Page 747 - Buzzing Stocks

Tata Motors regains Rs 1 trillion market cap as stock zooms 102% in 6 weeks

While a scrappage policy together with push on infrastructure by the Indian government should boost near term demand.

Bharti Airtel gains 3%, hits record high ahead of December quarter results

The telecom operator may return to profit while revenues may grow in mid-teens on a year-on-year basis, mainly on account of strong subscriber addition momentum, say analysts

Ajanta Pharma zooms 8% to fresh 52-week high on strong Q3 results

Despite normalisation in fixed costs (at pre-Covid levels), the company's Ebitda margin came 372 bps higher YoY at 32 per cent, driven by improvement in gross margin

Stocks to watch: Home First Finance, Airtel, PVR, Indigo Paints, RIL

Renuka Ramnath-led Multiples Private Equity sold nearly 12 lakh shares of multiplex chain operator PVR worth Rs 179 crore through open market transactions

Top stocks that are likely to benefit from FM's Budget proposals

According to Phillip Capital increased allocation for capital expenditure will bode well for large banks, namely ICICI Bank, Axis Bank, HDFC Bank and State Bank of India

Indigo Paints makes solid debut, lists at 75% premium over issue price

The IPO of Indigo Paints had garnered 117 times subscription, generating bids worth Rs 96,222 crore

ITC, HDFC Bank and six other Sensex stocks scale fresh 52-week highs

SBI, the top gainer among the Sensex stocks, was up 8 per cent to Rs 337 at 02:25 pm, surpassing its previous high of Rs 332 touched on February 2, 2020

Cement shares soar on govt's infra push; UltraTech, Shree Cement up 8%

The huge thrust on infrastructure spending by the government in the Budget 2021-22 bodes well for construction materials such as cement and steel

Isgec Heavy Engineering leaps 9% on order wins from cement, steel sectors

The company received two orders - one for a Cement Waste Heat Recovery Boiler and another for conducting Remnant Life Assessment study

Tata Motors rallies 11% as domestic PV sales nearly double in Jan

The stock of Tata group commercial vehicles (CVs) company was trading at its highest level since June 2018

KNR Constructions soars 17%, hits new high ahead of 1:1 bonus share issue

The stock will turn ex-date for bonus issue on Wednesday, February 3

Finolex Industries surges 16% on robust Q3 results, 1:5 stock split

The company said the rationale behind the stock split is to improve the liquidity of the company's shares on the stock market and also to make the same available to small investors

BSE Capital Goods index hits all-time high; L&T surges 15% in 2 days

The capital goods index hit a record high of 21,345 in intra-day trade, surpassing its previous high of 21,021, touched in November 2007

Stocks to watch: Indigo Paints, Eicher Motors, HDFC, Coal India, PVR

State-owned Coal India's coal production declined by 4.1 per cent to 60.5 million tonne (MT) last month

Budget 2021 boosts financials; ICICI, IndusInd, IDBI Bank jump over 10%

Finance Minster made various announcements including increase in FDI limit in the insurance sector, recapitalisation and privatisation of select PSU banks

IndusInd Bank surges 14% in two days as asset quality improves in Q3

The private lender is looking to grow its loan book by 15-18 per cent YoY for the next two financial years under its fifth planning cycle

Insurance shares gain on hike in FDI limit to 74%; Bajaj Finserv surges 9%

The limit on FDI in Indian insurance companies will be lifted from 49 per cent to 74 per cent, a move aimed at attracting overseas players.

Dr Reddys falls 10% in 2 days, hits over 4-month low post Q3 results

The company said the profits were impacted due to trigger based impairment charge taken on a few acquired products including gNuvaring

Road & highway construction firms rally up to 13% on infra push in Budget

The Finance Minister announced an allocation of Rs 1.18 trillion for the Ministry of Road Transport and Highways

KRBL tanks 19% as ED arrests Joint MD in AugustaWestland case

The Joint Managing Director Anoop Kumar Gupta has been sent to 5 days custody of Enforcement Directorate in the AgustaWestland Money Laundering case