Page 752 - Buzzing Stocks

All you wanted to know about the Hammer candlestick formation

The hammer candlestick usually occurs during a downtrend having strong bearish sentiment.

Tata Motors jumps 51% in Jan on Tesla tie-up buzz; firm denies rumour

In the past seven trading days, the stock has rallied 26 per cent on report that Tesla may choose Tata Motors for its much-awaited India foray

Tata Communications tanks 8% on weak Q3 result, govt stake sale report

The government may reportedly sell its entire 26.12 per cent stake in the company through offer for sale and strategic sale route in the current fiscal

Gateway Distriparks surges 15% post Q3 results; analysts see more upside

The stock is trading close to its 52-week high level of Rs 138, scaled on January 29, 2020

SBI Card gains 4%, hits new high ahead of December quarter results

In the past one month, SBI Card outperformed the market by gaining 23 per cent, as compared to 6 per cent rise in the S&P BSE Sensex

Tyre stocks in demand; JK Tyre rallies 15%, MRF scales fresh high

Shares of JK Tyre & Industries hit a 52-week high of Rs 103.80 amid heavy volumes

IT shares in focus; TCS, Tata Elxsi scale fresh record highs

Wipro, Mindtree, Mphasis and Coforge from the Nifty IT index were up in the range of 3 per cent to 5 per cent on the NSE

Alembic Pharma extends decline on mixed December quarter results

Motilal Oswal Securities said Alembic Pharma missed Q3FY21 earnings estimate, weighed by lower-than-expected sales in the US

Ceat rallies 10% in 2 days, hits fresh 52-week high on strong Q3 results

The management said there is expected to be some margin pressure in the next quarter due to increasing raw material prices

Stocks to watch: Bajaj Finance, Federal Bank, Tata Comm, Garden Reach

Rakesh Jhunjhunwala reduced stake in Federal Bank to 2.4 per cent from 2.71 per cent during the third quarter of FY21

Apollo Hospitals hits record high on launch of Rs 1,000-crore QIP

The final issue price, including any discount to the floor price, will be determined in the fund-raising committee meeting on January 22, 2021

NBFC shares in focus; Bajaj twins, Cholamandalam Investment surge up to 9%

L&T Finance, Indiabulls Housing Finance, IIFL Finance, REC, Shriram Transport Finance, Power Finance Corporation, LIC Housing and HDFC were up between 3 per cent and 9 per cent on the BSE

L&T Technology advances 10% ahead of Q3 results; surges 50% in 3 months

Phillip Capital expects LTTS to post strong dollar revenue growth of 4.1 per cent QoQ

Siemens trades near record high on strong outlook; surges 25% in two months

The management has indicated that the automotive segment continues to face headwinds especially in passenger vehicles and commercial vehicle segment and going ahead sees recovery to be very gradual

Maruti Suzuki, Tata Motors, M&M: Price hike puts auto stocks in fast lane

On Monday, Maruti Suzuki increased the price for select models by up to Rs 34,000 to offset adverse impact of rising input costs

L&T Finance Holdings' rights issue to open on Feb 1; stock surges 7%

The company has fixed January 22, 2021 as record date to determine the equity shareholders entitled to receive the rights entitlement in the rights issue.

Nifty Realty index surges 5%; Indiabulls Real Estate, DLF rally up to 13%

Indiabulls Real Estate said the affordability of real estate is at a multi-year high with declining interest rates

Mindtree gains 6% on healthy Q3 results; here's what brokerages say

The management said the company was witnessing strong business momentum across all verticals with a significant demand for cloud, data and analytics capabilities

Stocks to watch: Mindtree, Maruti, Adani Green, YES Bank, Apollo Hospitals

The promoter of Adani Green Energy, Adani Trading Services LLP, on Monday offloaded shares worth nearly Rs 3,309 crore in the firm

HDFC Bank hits new record high; here's how analysts interpret Q3 results

Asset quality remained healthy with gross non-performing assets falling 27 bps sequentially to 0.81 per cent in Q3FY21