Page 772 - Buzzing Stocks
Nestle India gains 3% in subdued market; trades at four-month high level
The country's largest food company, Nestle India, is planning to avail the Union government's production-linked incentive scheme to boost exports.
 "Nestle India gains 3% in subdued market; trades at four-month high level")
Bharat Electronics surges 12% in two days on strong management commentary
BEL, in its virtual analyst meet, highlighted that it expects double digit (10-15 per cent) topline growth over the medium-term
 "Bharat Electronics surges 12% in two days on strong management commentary")
India Cements shares rally 16%, hit a 52-week high on heavy volumes
A combined 9.8 million shares, representing 3.2 per cent total equity of India Cements, changed hands on the NSE and BSE till 03:00 pm.
 "India Cements shares rally 16%, hit a 52-week high on heavy volumes")
Snowman Logistics zooms 77% in 8 days on healthy demand prospects
There has been a growing demand for single-point end-to-end cold chain services by large multinational companies
 "Snowman Logistics zooms 77% in 8 days on healthy demand prospects")
SpiceJet, IndiGo: Aviation stocks look set for a further rally, charts show
A massive surge of over 35 per cent in the past three sessions indicates a positive momentum going-forward for SpiceJet
 "SpiceJet, IndiGo: Aviation stocks look set for a further rally, charts show")
DHFL hits 5% upper circuit for third straight day; stock nears 52-week high
According to report, Adani Group has offered to further enhance its bid for the DHFL and has shown interest in bidding for the entire portfolio of the bankrupt company
 "DHFL hits 5% upper circuit for third straight day; stock nears 52-week high")
Titan gains 4%, nears 52-wk high on healthy business in the festive season
The jewellery business witnessed around 15 per cent growth for the 30-day festive season starting from Dussehra till Diwali over the corresponding period last year.
 "Titan gains 4%, nears 52-wk high on healthy business in the festive season")
Tata Chemicals rallies 9%, hits record high in a range-bound market
The trading volumes on the counter jumped over four-fold today with a combined 7.16 million shares changing hands on the NSE and BSE till 11:33 am.
 "Tata Chemicals rallies 9%, hits record high in a range-bound market")
Bata, MGL: Bollinger Band shows 37 mid, small-cap stocks may surge over 25%
Nifty Mid and Small caps 100 are showing strong upside.
 "Bata, MGL: Bollinger Band shows 37 mid, small-cap stocks may surge over 25%")
Nifty Realty index surges nearly 3%; DLF, Prestige Estates advance 5% each
Pick-up in demand and supportive measures from the government have aided in revival of sentiments for the sector.
 "Nifty Realty index surges nearly 3%; DLF, Prestige Estates advance 5% each")
SpiceJet extends rally, soars 14% as Boeing 737 Max gets US FAA clearance
SpiceJet is the sole operator -- apart from the grounded Jet Airways -- of Boeing 737 Max planes in India with 13 aircraft in its fleet
 "SpiceJet extends rally, soars 14% as Boeing 737 Max gets US FAA clearance")
Hero MotoCorp rallies 5% on good retail sales in festive season
On the outlook, the company said the news on the rapid development of Covid-19 vaccines is likely to enable a faster rebound of the global economy in the coming months.
 "Hero MotoCorp rallies 5% on good retail sales in festive season")
Lakshmi Vilas Bk hits 20% lower circuit after govt puts it under moratorium
The Reserve Bank of India (RBI) on Tuesday proposed to merge LVB with the India subsidiary of Singapore's DBS Bank
 "Lakshmi Vilas Bk hits 20% lower circuit after govt puts it under moratorium")
TCS fixes November 28 as record date for share buyback; stock gains 2%
The TCS board on October 7 had approved a buyback of Rs 16,000 crore to buy back around 53.3 million shares at Rs 3,000 per share
 "TCS fixes November 28 as record date for share buyback; stock gains 2%")
Bajaj Finance nears record high; stock surges 44% in one month
Analysts' outlook on Bajaj Finance's long-term prospects remains positive.
 "Bajaj Finance nears record high; stock surges 44% in one month")
Tata Motors hits nine-month high; stock advances 33% in one month
Analysts believe the company will benefit from an improving demand outlook, cost-cutting initiatives, and better FCF generation.
 "Tata Motors hits nine-month high; stock advances 33% in one month")
Tanla Platforms advances 5%, hits record high as two PE firms pick stake
On November 17, 2020, Banyan Investments sold 15 million equity shares, representing 11 per cent of total equity capital of Tanla Platforms, for Rs 587 crore
 "Tanla Platforms advances 5%, hits record high as two PE firms pick stake")
Mahindra & Mahindra to make new K2 series tractors; stock hits 52-week high
The company said its Farm Equipment Sector will manufacture a new tractor series called the 'K2', exclusively at the company's tractor manufacturing facility at Zaheerabad in the state of Telangana.
 "Mahindra & Mahindra to make new K2 series tractors; stock hits 52-week high")
HDFC twins, Bajaj group stocks have more upside ahead, charts suggest
HDFC twins are nearing all-time highs while Bajaj group stocks have seen a tremendous surge in the ongoing November series.
 "HDFC twins, Bajaj group stocks have more upside ahead, charts suggest")
Larsen & Toubro advances 4% on winning new order from Tata Steel
The construction and mining equipment business of the company has secured one of its biggest orders ever to supply 46 units of Komatsu Mining Equipment from Tata Steel
 "Larsen & Toubro advances 4% on winning new order from Tata Steel")