stock to watch – Page 3

August 25, 2021August 25, 2021

Here’s a look at buzzing stocks for trade on August 25

The Indian equity benchmark indices are likely to open higher Wednesday as the trend on SGX Nifty indicates a strong start for the broader index in India amid positive global cues. Here are the top 10 buzzing stocks for today:

1. Wipro: The company has been awarded a strategic multi-year contract with E.ON for the digital transformation of their corporate business functions. Also, Wipro will open a new delivery centre in Sherwood, Arkansas.

2. ICICI Bank: The Reserve Bank of India has approved the re-appointment of Sandeep Bakhshi as the managing director and chief executive officer of the bank.

3. Bharti Airtel: The Supreme Court directed the Department of Telecommunication (DoT) not to invoke the bank guarantees of Bharti Airtel for three weeks for recovering Rs 1,376 crore in AGR-related dues of Videocon Telecom Ltd which had sold its spectrum to the Bharti group.

Bharti Airtel: The Supreme Court has restrained the DoT from encashing Bharti Airtel’s bank guarantees for three weeks for recovering AGR-related dues of Videocon Telecom.

4. HDFC Bank: The bank has divested over 2 percent stake in Central Depository Services (India) Ltd (CDSL) in tranches during June-August this year, garnering nearly Rs 223 crore from the sale.

5. Tata Steel: Brickwork Ratings has upgraded the ratings for the unsecured NCDs/Bond issues aggregating Rs 4,000 crore of the company to BWR AA+/Stable from BWR AA/Stable.

6. IndusInd Bank: India Ratings has assigned the bank’s Tier II Bonds rating at ‘IND AA+’/Stable.

7. Godrej Industries: The company’s subsidiary Pyxis Holdings has acquired a majority stake in group firms Godrej Housing Finance Ltd (GHFL) and Ensemble Holdings and Finance Ltd.

8. Canara Bank: Ace investor Rakesh Jhunjhunwala has acquired a 1.59 percent stake in the bank.

9. PFC, NHPC: PFC has signed an MoU with NHPC to lend funds for the development of Hydro Projects by NHPC. PFC will also provide financial assistance for the acquisition of stressed projects.

10. Prestige Estates Projects: The company through its wholly-owned subsidiary Prestige Office Ventures has acquired a 70 percent stake in Shipco Infrastructure Pvt Ltd for Rs 22.68 crore to create logistics and warehousing space.

August 24, 2021August 24, 2021

Here’s a look at buzzing stocks for trade on August 24

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The Indian equity benchmark indices, Sensex and Nifty are likely to open higher amid positive global cues. Here are the top 10 buzzing stocks for today:

1. Listings: Aptus Value Housing Finance and Chemplast Sanmar will list their equity shares on exchanges today.

2. Maruti Suzuki: The Competition Commission of India (CCI) has imposed a penalty of Rs 200 crore on the company for restricting discounts offered by its dealers.

3. Eicher Motors: Siddhartha Lal has been reappointed as managing director of the company with effect from May 1, 2021.

4. Bharti Airtel: The Supreme Court today will hear a fresh plea by the company against payment of defunct telecom company Videocon Telecommunications Ltd’s adjusted gross revenue (AGR) dues.

5. Vedanta: The company has made a natural gas discovery in a block in Gujarat that it had won in the open acreage licensing policy (OALP) round.

6. Canara Bank: The bank has closed its QIP, garnering a total of Rs 2,500 crore equity capital in the issue.

7. Indian Hotels Company: The company’s board has approved raising of up to Rs 3,000 crore through a rights issue.

8. Balrampur Chini Mills: The company has bought back 6.76 lakh shares from eligible shareholders for an amount of about Rs 24.10 crore at an average price of Rs 356.34 per share.

9. Punjab & Sind Bank: The bank has set off accumulated losses of over Rs 3,577 crore against the share premium account of the bank.

