Page 670 - Buzzing Stocks
Stocks to Watch: Bajaj Auto, Axis Bank, ITC, Maruti, L&T, SBI Life, Cipla
The broader markets may swing to the global cues, while individual stocks are likely to react to corporate earnings and company specific developments in trade today
 "Stocks to Watch: Bajaj Auto, Axis Bank, ITC, Maruti, L&T, SBI Life, Cipla")
IRB Infra locked at 10% lower circuit on equity dilution concerns
IRB Infra has announced two separate equity fundraise of up to Rs 5,347 crore via preferential issue of equity shares, at Rs 211.79 per share, a 28 per cent discount to Tuesday close
 "IRB Infra locked at 10% lower circuit on equity dilution concerns")
Paint stocks up on price hike reports; Asian, Berger Paints gain up to 6%
Paint companies Asian Paints and Berger Paints have taken high-single-digit price increases across their portfolio in a move to offset the rising inputs costs, indicate reports
 "Paint stocks up on price hike reports; Asian, Berger Paints gain up to 6%")
Axis Bank dips 4% on profit booking post September quarter results
The bank reported a weak operating performance in the quarter ended September 2021, owing to decline in margin, higher opex and sluggish business growth
 "Axis Bank dips 4% on profit booking post September quarter results")
Ashok Leyland, Biocon look good on charts for a rebound: Ajit Mishra
The technical analyst from Religare Broking also recommends to accumulate United Spirits. Check out the range below
 "Ashok Leyland, Biocon look good on charts for a rebound: Ajit Mishra")
Vinay Rajani recommends buying these stocks; hold Nifty with stop at 18,000
The technical analyst from HDFC Securities suggests that Ashok Leyland has one of the strongest set-up on the charts in the auto space
 "Vinay Rajani recommends buying these stocks; hold Nifty with stop at 18,000")
Sugar stocks rally up to 8% post strong Q2 results by Dwarikesh Sugar
Balarmpur Chini, Triveni Engineering, Shree Renuka, Dhampur Sugar, Dalmia Sugar and Avadh Sugar gained in the range of 4 per cent to 8 per cent in Tuesday's intraday trade
 "Sugar stocks rally up to 8% post strong Q2 results by Dwarikesh Sugar")
HG Infra soars 15% on Rs 2,297 cr NHAI order win, stock up 205% in 6 months
The company received Letter of Award (LoA) from National Highways Authority of India (NHAI) for the projects worth of Rs 2,297 crore
 "HG Infra soars 15% on Rs 2,297 cr NHAI order win, stock up 205% in 6 months")
TCI Express soars 13% on heavy volumes, hits new high on strong Q2 results
The share price of the logistics firm has rallied 25 per cent after ICRA reaffirmed ratings of the company's commercial paper and a strong Q2FY22 earnings
 "TCI Express soars 13% on heavy volumes, hits new high on strong Q2 results")
Ceat plunges 10%, hits 9-month low post September quarter results
While the steep increase in input costs continued to put pressure on margins, there was a slight increase in debt levels as well, largely on account of higher capex and higher inventory, Ceat said.
 "Ceat plunges 10%, hits 9-month low post September quarter results")
BoB, PNB hit fresh 52-week high, regain Rs 50,000-crore market cap
In the past one month, the stock of Union Bank of India, Canara Bank, Bank of Baroda and Punjab National Bank have rallied between 25 and 44 per cent
 "BoB, PNB hit fresh 52-week high, regain Rs 50,000-crore market cap")
Tech Mahindra at new high, rallies 7% on healthy September quarter numbers
The company maintained its guidance of double-digit organic revenue growth for FY22 and 15 per cent EBIT margin
 "Tech Mahindra at new high, rallies 7% on healthy September quarter numbers")
Stocks to Watch: RPSG Ventures, Axis Bank, Bajaj Fin, CanBank, Ceat, ABB
Valuation and inflation worries, high crude prices and sustained selling by foreign funds may weigh on market sentiment, while stock specific action shall continue
 "Stocks to Watch: RPSG Ventures, Axis Bank, Bajaj Fin, CanBank, Ceat, ABB")
Here's why Osho Krishan recommends buying TCS, IDFC First Bank
According to the technical analyst from Anand Rathi, TCS has corrected from its all-time high and is hovering near its 61.80 percent Fibonacci retracement suggesting strong support levels
ICICI Bank surges 9%, hits new high on strong September quarter results
In Q2, ICICI Bank reported a 30 per cent year-on-year jump in net profit aided by robust net interest income and other income as well as lower provisions.
 "ICICI Bank surges 9%, hits new high on strong September quarter results")
CSB Bank soars 10% as Q2 net profit rises 72% YoY; pares gains later
Net profit was aided by higher net interest income (NII) and lower provisioning
 "CSB Bank soars 10% as Q2 net profit rises 72% YoY; pares gains later")
RIL, ICICI Bank: Charts indicate up to 11% upside for these heavyweights
Reliance needs to sustain above Rs 2,700 for a strong upward momentum, while ICICI Bank seems to be on track to Rs 900 level
 "RIL, ICICI Bank: Charts indicate up to 11% upside for these heavyweights")
Tanla Platforms hits second straight 5% upper limit on strong Q2 results
Shares of the country's largest CPaaS provider were trading at record high levels having rallied 36 per cent in the last one month
 "Tanla Platforms hits second straight 5% upper limit on strong Q2 results")
PSBs in focus; SBI hits new high, Canara, Indian Bank hit 52-week highs
Indian Bank, Union Bank of India, Canara Bank and Bank of Baroda soared between 25 per cent and 49 per cent in the past one month
 "PSBs in focus; SBI hits new high, Canara, Indian Bank hit 52-week highs")
Tatva Chintan soars 17% on robust Q2 nos; stock up 130% from issue price
In Q2FY22, the company's consolidated net profit jumped an over nine-fold to Rs 32.41 crore against Rs 3.56 crore in Q2FY21
 "Tatva Chintan soars 17% on robust Q2 nos; stock up 130% from issue price")