Page 693 - Buzzing Stocks

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

Stocks to watch: Zomato, RIL, SBI Card, Voda Idea, Airtel, BPCL, Biocon

Forty-one companies, including RIL, JSW Steel, SBI Card, YES Bank and Federal Bank will report their quarterly numbers today

Bharti Airtel gains 4% on rolling out new postpaid plans

Airtel said it has simplified its Postpaid plans to offer industry leading data benefits backed by a 5G ready network and superior digital-first customer care

Arvind Fashions to sell Unlimited retail biz to V-Mart Retail; stock up 16%

The company would receive cash consideration estimated at about Rs 150 crore upon the closure of transaction and thus, will fully recover the capital employed in the business

ICICI Pru soars 9%, hits new high on strong performance in June quarter

VNB growth was driven by a resilient business model, innovative product offerings and diversified distribution and product mix

Jindal Stainless signs MoU with Tata Steel Mining; stock advances 10%

The MoU is signed with an aim to jointly unearth the chrome ore locked up in the boundary between our mines located in Odisha

Gland Pharma rallies 8% on strong revenue growth in June quarter

Gland Pharma said the growth in revenue was contributed from a mix of launch of new products and volume growth in existing products

IDFC soars 19% as RBI allows company to exit as promoter of IDFC First Bank

IDFC stands to benefit as a reverse merger could help unlock shareholder value, removing the holding company discount, ICICI Securities said in a note

Jubilant FoodWorks surges 9%, hits record high on strong growth outlook

With vaccinations well under way, the management believes that the worst is behind them and is confident of delivering strong, sustained growth in the periods ahead

Stocks to watch: HUL, Bajaj Auto, IDFC, Wipro, Bajaj Finserv, IB Housing

The Reserve Bank of India has allowed IDFC to exit the IDFC First Bank after the expiry of the lock-in period of 5 years

Asian Paints rallies 7%, hits record high as Q1 profit beats estimate

The domestic decorative business more than doubled its volume and delivered stellar revenue growth on a low base

Cement shares on a roll; ACC, Ambuja, UltraTech, JK Lakshmi hit new highs

Cement shares traded higher between 3 per cent and 9 per cent on the BSE as compared to a 0.63 per cent decline in the S&P BSE Sensex.

Stock of this IT company has zoomed 248% in 26 days

Shares of Brightcom Group were locked in the 5 per cent upper circuit band for the 10th straight day at Rs 44.35 on the BSE on Tuesday

Mastek hits new high on healthy June quarter results

In the past six months, Mastek's market price has more than doubled as against a 4.6 per cent rise in the S&P BSE Sensex