Buzzing Stocks India NEWS. Stock Market NEWS Updated Daily

Buzzing Stocks India NEWS. Stock Market NEWS Updated Daily

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Buzzing Stocks India NEWS. Stock Market NEWS Updated Daily

MC Explains | Bandhan Bank#39;s loans worth Rs 23,300 crore are being probed. Here#39;s why

MC Explains | Bandhan Bank#39;s loans worth Rs 23,300 crore are being probed. Here#39;s why

The bank’s portfolio of loans under the government’s credit guarantee schemes is being reviewed to find window-dressing or evergreening
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

Railway PSU stocks in a free fall; IRCTC, RVNL biggest losers

Railway PSU stocks in a free fall; IRCTC, RVNL biggest losers

The bse psu index, which had gained over 12 percent ytd, fell 4 percent to close at 17,568 on february 12
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

PSU shares tumble: Rs 6.4 lakh crore wealth destroyed in past 3 sessions

PSU shares tumble: Rs 6.4 lakh crore wealth destroyed in past 3 sessions

After the sustained run in these stocks, analysts have been cautioning investors. while a section of the market continues to believe the re-rating in state-owned companies as a whole was very much warranted, some have turned skeptical.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

Gainers and Losers: 10 stocks that moved the most on February 12

Gainers and Losers: 10 stocks that moved the most on February 12

All major sectoral indices except it and pharma ended in the red. about 774 shares advanced, 2,648 declined and 58 remained unchanged
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

Dr Reddy#39;s ends 3% higher after US FDA clears Hyderabad facility with VAI tag

Dr Reddy#39;s ends 3% higher after US FDA clears Hyderabad facility with VAI tag

The usfda has classified the inspection as voluntary action indicated (vai) and concluded that the inspection is closed
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

Bandhan Bank slumps over 7% as weak asset quality in Q3 upsets Street; release of govt claims eyed

Bandhan Bank slumps over 7% as weak asset quality in Q3 upsets Street; release of govt claims eyed

Release of claims under government guarantees is key for driving bandhan bank#39;s net non performing loans (npls) to under 1 percent, say analysts at jpmorgan
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

Bharat Forge net profit surges over 220% YoY in Q3, stock down nearly 14%

Bharat Forge net profit surges over 220% YoY in Q3, stock down nearly 14%

Ebitda surged 30.9% to rs 645 crores, with ebitda margins expanding to 28.5%, a 330 bps increase fueled by a favorable product mix and cost optimization focus
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

Zomato surges 6% to new 52-week high; brokerages upbeat on Q3 result

Zomato surges 6% to new 52-week high; brokerages upbeat on Q3 result

Zomato has rallied more than 200 percent in the past year, outperforming the nifty, which has risen 21 percent during the period
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

PB Fintech gains 2% after Jefferies initiates coverage with #39;buy#39; call

Jefferies also expects a 30 percent compounded annual growth rate (cagr) over fy25-27
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

Bandhan Bank sheds 7% as Rs 23,300-cr loans go under evergreening review

As per the document accessed by moneycontrol, the auditor will perform data analytics on the portfolio to identify evergreening of loans
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

SpiceJet flies 4% lower in trade after reports of job-cut plans

Spicejet plans to take more cost-saving measures in the coming months.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

EaseMyTrip to set up a 5-star hotel in Ayodhya; shares fall 7% from day’s high

Easemytrip will establish a new 5-star hotel in ayodhya, near the ram mandir temple.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

EaseMyTrip to set up a 5-star hotel in Ayodhya; shares fall 7% from day’s high

Easemytrip will establish a new 5-star hotel in ayodhya, near the ram mandir temple.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

Aurobindo Pharma surges 3% as investors cheer strong Q3 earnings

Aurobindo pharma#39;s q3 net profit soared 91 percent on year and revenue jumped 15 percent
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

Shree Renuka Sugars trade 3% lower after Rs 172.3-crore loss in Q3

Shree renuka#39;s revenue from operations grew by 18.1 percent yoy to rs 3,014 crore for the quarter.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

Buzzing Stocks: Paytm, Tata Power, ONGC, Tata Power, IRFC, Bandhan Bank, others in news

Stocks to watch: check out the companies making headlines before the opening bell today, on february 12, 2024.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

Bulk deals: Quant MF buys Rs 183 cr stake in Apeejay Surrendra Park Hotels

Quant small cap fund picked up 93,20,000 shares or a 4.37 percent stake at an average price of rs 196.33
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

PSU stocks#39; slump erodes Rs 3.8 lakh cr of govt wealth, hits retail investors too

This profit-taking is a healthy sign for the market, reflecting discomfort with overvalued stocks. the recent sharp gains in certain stocks led to substantial corrections in the last few sessions
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-12

