Page 544 - Buzzing Stocks
Adani Ent zooms 7% as Group CFO refutes report of incomplete debt repayment
The Group refuted The Ken news report, stating it as "baseless and deliberately mischievous".
 "Adani Ent zooms 7% as Group CFO refutes report of incomplete debt repayment")
Nykaa trades lower for 8th straight day, down 11%; stock nears record low
The stock was down 2 per cent so far today and quoted close to its record low level of Rs 120.75, touched on January 23, 2023.
 "Nykaa trades lower for 8th straight day, down 11%; stock nears record low")
Stocks to watch: Adani Group, Vedanta, NHPC, PNB Housing, RHI Magnesita
Stocks to Watch: Index heavyweights Reliance and Bharti Airtel will see some action as the former wages a price war in the broadband connection.
 "Stocks to watch: Adani Group, Vedanta, NHPC, PNB Housing, RHI Magnesita")
Sensex, Nifty end flat amid tepid trading session; Adani group stocks slide
CLOSING BELL: The S&P BSE Sensex ended 40 points lower, while the Nifty50 was down 34 points. Shares of Adani Group tumbled up to 7 per cent, with Adani Enterprises leading the fall.
 "Sensex, Nifty end flat amid tepid trading session; Adani group stocks slide")
Bandhan Bank crashes to 3-year low on heavy volumes
The stock has slipped 6% to Rs 185.45 and trades at its lowest level since April 2020.
 "Bandhan Bank crashes to 3-year low on heavy volumes")
Kalyan Jewellers tanks 11% on large block deal; over 39 mn shares exchanged
According to a media report, Warburg Pincus, one of the key investors in KJIL, was likely to offload a 2.5 per cent stake in the company through a block deal today
 "Kalyan Jewellers tanks 11% on large block deal; over 39 mn shares exchanged")
PNC Infra rallies 8% on bagging Rs 819 crore highway project
The company has been declared L1 (lowest) bidder for a highway project for Ministry of Road Transport & Highways (MORT&H) with a bid project cost of Rs 819 crore
 "PNC Infra rallies 8% on bagging Rs 819 crore highway project")
Stocks to watch: L&T, Coffee Day, Tata Motors, PNC Infratech, Gati, Carysil
Stocks to watch today: From Tata Motors to Coffee Day Enterprises, here are few stocks likely to see action in Tuesday's trade
 "Stocks to watch: L&T, Coffee Day, Tata Motors, PNC Infratech, Gati, Carysil")
Aditya Birla Sun Life tanks 12% in 2 days; stock hits record low
Finance Bill 2023 has introduced an amendment that will classify capital gains arising from debt mutual funds as only short-term capital gains.
 "Aditya Birla Sun Life tanks 12% in 2 days; stock hits record low")
Morepen Labs zooms 18% on USFDA nod with NIL observations for HP facility
Earlier this month, the company had incorporated a wholly-owned subsidiary, Morepen RX.
 "Morepen Labs zooms 18% on USFDA nod with NIL observations for HP facility")
Butterfly Gandhimathi slips 5% on merger with Crompton Greaves Consumer
Crompton Greaves will issue 22 fully paid up shares of Rs 2 each for every five fully paid up shares of Rs 10 each of Butterfly
 "Butterfly Gandhimathi slips 5% on merger with Crompton Greaves Consumer")
Realty shares in focus; Godrej Properties, Indiabulls, Sobha hit 52-wk lows
Media reports suggested that stamp duty may be increased by 1% in Maharashtra along with a hike in ready reckoner rates.
 "Realty shares in focus; Godrej Properties, Indiabulls, Sobha hit 52-wk lows")
Stocks to watch: Tata Steel, BEL, Paytm, Zydus Life, Crompton Greaves, NBCC
Stocks to watch: From Tata Steel to Bharat Electronics, here are few stocks likely to see action in Monday's trading session
 "Stocks to watch: Tata Steel, BEL, Paytm, Zydus Life, Crompton Greaves, NBCC")
Sensex sinks 398 pts, Nifty below 16,950 as STT hike, global cues weighs
CLOSING BELL: The debt mutual fund (Debt MF) investors will no longer receive the long-term capital gain tax benefit. Moreover, the Centre also hiked the STT on the sale of F&O contracts
GQG Partners' investment in Adani Green Energy soars 100% in 15 days
On March 2, GQG Partners had bought 55.6 million equity shares of AGEL, worth Rs 2,806 crore, at a price of Rs 504.60 per share
 "GQG Partners' investment in Adani Green Energy soars 100% in 15 days")
Two smallcap stocks touch new highs; have zoomed up to 49% in past 3 months
In the past three months, Vardhman Special Steels has zoomed 49% and KPIT Technologies has surged 41% as compared to a 3% decline in the S&P BSE Sensex
 "Two smallcap stocks touch new highs; have zoomed up to 49% in past 3 months")
Sundaram-Clayton trades ex-date for scheme of arrangement; stock slumps 19%
The board at its meeting held on February 9, 2022 has approved the Composite Scheme of Arrangement of the company for issue of bonus NCRPS and demerger of manufacturing undertaking.
 "Sundaram-Clayton trades ex-date for scheme of arrangement; stock slumps 19%")
Godrej Properties, Amber Enterprises hit 52-week lows; LIC at life-time low
LIC hit a life-time low of Rs 562.35, falling below its previous low of Rs 566 touched on February 27, and was down 9% in three weeks.
 "Godrej Properties, Amber Enterprises hit 52-week lows; LIC at life-time low")
Campus Activewear slips 7% after over 9% equity changes hand on NSE
According to media report private equity firm TPG had plans to sell 7.62 per cent stake worth Rs 800 crore in Campus Activewear via block deal at Rs 345 per share.
 "Campus Activewear slips 7% after over 9% equity changes hand on NSE")
Stocks to Watch: RVNL, BEL, HAL, Campus Activewear, Vedanta, PNB, IT cos
Stocks to Watch: IT stocks may remain in focus as Accenture reported a revenue of $15.81 bn in Q2, beating its guidance of $15.2-15.75 bn. The giant also announced it will lay off 19,000 employees
 "Stocks to Watch: RVNL, BEL, HAL, Campus Activewear, Vedanta, PNB, IT cos")