Page 11 - Stock To Watch

Prudent Corporate falls 6% below its issue price despite decent listing

The stock hit an intra-day low of Rs 594.25, down 6 per cent from its issue price.

Ruchi Soya hits upper circuit on buyout of Patanjali's food retail business

The board also approved to change company's name from Ruchi Soya Industries to Patanjali Foods.

Dr Lal Pathlabs slips 6%, hits 52-week low post muted Q4 results

In Q4FY22, normalised earnings before interest, taxes, depreciation, and amortization (EBITDA) margins contracted 630 bps to 19.4 per cent from 25.7 per cent in Q4FY21

Stocks to watch: ITC, LIC, BPCL, Bharti Airtel, IOC, DLF, IGL, Zydus Life

Stocks to watch today: At 7:26 am, the SGX Nifty futures were quoting 16,223 levels, signaling 30-40 point loss for the 50-packed index.

Honda India Power surges 13%; stock hits over four-year high

The company remains confident of gasoline fueled engine and water pump business to perform well. It anticipates complete transition to gasoline from kerosene-powered products.

Weak global cues to hammer LIC listing? Here's what grey market signals

Shares of LIC were trading at a discount of Rs 15-20 a piece over its issue price of Rs 949 in the grey market ahead of its listing on Tuesday, May 17.

Avenue Supermarts gains 8% post March quarter results

Though January 2022 started extremely well but the omicron wave reduced the momentum over middle of the month.

Indus Towers hits 52-week low as stock turns ex date for interim dividend

The company has fixed Tuesday, May 17, 2022, as the 'record date' for the purpose of ascertaining the eligibility of shareholders for the payment of interim dividend of Rs 11 per share.

City gas distributor stocks gain up to 9% post March quarter results

At 10:00 am; CGD stocks were up in the range of 4 per cent to 7 per cent, as compared to 0.43 per cent decline in the S&P BSE Sensex.

Delhivery IPO's 3-day offer opens today: All you need to know

Delhivery provides supply chain solutions to a diverse base of 23,113 active customers such as e-commerce marketplace, direct-to-consumers e-tailers, and enterprises across several verticals.

Tata Steel slips 10% in 5 days post March quarter results

With the recent fall, the stock has corrected 24 per cent from its 52-week high level of Rs 1,534.60 that it had touched on August 16, 2021.

This stock has zoomed 174% in 21 days after reversal of trade suspension

Shares of Kohinoor Foods were locked in upper circuit for the 21 straight trading days, up 5 per cent at Rs 21.30 on the BSE.

Sun Pharma slips over 2% after USFDA issues observations for Halol facility

In the past five days, the stock has fallen over 5 per cent. In comparison, the S&P BSE Sensex declined 3.75 per cent during the same period

Adani Wilmar down for 8th straight day; slips 34% from 52-wk high level

Post the sharp share price rally since listing, brokerage firm JPMorgan find the stock's risk-reward unattractive. Analysts have downgraded their stance to 'underweight' with a target price of Rs 525.

Angel One extends fall despite strong April update; stk drops 32% in 4 days

On April 29, 2022, the promoter, Rahul Thakkar sold 41,200 equity shares of Angel One via open market sale.

LIC IPO: GMP falls 40% in a week; can investors see a listing pop?

Analysts anticipate volatility in the grey market to moderate after the US Federal Reserve (US Fed) clears uncertainty over rate hike in its May meeting

Cosmo Films soars 10% on bonus issue plan

The company's board will meet on Monday, May 9, 2022 to consider the issuance of bonus shares.

City gas distributor shares trade weak; IGL, MGL, Gujarat Gas down up to 6%

On the cost front, CGD companies are expected to incur high gas sourcing costs as spot liquefied natural gas (LNG) prices continue to remain at elevated levels.

Maruti Q4 preview: Experts eye 35-40% YoY rise in PAT despite chip shortage

Analysts anticipate revenue growth of 10-11 per cent YoY driven by price hikes taken over the last few quarters, including two rounds of price hikes taken this year to offset input cost rise.

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.