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Here’s a look at buzzing stocks for trade on March 13

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The Indian markets are set to open sharply lower on Friday following a massive sell-off in global risky assets. The Sensex and Nifty plunged into bear territory on Thursday, with the blue-chip Nifty 50 sliding below 9,600-mark to its lowest level in 2.5 years after the coronavirus outbreak was termed a pandemic and the United States suspended travel from Europe.

State Bank of India: The SBI board has approved the purchase of 725 crore shares in Yes bank at Rs 10 per share.

Wipro: Company has announced that it will co-develop solutions with SAP for retail and fashion industry.

Sun Pharmaceuticals Industries: The company will consider share buyback on March 17.

BPCL: The company has declared an interim dividend of Rs 16.50 per share.

IIFL Finance: The company has received NBFC license from the Reserve Bank of India on March 11.

Cipla: The board has approved payment of interim dividend of Rs 3 per share and one-time special dividend of Re 1 per share.

Lakshmi Vilas Bank: The lender has clarified that its liquidity coverage ratio is at a comparable level more than what is prescribed by the Reserve Bank of India (RBI) and it is in the process of recovering NPAs.

KPI Global Infrastructure: The company has signed a power purchase agreement with Songwon Speciality Chemicals for sale of 1 million-watt solar power for a period of 5 years.

Escorts: India Ratings has revised company’s outlook to ‘Stable’ from ‘Positive’.

AstraZeneca Pharma India: The company has received import and market permission from the Drugs Controller General of India for Calquence drug, used for the treatment of leukemia.

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Here’s a look at buzzing stocks for trade on March 12

The Indian markets are likely to open sharply lower as sell-off in global equities continues after the World Health Organization (WHO) declared the coronavirus outbreak a global pandemic.

State Bank of India: The state-run largest lender has waived the average monthly balance maintenance for all savings.

InterGlobe Aviation: IndiGo has said that it is experiencing a fall in daily bookings to the extent of 15-20 percent over the last few days.

Biocon: The company and Mylan have won a patent case asserted by Sanofi for insulin Glargin device in the US.

Varun Beverages: PepsiCo to acquire energy drink maker Rockstar Energy in a $3.85 billion deal.

Mahindra & Mahindra: The company to acquire additional 34,249 equity shares of MITRA Agro Equipments Pvt Ltd.

Canara Bank: The lender has allotted Basel-III compliant Tier-II bonds worth Rs 3,000 crore.

KPIT Technologies: The company will buy 78.5 percent stake in Vayavya Labs for Rs 24.56 crore.

Hikal: The company has clarified that there has been no closure at its Mahad unit and the unit has been operating normally.

SMS Pharmaceuticals: The company has received an Establishment Inspection Report (EIR) from USFDA for API facility in Andhra Pradesh.

Jindal Saw: CARE Ratings has assigned its rating as A1+ for the proposed commercial papers.

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Here’s a look at buzzing stocks for trade on March 11

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The Indian markets are likely to open lower amid mixed global cues as investors watch for developments around government stimulus as the coronavirus continues its spread globally. Here are today’s top buzzing stocks:

Infosys: The IT major has joined Qualcomm Smart Cities Accelerator Programme to offer smart city solutions.

Adani Gas: The NCLAT has upheld CCI order on the company for abuse of dominant position, reduced the quantum of penalty.

Biocon: The USFDA has accepted biologics licence application for Mylan and company’s proposed Bevacizumab for review.

Vedanta: India Ratings revised the company’s outlook to Negative from Stable, but affirmed long-term issuer rating at AA.

Granules India: The shareholders of the company has approved buyback worth Rs 2,500 crore.

ABB India: Board approved sale of solar inverter business for Rs 100.6 crore on slump sale basis to FIMER’s India subsidiary.

Goa Carbon: The company has reported total petcoke production in February at 2,378 MT.

Zensar Technologies: The company’s subsidiary Foolproof has received order from global property consultant JLL.

Mangalam Organics: The company has paid Rs 5 crore as dues for the appeal pending with the Customs Excise and Service Tax Appellate Tribunal (CESTAT).

Raymond: CEO of company’s lifestyle business, Sanjay Behl stepped down due to the demerger process at the group.

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Here’s a look at buzzing stocks for trade on March 09

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The Sensex and Nifty are likely to open sharply down Monday morning, as key Asian markets are deep in the red. Global markets continue to be under pressure, with crude oil prices plunging amid fears of a price war between the major oil producing nations. And while central banks globally have lowered rates, market watchers feel that may not do much to fix the disruptions seen across industries following the outbreak of the coronavirus. Here are today’s top buzzing stocks:

Yes Bank: The Enforcement Directorate (ED) has arrested Yes Bank’s former MD & CEO Rana Kapoor.

BPCL: The government has invited bids for the sale of its entire 52.98 percent stake in Bharat Petroleum Corporation (BPCL).

IndusInd Bank: The private lender has announced deferment of its plans to raise funds using additional tier-1 instrument.

Indiabulls Housing Finance: The company has said that Yes Bank owes Rs 662 crore via AT-1 Bonds to the company.

