Page 524 - Buzzing Stocks
Cyient surges 9%, nears 52-week high on healthy business outlook
Thus far in the calendar year 2023 (CY23), the stock price of Cyient has zoomed 74 per cent, as against 2.5 per cent rise in the S&P BSE Sensex.
 "Cyient surges 9%, nears 52-week high on healthy business outlook")
Centum Electronics hits new high; zooms 48% in 4 days on strong Q4 results
As on March 31, 2023, Centum had a strong order book position of Rs 1,538 crore as compared to Rs 1,090 crore at the end of the previous financial year 2021-22
 "Centum Electronics hits new high; zooms 48% in 4 days on strong Q4 results")
HUL rises 2%, hits highest level so far this year on volume recovery hopes
The stock of largest fast moving consumer goods (FMCG) company traded close to its 52-week high level of Rs 2,741, which it had touched on December 9, 2022
 "HUL rises 2%, hits highest level so far this year on volume recovery hopes")
Coal India slips 5% as government begins partial stake sale via OFS
The floor price for the stake sale has been set at Rs 225 a share, which represents a discount of around 7 per cent from the closing price of Rs 241.2 on Wednesday
 "Coal India slips 5% as government begins partial stake sale via OFS")
Stocks to watch: Coal India, Mankind Pharma, EID Parry, India Pesticides
Stocks to watch on June 1, 2023: From Coal India to Mankind Pharma, here are top stocks to watch in Thursday's trading session
 "Stocks to watch: Coal India, Mankind Pharma, EID Parry, India Pesticides")
Tega Industries freezes at 10% upper circuit on strong Q4 results
Thus far in the calendar year, the stock has zoomed 56 per cent, as compared to 2.3 per cent rise in the S&P BSE Sensex.
 "Tega Industries freezes at 10% upper circuit on strong Q4 results")
Jindal Saw soars 9%, hits new high in a weak market on healthy biz outlook
In the past two weeks, the stock has surged 31% after the company reported strong Q4 earnings with consolidated net profit more-than-doubling to Rs 294 crore
Campus Activewear extends fall; slips 12% in two days on weak Q4 results
Reported EBITDA declined by 27.4 per cent year-on-year to Rs 57.12 crore; margin contracted by 590 bps YoY to 16.4 per cent.
 "Campus Activewear extends fall; slips 12% in two days on weak Q4 results")
As Nifty Pvt Bank index sets new peak; Here's how to trade banking stocks
Shares of IDFC First Bank, IndusInd Bank, Bandhan Bank, and Axis Bank may surge up to 15 per cent, show technical charts.
 "As Nifty Pvt Bank index sets new peak; Here's how to trade banking stocks")
Indo Count hits 52-week high, up 10% on healthy Q4 operational performance
The demand trajectory for home textiles, which had materially slowed down in key geographies such as the US, UK and Europe was gradually picking up pace.
 "Indo Count hits 52-week high, up 10% on healthy Q4 operational performance")
Eureka Forbes zooms 29% in 2 days as profit nearly doubles in Q4FY23
Going forward, the management is confident of driving sustained performance on the back of differentiated innovations, an elevated customer experience, and a more efficient business mode
 "Eureka Forbes zooms 29% in 2 days as profit nearly doubles in Q4FY23")
Torrent Pharma surges 8%, hits record high post March quarter results
Torrent's branded generics business India continues to perform well with focus on curatio acquisition and focus on power brands besides consumer business foray.
 "Torrent Pharma surges 8%, hits record high post March quarter results")
Block deal impact: Sona BLW slips 6%; HDFC Life gains 1%
Around 23.7 million equity shares representing 4 per cent of total equity of Sona Comstar changed hands on the NSE this morning, the exchange data shows.
 "Block deal impact: Sona BLW slips 6%; HDFC Life gains 1%")
Stocks to watch: Adani Ports, NMDC, HDFC Life, Apollo Hospitals, PTC Inds
Stocks to watch on May 31, 2023: From Adani Ports to Sun Pharma, here are top stocks to watch in Wednesday's trading session
 "Stocks to watch: Adani Ports, NMDC, HDFC Life, Apollo Hospitals, PTC Inds")
Sensex extends rally to 4th day, ends 123 pts higher; ITC, IT stocks shine
CLOSING BELL ON MAY 30, 2023: The NSE Nifty 50 gained 35 points at 18,634; while the Bank Nifty hit a fresh all-time high at 44,499.
 "Sensex extends rally to 4th day, ends 123 pts higher; ITC, IT stocks shine")
Repco Home Finance surges 25% in 2 days post solid Q4 results
Repco delivered a healthy turnaround in operating performance under the new MD & CEO in FY23 after a subdued FY22
 "Repco Home Finance surges 25% in 2 days post solid Q4 results")
ITC trades ex-date for dividend; stock gains over 2% in subdued market
Thus far in the calendar year 2023, ITC has outperformed the market by surging 35 per cent, as compared to 2.8 per cent rise in the S&P BSE Sensex
 "ITC trades ex-date for dividend; stock gains over 2% in subdued market")
Inox Wind Energy, Inox Wind surge up to 11% on heavy volumes
Ministry of Power on Monday announced a complete waiver of the inter-state transmission system (ISTS) charges on the off-shore wind, green hydrogen, and green ammonia projects for 25 years.
 "Inox Wind Energy, Inox Wind surge up to 11% on heavy volumes")
Stake buy: Strategies for ICICI Bank, ICICI Lombard General Insurance
Technically, ICICI Bank is poised for an upside up to 10 per cent, while ICICIGI must sustain over the 200-DMA
 "Stake buy: Strategies for ICICI Bank, ICICI Lombard General Insurance")
Force Motors freezes at 20% upper circuit, hits 52-week high on robust Q4
Force Motors posted consolidated net profit of Rs 146.62 crore against loss of Rs 42.77 crore in the year ago quarter
 "Force Motors freezes at 20% upper circuit, hits 52-week high on robust Q4")