Page 669 - Buzzing Stocks

Dr Reddys Labs gains 7% as profit grows 30% YoY in Q2, margins expand

Dr Reddy's global generic business grew 19 per cent YoY to Rs 4,743 crore driven by covid portfolio, new product launches and base business volume traction across key markets.

Alcohol stocks in limelight, jump up to 10%; United Spirits at record high

Pioneer Distilleries, Tilaknagar Industries, IFB Agro Industries, Khoday India, GM Breweries, Som Distilleries and United Breweries were rallied by upto 10% on the BSE in intra-day today.

Canara Bank stock surges 10%, hits 21-month high in a subdued market

Ace investor Rakesh Radheshyam Jhunjhunwala held 29.10 million equity shares or 1.6 per cent stake in Canara Bank as on September 30, 2021.

IRCTC: Govt withdraws decision to share convenience fee; shares recover 34%

ICICI Securities in a note said that, this would straight away reduce revenues and earnings before interest and tax (EBIT) by 14 per cent and 36 per cent respectively

CarTrade slips 7%, stock at new low on second straight quarterly loss

For H1FY22, CarTrade Tech posted net loss of Rs 81.47 crore against a net profit of Rs 63.57 crore during the same period of FY21

RBL Bank tanks 15% on disappointing Q2 nos, stock down 37% from 52-wk high

The management said the bank is confident of reverting to normalised levels of business, growth and profitability from the current (Q3) quarter itself

Stocks to Watch: IRCTC, Airtel, SBI Cards, DLF, Tata Power, Lupin, Escorts

IRCTC and Bharti Airtel could be in focus owing to negative news flow, apart from the stocks that are likely to react to corporate earnings

Here's why Osho Krishan recommends HDFC, L&T Technology Services

According to the technical analyst from Anand Rathi, both the stocks are placed well on a risk-reward ratio from a short to medium-term perspective

ITC dips 5% post Q2 results; stock corrects 15% from 52-week high

A stable taxation policy remains key to sustaining steady growth for cigarette recovery ahead, analysts said

Cement shares trade firm; UltraTech, ACC, Ambuja Cements gain up to 2%

The significant pick up in the infra activity backed by the NIP is likely to see healthy traction in terms of new project awards and execution medium term, which is expected to boost cement demand.

Charts flash bullish signal for ICICI Bank; more pain for HUL. Here's why

ICICI Bank is trading firmly in overbought condition, while Hindustan Unilever is still not showing signs of any reversal depsite trading in oversold territory

Torrent Power surges 7%, nears record high on robust performance in Q2

The company enjoys a strong balance sheet position with some of the best financial ratios amongst private players in the power sector with debt: equity ratio of 0.69 as at Q2FY22

Larsen & Toubro gains 4% post Q2 results, strong order book position

The growth is mainly driven by higher profits in the IT&TS portfolio and improved margins from the projects & manufacturing portfolio.

IRCTC rallies 15% as scrip turns ex-stock split in 1:5

IRCTC has fixed Friday, October 29, as the record date to ascertain the name of shareholders entitled to the split of equity shares of Rs 10 each into five equity shares at a face value of Rs 2 each

IndusInd Bank surges 6% on steady operational performance in Q2

In Q2FY22, IndusInd Bank's net profit rose by 73 per cent at Rs 1,147 crore on back of steady increase in net interest incomes and fees.

Stocks to Watch: Bajaj Finserv, NTPC, L&T, Titan, ITC, PNB, IRCTC, SBI Card

Apart from earnings candidates, auto and telecom stocks could be in focus on reports of chip shortage likely to linger for a longer period

Nykaa IPO: Brokerages recommend subscribing, but cite valuation concern

The much-awaited IPO of FSN E-Commerce Ventures, which owns online e-tailer Nykaa, will open for subscription on Thursday in a price band of Rs 1,085 - Rs 1,125

TTK Prestige soars 15% on strong Q2 results; board okays 10:1 stock split

TTK Prestige said the rationale behind the stock split is to facilitate larger shareholder base, to increase the liquidity and to make the shares more affordable to investors

SBI surpasses Bajaj Finance in m-cap ranking as stock hits new high

In the past one month, SBI has rallied 18 per cent, while Bajaj Finance has declined 3.6 per cent

This Murugappa Group stock has zoomed 100% in 11 weeks

CG Power and Industrial Solutions hit a multi-year high of Rs 157.65 today, and has zoomed 3,261 per cent from its March 2020 low of Rs 4.69 on the BSE