Page 733 - Buzzing Stocks

Stocks to watch: IDBI Bank, M&M, Prestige Estates, SBI Life, Quick Heal

M&M has got a green signal from the Reserve Bank of India to reduce its ownership in Korean automaker SsangYong Motor

Stock of this packaging firm has soared 59% in 8 trading sessions of March

BSE has sought clarification from Jindal Poly Films with reference to significant movement in price. The reply, however, is awaited

Graphite electrode makers in focus; Graphite India, HEG rally up to 10%

In the past one month, the stocks of HEG (up 34 per cent) and Graphite India (up 16 per cent) have outperformed the Sensex, which gained a marginal 0.02 per cent during the period

MTNL, HMT hit fresh 52-week highs; zoom up to 78% in two weeks

MTNL surged 17 per cent to Rs 21.25 on the back of three-fold jumped in trading volumes in Wednesday's trade

Magma Fin up 5% as shareholders approve share issue to Poonawalla-led firm

The shareholders have approved the company's plan to raise up to Rs 3,456 crore by issuing preference equity shares to Adar Poonawalla-led firm

TCS, Infosys: These IT stocks may help Nifty50 claim new high

An up move above 26,000 levels may trigger a rally towards 27,000-mark in the Nifty IT index

Aurionpro soars 44% in 2 days on strategic partnership with Future-Tech UK

The company has signed the strategic partnership with Future-Tech, UK for data center design and consultancy projects in India & South Asia

JK Cement zooms 111% in 6 months on strong operational performance

The management's efforts to improve cost efficiencies through newly added capacities (4.2 MT) are expected to drive profitability

IT shares in focus; KPIT, L&T Technology, Mindtree hit record highs

The $1.9 trillion Covid relief bill stimulus, if passed, will boost the US economy and will, in turn, positively impact the IT industry, ICICI Securities said in a note

AU Small Finance Bank shares jump 3% as lender launches QIP issue

The issue has been set at a floor price of Rs 1,181.06 per share, on which the lender may offer a discount of not more than 5 per cent, according to its exchange filing.

Stocks to watch: Voda Idea, Godrej Properties, PFC, AU Small Fin Bank, BPCL

AU Small Fin Bank launched its QIP on March 9 and fixed the floor price at Rs 1,181.06 per share

Steel Strips Wheels extends gain after highest-ever monthly sales in Feb

The stock hit a 52-week high of Rs 774, up 9% in intra-day trade today, and has rallied 22% thus far in March

This specialty chemicals stock has more than doubled in a month

The company reported a strong operational performance in the December quarter

Dixon gains 5% after fixing March 19 as record date for 1:5 stock split

The rationale behind the stock split is to encourage wider participation of small investors and to enhance the liquidity of the equity shares at the stock market, the company said

Poly Medicure hits fresh high; stock zooms 53% over QIP price

Ace investor Ashish Kacholia held 1.75 million equity shares, or a 1.83 per cent stake, in Poly Medicure as of February 19, 2021

SBI Life hits 52-week high on strong new business premium growth in Feb

SBI Life showed strong growth of more than 60 per cent in new business premium.

JMC Projects surges 13% on winning project worth Rs 1,000 crore in Maldives

The company has signed an agreement with Fahi Dhiriulhun Corporation Limited (FDC) for the design, finance and construction of 2,000 social housing units in Hulhumale Island of Maldives

BPCL tanks 6% after BPCL Trust offloads up to 7% stake in firm

The company's board has approved the sale of BPCL equity shares which are held by the BPCL Trust for Investment in shares through accelerated book built offering

Stocks to watch: BPCL, CIL, Biocon, Mindspace REIT, Jindal Poly Films

Mindspace Business Parks REIT said its arm Gigaplex Estate has entered into an agreement to sub-lease about 6.3 lakh sq ft space in Mumbai to a data centre operator

APL Apollo zooms 48% in 10 trading sessions as Board okays merger scheme

The company's board on February 26 had approved the merger of Shri Laxmi Metal Udyog and Apollo Tricoat Tubes with the company.