Page 533 - Buzzing Stocks
CEAT rallies over 5% in weak market on 5-fold jump in Q4 net
The tyre-maker reported 420.7 per cent surge in Q4 net profit to Rs 132.42 crore for the quarter ended March 2023 as against Rs 25.43 crore in the year ago period.
 "CEAT rallies over 5% in weak market on 5-fold jump in Q4 net")
Investors book profit in BHEL; stock slides 7% after soaring 26% in a month
BHEL has bagged numerous orders over the past few months, keeping analysts bullish on the stock
 "Investors book profit in BHEL; stock slides 7% after soaring 26% in a month")
Paytm shares rise 4% ahead of Q4FY23 results; here's what brokerages expect
Goldman Sachs expects Paytm to report revenue growth of 49 per cent on a year-on-year basis
 "Paytm shares rise 4% ahead of Q4FY23 results; here's what brokerages expect")
Sundram Fasteners hits new life-time high; gains 5% on solid Q4 earnings
The company's consolidated net profit grew by 19 per cent YoY to Rs 127.47 crore, backed by a 8.1 per cent rise in revenue.
 "Sundram Fasteners hits new life-time high; gains 5% on solid Q4 earnings")
Manappuram in freefall as ED freezes Rs 143 cr-assets; sinks 21% in 3 days
With today's fall, the stock has lost 21 per cent since Wednesday, May 3 when the ED had first began searches at the company's premises
 "Manappuram in freefall as ED freezes Rs 143 cr-assets; sinks 21% in 3 days")
TVS Motor vrooms 5%, hits 52-week high on better-than-expected Q4 result
TVS Motor Company posted a 22 per cent rise in consolidated net profit at Rs 336 crore
 "TVS Motor vrooms 5%, hits 52-week high on better-than-expected Q4 result")
HDFC twins sink as Street fears MSCI blow may trigger $200 mn outflow
Shares of HDFC and HDFC Bank dropped up to 6 per cent. The Street had expected inflows worth $3 billion by foreign portfolio investors
 "HDFC twins sink as Street fears MSCI blow may trigger $200 mn outflow")
Blue Star rallies 5% on 1:1 bonus plan; 3-fold jump in Q4 net
The company's net profit jumped to Rs 225 crore in Q4FY23 from Rs 76 crore a year ago, aided by profit from sale of freehold land.
 "Blue Star rallies 5% on 1:1 bonus plan; 3-fold jump in Q4 net")
Hero Moto, SpiceJet, AEL, TVS Motor among top 10 stocks to watch on Friday
Stocks to watch on May 05, 2023: Adani Power, Bharat Forge, Blue Dart, Britannia, Equitas SFB, Federal Bank, Marico and Paytm on investors radar ahead of Q4 earnigns today.
 "Hero Moto, SpiceJet, AEL, TVS Motor among top 10 stocks to watch on Friday")
Zomato rises 4%, hits 5-month high; stock surges 28% in one month
Motilal Oswal Financial Services last month initiated coverage on Zomato with a BUY rating
 "Zomato rises 4%, hits 5-month high; stock surges 28% in one month")
Britannia's Q4 revenues may rise up to 14% YoY led by volumes, say analysts
Britannia Industries Q4 preview: Though higher advertising spends may have some impact on EBITDA margins sequentially, price hikes would help expand margins up to 231 basis points (bps), said analysts
 "Britannia's Q4 revenues may rise up to 14% YoY led by volumes, say analysts")
Rane Engine Valve freezes in 20% upper circuit on strong Q4 performance
REVL said sales to India OE customers grew by 28 per cent supported by strong off-take from passenger vehicle and commercial vehicle customers
 "Rane Engine Valve freezes in 20% upper circuit on strong Q4 performance")
MRF nears 52-week high on healthy Q4 results; stock rallies 8% in 2 days
Analysts at Motilal Oswal Financial Services (MOFSL) said that MRF's Q4FY23 performance surprised positively as lower raw material costs boosted Ebitda margin to 14.7 per cent
 "MRF nears 52-week high on healthy Q4 results; stock rallies 8% in 2 days")
29 out of Nifty 500 stocks overbought; ABB, Apar Inds signal up to 20% gain
While it is risky to be bullish on the stock trading in the overbought category, the underlying trend must to be followed at all time.
 "29 out of Nifty 500 stocks overbought; ABB, Apar Inds signal up to 20% gain")
Petronet LNG dips 5% on disappointing Q4 results; net profit falls 18% YoY
The company's profit after tax (PAT) declined 18 per cent YoY (down 48 per cent QoQ) to Rs 614.3 crore. Revenue increased 24.3 per cent YoY (down 12 per cent QoQ) to Rs 13,873.9 crore
 "Petronet LNG dips 5% on disappointing Q4 results; net profit falls 18% YoY")
Surya Roshni nears record high on healthy outlook; zooms 106% in 6 months
In Q4FY23, the company achieved highest ever EBITDA/MT of Rs 9,868 in steel pipes and strips
 "Surya Roshni nears record high on healthy outlook; zooms 106% in 6 months")
ABB India hits new high on strong Q1 results; stock up 33% so far in 2023
ABB's order inflows came at Rs 3,125 crore, up 36.4 per cent year-on-year (YoY) with order backlog of Rs 7,170 crore, which was up by 37.1 per cent, YoY.
 "ABB India hits new high on strong Q1 results; stock up 33% so far in 2023")
Cholamandalam Investment soars 9% to hit a new high after strong Q4 results
The management said it had gained market share across product segments like in vehicle finance (VF), and other business units.
 "Cholamandalam Investment soars 9% to hit a new high after strong Q4 results")
Stocks to Watch: Titan, Tata Chem, Adani Group, RIL, Petronet, Apollo Micro
Stocks to watch on May 04, 2023: Adani Enterprises, Bombay Dyeing, Dabur, HDFC, Hero MotoCorp, Tata Power and TVS Motors may see some action owing to Q4 results on Thursday.
 "Stocks to Watch: Titan, Tata Chem, Adani Group, RIL, Petronet, Apollo Micro")
Tyre stocks rally up to 8% on MRF's strong Q4 results; Apollo at 52-wk high
MRF's board has recommended a final dividend of Rs 169 (1,690 per cent) per share
 "Tyre stocks rally up to 8% on MRF's strong Q4 results; Apollo at 52-wk high")