Page 597 - Markets

Sugar stocks on a roll on improved outlook; Shree Renuka zooms 127% in June

Sugar companies are seeing a huge, untapped demand for ethanol for the blending program of the, which can be of benefit to the sector in the future

Oil India trades higher for 7th straight day, hits 18-month high

HDFC Securities has a BUY recommendation on Oil India with a revised price target of Rs 183

Power Mech Projects soars 15% on order win from Central Coalfield

The projects has been given by a subsidiary of Coal India, aggregating to Rs 9,294 crore over the contract period

Finolex Industries zooms 15% on strong operational performance in Q4

In the past three months, the stock has outperformed the market by zooming 62 per cent, as compared to 8 per cent gain in the S&P BSE Sensex

Thyrocare Technologies dips 7% as PharmaEasy offers to acquire 66% stake

Docon Technologies, along with API Holdings, the parent company of unicorn PharmEasy, also made an open offer for acquisition of additional 26% stake in Thyrocare at a price of Rs 1,300 per share

Dodla Dairy makes strong debut, lists at 28% premium over issue price

The stock listed at Rs 550, a 28 per cent premium over the issue price of Rs 428 per share on the NSE

Stocks to watch: Dodla Dairy, KIMS, Barbeque Nation, Thyrocare, SBI, Lupin

Realty firm Ashiana Housing on Saturday reported a consolidated net loss of Rs 5.2 crore for the quarter ending March. Its net loss stood at Rs 8.63 crore in the year-ago period

Stock picks by Sameet Chavan: Buy Cummins India, SBI Life Insurance

Recently, Cummins India's declining trend seems to have been arrested around the 750-mark, which coincided with the '89-EMA' on the daily chart

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

Kotak Bank stock has been moving within a tight range for quite some time and is currently taking support near the significant 200DMA level of Rs 1,737

Market Ahead Podcast, June 28: Factors that could guide markets this week

SpiceJet, Hindustan Motors, Suzlon Energy, Rail Vikas Nigam, Ruchi Soya Industries, and Hindustan Aeronautics are among the companies which are going to announce their quarterly earnings this week

Hybrid fintech firm Choice International FY21 net profit at Rs 167 mn

BSE-listed Choice International Limited, a fintech conglomerate, reported a net profit of Rs 167 million on a revenue of Rs 1,687 million for the financial year 2020-21

Sensex ends 226 pts up; Tata Steel jumps 4.6%, Voda Idea 12%, RIL slips 2%

In the broader market, the BSE MidCap and SmallCap indices advanced 1 per cent and 0.4 per cent, respectively

Maruti Suzuki gains 11% in 4 days after Co announced price hike plan

Analysts said there is a healthy order-book and adequate finance availability which should support a demand rebound

Thermax gains 6% after arm wins Rs 250 crore order in Latin America

Thermax Babcock and Wilcox Energy Solutions has concluded a Rs 250 crore order for a claus package and an oxidiser package in the sulphur recovery unit for a greenfield refinery in Latin America

Apollo Hospitals soars 8% on heavy volumes; m-cap nears Rs 50,000 crore

Structurally, cost reduction drives, expanding of complex procedures and profitability of new hospitals and AHL remain key management focus areas, analysts said.

Inox Wind hits upper circuit for eighth straight day; up 62% post listing

With effect from Friday, the stock has been permitted to trade under 'B' group from 'T' group earlier

SBI, BoB: After stellar rally, can PSU banks still offer good returns?

If the stock of SBI fails to conquer the resistance of Rs 425-mark, some weakness is likely near the support of Rs 410 levels

Ashok Leyland advances 9% as Co reports market share gain in March quarter

Sequentially, MHCV truck volumes for Ashok Leyland have grown by 57 per cent in Q4FY21 which was higher than the industry growth of 53 per cent

State-owned ONGC reports Q4 profit at Rs 6,734 crore on high realisation

State-owned Oil and Natural Gas Corporation (ONGC) has reported a profit after tax at Rs 6,734 crore for the January to March quarter as compared to a loss of Rs 3,214 crore in the year-ago period

Laurus Labs rallies 5% on credit rating upgrade; stock hits record high

The company is looking to build new capacities/facilities that would propel its growth in the coming years