Page 687 - Buzzing Stocks
Chemplast Sanmar rises for 6th day in row after weak debut, up 21% from low
On Wednesday, September 1, 2021, Chemplast Sanmar announced that it has redeemed the entire outstanding NCDs that were issued in December 2019 by the company
 "Chemplast Sanmar rises for 6th day in row after weak debut, up 21% from low")
HDFC Life rallies 5%, hits record high ahead of board meet for fund raising
The board will meet on Friday, September 3, 2021 to consider issue of equity shares and / or other securities of the Company by way of preferential allotment
 "HDFC Life rallies 5%, hits record high ahead of board meet for fund raising")
Shares of this defence company have zoomed 76% in 9 days
Zen Technologies was locked in the 20% upper cicuit at Rs 139.80 on the BSE on Thursday
 "Shares of this defence company have zoomed 76% in 9 days")
TD Power Systems zooms 87% in 3 weeks on strong outlook, hits 3-year high
The management said we are seeing very strong demand from export markets, as well as a very significant pickup of order booking and sales in the domestic market
 "TD Power Systems zooms 87% in 3 weeks on strong outlook, hits 3-year high")
Cement shares in demand; UltraTech, ACC, Ambuja hit record highs
Going forward, easing of localised curbs and post monsoon, analysts expect a sharp rebound in demand for cement.
 "Cement shares in demand; UltraTech, ACC, Ambuja hit record highs")
Kitex Garments surges 10% as Telegana government approves expansion plan
The company expects business to grow at a good pace and there are possibilities of getting new orders from existing/ new buyers from across globe in the backdrop of the US-China trade war
 "Kitex Garments surges 10% as Telegana government approves expansion plan")
Stocks to watch: Vedanta, Coal India, Hindustan Zinc, Eicher Motors, SBI
Indian Energy Exchange (IEX) has recorded an all-time high monthly trade of 9,538 million units (MU) in August which is 74 per cent higher compared to the same month last year.
 "Stocks to watch: Vedanta, Coal India, Hindustan Zinc, Eicher Motors, SBI")
AU Small Finance Bank jumps 7% as firm clarifies on recent managerial exits
The management clarified on the recent exits in the bank, including on the resignation of internal audit head, Sumit Dhir, saying he resigned following personal reasons
 "AU Small Finance Bank jumps 7% as firm clarifies on recent managerial exits")
Shoppers Stop shares surge 6% as Co sells Crossword Bookstore for Rs 42 cr
Shoppers Stop shall divest 51 percent stake (expected to be completed within 15 days) and another 39 percent in the next 12 months
 "Shoppers Stop shares surge 6% as Co sells Crossword Bookstore for Rs 42 cr")
Axis Bank shares surge 11% in 5 days. What's fuelling the rally?
In a recent report, global brokerage CLSA turned bullish on select financial counters including Axis Bank on attractive risk to reward for large-cap banks
 "Axis Bank shares surge 11% in 5 days. What's fuelling the rally?")
Likhita Infrastructure shares soar 8% on Rs 146 crore order win
The value of the total outstanding order book as of August 31 stood at approximately Rs 1,020 crore
 "Likhita Infrastructure shares soar 8% on Rs 146 crore order win")
Stocks to watch: Maruti Suzuki, Wipro, BHEL, Likhitha Infra, Shoppers Stop
India's biggest car maker Maruti Suzuki said on Tuesday that its vehicle production in September will tumble by 60 per cent due to a chip shortage
 "Stocks to watch: Maruti Suzuki, Wipro, BHEL, Likhitha Infra, Shoppers Stop")
Airtel's Rs 21k-cr rights issue may open exit door for Voda Idea: Analysts
Bharti Airtel's staggered equity capital raise may also create adequate headroom to prepare for a scenario of plausible exit of Vodafone Idea in the medium term, fear analysts
 "Airtel's Rs 21k-cr rights issue may open exit door for Voda Idea: Analysts")
Bharti Airtel clarifies on Google investment buzz; stock hits new high
Bharti Airtel said the company evaluates various opportunities of potential investor engagement and takes decisions in a judicious manner
 "Bharti Airtel clarifies on Google investment buzz; stock hits new high")
Adani Grp stocks soar; Adani Transmission, Total Gas add up to 75% in 1 mth
Adani Enterprises is 7.5 per cent away from its all-time high level of Rs 1,718.45 touched on June 7, 2021
 "Adani Grp stocks soar; Adani Transmission, Total Gas add up to 75% in 1 mth")
Globus Spirits zooms 208% in 3 months on healthy outlook; hits new high
The company said the new capacity additions and strong balance sheet is likely to take the company to new heights going forward.
 "Globus Spirits zooms 208% in 3 months on healthy outlook; hits new high")
Airtel jumps 8% in 2 days on Rs 21,000 cr fundraise, Google investment talk
According to media report, Google is now in talks to make large investments in Airtel
 "Airtel jumps 8% in 2 days on Rs 21,000 cr fundraise, Google investment talk")
Aptech hits over 3-year high ahead of board meet to launch new online biz
In the past six trading days, the stock of Aptech has rallied 23 per cent
HCL Technologies hits new high; stock surges 16% in one month
HCL Tech's exposure to deeply troubled verticals - Energy, Transportation, Travel, Hospitality, and Retail - remains lower relative to its peers, which bodes well for the company's growth outlook
 "HCL Technologies hits new high; stock surges 16% in one month")
Stocks to watch: Axis Bank, L&T, NHPC, Jindal Steel, Bank of Baroda
BSE has announced price band revision for seven companies including Exxaro Tiles and Kemistar Corporation effective today