Page 743 - Buzzing Stocks

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

Govt revises price band of air fares; time to buy IndiGo, SpiceJet?

The price hike has attracted the attention of market participants, now the stock needs to cross significant resistance to move ahead.

Cement stocks in demand; Dalmia Bharat, JK Cement, Ramco Cement at new high

The government's thrust on infrastructure spending and affordable housing bodes well for cement demand, Motilal Oswal Securities said in a note

ITC dips 3% as investors book profit post December quarter results

With today's decline, the stock of ITC has slipped 8 per cent from its 52-week high level of Rs 239

Aviation stocks take flight as govt ups fare price band; SpiceJet gains 7%

On Thursday, Ministry of Civil Aviation revised air fare price band on flights with 90 to 120 minutes of duration to Rs 3,900, up from Rs 3,500 earlier

Stocks to watch: ITC, Sun Pharma, Grasim, Power Grid, ACC, aviation stocks

Markets regulator Sebi on Thursday allowed Thomas Cook (India) to withdraw its buyback offer because of substantial deterioration in the company's financial position

Route Mobile rallies 20%, Affle India locked in 10% upper circuit

In the past one week, Route Mobile and Affle India have rallied up to 35 per cent, as compared to 1.5 per cent rise in the S&P BSE Sensex

Surya Roshni shares rise 7% on rating upgrades, stable outlook

CARE Ratings upgraded ratings of the company's short-term bank facilities and commercial paper with reaffirmation of long term bank facilities

Magma Fincorp jumps 10% as Adar Poonawalla to acquire 60% stake in firm

Adar Poonawalla-controlled Rising Sun Holdings will acquire a 60 per cent stake in non-banking financial company by subscribing to Rs 3,456-crore preferential issue