Page 704 - Buzzing Stocks

Coastal Corporation zooms 20% after Barclays Securities India buys stake

On Monday, June 7, 2021, Barclays Securities India Pvt Ltd purchased 220,174 shares, representing 2.07 per cent of total equity of Coastal Corporation, at price of Rs 249.15 per share

Laurus Labs trades higher for 8th straight day, soars 73% in 3 months

Shares of Laurus Labs continued their upward journey to hit a new high of Rs 599 on the BSE in intra-day trade on Tuesday

Surya Roshni gains 7%, hits record high on Rs 171 crore order win from IGGL

The company has obtained order amounted to Rs. 170.52 crore (excluding GST) for supply of coated line pipes to lndradhanush Gas Grid Limited (IGGL) for NorthEast gas grid pipeline project

Stocks to watch: Union Bank of India, Infosys, IndiGo, PNB, Surya Roshni

We expect domestic travels to reach February levels by year end, said IndiGo CEO Ronojoy Dutta

Analysts cut Bajaj Finance's FY22 earnings estimate as it warns of NPA hit

Bajaj Finance, in a mid-quarter update, indicated that its B2B and Auto Finance businesses were most affected due to strict lockdowns in majority of states

L&T extends gain after winning significant contracts for various biz

While the company did not disclose the value of the order, it generally classifies them significant, if the value is in the range of around Rs 1,000-2,500 crore

Piramal Enterprises rallies 12% in two days; stock hits 52-week high

The Mumbai bench of the NCLT has approved the Piramal Group's resolution plan for DHFL

Sugar shares rally; Dalmia Bharat, Triveni, Dwarikesh zoom up to 19%

On World Environment Day (June 5), Prime Minister Narendra Modi announced that the target of 20 per cent ethanol-blended petrol has been advanced by five years to 2025

This housing finance company's stock has zoomed over 100% in 6 days

The stock of PNB Housing Finance has zoomed 101 per cent post its announcement that its board approved a capital raise of up to Rs 4,000 crore, led by entities affiliated to Carlyle Group

NIIT hits over 13-year high on healthy March quarter results

The company recorded an exceptionally strong quarter of revenue growth and profitability owing to sustained business development, digital transformation and optimized business operations

Varroc Engineering tumbles 11% on weak March quarter results

The company's global (Ex China) passenger vehicle volumes in Q4FY21 declined mainly due to severe semi-conductor shortages

TVS Motor surges 6%, nears 52-week high after huge block deal

Around 24.4 million shares, representing 5.13 per cent of the total equity of TVS Motor Company, worth Rs 1,506 crore changed hands via block deal on the NSE, the exchange data shows

Stocks to watch: PNB, IndiGo, MRF, Tata Steel, Equitas SFB, RBL Bank

The Reserve Bank of India (RBI) approved the re-appointment of Vishwavir Ahuja as the Managing Director & CEO of RBL Bank, for a further period of one year, with effect from June 30, 2021

Adani Enterprises becomes second-most valuable Adani Group firm

At 01:34 pm, Adani Enterprises was up 6.5 per cent at Rs 1,683.6, with a market capitalisation (market-cap) of Rs 1.85 trillion, the BSE data shows

Bharat Forge surges 8%, hits 52-week high post March quarter results

The company's management said it expects robust demand to continue in major segment in the export business

United Breweries, Indian Hotels: RBI policy fires up hotel, liquor stocks

In order to mitigate the adverse impact of the second wave of the pandemic on certain contact-intensive sectors, a separate liquidity window of Rs 15,000 crore is being opened till March 31, 2022

Rate sensitive shares mixed after RBI maintains status quo on repo rate

Bank stocks such as HDFC Bank, State Bank of India (SBI), RBL Bank, Bandhan Bank and Punjab National Bank slipped nearly 1 per cent each

Power Mech Projects surges 16% as HDFC MF picks nearly 1% stake

On Thursday, HDFC MF purchased 130,000 shares, representing 0.88 per cent stake, in Power Mech Projects for Rs 8.22 crore

Larsen & Toubro rallies 15% in a month, nears record high

L&T was up 2 per cent at Rs 1,538 on the BSE, trading close to its all-time high level of Rs 1,593 touched on February 2, 2021

Stocks to watch: M&M, PNB, Bharat Forge, Lupin, rate sensitive stocks

ABB Power Products on Thursday said it has resumed operations at its manufacturing facility in Bengaluru from May 28