Page 773 - Buzzing Stocks
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")
Adani Gas zooms 37% in two days; stock hits fresh record high
In the past month, the stock has rallied 82 per cent, against a 10 per cent rise in the S&P BSE Sensex.
 "Adani Gas zooms 37% in two days; stock hits fresh record high")
Tanla Platforms hits new high on heavy volumes, zooms 992% from March low
For the September quarter, the company reported a net profit of Rs 81.5 crore.
 "Tanla Platforms hits new high on heavy volumes, zooms 992% from March low")
SH Kelkar hits 52-week high on Anhui acquisition, advances 50% in four days
On August 1, 2018, S H Kelkar had acquired 66.7 per cent stake in Anhui for Rs 26.55 crore
 "SH Kelkar hits 52-week high on Anhui acquisition, advances 50% in four days")
Eveready Industries rallies 9% on strong September quarter results
The company is expected to maintain high operating margins in the forthcoming quarters
Adani Gas, UltraTech, HDFC Life, and Astral Poly hit record high today
Adani Green Energy and Adani Gas have rallied 50 per cent in the past month, as compared to a 10 per cent rise in the S&P BSE Sensex.
 "Adani Gas, UltraTech, HDFC Life, and Astral Poly hit record high today")
BPCL disinvestment gets going. Time to bet on OMCs? Here's what charts say
The formation of a "Death Cross" on BPCL has disrupted the upside bias lately. Here is how stocks of oil marketing companies look on the technical charts
 "BPCL disinvestment gets going. Time to bet on OMCs? Here's what charts say")
BPCL declines 5% amid profit booking after govt receives EoI for divestment
In the past one month, stock of the state-owned oil marketing company outperformed the market by surging 27 per cent as compared to a 10 per cent gain in the S&P BSE Sensex till Saturday
 "BPCL declines 5% amid profit booking after govt receives EoI for divestment")
ITC is set to hit Rs 240 levels in the medium-term. Stay invested for gains
After the breakdown below 200-day moving average (DMA) in June 2019, this is the second attempt that the stock is making to conquer the significant moving averages
 "ITC is set to hit Rs 240 levels in the medium-term. Stay invested for gains")
Avenue Supermarts in focus; stock surges 6%, nears record high
While announcing the September quarter (Q2FY21) results on October 17, the company's management said that month-on-month sales have improved during this quarter.
 "Avenue Supermarts in focus; stock surges 6%, nears record high")
Tata Steel rallies 5%, hits 52-week high on strong September quarter result
The company's Ebitda from India operations surged 4.1 times quarter-on-quarter (QoQ) and 49 per cent year-on-year (YoY) to Rs 6,025 crore.
 "Tata Steel rallies 5%, hits 52-week high on strong September quarter result")
BSE Midcap index hits 52-week high; Balkrishna, PI Ind at record levels
Aditya Birla Capital, Kansai Nerolac, Vodafone Idea, Adani Transmission and Hindustan Aeronautics were up 2% to 5% on the BSE in Muhurat trading on Saturday evening.
 "BSE Midcap index hits 52-week high; Balkrishna, PI Ind at record levels")
Valiant Organics falls 10% on disappointing Q2 nos; Co announces 1:1 bonus
The board also approved payment of interim dividend for the financial year 2020-21 of Rs 5 per share
 "Valiant Organics falls 10% on disappointing Q2 nos; Co announces 1:1 bonus")
Tata Steel shares gain 3% on strong September quarter results
Tata Steel said it has initiated discussions with SSAB Sweden based on interest received for the potential acquisition of Tata Steel's Netherland business, including Ijmuiden steelworks
 "Tata Steel shares gain 3% on strong September quarter results")
Info Edge gains 9% in three days, hits record high post Q2 results
The management said it was seeing gradual recovery of billings across all businesses
 "Info Edge gains 9% in three days, hits record high post Q2 results")
Bharat Forge declines 11% in 3 days after subdued September qtr results
The management said consolidated quarterly weak financials reflect the full impact of Covid-19 lockdown on the company's overseas manufacturing operations in Europe and North America
 "Bharat Forge declines 11% in 3 days after subdued September qtr results")
Ceramic tiles makers in focus; Kajaria, Cera Sanitaryware hit 52-week highs
Ceramic tiles companies reported resilient Q2FY21 reported numbers as organised tiles players exhibited stronger recovery back to pre-Covid volumes
 "Ceramic tiles makers in focus; Kajaria, Cera Sanitaryware hit 52-week highs")
Jubilant FoodWorks hits new high on healthy operational performance in Q2
The company said its EBITDA margins increased by 290 basis points year-on-year at 26.7 per cent in Q2FY21
 "Jubilant FoodWorks hits new high on healthy operational performance in Q2")