Page 554 - Buzzing Stocks
This beaten down pharma stock has zoomed over 50% in last 11 trading days
Shares of Dishman Carbogen Amcis zoomed 14 per cent to Rs 124 on the BSE in Tuesday's intra-day trade on the back of heavy volumes
 "This beaten down pharma stock has zoomed over 50% in last 11 trading days")
Zen Technologies hits record high; up 35% in one month on robust Q3 results
The company expects a few more big order wins from aggressive purchase being made by the government
 "Zen Technologies hits record high; up 35% in one month on robust Q3 results")
Minda Corp slips 9% in 3 days after it acquires 15.7% stake in Pricol
MCL bought Pricol's shares at a price of Rs 208.98 per share. This is an open-market transaction and no prior approvals have been obtained
 "Minda Corp slips 9% in 3 days after it acquires 15.7% stake in Pricol")
BSE Capital Goods index nears record high; Siemens, L&T gain up to 3%
Analysts at Emkay Global Financial Services uphold their constructive view on the sector, driven by its strong tender pipeline, softening commodity prices and expectation of good order inflow growth.
 "BSE Capital Goods index nears record high; Siemens, L&T gain up to 3%")
Delhivery jumps 5%, gains 14% in seven straight days post Q3 results
The stock was up over 5 per cent in Tuesday's trading session, and hit a high of Rs 359 on the BSE.
 "Delhivery jumps 5%, gains 14% in seven straight days post Q3 results")
Marine Electricals rallies 5% after it bags order from Goa Shipyard
The company will supply shaft generators, main switch boards, distribution boards, and associated systems with OBS for PCV Project from Goa Shipyard
 "Marine Electricals rallies 5% after it bags order from Goa Shipyard")
Uflex drops 4%, hits 52-wk low on report of Income-Tax raid at Noida office
According to several media reports, the Income Tax department was conducting a raid at the office of Uflex in Noida, alleging that the company has issued several bogus bills
 "Uflex drops 4%, hits 52-wk low on report of Income-Tax raid at Noida office")
Stocks to Watch: Asian Paints, Adani Green, JK Tyre, Tata Motors, GR Infra
Stocks to Watch: Adani Green Energy (AGEL) has decided to review its capital expenditure (capex) plan of Rs 10,000 crore for financial year 2023-24 (FY24)
 "Stocks to Watch: Asian Paints, Adani Green, JK Tyre, Tata Motors, GR Infra")
Samvardhana Motherson's SAS acquisition reasonably priced: Analysts
They say it will add 10-15% to firm's revenue and Ebitda, allow product and geographical diversification
 "Samvardhana Motherson's SAS acquisition reasonably priced: Analysts")
Cera Sanitaryware soars 8%, hits new high in weak market on healthy outlook
In past one month, the stock price of Cera has outperformed the market by surging 20 per cent as against an unmoved S&P BSE Sensex.
 "Cera Sanitaryware soars 8%, hits new high in weak market on healthy outlook")
Lumax Auto soars 12% as it acquires majority stake in IAC Group's India biz
IAC India is a well-established Tier-1 interior systems and components supplier to key automotive OEMs in India including Mahindra, Maruti Suzuki, Volkswagen and Volvo Eicher Commercial Vehicles.
 "Lumax Auto soars 12% as it acquires majority stake in IAC Group's India biz")
Sonata Software surges 26% in one month; stock nears record high
The new CEO has reiterated that he is planning to double IT services revenue in four years as he is looking to accelerate the growth from hereon
 "Sonata Software surges 26% in one month; stock nears record high")
Cipla dips 7% after Pithampur unit receives 8 USFDA observations
The company said it will work closely with the USFDA and is committed to address these comprehensively within stipulated time.
 "Cipla dips 7% after Pithampur unit receives 8 USFDA observations")
NMDC's demerged Chhattisgarh unit hits 5% upper circuit on market debut
A combined, around 7.5 million equity shares had changed hands and there were pending buy orders for 19 million shares on the NSE and BSE till 10:16 AM
 "NMDC's demerged Chhattisgarh unit hits 5% upper circuit on market debut")
Stocks to watch: HUL, United Breweries, Motherson, Sun Pharma, Paytm, Cipla
Stocks to watch: Samvardhana Motherson announced it is buying SAS Autosystemtechnik (SAS), which manufactures auto cockpit modules, from French company Faurecia for Rs 4,790 crore
 "Stocks to watch: HUL, United Breweries, Motherson, Sun Pharma, Paytm, Cipla")
Sensex snaps 3-day winning run, sheds 317 pts; Banks, realty shares decline
CLOSING BELL: The NSE Nifty 50 slipped 92 points to settle at 17,944. L&T, Hero MotoCorp, UltraTech Cement bucked the trend, while Adani Group shares ended mixed on Friday.
 "Sensex snaps 3-day winning run, sheds 317 pts; Banks, realty shares decline")
PTC Industries hits 10% upper circuit as arm wins Safran Aircraft order
Aerolloy Technologies, a wholly owned subsidiary of the company has received an order from Safran Aircraft Engines, to develop and supply of Titanium cast components for Aircraft Engines
 "PTC Industries hits 10% upper circuit as arm wins Safran Aircraft order")
Bajaj Steel extends rally on sale of plastic division; stock spurts 13%
In the past six months, the stock price of Bajaj Steel has zoomed 107 per cent, as against 1 per cent rise in the S&P BSE Sensex
 "Bajaj Steel extends rally on sale of plastic division; stock spurts 13%")
Stock of this iron & steel products company has zoomed 101% in 6 months
Shares of Surya Roshni hit a 14-month high of Rs 711.35, as they surged 10 per cent on the BSE in Friday's intra-day trade in an otherwise subdued market.
 "Stock of this iron & steel products company has zoomed 101% in 6 months")
Ipca Labs slips 5%, hits 52-week low on weak December quarter results
In Q3, Ipca's operating profit margin was lowest since FY19, impacted by lower gross margins, and continued higher overheads.
 "Ipca Labs slips 5%, hits 52-week low on weak December quarter results")