Analyst Call Tracker: Why some analysts are sceptical about Power Grid despite the stock rally

In a post earnings report, clsa gave the stock an ‘outperform’ rating and raised the target price to rs 285. it said that the key message from the result was that it has gained market share in new bids in a much bigger market
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

Gainers and Losers: 10 stocks that moved the most on February 9

Among sectors, banking, healthcare and fmcg were the top gainers, while remaining sectoral indices ended in the red
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

Quess shares fall on allegation of being used by co-promoter Prem-Watsa owned Fairfax Financial to manipulate profit

Prem watsa, known as the warren buffett of canada, is the founder of fairfax financial holdings. fairfax has been increasing stakes in indian companies, prominent among them apart from quess corp are thomas cook and bangalore international airport.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

Torrent Power trades 2% lower as Q3 net profit plunges 47%

The q3fy24 net profit was impacted by lower topline and dismal operating numbers with higher fuel cost.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

Brokers hike margins on BNPL facility; Paytm, Zee meltdown, polls cited as key reasons

Over the past week, iifl securities, icici direct, angel one, 5paisa and samco securities have all increased margins on their margin trading facility, said market participants. mtf is an arrangement whereby investors borrow funds from brokers to purchase s
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

Yes Bank up 5%, analysts say a break above Rs 33 will trigger next up move

Analysts says a decisive breach of the 33-mark can trigger a second round of upward movement, potentially pushing the stock above rs 40 in the medium term
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

BSE MidCap, SmallCap crash 2% on profit-booking as Fed, RBI hold rates

Recent market decline follows hawkish policies from the reserve bank of india and the us fed, both refraining from rate cuts. top economists and central bankers anticipate prolonged higher interest rates.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

IndiGo, SpiceJet shares fall on proposal to cap airfares

A parliamentary panel has proposed route-specific capping of airfare and a separate entity to regulate and control air ticket prices
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

Airtel, VI stocks fall, Reliance shares gain; Cabinet OKs spectrum auction at Rs 96,000 cr base price

Airtel needs to renew spectrum worth rs 4,200 crore this year. airtel bought spectrum in the last auctions, for which liabilities were due in annual installments from 2026-27 to 2031-32.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

CG Power inks semiconductor testing facility deal with Japanese, Thai companies

Cg has inked technology and services, offtake and manufacturing agreements with renesas electronics corporation, japan, and a technology know-how sharing and technical support agreement with stars.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

Biocon shares rise 2% after turning profitable in Q3

The company#39;s revenue from operations increased by 34.4 percent to rs 3,953.7 crore
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

Patanjali Foods stock tanks 5% after Q3 net profit tumbles

The fmcg and edible oil company#39;s ebitda also decreased by 6.5 percent to rs 344.1 crore
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

IRCTC up, signs MoU with Uttarakhand to operate tourists trains

The share touched a 52-week high of rs 1,049.75 on january 23, 2024 and and 52-week low of rs 557.15 on march 29, 2023.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

BHEL gains on winning Rs 5,500-crore order

The company#39;s board of directors will meet on february 13 to approve unaudited financial results for up to the quarter ended december 31, 2023
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

BHEL gains on winning Rs 5,500-crore order

The company#39;s board of directors will meet on february 13 to approve unaudited financial results for up to the quarter ended december 31, 2023
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

Buzzing Stocks: Hero Moto, Biocon, LIC, Patanjali, BHEL, Kalyan Jewellers, Paytm, others in news

Stocks to watch: check out the companies making headlines before the opening bell today, on february 9, 2024.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

Bulk deal: Bajaj Finance sells Rs 57 crore worth of shares in Strides Pharma

Bajaj finance sold 0.88 percent stake in strides pharma science and amansa holding bought 1.24 percent stake.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

Quess used by Prem-Watsa owned Fairfax Financial to manipulate profit: Activist investment firm Muddy Waters

Prem watsa, known as the warren buffett of canada, is the founder of fairfax financial holdings. fairfax has been increasing stakes in indian companies, prominent among them apart from quess corp are thomas cook and bangalore international airport.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-09

Slowdown in unsecured lending compounds problems for Paytm, will make business harder to come by

Rbi’s warnings on rising unsecured credit in the system and subsequent action increasing risk weights on such loans will make life harder for paytm, which is fighting to hold on to its wallet business and payments bank, believe experts
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

Gainers Losers: 10 stocks that moved the most on February 8

About 1,666 shares advanced, 2,176 declined and 103 were unchanged
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

Cummins India zooms 10% on highest-ever quarterly net profit, revenue

Cummins india reported its highest-ever quarterly consolidated net profit at rs 455 crore in q3fy24, up 26 percent from rs 360 crore profit reported in the year-ago quarter
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