10. KPI Global: The company has successfully commissioned a new capacity of 5.44 MW (DC) in its existing solar power plant at Village-Sudi & Tancha, Ta-Amod, District- Bharuch.

August 23, 2021August 23, 2021

Here’s a look at buzzing stocks for trade on August 23

The Indian equity benchmark indices, Sensex and Nifty opened higher Monday tracking gains in global peers. Here are the top 10 buzzing stocks for today:

1. Nuvoco Vistas Corporation: The country’s fifth-largest cement maker Nuvoco Vistas Corporation will list its equity shares today. The company’s public issue received 1.71 times subscription during August 9-11.

2. Infosys: Finance Minister Nirmala Sitharaman has summoned Infosys MD & CEO Salil Parekh to explain tech glitches in the new income tax e-filing portal developed by the company.

3. Adani Enterprises: Sebi held the initial public offering (IPO) of Adani Wilmar due to an investigation against Adani Enterprises.

4. HDFC Bank: The bank has executed agreements to acquire 5.2 percent in fintech start-up Mintoak Innovations for Rs 10.27 crore.

5. Cadila Healthcare: Zydus Cadila has received the Emergency Use Authorization (EUA) from the Drug Controller General of India (DCGI) for ZyCoV-D, the world’s first Plasmid DNA vaccine for Covid-19.

6. Aurobindo Pharma: The company said its Rs 450-crore deal to acquire a 51 percent stake in Cronus Pharma Specialities India Pvt Ltd has been cancelled.

7. GAIL India: The company will foray into ethanol and hydrogen production and is also looking to expand its presence in the petrochemicals segment.

8. Adani Total Gas: The company has acquired a 50 percent stake in Smartmeters Technologies, a manufacturer of gas meters, for Rs 1 crore.

9. Ujjivan Financial Services: The company’s Independent Director Rajesh Jogi has resigned from the board effective August 22.

10. Arvind Fashions: The company raised Rs 439 crore from marquee investors including promoters at a price of Rs 218.50 per equity share.

August 20, 2021August 20, 2021

Here’s a look at buzzing stocks for trade on August 20

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The Indian market is likely to see a gap-down opening on Friday as the SGX Nifty was down more than 200 points at around 16,335 versus Nifty Futures’ Wednesday close of 16,572.30. Here are the top 10 buzzing stocks for today:

1. CarTrade Tech: The company will list its equity shares on August 20. The final price has been fixed at Rs 1,618 per share.

2. HDFC Bank: The bank has raised $1 billion by the issuance of Additional Tier 1 bonds in the overseas markets. The AT1 bonds were dollar-denominated, Basel III compliant and priced at 3.70 percent, 42.5 basis points lower than the initial price guidance, it said.

HDFC Bank: The bank has raised $1 billion by the issuance of Additional Tier 1 bonds.

3. Zomato: The company acquired 9.16 percent shareholding in Grofers India for Rs 518.21 crore and 8.94 percent shareholding in Hands-on Trades for Rs 222.83 crore.

4. InterGlobe Aviation: IndiGo has resumed flight services to the United Arab Emirates (UAE).

5. Vodafone Idea: The company has paid the payable license fee dues for Q1FY22.

6. Ujjivan Small Finance Bank: The bank’s Managing Director and CEO Nitin Chugh has tendered his resignation from his position citing personal reasons w.e.f. close of business hours on September 30, 2021.

7. Tata Elxsi: The company has partnered with DStv Media Sales, to consult and collaboratively build a vision for DStv Media Sales (DMS) that addresses current challenges while also positioning DMS for future growth.

Tata Elxsi: The company has partnered with DStv for the digital transformation of AdMedia Sales.

8. Indian Bank: SL Jain, currently ED at Bank of Baroda has been appointed as the new MD & CEO of Indian Bank for 3 years.

9. Aavas Financiers: Partners Group ESCL Ltd, Partners Group Private Equity (Master Fund) LLC to sell 22.72 lakh shares of the company at a floor price of Rs 2,450 per share via a block deal.

