Page 561 - Buzzing Stocks

Adani group shares extend fall; Adani Total Gas tanks 51% in five days

Shares of Adani Total Gas were locked in the lower circuit for the fourth straight day, down 10 per cent at Rs 1,901.65 on Wednesday.

Apar Industries zooms 42% in two days, hits record high on robust earnings

The management said the company witnessed volume growth across all the three divisions and the net profit tripled on a YoY basis.

Laurus Labs slips 5%, hits over 2-year low post December quarter results

Laurus Labs delivered operationally in-line performance, led by healthy traction in CDMO-Synthesis/Non-ARV API segment

Auto shares in focus ahead of January sales; M&M up 2%, nears record high

Analysts remain positive on the auto sector given the expectation of double digit volume growth coupled with benign commodity price outlook leading to healthy margin recovery.

Surya Roshni extends rally on strong Q3 earnings; stock surges 30% in Jan

The company's steel pipes segment Ebitda/tonne jumped 76 per cent YoY to Rs 6,733 led by strong growth in value added products (mainly API pipes)

Ashish Kacholia to buy over 5% stake in this SME firm; stock soars 14%

The board approved to issue up to 1.23 million equity shares (5.38 per cent post allotment of total equity) each to Ashish Kacholia and Bengal Finance & Investment Private Limited.

Britannia's Q3 revenues may rise up to 20% YoY on higher volumes: Analysts

Britannia outperformed peers as shares surged 12 per cent in Q3FY23, whereas peers like Hindustan Unilever (HUL), Dabur India, ITC, and Tata Consumer declined up to 5 per cent, during the same period

Tech Mahindra dips 4% as management flags growth moderation, budget cuts

Tech Mahindra is witnessing moderation in growth, slower decision-making for projects, cuts in discretionary spending and shrinking budgets for short-term tactical deals, its management said

Larsen & Toubro falls 2% on profit booking post Q3 results

L&T reported a strong order book of Rs 3.72 trillion, suggesting good revenue visibility in coming years.

Bajaj Finserv, Mphasis: Is it time to buy these stocks at current levels?

Check out the trading strategies in these frontline counters in a choppy market.

Bajaj Finance's long range strategy lifts stock 5% higher

The consumer financier reported its highest-ever quarterly profit at Rs 2,973 crore in Q3FY23, up 40% YoY, aided by a healthy rise in NII and drop in provisions and contingencies

Indian Bank nears 52-week high in a weak market; stock up 19% in 3 months

Indian Bank said it is in a better financial health, well capitalised and the asset quality is continuously improving.

Heranba Industries tanks 20%, hits record low on weak Q3 results

The management said revenue impacted by challenging global macros including prolonged geopolitical concerns, rising inflation in major economies and slowdown in demand.

Sun Pharma nears 52-week high ahead of Q3 results; stock up 7% in a month

In the past one month, Sun Pharma outperformed market as shares surged 7 per cent, as compared to 2.5 per cent decline in the S&P BSE Sensex

Data Patterns surges 13% on strong Q3 results, healthy order book position

With the expectation of new orders in Q4, the management said the company is focused on improving execution effectiveness to promote operating leverage and maintaining a diversified order book

Adani Enterprises zooms 10% post clarification, other group stocks mixed

Adani Ports and Special Economic Zone (Rs 658.45) and Ambuja Cements (Rs 419.25), too, were locked in their respective 10 per cent upper circuits

Dixon hits 52-week low before closing 19.19% down on poor Q3 show

Cuts FY23 guidance, but expects sales to improve in FY24

Reliance Industries hits 10-month low, stock slips 15% since December

The stock dipped 3% to Rs 2,312 per share and traded trading at its lowest level since March 2022.

Adani Green, Adani Ports and 31 other BSE500 stocks hit 52-week lows

Shares of Indus Tower, Vodafone Idea, Aurobindo Pharma, TV18 Broadcast, Voltas and Whirlpool of India were among total 33 stocks from the S&P BSE 500 index that hit their respective 52-week lows

ITC gains nearly 3%, hits over two-month high in weak market

Brokerages expect strong growth for ITC's FMCG business led by price hikes, strong traction in discretionary categories (due to high mobility) & strong growth in education & stationary business.