Page 657 - Buzzing Stocks
Minda Industries soars 8% on JV with Germany-based FRIWO for EV components
The company has entered into JV with FRIWO AG Germany to manufacture and supply various EV components in the Indian subcontinent with a planned capex of Rs 390 crore in the next six years.
 "Minda Industries soars 8% on JV with Germany-based FRIWO for EV components")
Stocks to Watch: RIL, Lupin, SBI, Maruti, PowerGrid, Minda, BoM, Vedanta
Maruti Suzuki India (MSI) is currently analysing customer feedback to ascertain if the Jimny brand can be introduced in India
 "Stocks to Watch: RIL, Lupin, SBI, Maruti, PowerGrid, Minda, BoM, Vedanta")
Stock of this construction company has zoomed 88% in 14 trading sessions
On November 15, 2021, HCC had announced that the company in consortium with KEC International Limited (KEC), has been awarded Rs 1,309 crore contract by Chennai Metro Rail Limited
 "Stock of this construction company has zoomed 88% in 14 trading sessions")
Indian Energy Exchange soars 13% on heavy volume, stock up 21% in four days
IEX on Wednesday, December 8, 2021, announced that its board allotted 599 million equity shares of Re 1 each as fully-paid up bonus equity shares, in the proportion of 2:1 to the eligible members
 "Indian Energy Exchange soars 13% on heavy volume, stock up 21% in four days")
Network18 Media hits over 11-year high on heavy volumes; up 42% in 4 days
In the past three months, the market price of the company has more-than-doubled as against a 0.56 per cent rise in the Sensex.
 "Network18 Media hits over 11-year high on heavy volumes; up 42% in 4 days")
Siemens hits record high, rallies 8% on record order book, growth outlook
As government investment in infrastructure continues and capacity utilization levels increase, the management believes tendering for private sector Capex will pick up in the months ahead
 "Siemens hits record high, rallies 8% on record order book, growth outlook")
Bajaj Electricals surges 11% on board nod for business restructuring plan
Bajaj Electricals is currently engaged in consumer product (CP) segment and engineering procurement and construction segment (EPC) segment
 "Bajaj Electricals surges 11% on board nod for business restructuring plan")
Star Health lists at 6% discount against issue price of Rs 900 a piece
The stock listed at Rs 845, 6 per cent below its issue price of Rs 900 per share on the National Stock Exchange
 "Star Health lists at 6% discount against issue price of Rs 900 a piece")
Stocks to Watch: Paytm, Star Health, Rel Cap, Ujjivan SFB, BPCL, telcos
Further consolidation seems likely, while telecom stocks may be in focus owing to the new DoT order on limiting SIMs per user
ITC bounces back, gains 8% in 3-days after a 18% decline from 52-week high
ITC said the company will hold its 'Institutional Investors and Financial Analysts Day' on Tuesday, 14th December, 2021 from 10.30 a.m.
 "ITC bounces back, gains 8% in 3-days after a 18% decline from 52-week high")
This textiles company stock has zoomed 291% in 6 weeks since split
In past six months, the stock of Raghuvir Synthetics has zoomed 2623 per cent as against a 12.6 per cent gain in the S&P BSE Sensex
 "This textiles company stock has zoomed 291% in 6 weeks since split")
Sugar stocks in demand; Balrampur, Dalmia Bharat, Triveni gain up to 10%
ICICI Securities believe domestic as well as global sugar prices would remain firm at least for next one year
 "Sugar stocks in demand; Balrampur, Dalmia Bharat, Triveni gain up to 10%")
Vodafone Idea soars 15%, hits fresh 52-week high; stock up 64% in 3-weeks
The shares of the telecom service provider were trading at their highest level since May 7, 2019
 "Vodafone Idea soars 15%, hits fresh 52-week high; stock up 64% in 3-weeks")
KPR Mill rallies 6%, hits record high on robust growth outlook
In the past 11 trading days, KPR Mill's market price has advanced 16 per cent after the company announced the successful commissioning of its new 42 million garments production capacity at Tamil Nadu.
 "KPR Mill rallies 6%, hits record high on robust growth outlook")
Devyani surges 29% in 3-days, stock up 111% from issue price in 4 months
On Wednesday, December 8, 2021, the brokerage firm Motilal Oswal Financial Services initiated coverage on Devyani with a Buy rating and target price of Rs 190.
 "Devyani surges 29% in 3-days, stock up 111% from issue price in 4 months")
Stocks to Watch: RIL, M&M, Neogen, JBM Auto, Kopran, UBL, Voda Idea
The markets may consolidate after two days of strong gains for the benchmark indices
 "Stocks to Watch: RIL, M&M, Neogen, JBM Auto, Kopran, UBL, Voda Idea")
This Reliance Group stock has surged 62% in 2 weeks, hit over a 11-yr high
Reliance Industrial Infrastructure rallied 19% to Rs 993.50 on the BSE,trading at its highest level since July 2010.
This construction & engineering company stock has zoomed 62% in 6 days
Ramky Infrastructure has hit a 52-week high of Rs 241.60 on surging 15 per cent on the BSE on back of three-fold jump in trading volumes
 "This construction & engineering company stock has zoomed 62% in 6 days")
Devyani International surges 13% on heavy volumes, stock at all-time high
Motilal Oswal Institutional Equities has initiated coverage on Devyani with a Buy rating and target price of Rs 190, driven by KFC's strong brand equity and operating metrics
 "Devyani International surges 13% on heavy volumes, stock at all-time high")
Rate sensitive sector indices gain upto 2% as RBI keeps repo rate unchanged
Among individual stocks, Bajaj Finance, Mahindra & Mahindra Financial Services, ICICI Bank and State Bank of India (SBI) logged smart gains
 "Rate sensitive sector indices gain upto 2% as RBI keeps repo rate unchanged")