10. Prime Focus: Novator Capital Advisers, LLP has invested $250 million in subsidiaries of Prime Focus, and personal holdings of its founder Namit Malhotra.

August 18, 2021August 18, 2021

Here’s a look at buzzing stocks for trade on August 18

The Indian market is likely to open flat Wednesday amid mixed global cues. Here are the top 10 buzzing stocks for today:

1. HDFC Bank: The Reserve Bank of India (RBI) has partially lifted the ban on the bank, allowing it to start sourcing new credit cards, sources told CNBC-TV18.

2. HCL Technologies: The company won a five-year IT transformation deal with Wacker Chemie AG, a German multinational chemical company, to establish a modernized digital workplace and improve its quality-of-service delivery.

3. Cadila Healthcare: Zydus Cadila has received tentative approval from the USFDA to market Lenalidomide Capsules used to treat various types of cancers.

4. Canara Bank: The bank has launched the Qualified Institutions Placement (QIP) of equity shares to raise funds up to Rs 2,500 crore at a floor price of Rs 155.58 per equity share.

5. Asian Paints: The company has raised product prices to pass on higher input costs.

6. Bharat Dynamics: The company and MBDA signed an agreement to establish an advanced short-range air-to-air missile facility in India.

7. ISGEC Heavy Engineering: The company has bagged an order for two gas-fired boilers from Naval Project, Indian Navy. The scope of work includes manufacturing of two 40 TPH Boilers on a turnkey basis.

8. Dilip Buildcon: The company’s subsidiary Dhrol Bhadra Highways Pvt Ltd has received the financial closure letter for Rs 880-crore road project from the National Highways Authority of India.

9. Kaveri Seed Company: The company’s board will meet on August 25 to consider share buyback.

10. DCM Shriram Industries: The company has entered into an agreement with Zyrone Dynamics Havacilik Danismanlik Ve Ar-Ge San. Tic. A.S. for manufacturing and marketing of UAVs of different types.

August 17, 2021August 17, 2021

Here’s a look at buzzing stocks for trade on August 17

The Indian market is likely to open flat Tuesday amid mixed global cues. Here are the top 10 buzzing stocks for today:

1. Infosys: The company will make an additional investment of $0.45 million in TidalScale Inc, taking its total investment in the software-defined-server technology startup to $3.45 million.

2. Hero MotoCorp: The company said it retailed over one lakh units on a single day on August 9, its 10th anniversary.

3. Adani Enterprises, Sadbhav Infrastructure Project: Adani Road Transport Ltd (ARTL), a wholly-owned subsidiary of Adani Enterprises will acquire a 49 percent stake of Maharashtra Border Check Post Network Ltd (MBCPNL), a subsidiary of Sadbhav Infrastructure Project, at an Enterprise Value of Rs 1,680 crore.

Adani Enterprises, Sadbhav Infrastructure: Adani Enterprises’ subsidiary will acquire a 49 percent stake in MBCPNL, a subsidiary of Sadbhav Infrastructure for Rs 1,680 crore.

4. Lupin: The company received tentative approval from USFDA for Brivaracetam tablets, which are indicated for the treatment of partial-onset seizures in patients four years of age and older.

5. Suven Life Sciences: The company has announced Phase 3 clinical trial of SUVN-502 (Masupirdine), a 5-HT6 antagonist for the treatment of agitation and aggression in Alzheimer’s type dementias.

6. Coal India: The company will buy new equipment worth over Rs 9,000 crore in FY22.

7. Indiabulls Real Estate: The company has filed an application with NCLT for a merger with Embassy Group entities.

8. Aarti Industries: The company’s board will meet on August 19 to consider the demerger of the pharma business and allied activities into a separate entity.

9. Escorts: The company has announced a leadership transition, including the elevation of Bharat Madan as President Finance, Group Chief Financial Officer and Corporate Head.

