Page 469 - Buzzing Stocks
DCB Bank gains 5% as Aga Khan Fund mulls fund infusion of $10 million
The purpose is to further strengthen the bank's capital position and support its growth plans
 "DCB Bank gains 5% as Aga Khan Fund mulls fund infusion of $10 million")
Adani group stks zoom up to 19%; Adani Green, Ambuja regain Rs 1 trn m-cap
In the past two trading days Adani Group stocks have surged close to 31 per cent in anticipation that India shall witness a stable government post the 2024 general elections.
 "Adani group stks zoom up to 19%; Adani Green, Ambuja regain Rs 1 trn m-cap")
PSBs extend rally; Union, Canara, PNB hit 52-week highs; SBI crosses Rs 600
The Nifty PSU Bank index hit a record high of 5,418.70 in intraday trade on Tuesday, surpassing its previous high of 5,396.85 touched on October 3, 2023
 "PSBs extend rally; Union, Canara, PNB hit 52-week highs; SBI crosses Rs 600")
Stocks to Watch today, Dec 5: Honasa, M&M Fin, HCL Tech, Gulshan Polyols
Stocks to Watch on Tuesday, December 5, 2023: Reports suggest Fireside Ventures Investment Fund may divest 1.9 per cent stake in the parent company of Mamaearth via block deals for Rs 230 crore
 "Stocks to Watch today, Dec 5: Honasa, M&M Fin, HCL Tech, Gulshan Polyols")
L&T surges 5% to hit fresh high; surpasses its buyback price of Rs 3,200
In the past month, the stock price of L&T has outperformed the market by surging 15 per cent as compared to a nearly 6 per cent rise in the S&P BSE Sensex
 "L&T surges 5% to hit fresh high; surpasses its buyback price of Rs 3,200")
Inox Wind soars 14% as promoter completes Rs 800 crore fund infusion
Inox Wind announced the completion of infusion of around Rs 800 crore (before taxes and fees) into the company by its promoter Inox Wind Energy Limited (IWEL).
 "Inox Wind soars 14% as promoter completes Rs 800 crore fund infusion")
Stock of this OMC has zoomed 54% in 5 weeks; trades at over five-year high
Shares of HPCL surged 10 per cent to Rs 378.80, its highest level since March 2018 on the BSE in Monday's intra-day trade on the back of heavy volumes.
 "Stock of this OMC has zoomed 54% in 5 weeks; trades at over five-year high")
PFC enters club of 50 most valued firms; REC m-cap crosses Rs 1 trn
With an m-cap of Rs 1.26 trillion, PFC became the 50th most-valued listed firm, while the m-cap of REC hit Rs 1 trillion for the first time ever
 "PFC enters club of 50 most valued firms; REC m-cap crosses Rs 1 trn")
Adani group shares rally; Adani Green, Enterprises, Power surge up to 15%
Last week, the Supreme Court reserved its judgement on the charges made by the Hindenburg report
Stock of this EMS player hit 52-week high today; stock up 41% in 6 months
Shares of Dixon Technologies sprinted 9.5 per cent and hit a fresh 52-week high of Rs 6,034.75 apiece on the BSE
 "Stock of this EMS player hit 52-week high today; stock up 41% in 6 months")
Hindustan Aeronautics up for 6th straight day; soars 5% on healthy outlook
In the past 10 months, the stock price of HAL has zoomed 111 per cent. Moreover, from its March 2020 low, it has skyrocketed 1,016 per cent
 "Hindustan Aeronautics up for 6th straight day; soars 5% on healthy outlook")
Flair Writing makes strong debut, lists at 65% premium over its issue price
The stock listed at Rs 503 on the BSE and at Rs 501 on the NSE. The issue price was Rs 304 per share
 "Flair Writing makes strong debut, lists at 65% premium over its issue price")
Power stocks on a roll; PFC, REC, NTPC surge up to 9%, hit new highs
At 10:41 AM, the S&P BSE Power index, the top gainer among sectoral indices, was up 2.5 per cent, as compared to 0.68 per cent rise in the S&P BSE Sensex.
ITD Cementation soars 13% on Rs 1,001 crore order-win; zooms 54% in 1 month
The company has secured a contract for civil and hydro-mechanical works of 500 MW hydel power, pumped storage project worth approximately Rs 1,001 crore excluding GST in Andhra Pradesh
 "ITD Cementation soars 13% on Rs 1,001 crore order-win; zooms 54% in 1 month")
Stocks to Watch today: Flair Writing, UltraTech, Kesoram, Honasa, Whirlpool
Stocks to watch on Friday, December 01, 2023: Flair Writing to debut today. UltraTech and Kesoram in focus post all-stock merger deal.
 "Stocks to Watch today: Flair Writing, UltraTech, Kesoram, Honasa, Whirlpool")
Metro Brands, Nykaa soar up to 9% on inking licensing pact with Foot Locker
Shares of Metro Brands surged 9 per cent to hit a new high of Rs 1,440.45, while Nykaa gained 3.5 per cent to Rs 178.20 on the BSE in intra-day trade today
 "Metro Brands, Nykaa soar up to 9% on inking licensing pact with Foot Locker")
Fedbank Financial makes weak debut; lists at 2% discount to issue price
Fedbank Financial is a retail-focused NBFC promoted by Federal Bank which focuses on Micro, Small & Medium Enterprises (MSMEs) and the emerging self-employed individuals (ESEIs) sector.
 "Fedbank Financial makes weak debut; lists at 2% discount to issue price")
Market-cap of this Tata Group stock nears Rs 1 trillion; surges 24% in Nov
Trent's market cap touched Rs 98,399 crore in intra-day trade on Thursday as the stock hit a new high of Rs 2,768 on the BSE
 "Market-cap of this Tata Group stock nears Rs 1 trillion; surges 24% in Nov")
IREDA extends rally in weak market; stock zooms 115% against issue price
The stock hit a new high of Rs 68.91 on the BSE in intra-day trade today, has zoomed 115% against its issue price of Rs 32 per share on the BSE.
 "IREDA extends rally in weak market; stock zooms 115% against issue price")
Tata Tech lists at 140% premium; Should you buy, sell or hold the stock?
The handsome gains were expected due to the robust demand for the IPO, which was subscribed 69 times against the shares on offer
 "Tata Tech lists at 140% premium; Should you buy, sell or hold the stock?")