Page 12 - Stock To Watch

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.

Bajaj Finance slips 5% despite strong Q4FY22 results

Brokerage firm Motilal Oswal Financial Services expects net interest margins (NIMs) to compress in FY23 due to yield pressure and higher borrowing cost.

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

Mahindra CIE surges 13% on stable operational performance in March quarter

In Q1, standalone EBITDA margin improved 310 basis points (bps) to 15.5 per cent from 12 per cent in Q4.

Borosil Renewables surges 13% ahead of board meet for fund raise

The company will mull fund raise, which may include issuance of equity shares or any other securities of the company, through preferential issue on a private placement basis.

Nestle Q1: Input cost rise, Sri Lanka crisis could hit profit, say analysts

Analysts expect the maggi maker to report muted profit in the March quarter 2022 due to sluggish rural demand sentiment and input cost inflation.

MRPL surges 13% on heavy volumes; stock zooms 58% in April

The stock hit over three-year high of Rs 65.45, after rallying 13% on the BSE in Wednesday's trade, on the back of heavy volumes.

The stock of this iron & steel company has zoomed 89% in 11 trading days

Sunflag Iron and Steel soared 18 per cent to hit a record high of Rs 118.90 on the BSE in Tuesday's intra-day trade, extending previous two-week rally on the back of heavy volumes.

NTPC surges 6% on heavy volumes; stock hits over 2-year high

In the past one month, NTPC has outperformed the market by surging 22 per cent on expectation of strong power demand. In comparison, the benchmark index was down 1.3 per cent.

Poonawalla Fincorp hits 52-week high; stock soars 44% in a month

In the past six months, the stock has been more-than-doubled or zoomed 110 per cent, as compared to 3.3 per cent decline in the S&P BSE Sensex.

Mrs Bectors Food Specialities slips 10% on heavy volumes

Mrs Bectors Food has underperformed market in the past 3-6 months after reporting weak set of numbers. In comparison, the benchmark index was down by less than 4 per cent during the same period.

Infosys Q4 preview: Will high costs dent margin? What top brokerages expect

Analysts expect the Bengaluru-based firm to post flat-to-negative EBIT margin due to higher attrition, lower utilisation, and rising travel expenses.

TCS gains 1% in a weak market on strong demand outlook

The demand outlook continues to be strong as clients continue to spend on cloud transformation programs.

LT Foods surges 14% in two days on heavy volumes; stock nears 52-week high

Ratings agency CRISIL believes organic business profitability of LT Foods should lead to higher consolidated EBITDA in the fourth quarter of 2022.

With Rs 4.2 trn m-cap, Adani Green is now India's 10th most valued firm

Adani Green Energy entered the list of top-10 most valued companies, in terms of m-cap, in the country on Monday after the stock price of the company zoomed 20 per cent to hit a new high

Hindustan Aeronautics trades at all-time high; likely to see 20% upside

The overall chart outlook hints at a rally towards the Rs 2,000 mark for the stock.

Tejas Networks snaps 2-week winning streak; Stock hits 5% lower circuit

Atmanirbhar Bharat Abhiyan of the Government is aimed at limiting import dependence and increasing demand for indigenous products, providing better growth opportunities for the company.

Bharat Dynamics zooms 29% in two days on heavy volumes; stock hits new high

The market price of BDL has surged 35 per cent in six trading days after exchanging MoU with UAE firm to explore new business opportunities.

Policy support, volume growth: What's lifting the spirits of liquor stocks?

The change in duty structure and new tax policy of FY23 is expected to bring a much awaited relief for alcohol beverage industry. However, analysts believe barley price rise to act as a spoilsport.

Easy Trip Planners hits record high on heavy vols; stock up 20% in 2 days

The management asserts that strong demand uptick will bolster the travel industry.