Emami Realty, Data Pattern to Apollo Micro Systems - here are top Buzzing Stocks today

Buzzing Stocks

• Emami Realty: Up 12.91%.
• Sharda CropChem: Up 7.63%.
• Kinetic Engineering: Up 3.32%.
• ISGEC Heavy Engineering: Up 8.72%.
• LT Foods: Up 6.74%.
• SPIC: Up 5.43%.
• Cheviot: Up 2.28%.
• Mirza International: Up 3.94%.
• McDowell Holdings: Up 4.98%.
• Alok Industries: Up 3.82%.
• Kernex Micro: Up 4.96%.
• Caplin Points: Up 4.45%.
• Eclerx: Up 3.02%.
• MMTC: Up 2.45%.
• Gokaldas Exports: Up 2.94%.
• Century Textile: Up 2%.
• SBI Life: Up 2.35%.
• ABB India: Up 2.04%.
• Godrej Agrovet: Up 1.99%.
• Everest Industries: Up 2.20%.
• Valiant Organics: Up 1.55%.
• Minda Industries: Up 1.81%.
• HSIL: Up 1.80%.
• Phillips Carbon: Up 1.09%.
• Dixon Technologies: Up 1.17%.
• Educomp: Up 4.30%.
• Career Point: Up 1.75%.
• Zuari Agro: Up 3.15%.
• Aptus Value: Up 1.06%.
• 63 Moons: Up 1.78%.
• Kalyani Forge: Up 2.87%.
• Saregama India: Up 2.74%.
• Infra Stocks: On a move. Stocks like HCC - up 4.79%; Madhucon Projects - up 4.57% and Punj Lloyd - up 3.95% were trading with gains.
• IT Stocks: On a move. Stocks like HCL Technologies - up 1.85%; Coforge - up 1%; Vakrangee - up 5.23%; Sonata Software - up 2.43%; FirstSource Solutions - up 1.63%; L&T Infotech - up 1.25% and Zensar Technologies - up 1% were trading with gains.

Declining Stocks

• IDFC: Down 2.66%.  
• Grasim Industries: Down 3.09.
• Dalmia Bharat: Down 1.78%.
• Realty Stocks: Falling with Nifty Realty index trading 1.75% lower. Stocks like Godrej Properties - down 2.87%; Phoenix Mills - down 2.33%; Prestige Estate - down 2.21%; Oberoi Realty - down 2.08%; Lodha - down 1.76% and DLF - down 1.38% were trading in a negative zone.
• Oil & Gas Stocks: Falling with Nifty Oil & Gas index trading 1.20% lower. Stocks like ATGL - down 2.19%; ONGC - down 2.06%; GAIL - down 1.88%; IGL - down 1.52%; BPCL - down 1.35% and IOC - down 1.29% were trading in a negative zone.
• Banking Stocks: Falling with Nifty Banking index trading 1.37% lower. Stocks like RBL Bank - down 2.44%; Kotak Bank - down 2.44%; Axis Bank - down 2%; IndusInd bank - down 1.92%; Federal Bank - down 1.77%; Bandhan Bank - down 1.74%; PNB - down 1.71% and SBI - down 1.57% were trading in a negative zone. In a relief to credit card companies, the Reserve Bank of India (RBI) has extended the CoF Tokenisation (CoFT) deadline by 6 months to June 30, 2022. The earlier deadline was December 31, 2021. The move comes after IBA and digital payment firms voiced their concerns over industry readiness. The RBI in September prohibited merchants from storing customer card details on their servers with effect from January 01, 2022, and mandated the adoption of CoF tokenization as an alternative to card storage.
• Metal Stocks: Falling with Nifty Metal index trading 0.98% lower. Stocks like Ratnamani - down 1.81%; Hindustan Copper - down 1.75%; NMDC - down 1.67%; Welspun Corp - down 1.51%; Tata Steel - down 1.23% and Jindal Steel - down 1.18% were trading in a negative zone.
• Auto Stocks: Falling with Nifty Auto index trading 1.19% lower. Stocks like TVS Motor - down 1.95%; Tata Motors - down 1.92%; M&M - down 1.80%: Eicher Motors - down 1.26% and Maruti - down 0.98% were trading in a negative zone.

Data Pattern IPO Listing: Data Patterns India made a stellar debut on the bourses today as the stock opened at a premium of 46.33% at Rs 856.05 per share on the NSE in Friday's trading session, as compared to the IPO issue price of Rs 585 per share. At the BSE, the stock was listed at Rs 864 per share, at a premium of 47.69% against the issue price. Healthy financials with a sound orderbook and huge growth potential amid the Make in India opportunity boosted investors' sentiment. The initial public offering (IPO) of the vertically integrated defence and aerospace electronics solutions provider Data Patterns (India) Limited closed on Thursday with 119.62 times subscription. The Qualified Institutional Buyers (QIBs) portion was subscribed record 190.86 times while the Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs) portions were subscribed 254.22 times and 23.14 times, respectively. The company had fixed a price range of Rs 555-585 per equity share for an issue worth Rs 588 crore. The issue comprised a fresh issue of up to Rs 240 crore and an offer for sale (OFS) worth Rs 348 crore.

