Page 506 - Buzzing Stocks

Ajanta Pharma rallies 9%; hits record high on strong Q1 results

In past one week, the stock has surged 19 per cent and rallied nearly 40 per cent so far this calendar year.

Stocks to Watch: Bharti Airtel, Adani Ent, Cipla, RailTel, Indian Hotels

Stocks to Watch on July 28, 2023: Despite a 10 per cent increase in revenue, telecom provider Airtel Africa announced a net loss of $151 million in the first quarter (April-June) of FY24 on Thursday

Sensex drops 440 pts on Thursday; Nifty ends July F&O series 3.6% higher

CLOSING BELL ON JULY 27, 2023: Sectorally, auto and energy shares bore brunt of the selling, while pharma and realty stocks ended with smart gains on Thursday.

Tech Mahindra falls 5% as Q1 disappoints Street; brokerages turn cautious

In the recently concluded quarter, the company's revenue declined 4.1 per cent quarter-on-quarter (QoQ) to Rs 13,159 crore, as against Street estimate of flat QoQ growth

Nestle India cracks 3% as Q2 volume growth came below Street estimates

So far this calendar year, Nestle India has gained over 16 per cent, as against a 9 per cent surge in the S&P BSE Sensex

Adani grp shares in focus; Adani Green, Transmission, Power rally up to 10%

Adani Green Energy (up 10% at Rs 1,089.15), Adani Total Gas (up 5% at Rs 662.45), and NDTV (up 5% at Rs 238.75) were locked in their respective upper circuit limits

Stock of this industrial products company has zoomed 100% in 2 months

Shares of Texmaco Rail & Engineering hit a fresh 52-week high of Rs 108.50 as they rallied nearly 14% on the BSE in Thursday's intra-day trade

M&M may dip 10% if fails to overcome Rs 1,500; RBL Bank may jump 15%

Technical charts of M&M shows weakness, while RBL Bank continues to remain resilient.

RVNL dips 7% as government to offload over 5% stake via OFS starting today

Since April, the share price of RNVL has more-than-doubled from a level of Rs 68.60 and to a record high of Rs 146.65 on Monday, July 24.

Netweb Technologies lists at 89% premium over issue price

Shares got listed at Rs 947, a 89 per cent premium over its issue price of Rs 500 per share on the National Stock Exchange on Thursday.

Cipla surges 9% on strong Q1 results, raises FY24 margin guidance

For FY24, Cipla raised its EBITDA margin guidance to 23 per cent from 22 per cent earlier.

Mahindra & Mahindra slips 6% on acquiring 3.5% stake in RBL Bank

The company said it may consider further investment, subject to pricing, regulatory approvals, and required procedures, however, in no circumstance will it exceed 9.9 per cent.

Stocks to Watch: Tech M, Axis Bank, Dr Reddy's, RVNL, M&M, RBL Bank, AMCs

Stocks to watch on July 27, 2023: The govt is going to sell up to a 3.4 per cent stake in Rail Vikas Nigam with an option to additionally sell 1.96 per cent stake via an OFS

Suzlon Energy tumbles 10% in 2 days post Q1FY24 results

Shares of Suzlon Energy were locked in the 55 lower circuit band for a second straight day on Wednesday after the company's net profit for Q1FY24, including exceptional loss, tumbled to Rs 101 crroe

Piramal Enterprises surges 9% on plan to consider share buyback on July 28

Axis Capital estimates the company could go for a buyback of 8 per cent of the existing equity base. The action is positive for the stock and supportive of valuations, it said

Action Construction at new high on strong outlook; soars 48% so far in July

Thus far in the calendar year 2023, the stock has zoomed 139 per cent, as compared to 9.2 per cent rise in the S&P BSE Sensex.

ACC, Ambuja: 5 cement stocks show rising trend on charts in a choppy market

The broader trend in the cement sector remains optimistic, price action riding along the overall bullish sentiment

Can Fin Homes sinks 8% after firm reports Rs 38 cr fraud at Ambala Branch

The company has undertaken legal action and expects one time impact on earnings, while, there will be no impact on assets quality.

L&T surges 4%; hits new high on strong Q1 results, Rs 10,000 crore buyback

The company would entail 33.3 million equity shares for a price of up to Rs 3,000 each, via tender offer route, subject to approvals.

Tata Motors DVR hits record high, zooms 18% on delisting plan

The board of the automotive major approved a scheme whereby 7 ordinary shares of the company will be issued for every 10 A-shares held, and all its outstanding A-shares will stand cancelled.