Page 748 - Buzzing Stocks

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

ICICI Bank rallies 6%, hits record high on strong December quarter results

ICICI Bank reported a strong Q3FY21, led by robust operating performance, while strong asset quality trends enabled decline in provisioning expenses

Budget-related stocks to watch: PSUs, infra, financials, healthcare

Castrol India, Finolex Industries, Kansai Nerolac Paints and Reliance Capital are among 37 firms set to report their December quarter numbers today

Sun Pharma gains 6% on good Q3 results, Rs 5.50 per share interim dividend

Analysts had expected the revenues to grow around 6 per cent YoY and Ebitda margins expected to improve 42 bps YoY to 23 per cent

IIFL Finance hits 20% upper circuit post December quarter results

Net interest income of the company grew 57 per cent YoY to Rs 573 crore

Havells India slips 10% on heavy volumes after rallying 32% in a month

Till 01:42 pm, a combined 8.64 million equity shares, representing 1.4 per cent of total equity of Havells India, had changed hands on the NSE and BSE

Colgate Palmolive surges 6% on strong sales growth in December quarter

Given the sharp decline in commodity cost, gross margins expanded by 420 basis points

Maruti Suzuki dips 7% in two days post Q3 results on margin concerns

The stock was trading lower for the sixth straight trading day, having fallen 10 per cent during this period

BPCL, IRCTC: 5 PSU stocks to include in your portfolio ahead of Budget 2021

PSU stocks like IRCTC, BPCL, RCF, and RITES have not seen aggressive selling pressure. A small recovery may see a strong bullishness going forward

Indian Railway Finance lists at 4% discount over issue price in tepid debut

At 10:44 am, IRFC was quoting at Rs 25, after hitting a high of Rs 25.50 and a low of Rs 24.30 on the BSE.

Shriram Transport Finance soars 15% on improvement in asset quality in Q3

The company's PAT during the quarter under review declined 17 per cent YoY to Rs 728 crore due on the back of higher Covid-related provisioning

TVS Motor surges 10% after posting highest-ever revenue, profit in Q3

TVS Motor Company's operating performance was driven by price hikes, a favorable mix, and lower other expenses, Motilal Oswal said in a report

Stocks to watch: IRFC, Tata Motors, IRCTC, TVS Motors, IndiGo, Airtel

InterGlobe Aviation reported a net loss of Rs 620 crore in the third quarter of pandemic-struck 2020-21 financial year

VRL Logistics gains 6% as board to consider share buyback proposal

The board will also consider and approve the un-audited financial results for Q3FY21, on February 2

Inox Leisure, PVR trade firm as cinema halls to operate at higher capacity

The Ministry of Home Affairs, on Wednesday, allowed cinema halls and theatres to operate with more people, and it will issue revised SoP for the same

Aditya Birla Fashion acquires 51% stake in Sabyasachi; stock dips 6%

Sabyasachi is India's largest and most influential luxury designer brand and engaged in categories such as apparel, accessories and jewellery and has a strong franchise in India, US, UK and the Middle