Page 567 - Buzzing Stocks
Transformers and Rectifiers India surges 10% on healthy growth outlook
In past one week, the stock has outperformed the market by surging 25 per cent, as compared to 1.8 per cent decline in the S&P BSE Sensex.
 "Transformers and Rectifiers India surges 10% on healthy growth outlook")
Jindal Steel & Power up 2%, hits over 10-month high in a choppy market
Monnet Power Assets, once operational, will provide an opportunity for the company to improve the heat rate, resulting in lower usage of coal in the power plant, said ICICI Securities in its report.
 "Jindal Steel & Power up 2%, hits over 10-month high in a choppy market")
Stocks to Watch: Adani Wilmar, CPSEs, Sigachi, Bank of Baroda, PC Jeweller
Stocks to Watch: GNFC and Indiabulls Housing Finance are the only stocks in F&O ban period on Wednesday.
 "Stocks to Watch: Adani Wilmar, CPSEs, Sigachi, Bank of Baroda, PC Jeweller")
CLSA upgrades Tata Motors to 'Buy' after JLR wholesales jump 15% YoY in Q3
Shares of Tata Motors surged 7 per cent in Tuesday's intra-day trade to hit a high of Rs 417.7 apiece
 "CLSA upgrades Tata Motors to 'Buy' after JLR wholesales jump 15% YoY in Q3")
Adani Group shares under pressure; Adani Ent falls 5%, Adani Ports down 3%
Some of the biggest Adani group backers from the Gulf are likely to be among the largest buyers of the Adani Enterprises' FPO, which is expected to be launched later this month.
 "Adani Group shares under pressure; Adani Ent falls 5%, Adani Ports down 3%")
Sona Comstar to acquire 54% stake in Serbian firm NOVELIC; stock jumps 9%
Sona Comstar will acquire this 54 per cent equity stake in NOVELIC for euro 40.5 million through a combination of primary and secondary purchases
 "Sona Comstar to acquire 54% stake in Serbian firm NOVELIC; stock jumps 9%")
Schneider Electric soars 14%, hits over 7-year high on positive outlook
In past 12 trading sessions, the stock has zoomed 44 per cent and now quotes at its highest level since August 2015.
 "Schneider Electric soars 14%, hits over 7-year high on positive outlook")
CG Power hits record high; stock surges 10% in two days on heavy volumes
In H1FY23, Ebitda margins improved 200 bps to 14.2% on account of improved sales realisation, favourable product mix, moderation in input costs, procurement efficiencies and better operating leverage.
TCS dips 2% as Q3 profit misses estimates; board okays Rs 75/sh dividend
Moderation of attrition is a positive and indicates easing of supply side challenges, which is likely to support margins, going ahead, ICICI Securities said in its note.
 "TCS dips 2% as Q3 profit misses estimates; board okays Rs 75/sh dividend")
Mehul Kothari recommends to buy Laurus Labs, RateGain Travel Technologies
According to the technical analyst from Anand Rathi, Laurus Labs can rally to Rs 400; while RateGain can jump to Rs 330.
Stocks to Watch: TCS, SBI, Tata Motors, LIC, Paytm, IDBI Bank, ONGC, PVR
Stocks to Watch: TCS reported 11 per cent YoY growth in Q3 net, while revenue beat analyst expectations at Rs 58,229 crore.
 "Stocks to Watch: TCS, SBI, Tata Motors, LIC, Paytm, IDBI Bank, ONGC, PVR")
Titan slips 2% despite 11% YoY jewellery sales growth in Q3 update
In the past three months, the stock declined 9 per cent, as against 4 per cent rise in the S&P BSE Sensex.
 "Titan slips 2% despite 11% YoY jewellery sales growth in Q3 update")
Textile stocks in focus; Nitin Spinners, Filatex, Lambodhara zoom up to 16%
Lambodhara Textiles hit a 52-week high of Rs 164, surging 16% in the intra-day trade toda. The stock has rallied 30% in the past two trading days
 "Textile stocks in focus; Nitin Spinners, Filatex, Lambodhara zoom up to 16%")
Godfrey Phillips India hits record high; stock zooms 100% in 6 months
In October 2022, Godfrey Phillips divested from the chewing business by sale/ assignment of associated trademarks and certain non-current assets to focus more on cigarette business
Vodafone Idea hits lowest level since September 2021, down 6% in firm mkt
According to a media report, the DoT is looking at the financials and the operations of Vodafone Idea to ascertain its health
 "Vodafone Idea hits lowest level since September 2021, down 6% in firm mkt")
Infrastructure stocks in focus; PNC, HG Infra, Ashoka Buildcon soar upto 7%
HG Infra and PNC Infratech hit respective 52-week highs in trades so far on Monday
 "Infrastructure stocks in focus; PNC, HG Infra, Ashoka Buildcon soar upto 7%")
Kalyan Jewellers surges 6%; reports up to 13% revenue growth in Q3
The company said December quarter witnessed positive momentum in footfalls and revenue across all the markets majorly driven by strong festive demand.
 "Kalyan Jewellers surges 6%; reports up to 13% revenue growth in Q3")
Stocks to Watch: TCS, Paytm, PTC, Lodha, Heritage Foods, Electronics Mart
Stocks to Watch: TCS and other IT stocks in focus, as the Tata Group IT major will be reporting its Q3 earnings on Monday.
 "Stocks to Watch: TCS, Paytm, PTC, Lodha, Heritage Foods, Electronics Mart")
Sigachi Industries zooms 19% as board plans to mull fund raising plan
The board of SIL will meet on January 10, 2023 to consider the proposal of raising funds by way of issue of equity or convertible warrants on preferential basis to the promoters and non-promoters.
 "Sigachi Industries zooms 19% as board plans to mull fund raising plan")
Dabur India falls 4% after Q3 update hints high inflation to dent margins
On account of challenging macro-economic environment and muted category growths in the quarter, the management anticipates to report low to mid-single digit revenue growth
 "Dabur India falls 4% after Q3 update hints high inflation to dent margins")