) for a project worth Rs 192 crore from South Eastern Railway
 "RVNL stock hits fresh 52-week high on securing order worth of Rs 192 cr")
Persistent Systems shares jump 5% on Rs 10 dividend announcement
The surge in share price came on the back of a divided announcement, coupled with Accenture's Q3 performance, which met street expectations
 "Persistent Systems shares jump 5% on Rs 10 dividend announcement")
Bajaj Consumer up 4% after board fixes July 2 as record date for buyback
The uptick in share price came after the company's board fixed July 2 as the record date for identifying equity shareholders eligible for the buyback
 "Bajaj Consumer up 4% after board fixes July 2 as record date for buyback")
Jupiter Wagons 6% off lows on Lithium-Ion Phosphate battery breakthrough
The rise came after Jupiter Electric Mobility in pact with Log9 Materials, announced that it has achieved a major milestone in development & certification of their LFP battery technology
 "Jupiter Wagons 6% off lows on Lithium-Ion Phosphate battery breakthrough")
Vodafone Idea stock falls 2.5% on weak April telecom data, profit booking
On June 19, Vodafone sold 18 per cent stake in Indus Towers for Rs 15,300 crore to repay debts. Post stake sale, Vi's holding in Indus Towers stood at 3.1 per cent
 "Vodafone Idea stock falls 2.5% on weak April telecom data, profit booking")
USFDA issues warning letter to Sun Pharma's Dadra unit; stock slips 2%
The fall came after the company announced that it has received a warning letter from USFDA for current Good Manufacturing Practice (cGMP) violations at its Dadra facility
 "USFDA issues warning letter to Sun Pharma's Dadra unit; stock slips 2%")
Sona BLW share price rises 4% on securing certification under PLI scheme
The jump in the stock price came after Sona BLW announced that it has secured certification for its traction motor for electric 3-wheelers under production-linked incentive (PLI) scheme
 "Sona BLW share price rises 4% on securing certification under PLI scheme")
Tata Elxsi, Red Hat ink pact to boost telco network monetisation; stk up 2%
The uptick in share price came after Tata Elxsi announced that it has collaborated with Red Hat to boost telecom network monetisation
 "Tata Elxsi, Red Hat ink pact to boost telco network monetisation; stk up 2%")
SCI share price up 4% after in-principle nod for GIFT City subsidiary
The surge in stock price came after Shipping Corporation of India said that it has been granted in-principle approval to form a wholly-owned subsidiary at GIFT City
 "SCI share price up 4% after in-principle nod for GIFT City subsidiary")
Suven Pharma stock rises 6% on nod to acquire Sapala Organics for Rs 230 cr
The surge came after Suven Pharmaceuticals said that it has entered into a definitive agreement to acquire a controlling stake of Sapala Organic for Rs 229.5 crore, in an all cash deal
 "Suven Pharma stock rises 6% on nod to acquire Sapala Organics for Rs 230 cr")
Venus Remedies up 8% on order win from UNICEF for bacterial infection drug
The uptick in stock price came after the company announced that it has secured an award for its antibiotic product, Ceftriaxone 1 gm, from UNICEF
Saksoft to acquire 100% equity in Augmento Labs for Rs 100 cr; stock up 15%
The surge in stock price came after the company announced that it has executed a Share Purchase Agreement to acquire 100 per cent equity interest in Augmento Labs Private Limited
 "Saksoft to acquire 100% equity in Augmento Labs for Rs 100 cr; stock up 15%")
Gensol Engg hits 5% upper circuit on securing project worth Rs 1,340 crore
The rise in stock came after the company emerged as a successful bidder for a 250-Mw/500 MWh battery energy storage system (BESS) tender floated by Gujarat Urja Vikas Nigam Limited