Page 775 - Buzzing Stocks

Larsen & Toubro shares advance 6%, hit over seven-month high

Analysts believe that L&T is well-placed to emerge stronger given its financial, technical and managerial capability to sustain and gain market share

HDFC regains Rs 4 trillion m-cap; stock surges 6%, hits over 8-month high

At 01:01 pm, HDFC market capitalisation (market-cap) stood at Rs 4.11 trillion on the BSE.

Ashok Leyland hits 52-wk high on demand recovery hope; stk up 73% in 3 mths

M&HCV demand and inquiries have slowly started returning as operators have started paying EMIs post moratorium, eventually leading to the ease of financing

Dr Lal PathLabs, Thyrocare slip on profit booking on Covid vaccine optimism

From March lows, the stock price of Thyrocare Technologies has been more-than-tripled and of Dr Lal PathLabs more-than-doubled on the BSE

Adani Gas, SRF: 44 stocks in Nifty500 can see profit booking, RSI show

As the Sensex and Nifty scaled record peak, various stocks have entered the overbought condition of RSI.

Equitas SFB hits highest level since listing on healthy Q2 numbers

The Reserve Bank of India has lifted all restrictions imposed on Equitas SFB a year ago, the lender said on Monday.

Pfizer surges 19% as parent claims Covid-19 vaccine 90% effective

Pfizer and its German partner BioNTech SE said they had so far found no serious safety concerns

IndusInd Bank hits over seven-month high; advances 33% in 6 days

The stock was up 5% at Rs 777.80, trading at its highest level since March 13, 2020.

Escorts rallies 5%, hits record high on healthy outlook in current fiscal

The company's domestic market share increased to 11.6 per cent in fiscal 2020 from 10.8 per cent in fiscal 2018. Overall, Escorts revenues are expected to register 5-6 per cent growth in fiscal 2021

Pharma shares underperform in a firm market; Glenmark, Ipca Labs fall 6%

In the past month, the S&P BSE Healthcare index underperformed the market by falling 5 per cent, as compared to 5.4 per cent rise in the S&P BSE Sensex

Voltas hits fresh record high on restructuring plan of B2B business

In Q2FY21,Voltas reported a healthy performance with consolidated revenue grew by 13 per cent year-on-year to Rs 1,613 crore led by revenue growth in all three segments.

Chart check: After hitting a new high, Sensex is now eyeing 45,000 levels

Analysts expect the US dollar to weaken, oil prices to moderate, and interest rates to remain low under president-elect Joe Biden's administration, providing a tailwind for domestic equities

Astral Poly Technik gains 4% on healthy operational performance in Q2

The management said the recovery in pipe segments has picked up momentum from September 2020 onwards

Adani Gas gains for fifth straight day after it buys CGD biz in 3 new areas

The company had acquired three geographical areas namely Ludhiana, Jalandhar and Kutch (East)

Amber Enterprises plunges 7% on profit booking post Sept quarter results

EBITDA margins declined 134 basis points to 4.8 per cent in Q2FY21 due to de-operating leverage playing out considering the dip in revenues

Divi's Laboratories surges 6%, hits a record high on strong Q2 numbers

Q2FY21 EBITDA margins expanded 843 bps YoY to 42.4 per cent due to significantly better gross margin performance and lower other expenditure.

Financials extend rally; IndusInd, Shriram Transport surge over 20% in 1 wk

In the past week, the S&P BSE Finance index has rallied 10 per cent, against a 5 per cent gain in S&P BSE Sensex.

HDFC Bank stock hits record high, advances 25% in three months

The stock of the private sector lender has outperformed the market by surging 10 per cent in the past week, as compared to a 5.6 per cent rise in the S&P BSE Sensex.

SBI Cards trades higher for fifth straight day; stock gains 3%

Analysts remain positive on SBI Cards' long term structural story and the spends inching toward pre-Covid levels.

Asian Paints, Pidilite Ind: Trading strategies for paint stocks post Q2 nos

The overall trend in paints stocks is still bullish with mild profit-booking.