Page 794 - Buzzing Stocks
Defence related stocks in focus; Bharat Dynamics, HAL gain up to 4%
Shares of Bharat Dynamics gained 4 per cent to Rs 311, while HAL was up 2 per cent at Rs 795 on the BSE. In comparison, the S&P BSE Sensex was up 0.50 per cent
 "Defence related stocks in focus; Bharat Dynamics, HAL gain up to 4%")
Sun Pharma closes share buyback offer period; stock jumps 5%
The drug major is looking to expand its specialty business across different regions like Greater China and Japan after having established presence in the US market
 "Sun Pharma closes share buyback offer period; stock jumps 5%")
ITC trades firm despite Maharashtra banning sale of loose cigarettes
This regulation is mainly on small retail shops and would be difficult to implement on the ground, analysts say
 "ITC trades firm despite Maharashtra banning sale of loose cigarettes")
Adani Ports, Mishra Dhatu: 27 stocks set to gain after conquering 200-DMA
The benchmark indices, Nifty 50 and S&P BSE Sensex, have also rebounded from their respective 200-DMA lows.
 "Adani Ports, Mishra Dhatu: 27 stocks set to gain after conquering 200-DMA")
Tyre stocks in focus; Balkrishna Ind rallies 9%, hits fresh record high
Apollo Tyres, Ceat, MRF and JK Tyre were up 3 per cent to 7 per cent on the BSE, as compared to 1.3 per cent rise in the S&P BSE Sensex at 12:20 pm
 "Tyre stocks in focus; Balkrishna Ind rallies 9%, hits fresh record high")
Escorts hits new high as Co starts commercial production of Kubota tractors
In the JV, Escorts Kubota India Pvt Ltd, Kubota Corporation has 60 per cent ownership while the rest 40 per cent is with Escorts.
 "Escorts hits new high as Co starts commercial production of Kubota tractors")
PVR, Inox Leisure: Reopening of cinemas in West Bengal can trigger a rally
Is it a good time to buy stocks of multiplex operators amid unlocking of the economy? Here's what charts suggest
 "PVR, Inox Leisure: Reopening of cinemas in West Bengal can trigger a rally")
Laurus Labs surges 6% as stock to turn ex-date for 1:5 split on Tuesday
The board has fixed September 30, 2020 as the 'record date' for sub-division of equity shares of the company from existing face value of Rs 10 each to face value of Rs 2 each
 "Laurus Labs surges 6% as stock to turn ex-date for 1:5 split on Tuesday")
Surya Roshni shares rally 10% on order wins worth Rs 273 crore
The company has obtained orders aggregating to Rs 272.86 crore (excluding GST) for the supply of coated API line pipes to GAIL and Indradhanush Gas Grid for North-East gas grid pipe line projects
 "Surya Roshni shares rally 10% on order wins worth Rs 273 crore")
PVR, Inox Leisure gain as cinema halls to reopen in West Bengal from Oct 1
Cinema halls have remained shut since the nationwide coronavirus lockdown began in late March.
 "PVR, Inox Leisure gain as cinema halls to reopen in West Bengal from Oct 1")
LVB slips 6% as shareholders vote against reappointment of top brass
The Reserve Bank of India approved a Committee of Directors, comprising of three independent directors, who would run the day-to-day affairs of the lender.
 "LVB slips 6% as shareholders vote against reappointment of top brass")
Indoco Remedies rallies 9% after launching Covid treatment drug
Fevindo-400 will be made available at all government approved COVID care centres and selected medical practitioners across the country
 "Indoco Remedies rallies 9% after launching Covid treatment drug")
Vakrangee hits 10% upper circuit on RBI's in-principle nod to set up BBPOU
Despite the 10 per cent surge on Friday, the stock has underperformed the market by falling 19 per cent in past three months, as against 7 per cent rally in the S&P BSE Sensex
 "Vakrangee hits 10% upper circuit on RBI's in-principle nod to set up BBPOU")
Camlin Fine surges 11% in one week after it starts production at Dahej unit
The company will produce Hydroquinone and Catechol, key raw materials for the business, at the lowest cost in the world at the Dahej facility, which shall benefit margins
Cipla surges 5% on USFDA approval for dimethyl fumarate DR capsules
The drug, indicated for treatment of relapsing forms of multiple sclerosis, had annual US sales of US$3.8 billion as per IQVIA MAT July 2020.
 "Cipla surges 5% on USFDA approval for dimethyl fumarate DR capsules")
Granules India up 5% on USFDA approval for generic Aleve PM tablets
According to media reports, global private equity firms have expressed interest in acquiring a controlling stake in the company
 "Granules India up 5% on USFDA approval for generic Aleve PM tablets")
Prince Pipes hits highest level since listing; stock zooms 242% in 4 months
The stock rallied 8% in the intra-day trade on Friday to Rs 260, its highest level since its listing on December 30, 2019
 "Prince Pipes hits highest level since listing; stock zooms 242% in 4 months")
GMR Infrastructure gains 4% on stake sale in Kakinada SEZ
The company has signed definitive agreements for the sale of equity owned by its wholly owned subsidiary GMR SEZ and Port Holding of its entire 51 per cent stake in Kakinada SEZ to Aurobindo Realty
 "GMR Infrastructure gains 4% on stake sale in Kakinada SEZ")
Advanced Enzyme Technologies soars 30% in 2 days after FPI picks 4% stake
On Thursday, Nalanda India Equity Fund bought 4.19 million equity shares, representing 3.75 per cent stake, in Advanced Enzyme for Rs 111 crore
 "Advanced Enzyme Technologies soars 30% in 2 days after FPI picks 4% stake")
HSIL hits fresh 52-wk high, gains 17% in 3 days on board's nod for buyback
The board on Monday approved buyback of shares at Rs 105 per share for an aggregate amount of Rs 70 crore via open market.
 "HSIL hits fresh 52-wk high, gains 17% in 3 days on board's nod for buyback")