Page 711 - Buzzing Stocks

Gokaldas Exports zooms 16%, hits over 3-year high on strong Q4 results

The company said it has a strong order book for the coming quarters based on consistent execution and strong credibility in the eyes of its customers

SBI shares surge 5%, hit 8-week high on heavy volumes

The bank's board of directors is scheduled to meet on Friday, May 21, 2021, to consider and approve approval of audited financial results for year ended 31st March, 2021 and dividend, if any

Balkrishna Industries surges 9%, hits record high on robust Q4 results

The management said the demand continues to be robust in Agriculture segment across Geographies

Cipla dips 4% on lower than expected March quarter earnings

The company's performance in Q4FY21 was weighed by moderate YoY growth in India Domestic Formulation (DF)/South Africa and decline in API sales for the quarter

Hester Biosciences zooms 33% in 2 days as firm in talks to produce Covaxin

The company said it has tied up with the Gujarat government to explore the production of Covid-19 vaccine through technology transfer from Bharat Biotech

L&T shares decline over 3% amid profit booking post March quarter results

The reported net profit was higher than Bloomberg consensus estimate of Rs 3,042 crore, despite the 116 per cent YoY jump in tax expenses to Rs 2,087 crore

Stocks to watch: Bharti Airtel, L&T, Cipla, Geojit Financial, Hero MotoCorp

Punjab National Bank (PNB) on Saturday said it has raised Rs 1,800 crore by selling 53 crore shares on a private placement basis to investors like LIC and Societe Generale

ITC records sharpest intra-day gain in over three months; stock up over 4%

Earlier, on February 4, 2021, the stock had seen intra-day rally of 6.8 per cent, while it touched a 52-week high of Rs 239.15 on February 9, 2021

Prince Pipes soars 15%, hits fresh record high as Q4 profit grows 246% YoY

In the past one year, the stock has zoomed 680 per cent as against a 56 per cent rally in the S&P BSE Sensex

This smallcap pharma stock has zoomed over 100% in a month

The stock of the smallcap pharmaceuticals company was trading at its 52-week high level on the BSE

Lupin shares slide 4% amid profit booking post March quarter results

During the past six trading days, Lupin outperformed the market and surged 15 per cent as compared to a per cent rise in the S&P BSE Sensex till Wednesday

Mphasis shares decline 2% on muted March quarter performance

Mphasis Q4 results: Net profit margins contracted from 15.06 per cent in the year ago period to 12.56 per cent in the quarter under study. The margin also declined 60 bps on sequential basis

HG Infra Engineering soars 19% on robust March quarter results

The company said the strict discipline in selecting and executing orders were translating into robust margins and return profile

Asian Paints surges 11% on strong revenue growth in Q4

The management said the domestic decorative business delivered a stellar performance, registering a 48 per cent volume growth in the quarter, led by robust growth in the premium and luxury product ran

UPL jumps 5%, hits new high on healthy March quarter results

The strong margins and cost synergies have augured well for EBITDA margin expansion of 270 basis points (bps) at 22 per cent during the quarter

Stocks to watch: L&T, DRL, UPL, Eicher Motors, Happiest Minds, Tata Power

Royal Enfield said it has decided to shut down its two manufacturing facilities between May 13-16 amid a second Covid wave

Venkys (India) rallies 10%, hits 52-week high post Q4 results

The board has recommended a dividend of Rs 17 per equity share (170 per cent) for the year ended March 31, 2021, subject to the approval of shareholders

Siemens surges 10%, hits new high on strong March quarter results

Siemens registered new orders from continuing operations of Rs 3,309 crore, registering a 16.9 per cent increase over the same period last year

Godrej Consumer soars 15% on Sudhir Sitapati's appointment as MD and CEO

Sudhir Sitapati, who spent over two decades at FMCG Hindustan Unilever, will take over as Godrej Consumer's managing director (MD) and CEO in October 2021

Stocks to watch: Asian Paints, UPL, Adani Enterprises, Airtel, M&M, Infosys

M&M said its sales volume for the quarter ended June 2021 is estimated to be lower by 15-20 per cent as compared to the year-ago period due to the second wave of the coronavirus