ITC stock down 4% as BAT prepares to pare stake

Bat holds a 29.03 percent stake in itc, which is worth rs 1.5 lakh crore.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

CDSL channel breakout sparks optimism, stock surges 4%

On wednesday, cdsl#39;s total volume reached 59.68 lakh, surpassing the last 50-day average volume of 10.07 lakh. furthermore, the stock exhibited a substantial bullish candle on the breakout day, further reinforcing the strength of this upward movement.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

Yes Bank stock eases from day#39;s high as it denies reports of any potential stake sale by SBI

The bank clarified that it was involved in any negotiations with respect to the subject of the news
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

Yes Bank rallies 9% to 52-week high on reports of potential stake sale by SBI

India#39;s largest lender is likely to sell shares worth rs 5,000-7,000 crore via block deal, with no taxes applicable on sale, according to cnbc awaaz reports
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

Mid-day Mood | Sensex falls 700 pts after RBI policy, Nifty down nearly 1%; bank stocks drag

India vix, the fear gauge, remained elevated at 15, suggesting that consolidation is likely to persist in the near future
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

Paytm will continue to see sharp daily volatility; investors divided on ‘value’ in stock

As of december-end, domestic mutual funds held a 6.07 percent stake in paytm, while fpis held 63.72 percent. no big blocks have been reported on the exchanges except a rs 244 crore purchase by morgan stanley in a client account.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

GMR Power and Urban Infrastructure down 5%

Revenue from operations fell 38.2 percent yoy to rs 168.7 crore in the december quarter
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

Trent extends gains with 7% surge on positive Q3 show, brokerages raise target price

Brokerages are positive on trent due to the strong revenue productivity and aggressive store additions.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

LIC jumps 3% ahead of Q3 results as PSU insurers zoom up to 14%

Shares of life insurance corporation (lic) jumped over 3 percent to hit a fresh record high of rs 1,100 on nse ahead of its q3 earnings report later today.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

RBI MPC impact on auto stocks: Maruti Suzuki, MM, Tata Motors fall up to 2%

The nifty auto index has gained over 7 percent, so far, this year against a 1 percent rise in the benchmark nifty
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

Apollo Tyres falls after muted Q3 revenue

Morgan stanley has assigned an #39;equal-weight#39; call on the counter with a target price of rs 433
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

PowerGrid trades 5% higher after Q3 net profit rises 10%

The management declared a second interim dividend of rs 4.5 per equity share of rs 10 each (at 45 percent of the paid-up equity share capital) for the financial year 2023-24
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

Bulk deals: Kalyan Jewellers sees buying action, Madu Kela picks stake in Indiabulls Housing Finance

Kalyan jewellers india saw huge activity in bulk deals, while cohesion investments and madhusudan kela jv, cohesion mk best ideas sub-trust picked up rs 8.49 crore worth of shares in indiabulls housing finance.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

Buzzing Stocks: Zomato, Tata Consumer, Apollo Tyres, LIC, Mankind, PowerGrid, others in news

Stocks to watch: check out the companies making headlines before the opening bell today, on february 8, 2024.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

Buzzing Stocks: Zomato, Tata Consumer, Apollo Tyres, LIC, Mankind, PowerGrid, others in news

Stocks to watch: check out the companies making headlines before the opening bell today, on february 8, 2024.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-08

Gainers Losers: 10 stocks that moved the most on February 7

The sensex closed 34.09 points down at 72,152, while the nifty closed 1.1 points higher at 21,930.50. about 1,954 shares advanced, 1,314 declined and 63 were unchanged
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-07

Gainers Losers: 10 stocks that moved the most on February 7

The sensex closed 34.09 points down at 72,152, while the nifty closed 1.1 points higher at 21,930.50. about 1,954 shares advanced, 1,314 declined and 63 were unchanged
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-07

Trent shares surge 20% on upbeat Q3 show; net profit jumps 39%, revenue up 51%

Over the past six months, shares of trent have more than doubled investors’ wealth, jumping 105 percent. in comparison, the benchmark index nifty 50 has risen around 12 percent during the same time period.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-07

Online gaming firms may get some tax demand relief; Delta Corp up 7%

Between september and october 2023, delta corp was slapped with multiple gst notices amounting to a tax shortfall of rs 23,000 crore
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-07

IEX falls 5% as CERC asks Grid India to run shadow pilot on market coupling

Market coupling is a model where buying and selling of bids for all three power exchanges will be aggregated into a uniform market clearing price.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-07

EIH jumps 20% on record Q3 earnings; stock up 150% in a year

Eih ltd stock has gained more than 150 percent in the last year compared to a 24 percent rise in benchmark nifty 50
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-07

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