Page 699 - Buzzing Stocks

PNB Housing hits 5% lower circuit as Sebi halts deal with Carlyle

Sebi has directed the company to undertake valuation of shares by an independent registered valuer as per the provisions of applicable laws

HUL stock hits 52-week high in a weak market amid demand recovery hopes

The management believes the outlook from June'21 onwards is positive, subject to the emergence of a third Covid-19 wave

Bandhan Bank up 7% as Assam govt inks pact with MFIs for stressed borrowers

Brokerage firm ICICI Securities opines that this is positive for micro lenders and especially Bandhan Bank as recoveries are now assured by the state

Stocks to watch: RIL, PNB Housing, Centrum Capital, HDFC Bank, ICICI Bank

S&P Global Ratings on Friday said it has revised the rating outlook on ICICI Bank Ltd to stable from negative

CLSA puts sell rating on Rakesh Jhunjhunwala-backed Nazara; stock tanks 12%

CLSA initiated coverage on Nazara Tech with a Sell rating and target price of Rs 1,095, citing hefty premium valuation

RInfra crosses Rs 100 mark after a two-year gap, up 221% in two months

In the past one month, the stock of RInfra has rallied 105 per cent, as compared to a 1 per cent decline in the S&P BSE Sensex

Deepak Fertilisers, Godawari Power dip 5% after surging up to 54% in 9 days

These stocks are trading under 'T' group on the BSE and 'BE' segment on the National Stock Exchange

Hindustan Unilever trades higher for 4th straight day, nears 52-week high

Analysts said the outlook from June 2021 onwards is positive, barring the emergence of a third COVID wave

Tips Industries locked in 5% upper circuit for 4th straight day

In Q4FY21, Tips Industries posted consolidated net profit at Rs 18.3 crore against Rs 0.40 crore in Q4FY20

SBI Cards declines 6% after nearly 7% equity changes hands via block deal

According to reports, US-based private equity (PE) firm Carlyle planned to offload 5.1 per cent stake in SBI Cards and Payment Services

Globus Spirits zooms 50% in a week on strong Q4 nos; stock hits new high

Between June 14 and June 17, Franklin Strategic Emerging Markets Fund IV sold 1.96 million shares, representing 6.8 per cent stake of Globus Spirits, through a bulk deals on the NSE

Stocks to watch: SBI Card, BEML, Power Grid, Max Financial, Coal India

Coal India Limited is debating on hiking coal price for the regulated sector and may take a call soon, a senior official said

Liquor stocks rally; Globus Spirits zooms 20%, Radico Khaitan surges 10%

In the past two days, Franklin Strategic Emerging Markets Fund IV sold 799,000 shares, representing a 2.7 per cent stake, of Globus Spirits through a bulk deal on the National Stock Exchange

PNB Housing hits 5% upper circuit after 25% fall from 52-week high

In May, PNB Housing Finance had announced that it will raise Rs 4,000 crore from a clutch of investors, led by existing stakeholder Carlyle group, by way of issuing preference shares and warrants

Cement shares in focus; Ambjua, JK Lakshmi Cement hit record highs

With ease in restrictions from July onwards, demand is expected to pick up

Greaves Cotton advances 10% on heavy volumes; stock nears record high

The government increased the subsidy on electric two-wheelers by 50 per cent, under the second phase of the FAME India scheme, making them more affordable

CESC surges 6%, hits 52-week high post Q4 results, stock split approval

The company intends to improve the liquidity of its shares in the stock market by reducing the nominal value of the shares through the process of subdivision

Gujarat Gas hits new high; rallies 32% in four weeks on healthy Q4 results

As restrictions are being lifted gradually in many of company's operating areas, natural gas demand is likely to improve

Somany Ceramics surges 12%, hits 52-week high on strong Q4 results

The revenues during the quarter under review grew 58.8 per cent year-on-year (YoY) to Rs 562 crore from Rs 354 crore on the back of strong volumes

Stocks to watch: Power Grid, SBI, Tata Steel, CESC, Federal Bank, Wipro

SBI Board is slated to meet on June 21 to consider a fundraising plan for FY22