Page 742 - Buzzing Stocks

Privatisation hope lifts Nifty PSB index 5%; BoI, IOB gain 40% in 2 days

Finance Minister Nirmala Sitharaman proposed to divest stake in two PSBs while unveiling Budget 2021 proposals

Tata Consumer Products gains 3% on report Group could buy Big Basket

The deal worth Rs 9,300-9,500 crore - biggest in the online grocery space so far-values BigBasket at Rs 13,500 crore

Adani Ports gains 5%, hits new high on completing Dighi Port acquisition

APSEZ plans to invest over Rs 10,000 crore to develop the port into a multi-cargo port and investing in the development of rail and road evacuation infrastructure

Stocks to watch: Nestle India, Adani Ports, L&T Finance, Heritage Foods

L&T Finance said it has closed its rights issue and raised over Rs 2,998 crore

Varun Beverages narrows loss to Rs 7 cr in December quarter; shares skid 4%

Ebitda increased by 48.8 per cent to Rs 172.23 crore from Rs 115.74 crore reported in Q4CY20. Ebitda margins, too, improved by 346 bps in Q42020

SIS shares rally 9% as firm announces Rs 100 crore buyback plan

he firm has set the buyback price at Rs 550 per share which is 29 per cent higher than its previous close of Rs 426.15

Bank of Maharashtra, IOB: Privatisation buzz sparks rally; should you buy?

The overall trend is optimistic till the Nifty PSU index defends the support of 2,000 mark on the closing basis

PSBs jump on privatisation buzz; Bank of Maharashtra, IOB hit upper circuit

In February so far (till Monday), the Nifty PSU Bank index has rallied 16.4 per cent as compared to a 7.2 per cent gain in the benchmark Nifty50

NMDC zooms 6% on report Credit Suisse initiates coverage, sees 45% upside

Credit Suisse has initiated coverage on the stock with an 'Outperform' rating. It also has a target price of Rs 162 on the stock

BSE Midcap index hits new high as financials, Adani group stocks rally

At 02:04 pm, the S&P BSE Midcap, the top gainer among broader indices, was up 1.5 per cent after hitting an intra-day high of 20,234 on the BSE

Motherson Sumi surges 23% in two days on strong earnings show in Q3

Thus far in the month of February, the stock of the auto ancillary company has rallied 53 per cent, as compared to a 12.5 per cent surge in the S&P BSE Sensex

Amara Raja Batteries dips 8% on disappointing operational performance in Q3

The company announced capex of Rs 500 crore towards setting up lead acid recycling plant of 1 lakh tonnes per annum capacity and captive 280 MW solar power plant

HLE Glascoat locked in 20% upper circuit on healthy Q3 performance

The company said that during the quarter it witnessed strong performance on the back of robust demand from the end user industry and increased efficiencies in the business

Deepak Nitrite surges 12% on strong operational performance in Q3

The consolidated Ebitda margin expanded 330 basis points (bps) to 27.4 per cent in Q3FY21

Clariant Chemicals zooms 19% on strong Q3 results, dividend of Rs 50/share

The specialty chemical company reported the Profit before exceptional item & tax of Rs 19 crore for Q3FY21, as compared to loss before tax of Rs 3.1 crore in the year-ago quarter

Stocks to watch: Vodafone Idea, Tata Motors, ONGC, DHFL, Airtel, Power Grid

Tata Motors, on Friday, said it has appointed Marc Llistosella as its Chief Executive Officer and Managing Director

Adani Enterprises enters top-50 most-valued companies list

In the past one week, Adani Enterprises' stock rallied 21 per cent after Adani Airports completed acquisition of 23.5 per cent stake in Mumbai Airport

Greenply Industries zooms 19% on strong operational performance in Q3

The company said the margin was expected to improve post Covid-19 from FY22 with increase in revenue and cost rationalization measures

Motherson Sumi hits 52-week high on highest-ever quarterly revenue in Q3

With the rollout of Covid-19 vaccine in different parts of the world, the management is optimistic that the demand and positive sentiments will improve in the upcoming quarters

SBI Card hits fresh lifetime high; m-cap nears Rs 1 trillion

At 11:18 am, SBI Card's m-cap stood at Rs 98,000 crore, after hitting high of Rs 98,350 crore in intra-day trade on the BSE