Page 5 - Buzzing Stock
What led Zomato to slip 5% despite 5x rise in Q2 PAT? CLSA ups target price
Zomato reported a 388 per cent year-on-year rise in second quarter net profit at Rs 176 crore, from Rs 36 crore in the year ago period
 "What led Zomato to slip 5% despite 5x rise in Q2 PAT? CLSA ups target price")
UltraTech shares muted ahead of Q2 results; Revenue to fall, say analysts
Analysts tracking the cement sector say that subdued economic activity in the first quarter is likely to weigh on sector leader UltraTech Cement's numbers, which reports its Q2 results today
 "UltraTech shares muted ahead of Q2 results; Revenue to fall, say analysts")
Antony Waste up 7% after posting record collection and transportation in Q2
Antony Waste Handling Cell's combined tonnage for collection and transportation (C&T) and processing reached 1.19 million tonnes in Q2, implying an annual growth of 4 per cent
 "Antony Waste up 7% after posting record collection and transportation in Q2")
SKF India rises 6% as Board okays demerger of auto, industrial businesses
The Board has granted its in-principle approval to segregate the Automotive and Industrial business through a scheme of arrangement
SpiceJet takes off 8% on resolving dispute with lessors for $22.5 mn
SpiceJet share price today: SpiceJet settled dispute with Babcock & Brown Aircraft Management for $22.5 million
 "SpiceJet takes off 8% on resolving dispute with lessors for $22.5 mn")
Torrent Power hits life high on securing 2k MW energy storage project
Torrent Power secured a LoA from Maharashtra State Electricity Distribution (MSEDCL) and inked a share subscription and shareholders' agreement (SSSA) with Lakshmi Mills and Torrent Urja 17 Private Li
 "Torrent Power hits life high on securing 2k MW energy storage project")
Vodafone Idea falls 9% as company likely fails to submit bank guarantees
Vodafone Idea has reportedly received a notice from the DoT on failing to submit bank guarantees tied to previous spectrum auction dues
 "Vodafone Idea falls 9% as company likely fails to submit bank guarantees")
This jewellery share hits record high as board okays stock split, fundraise
Senco Gold shares rose today after its board, on Friday, approved a fundraising plan via QIP worth Rs 500 crore
 "This jewellery share hits record high as board okays stock split, fundraise")
JK Paper, West Coast Paper Mills: Paper stocks crisp in trade on Friday
Indian Paper Manufacturer Association has requested for imposition of anti-dumping duty on the imports from China and Chile
 "JK Paper, West Coast Paper Mills: Paper stocks crisp in trade on Friday")
Diffusion Engineers lists 15% higher over IPO price on NSE; misses GMP hype
Diffusion Engineers shares listed at a premium of 15.17 per cent at Rs 193.50 on the National Stock Exchange (NSE).
 "Diffusion Engineers lists 15% higher over IPO price on NSE; misses GMP hype")
M&M Finance shares decline 6% after releasing Q2FY25 business update
M&M Finance share price: Shares of M&M Finance slipped after the company said it expects a 1% decline in overall disbursement in the September 2024 quarter
 "M&M Finance shares decline 6% after releasing Q2FY25 business update")
Stocks To Watch: Airtel, Blue Dart, Indian Oil, Bajaj Auto, Tata Power
Stocks to watch today: Blue Dart Express announced a price increase of 9-12 per cent for shipments starting January 1, 2025.
 "Stocks To Watch: Airtel, Blue Dart, Indian Oil, Bajaj Auto, Tata Power")
GE T&D stock hits 5% lower circuit as promoters begin stake sale via OFS
Promoters propose to sell an 11.7 per cent stake in the company equivalent to 30,000,000 equity shares via OFS on September 19 and 20
DCX Systems bags Rs 155-cr order from Israeli defence co; stock rises 5%
DCX Systems received export orders worth Rs 154.8 crore from Elta Systems
 "DCX Systems bags Rs 155-cr order from Israeli defence co; stock rises 5%")
Brigade Enterprises up 5% after launching Rs 1,500 crore QIP
Brigade Enterprises launched a Rs 1,500-QIP after market hours on Monday
 "Brigade Enterprises up 5% after launching Rs 1,500 crore QIP")
Defence stocks tumble up to 27% since Budget presentation; time to buy?
"A correction was needed in defence stocks as they were overvalued after the Interim Budget amid high expectations from the Budget," said Palka Arora Chopra, director of Master Capital Services
 "Defence stocks tumble up to 27% since Budget presentation; time to buy?")
Welspun Living slips over 4% as 2.1 mn shares changed hands via block deals
Promoters were the likely sellers of a 4.6 per cent stake in Welspun Living, according to reports
 "Welspun Living slips over 4% as 2.1 mn shares changed hands via block deals")
Kiri Industries share price leaps over 3% on bourses; here is why?
Kiri Industries is one of the largest manufacturers and exporters of a wide range of dyes, intermediates, and chemicals from India. As of August 29, 2024, the company has a market cap of Rs 2,111 cr
HCL Tech extends agreement with Xerox; stock hits all-time high
HCL Tech will assist Xerox with its reinvention to position the company for long-term profitable and sustainable growth.
 "HCL Tech extends agreement with Xerox; stock hits all-time high")
Hindustan Zinc dividend sweetens deal for offer for sale investors
Commodity major declares second interim dividend of Rs 19 a day after OFS concluded
 "Hindustan Zinc dividend sweetens deal for offer for sale investors")
