Page 500 - Buzzing Stocks
CMS Info Systems tumbles 9% after huge block deal on BSE
At 09:38 AM; around 30.6 million equity shares representing 19.85 per cent of total equity of CMS Info Systems changed hands on the BSE, the exchange data shows.
 "CMS Info Systems tumbles 9% after huge block deal on BSE")
Force Motors surges 10%, hits over 5-year high on stellar Q1 performance
Thus far in the current financial year 2023-24, the stock has zoomed 161 per cent, as compared to 11.6 per cent rise in the S&P BSE Sensex.
 "Force Motors surges 10%, hits over 5-year high on stellar Q1 performance")
Stocks to Watch today, Aug 10: Rate sensitives, IRCTC, Bata, Force Motors
Stocks to watch on August 10, 2023: Shares of rate sensitive sectors, such as auto, banks and real-estate will be in focus on Thursday as RBI announces its policy decision.
 "Stocks to Watch today, Aug 10: Rate sensitives, IRCTC, Bata, Force Motors")
IRFC marches to new high; stock zooms 38% in a week on stable outlook
The company will continue to receive timely funding from the government through favourable lease agreement, owing to its strategic role as a dedicated funding arm of Indian Railways
 "IRFC marches to new high; stock zooms 38% in a week on stable outlook")
Shyam Metalics hits 10% upper circuit post July sales numbers
The stock has rallied nearly 77 per cent so far this fiscal year as against a 12 per cent rally on the benchmark Nifty 50.
 "Shyam Metalics hits 10% upper circuit post July sales numbers")
Kalyan Jewellers jumps 5% to hit record high on solid Q1 results
So far this calendar year, the stock of this Kerala-based company surged 49 per cent, as against an 8 per cent rise in the S&P BSE Sensex
 "Kalyan Jewellers jumps 5% to hit record high on solid Q1 results")
Adani Wilmar slips 5% on report Adani Enterprises looking to exit company
Adani Enterprises is exploring selling its stake in its consumer-staple joint venture with Wilmar International Ltd., freeing up capital for their core business, Bloomberg reported
 "Adani Wilmar slips 5% on report Adani Enterprises looking to exit company")
HCC zooms 15% to hit over 5-year high on heavy volumes
For the June quarter (Q1FY24), HCC had reported a consolidated profit of Rs 52.70 crore, as compared to a loss of Rs 280.70 crore in a year ago quarter.
 "HCC zooms 15% to hit over 5-year high on heavy volumes")
Dr Reddy's hits new high, soars 13% in 1 month; m-cap nears Rs 1-trn mark
The stock hit a new high at Rs 5,850 on gaining 3 per cent in an otherwise weak market.
 "Dr Reddy's hits new high, soars 13% in 1 month; m-cap nears Rs 1-trn mark")
SBI, PNB: Here's how to trade banks post Q1 results and ahead of RBI Policy
Post Q1 results, major banking stocks have lost the upside bias. Most stocks are facing hurdles at upper levels.
 "SBI, PNB: Here's how to trade banks post Q1 results and ahead of RBI Policy")
IdeaForge slips 6%, hits lowest level since listing post Q1 results
The stock was quoting lower for the sixth straight day, falling 13 per cent during the period
 "IdeaForge slips 6%, hits lowest level since listing post Q1 results")
Ircon International surges 8% on healthy Q1 results, order book
As on June 30, 2023, Ircon total order book position stood at Rs 32,486 crore, of which orders worth of Rs 23,613 crore were from railways.
 "Ircon International surges 8% on healthy Q1 results, order book")
Stocks to Watch today, Aug 09: Adani Group, CIL, IRCTC, Tata Power, Siemens
Stocks to watch on August 09, 2023: Shares of Adani Enterprises and Adani Wilmar are likely to be in focus on Wednesday amid reports of stake sale in the latter company.
 "Stocks to Watch today, Aug 09: Adani Group, CIL, IRCTC, Tata Power, Siemens")
Indian Bank soars 10% on heavy volumes; hits 5-year high in subdued market
The stock hit a 5-year high of Rs 381.40 and has zoomed 35% in two months and is inching towards its record high level of Rs 428 touched in November 2017
 "Indian Bank soars 10% on heavy volumes; hits 5-year high in subdued market")
Hero MotoCorp rides 4% higher on strong Harley Davidson X440 bookings
In an exchange filing, the company said that it would start production of the Harley Davidson X440 in September 2023 and commence deliveries from October onwards
 "Hero MotoCorp rides 4% higher on strong Harley Davidson X440 bookings")
HPL Electric & Power freezes at 5% upper circuit on Rs 417-crore order win
With this, the total pending order book pipeline now stands at Rs 2,267 crore
 "HPL Electric & Power freezes at 5% upper circuit on Rs 417-crore order win")
NLC India climbs over 12-year peak, rallies 5% on stable outlook
The company is hopeful that the possession of the required land will be made available at the earliest and will reach to the lignite production level as per the requirement of thermal power station.
 "NLC India climbs over 12-year peak, rallies 5% on stable outlook")
Caplin Point rallies 12%, hits 52-week high on strong Q1 results
With a healthy order book, company targets 40-50 per cent growth in revenues in FY24.
 "Caplin Point rallies 12%, hits 52-week high on strong Q1 results")
RateGain Travel jumps 9% to hit a new high on healthy Q1 results
The stock surpassed its previous high of Rs 511, touched on August 7, 2023
 "RateGain Travel jumps 9% to hit a new high on healthy Q1 results")
Gland Pharma freezes at 20% upper circuit on strong June quarter show
The firm's gross profit margin was up 700 bp year-on-year (YoY) to 63 per cent for Q1 due to lower raw material costs. On a sequential basis, gross profit margin improved by 900 bp from 54 per cent
 "Gland Pharma freezes at 20% upper circuit on strong June quarter show")