Page 486 - Buzzing Stocks
Glenmark Pharma slips 5% on inking deal to sell 75% stake GLS to Nirma
The company announced that it will sell 75 per cent stake in Glenmark Life Sciences (GLS) to Nirma for Rs 5,652 crore at Rs 615 per share.
 "Glenmark Pharma slips 5% on inking deal to sell 75% stake GLS to Nirma")
KSB soars 12%, hits new high on strong biz outlook, healthy order intake
Government's focus on irrigation projects, drinking water supply, sanitation projects, and urban housing is expected to drive the demand for pumps in the water segment
 "KSB soars 12%, hits new high on strong biz outlook, healthy order intake")
Nykaa, Paytm, Zomato: Canadian FPI-held stocks take a hit on widening rift
Stocks held by Canada Pension Plan Investment Board (CPPIB), which is among the biggest FPIs investing in the domestic market, have come under pressure since developments on the India-Canada tensions
 "Nykaa, Paytm, Zomato: Canadian FPI-held stocks take a hit on widening rift")
Nava surges 13%, hits record high in weak market on heavy volumes
In past four months, the stock price of Nava has appreciated by 84 per cent after the company recorded a remarkable financial performance for June quarter (Q1FY24).
 "Nava surges 13%, hits record high in weak market on heavy volumes")
EMS makes strong debut in weak mkt, lists at 34% premium over issue price
The stock listed at Rs 282.05, a 34 per cent premium over its issue price of Rs 221 per share on the National Stock Exchange
 "EMS makes strong debut in weak mkt, lists at 34% premium over issue price")
SJVN slips 10% as government begins partial stake sale via OFS
The government will sell 96.67 million shares, or 2.46 per cent stake, in the company with an option to sell additional 2.46 per cent stake under offer for sale (OFS) route on Thursday and Friday.
 "SJVN slips 10% as government begins partial stake sale via OFS")
Stocks to Watch on Sept 21: Infosys, Sheela Foam, SJVN, Cipla, DCB Bank
Stocks to Watch today, September 21, 2023: The government will sell up to 4.9 per cent stake in SJVN via offer for sale (OFS) on Thursday and Friday
 "Stocks to Watch on Sept 21: Infosys, Sheela Foam, SJVN, Cipla, DCB Bank")
IFCI zooms 28% in 2 days, hits over 5-year high on huge volumes
Till 02:29 PM: a combined 172 million equity shares representing nearly 7 per cent of total equity of IFCI had changed hands on the NSE and BSE.
 "IFCI zooms 28% in 2 days, hits over 5-year high on huge volumes")
Surya Roshni gains 4% in weak market on fixing record date for stock split
The company has fixed October 6, 2023 as the record date, for the purpose of ascertaining the eligibility of shareholders entitled for subdivision of equity share in a ratio of 2:1.
Reliance Industries slides 3% to two-month low; volumes surge on block deal
Till 11:03 AM; around 23 million equity shares, representing 0.35 per cent of total equity of RIL, had changed hands on the NSE, the exchange data shows
 "Reliance Industries slides 3% to two-month low; volumes surge on block deal")
Blue Star surges 15%, hits record high on launch of Rs 1,000 cr QIP issue
The company proposed to raise around Rs 1,000 crore at a floor price of Rs 784.55 per equity share.
 "Blue Star surges 15%, hits record high on launch of Rs 1,000 cr QIP issue")
R R Kabel lists at 14% premium over issue price in a weak market
The stock listed at Rs 1,180, a 14 per cent premium over its issue price of Rs 1,035 per share on the National Stock Exchange.
 "R R Kabel lists at 14% premium over issue price in a weak market")
Karnataka Bank gains 4%, hits over 15-year high on fund raising plans
The board of the private sector lender is scheduled to meet on Friday, September 22, 2023 to consider the raising of funds by issue of equity shares / any other equity linked securities.
 "Karnataka Bank gains 4%, hits over 15-year high on fund raising plans")
PSB shares rally; IOB, PSB, Central Bank, Uco Bank surge over 40% in 4 days
Nifty PSU Bank index hit a new high today, and was the top gainer among sectoral indices, up nearly 4 per cent
 "PSB shares rally; IOB, PSB, Central Bank, Uco Bank surge over 40% in 4 days")
HFCL soars 7% on winning Rs 1,015 cr order from Madhya Pradesh govt firm
The company has secured an order aggregating Rs 1,015 crore from Madhya Pradesh Jal Nigam, a Government of Madhya Pradesh Undertaking (MPJN).
 "HFCL soars 7% on winning Rs 1,015 cr order from Madhya Pradesh govt firm")
Titan gains 2%, hits new high on hopes of healthy operational performance
Thus far in the financial year 2023-24, Titan has outperformed the market by surging 32 per cent as compared to 15 per cent gain in the S&P BSE Sensex
 "Titan gains 2%, hits new high on hopes of healthy operational performance")
Stock of this GMR Group company has zoomed over 100% in past one month
Shares of GMR Power and Urban Infra surged 10% to Rs 46.29 on the BSE in Monday's intra-day trade and have zoomed 39% in the past four trading days
 "Stock of this GMR Group company has zoomed over 100% in past one month")
Jupiter Life Line makes strong debut; lists at 32% premium over issue price
Post-listing, the stock extended gains and moved 40 per cent higher to Rs 1,028 over its issue price
Sensex extends winning run into 11th day, gains 320 pts; Nifty nears 20,200
CLOSING BELL ON SEPTEMBER 15, 2023: The BSE Sensex hit a new life-time high at 67,927, and the Nifty registered a peak at 20,222 on Friday
 "Sensex extends winning run into 11th day, gains 320 pts; Nifty nears 20,200")
Mahindra & Mahindra surges 3%; market cap touches Rs 2 trillion-mark
Along with a strong order book in the SUV segment and a leading position in the domestic tractor segment, M&M is now gradually introducing its global portfolio to expand its addressable market
 "Mahindra & Mahindra surges 3%; market cap touches Rs 2 trillion-mark")