Page 601 - Markets

Alicon Castalloy zooms 30% in 2 days as MFs pick stake via QIP issue

As per the shareholding pattern for the period ended June 30, 2021, filed by the company, mutual funds acquired 1.48 million shares, or 9.51 per cent stake, in Alicon Castalloy

India Pesticides likely to list at 15-19% premium, hints grey market trends

Analysts say the company's strong fundamentals, reasonable valuations and sectoral position are among factors that are likely to help the company debut on a positive note

Route Mobile surges 10% on acquisition of email technology biz from Sarv

Route Mobile signed definitive agreements to acquire the artificial intelligence-driven email communication platform, Sendclean, from Sarv Webs Private Limited ("Sarv")

LG Electronics set to post strong Q2 earnings on home appliance biz

LG Electronics is likely to report strong second-quarter earnings, analysts said on Friday, as its mainstay home appliance business continued to rack up solid results

Aurobindo Pharma to transfer biz in Unit-4 to arm Eugia Pharma; stock up 4%

The company said the transfer of the business undertaking will be done for a lumpsum consideration of Rs 876 crore

Stocks to watch: Hero Moto, NMDC, Coal India, Srei Infra Fin, TCS, Coforge

Motorcycle maker Royal Enfield, part of Eicher Motors, said its total sales increased 13 per cent YoY to 43,048 units in June

Bull spread strategy on Deepak Nitrite by Nandish Shah of HDFC Securities

The stock price has broken out on the daily chart where it has closed at highest levels since May 06, 2021 with higher volumes

3 stock ideas by Osho Krishan of Anand Rathi: Buy Havells, Ipca Labs

Motherson Sumi's stock has seen some buying interest in the past trading sessions and settled well above all its major moving averages on the daily time frame

Market Ahead Podcast, July 2: Top factors that could guide markets today

Bank stocks are likely to be in focus after RBI's Financial Stability Report said the gross non-performing assets ratio of banks may rise to 9.8 per cent by March 2022

Sensex falls 164 pts; Vodafone Idea tumbles 9%, Happiest Minds soars 17%

Despite an overall slowed down momentum in the markets, investors rewarded auto stocks as the June sales figures showed healthy year-on-year recovery

European stock markets reach for records as second half starts strong

Early 1% gains in London, Frankfurt, Paris and Milan meant the pan-European STOXX 600 was close to joining Wall Street back at record highs.

Shree Renuka Sugars becomes the most valuable sugar co; up 326% in 3 months

Shree Renuka Sugars, with an m-cap of Rs 8,791 crore at 01:50 pm, surpassed Balrampur Chini Mills and EID Parry (India)

Happiest Minds hits new high, rallies 103% so far in current fiscal

A combined 11.57 million equity shares of the company had changed hands on the NSE and BSE at the time of writing this report

Power Mech zooms 33% in 4 days after order win from Central Coalfield

Non-power sector is the key for charting the company's growth in view of huge investments planned as part of National Infrastructure Pipeline (NIP) worth Rs 111 trillion in the next 5 to 6 years

Dabur India shares hit fresh record high on robust growth outlook

Dabur India's healthcare products are set to witness strong performance over the medium-term as customers focus on immunity booster and healthy lifestyle

Cosmo Films hits new high on strong earnings, rallies 69% in three months

During FY21, Cosmo Film's PAT more than doubled (up 110 per cent up from FY20) on the back of higher speciality sales, better operating margins, and an uptick in performance by subsidiaries

Vodafone Idea slips 15% on weak operational performance in Q4

In Q4FY21, Vodafone Idea reported a loss of Rs 7,023 crore as against Rs 4,532 crore in Q3FY21

Stocks to watch: Vodafone Idea, SpiceJet, Union Bank, Dish TV, auto stocks

Shares of auto companies will be in focus as firms will release their sales figures for the month of June

Trading strategies for copper and aluminum by Tradebulls Securities

The trend for aluminum has shifted from 'neutral' to 'positive'

Market Ahead Podcast, July 1: Top factors that could guide markets today

Auto stocks will be in focus as firms will release their sales figure for the month of June