Godrej Consumer, MapMyIndia to IT Stocks - here are top Buzzing Stocks today
Equity benchmarks were trading at day's high on Tuesday's noon deals. At 1:06 pm, the S&P BSE Sensex was trading 986.38 points or 1.77% higher at 56,808.39.
Equity benchmarks were trading at day's high on Tuesday's noon deals. At 1:06 pm, the S&P BSE Sensex was trading 986.38 points or 1.77% higher at 56,808.39. Nifty 50 index was trading with a gain of 291.30 points or 1.75% at 16,905.50. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of some of such stocks:
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Buzzing Stocks
Vardhman Textiles: Up 8.89%.
La Opala: Up 6.87%.
VIP Industries: Up 7.04%.
Fortis Healthcare: Up 4.40%.
Zee Entertainment: Up 4.31%
KIOCL: Up 11.13%.
Apar Industries: Up 9.07%.
Ramco Systems: Up 12.07%.
Broking Stocks: On a move. Stocks like Angel One - up 4.35%; Geojit Financial - up 2.53%; IIFL Financial - up 2.68% and Motilal Oswal - up 1.42% were trading with gains.
AMC Stocks: On a move. Stocks like Nippon Life India - up 3.03% and HDFC AMC - up 1.66% were trading with gains.
Cement Stocks: On a move. Stocks like Dalmia Bharat - up 5.24%; JK Cement - up 4.25%; Orient Cement - up 3.66%; Ambuja Cement - up 3.57%; UltraTech Cement - up 2.93%; Grasim - up 2.82%; HIL Industries - up 2.36%; Shree Cement - up 2.67% and Ramco Cement - up 2.61% were trading with gains.
Chemical Stocks: On a move. Stocks like JOICL - up 3.86%; Chemplast Sanmar - up 3.84%; Andhra Petrochemicals - up 3.97%; Deepak Nitrite - up 4.10%; Fineotex Chemicals - up 3.78% and IG Petrochemicals - up 3.63% were trading with gains.
Oil and Gas Stocks: On a move with Nifty IT index trading with 1.37% gain. Stocks like Gujarat Gas - up 3.43%; MRPL - up 2.64%; Oil India - up 2.61%; Reliance Industries: Up 2.58%; GAIL - up 2.26% and IGL - up 1.64% were trading with gains.
IT Stocks: On a move with Nifty IT index trading with 2.55% gain. Stocks like LTI - up 3.95%; HCL Technologies - up 3.91%; LTTS - up 3.75%; Coforge - up 3.22%; Tech Mahindra - up 3.19%; Mindtree - up 3.14%; Wipro - up 3.04%; TCS - up 2.08%; Infosys - up 1.73% among others were trading with gains.
Metal Stocks: On a move with Nifty Metal index trading with 4.04% gain. Stocks like Vedanta - up 5.03%; Welspun Corp - up 4.94%; SAIL - up 4.74%; Tata Steel - up 4.50%; Jindal Steel - up 4.49%; Hindalco - up 3.65%; JSW Steel - up 4.49% and Coal India - up 3.48% among others were trading with gains.
Auto Ancillary Stocks: On a move. Stocks like LG Balakrishnan - up 7.36%; Mindo Corp - up 6.68%; Bosch - up 4.96%; MM Forgings - up 3.91%; Minda Industries - up 4.34% and Timken India up 3.91% among others were trading with gains.
FMCG Stocks: On a move with Nifty FMCG index trading with 1.49% gain. Stocks like Radico Khaitan - up 3.59%; Tata Consumer - up 1.95%; Colgate Palmolive - up 1.90%; Britannia - up 1.76% and Nestle India - up 1.60% among others except Emami were trading with gains.
Consumer Durable Stocks: On a move with Nifty Consumer Durable index trading with 2.28% gain. Stocks like Amber Enterprises - up 5.70%; Havells - up 3.87%; Dixon Technologies - up 3.86%; TTK Prestige - up 3.07%; Titan - up 2.77% and Relaxo - up 1.95% among others except Blue Star were trading with gains.
Banking Stocks: On a move with Nifty Bank index trading with 1.53% gain. Stocks like AU Bank - up 5.86%; ICICI Bank - up 2.55%; RBL Bank - up 2.48%; IndusInd Bank - up 2.39% and Bandhan Bank -up 1.99% among others were trading with gains.
Realty Stocks: On a move with Nifty Realty index trading with 2.76% gain. Stocks like IB Real Estate - up 6.22%; MacroTech Developers - up 4.87%; Brigade Enterprises - up 4.28%; DLF - up 3.74%; Oberoi Realty - up 3.09% and Prestige Estate - up 2.47% among others except Phoenix Mills were trading with gains.