10. Star Paper Mills: The company announced the resignation of Sandeep Rastogi as CFO with a notice period of 3 months.

August 16, 2021August 16, 2021

Here’s a look at buzzing stocks for trade on August 16

The Indian equity market is likely to open on a subdued note Monday following a muted trend in the Asian peers. Here are the top 10 buzzing stocks for today:

1. Listings: The equity shares of Devyani International, Krsnaa Diagnostics, Windlas Biotech and Exxaro Tiles will be listed on the bourses today.

2. ONGC: The company’s Q1FY22 net profit fell to Rs 4,334.8 crore from Rs 6,734 crore, while revenue rose to Rs 23,021.6 crore from Rs 21,189 crore, QoQ.

3. NTPC: The company has invited global EOI to set up a pilot project on hydrogen blending with natural gas in city gas distribution.

4. Petronet LNG: The company reported a higher net profit at Rs 635.6 crore in Q1FY22 against Rs 623 crore in Q4FY21. Revenue rose to Rs 8,598 crore from Rs 7,575 crore, QoQ.

5. Vodafone Idea: The company’s Q1FY22 consolidated loss fell to Rs 7,319 crore from Rs 25,460 crore and revenue declined 14 percent to Rs 9,152.3 crore from Rs 10,659.3 crore, YoY.

6. Indraprastha Gas: The company’s Q1FY22 net profit fell 26.2 percent to Rs 244.3 crore from Rs 331 crore and revenue declined 18.9 percent to Rs 1,257.4 crore from Rs 1,550.6 crore, QoQ.

7. Glenmark Pharma: The company’s Q1FY22 net profit jumped to Rs 306.5 crore from Rs 254 crore and revenue increased to Rs 2,965 crore from Rs 2,344.8 crore, YoY.

8. Burger King India: The company’s net loss in Q1FY22 fell to Rs 44.3 crore from Rs 80.4 crore, while revenue jumped to Rs 149.7 crore from Rs 38.5 crore, YoY.

9. IRB Infrastructure Developers: CG Tollway Ltd (SPV) has achieved full commercial operation date (COD) for Chittorgarh-Gulabpura six-laning highway project in Rajasthan.

10. Apollo Hospitals Enterprises: The company posted a net profit of Rs 500.68 crore in Q1FY22 against a loss of Rs 226.24 crore in Q1FY21. Revenue rose to Rs 3,760.2 crore from Rs 2,171.5 crore, YoY.

August 13, 2021August 13, 2021

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

The Indian market is likely to open flat Friday amid mixed global cues. The trends on SGX Nifty also indicate a flat astart for the broader index in India. Here are the top 10 buzzing stocks for today:

1. Aviation Stocks: The civil aviation ministry has hiked the maximum and minimum limit on domestic airfares by 12.5 percent and allowed airlines to deploy up to 72.5 percent capacity as against 65 percent earlier, sources said.

2. Tata Steel: The company posted a net profit of Rs 9,768.3 crore in Q1FY22 versus a loss of Rs 4,648.1 crore in Q1FY21. Revenue jumped to Rs 53,371.8 crore from Rs 25,474.5 crore, YoY.

3. Hero MotoCorp: The company’s Q1FY22 net profit jumped to Rs 365.4 crore from Rs 61.3 crore and revenue was rose 84.7 percent to Rs 5,487 crore from Rs 2,971.5 crore, YoY.

4. Ashok Leyland: The company’s net loss in Q1FY22 narrowed to Rs 282.3 crore from Rs 388 crore, YoY, while revenue rose to Rs 2,951 crore from Rs 650.9 crore, YoY.

5. Eicher Motors: The company reported a net profit of Rs 237.1 crore in Q1FY22 versus a loss of Rs 55.2 crore, YoY. Revenue rose to 1,974.3 crore from Rs 818.2 crore, YoY. The company said that Royal Enfield CEO Vinod Dasari has resigned w.e.f August 13. Dasari would be succeeded by B Govindarajan, who has been the chief operating officer of Royal Enfield since 2013.

