Page 658 - Buzzing Stocks
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 Reliance Group stock has surged 62% in 2 weeks, hit over a 11-yr high")
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")
Whirlpool of India dips 10%, hits 52-week low in a firm market
Since November 1, 2021, the stock has underperformed the market by falling 19% after the company reported 39% YoY decline in its standalone net profit at Rs 78.50 crore in Q2
 "Whirlpool of India dips 10%, hits 52-week low in a firm market")
Nykaa mcap falls below Rs 1-trn mark; stock down 5%, sheds 18% in a week
The lock-in period for anchor investors gets over on Wednesday, December 8
 "Nykaa mcap falls below Rs 1-trn mark; stock down 5%, sheds 18% in a week")
Outlook for Nifty to remain bearish below 17,490, says Subash Gangadharan
The technical & derivative analyst from HDFC Securities recommends buying SAIL and and Hindalco
 "Outlook for Nifty to remain bearish below 17,490, says Subash Gangadharan")
Stocks to Watch: RIL, SpiceJet, Rolta, Jindal Steel, banks, airline stocks
Rate sensitive shares are likely to be in focus owing to the RBI policy meet outcome
 "Stocks to Watch: RIL, SpiceJet, Rolta, Jindal Steel, banks, airline stocks")
CarTrade Tech hits new all-time low, stock down 46% from its issue price
Since October 29, 2021, the market price of CarTrade Tech slipped 24 per cent after the company reported a net loss for the second straight quarter of current fiscal.
 "CarTrade Tech hits new all-time low, stock down 46% from its issue price")
This stock has zoomed 49% in 6 days after Vijay Kedia bought stake
Talbros Automotive Components rallied 8 per cent to hit a new high of Rs 442 on Tuesday
 "This stock has zoomed 49% in 6 days after Vijay Kedia bought stake")
Nykaa trades lower for fourth straight day; slides 17% from lifetime high
The stock of the fashion and cosmetics online retailer was down 2.6% to Rs 2,135 on the BSE, having fallen 14 per cent in the past four trading days
 "Nykaa trades lower for fourth straight day; slides 17% from lifetime high")
RateGain Travel Technologies IPO: Brokerages recommend to 'Subscribe'
The IPO will be open for subscription from December 07 to December 09, in the price band of Rs 405 to Rs 425
 "RateGain Travel Technologies IPO: Brokerages recommend to 'Subscribe'")
IFCI rallies 9%, nears 52-week high; stock has surged 39% in one week
IFCI's ratings outlook will change to stable if the company's strategic importance to the GoI increases significantly along with the infusion of sizeable capital, ICRA said in its report
 "IFCI rallies 9%, nears 52-week high; stock has surged 39% in one week")
Tanla hits 5% upper circuit on tie-up with Voda Idea for Wisely Platform
In the past one month, the stock of Tanla has outperformed the market by surging 36 per cent
Stocks to Watch: Indigo, ONGC, PNB, Tata Power, RInfra, FMCG, Cement shares
Analysts expect under-performance by FMCG shares to continue
 "Stocks to Watch: Indigo, ONGC, PNB, Tata Power, RInfra, FMCG, Cement shares")
Vodafone Idea hits 31-month high, stock surges 38% in 4 trading days
With the current rally, the market value of VIL has zoomed 235 per cent from its 52-week low of Rs 4.55 touched on August 5, 2021
 "Vodafone Idea hits 31-month high, stock surges 38% in 4 trading days")
Stock of this auto ancillary company has zoomed 241% in six weeks
Automotive Stampings & Assemblies said that the company has decided to establish a new plant at Survey No. 679/2/2, Alandi Road, Kuruli, Chakan, Taluka : Khed, District, Pune.
Tarsons Products hits lowest level since debut; down 32% from all-time high
The Covid-19 pandemic, or any future pandemic or widespread public health emergency, could materially and adversely impact the business results of operations, cash flows and financial condition
 "Tarsons Products hits lowest level since debut; down 32% from all-time high")