Page 693 - Buzzing Stocks

Persistent Systems hits record high; soars 16% in 2 days on strong Q1 show

The company expects to sustain the healthy growth momentum in the Services business, based on the robust deal intake and a healthy deal pipeline

Inox Leisure zooms 15% on Amazon India's stake buy buzz

Inox, however, said the report was "factually incorrect" and there were no discussions between the company and Amazon India

GNA Axles surges 25% in two days on strong Q1 results

The company posted consolidated net profit of Rs 29.46 crore as against a loss of Rs 6.58 crore in the year-ago quarter on the back of a healthy operational performance

Equitas Holdings, Equitas SFB rally on amalgamation scheme approval

Equitas SFB will issue 226 shares to holding company's shareholders for every 100 they held

Alembic Pharma dips 8% on disappointing June quarter results

Ebitda (earnings before interest, taxes, depreciation, and amortization) margins declined 1258 basis points (bps) YoY to 17.8 per cent, due to higher other expenditure

Stocks to watch: Tata Motors, L&T, IndiGo, Just Dial, HUDCO, Axis Bank, DRL

Larsen & Toubro (L&T) reported a consolidated net profit at Rs 1,174 crore in the June quarter, up nearly four times from the same period last year on the back of increased revenues

Chemical stocks in focus; Alkyl Amines, Gujarat Fluorochem at new highs

Shares of Gujarat Fluorochemicals soared 9 per cent to Rs 1,730, hitting a new high today

Caplin Point jumps 19%, hits record high; stock soars 37% in seven days

A combined 5.8 million equity shares, representing 7.6 per cent of the total equity of Caplin Point Laboratories, had changed hands on NSE and BSE till 12:56 pm

Aurionpro Solutions surges 16%, hits 52-wk high on robust June quarter nos

With solid performance and strong cash flows, the company plans to become net debt free by October this year

Symphony dips 5% on disappointing Q1 results

The management expects gross margin on domestic sales for FY22 to be back to normal margin of around 50 per cent

SBI Card gains 4% on strong June quarter results

Asset quality improved with GNPA at 3.91 per cent versus 4.99 per cent QoQ while RBI RE book was down from 8 per cent to 6 per cent, sequentially

ICICI Bank hits record high post stellar Q1; slips later on profit booking

ICICI Bank reported a strong earnings performance, led by robust core PPOP (pre-provisioning operating profit) performance and controlled provisions

Stocks to watch: RIL, ITC, Tata Motors, ICICI Bank, JSW Steel, YES Bank

Cipla is recalling 7,228 bottles of Solifenacin Succinate tablets in the US market due to manufacturing issues

Zomato ends 66% higher against issue price; m-cap crosses Rs 1-trn mark

The market capitalisation of the company touched Rs 1.08 trillion in intra-day trade today

SC rejects telcos plea on AGR re-computation; Vodafone Idea tanks 15%

Three telecom firms - Bharti Airtel, Vodafone Idea and Tata Teleservices - had moved the apex court seeking correction in calculation errors in the DoT's AGR demand

ITC records sharpest intra-day gain in two months ahead of Q1 results

According to analysts, ITC is likely to post a strong show in Q1FY22, helped by a low base and recovery in cigarettes sales.

Schaeffler India rallies 20% in two days on strong June quarter results

As the Covid-19 wave-2 subsides and the consumer sentiments improve, the management is optimistic the market would come back on a faster growth trajectory

Mahindra Lifespace zooms 19% as firm to consider bonus issue plan

The board at its meeting scheduled on Wednesday, July 28, 2021, will consider the proposal for the issuance of bonus equity shares

Despite SC verdict on AGR dues, Airtel, Voda Idea look good on charts

While the Street has given a thumbs down to the development, technical charts suggest a completely different picture. MTNL has the best chart formation among the lot.

Mphasis surges 12%, hits new high on strong June quarter results

Mphasis won a total contract value (TCV) of $505 million in Direct business during the quarter, the highest ever in the history of the company