6. Aurobindo Pharma: The company’s Q1FY22 net profit fell 1.7 percent to Rs 770 crore from Rs 783.2 crore and revenue declined 3.8 percent to Rs 5,702 crore from Rs 5,924.8 crore, YoY.

7. Tata Power Company: Subsidiary Tata Power Solar Systems has been awarded a project worth Rs 386 crore to build a solar PV plant with 50MWh Battery Energy Storage System (BESS) in Leh, Ladakh.

8. Ujjivan Small Finance Bank: The bank’s additional independent director Harish Devarajan resigned with immediate effect due to personal reasons.

9. Dish TV India: The company’s Q1FY22 consolidated net profit fell 34.07 percent to Rs 49.14 crore from Rs 74.54 crore, while revenue declined 12.51 percent to Rs 730.97 crore from Rs 835.58 crore, YoY.

10. Minda Corporation: The company reported a net profit from continued operations at Rs 7.1 crore in Q1FY22 against a loss of Rs 36.3 crore, YoY. Operating revenue jumped to Rs 558.6 from Rs 178 crore, YoY.

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

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

Listen to the Article (6 Minutes)

Summary

The Indian market is likely to open flat Thursday as the trend on SGX Nifty indicates a flat start for the broader index in India. The Nifty futures were trading 29.00 points or 0.18 percent higher at the 16,323.00 level on the Singaporean Exchange at 8:15 am.

Here are the top 10 buzzing stocks for today:

1. Power Grid Corporation of India: The company’s board has approved to infuse of fresh equity up to Rs 425 crore in Energy Efficiency Services (EESL), a joint venture company of PowerGrid, NTPC, PFC and REC.

2. Zomato: The company’s step-down subsidiary Zomato Inc has divested its stake in Nextable Inc for $100,000.

3. Bata India: The company’s Q1FY22 net loss narrowed to Rs 69.47 crore from Rs 100.9 crore in Q1FY21, while revenue jumped to Rs 267 crore from Rs 135.1 crore, YoY.

4. Cummins India: The company’s Q1FY22 consolidated net profit jumped to Rs 247 crore from Rs 53 crore and revenue rose to Rs 1,195 crore from Rs 503 crore, YoY.

5. Force Motors: The company reported narrowing of Q1FY22 consolidated net loss to Rs 4.36 crore from Rs 64.99 crore, YoY. Revenue stood at Rs 643.33 crore versus Rs 186.40 crore, YoY.

6. VA Tech Wabag: The company posted a sharply higher net profit of Rs 14.6 crore in Q1FY22 versus Rs 5 crore in Q1FY21. Revenue was up 53 percent at Rs 658 crore from Rs 431 crore, YoY.

7. HeidelbergCement India: The company will acquire 36.36 lakh equity shares of Lalganj Power for Rs 4.8 crore in order to procure around 22 Gigawatt hours per annum of solar power under captive arrangement for operating its plant located at Madora, Uttar Pradesh.

8. Aster DM Healthcare: The company reported a Q1FY22 net profit of Rs 44.47 crore as against a loss of Rs 82.93 crore in Q1FY21. Revenue rose 36 percent to Rs 2,371.6 crore from Rs 1,747.17 crore, YoY.

9. CreditAccess Grameen: The company’s Q1FY22 net profit fell 72.2 percent to Rs 20.3 crore from Rs 73 crore, while net interest income (NII) declined 8 percent to Rs 338.1 crore from Rs 367.6 crore, YoY.

10. MAS Financial Services: The company reported a higher standalone profit at Rs 36.82 crore in Q1FY22 against Rs 36.59 crore in Q1FY21. Revenue fell to Rs 147.73 crore from Rs 160.35 crore, YoY.

