Page 502 - Buzzing Stocks

Dabur soars 7%, nears 52-week high as Q1 results boasts of rural recovery

According to the management, with a little negative impact from beverage portfolio, mid-single volume growth should be possible in the near term in the India business

MRF gains 4%, hits new high in weak market on strong Q1 results

The benefits of lower raw material cost resulted in better profitability during the quarter

Dixon Tech, Optiemus, HCL Info rally 8-9% on laptops, tablets import curbs

Dixon Technologies surged 8 per cent to its intra-day high of Rs 4,467 apiece. HCL Infosystems rallied 9 per cent to a high of Rs 17.40 and Optiemus Infracom jumped 8 per cent

Sun Pharma Q1 net profit drops 2% YoY, Revenue up 11%; US sales at $471 mn

Sun Pharma Q1 results: The net profit was reported after accounting for an exceptional loss of Rs 323 crore. EBITDA margin for Q1 came at 27.9 per cent over 26.8 per cent reported in Q1FY23

KSB zooms 19% in a weak market on healthy June quarter performance

The Government's focus on irrigation projects, drinking water supply, sanitisation projects and urban housing is expected to drive the demand for pumps in the water segment

Varun Beverages rises 3% on strong Q2 results; stock up 26% so far in 2023

The company's revenue rose 13 per cent year-on-year (YoY) to Rs 5,611 crore in the second quarter of calendar year 2023 (Q2CY23)

FDC surges 10% as board to consider buyback on August 9

Since April, the stock price of FDC has appreciated 48 per cent as compared to 11.2 per cent rise in the S&P BSE Sensex

UPL slips 5%, hits over 2-year low on weak June quarter results

The management said the market is witnessing pricing pressure given the high base of previous year and aggressive price competition has seen from the Chinese post patent exporters.

D-Mart, HUL: These bull riders have dipped below 200-SMA as markets tumble

Hindustan Unilever to hit new 52-week low if the support of Rs 2,520 is breached

Ambuja Cements gains 3% on acquisition of Sanghi Industries for Rs 5,000 cr

ACL will acquire 56.74 per cent shares of SIL from its existing promoter group, Ravi Sanghi & family.

Titan dips nearly 3% on disappointing Q1 operational performance

Heightened competitive scenario has led to company lowering its making charges in a bid to sustain market share gains during the quarter.

Vedanta slips 9%, nears 52-week low on huge block deals

Till 09:52 am; around 371.7 million equity shares, which represented 5.6 per cent of Vedanta's total equity changed hands on the NSE and BSE

Sensex sinks 677pts, Nifty nears 19,500 amid global rout; all sectors bleed

CLOSING BELL on August 2, 2023: Equity markets roiled under global pressure on Wednesday after rating agency Fitch downgraded credit rating of the US

Sula Vineyards slips 8% on Rs 116-crore excise duty notice from Maha govt

The company said the order does not affect the existing business or the activities of the company

Sanghi Ind freezes at 5% upper circuit as Ambuja eyes buying majority stake

The acquisition would further strengthen the presence of Ambuja-ACC in the Western market (whose current share is 20 per cent), according to ICICI Securities

Escorts Kubota hits new high, gains 4% on strong Q1 results

With further advancement of monsoon across the country, adequate reservoir levels, better liquidity, and consumer credit availability, the management expects the demand momentum to improve.

Redington sinks 6% amid weak June quarter results

Redington reported a 21.2 per cent year-on-year decline in consolidated net profit at Rs 248.8 crore in Q1FY24. Ebitda margin fell 100bps YoY to 2 per cent

GE Power gets LoI for contact worth of Rs 444 crore; stock surges 13%

Thus far in the financial year 2023-24, the stock has outperformed the market by zooming 82 per cent as against 12 per cent rise in the S&P BSE Sensex

Ambuja Cements Q1FY24 profit up 31% YoY to Rs 1,135 crore, margins expand

Ambuja Cements Q1FY24 results: Shares of Ambuja Cement slipped 2 per cent in the intra-day trade to Rs 452 apiece

Campus Activewear tumbles 7%, dips below IPO price amid huge block deals

The stock crashed below its issue price of Rs 292 per share, as it hit a record low of Rs 282.45 on Wednesday.