Page 10 - Buzzing Stock

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Tube Investments hits 52-week high on inking Rs 160-crore pact with GEF

The surge in stock price came after TII, along with Tl Clean Mobility Private Limited (TICMPL), entered into a Rs 160-crore pact with South Asia Growth Invest III LLC and South Asia EBT Trust III

Castrol India stock price rises over 4% on appointment of Kedar Lele as MD

The uptick in share price came after the company board appointed Kedar Lele as additional director and managing director for 5 years, with effect from November 1

Go Digit stock price zooms 10%, hits record high on robust Q4 results

The stock debuted on a quiet note on the stock exchanges, BSE and NSE, on May 23, 2024. Go Digit stock listed at Rs 281.10 apiece on the BSE as against an issue price of Rs 272

Persistent up 2% on deal with Google Cloud to drive innovative solutions

The uptick in share price came after the IT major announced that it has entered into a long-term strategic partnership agreement with Google Cloud, to drive innovative solutions

Tata Motors turns net debt free in FY24; shares recover 2.5% from lows

The presentation also highlighted that Jaguar Land Rover (JLR) is on course to achieve net debt-free status in the financial year 2025 (FY25)