Domestic stock markets were trading with marginal gains on Wednesday’s noon deals. At 1:02 pm, the S&P BSE Sensex was trading with a gain of 54.86 points or 0.10 per cent at 56,013.84. The Nifty 50 index was trading33.85 points or 0.20 per cent up at 16,658.45. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of few such stocks:

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Stocks in News

ICICI Bank: Down 0.66%. The Reserve Bank of India (RBI) has approved the re-appointment of Sandeep Bakhshi as the managing director and chief executive officer of ICICI Bank. The re-appointment will come into effect on October 15, 2021, and the tenure will continue till October 3, 2023. 

 

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Tatva Chintan Pharma: Down 0.10%. Mahesh Tanna, Chief Financial Officer ('CFO') of the Company has tendered his resignation from the post of Chief Financial Officer and Key Managerial Personnel ('KMP') of the Company on August 24, 2021. The Company has accepted his resignation and he will be relieved from the Company w.e.f. August 31, 2021, after the closure of working hours. The company in a statement said that the Company is in the process of appointing its successor as Chief Financial Officer and Key Managerial Personnel (RMP). 

Bank of India: Up 1.73%. The public sector lender Bank of India is planning to raise Rs 3,000 crore equity capital through a qualified institutional placement (QIP) offer to fuel business growth and meet regulatory compliance. A non-deal roadshow to woo investors concluded on Monday. 

Wabco India: Down 1.34%. The company’s promoter ZF International UK Limited has proposed to sell 2% stakes (3,80,432 equity shares) through the offer for sale. The OFS will open today for subscription by non-retail investors. The offer for retail investors will open tomorrow. The floor price for the OFS is Rs 6,900 per equity share, a 3,8% discount to Wabco India's closing price of Rs 7,175 on Tuesday, August 24, 2021, at NSE.  

Canara Bank: Down 2.76%. Ace investor Rakesh Jhunjhunwala has picked a 1.59 per cent stake in state-run Canara Bank.

Fortis Healthcare: Down 0.20%. Rakesh Jhunjhunwala is continuously increasing his stakes in Fortis Healthcare and has now increased his stakes in the company to 5.47% from 4.31%, which he held in the month of June. He held 4.92% stakes in the company on August 18, 2021, after which, he bought additional 41.86 lakh shares of the company between August 20-24, 2021. Now, he holds 5.47% stakes in Fortis Healthcare. 

Gateway Distriparks: Up 4.99%. The company approved amalgamation with GEIPL and GRFL with itself. 

Allied Digital: Up 10%. The company has won a six-year contract valued at USD 88 million (INR 650 Crores) pure services businesses to transform the IT operating model and infrastructure landscape across workplace management, for a global automotive giant.

Bulk Deals

Chemplast Sanmar: Down 1.04%. Copthall Mauritius Investment Limited sold 8,92,613 shares at Rs 534.97/ Share. CLSA Global Markets Pte Ltd sold 11,94,856 Shares @ Rs 548.95/ Share. 

Sudarshan Chemical: Up 7.35%. Promoter Rahul Pradeep Rathi sold 9,80,681 shares at Rs 565/Share. Axis Mutual Fund Ac Axis Small Cap Fund bought 5,89,498 Shares at Rs 565/ Share. 

Arvind Fashion: Down 1.61%. Multiples Private Equity sold 9,14,133 shares at Rs 261.75/ Share. 

Capacite Infraprojects: Up 9.99%. Think India Opportunities Master Fund LP sold 13,99,559 shares at Rs 142.1/ Share. 

Buzzing Stocks 

Venky’s: Up 8.29%. 

SKM Egg Products: Up 6.52%. 

Centrum Capital: Up 6.19%. 

Burger King: Up 4.08%. 

Tata Motors: Up 2.79%. 

New India Assurance: Up 4.78%. 

Dixon Technologies: Up 2.64%. 

Blue Star: Up 2.06% 

GIC: Up 5.84%. 

Hindalco: Up 2.21%. 

Shyam Metallics: Up 1.46%. 

TCNS Clothing: Up 13.95%. 

Sterling Tools: Up 9.01%. 

Nectar Life: Up 6.36%. 

Action Construction: Up 7.25%. 

Hi Tech pipes: Up 6.05%.  

LT Foods: Up 4.31%. 

Jubilant FoodWorks: Up 4.92%. 

Great Eastern Shipping: Up 6.46%. 

SpiceJet: Up 3.63%. 

IFGL Refractories: Up 1.82% 

Sterling & Wilson Solar: Up 3.57%. 

Varroc Engineering: Up 2.58%. 

Sundaram Fasteners: Up 1.12%. 

EID Parry: Up 5.10%. 

Welspun Corp: Up 2.34%. 

Sona BLW: Up 6.19%. 

Hindalco: Up 2.21%. 

SPARC: Up 2.24%. 

Delta Corp: Up 1.96%. 

Bajaj Consumers: Up 2.24%. 

Tata Consumers: Up 1%.

Vishal Fabrics: Up 4.99%. 

Uflex: Up 6.02%.

Shipping stocks: Moving up. Stocks like GE Shipping – up 7.67%; Shipping Corporation of India – up 3.46% were trading higher.

Tea & Coffee Stocks: Moving up. Stocks Jay Shree Tea – up 5.85%; McLeod Russel – up 4.90%; Tata Coffee – up 1.35%; Harrison Malayalam – up 1.42% were trading higher. 

Power Stocks: Moving up. Stocks like Adani Power – up 4.98%; JSW Energy – up 4.98%; Kalpataru Power – up 1.86% were trading higher.

Fisheries Stocks: Moving up. Stocks like Avanti Feeds – up 5.26%; Apex Frozen – up 1.99%; Waterbase – up[ 1.85% were trading higher.

MidCap Cement Stocks: Moving up. Stocks like JK Cement – up 3.01%; Saurashtra Cement – up 1.14%; NCL Industries – up 092% were trading higher.

Defence Stocks: Moving up. Stocks related to the defence sector like HAL – up 4.43%; BDL – up 3.20%; were trading higher.

Stocks at Life High

Coforge: Up 1.85%. Meanwhile, the stock hit the life high of Rs 5,249.80 earlier in the intraday trade today.

Tata Elxsi: Up 2.04%. Meanwhile, the stock hit the life high of Rs 4,949 earlier in the intraday trade today. 

TCS: Up 1.78%. Meanwhile, the stock hit the life high of Rs 3,697.75 earlier in the intraday trade today.

Wipro: Up 0.68%. Meanwhile, the stock hit the life high of Rs 642.80 earlier in the intraday trade today.

Nestle India: Up 0.94%. Meanwhile, the stock hit the life high of Rs 20,325 earlier in the intraday trade today.

Bajaj Electric: Up 3.20%. Meanwhile, the stock hit the life high of Rs 1,238 earlier in the intraday trade today. 

BLS International: Up 6.23%. Meanwhile, the stock hit the life high of Rs 205 earlier in the intraday trade today.