Agri Stocks: On a move. Stocks like Jain Irrigation - up 4.24%; UPL Ltd - up 3.49% and Aries Agro - up 3.45% were trading with gains.
Listing + IPO Update: MapmyIndia Listing + CMS Info Systems IPO
MapmyIndia: Shares of C.E. Info Systems Limited, the operator of India's leading map and navigation services provider - MapmyIndia, made a stellar debut on the bourses, NSE & BSE, today. The shares of the digital mapping company were listed at Rs 1581 per share on the BSE on Tuesday. This was a gain of Rs 548 or 53.05% against its issue price of Rs 1,033. At the NSE, it was listed at Rs 1,565 per share, a premium of 51.5% over the issue price. The Rs 1,039.6 crore public issue closed with 154.71 times subscription on December 14, 2021. The Qualified Institutional Buyers (QIBs) portion was subscribed 196.36 times, while the Non-Institutional Investors (NII) and Retail Individual Investors (RIIs) portions were subscribed 424.69 times and 15.20 times, respectively. The issue price for the issue is Rs 1,033 per share.
CMS Info Systems IPO: The initial public offering (IPO) of CMS Info Systems Limited, India's largest cash management company in terms of the number of ATM points and retail pick-up points, which opened for subscription today was subscribed 0.26 times by 12:47 pm. The Non-Institutional Investors (NII) and Retail Individual Investors (RIIs) portions were subscribed 0.01 times and 0.52 times, respectively. Bidding for the CMS Info Systems IPO will end on Thursday, December 23, 2021. The company seeks to raise Rs 1,100 crore from the initial public offer. The shares of the company will be available for bidding in a price band of Rs 205-216 per share. Retail investors can bid for the public offer for a minimum of 69 equity shares, and in multiples thereof up to 13 lots. At the upper end of the price range, one lot is valued at Rs 14,904 and 13 lots worth Rs 1,93,752. The initial share sale of Mumbai-based CMS Info Systems is entirely an offer for sale (OFS) by promoters and existing shareholders.
Stocks In News
Telecom Stocks: Vodafone Idea - up 5.49% and Bharti Airtel - up 1.61%. Telecom Regulatory Authority of India (TRAI) on Monday released the Subscriber Data for October 2021 and said that Reliance Jio Infocomm (Jio) has added 17.61 lakh wireless subscribers in the reported month while Bharti Airtel has lost 4.9 lakh subscribers and Vodafone Idea (Vi) has lost 9.64 lakh subscribers in the month. The overall wireless subscribers have increased by 2.8 lakh. The industry has added 8 lakhs active subscribers. Besides, the Department of Telecom (DoT) has asked the finance ministry to consider refunding input tax credits (ITC) that telcos have accumulated under the goods and services tax regime, two officials aware of the matter said. Total Input Tax Credit is around Rs 50,000 crore.
Wipro: Up 4.05%. Wipro on Monday announced that it has signed an agreement to acquire Austin, Texas-headquartered Edgile. It will acquire the company in a cash deal for a purchase consideration of $230 million (Rs 1,725 crore). Wipro has said that the acquisition of Edgile will strengthen Wipro's leadership in Strategic Cybersecurity services. Abry Partners, a minority private equity investor in Edgile, will fully exit its investment in Edgile as a result of this transaction.
Tata Power: Up 3.06%. Tata Power Delhi Distribution (TPDDL) has said that it has installed 1,400 EV charging stations in Delhi. Besides, State-owned SECI has awarded a contract to the Tatas for setting up a 100MW solar project with a battery energy storage system (BESS) at Rajnandgaon, Chhattisgarh.
RailTel: Up 2.11%. RailTel Corporation of India Ltd. has received a work order from DRDO for Expansion and Enhancement of CIAG Network Capacity at a total cost of Rs 68.31 Crore (Inclusive of GST). The entire work is to be completed in seven months.
Godrej Consumer: Up 4.72%. The company's management has targeted double-digit volume growth in the next three to five years led by category development and penetration gains.
Bulk Deals
Shriram Properties: Down 3.21%. Nomura India Investment Fund Mother Fund - The MTBJ AC Nomura India Investment Fund acquired 20 lakh equity shares in the company at Rs 95.53 per share.
CCL Products India: Up 2.26%. IMCO Emerging Markets Public Equity LP acquired 6,94,026 equity shares in the company at Rs 399.20, however, Ontario Pension Board sold 6,94,026 equity shares at Rs 399.20 per share on the BSE, the bulk deals data showed.
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