Page 712 - Buzzing Stocks
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
 "Asian Paints surges 11% on strong revenue growth in Q4")
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
 "UPL jumps 5%, hits new high on healthy March quarter results")
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
 "Stocks to watch: L&T, DRL, UPL, Eicher Motors, Happiest Minds, Tata Power")
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
 "Venkys (India) rallies 10%, hits 52-week high post Q4 results")
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
 "Siemens surges 10%, hits new high on strong March quarter results")
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
 "Godrej Consumer soars 15% on Sudhir Sitapati's appointment as MD and CEO")
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
 "Stocks to watch: Asian Paints, UPL, Adani Enterprises, Airtel, M&M, Infosys")
BHEL hits 21-month high on heavy volumes; stock zooms 59% in 8 days
Till 03:05 pm, a combined 513 million equity shares, representing 15 per cent of total equity of BHEL, had changed hands on the NSE and BSE
 "BHEL hits 21-month high on heavy volumes; stock zooms 59% in 8 days")
Dhampur, Dwarikesh: Breakout in sugar stocks has room for more upside
Most brokerages have a positive stance on India's sugar industry as it appears well poised to benefit from global and domestic factors
 "Dhampur, Dwarikesh: Breakout in sugar stocks has room for more upside")
Apcotex rallies 31% in 4 days post Q4 results; stock zooms 80% in a month
Better procurement of raw materials and implementation of cost-saving projects over the last few months and the year assisted in bolstering the margins of the company in Q4FY21
 "Apcotex rallies 31% in 4 days post Q4 results; stock zooms 80% in a month")
Tata Motors DVR hits 33-month high, surges 20% in a week
According to a Business Standard report, Tata Motors DVR, Intellect Design and SKF India could be added to the MSCI Smallcap index after the index provider does its semi-annual review
 "Tata Motors DVR hits 33-month high, surges 20% in a week")
Alkyl Amines trades ex-split; stock surges 10%, hits new high
The company has split the equity share of face value Rs 5 into face value Rs 2
 "Alkyl Amines trades ex-split; stock surges 10%, hits new high")
Stocks to watch: PNB, IndiGo, HUL, HFCL, Siemens, IOB, Oberoi Realty
JSW Hydro Energy, an arm of JSW Energy, has raised $707 million from an international green bond issue that was oversubscribed by over four times, merchant bankers said on Monday
 "Stocks to watch: PNB, IndiGo, HUL, HFCL, Siemens, IOB, Oberoi Realty")
Sugar stocks extend rally; Dhampur, Dwarikesh soar over 70% in a month
Lower production in Brazil and Thailand, the two largest sugar exporters in the world, could result in higher opportunities for domestic exporters
 "Sugar stocks extend rally; Dhampur, Dwarikesh soar over 70% in a month")
The stock of this broking firm has zoomed 101% in a month
In the past one week, the stock has zoomed 61 per cent, after the company reported a healthy 39% QoQ jump in its consolidated net profit at Rs 102 crore in the March quarter
 "The stock of this broking firm has zoomed 101% in a month")
Nifty Pharma index hits all-time high; Sun Pharma scales 4-year high
Since April, the Nifty Pharma index has outperformed the market by surging 15 per cent, against 1.7 per cent gain in the Nifty50 index
 "Nifty Pharma index hits all-time high; Sun Pharma scales 4-year high")
CSB Bank soars 10%, hits 52-week high on impressive Q4 results
In Q4FY21, the net interest income (NII) grew 75 per cent year-on-year (YoY) at Rs 275.70 crore as against Rs 157.54 crore in the year-ago quarter
 "CSB Bank soars 10%, hits 52-week high on impressive Q4 results")
Hindustan Copper scales over 8-year high, surges 25% in 3 days
With the past three days' rally, the market price of HCL appreciated by 58 per cent over its QIP issue price of Rs 119.60 per share
 "Hindustan Copper scales over 8-year high, surges 25% in 3 days")
Grindwell Norton surges 9%, hits record high on strong Q4 results
In the past one week, the stock has outperformed the market by gaining 24 per cent, as compared to 1.5 per cent rise in the S&P BSE Sensex
Bandhan Bank dips 4%, hits over 6-month low on weak March quarter results
The stock was trading at its lowest level since October 30, 2020, having corrected 34 per cent from its 52-week high level of Rs 430.25
 "Bandhan Bank dips 4%, hits over 6-month low on weak March quarter results")