Page 503 - Buzzing Stocks

Bikaji Foods hits 52-week high, jumps 5% as Q1 net soars 164%

The company posted a 164 per cent YoY surge in Q1FY24 net profit at Rs 41.40 crore, backed by a 15 per cent growth in revenue.

Sensex, Nifty end choppy day flat; Power Grid slides 5%, Hero Moto 3%

Closing Bell on August 1, 2023: Power Grid, Hero MotoCorp, Apollo Hospitals, IndusInd Bank, Bajaj Finserv, SBI, Adani Ports, Reliance Industries, and Maruti Suzuki were the top laggards

Anand Rathi hits record high on healthy Q1 results; stock up 43% in a month

The management hailed the Q1 performance and said that the demand for wealth management services has increased significantly due to availability of a wide range of investment options

Hero Moto falls 7% from day's high amid report of PMLA case against Munjal

According to reports, a case has been registered against Chairman Pawan Munjal under the Prevention of Money Laundering Act (PMLA), 2002

Exide Industries rallies 7%, inches to record high on improved Q1 earnings

Steady sales expansion in key verticals along with cost optimisation benefits resulted in healthy EBITDA growth.

NTPC, Adani Power: Power stocks may surge up to 12% on robust trend

So far this year, NTPC has soared 36 per cent, Torrent Power zoomed 39 per cent and Power Grid Corporation of India advanced 21 per cent. Overall trend in these power stocks continues to remain sturdy

DLF down 4% after over 20 mn shares change hands via block deal on BSE

Thus far in the current calendar year 2023, DLF has rallied 33 per cent, as compared to 8.7 per cent rise in the S&P BSE Sensex.

Tata Power surges 10% in 3 days on positive outlook; stock nears 52-wk high

The base and peak demand is expected to maintain growth at above long-term trajectory during FY24 driven by higher industrial and commercial activities, digitalization and electric transportation.

Ujjivan Financial, Ujjivan SFB surge up to 18% in 2 days on heavy volume

The entire merger process is expected to be completed within a time-frame of 7-8 months i.e. by October-November 2023, Ujjivan Small Finance Bank said.

Hind Copper gallops 18% in 2 days on management rejig; hits 52-week high

Hindustan Copper has appointed Ghanshyam Das Gupta as the Unit Head of Khetri Copper Complex; and Ghanshyam Sharma as the interim CMD.

Stocks to Watch on Aug 1: Adani Total, PVR Inox, Maruti, ITC, SBI, autos

Stocks to Watch on Tuesday, August 1, 2023: The Board of ITC will meet on August 14 to announce Q1FY24 results, and consider the Scheme of Arrangement for the demerger of Hotels Business

UBS 'double upgrades' Gail India to buy; sees 25% upside in the stock

At the bourses, the stock surged over 3 per cent in intra-day deals to Rs 122.7 on the BSE on Monday. In comparison, the S&P BSE Sensex traded flat at around 66,245 levels

BSE SmallCap index hits fresh high; eyes 35,000 after surging 28% in FY24

Around 40 stocks on the BSE SmallCap index scaled new record highs, including The Anup Engineering, Bector Food, Cholamandalam Fin, CMS Info, CreditAccess Grameen, RPG Life, Escorts, Inox Green

Welspun India soars 13%, hits 52-week high on 7x YoY jump in Q1 PAT

So far this calendar year 2023 (CY23), the stock has rallied over 45 per cent, as against an 8 per cent jump in the S&P BSE Sensex

Midhani soars 9%, hits 52-week high on order win worth Rs 179 crore

With this, the order booking position for FY 2023-24 (as on date) is Rs 542 crore, Mishra Dhatu Nigam said in a statement

Anup Engg at new high on strong business outlook; zooms 152% so far in CY23

In Q1FY23, AEL's PAT jumped nearly four-fold to Rs 18.6 crore from Rs 5.2 crore, on account of strong revenue growth and improvement in margins.

Nazara Tech jumps 5% on strong Q1 results; stock up 20% so far in 2023

In the recently concluded quarter, Nazara's revenue from operations climbed 14 per cent YoY to Rs 254.4 crore. However, a sequential decline of 12 per cent was seen from Rs 289.32 crore in Q4FY23

Jet Airways shares bolt 5% as DCGA renews its air operator certificate

Jet Airways stock was locked in the 5 per cent upper circuit on the BSE as Jalan-Kalrock Consortium received renewed permit to fly the airline

ACC hits 5-month high; rallies 14% in 6 days on robust Q1 results

Management expects Ebitda growth to sustain with further improvement expected due to various efficiency and operational initiatives

Over 75% pharma stocks eye breakout; most may see up to 15% upside

Barring, Pfizer, Gland Pharma, and Laurus Labs, all other constituents of Nifty Pharm Index trade over the 200-day simple moving average (SMA),