Tag: Buzzing Stocks

Over 300 stocks in BSE500 outperformed Sensex in the last 1 month; Suzlon Energy, Manpasand Beverages surge 50%

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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More than 300 stocks in the BSE500 index have outperformed the benchmark Sensex in the last one month. Suzlon Energy, Manpasand Beverages, CG Power, Dilip Buildicon and Sadbhav Engineering have gained over 50 percent in the last one month as compared to a 7.5 percent rise in the Sensex. The BSE500 index has risen over 8 percent during this period.

Repco Home Finance, Finolex Cables, Indiabulls Wholesale, Bombay Dyeing, Tejas Networks, Adani Power, Allahabad Bank, Mahindra Holidays, Jindal Stainless, Indiabulls Realty, SunTeck Realty, Edelweiss Financial Services, Aditya Birla Capital, Justdial, Godfrey Philips and KNR Constructions beat the market by recording positive returns in the range of 30-45 percent in the last one month.

Suzlon Energy, the top gainer in the pack, has rallied 95 percent in the past one month. The surge in the stock came post speculation that Danish firm Vestas Wind Systems A/S may buy a controlling stake in the company to gain a stronger foothold in India.

The stock had hit a record low of Rs 2.70 on February 5, plunging 43 percent in intra-day trade on debt default rumors. However, the company later clarified that none of the shares of the promoters held in the company have been invoked.

Manpasand Beverages surged 59 percent to Rs 122 in the past one month. The stock has rallied 112 percent from its 52-week low of Rs 58 hit on February 6.

In the December quarter, the company had reported a 14.25 percent rise in its revenue at Rs 164 crore, against Rs 143.13 crore in the corresponding quarter of the previous year. EBITDA for the same quarter jumped 37 percent to Rs 37 crore, against Rs 27 crore in the year-ago period.

CG Power and Industrial Solutions surged 53 percent in the past month. The rise came on reports that Avantha Group may lose control of the company after the company defaulted on payments and KKR, Yes Bank and BOI AXA may take control. The stock has surged 118 percent from its 52-week low of Rs 21.40 hit on February 14, 2019.

Dilip Buildcon also rose 53 percent on the BSE in the given period. It has bounced back over 130 percent from its 52-week low of Rs 312 hit on February 5, on improved financial performance and order wins from NHAI

The firm was declared as the lowest bidder for engineering, procurement and construction project by NHAI in Maharashtra worth Rs 480.06 crore.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Here are the top 10 stocks to watch out for today

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

Listen to the Article (6 Minutes)

Global markets remain in the red as trade war fears persist. Amid the uncertainty of the trade war and in the businesses, CNBC-TV18 suggests you keep a close eye on these top ten stocks today.

Stocks to watch out for-

Titan: The company’s jewellery business saw a mid-teens retail growth in the fourth quarter and its watches division saw a good growth.

NLC: The financial year 2017-18 seemed lucky for the company as it recorded all-time high numbers and it plans to commission 1,000 MW capacity projects by July.

NMDC: The financial year production  2018-18 production is up by 4.3% for this firm at 35.5 metric tonnes and the sales are up  1.3% at 36.1 metric tonnes, on a year-on-year basis.

Tata Chemicals: The firm is set to acquire Silica for Rs 123 crore.

Indiabulls Real Estate: The firm is to acquire a constructed commercial building in Gurugram, Haryana.

UltraTech: Binani Industries is likely to move the Supreme Court against the NCLAT order which the apex court will take up today.

Steel companies: The domestic prices remain firm. The EBITDA per tonne may expand.

ICICI Bank: The ICICI Board directors are likely to meet this week to discuss the future of Chanda Kochhar, Managing Director and CEO of the bank.

Shriram Transport: Market analysts are expecting a strong growth for the company in the next six-nine months.

Max India: The firm is in talks to buy 47.5% stake in Max Health.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Closing Bell: Benchmark indices drag, Midcaps outperform Sensex

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

Listen to the Article (6 Minutes)

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Market Live: Sensex and Nifty in the red after touching day’s high

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

Listen to the Article (6 Minutes)

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow