Page 245 - Market Trends

Here's why Mehul Kothari is bullish on Rupa, IndusInd Bank

According to the technical analyst from Anand Rathi, IndusInd Bank has managed to break out from its four-month consolidation range, and can now rally towards Rs 1,070.

Stock of this e-learning firm has zoomed 113% from issue price in 3 weeks

Veranda Learning was locked at the upper circuit for the eight straight trading day, up 5 per cent at Rs 291.20 on the BSE, and had zoomed 70 per cent since April 20.

Amber Enterprises soars 8%, hits record high on hopes of strong AC volumes

Amber Enterprises is a market leader in domestic room air conditioner (RAC) industry and air conditioning industry for mobility applications such as railways, metros, buses etc.

Stocks to Watch: Maruti, HDFC, SBI Cards, Tata Coffee, Wipro, Star Health

Stocks to Watch Today: Shares of Adani Wilmar, Jindal Stainless, Adani Enterprises, Hero MotoCorp, Tata Steel and Titan too shall be in focus ahead of the Q4 results.

CPCL surges 16% in two days on strong Q4 results; Dolly Khanna buys stake

On Thursday, April 28, 2022, investor Dolly Khanna bought 1 million equity shares representing 0.67 per cent stake in Chennia Petroleum at Rs 263.15 per share on the NSE.

Varroc zooms 20% on divestment plan of 4W lighting biz in US and Europe

The company believes that the divestment is part of company's strategy to align its resources with the high value and high growth primary markets in China, India, and two-wheeler sector globally.

Here's why Mehul Kothari recommends buying Hindalco, Endurance Technologies

According to the technical analyst from Anand Rathi, Hindalco has found support around its 200-DEMA, and seems poised for a potential reversal in the short-term.

F&O Strategy: Nandish Shah recommends a Bull spread on the weekly Nifty

The derivative analyst from HDFC Securities recommends buying Nifty 17,300 Call and simultaneously selling 17,500 Call for the May 05 expiry.

Zomato slips 46% so far in 2022 as FPIs, MFs trim stake in March quarter

Shares of food delivery company Zomato hit a new low of Rs 74.65, down 2 per cent on the BSE in Thursday's intra-day trade. The stock has dropped 6 per cent in the past two trading days.

Hindustan Unilever gains 4% post strong March quarter results

In Q4FY22, the country's largest FMCG major saw net profit climb by 5.4 per cent year-on-year (YoY) to Rs 2,304 crore, compared to Rs 2,186 crore from a year-ago period.

HUL better placed to fight inflation; negatives priced-in stock: Analysts

While analysts see near-term margin compression, on expected lines, due to rise in commodity prices, they believe HUL is relatively better placed to fight the inflation woes.

Indian Hotels surges 6% on healthy Q4 turnaround, strong demand outlook

The management said business outlook is positive with April and May trending ahead of 2019.

Veranda lists 15% higher over issue price on BSE; down 5% on NSE

At 10:22 am; the stock locked in upper circuit of Rs 164.85, after hitting a low of Rs 149.15 in intra-day trade on the BSE, against issue price of Rs 137 per share.

Reliance Industries becomes 1st Indian company to hit Rs 19-trillion m-cap

According to the BSE data, RIL m-cap stood at Rs 19.02 trillion at 09:33 AM, with the stock up 1.3 per cent at Rs 2,811.85.

Stocks to Watch: Reliance, Bajaj Finance, Wipro, HDFC Life, Tata Coffee

Stocks to Watch Today: Shares of Bajaj Auto, Hindustan Unilever and Indian Hotels are likely to be in focus as the companies report Q4 results on Wednesday.

Nifty likely to remain choppy, these are the key levels as per Vinay Rajani

The technical analyst from HDFC Securities recommends buying Action Construction Equipment and Bandhan Bank.

Adani Wilmar crosses Rs 1-trn market cap; stock up 249% since debut in Feb

At 10:40 AM, AWL up 5 per cent stood at 50th position in overall market-cap ranking with a m-cap of Rs 1.04 trillion, BSE data shows.

LIC IPO: Will the reduced offer size help garner investor interest?

While analysts remain mixed on how the government's largest-ever IPO would perform on Dalal Street, they expect the issue to sail through as the markets have staged strong recovery from March lows.

Bajaj Auto Q4 preview: Will subdued vols, high input cost dampen results?

Analysts expect revenue to decline by 11-12 per cent year-on-year (YoY) in Q4, marked by decline in volumes and surge in average selling price due to steep price hikes taken over the last few quarters

Adani Enterprises hits new life-time high, stock up 5% on heavy volume

According to a Bloomberg report, Gautam Adani's conglomerate is in advanced talks to acquire Holcim Ltd.'s businesses in India.