Page 497 - Buzzing Stocks
KEC International zooms 8% on securing multiple orders worth Rs 1,007 cr
Among others, the company secured its first order to construct a Multispeciality Hospital in India, on design-build basis.
 "KEC International zooms 8% on securing multiple orders worth Rs 1,007 cr")
Stocks to Watch: Jio Financial, Titan, Gujarat Gas, Tanla Platforms, KEC
Stocks to Watch on August 21, 2023: Jio Financial Services will be listed on the exchanges today. Experts believe the stock could top the Rs 300-mark on listing
 "Stocks to Watch: Jio Financial, Titan, Gujarat Gas, Tanla Platforms, KEC")
RBI appoints P R Seshadri as South Indian Bank MD & CEO; stock zooms 11%
RBI has approved the appointment of P R Seshadri as Managing Director & CEO of the Bank for a period of three years with effect from October 1, 2023.
 "RBI appoints P R Seshadri as South Indian Bank MD & CEO; stock zooms 11%")
RIL rebounds 3% from day's low ahead of Jio Financial listing on August 21
Shares of Reliance Industries touched an intra-day high of Rs 2,576, bouncing back nearly 3 per cent from its intra-day low of Rs 2,508.50 on the BSE
 "RIL rebounds 3% from day's low ahead of Jio Financial listing on August 21")
Gokaldas Exports soars 6%, nears record high on hopes of biz revival in H2
The management said they are optimistic about revival of the business in H2FY24, and are bullish on the long-term prospects of the company
 "Gokaldas Exports soars 6%, nears record high on hopes of biz revival in H2")
Adani Group shares in demand; Adani Power, Energy Solutions surge up to 12%
According to reports, Abu Dhabi National Energy PJSC (TAQA) is looking to double down in India and evaluating a large exposure in the expansive power businesses of Gautam Adani.
 "Adani Group shares in demand; Adani Power, Energy Solutions surge up to 12%")
VIP Ind, NBCC: 5 small-caps to accumulate despite indices staying fragile
Selective small-cap stocks may rally up to 25 per cent, as per their respective charts
 "VIP Ind, NBCC: 5 small-caps to accumulate despite indices staying fragile")
CG Power surges 4% in weak market, hits new high on strong biz outlook
Thus far in the calendar year 2023, the stock has rallied 59 per cent as compared to 6 per cent rise in the S&P BSE Sensex
 "CG Power surges 4% in weak market, hits new high on strong biz outlook")
Sula Vineyards jumps 4% as wine tourism clocks record revenue over weekend
So far this calendar year, the stock of this wine producer has surged 54 per cent, as against a 7 per cent rise in the S&P BSE Sensex
 "Sula Vineyards jumps 4% as wine tourism clocks record revenue over weekend")
Adani Power up 6% in 2-days, hits 7-mth high after GQG Partners stake buy
Promoter Adani family had sold an 8.1 per cent stake, or 312 million equity shares, at an average price of Rs 279.17 per share.
 "Adani Power up 6% in 2-days, hits 7-mth high after GQG Partners stake buy")
Concord Biotech lists at 21% premium over its issue price
The shares of the biopharma company listed at Rs 900, a 21 per cent higher against its issue price of Rs 741 per share on the National Stock Exchange and BSE on Friday.
 "Concord Biotech lists at 21% premium over its issue price")
GMM Pfaudler tanks 11%, hits 52-week low after huge block deal
At 09:15 AM; around 5.92 million equity shares representing 13 per cent of total equity of GMM Pfaudler changed hands at the counter on the BSE, the exchange data shows.
 "GMM Pfaudler tanks 11%, hits 52-week low after huge block deal")
Stocks to Watch today, Aug 18: Concord, Adani Group, JSW Steel, EKI Energy
Stocks to watch on August 18, 2023: The Rekha Jhunjhunwala backed IPO, Concord Biotech, is set to debut on the bourses today at 10-15 per cent premium to its issue price.
 "Stocks to Watch today, Aug 18: Concord, Adani Group, JSW Steel, EKI Energy")
Bata India rallies 6% on report company in talks to tie-up with Adidas
The footwear company is in talks with German sportswear giant Adidas for a strategic partnership for the Indian market, a report said
 "Bata India rallies 6% on report company in talks to tie-up with Adidas")
REC soars 46% in 1 month; enters top-100 most valued firms by m-cap chart
With Government of India, setting and pursuing the target of achieving 500 GW of renewable energy capacity by 2030, energy transition is expected to drive significant investment in the power sector.
 "REC soars 46% in 1 month; enters top-100 most valued firms by m-cap chart")
HBL Power hits new high on healthy outlook; zooms 155% in three months
The Cabinet Committee on Economic Affairs on Wednesday approved seven multi-tracking projects at an estimated cost of Rs 32,500 crore, under the PM Gati Shakti National Master Plan.
 "HBL Power hits new high on healthy outlook; zooms 155% in three months")
IRFC slumps 6% as govt eyes 11% stake sale via OFS, stock up 49% in 2023
News agency Reuters reported the government will aim to sell up to 11 per cent stake in IRFC in multiple tranches, but it is yet to decide the exact quantum of sale
 "IRFC slumps 6% as govt eyes 11% stake sale via OFS, stock up 49% in 2023")
ITC hits 2-month low; stock down 12 per cent from record high
The board of ITC on Monday approved the Hotel demerger, with share entitlement ratio of 10:1 for the demerged entity.
 "ITC hits 2-month low; stock down 12 per cent from record high")
FMCGs extend fall on RBI's warning of higher inflation; more pain on cards?
Barring Varun Beverages that reached a new all-time high and Colgate Palmolive (India), other FMCG stocks trade fragile.
 "FMCGs extend fall on RBI's warning of higher inflation; more pain on cards?")
GE T&D extends rally on strong order wins in Q1; soars 42% so far in August
So far in the current calendar year, the stock has zoomed 212 per cent, as against 7 per cent rise in the S&P BSE Sensex.
 "GE T&D extends rally on strong order wins in Q1; soars 42% so far in August")