Page 7 - Buzzing Stock

Abha Power & Steel IPO listing: Stock hits lower circuit post decent debut

In few minutes of listing , around 10:06 AM, the stock slipped 2.32 per cent or Rs 1.9 at Rs 80 per share

Biocon rises 3% after its arm gets US FDA nod for psoriasis drug YESINTEK

Biocon Biologics Ltd had previously notified on February 29, 2024, that the company had entered into a settlement and licensing agreement with Janssen

Tube Investments rises 7% on acquiring 67% stake in Kcaltech for Rs 62 cr

Tube Investments proposes to acquire 2,24,08,313 equity shares of Kcaltech representing 67 per cent of its equity share capital

This microcap IT stock zoomed 15% as board nods stock split; Check details

The board approved the stock split of equity shares having a face value of Rs 5 each into such a number of shares having a face value of Rs 2 each fully paid up

VST Ind gains 5% after selling 2.7 acre land for Rs 101.7 cr in Hyderabad

The land was sold to ViNS Bioproducts Ltd and Kushboo Mundra/ Jaya Shridas Daga

Ircon International rises 8% on getting 'IVR AAA' rating from Infomerics

The rating has been assigned to the company by Infometrics as a part of a regular rating exercise

RVNL surges 10% on bagging Rs 837 crore order from Eastern Railway

As per the deal, RVNL will carry out earthwork in cutting and filling, blanketing, construction of minor bridges, major bridges, RUB, ROB, etc work between Kalipahari to Pradhankhuta

Wipro jumps 3% as board fixes record date for bonus issue; Check details

Wipro's board on October 17, 2024, approved the bonus issue in the proportion of 1 :1 which implies 1 bonus share of Rs 2 each for every 1 fully paid-up equity share held

Innovators Facade up 10% on securing Rs 110-cr order from Prestige Mulund

The work order from Prestige Mulund Realty is for designing, developing, supplying, fabricating and installing façade work including stone cladding

This garment co's stock hits 5% upper circuit after acquiring Gini & Jony

With this acquisition the company will help company in fulfilling itrs vision to dominate the kidswear market

VIP Ind up 7% on reports Advent Int'l may acquire controlling stake

The promoters of VIP Industries have put their entire stake (51.74 percent) up for sale, which could trigger an open offer as per regulatory guidelines, the report added

Strides Pharma rises 4% after NCLT nods creation of OneSource

Following this approval, OneSource will advance towards listing its equity shares on the BSE and NSE

Britannia Industries share price dips 3%; here's what's dragging stock

Britannia Industries shares slipped 3 per cent in trade and registered an intraday low of Rs 4,748.15 per share

Godawari Power rises 3% as co to acquire 51% stake in JPL for Rs 255 cr

The increase in the Godawari Power & Ispat stock price follows the announcement that its board of directors approved the acquisition of a 51 per cent stake in Jammu Pigments (JPL) for Rs 255 crore

Telecom stocks mixed after SC allows to claim tax credits on infra duties

Bharti Airtel and Indus Towers shares rose in the early trade, while Vodafone Idea slipped after SC allowed telcos could avail themselves of central value-added tax (cenvat) credit on infra

Repco Home Finance stock price rallies 8% as Q2 profit jumps over 15% YoY

Repco Home Finance's standalone profit rose 15.3 per cent year-on-year (Y-o-Y) to Rs 113 crore in Q2FY25, from Rs 98 crore in the same quarter a year ago (Q2FY24)

Ashok Leyland up 4% after targeting Ebitda break-even for its arm in FY25

Hinduja expects Switch India to achieve Ebitda (earnings before interest, taxes, depreciation, and amortisation) break-even during the current financial year

Nazara Tech up 4% as arm acquires UK's growth marketing agency for Rs 52-cr

The acquisition will enable Datawrkz's growth across Europe and North America, positioning it as a scaled player in the global digital advertising market

Zomato share price slips 3% as company clarifies hiking platform fees

Zomato said that hiking platform fees was not a rumor, as the source of information mentioned in the article is the Zomato mobile application itself.

Tata Communications up 3% on tie up with Nvidia for AI cloud infra in India

Tata Communications will upgrade its Artificial Intelligence (AI) cloud infrastructure in India in collaboration with Nvidia