Stocks in News

• Allcargo Logistics: Up 2.28%. The Board of Directors of Allcargo Logistics Ltd on Thursday approved the demerger of CFS/ICD business into Allcargo Terminals Limited. It also approved the demerger of equipment rental, logistics parks and other real estate assets into TransIndia Realty & Logistics Parks Limited (TransIndia).
• United Breweries: Up 1.38%. The National Company Law Appellate Tribunal (NCLAT) has stayed the Competition Commission of India's (CCI's) order imposing a penalty of Rs 751.83 crore on the company. NCLAT has STAYED the Order passed by the CCI upon a condition of pre-deposit of 10% of the penalty amount imposed on the company. The company will comply with the directions and the said 10% amount shall be deposited through a fixed deposit receipt within stipulated time as mentioned in the Order. CCI passed an order imposing a penalty on United Breweries on September 24, 2021.
• Apollo Micro Systems: Up 5.38%. The company has bagged supply orders worth Rs 5.72 crore from DRDO.
• Ajanta Pharma: Up 2.11%. The Board of Directors of the Company is scheduled to meet on December 28, 2021, to consider and approve a proposal for buy-back of equity shares including matters related /incidental thereto.
• Gateway Distriparks Ltd.: Up 2.11%. LIC has sold 2.078% stakes of the company between June 15, 2018, and December 22, 2021.
• Dhruv Consultancy Services: Up 1.58%. The Company has received the “Letter of Award (“LOA”)” for the Consultancy Services as the Independent Engineer for Supervision of Development of Six Lane Chittoor-Thatchur Highway on Hybrid Annuity Mode under Bharatmala Pariyojna in Andhra Pradesh & Tamil Nadu on HAM Mode (Package II) from National Highways Authority of India (NHAI). Fees towards the Independent Engineer's Services for the said project will be Rs 5.13 crore and the contract period will be 48 months.
• Indian Metals & Ferro Alloys: Up 1%. The company has prepaid the term debt of Rs 181 crore as on date and after payment of normal instalments for the quarter ending December 31, 2021. With this, the company's Long term debt will reduce to Rs 143.94 crore and it will become net debt-free.
• Mindteck: Up 4.99%. The company wins another project from an Analytical Instrument Client. The project encompasses the optimization of application module software as an external module of instrument control and workflow module software.
• L&T Finance Holdings: Down 6.48%. L&T Finance Holdings Limited (LTFH) and HSBC Asset Management (India) Private Limited (HSBC AMC) on Thursday entered into a definitive agreement whereby HSBC AMC shall acquire 100% equity shares of L&T Investment Management Limited (“LTIM”), a wholly-owned subsidiary of LTFH, which is the investment manager of L&T Mutual Fund, for an aggregate purchase consideration of USD 425 million (Rs 3,200 crore). In addition, LTFH will also be entitled to excess cash in LTIM until the completion of the acquisition. The divestment of Mutual Fund business is in line with the strategic objective of L&T Finance Holdings of unlocking value from its subsidiaries to strengthen its balance sheet. Kotak says the valuation at which they sold AMC was much below the estimates.
• UPL: Down 1.59%. UPL has admitted its GDR programme (presently listed on Singapore Stock Exchange) for trading on the International Order Book (IOB), London Stock Exchange's electronic trading platform for Global Depositary Receipts. The market value of the GDRs being admitted is approximately GBP 451 million (£45 crore), which represents about 8.16% of its underlined paid-up equity share capital.
• Biocon: Down 5.08%. Biocon Biologics Ltd., a subsidiary of Biocon Ltd., on Thursday announced that US-based Equillium Inc., Biocon’s partner, has expanded its EQUALISE study in Systemic Lupus Erythematosus (SLE) and Lupus Nephritis for Itolizumab (ALZUMAb-L*) to clinical centres in India. EQUALISE is a Phase 1b open-label, proof-of-concept clinical study currently studying Lupus Nephritis patients in the Part B portion of the clinical trial. Equillium has initiated this study across several tertiary hospitals specialising to deal with Lupus Nephritis patients in India after obtaining approval from the Drugs Controller General of India (DCGI).
• Mahindra Lifespace: Down 3.36%. Mahindra Homes Private Ltd (MHPL), a joint venture company of Mahindra Lifespace Developers Ltd and Actis Mahi Holding (Singapore) Private Limited (‘Actis’), approved buyback of 37,800 Series B and Series C equity shares at Rs 29,129 per equity share aggregating to Rs 110.10 crore. Series B and Series C equity shares carry economic rights as per the Shareholders Agreement (SHA) executed between the Company, Actis and MHPL and are fully held by Actis and the Company, respectively. Basis the overall paid-up share capital of MHPL comprising Series A (carrying no dividend or economic rights), Series B and Series C equity shares, the Company holds 71.61% and Actis holds 28.89% in MHPL. As per the SHA, the buyback offer is the basis of economic interest in the ratio of 50:50 between the Company and Actis i.e. 18,900 equity shares each from Series B and Series C equity shares.
• Lupin: Down 1.19%. The pharma major today announced that it has received tentative approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Azilsartan Medoxomil Tablets, 40 mg, and 80 mg to market a generic equivalent of Edarbi Tablets, 40 mg, and 80 mg, of Arbor Pharmaceuticals, LW. This product will be manufactured at Lupin's Nagpur facility in India. Azilsartan Medoxomil Tablets (RLD: Edarbi Tablets) had estimated annual sales of USD 103.4 million in the U.S. (IQVIA MAT September 2021).