Page 240 - Market Trends

Fine Organic hits record high; soars 35% in four days on strong Q4 results

PAT jumped nearly four-fold; Ebitda margins improved to 25.8 per cent from 15.1 per cent owing to shift in the product mix towards high- margin value-added products

eMudhra ends flat on debut after 9% spike over IPO price in intraday trade

The firm's Rs 413-crore IPO had garnered 2.7x subscription. Through the offer, eMudhra raised Rs 200 cr fresh capital, remaining was secondary sale

Normal monsoon boost Indian economy; related stocks may gain: Analysts

Analysts consider the south-west monsoon to be the lifeline of India's agri-based economy, as it is likely to brighten outlook for bumper crop output amid inflationary times post covid-19 blowout.

Titan, Lupin, Indian Hotels: How to trade Rakesh Jhunjhunwala-owned stocks

Titan and Lupin seem poised for solid gains among Rakesh Jhunjhunwala's portfolio, while shares of Lupin, Star Health and Jubilant Pharmova can be avoided for now.

The stock of this merchant banker has zoomed 226% in five weeks

Galactico Corporate Services hit a new high of Rs 249.65 and was locked in upper circuit of 5 per cent for 14 straight trading days.

Oil India surges 15% in three days on strong March quarter results

Analysts remain bullish on prospects of the company due to increase in crude price realisation and improvement in domestic gas price realisation.

eMudhra makes decent debut, stock lists at 6% premium to issue price

The stock listed at Rs 271 on the BSE as against the issue price of Rs 256 per share. The IPO was subscribed 2.72 times.

Bharat Dynamics up 7% post Rs 2,971 crore deal with Defence Ministry

The company has signed a contract worth Rs 2,971 crore with Ministry of Defence for supply of Astra Mark-I BVRAAMs and associate equipments to Indian Air Force and Indian Navy.

This consumer electronics stock zoomed 2500% in 2 years; hits new high

The stock of PG Electroplast has surged 30 per cent in two days after the company posted strong operational performance in March 2022 quarter (Q4FY22) that signaled robust outlook.

HDFC, HDFC Bank, Bajaj Finance, Bajaj Finserv: Should you buy or sell them?

The Bajaj and HDFC twins can rally up to 8 per cent provided the stocks manage to sustain above the following key technical levels on the daily and weekly charts.

Vi gains 10% on reports of Amazon & PEs Rs 20,000 crore investment plan

Sources say that the proceeds of the sale will be utilized to bid for the upcoming 5G spectrum auction and roll-out of services by end of the year.

Voltamp Transformers zooms 9%, stock up 32% in two weeks on strong Q4 nos

The company's profit jumped 67 per cent on a YoY basis, while sales grew by 36.3 per cent. The board has also recommended a dividend of Rs 35 per share.

J Kumar Infra gains 3%, hits 52-week high on solid Q4 results

In the past three months, the stock zoomed 55 per cent, as against 1 per cent decline in the S&P BSE Sensex.

BSE Auto index hits over 3-mth high; M&M at record high, Tata Motors up 3%

Analysts at Emkay Global Financial Services retain their positive view on the auto sector, underpinned by expectations of a cyclical upturn in the next three years.

Sensex powers up over 1,000 points: What's fueling the surge on Monday?

Analysts believe that the improvement in global sentiment on the back of consumer resiliency and peaking inflation brought cheer back to the Dalal Street.

RIL, IT stocks propel Sensex 1,041 pts up; Nifty tops 16,650; Ethos dips 9%

CLOSING BELL: Among individual stocks, Titan, Infosys, M&M, L&T, Reliance Industries, HCL Tech, TCS, and Tech M were the lead gainers

Timken India surges 14% on strong March quarter results

Going forward, Timken is expected to perform better with sustainable margins, new product launches and better performance in Indian CV & PV segment.

Ethos debuts on a weak note; stock lists at 6% discount to issue price

Shares of Ethos listed at Rs 825, a 6 per cent discount when compard with its issue price of Rs 878 per share on the NSE.

Mahindra & Mahindra rallies 4%, hits 52-week high post Q4 results

Given the recent fiscal and monetary measures by Government of India and RBI, the company's management foresees the cost pressures in the economy to ease out.

Upside seems capped for MCX Gold; Silver may consolidate in this range

The upside for MCX Gold June futures seem capped around Rs 51,400-level, while support is seen around Rs 50,670; Silver futures may consolidate in a broad range of Rs 58,480 to Rs 63,885.