Page 770 - Buzzing Stocks

Exploration stocks surge as oil prices rally on vaccine hope; ONGC up 4%

Oil prices hit their highest level since March amid news flow related to smooth US presidency transition and encouraging developments on the Covid-19 vaccine front

UTI AMC gains 3%, trades above issue price for the first time since listing

JM Financials Institutional Securities recently initiated coverage on UTI AMC with a 'BUY' rating and a target price of Rs 700

BSE Auto index hits fresh 52-week high, zooms 100% from March low

Mahindra & Mahindra and Motherson Sumi Systems have rallied over 200 per cent from March lows.

HDFC Bank m-cap crosses Rs 8-trillion mark; stock zooms 30% in 3 months

In the past month, HDFC Bank has outperformed the market by gaining 17 per cent, against 10 per cent rise in the S&P BSE Sensex

Auto stocks in focus; M&M, Eicher Motors hit fresh 52-week highs

Auto ancillary stocks also ticked up in intra-day trade today, with Bosch rising as much as 6.77 per cent

AAVAS Financiers gains 6% in two days after stake sale by AU Small Fin Bank

Despite the gains over the past 2 sessions, the stock of AAVAS Financiers has underperformed the market by gaining 7 per cent in the past 3 months relative to a 14.4-per cent rally in the S&P Sensex

Adani Green, Adani Ports: Trading strategies for Adani Group stocks

Few group stocks may see profit-booking, but for others, the current levels may provide an opportunity to enter.

Dr Lal PathLabs, Metropolis: Here's how healthcare stocks look on charts

Thyrocare Technologies has the strong support of 50-DMA, currently placed at Rs 988 levels.

Adani Ports becomes part of DJSI Emerging Markets Index; stock soars 7%

The company ranked 14th in the transportation and transportation infrastructure sector of Dow Jones Sustainability Emerging Markets Index, 2020

Granules India shares gain 5%, hit record high on heavy volumes

In Q2FY21, the company's Ebitda grew 78.6 per cent YoY, with a 935 basis points margin expansion YoY on changing product mix and improved operational efficiencies

Mahindra & Mahindra hits 52-week high on strong business outlook

In the past one week, the stock has outperformed the market by gaining 14 per cent.

Bharti Infratel up 28% in 3 days on completion of Indus Tower merger deal

Analysts at ICICI Securities see near-term stock supply only from Providence PE, which may monetise its stake as it had earlier opted for part cash-out

Bharti Infratel gains 7% after it completes merger with Indus Towers

Apart from double taxation benefits on dividend pass through, there would not be major benefit for Bharti Infratel as a combined entity, say analysts at ICICI Securities

Infosys gains 4%, nears record high amid report Co may win Daimler deal

The deal involves transferring of 500-600 Daimler employees to the information technology (IT) firm, the report said.

Auto ancillary stocks rally; Amara Raja, MRF, Balkrishna Ind hit 52-wk high

MRF hit a fresh 52-week high of Rs 81,000, up 2.4 per cent on the BSE, thus gaining 26 per cent in the past month.

Tata Steel, JSW Steel: Metal stocks poised for further upside, charts show

Nifty Metal has successfully conquered the 2,500 mark and is set to move towards 200-WMA, which stands at 2,969 levels.

Equitas, Ujjivan: How to trade financials post RBI's ownership guidelines

Bajaj Finserv has surged over 50 per cent in less than 15 sessions.

Motherson Sumi nears 52-week high after it unveils 5-yr restructuring plan

Motherson Sumi Systems said that it is targeting $36 billion in group revenues by FY25E, including 25 per cent contribution from non-automotive space

Future group shares, RIL gain after CCI nod for Reliance Retail deal

Future Retail and Future Lifestyle Fashions were locked in 10 per cent upper circuit at Rs 79 and Rs 90.30, respectively, on the BSE

Pharma shares in focus; Divi's Labs hits new high, Gland Pharma zooms 20%

Dishman Carbogen Amcis, Ipca Lab, SPARC, Caplin Point Laboratories, Dr. Lal PathLabs and Granules India from the S&P BSE Healthcare index were up in the range of 4 per cent to 5 per cent on the BSE