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today's market

Global Top Gainers Top Loosers nifty sensex

index	Price	Change
nifty 50	₹16,986.00	-72.15
sensex	₹1,882.60	+28.30
nifty IT	₹2,206.80	+30.85
nifty bank	₹1,318.95	-14.95

index	Price	Change
nifty 50	₹16,986.00	-7.15
sensex	₹1,882.60	+8.30
nifty IT	₹2,206.80	+3.85
nifty bank	₹1,318.95	-1.95

index	Price	Change
nifty 50	₹16,986.00	-72.15
sensex	₹1,882.60	+28.30
nifty IT	₹2,206.80	+30.85
nifty bank	₹1,318.95	-14.95

index	Price	Change
nifty 50	₹16,986.00	-7.15
sensex	₹1,882.60	+8.30
nifty IT	₹2,206.80	+3.85
nifty bank	₹1,318.95	-1.95

index	Price	Change
nifty 50	₹16,986.00	-7.15
sensex	₹1,882.60	+8.30
nifty IT	₹2,206.80	+3.85
nifty bank	₹1,318.95	-1.95

Currency

Company	Price	Chng	%Chng
Dollar-Rupee	73.3500	0.0000	0.00
Euro-Rupee	89.0980	0.0100	0.01
Pound-Rupee	103.6360	-0.0750	-0.07
Rupee-100 Yen	0.6734	-0.0003	-0.05

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August 11, 2021August 11, 2021

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

The Indian market is likely to open flat Wednesday as the trend on SGX Nifty indicates a flat start for the broader index in India.

Here are the top 10 buzzing stocks for today:

1. Lupin: The company’s consolidated net profit in Q1FY22 rose to Rs 542.46 crore from Rs 106.9 crore, while revenue increased 21 percent to Rs 4,270.19 crore from Rs 3,527.6 crore, YoY.

2. Power Grid Corporation: The company’s Q1FY22 net profit jumped to Rs 5,998.3 crore from Rs 2,048.4 crore and revenue rose 8 percent to Rs 10,216.5 crore from Rs 9,457.4 crore, YoY.

3. Zomato: The company’s net loss in Q1FY22 widened to Rs 356.2 crore from Rs 99.8 crore, YoY. Net loss in the quarter ended March 2021 was Rs 130.8 crore. Revenue jumped to Rs 844.4 crore from Rs 266 crore, YoY.

4. Yes Bank: The bank has appointed Mahesh Ramamoorthy as Chief Information Officer.

5. GMR Infrastructure: The company’s board will meet on August 13 to consider raising funds of up to Rs 6,000 crore in one or more tranches via the issue of securities including a QIP and/or Foreign Currency Convertible Bonds.

6. Siemens: The company’s standalone net profit in the June quarter saw a multifold jump to Rs 162 crore from Rs 10 crore, YoY. Revenue from continuing operations rose to Rs 2,658 crore from Rs 1,149 crore, YoY. New orders from continuing operations stood at Rs 4,341 crore against Rs 1,767 crore a year ago.

7. RattanIndia Enterprises: The company has ventured into the fast-growing drone industry, and will make a strategic investment in the US-based urban drone logistics platform Matternet.

8. Trent: The company posted Q1FY22 consolidated net loss at Rs 138.29 crore versus a loss of Rs 184.04 crore, while consolidated revenue rose 98 percent to Rs 491.9 crore from Rs 248.4 crore, YoY. The company’s board approved the re-appointment of P Venkatesalu as Executive Director and Chief Executive Officer for a term of three years with effect from October 6, 2021.

9. Galaxy Surfactants: The company reported a 36 percent YoY jump in Q1FY22 net profit at Rs 76.8 crore and revenue growth of 36.7 percent YoY at Rs 830.9 crore.

10. Insecticides India: The company’s Q1FY22 consolidated net profit rose 43.5 percent to Rs 34.96 crore from Rs 24.36 crore and revenue increased 14.3 percent to Rs 468.26 crore from Rs 409.59 crore, YoY.

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