PNB Housing Finance: India Ratings has downgraded the rating of the Non-Convertible Debentures of the Company to ‘IND AA’ from ‘IND AA+’ with Stable outlook.

Natco Pharma: US Food and Drug Administration has issued single observation to its Hyderabad unit.

DLF: Board approved issuance of NCD worth Rs 1,000 crore.

Hikal Ltd: The company has received a notice from the Maharashtra Pollution Control Board for closure of Mahad Unit.

Indian Hume Pipe: The company has received Letter of Acceptance for the work of Rs 492.30 crore.

PTC India: The company has won consulting projects worth Rs 75 crores from its long-term associate Energy Efficiency Services Ltd.

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Here’s a look at buzzing stocks for trade on March 06

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The Indian markets are likely to open sharply lower on Friday tracking sell-off in global equities on fears of a prolonged world economic slowdown due to the coronavirus outbreak. Here are today’s top buzzing stocks:

Yes Bank: Govt places bank under moratorium, limited withdrawals.

State Bank of India: The country’s largest lender has clarified that matter of Yes Bank was discussed in its board meeting and in-principle approval was given to explore investment in the bank.

Mahindra & Mahindra: February production falls 56 percent to 25,643 units while sales decline 43 percent to 30,083 units, YoY.

Lupin: The company has launched generic Vimovo tablets in the USA.

JSW Steel: Moody’s has changed the outlook on company’s ratings to Stable from Positive and affirmed Ba2 ratings. ICRA revised the long-term credit rating of the company to AA-. (Image: Reuters)

Sagar Cement: Cement production for February falls 7.9 percent while sales decline 2.55 percent, YoY.

Pidilite Industries: The company has incorporated joint venture to carry on construction business using C-Techos Wall Tech.

Punjab National Bank: Board approved share exchange ratio for the merger with Oriental Bank of Commerce and United Bank. (Image: IANS)

CG Power & Industrial Solutions: NCLT has approved re-opening of books of accounts of the company for the past five years till March 31, 2019, on an application filed by the Ministry of Corporate Affairs.

Union Bank of India: Board approved share exchange ratio for the merger with Andhra Bank & Corporation Bank.

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Here’s a look at buzzing stocks for trade on March 05

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The Indian markets are likely to open higher tracking positive momentum in global peers after the International Monetary Fund (IMF) announced a $50 billion aid package on Wednesday to combat the impact of the coronavirus. Meanwhile, the various announcement by the finance minister will also support markets. Here are today’s top buzzing stocks:

Housing Development Finance Ltd: The mortgage lender has reduced its retail prime lending rate (RPLR) on housing loans by 5 basis points.

Bank of Baroda: Moody’s has cut bank’s baseline credit assessment rating to Ba3 against Ba2.

Maruti Suzuki: The company has partnered with HDB Financial Services to facilitate car loans for the customer.

HDFC Bank: The lender has reconstituted the search panel to identify the successor to the MD.

Allcargo Logistics: The company has received SEBI approval to buy 3.17 crore shares in Gati via open offer.

Mahindra & Mahindra: Supply disruptions of certain components of BS-VI vehicles to hit sales volume by around 12,000 units in March.

GMR Infrastructure: Promoter group has acquired 38 lakh shares via open market on March 2.

TIPS Industries: CARE Ratings has revised ratings on the company’s long-term bank facility as ‘CARE BBB’ from ‘CARE BBB-‘.

Bhagyanagar India: CARE Ratings has revised ratings on the company’s long-term bank facilities as ‘CARE BBB’ with a stable outlook.

Allsec Technologies: ICRA has withdrawn ratings on the company’s long-term and short-term instruments worth Rs 11 crore.

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Here’s a look at buzzing stocks for trade on March 04

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The Indian markets are likely to open on a cautious note following losses in global peers on escalating worries over the economic impact of coronavirus outbreak that prompted the US Federal Reserve to announce an emergency rate cut. Here are today’s top buzzing stocks:

Bharti Airtel: The company has paid Rs 1,950 crore to the government towards deferred spectrum dues.

Tata Teleservices (Maharashtra): Tata Teleservices and Tata Teleservices (Maharashtra) have made an on-account payment of an additional Rs 2,000 crores to the DoT on March 2 “in good faith”.

Vodafone Idea: The company has paid about Rs 3,043 crore to the telecom department towards deferred spectrum dues.

Infosys: The company has received an order from K+S AG to set up hybrid cloud data centers.

Newgen Software: The company has received a patent for mark detection system and methodology from the US Patent Office.

PNB Housing Finance: The board has approved raising equity capital up to Rs 1,700 crore through a qualified institutional placement.

NBCC India: The NCLT has approved the company’s bid for Jaypee Infratech.

Hindustan Aeronautics Ltd: The company has received the International Court of Arbitration notice on request for arbitration from RUAG Aerospace.

Kolte Patil Developers: The NCLT has approved a scheme of merger by absorption of Bellflower Properties with the company.

