Page 761 - Buzzing Stocks

IT shares gain up to 6%; Nifty IT, Infosys scale fresh record highs

Infosys, HCL Technologies, Tech Mahindra, Larsen & Toubro Infotech, Coforge and Mindtree were up in the range of 3 per cent to 6 per cent on the NSE

Birlasoft gains 13%, hits fresh record high; stk zooms 224% so far in 2020

Birlasoft key alliances include Oracle, JD Edwards, SAP, Infor and Microsoft

L&T Infotech hits record high, L&T Tech surges 7% in a weak market

In the past one week, the stock of L&T Technology Services outperformed the market by surging 25 per cent, against 1.5 per cent decline in the S&P BSE Sensex

Tata Steel, UPL, Tata Motors: Bear grip firm on stocks with UK exposure

A Gap down closing on December 21, 2020 dismantled the upside bias in Tata Steel stock

NIIT gains 7% as board set to consider share buyback on December 24

As of September 30, 2020, the promoters held 34.29 per cent stake in the information technology (IT) training services company

PVR, Inox Leisure tumble up to 16% in 2 days over Covid-19 fears

Over the weekend, the UK said it had identified a new strain of Covid-19 which spreads more quickly than previous variants

SpiceJet skids 19% in two days as India suspends UK flights till Dec 31

India has suspended all flights to and from the UK till December 31 to prevent the new aggressive strain of the novel coronavirus from entering the country

IDBI Bank falls 19% on listing of fresh shares allotted to QIBs

The Committee at its meeting held on Saturday i.e. December 19, 2020, approved the issue and allotment of 371.8 million equity shares to the 44 eligible QIBs

Mid, Smallcap indices slip over 5%; SpiceJet hits 10% lower circuit

Speciality Restaurants, Kirloskar Ferrous, RPP Infra, Chennai Petroleum, Rane Holdings, Shalimar Paints, RK Forgings and Safari Industries from the smallcap index tumbled over 10%

CAMS surges 16% in two trading sessions, hits highest level since listing

The company was deemed eligible as central record keeping agency under the National Pension Scheme

Godrej Ind dips 3% after block deal, trades lower for third straight day

Anamudi Real Estates LLP, one of the promoters of the company, had acquired 2.27 million equity shares of the company for Rs 94.73 crore via open market between November 14, and December 15, 2020

RIL, L&T, HDFC Bank: Strategies for blue-chip stocks in a range-bound mkt

The Mukesh Ambani-controlled RIL needs to decisively conquer Rs 2,070 mark to attract fresh buying

Borosil Renewables surges 13% on successfully raising Rs 200 crore via QIP

The funds raised are planned to be utilized to service its capital expenditure requirements for a brownfield expansion to more than double its solar glass production capacity to 950 tons per day

Valiant Organics surges 4% ahead of turning ex-date for 1:1 bonus issue

The stock will turn ex-date for 1:1 bonus issue on Thursday, December 24, 2020.

Nifty Pharma index hits new record high; Laurus Labs, Glenmark Pharma up 3%

Cipla, Cadila Healthcare, Lupin, Sun Pharma and Aurobindo Pharma from the Nifty Pharma index were up in the range of 1 per cent to 2 per cent on the NSE

Shipping Corp up 7% on report govt may invite EoIs for divestment this week

The government is likely to invite bids this week for the privatisation of the SCI, with buyers getting time till mid-February to submit their EoIs, according to a report

Surya Roshni gains 4% on winning order worth Rs 73 cr from Indian Oil Corp

The company has obtained orders aggregating to Rs 72.62 crore for supply of API 5L Grade 3LPE Coated and bare Pipes to Indian Oil Corporation for gas pipeline projects in Bihar & Tamil Nadu

Garware Polyester rallies 8%, hits 26-year high on strong revenue outlook

The firm sees Rs 300 crore incremental revenue by financial year (FY) 2023 on the back of its entry into the PPF segment

KNR Constructions rallies 9% as board approves 1:1 bonus share

In the past one week, stock of the construction & engineering company has rallied 17 per cent after the company on Monday, December 14, announced bonus issue plan

L&T trades firm as arm lowest bidder for HPCL Rajasthan Refinery contract

According to report, L&T Hydrocarbon is the lowest bidder for HPCL Rajasthan Refinery.