Indiabulls Real Estate, Grindwell Norton to Jagsonpal Pharmaceuticals - here are the top Buzzing Stocks today
Certain stocks were in action in either direction based on reports linked to them. Here is a list of some of such stocks.
The benchmark indices were trading with deep cuts in noon deals of Tuesday, February 22, 2022. All the sectoral indices on the NSE were in the red. At 1:54 pm, the S&P BSE Sensex was trading at a loss of 855.86 points or 1.48% at 56,827.73. The Nifty 50 index was trading at a loss of 259.40 points or 1.51% at 16,947.25. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of some of such stocks:
Buzzing Stocks
- Indiabulls Real Estate: Up 12.71%.
- Cera Sanitaryware: Up 2.76%.
- Grindwell Norton: Up 2.25%.
- Coffee Day: Up 1.72%.
- Healthcare Global: Up 1.20%.
- Sical Logistics: Up 1.08%.
- Reliance Infrastructure: Up 2.13%.
- Muthoot Finance: Up 1.20%.
- Hatsun Agro: Up 3.01%.
- Tube Invest: Up 1.57%.
- V-Mart Retail: Up 3.31%.
- VIP Industries: Up 2.11%.
- Route Mobile: Up 1.79%.
- Insecticides India: Up 2.35%.
- Adani Transmission: Up 3.32%.
- Nippon Life India: Up 2.30%.
- Diagnostic Shares: On a move. Stocks like Krsnaa Diagnostics - up 2.26%; Metropolis - up 1.72% and Thyrocare - up 1% were trading with gains.
- Pharma Stocks: On a move. Stocks like Bliss GVS - up 1.86%; Gland Pharma - up 2.06%; Neuland Laboratories - up 0.85%and Wockhardt - up 0.88% were trading with gains.
Declining Stocks
- Dhani Services: Down 18.91%.
- Asian Paints: Down 1.77%.
- HUL: Down1.23%.
- Bharti Airtel: Down 2.91%.
- SBI Life: Down 1.79%.
- HDFC Life: Down 1.72%.
- Adani Ports: Down 2.35%.
- UPL Ltd.: Down 2.83%.
- Divi's Laboratories: Down 1.37%.
- Dr Reddy's: Down 2.09%.
- Sun Pharma: Down 1.88%.
- L&T: Down 2.17%.
- Reliance Industries: Down 1.11%.
- Aluminium Stocks: Under pressure. Stocks like Maan Aluminium - down 4.57%; PG Foils - down 4.12%; Vedanta - down 2.81% and Manaksia Aluminium - down 4.53% were trading in negative territory with huge losses because the conflict between Russia and Ukraine will lead to a shortage in supply of Aluminium.
- Restaurant & QSR Stocks: Under pressure. Stocks like Restaurant Brands Asia - down 6.22%; Sapphire Foods - down 2.91%; Barbeque Nation - down 2.31%; Mrs Bectors Food - down 2.21%; Devyani International - down 1.67% and Jubilant FoodWorks - down 0.91% were trading in the negative territory.
- Metal Stocks: Under pressure. Stocks like JSW Steel - down 2.50%; Tata Steel - down 3.88%; Coal India - down 2.30%; SAIL - down 3.14%; Hindustan Copper - down 2.94% and Vedanta - down 2.81% were trading in the negative territory.
- Tata Group Stocks: Under pressure. Stocks like Tata Motors DVR - down 4.53%; Tata Motors - down 2.88%; Tata Steel - down 3.88%; Titan - down 1.40%; Tata Metaliks - down 3.33%; Nelco - down 3.67%; Tata Coffee - down 2.16% and TCS - down 3.66% among many other stocks were trading in the negative territory. Report from Bloomberg, the Supreme Court has agreed to hear the review petition of Shapoorji Pallonji Group against the ouster of Cyrus Mistry on March 9, 2022. Tata Sons had replaced Mistry as Chairman, less than four years after he took charge, in October 2016.
