Page 700 - Buzzing Stocks
Jubilant FoodWorks rallies 5%, hits record high post Q4 results
The company witnessed around 90 per cent recovery in both April and May versus pre-COVID levels, despite dine-in being minimal
 "Jubilant FoodWorks rallies 5%, hits record high post Q4 results")
Infosys hits record high, rallies for 8th straight day; up 13% in a month
The stock hit a record high of Rs 1,484.10, surpassing its previous high of Rs 1,480 touched on April 12, 2021
 "Infosys hits record high, rallies for 8th straight day; up 13% in a month")
Globus Spirits hits new high; advances 28% in a week on strong Q4 results
In Q4FY21, the company's Ebitda margin grew by over 1,140 bps YoY to 24.9 per cent, on account of higher share of consumer business, and better realizations on ENA and ethanol
 "Globus Spirits hits new high; advances 28% in a week on strong Q4 results")
Adani Power, Transmission, Total Gas slip 5% for third straight day
NSDL has already clarified that the accounts of three foreign funds - holding nearly Rs 43,000 crore worth of Adani group shares - are 'active' and not frozen
 "Adani Power, Transmission, Total Gas slip 5% for third straight day")
LTI to acquire Cuelogic Technologies for $8.4 million; stock gains 2%
The acquisition is subject to customary closing conditions which are expected to get completed within 2 to 4 weeks
 "LTI to acquire Cuelogic Technologies for $8.4 million; stock gains 2%")
LIC Housing Finance dips 4% on profit booking post Q4 results
Provisions jumped sharply to Rs 977 crore in the quarter under review against Rs 181 crore (QoQ)
 "LIC Housing Finance dips 4% on profit booking post Q4 results")
Newgen Software surges 13% in 2 days after promoters sell 10.57% stake
The book building saw a strong demand and interest from marquee institutional investors, both domestic and international
 "Newgen Software surges 13% in 2 days after promoters sell 10.57% stake")
Stocks to watch: ICICI Bank, Dish TV, Adani Ports, Jubilant Pharmova, Lupin
Dr Reddy's Laboratories (DRL) on Tuesday said it has been asked to pay $46.25 million to Australia-based Hatchtech Pty Ltd as part of an asset purchase agreement between the two parties in 2015
 "Stocks to watch: ICICI Bank, Dish TV, Adani Ports, Jubilant Pharmova, Lupin")
CARE Ratings soars 22% in three days on strong Q4 results
In Q4FY21, CARE Ratings reported 69% year-on-year growth in consolidated net profit at Rs 26.49 crore as against Rs 15.68 crore in Q4FY21
 "CARE Ratings soars 22% in three days on strong Q4 results")
This Reliance Group stock has zoomed 62 per cent in four days
Reliance Industrial Infrastructure hit a new high of Rs 736.60, having rallied 19 per cent in intra-day trade on Tuesday
 "This Reliance Group stock has zoomed 62 per cent in four days")
Sagar Cements zooms 20% on stock split plan; stock nears record high
The board is scheduled to meet on July 01, 2021, to consider a proposal to sub-divide (split) the face value of the equity shares of the Company from Rs 10 each into an appropriate amount
 "Sagar Cements zooms 20% on stock split plan; stock nears record high")
Newgen Software rallies 12%, hits new high after block deals
Till 09:56 am, around 7.5 million shares, representing 10.7 per cent of the company's total equity, had changed hands on the BSE, the exchange data shows
 "Newgen Software rallies 12%, hits new high after block deals")
Deepak Fertilisers zooms 52% in a week; stock nears record high
In the past six months, the stock has soared nearly 190 per cent, against 14 per cent rally in the S&P BSE Sensex
 "Deepak Fertilisers zooms 52% in a week; stock nears record high")
Stocks to watch: Jubilant Food, Coal India, JSW Ispat, SBI Card, NHPC
SBI Cards and Payment Services (SBI Card) on Monday said it has raised Rs 500 crore by issuing bonds
 "Stocks to watch: Jubilant Food, Coal India, JSW Ispat, SBI Card, NHPC")
Adani Group clarifies on FPI account development; stocks see some recovery
Adani Group clarified that the demat accounts of three foreign funds-Albula Investment Fund, Cresta Fund and APMS Investment Fund holding shares in group Companies are not frozen.
 "Adani Group clarifies on FPI account development; stocks see some recovery")
Greaves Cotton rallies 6% on heavy volumes; stock nears 52-week high
In the past one week, the stock of Greaves Cotton has soared 18 per cent, as compared to 0.41 per cent rise in the S&P BSE Sensex
 "Greaves Cotton rallies 6% on heavy volumes; stock nears 52-week high")
Godawari Power trades higher for seventh straight day; zooms 51% in 3 days
In the past two weeks, the stock has soared 64 per cent after the company posted a multifold jump in consolidated net profit at Rs 304 crore in Q4FY21
 "Godawari Power trades higher for seventh straight day; zooms 51% in 3 days")
Tide Water, Easy Trip, Prozone Intu, RCom zoom over 100% in a month
Tide Water Oil was locked in the upper circuit for the second straight day, up 5 per cent at Rs 12,030.80 after the company announced a 1:1 bonus, Rs 200 dividend, and a stock split from Rs 5 to Rs 2
eClerx Services rallies 45% in 3 days, hits new high post Q4 results
The company reported healthy March quarter numbers with revenues up 19.3 per cent QoQ in constant currency terms and 19.7 per cent QoQ in reported terms
BHEL slips 18% on lower-than-expected March quarter results
In Q4FY21, EBITDA level loss came in at Rs 1,264.3 crore as against EBITDA loss of Rs 561.7 crore in Q4FY20
 "BHEL slips 18% on lower-than-expected March quarter results")