Page 509 - Buzzing Stocks
Dairy products' stocks rally post Hatsun Agro's Q1 results; Dodla zooms 20%
The industry is likely to benefit from the much-anticipated flush season during October-November 2023
 "Dairy products' stocks rally post Hatsun Agro's Q1 results; Dodla zooms 20%")
Krsnaa Diagnostics slips 15% as Rajasthan NHM cancels agreement
The National Health Mission, Rajasthan has cancelled the letter of acceptance (LoA) for providing laboratory services in the state under the free diagnostics initiative on the hub and spoke model.
 "Krsnaa Diagnostics slips 15% as Rajasthan NHM cancels agreement")
Newgen hits new high on strong Q1 results; zooms 126% so far in 2023
The company has reiterated its guidance of 20 per cent topline growth and EBITDA margin of 20-21 per cent in FY24.
 "Newgen hits new high on strong Q1 results; zooms 126% so far in 2023")
ITC hits new high on heavy volumes; enters Rs 6-trillion market cap club
FPIs increased their stake in ITC to 14.51 per cent at the end of the June quarter, up from 14.21 per cent seen at the end of March quarter
 "ITC hits new high on heavy volumes; enters Rs 6-trillion market cap club")
Dr Reddy's gains nearly 3% post completion of USFDA inspection at AP unit
The stock hit a fresh 52-week high at Rs 5,360, and has rallied over 19 per cent in less than two months.
 "Dr Reddy's gains nearly 3% post completion of USFDA inspection at AP unit")
RIL gains 2% as it trades ex-Jio Financial; JFS valued at Rs 262 on NSE
Jio Financial Services was valued at Rs 251 on the BSE and Rs 262 on the NSE, as the price of RIL (ex-JFS) settled at Rs 2,589 and Rs 2,580, respectively, on both the exchanges.
 "RIL gains 2% as it trades ex-Jio Financial; JFS valued at Rs 262 on NSE")
Stocks to watch: RIL, HUL, Infosys, Bank of Maha, L&T Finance, Tata Coffee
Stocks to watch on July 20, 2023: From Reliance Industries to Hindustan Unilever, check out the top stocks to watch in Thursday's trading session
 "Stocks to watch: RIL, HUL, Infosys, Bank of Maha, L&T Finance, Tata Coffee")
This defence company's stock has soared 102% in 2 weeks; posts solid Q1 nos
Shares of Premier Explosives were locked in 10 per cent upper circuit after the company's Q1FY24 profit jumped over six-fold to Rs 8.26 crore
 "This defence company's stock has soared 102% in 2 weeks; posts solid Q1 nos")
Tejas Networks hits new high, surges 9% ahead of June quarter results
Thus far in the calendar year 2023, the stock price of Tejas Networks has zoomed 53 per cent, as compared to 9.4 per cent rise in the S&P BSE Sensex
 "Tejas Networks hits new high, surges 9% ahead of June quarter results")
RIL near record high ahead of Jio Financial demerger; up 12% so far in July
Analysts value Jio Financial Services at Rs 161/share, which is 1x RIL's treasury stock valuation of Rs 1,087 billion or $13 billion
 "RIL near record high ahead of Jio Financial demerger; up 12% so far in July")
Rallis India trades flat day after Rekha Jhujhunwala offloads 5.5% stake
Tata Chemicals acquired 9.7 million shares of its subsidiary for Rs 208 crore through a bulk deal, with face value of Re 1 each at Rs 215.05 per equity share.
 "Rallis India trades flat day after Rekha Jhujhunwala offloads 5.5% stake")
Polycab India enters top-100 most-valued firms' club; rallies 11% in 2 days
With a market capitalisation of Rs 64,422 crore, Polycab India stood at 91st position in overall m-cap ranking on Wednesday morning.
 "Polycab India enters top-100 most-valued firms' club; rallies 11% in 2 days")
IndusInd Bank surges 4% to highest level since Jan 2020 on healthy Q1 nos
The stock was trading at its highest level since January 2020 and has rallied nearly 30% in the past three months
 "IndusInd Bank surges 4% to highest level since Jan 2020 on healthy Q1 nos")
Stocks to watch: L&T Tech, Paytm, Rallis India, Piramal Pharma, NMDC
Stocks to watch on July 19, 2023: From Paytm to Piramal Pharma, here are the top stocks to watch in Wednesday's trading session
 "Stocks to watch: L&T Tech, Paytm, Rallis India, Piramal Pharma, NMDC")
Infosys surges 4% on signing a 5-year AI deal with $2 billion target spend
Infosys was trading at its highest level since March 2023. In the past four trading days, the stock has rallied 11 per cent after sector major TCS and HCL Tech released their Q1FY24 results
 "Infosys surges 4% on signing a 5-year AI deal with $2 billion target spend")
Sarda Energy hits new high, gains 4% on fixing record date for stock split
Since May 27, the day the Board approved the stock split decision, the stock price of the company has appreciated by 47 per cent
Bull-run resumes: Nifty to hit 21,000; Sensex may test 73K in August
The range breakout in both the indices have triggered fresh upside
 "Bull-run resumes: Nifty to hit 21,000; Sensex may test 73K in August")
Firm buying to keep the rally going in gold jewellery stocks, say analysts
Gold jewellery retailers: Kalyan Jewellers, Titan, PC Jewellers, Thangamayil Jewellery, and Tribhovandas Bhimji Zaveri have rallied 21-72% so far since April as compared to a 13% gain in the Sensex
 "Firm buying to keep the rally going in gold jewellery stocks, say analysts")
This Vijay Kedia-owned stock has zoomed over 70% in 3 days
Panasonic Energy India Company hit a near eight-year high at Rs 427, on rallying 20 per cent amid heavy volumes on the BSE.
 "This Vijay Kedia-owned stock has zoomed over 70% in 3 days")
Amara Raja Batteries tumbles 6% after almost 18% equity change hands
According to media reports, Clarios ARBL Holding was to sell its entire 14 per cent stake in the company though bulk-block deal mechanisms on stock exchanges at a floor price of Rs 651 per share.
 "Amara Raja Batteries tumbles 6% after almost 18% equity change hands")