Page 474 - Buzzing Stocks
ESAF Small Finance Bank makes strong debut, lists at 20% premium
At 10:01 AM, ESAF SFB was quoting at Rs 73.65, 23 per cent higher over its issue price of Rs 60
 "ESAF Small Finance Bank makes strong debut, lists at 20% premium")
Campus Activewear tanks 10%; hits new low on weak Q2 results
The company experienced subdued performance amid reduced sales volumes during the quarter due to a difficult macro-economic environment and some channel inventory correction, the management said.
 "Campus Activewear tanks 10%; hits new low on weak Q2 results")
Stocks to Watch today: Tata Motors, ZEE, Ashok Leyland, GIC, Aurobindo, HGS
Stocks to watch on Friday, November 10, 2023: Biocon, Hindustan Aeronautics, Hindalco, LIC, M&M, ONGC, SAIL and Tata Chemicals among prominent companies scheduled to announce Q2 results today.
 "Stocks to Watch today: Tata Motors, ZEE, Ashok Leyland, GIC, Aurobindo, HGS")
Neuland Labs surges 36% in 4 days on robust Q2 results; up 270% in 9 months
The EBITDA margin improvement of 980 bps points to 33.4 per cent is a result of not only the revenue momentum but also a shift towards high margin business, the management said.
 "Neuland Labs surges 36% in 4 days on robust Q2 results; up 270% in 9 months")
MTAR Tech tanks 12% as company cuts FY24 revenue, Ebitda guidance
The company cut guidance due to deferment of shipment plans against the confirmed orders from Clean Energy
 "MTAR Tech tanks 12% as company cuts FY24 revenue, Ebitda guidance")
Eris up 8% as it plans to acquire nephro, derma units of Biocon Biologics
The deal consideration is Rs 366 crore inclusive of working capital, and will be funded partly through debt financing
 "Eris up 8% as it plans to acquire nephro, derma units of Biocon Biologics")
Stock of this iron & steel company zoomed 130% in 7 months; hits 15-yr high
Welspun Corp surged 7 per cent to Rs 489.30 on the BSE, its highest level since February 200
 "Stock of this iron & steel company zoomed 130% in 7 months; hits 15-yr high")
Brigade Enterprises surges 7%, hits new high on strong Q2 results
With a robust pipeline of launches in Bengaluru, Chennai, and Hyderabad, the management is confident that the company will sustain the momentum going forward
 "Brigade Enterprises surges 7%, hits new high on strong Q2 results")
Stocks to Watch: Vedanta, Adani Ports, Lupin, Tata Power, MCX, BHEL, IFCI
Stocks to watch on Thursday, November 09, 2023: Adani Ports Sri Lankan JV to get $553 mn funding from the US DFC. Patanjali, Phoenix Mills and Brigade Enterprises to react to strong jump in Q2 profit.
 "Stocks to Watch: Vedanta, Adani Ports, Lupin, Tata Power, MCX, BHEL, IFCI")
Stock of this Tata Group company has doubled in the past 10 months
Trent on Tuesday reported a strong 55.6 per cent year-on-year (YoY) jump in its Q2 standalone net profit to Rs 289.70 crore
 "Stock of this Tata Group company has doubled in the past 10 months")
Prince Pipes zooms 13% on healthy operational performance in Q2
Improving product mix, stringent input cost control, efficient marketing strategy, and good volume growth have translated into strong margin expansion during the quarter, the management said
 "Prince Pipes zooms 13% on healthy operational performance in Q2")
Stocks to Watch today: RIL, Apollo Tyres, IRCTC, IndiGo, Dilip Buildcon
Stocks to watch on Wednesday, November 08, 2023: Reliance lines-up biggest-ever bond sale worth Rs 24,000 crore; Apollo Tyres, Dilip Buildcon post bumper profit in Q2, stocks likely to react today.
 "Stocks to Watch today: RIL, Apollo Tyres, IRCTC, IndiGo, Dilip Buildcon")
RR Kabel soars 10% on strong Q2 performance; zooms 50% over its issue price
Throughout the past six months, RR Kabel has demonstrated a promising performance, marked by strong growth in its sales volume
 "RR Kabel soars 10% on strong Q2 performance; zooms 50% over its issue price")
Oil & gas shares in demand; ONGC hits 5-year high; HPCL soars 6%, IOCL 4%
In Q2, HPCL logged a consolidated net of Rs 5,827 crore, compared to a loss of Rs 2,476 crore in year ago quarter. Revenue, however, dipped 9.7 per cent YoY to Rs 1.02 lakh crore.
 "Oil & gas shares in demand; ONGC hits 5-year high; HPCL soars 6%, IOCL 4%")
Varun Beverages hits new high, gains 4% on healthy Q3 results
In Q3CY23, Ebitda margins improved by 79 bps to 22.8 per cent Y-o-Y driven by higher gross margins and operational efficiencies
 "Varun Beverages hits new high, gains 4% on healthy Q3 results")
Mamaearth debuts on a quiet note; lists at 2% premium over its issue price
The stock of personal care products company listed at Rs 330 on the NSE, while the stock opened at par against its issue price of Rs 324 on the BSE.
 "Mamaearth debuts on a quiet note; lists at 2% premium over its issue price")
Indo Count surges 8%; stock nears record high on strong Q2 results
The company registered its highest-ever quarterly revenue, volumes and Ebitda during the September quarter.
 "Indo Count surges 8%; stock nears record high on strong Q2 results")
Stocks to Watch today: Bajaj Finance, Nykaa, HPCL, IRCTC, RR Kabel, Sobha
Stocks to watch on Tuesday, November 7, 2023: Apollo Tyres, Balrampur Chini, CRISIL, IRCTC and Power Grid Corporation among prominent companies scheduled to announce results today.
 "Stocks to Watch today: Bajaj Finance, Nykaa, HPCL, IRCTC, RR Kabel, Sobha")
Cello World makes strong debut, lists at 28% premium over issue price
The stock of the houseware company listed at Rs 831, a 28 per cent premium over its issue price of Rs 648 per share on the BSE
JSW Infra hits new high, freezes at 10% upper circuit on strong Q2 results
The stock hit a new high of Rs 188.75 and was trading at 59 per cent premium over its issue price of Rs 119 on the BSE
 "JSW Infra hits new high, freezes at 10% upper circuit on strong Q2 results")