- IT Stocks: Under pressure. Stocks like TCS - down 3.66%; Mindtree - down 2.05%; Tech Mahindra - down 1.48%; HCL Technologies - down 1.70% and Wipro - down 1.26% were trading in the negative territory.
- Banking Stocks: Under pressure. Stocks like Bandhan Bank - down 2.48%; IDFC First Bank - down 2.28%; Union Bank - down 4.56%; Canara Bank - down 3.33%; Central bank - down 3.30%; Axis Bank - down 1.31%; PNB - down 1.60%; IndusInd Bank- 1.43%; SBI - down 2.33% and AU Small Finance Bank - down 1.54% were trading in the negative territory.
- Oil & Gas Stocks: Under pressure. Stocks like IOC - down 1.26%; BPCL - down 2.82%; MRPL - down 2.39%; IGL - down 2.31%; MGL - down 1.89%; Gujarat Gas - down 1.86%; GAIL - down 1.76% and ATGL - down 1.46% were trading in the negative territory.
- Railway Stocks: Under pressure. Stocks like Titagarh Wagons - down 3.76%; RVNL - down 3.40%; Walchandnagar - down 2.77%; KEC International - down 2.84%; Astra Micro - down 2.90%; IRCON International - down 2% and IRFC - down 1.13% were trading in the negative territory.
- Real Estate Stocks: Under pressure. Stocks like Macrotech Developers - down 3.86%; DLF - down 3.35%; Sunteck Realty - down 2.98%; Prestige Estate - down 2.93%; Sobha - down 1.79% and Godrej Properties - down 1.37% were trading in the negative territory.
- Retail Stocks: Under pressure. Stocks like Future Enterprises - down 3.49%; Spencer's Retail - down 3.49%; Future Retail - down 3.25%; and AB Fashion - down 1.12% were trading in the negative territory.
- Rice Stocks: Under pressure. Stocks like LT Foods - down 2.40% and Chaman Lal Setia - down 2.56% were trading in the negative territory.
- Shipping Stocks: Under pressure. Stocks like Seamec - down 1.06%; Mazagon Dock - down 3.07%; SCI - down 1.72%; Cochin Shipyard - down 1.82% and GE Shipping - down 1.38% were trading in the negative territory.
- Solar Energy Stocks: Under pressure. Stocks like Surana Solar - down 4.84%; Indosolar - down 4.71%; Ujaas Energy - down 4.40% and HBL Power-down 3.36% were trading in the negative territory.
- Auto Ancillary Stocks: Under pressure. Stocks like Minda Corp - down 3.50%; Rane (Madras) - down 3.41%; Gabriel India - down 3.24%; Suprajit Engineering - down 2.94%; Rane Brake Linings - down 3.74%; Bharat Gears - down 3.29%; Jay Bharat Maruti - down 3.67% and Lumax Industries - down 3.09% were trading in the negative territory.
Top Gainers in F&O stocks
- NAM India: Up 2.09%.
- Mphasis: Up 2%.
F&O Losers
- DLF: Down 3.55%.
- MCX: Down 5.44%.
- Balrampur Chini: Down 1%.
- Balkrishna Industries: Down 3.41%.
- GNFC: Down 3.79%.
- BPCL: Down 2.68%.
New-Age Stocks/Recent IPOs
- AGS Transact: Down 5.42%.
- RateGain Travel: Down 5.89%.
- PB Fintech: Down 5.65%.
- Latent View Analytics: Down 5.14%.
- Sigachi Industries: Down 4.34%.
- Data Patterns: Down 3.88%.
- Medplus Health: Down 4.17%.
- Tarsons Products: Down 3.34%.
- Supriya Lifescience: Down 3.17%.
- Tega Industries: Down 3.70%.
- MapmyIndia: Down 3.09%.
- Zomato: Down 4.29%.
- Burger King: Down 6.18%.
