Page 674 - Buzzing Stocks
Tata Power jumps 4%, hits new high as solar arm wins multiple orders
Tata Power Solar received EPC orders worth Rs 538 crore from Energy Efficiency Services Limited (EESL) to set up multiple distributed ground mounted solar projects totalling 100 MW
 "Tata Power jumps 4%, hits new high as solar arm wins multiple orders")
Jubilant FoodWorks hits new high, surges 35% in a month on growth prospects
The financial risk profile is supported by a debt-free status, strong net worth and high financial flexibility
 "Jubilant FoodWorks hits new high, surges 35% in a month on growth prospects")
This SME shipping company stock has zoomed 68% in three days
Knowledge Marine has declared L1 bidder by the Visakhapatnam Port Trust for the tender of supply, manning, operation of high-speed patrol boat with 15 knots speed on hire basis for a period of 3 years
 "This SME shipping company stock has zoomed 68% in three days")
Radico Khaitan soars 11% to a new high on launch of two new premium IMFLs
The company has launched Magic Moments Dazzle Vodka and Royal Ranthambore Heritage Collection Royal Crafted Whisky (blended malt scotch) in the brown and white spirit categories.
 "Radico Khaitan soars 11% to a new high on launch of two new premium IMFLs")
Tata Metaliks dips 7% on reporting weak operating margin in Q2
In Q2, EBITDA margin came in at 15.5 per cent, lower by 998 basis points (bps) QoQ and 559 bps YoY on the back of higher operating costs
 "Tata Metaliks dips 7% on reporting weak operating margin in Q2")
Delta Corp surges 12%, hits over 3-year high after loss narrows in Q2
In Q2, Delta Corp reported consolidated net loss of Rs 22.57 crore as against Rs 28.93 crore in Q1FY22 and Rs 54.91 crore in Q2FY21
 "Delta Corp surges 12%, hits over 3-year high after loss narrows in Q2")
Stocks to Watch: Zee, HFCL, Tata Motors, Glenmark, JSW Steel, Vakrangee
Six companies are slated to announce earnings today including BEPL, DRC Systems India, JTL Infra, and Ind Bank Housing
 "Stocks to Watch: Zee, HFCL, Tata Motors, Glenmark, JSW Steel, Vakrangee")
SBI rallies 4%, hits record high of Rs 475 on heavy volumes
SBI appears well-positioned to report a strong uptick in earnings, led by moderation in credit costs, believe analysts
 "SBI rallies 4%, hits record high of Rs 475 on heavy volumes")
Tata Power surges 9% on heavy volumes; stock zooms 40% in two weeks
Tata Power is India's largest, integrated power company and operates across the power value chain
 "Tata Power surges 9% on heavy volumes; stock zooms 40% in two weeks")
GOCL Corp locked at 20% upper limit as arm bags Rs 592 cr Coal India order
IDL Explosives, a wholly-owned subsidiary of the Company, has bagged order worth of Rs 592.45 crore from Coal India, for supply of bulk explosives, to be supplied over a period of 2 years.
 "GOCL Corp locked at 20% upper limit as arm bags Rs 592 cr Coal India order")
MFs book profit in IRCTC, trim stake by 2.5% as stock zooms 87% in Q2
In Q2, domestic mutual funds' stake in IRCTC declined to 4.78 per cent from 7.28 per cent in Q1
 "MFs book profit in IRCTC, trim stake by 2.5% as stock zooms 87% in Q2")
Tata Motors hits Jan 2018 high; soars 39% in a month on strong outlook
Despite the impact of the semiconductor shortage on production and sales, JLR continues to see strong demand for its products with global retail orders at record levels in excess of 125,000 vehicles
 "Tata Motors hits Jan 2018 high; soars 39% in a month on strong outlook")
Reliance Industries shares can hit Rs 3,000, tech charts indicate
As long as the support of Rs 2,400 is defended; the negative sentiment is not going to see any exciting response from market participants. Short-term support exists at Rs 2,580 and Rs. 2,520
 "Reliance Industries shares can hit Rs 3,000, tech charts indicate")
Sterling and Wilson Solar soars 17% as RIL to buy 40% stake in company
Reliance Industries through its subsidiary will acquire a 40 per cent stake in Sterling and Wilson Solar through a combination of primary investment, secondary purchase and open offer
 "Sterling and Wilson Solar soars 17% as RIL to buy 40% stake in company")
Aditya Birla Sun Life makes quiet debut, lists at par against issue price
The stock started trading at Rs 715, a 0.42 per cent premium to its issue price of Rs 712 per share on the NSE.
 "Aditya Birla Sun Life makes quiet debut, lists at par against issue price")
TCS plunges 7% on lower-than-expected September quarter result
The management said attrition challenge may continue for the next two to three quarters
 "TCS plunges 7% on lower-than-expected September quarter result")
Stocks to Watch: TCS, AB Sun Life AMC, RIL, Dish Tv, Inox Leisure, Saregama
HFCL, Delta Corporation, Krsnaa Diagnostics, Ramkrishna Forgings, Saregama India, Tata Metaliks and Tinplate Company of India are slated to post their Q2 results today
 "Stocks to Watch: TCS, AB Sun Life AMC, RIL, Dish Tv, Inox Leisure, Saregama")
TCS gains 5% in two days, stock at life-time high ahead of Q2 results
Most brokerages are pencilling in double-digit growth in net profit and revenue for TCS, led by improvement in demand from BFSI, healthcare and retail, acceleration in digital technologies.
 "TCS gains 5% in two days, stock at life-time high ahead of Q2 results")
Reliance Industries gains 3%, hits new peak; m-cap nears Rs 18 trillion
Mukesh Ambani-controlled RIL's combined market-cap (partly and fully paid shares) stands at Rs 17.66 trillion
 "Reliance Industries gains 3%, hits new peak; m-cap nears Rs 18 trillion")
MTAR Technologies rallies 11%, hits all-time high on heavy volumes
On Tuesday, CRISIL upgraded the credit rating on the company's long term bank facilities to A-/Stable from BBB+/Positive and short term bank facilities to A2+ from A2
 "MTAR Technologies rallies 11%, hits all-time high on heavy volumes")