Page 534 - Buzzing Stocks
Adani Group shares weak; Adani Wilmar sheds 5% as Q4FY23 PAT sinks 56% YoY
Shares of Adani Enterprises, Adani Power, Adani Green Energy, Adani Total Gas, Ambuja Cements and Adani Ports and Special Economic Zone were trading 3-7 per cent lower intra-day
 "Adani Group shares weak; Adani Wilmar sheds 5% as Q4FY23 PAT sinks 56% YoY")
Manappuram Finance slumps 14% as ED raids premises in money laundering case
As per PTI, the raids were being undertaken to gather evidences related to allegations that the company collected public deposits worth over Rs 150 crore in contravention of RBI guidelines
 "Manappuram Finance slumps 14% as ED raids premises in money laundering case")
Gravita India hits 52-week high; up 11% on huge volume day after Q4 results
A combined 2.2 million equity shares representing 3.1 per cent of total equity of Gravita India had changed hands in intra-day deals on the NSE and BSE.
 "Gravita India hits 52-week high; up 11% on huge volume day after Q4 results")
CPSE index nears record high after six years; RVNL zooms 125% since March
In the past one month, CPSE index has outperformed the market by surging 7 per cent, as compared to 3.4 per cent rise in the S&P BSE Sensex.
 "CPSE index nears record high after six years; RVNL zooms 125% since March")
Trading strategies for Aviation stocks amid Go First bankruptcy
Indigo shares may hit a new historic peak once it settles over Rs 2,200 level.
 "Trading strategies for Aviation stocks amid Go First bankruptcy")
Hindustan Aeronautics hits new high; joins Rs 1-trillion market cap-club
At 10:03 am; with a market cap of Rs 1.006 trillion, HAL claimed the 52nd spot in the overall market cap ranking, the BSE data shows
 "Hindustan Aeronautics hits new high; joins Rs 1-trillion market cap-club")
IndiGo, SpiceJet rally up to 8% as Go First files for bankruptcy
Shares of InterGlobe Aviation, which runs the country's largest airline IndiGo, hit a 52-week high of Rs 2,235.95, surging 8 per cent on the BSE.
 "IndiGo, SpiceJet rally up to 8% as Go First files for bankruptcy")
Astec LifeSciences tumbles 10% on loss in Q4; stock down 44% in six months
The company reported a net loss of Rs 5 crore for Q4FY23 as against a net profit of Rs 43.10 crore in a year ago period.
 "Astec LifeSciences tumbles 10% on loss in Q4; stock down 44% in six months")
Stocks to Watch Today: Airline, Tata Steel, PSB, Airtel, Sugar, Max Health
Stocks to Watch: Shares of aviation firms, such as IndiGo, SpiceJet, Jet Airways, are likely to be in focus on May 03 after Go First filed for insolvency proceeding on Tuesday.
 "Stocks to Watch Today: Airline, Tata Steel, PSB, Airtel, Sugar, Max Health")
Datamatics hits 20% upper circuit on strong Q4FY23 results
In Q4FY23, the company's revenue increased 32.9 per cent year-on-year (YoY) and 11.7 per cent quarter-on-quarter (QoQ) at Rs 416.30 crore
 "Datamatics hits 20% upper circuit on strong Q4FY23 results")
Welspun India zooms 20% as investors cheer buyback plan, strong Q4 results
The board of Welspun India has approved a proposal for purchase of 16.25 million equity shares worth Rs 195 crore through a tender offer
 "Welspun India zooms 20% as investors cheer buyback plan, strong Q4 results")
M&M Financial Services soars 7%, hits 52-week high on strong Q4 results
On outlook, the management said the macro-economy tailwinds should help the sector and the company continue its growth journey
 "M&M Financial Services soars 7%, hits 52-week high on strong Q4 results")
Adani Ent, ACC: Charts indicate positive trend in select Adani Group stocks
Adani Enterprise , in particular, could see a rally of up to 11 per cent in coming sessions
 "Adani Ent, ACC: Charts indicate positive trend in select Adani Group stocks")
RVNL surges 10% as JV emerges lowest bidder for project worth Rs 2,249 cr
In past one month, the stock has zoomed 73 per cent, as compared to 4 per cent rise in the S&P BSE Sensex.
 "RVNL surges 10% as JV emerges lowest bidder for project worth Rs 2,249 cr")
ONGC gains 3%, nears 52-week high as govt slashes windfall tax on crude oil
Technical analysts at ICICI Securities expect the stock to maintain positive bias and head towards Rs 171 levels in the coming sessions
 "ONGC gains 3%, nears 52-week high as govt slashes windfall tax on crude oil")
IDFC First Bank hits 52-week high; soars 6% on two-fold jump in Q4 net
The bank's Q4 net zoomed 134 per cent to Rs 802.62 crore from Rs 342.73 crore in the year ago period.
 "IDFC First Bank hits 52-week high; soars 6% on two-fold jump in Q4 net")
Adani stocks in focus amid Q4 results; Adani Green soars 5%, NDTV tanks 5%
Adani Total Gas and Ambuja Cements are scheduled to announce their Q4FY23 results today. Adani Wilmar will announce its Q4FY23 numbers on May 3; Adani Enterprises on May 4; and Adani Power on May 5
 "Adani stocks in focus amid Q4 results; Adani Green soars 5%, NDTV tanks 5%")
Blue Star jumps 5% on plans of bonus shares; board meet on May 04
The company will also announce its March quarter and FY23 earnings on Thursday.
 "Blue Star jumps 5% on plans of bonus shares; board meet on May 04")
Stocks to Watch Today: Adani Group, UltraTech, Auto, Sugar, ONGC, Blue Star
Stocks to Watch: On the earnings front, Ambuja Cements, Adani Total Gas, PSB, Tata Steel and Uco Bank are likely to be on investors radar on Tuesday.
 "Stocks to Watch Today: Adani Group, UltraTech, Auto, Sugar, ONGC, Blue Star")
Tyre stocks in focus: Ceat, JK Tyre surge up to 11% on healthy margin hopes
Inherent to the tyre industry, raw material costs forms the largest cost head, accounting up to 65 per cent of the total cost, said analysts
 "Tyre stocks in focus: Ceat, JK Tyre surge up to 11% on healthy margin hopes")