Page 549 - Buzzing Stocks
Hind Rectifiers soars 18% as new plant kicks off commercial production
The company said that the benefits of these new production lines at Sinnar will however be availed from 2023-24 onwards
 "Hind Rectifiers soars 18% as new plant kicks off commercial production")
KSB surges 9% to trade near new high on strong order book position
The management believes that the demand for capital products will further grow, owing to increased capital investment in infrastructure in this budget.
 "KSB surges 9% to trade near new high on strong order book position")
IDFC, MGL, Radico: 5 smallcaps to bet on amid current market volatility
Shares of IDFC, MGL, Radico Khaitan, KEI Industries and Carborundum Universal may rise up to 26 per cent, indicate technical charts
 "IDFC, MGL, Radico: 5 smallcaps to bet on amid current market volatility")
Titagarh Wagons hits new high; zooms 65% in 6 months on healthy outlook
On March 1, the consortium of Titagarh Wagons and Bharat Electricals (TWL-BHEL Consortium) emerges as the 2nd Lowest Bidder (L2) for manufacturing cum maintenance of Vande Bharat Trainsets.
 "Titagarh Wagons hits new high; zooms 65% in 6 months on healthy outlook")
Equitas SFB slips 13% as new shares list post merger with Equitas Holdings
Total 789.53 million shares have been listed pursuant to the scheme of amalgamation of Equitas Holdings with Equitas Small Finance Bank
 "Equitas SFB slips 13% as new shares list post merger with Equitas Holdings")
Stocks to Watch: Wipro, Reliance, Ajanta Pharma, Infosys, IRB Infra, REC
Stocks to Watch: RIL arm Reliance Polyester has completed acquisition of polyester business of Shubhalakshmi Polyesters & Shubhlaxmi Polytex
 "Stocks to Watch: Wipro, Reliance, Ajanta Pharma, Infosys, IRB Infra, REC")
Sensex snaps 3-day winning run, falls 542 pts; Nifty gives up 17,600
CLOSING BELL: M&M (down 3 per cent), RIL (down over 2 per cent), Bajaj Finserv, ICICI Bank, Maruti Suzuki, Tata Motors, Tech M, Bajaj Finance, TCS, ITC, Titan, and SBI were the top Sensex laggards
 "Sensex snaps 3-day winning run, falls 542 pts; Nifty gives up 17,600")
Aptus Value down 13% in 2 days as it denies merger talks with Cholamandalam
On Monday, the stock price of Aptus had zoomed 19 per cent on report that Cholamandalam Investment and Finance was looking to buy controlling stake in the company
 "Aptus Value down 13% in 2 days as it denies merger talks with Cholamandalam")
Stock of this electric bus manufacture has zoomed 68% in 10 trading days
In the past three trading days,Olectra Greentech has rallied 24% after EVEY received two Letter of Awards from the Telangana State Road Transport Corporation for 550 Electric Buses
 "Stock of this electric bus manufacture has zoomed 68% in 10 trading days")
Jindal Saw hits over 5-year high; zooms 94% in 3 months on healthy outlook
The company said that the future of the global steel pipe market looks promising with opportunities in oil and gas, water and wastewater, power generation, automotive, and other industrial sectors
 "Jindal Saw hits over 5-year high; zooms 94% in 3 months on healthy outlook")
Adani Enterprises, ACC: Time to sell Adani group stocks after a sharp run?
Analyst recommends investors should wait for some constructive growth direction before venturing into the Group stocks.
 "Adani Enterprises, ACC: Time to sell Adani group stocks after a sharp run?")
SeQuent Scientific rallies 15% on terminating pact to acquire Tineta Pharma
In November 2022, SeQuent had announced the acquisition of Tineta Pharma for Rs 218 crore but the said transaction has not materialised
 "SeQuent Scientific rallies 15% on terminating pact to acquire Tineta Pharma")
NTPC rallies 7% in 4 days, nears 52-week high on strong growth outlook
Power demand will continue to grow from January to June owing to summer demand
 "NTPC rallies 7% in 4 days, nears 52-week high on strong growth outlook")
Gokaldas Exports dips 4% after 13% equity changes hands via block deal
Till 09:23 AM, roughly 8.15 million equity shares, representing 13.5 per cent of the total equity of Gokaldas Exports, had changed hands on the NSE
 "Gokaldas Exports dips 4% after 13% equity changes hands via block deal")
Stocks to Watch: Bharat Forge, Shoppers Stop, Gokaldas, Lotus Chocolate
Stocks to Watch: As per a report, Clear Wealth Consultancy Svcs LLP will likely sell 8.25 per cent stake via block deal in Gokaldas Exports today
 "Stocks to Watch: Bharat Forge, Shoppers Stop, Gokaldas, Lotus Chocolate")
Sensex gains 124 pts, Nifty tops 17,750; IndusInd Bank up 5%, Adani Port 3%
CLOSING BELL: Bottom fishing in select heavyweights lifted benchmark indices off lows, leading to a positive close for a third consecutive day on Wednesday
 "Sensex gains 124 pts, Nifty tops 17,750; IndusInd Bank up 5%, Adani Port 3%")
JSL, JSHL hit new highs ahead of merger; zoom over 100% in 6 months
Jindal Stainless (Hissar) has fixed Thursday, March 9, 2023, as the record date for its merger with Jindal Stainless with a swap ratio of 1: 1.95
 "JSL, JSHL hit new highs ahead of merger; zoom over 100% in 6 months")
Vardhman Special Steel soars 9% on starting production for Toyoto Group Co
The company said sales of these products for FY2023- 24 will be 10,000 MT approx and further increase with receipt of more approvals in next 2-3 years.
 "Vardhman Special Steel soars 9% on starting production for Toyoto Group Co")
Kirloskar Oil Engines surges 18%, hits over 5-yr high after huge block deal
As many as 25.62 million equity shares, representing 17.7 per cent of total equity, worth Rs 825 crore of KOEL changed hands on the NSE, the exchange data shows
Sugar shares in focus; Dwarikesh, Balrampur, Dhampur, Dalmia gain up to 5%
India has a cushion to export an additional 1 million tonnes of the sweetener if the domestic output reaches an estimated 33.6 million tonnes this year
 "Sugar shares in focus; Dwarikesh, Balrampur, Dhampur, Dalmia gain up to 5%")