Raymond: The NCLT has approved scheme of arrangements between associate companies.

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Here’s a look at buzzing stocks for trade on March 03

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Indian markets are likely to open higher tracking gains in global markets on hopes of actions from central banks to tackle the economic impact of the coronavirus outbreak.

Hero MotoCorp reported 19.3 percent fall in February sales to 4.98 lakh units, domestic sales declined 20 percent and exports rose 8.7 percent, YoY.

Infosys said that it paid compounding fees of Rs 6 lakh for alleged offences pertaining to matters relating to severance agreement executed with former CFO in October 2015.

Mahindra World City, a subsidiary of Mahindra Lifespace Developers received nod for partial de-notification of the notified area under SEZ.

Newgen Software secured a patent for system and method for Automatic Quality Assessment of Digital Documents.

Parag Milk Foods said it will release entire pledged shares from Kotak Mahindra Investments within 90 days.

Torrent Power said that the Maharashtra State Electricity Distribution Company Ltd handed over the Shil, Mumbra & Kalwa area and its operations to the company on March 1 based on the Letter of Intent and Distribution franchisee agreement entered into earlier.

The Committee of Creditors of KSK Energy passed a resolution through e-voting to proceed for liquidation of the company.

CRISIL reaffirmed Ramco Industries’ A1+ rating on the company’s commercial paper.

Ingersoll Rand completed the merger of its Industrial Segment with Gardner Denver Holdings, Inc (GDH).

The promoter of RITES Ltd exercised the Oversubscription option to the extent of 1.34 crore shares and sold 1.31 crore shares to non-retail investors on the basis of the valid bids.

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Here’s a look at buzzing stocks for trade on November 26

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The Indian market is set to open in the green on Tuesday, following global markets that surged as trade talks between the US and China gained momentum. The Sensex ended at a record high on Monday while the Nifty50 is only 30 points away from its lifetime high. At 6:57 am, the SGX Nifty was trading 17.50 points or 0.14 percent higher at 12,124.50, indicating a positive start for the Sensex and Nifty50. Among the stocks in the news today, Ashok Leyland entered into a strategic financing partnership with ICICI Bank while Subhash Chandra resigned as chairman of ZEEL. Here are the stocks to watch out for:

RCom: The company has received at least four bids to acquire its various assets under the IBC, sources told CNBC-TV18.

Zee Entertainment Enterprises: Subhash Chandra has resigned as board chairman of Zee Entertainment with immediate effect.

IndiGo: DGCA has asked IndiGo to ground an A320neo with unmodified engines for each new A320neo that it inducts.

DHFL: DHFL has a total loan portfolio of Rs 95,615 crore, Lok Sabha was informed on Monday.

Ashok Leyland/ICICI Bank: The two companies have signed a MoU to enter into a strategic financing partnership for two years.

Goodyear India: The company’s Ballabgarh plant in Haryana will remain closed from Nov 25 to Nov 30.

Aarti Industries: The firm has incorporated two wholly-owned subsidiaries — Aarti Organics and Aarti Bharuch.

Setco Automotive: CARE has revised credit rating of long-term bank facilities to B from BB with a negative outlook.

Thomas Cook (India): CRISIL has reaffirmed long-term rating of bank loan facilities at AA- with a stable outlook.

Ujaas Energy: CRISIL has downgraded the company’s long-term rating to BB with a negative outlook from BB+ with a stable outlook.

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Here’s a look at buzzing stocks for trade on November 4

Indian shares are likely to open higher on Monday following gains in the global markets over progress in the US-China trade talks. Asian shares rose to 14-week highs after the United States and China said on Friday that they had made progress in talks aimed at defusing their protracted 16-month-long trade war, reported Reuters. Meanwhile, Prime Minister Narendra Modi said that the government is further improving the tax regime. At 7:00 am, the SGX Nifty was trading 26.5 points or 0.22 percent higher at 11,964, indicating a positive start for the Sensex and the Nifty.
Here are the top buzzing stocks for trade today: 

SpiceJet promoter and chief Ajay Singh pledges around 2.78 percent shares towards securing a credit facility for the airline.

Russia’s VTB Capital ropes in JP Morgan and Citi Research to sell pledged shares of Zee Entertainment.

Thomas Cook India says the sale of Thomas Cook Global brand to Fosun of China does not include regions of India, Sri Lanka and Mauritius.

Singapore-based DBS Bank may acquire a 51 percent stake in Yes Bank, according to reports.

Indiabulls Real Estate sells its property in London to a promoter group firm for about Rs 1,830 crore.

Jindal Steel and Power’s rail mill at Raigarh is expected to reach its 100 percent capacity utilisation by the end of FY20, says MD V R Sharma.

DHFL says it stopped payment to its creditors following the direction of Bombay High Court.

Unichem Labs says its Q2 net loss narrows to Rs 22.2 crore.

Escorts reports a Q2 net profit of Rs 101.5 crore, compared to Rs 101.2 crore last year.

Manappuram Finance says its board of directors will meet next week to consider raising Rs 200 crore via issue of securities