Page 653 - Buzzing Stocks
HCL Technologies surges 5% amid block deal buzz, stock hits a 10-week high
Till 09:26 am; around 8.15 million equity shares or 0.30 per cent stake of the company had changed hands on the NSE, the exchange data showed
 "HCL Technologies surges 5% amid block deal buzz, stock hits a 10-week high")
Stocks to Watch: Data Patterns, Tega, LTFH, GMR Infr, Allcargo, Ajanta Phar
Data Patterns is likely to witness a bumper listing, with Grey Market Premium (GMP) indicating a likely 45-50 per cent premium to its issue price.
 "Stocks to Watch: Data Patterns, Tega, LTFH, GMR Infr, Allcargo, Ajanta Phar")
This smallcap pharmaceutical stock has zoomed 62% thus far in December
Medicamen Biotech hit a new high of Rs 948.95, having rallied 13 per cent on the BSE in Thursday's intra-day deal.
 "This smallcap pharmaceutical stock has zoomed 62% thus far in December")
Share price of this specialty chemicals company has zoomed 38% in 3 days
In the past two weeks, the stock price of Jyoti Resins & Adhesives had zoomed 56 per cent, as compared to 2.5 per cent decline in the S&P BSE Sensex
 "Share price of this specialty chemicals company has zoomed 38% in 3 days")
L&T gains 7% thus far in December; beats market on steady order inflow
Order inflow is expected to be good in H2FY22 given the expected high activity in tendering in and awarding
 "L&T gains 7% thus far in December; beats market on steady order inflow")
Infosys hits new all-time high, stock up for third straight trading session
In the past six trading days, Infosys has gained 7 per cent after Accenture reported strong results for the quarter ended November (Q1FY22) and also gave a strong FY22 outlook
 "Infosys hits new all-time high, stock up for third straight trading session")
Medplus Health makes a strong debut; lists at 31% premium to issue price
The stock listed at Rs 1,040, a 31 per cent premium to its issue price of Rs 796 per share on the National Stock Exchange.
 "Medplus Health makes a strong debut; lists at 31% premium to issue price")
G E Shipping surges 9% on share buyback plan, board meet on December 27
The board of directors are scheduled to meet on Monday December 27, 2021 to consider and approve a proposal for buy-back of equity shares of the company.
 "G E Shipping surges 9% on share buyback plan, board meet on December 27")
Stocks to Watch: Medplus, Tata Motors, Tata Steel, GE Ship, Inox Wind, HFCL
The Grey Market Premium (GMP) indicates a likely listing gain of 15-20 per cent for Medplus Health Services
 "Stocks to Watch: Medplus, Tata Motors, Tata Steel, GE Ship, Inox Wind, HFCL")
RateGain Travel surges 28% in two trading sessions, trades at new high
The stock was up 10% in intraday trades today, but still traded below its issue price of Rs 425 per share
 "RateGain Travel surges 28% in two trading sessions, trades at new high")
Metro Brands debuts on a weak footing, lists 13% below its issue price
The stock listed at Rs 436 on the BSE and Rs 437 on the NSE, a 13 per cent below its issue price of Rs 500 per share.
 "Metro Brands debuts on a weak footing, lists 13% below its issue price")
Share price of this auto components maker has jumped 18% in the last 5 days
Minda Industries hit a record high of Rs 1,179, rallied 7% in intra-day trade today, surged 37% in past 11 trading days as the company announced a fresh round of capex and investment spends.
 "Share price of this auto components maker has jumped 18% in the last 5 days")
Hind Rectifiers surges 13%, hits 52-week high; stock up 35% in 3 days
In the past one month, the stock has rallied 47 per cent, as compared to 3 per cent fall recorded by the S&P BSE Sensex
 "Hind Rectifiers surges 13%, hits 52-week high; stock up 35% in 3 days")
India Cements surges 9% as RK Damani & family increases stake to 22.76%
As on September 30, 2021, RK Damani, Gopikishan Shivkishan Damani and family collectively held 21.14 per cent stake in India Cements.
 "India Cements surges 9% as RK Damani & family increases stake to 22.76%")
ZEE falls 5% on profit booking, post inking merger pact with Sony Pictures
In the past three months, ZEEL has outperformed the market by surging 35 per cent when compared with a 4 per cent decline in the S&P BSE Sensex
 "ZEE falls 5% on profit booking, post inking merger pact with Sony Pictures")
Stocks to Watch: Metro Brands, RIL, IOC, HCL Tech, MCX, JSW Energy, Yes Bk
Metro Brands seems set for a tepid debut given the poor response to its initial public offer
 "Stocks to Watch: Metro Brands, RIL, IOC, HCL Tech, MCX, JSW Energy, Yes Bk")
Filatex India shares jump 44% from intra-day low on heavy volumes
A combined 15.08 million equity shares, representing 6.7 per cent of total equity of the company, had changed hands on the NSE and BSE.
 "Filatex India shares jump 44% from intra-day low on heavy volumes")
RIL, HCL Tech: These 7 oversold stocks are set to lead market recovery
The underneath strength, preferably read as price action, has been able to hold ground around the major neckline supports for these stocks
 "RIL, HCL Tech: These 7 oversold stocks are set to lead market recovery")
This PSU telecom stock has zoomed 65% in three weeks, at 4-year high now
The stock of state-owned telecom services provider has rallied 17% to Rs 29.60 on the BSE in intra-day trade, was quoting at its highest level since January 2018
 "This PSU telecom stock has zoomed 65% in three weeks, at 4-year high now")
Wipro up 3% on acquisition plan of US-based Cybersecurity Firm Edgile
The acquisition is expected to strengthen Wipro's capabilities in cloud security and risk management space, ICICI Securities said in a note
 "Wipro up 3% on acquisition plan of US-based Cybersecurity Firm Edgile")