Page 164 - Market Trends
Honasa Consumer hits new peak, zooms 20% post strong Q2 earnings
The stock price of Honasa has zoomed 65 per cent from Rs 256.10 touched on November 10, in intra-day trade on the BSE.
 "Honasa Consumer hits new peak, zooms 20% post strong Q2 earnings")
Man Infraconstruction zooms 12% on plans to raise funds; up 162% since Apr
The company said its board will meet on November 29 to consider the proposal for raising of funds by way of issue of one or more of instruments comprising of equity shares, etc.
 "Man Infraconstruction zooms 12% on plans to raise funds; up 162% since Apr")
Prataap Snacks zooms 30% in two days as GDN Investments buys 1% stake
On Monday, as many as 1.61 million shares representing 6.8 per cent of total equity of Prataap Snacks changed hands on the NSE, the exchange data shows.
 "Prataap Snacks zooms 30% in two days as GDN Investments buys 1% stake")
Tata Investment extends rally on huge volumes; stock up 41% in two days
A combined 4.35 million equity shares representing 8.6 per cent of total equity of TICL had changed hands on the NSE and BSE till 02:14 PM.
 "Tata Investment extends rally on huge volumes; stock up 41% in two days")
Oberoi Realty jumps 5%, m-cap hits Rs 50,000 cr as company forays into NCR
In past one month, the stock has outperformed the market by surging 28 per cent, as compared to 0.34 per cent gain in the S&P BSE Sensex and 15 per cent rally in the S&P BSE Realty index.
 "Oberoi Realty jumps 5%, m-cap hits Rs 50,000 cr as company forays into NCR")
HCL Tech hits 52-week high, rallies 6% in 4 days; stock nears record high
Looking ahead, based on the bookings and all the deals that the company has signed, the management expects very healthy growth in Q3 and Q4
 "HCL Tech hits 52-week high, rallies 6% in 4 days; stock nears record high")
Talbros Automotive zooms 19% on winning multi-year orders worth Rs 580 cr
These orders will help the company increase its share domestically and in the export market in the coming years
 "Talbros Automotive zooms 19% on winning multi-year orders worth Rs 580 cr")
RBI rule on unsecured loans to hit lenders' capital, loan growth: Analysts
Shares of RBL Bank slipped 9 per cent to Rs 230.555, while those of SBI Cards and Payment Services plunged 7 per cent to Rs 720.40 in intraday trade
 "RBI rule on unsecured loans to hit lenders' capital, loan growth: Analysts")
Rail stocks in demand: Titagarh, IRCON, RailTel, RVNL rally up to 19%
The Indian Rail Freight Industry is experiencing significant growth and improvements, with ambitious plans and increased investment aimed at enhancing capacity, efficiency, and sustainability
 "Rail stocks in demand: Titagarh, IRCON, RailTel, RVNL rally up to 19%")
JSW Infra soars 8% on Rs 4,119-cr project win from Karnataka government
The stock hit a new high of Rs 220, and was quoting 85 per cent higher against its issue price
 "JSW Infra soars 8% on Rs 4,119-cr project win from Karnataka government")
Eicher Motors hits new high; soars 18% thus far in Nov on healthy outlook
Despite the competitive pressure in Q2, Eicher Motors posted a healthy volume growth of 10.4% Y-o-Y basis to 248,831 units which supported by festive period and shift towards premium motorcycles
 "Eicher Motors hits new high; soars 18% thus far in Nov on healthy outlook")
eCOM, Insta EMI Card ban may hit Bajaj Finance for 1-2 qtrs: Analysts
Following the development, shares of Bajaj Finance tumbled 4 per cent in the intraday trade, before recouping losses to end 1.9 per cent higher at Rs 7,366 per share
 "eCOM, Insta EMI Card ban may hit Bajaj Finance for 1-2 qtrs: Analysts")
Stock of this small-cap pharma company has zoomed over 50% in last 3 weeks
Wockhardt hit a fresh 52-week high of Rs 334.50, surging 19% on the BSE in Thursday's intra-day trade on the back of heavy volumes
 "Stock of this small-cap pharma company has zoomed over 50% in last 3 weeks")
TCS surges 4%; sets Nov 25 as record date for Rs 17,000-crore buyback issue
The company will buy back up to 40.9 million shares for Rs 4,150 apiece through the tender offer route
 "TCS surges 4%; sets Nov 25 as record date for Rs 17,000-crore buyback issue")
Protean eGov jumps 15% for 2nd straight day; now up 55% over issue price
The stock hit a new high of Rs 1,227.80 and has zoomed 55 per cent against its issue price of Rs 792 per share in just three trading sessions.
 "Protean eGov jumps 15% for 2nd straight day; now up 55% over issue price")
Tata Motors hits new high; up 2% after setting price band for Tata Tech IPO
Analysts have a positive view on Tata Motors primarily tracking guidance of record profitability and cash flow generation at JLR for FY24E, strong intent to become net debt free (auto) by FY25E.
 "Tata Motors hits new high; up 2% after setting price band for Tata Tech IPO")
Nifty Realty soars 84% from March low; Prestige, Lodha rally 100% in 7 mths
In Wednesday's trade, Nifty Realty rose 3 per cent to Rs 683.30, which was also its highest level since September 8, 2008
 "Nifty Realty soars 84% from March low; Prestige, Lodha rally 100% in 7 mths")
Stock of this private defence company has zoomed over 100% in one month
Shares of Apollo Micro Systems hit a new high of Rs 133.90, and were locked at the 10% upper circuit on the BSE, on strong earnings and healthy business outlook.
 "Stock of this private defence company has zoomed over 100% in one month")
Manappuram Finance surges 10%, nears 52-week high on strong Q2 results
The average trading volumes on the counter jumped over seven-fold with a combined 27.08 million equity shares having changed hands on the NSE and BSE till 10:25 AM
 "Manappuram Finance surges 10%, nears 52-week high on strong Q2 results")
Tata Motors up 1% on announcing IPO date for Tata Tech; DVR hits new high
Tata Technologies' initial public offering (IPO) will open for subscription on November 22
 "Tata Motors up 1% on announcing IPO date for Tata Tech; DVR hits new high")