Page 765 - Buzzing Stocks

Cement stks dip as CCI raids cement cos on price cartelisation allegations

The CCI has initiated an investigation against cement companies in India regarding alleged anti-competitive behaviour

Technical indicators that can help traders navigate volatility

Volatility may trigger stop loss and show certain unexpected moves. Such a scenario disrupts trading morale, leaving traders anxious.

Nifty IT index hits record high; Infosys, HCL Tech, Coforge gain 2%

Digital acceleration, large deal wins, client mining, market share gains and margin improvement remain key long term drivers for IT sector, according to analysts

ITC gains 2.5% as Credit Suisse, Jefferies see up to 31% upside in stock

Credit Suisse has upgraded ITC stock from 'Neutral' to 'Outperform' banking on recovery in the firm's cigarette and hotels business in FY22.

Heritage Foods advances 16% after stake sale in Future Retail to pare debt

The Company said it has disposed off its entire holdings/investment of 17.85 million equity shares held in Future Retail

Hatsun Agro Product trades ex-date for 1:3 bonus; stock surges 14%

In the past month, Hatsun Agro Product has outperformed the market by surging 43 per cent, as compared to 8 per cent rise in the S&P BSE Sensex

SBI, PNB, Canara Bank: PSU bank stocks to see more upside, show charts

For SBI, the immediate closing basis support stays at Rs 260 levels.

Defence shares in focus; Bharat Electronics surges 8%, hits 52-week high

BEML, Bharat Dynamics and Hindustan Aeronautics were up in the range of 3% to 5% the BSE

YES Bank hits over 4-mth high on rating upgrade; stock gains 50% in 1 month

Brickwork Ratings has upgraded the rating of Tier I Subordinated Perpetual Bonds (Basel II) from BWRD to BWR BB+/ Stable.

Nifty PSU Bank index surges 7%; PNB, Canara Bank, Indian Bk rally up to 19%

The Nifty PSU Bank index ended as the top gainer among sectoral indices.

Godrej Properties hits record high after it buys land parcel in Bengaluru

The Mumbai-based real estate developer said it has bought 18-acre land parcel to develop a residential project in Whitefield, Bengaluru

TVS Srichakra surges 9% on capex programme worth Rs 1,000 crore

The company will use the investment to ramp up manufacturing in its Madurai and Pantnagar plants

Avenue Supermarts gains 5% to hit all-time high; stock surges 16% in 6 days

The stock surpassed its previous high of Rs 2,559, touched on February 13, 2020.

Reliance Industries up 3% on 5G plans; sees rollout in second half of 2021

Early this year, Mukesh Ambani had announced Reliance Jio's commercial pact with Google to jointly develop entry-level affordable 4G and possibly 5G smartphones for a '2G mukt Bharat'

UltraTech Cement crosses Rs 1.5 trillion m-cap; stock up 7% in 3 days

The company informed, on December 3, that its board has approved increasing the firm's capacity by 12.8 mtpa, with a mix of brown field and green field expansion at a capex of Rs 5,477 crore

Goodyear India soars 18% after announcing interim dividend of Rs 80/share

The record date has been set at December 15, 2020 for the dividend

Canara Bank surges 7% as Rs 2,000 crore QIP opens for subscription

The board has approved the floor price for the QIP at Rs 103.50 per equity share.

ADF Foods advances 19% on heavy volumes, stock hits new high

The BSE has revised the price band of the stock to 20 per cent from 5 per cent earlier.

RInfra, DHFL, Tanla Platforms and 384 other stocks hit upper circuit

Kothari Products, Oswal Greentech, Adhunik Ind, JP Ventures, Sical Logistics, Shemaroo Entertainment, Geojit Financial, Mawana Sugars, Hindustan National Glass were locked in 20% upper circuit.

Ashoka Buildcon jumps 15%, hits over 9-month high on strong growth outlook

In the past one month, the stock has rallied 56 per cent.