Stocks in News
- Thyrocare: Up 1%. API Holdings, the parent company of online pharmacy start-up PharmEasy, on Monday received the definitive approval from SEBI to raise Rs 6,250 crore through an initial public offering (IPO). Along with API Holdings, SEBI also gave a nod to CMR Green Technologies and Wellness Forever Medicare to float their IPO.
- Indiabulls Housing Finance: Up 12.71%. The Enforcement Directorate (ED) has sought some information regarding certain clients including related documents for a case related to the Palghar case of 2019 from the company. The company has provided the data of clients to ED. Due to the stay on the matter, there is no scope for any more FIR.
- Jagsonpal Pharmaceuticals: Up 19.99%. The company has received an open offer from Infinity Holdings for the acquisition of upto 68,11,480 fully paid-up equity shares of the face value of Rs 5 for each equity share representing 26% of the fully diluted voting equity share capital (“voting share capital”). The Open Offer is made at Rs 235 per share. The total valuation of the shares stands at Rs 269 crore. Promoter Aresko Progressive Private Limited has sold 43.73% stakes of the company to Infinity Holdings on February 21, 2022. After the stake sale, Infinity Holdings will be the new promoter of the company with Aresko. Infinity will have a 69.73% stake in the company after the open offer and Aresko Progressive Private Limited will continue to be the promoter with a 21.99% stake in the company.
- Vedanta Ltd: Down 2.81%. The company on February 21, 2022, announced that it has made an oil discovery in its exploratory well in Rajasthan's Barmer district. The company holds 100% participating interest in the block. Management committee approval is pending.
- ICICI Bank: Down 0.87%. The private sector lender has entered into an agreement on Monday for investment in the equity shares of Verve Financial Services Private Limited. The bank will acquire 9.49% stakes in the company for a cash consideration of Rs 20 crore.
- IDFC First Bank: Down 2.28%. IDFC FIRST Bank MD and CEO V Vaidyanathan has gifted 9 lakh shares of the bank held by him, worth over Rs 3.95 crore, to five individuals, including his trainer, house help and driver, to help them purchase homes. These five people are unrelated to the top official of the private sector bank. In addition, the bank said Rukmani Social Welfare Trust has disposed of 2 lakh equity shares to support social activities.
- ISGEC Heavy Engineering: Down 1.81%. ISGEC has commissioned its high-capacity Biomass and Slop Fired Boilers in Thailand. The company has also started its largest Biomass Boilers for a Bio Ethanol project in Thailand for GKBI through an EPC company, Sbang Corp Ltd., Thailand.
- NHPC LTD.: Down 3.83%. The company has restarted power generation at Sewa-II Power Station (3 x 40 MW), Mashka (UT of J&K) which was under complete shutdown since September 25, 2020, due to damage of Head Race Tunnel (HRT).
- Krsnaa Diagnostics: Up 2.90%. The Health and Family Welfare Department, Himachal Pradesh has awarded a Tender for providing Diagnostic / Laboratory Services in Himachal Pradesh Government Health Institutions in the entire State of Himachal Pradesh to the Company. Tenure of Contract is up to five years from the date of signing the Contract.
- CG Power: Down 3.52%. The Bombay High Court has quashed an assessment order of Rs 684 crore in respect of the Assessment Year 2018-19 against the company issued by the IT department.
- L&T Finance Holdings: Down 1.50%. BNP Paribas Arbitrage buys 5.79 crore shares at Rs 71.35 per share. Citigroup Global Markets Mauritius Private Limited sells 5.79 crore shares at Rs 71.35 per share.
- Advani Hotels: Down 4.41%. Delta Corp sells 5.42 lakh shares at Rs 99.4 per share.
- Khadim: Down 4.38%. Promoter buys 14,000 shares on February 17-18, 2022.
- Chambal Fertilisers & Chemicals: Down 1.13%. Promoter SIL Investments Limited bought 75,000 shares on February 21, 2022. Promoter Texmaco Infrastructure & Holdings Limited bought 1.9 shares on February 17-18, 2022. Promoted Texmaco Rail & Engineering sold 1.9 lakh shares on February 17-18, 2022.
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