Page 21 - Buzzing Stocks
Kirloskar Pneumatic Company zooms 13% on posting Q4 results; PAT up 79%
Kirloskar Pneumatic Company posted a consolidated net profit of ₹143.8 crore for Q4, as compared to ₹80.3 crore a year ago, up 79 per cent
 "Kirloskar Pneumatic Company zooms 13% on posting Q4 results; PAT up 79%")
Tamilnad Mercantile Bank zooms 13% to hit 52-Week high on steady Q4 results
The bank also announced that its board of directors had recommended a final dividend of ₹12.50 per equity share (125 per cent of the face value of ₹10 each) for the financial year 2025-26
 "Tamilnad Mercantile Bank zooms 13% to hit 52-Week high on steady Q4 results")
Sterling Tools shares jump 10% on tech tie-up with China's Nanjing Haohang
The buying on the counter came after the company entered into a technical collaboration agreement and supply agreement with China's Nanjing Haohang Technology Co
 "Sterling Tools shares jump 10% on tech tie-up with China's Nanjing Haohang")
TARIL shares jump 10% on ₹150 crore order win; stock up 25% in 1 month
TARIL is engaged in the design, engineering, manufacturing, testing, and supply of a wide range of transformers and reactors.
 "TARIL shares jump 10% on ₹150 crore order win; stock up 25% in 1 month")
RBI's nod for NBFC licence sends MobiKwik shares flying 20% on bourses
The NBFC's operations, however, will commence upon receipt of the Certificate of Registration (CoR) from the RBI, subject to the fulfilment of certain conditions
 "RBI's nod for NBFC licence sends MobiKwik shares flying 20% on bourses")
Dynamatic Tech gains 6% to hit 52-week high; up 29% in April; here's why
For the month to date, Dynamatic Technologies share price has advanced 39.53 per cent, according to NSE data
 "Dynamatic Tech gains 6% to hit 52-week high; up 29% in April; here's why")
Tanla Platforms jumps 15% on announcing healthy Q4 results, ₹6 dividend
In Q4, Tanla Platforms reported consolidated net profit at ₹134.32 crore, as compared to ₹117.33 crore year-on-year (Y-o-Y), up 14.6 per cent.
 "Tanla Platforms jumps 15% on announcing healthy Q4 results, ₹6 dividend")
Torrent Power hits 52-week high; up 39% April: what's driving the rally?
Torrent Power is engaged in power generation, transmission and distribution businesses.
 "Torrent Power hits 52-week high; up 39% April: what's driving the rally?")
IndusInd Bank shares jump 6% on posting Q4 results; few brokerages raise TP
IndusInd Bank posted a net profit of ₹594.17 crore for Q4, as compared to a net loss of ₹288.71 crore a year ago.
 "IndusInd Bank shares jump 6% on posting Q4 results; few brokerages raise TP")
Paytm share price tumbles 8% after RBI cancels Payments Bank licence
Paytm share price today: Paytm Payments Bank was barred from onboarding new customers with effect from March 11, 2022.
 "Paytm share price tumbles 8% after RBI cancels Payments Bank licence")
Cohance Lifesciences shares zoom 20% to hit upper circuit; here's why
Cohance Lifesciences share price today: Cohance Lifesciences, a contract development and manufacturing organisation, has appointed Cipla's ex-CEO Umang Vohra as its executive chairman and group CEO.
 "Cohance Lifesciences shares zoom 20% to hit upper circuit; here's why")
Eternal Q4 preview: PAT may jump 263% YoY; Blinkit, FD growth in focus
Eternal Q4 preview: Brokerages tracked by Business Standard estimate Eternal's net profit at an average of ₹141.75 crore, up 263.46 per cent year-on-year (Y-o-Y)
 "Eternal Q4 preview: PAT may jump 263% YoY; Blinkit, FD growth in focus")
Infosys slips 7% to 52-week low on weak FY27 guidance, AI deflation fears
Infosys guided for a modest 1.5-3.5 per cent revenue growth in constant currency (CC) for FY27, lower than last year's 3-3.5 per cent outlook
 "Infosys slips 7% to 52-week low on weak FY27 guidance, AI deflation fears")
Ashish Kacholia portfolio stock Shaily Engineering soars 31% in 3 days
The average trading volumes at the Shaily Engineering counter more than doubled with a combined 1.5 million shares changing hands on the NSE and BSE in Friday's intra-day trade.
 "Ashish Kacholia portfolio stock Shaily Engineering soars 31% in 3 days")
Mahindra Logistics falls 9% despite strong Q4 results; revenue jumps 14%
Mahindra Logistics stock was trading 7.66 per cent lower at ₹408.80, compared to the previous session's close of ₹442.7 on the NSE
 "Mahindra Logistics falls 9% despite strong Q4 results; revenue jumps 14%")
Onesource Specialty Pharma up 5% in weak market; rallies 21% in one week
The company will continue to derive strength from the existence of experienced promoters and positive outlook for the GLP1 segment, which is expected to yield revenue to the company from FY27 onwards.
 "Onesource Specialty Pharma up 5% in weak market; rallies 21% in one week")
Gujarat Themis Biosyn zooms 14% on acquiring Sanofi's TB drug portfolio
The buying on the counter came after Gujarat Themis Biosyn signed an Asset Purchase Agreement with Sanofi to acquire a portfolio of 13 established branded generic anti TB products
 "Gujarat Themis Biosyn zooms 14% on acquiring Sanofi's TB drug portfolio")
LTM shares fall 5% after posting Q4 results; brokerages trim target price
LTM posted a 23 per cent year-on-year (Y-o-Y) increase in net profit to ₹1,392.3 crore for Q4, as compared to ₹1,128.5 crore a year ago
Cochin Shipyard shares up 40% in April so far; time to buy or book profit?
Cochin Shipyard is a Miniratna company under the Ministry of Ports, Shipping, and Waterways.
 "Cochin Shipyard shares up 40% in April so far; time to buy or book profit?")
Azad Engg hits record high, up 51% in a month; what's fueling the buying?
In the past month, Azad Engineering shares have zoomed 51 per cent, as against a 6 per cent fall in the benchmark Sensex.
 "Azad Engg hits record high, up 51% in a month; what's fueling the buying?")