IFB Industries, Mahindra Lifespace to Hotel Stocks - here are the top Buzzing Stocks today

The benchmark indices reversed the trend and slipped into the negative territory during the early noon deals of Wednesday, March 23, 2022. The S&P BSE Sensex was trading 182.29 points or 0.31% lower at 57,807.01. The Nifty 50 index was 51.85 points or 0.30% down and was trading at 17,263.65. 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

IFB Industries: Up 9.31%.
Mahindra Lifespaces: Up 5.28%.
HDIL: Up 4.52%.
IEX: Up 3.36%.
BLS International: UP 4.99%.
NRB Bearings: Up 3.66%.
Suprajit Engineering: Up 2.67%.
Endurance Technologies: Up 1.52%.
Triveni Turbine: Up 2.88%.
Bajaj Electricals: Up 2.27%.
Orient Electric: Up 2.48%.
Motilal Oswal: Up 2.31%.
Phoenix Mills: Up 1.62%.
Welspun Corp: Up 2.55%.
Sagar Cement: Up 4.11%.
Visaka Industries: Up 2.25%.
AU Small Finance Bank: Up 2.63%.
PNB: Up 1.26%.
Hindalco: Up 1.41%.
SAIL: Up 1.01%.
Mindtree: Up 1.30%.
UTI AMC: Up 2.09%.
HDFC AMC: Up 2.98%.
Delta Corp: Up 2.77%. Meanwhile, the stock hit the 52-week high of Rs 319.50 per share earlier in the intraday trade today.
Trent: Up 0.45%. Meanwhile, the stock hit the life high of Rs 1,314.60 per share earlier in the intraday trade today.
Chola Investment: Up 1.64%. Meanwhile, the stock hit the life high of Rs 728 per share earlier in the intraday trade today.
Defence Stocks: On a move. Stocks like Walchandnagar Industries - up 1.23%; BHEL - up 1.27%; Astra Microwave - up 1.52% and Paras Defence - up 7.33% were trading with gains. The Defence Ministry on Tuesday approved the procurement of Rs 8,357 crore worth of military platforms and hardware, including air defence fire control radar and GSAT-7B satellite. The Ministry has also cleared the Indian army's Rs 4,000 crore proposal for a dedicated surveillance satellite to keep an eye on the activities along the borders with China and Pakistan. Besides, the Defence Acquisition Council has also approved procurement of 14 items worth Rs 380 crore for the Indian Army from iDEX startups/MSMEs. 
OMCs: On a move. Stocks like MGL - up 3.39%; Gujarat Gas - up 2.50%; Hindustan Petroleum - up 1.45%; IGL - up 1.42% and GAIL - up 0.94% were trading with gains. Oil and marketing companies have raised the petrol and diesel price by 0.80 paise per litre from Wednesday. This is the second price hike in a row. From Wednesday, a litre of petrol in Delhi will cost Rs 97.01, while diesel prices will be raised to Rs 88.27. 
Selective Logistics Stocks: On a move. Stocks like Sical Logistics - up 4.51%; GATI - up 3.26% and Mahindra Logistics - up 2.76% were trading with gains.
Pharma Stocks: On a move. Stocks like Strides Pharma - 3.63%; Dr Reddy's - up 3.60%; Gland Pharma - up 3.13%; Alkem - up 3.02%; Torrent Pharma - up 2.56%; Pfizer - up 2.08% and Dishman Carbogen - up 4.53% were trading with gains.
Consumer Durables Stocks: On a move. Stocks like Amber Enterprises - up 3.12%; Whirlpool - up 2.73%; Voltas - up 2.54%; Orient Electric - up 2.35% and Havells - up 1.38% were trading with gains.
FMCG Stocks: On a move. Stocks like Varun Beverages - up 2.45%; Colgate - up 1.72%; and ITC - up 1.18% were trading with gains.
Chemical Stocks: On a move. Stocks like JOCIL - up 19.99%; Meghmani Finechem - up 5%; Manali Petrochemicals - up 3.84%; PCBL - up 2.07%; Anupam Rasayan - up 1.86%; Punjab Alkalies - up 2.25% and Fineotex Chemicals - up 1.65% were trading with gains.
Hotel Stocks: On a move. Stocks like Royal Orchid - up 9.99%; Kamat Hotels - up 8.63%; Advani Hotels - up 7.25%; Indian Hotels - up 5.08%; Lemon Tree Hotels - up 3.23% and Taj GVK - up 3.12% were trading with gains.

Declining Stocks

La Opala: Down 2.25%.
Mahindra Holidays: Down 2.51%.
Aptus Value: Down 7.56%.
Home First Finance: Down 2.36%.
Ludlow Jute: Down 3%.
Shopper Stop: Down 3.51%.
CreditAccess Grameen: Down 2.77%.
Relaxo Footwear: Down 2.80%.
Bharti Airtel: Down 2.11%.
Asian Paints: Down 1.41%.
APL Apollo: Down 1.80%.
Infosys: Down 1.37%.
Persistent Systems: Down 2.06%.
Apex Frozen: Down 1.79%.
Muthoot Finance: Down 1.85%.
New India Assurance: Down 1.55%.
HDFC: Down 1.86%.
Fertilizer Stocks: Under Pressure. Stocks like GNFC - down 5.37%; Madras Fertilizers - down 6.39%; Aries Agro - down 3.22%; Chambal Fertilizer - down 3.35%; Mangalore Chemicals - down 1.80%; FACT - down 1.76%; SPIC - down 4.72% and GSFC - down 2.26% were trading in negative territory.
Auto Stocks: Under Pressure. Stocks like Hero MotoCorp - down 2.07%; Maruti - down 1.30%; M&M - down 1.25% and Bajaj Auto - down 0.79% were trading in negative territory.
FMCG Stocks: Under Pressure. Stocks like Emami - down 2.18%; Radico Khaitan - down 1.72%; Dabur - down 1.52% and Britannia - down 1.50% were trading in negative territory.

Stocks in News

GMR Power & Urban Infra: Down 5.88%. Equity shares of GMR Power and Urban Infra Ltd, the non-airport business company of the GMR Group, began its trading journey on BSE and NSE from today. The shares are listed at Rs 46.50 on the BSE while on the NSE it is listed at Rs 48. For the first 10 days, the scrip will trade in the T-to-T category. GPUIL is a demerged company from GMR Infra.
Indian Hotels: Up 2.97%. Tata Group-backed Indian Hotels Company (IHCL) on Tuesday launched its qualified institutional placement of Rs 2000 crore as the hotel chain wants to raise funds. The floor price for the QIP has been fixed at 203.48 per equity share (a 2.4% discount to CMP of Rs 208.45 per share). the Company may offer a discount of not more than 5% on the floor price so calculated for the Issue.
JSW Steel (up 1.30%)/ SAIL (up 3.175): India's top steelmakers have announced a price hike of rebar, hot-rolled coil (HRC) and cold-rolled coil (CRC). JSW Steel has raised rebar prices by Rs 1,250 per tonne while SAIL has increased the prices of HRC and CRC by around Rs 1,500 per tonne.