Page 744 - Buzzing Stocks

Bata India slides 7% as net profit tanks 78% YoY in December quarter

Bata India should be able to revive its revenue growth trajectory as and when the impact of the Covid-19 is phased out, say analysts

JB Chemicals surges 12%, hits record high on strong Q3 performance

The board has declared interim dividend of Rs 8.50 per equity share of face value of Rs 2 (425 per cent) for FY21

Stocks to watch: ITC, Magma Fincorp, Titan, National Fertilizers, BPCL, IGL

The government will sell 20 per cent of its stake in National Fertilizers through an offer for sale

Page Industries rallies 7%, hits fresh 52-week high on robust Q3 results

The strong performance in the December quarter was aided by growth in revenues, coupled with efficient control on operating costs

Magma Fincorp soars 45% in 3 days on improved collection efficiency in Q3

Magma Housing Finance has progressed in its action for raising capital, with the aim of accelerating growth in this segment amid strong demand

PG Electroplast zooms 90% in 16 trading days, hits over two-year high

The management sees increased opportunities in the existing and new clients and based on the current business environment

Tata Steel partly-paid shares frozen at 10% lower circuit

The Company has fixed February 19, 2021 as the record date for the purpose of determining the holders of partly paid-up equity shares to whom the Call notice will be dispatched for payment of the Call

Max Financial surges 7%, scales record high post strong Q3 results

Max Life Insurance demonstrated a resilient performance amid a challenging macro environment with 21 per cent annual premium equivalent (APE) growth

Varroc Engineering tumbles 13% on disappointing December quarter results

However, the management sees robust demand in VLS business across regions as car manufacturers geared up their production schedules to cope with the pent-up demand

Special dividend, strong Q3 results drive Polyplex shares 17% higher

The board of directors declared payment of a third interim dividend (special) for the financial year 2020-21 at Rs 100 per share

Stocks to watch: Tata Steel, IndiGo, Eicher Motors, Titan, Burger King

Eicher Motors, Titan Company, GAIL India and Hindalco Industries are the four Nifty companies slated to post their December quarter numbers today

Neuland Labs zooms 53% in 7 days as net profit more-than-doubles in Q3

The change in business mix with increasing amount of margins coming from CMS business and certain Specialty products and cost optimization measures helped improve profitability

Amber Enterprises soars 10%, hits new high of Rs 3,000 on growth prospects

The ban on imports with refrigerant filled ACs has opened up new opportunities for the domestic manufacturers and for Amber

Torrent Pharma shares tumble 8% post December quarter results

While the outlook for its key geographies is expected to improve over the medium term, the current valuation largely captures the upside, analysts said

IIFL Finance zooms 82% in 8 days post December quarter results

The company recorded its highest-ever PPOP during the quarter, driven by mainly volume growth and reduction in cost of funds

Balkrishna Ind's Rs 1,900 cr capex plan sparks profit taking; stock down 8%

With 9MFY21 volumes of approximately 159,130 MT, the management increased guidance for FY21 and expects to end FY21 with a sales volume of 215,000-220,000 MT

IRCTC, Indian Hotels, SpiceJet: Time to bet on these travel-related stocks

Indian Hotels is headed toward Rs 135 with a trendline breakout. IRCTC, too, looks good on the charts.

Aavas Financiers shares rally 12%, hit fresh lifetime high

Thus far in the month of February, Aavas Financiers has outperformed the market by gaining 28 per cent

Balaji Amines zooms 20%, hits fresh high on strong Q3 numbers

Total income increased 63.7 per cent YoY to Rs 366.85 crore as sales volume jumped 34 per cent YoY

Stocks to watch: Tata Steel, RIL, Voda Idea, BPCL, Wipro, Crompton Greaves

The Indian government has challenged in the Singapore High Court an international arbitration tribunal's verdict that overturned its demand for Rs 22,100 crore in back taxes from Vodafone Group Plc