Page 739 - Buzzing Stocks

This Rekha Jhunjhuwala-owned stock has rallied 58% so far in February

Ace investor Rakesh Jhunjhunwala's wife Rekha Jhunjhunwala held 5 million shares, or 8.04 per cent stake, in the company, as on December 31, 2020, the shareholding pattern data show

Tata Steel, Vedanta: Rally in metal stocks may just have begun, charts show

The Nifty Metal index is struggling to sustain above the 3,600 mark. However, once breached decisively, an up move towards 4,000 levels can not be ruled out.

Hindalco jumps 4% as firm unveils capital allocation framework

The company expects to generate over $1-1.2 billion cash flow per annum post its normal working capital and maintenance capex

ONGC rallies 7% on higher oil prices; stock up 29% so far in February

Goldman Sachs Group Inc. has predicted crude oil prices could advance above $70 in the coming months

Chart check: Will the O2C biz spin-off trigger a fresh rally in RIL stock?

A breakout above Rs 2,100 in RIL's counter may see a rally towards 2,400

Tanla Platforms rallies 40% in 2 weeks; stock hits new lifetime high

In Q3FY21, the company's Ebitda was up by 99 per cent to Rs 126.9 crore for the same period, crossing the Rs 100 crore mark for the first time

Page Industries appoints V S Ganesh as new CEO; stock surges over 4%

V S Ganesh will be appointed for a period of 5 years effective June 1, 2021.

Reliance Industries gains 2% on plans to hive off O2C business

The company said the O2C business will be turned into a separate entity that will be 100 per cent owned by RIL

Info Edge shares zoom 5% after Zomato raises another $250 million

"On a fully converted and diluted basis, Info Edge's effective stake in Zomato stands at 18.4 per cent," Info Edge said in the stock exchange filing

Stocks to watch: RIL, Bharat Forge, Vedanta, Airtel, HDFC Bank, Hindalco

RIL, in a late night filing, said that it has begun the process of carving out the O2C business into an independent subsidiary

Jubilant Foods hits 52-week high as analysts applaud Fides Food deal

Noting that the deal looks promising in terms of strategic investment, the stock price may have already priced-in the positives, say analysts

Jagran Prakashan surges 18% as firm plans to consider buyback on March 2

The stock is up for the second day in a row and has gained nearly 24 per cent in two days

Metal stocks shine in a weak mkt; Hindustan Copper, Hindalco jump up to 17%

JSW Steel, Hindustan Zinc, Ratnamani Metals and Tubes, Tata Steel, MOIL, and Jindal Steel were up in the range of 2 per cent and 3 per cent.

NTPC snaps 4-day winning streak, declines 3% on profit-taking

In the last four trading sessions, the stock has risen nearly 10 per cent

Thomas Cook extends gains to 3rd day, jumps 6% on plans to raise Rs 450 cr

The travel services firm said it plans to raise up to Rs 450 crore via the issue of Optionally Convertible Cumulative Redeemable Preference shares (OCCRPS) through private placement

Stocks to watch: Torrent Power, Thomas Cook, Narayana Hrudayalaya, NTPC

Promoter PNB said that it will not participate in PNB Housing Finance's capital raising plans

SBI Cards m-cap tops Rs 1-trillion; Five factors that are driving the stock

The firm's m-cap is now more than that of Tata Motors, Shree Cement, and JSW Steel

Stock of this packaged foods company has zoomed 208% in six months

The company is one of India's most diversified contract manufacturers of fast moving consumer goods (FMCG)

Poly Medicure gains 6% on successful fund raising via QIP issue

The company's QIP committee approved the allotment of 7.63 million equity shares to eligible qualified institutional buyers at a price of Rs 524 per equity share

IDFC First Bank gains 9%, hits 52-week high as board approves fund raising

The lender said there are significant opportunities for growth based on the strong capabilities it has built as well as the strong outlook for economic recovery in India