Paytm, Dredging Corporation to Paper Stocks - here are the top Buzzing Stocks today

Benchmark indices were trading at day's high in the noon deals of Wednesday, March 16, 2022. At 1:13 pm, the S&P BSE Sensex was trading 742.19 points or 1.33% higher at 56,519.04. Nifty 50 index was 219.60 points or 1.32% up and was trading at 16,882.60. 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

• Paytm: Up 7.01%.
• InterGlobe Aviation: Up 3.48%.
• Dixon Technologies: Up 3.49%.
• Shoppers Stop: Up 4.18%.
• PVR: Up 2.27%.
• PB Fintech: Up 1%.
• RHI Magnesita: Up 6.71%. Meanwhile, the stock touched the life high of Rs 612 per share earlier in the intraday trade today.
• Cholamandalam Investment: Up 2.17%. Meanwhile, the stock touched the life high of Rs 713.50 per share earlier in the intraday trade today.
• Banking Stocks: On a move. Stocks like Federal Bank - up 3.64%; Axis Bank - up 3.57%; IndusInd Bank - up 3.28%; RBL Bank - up 2.32%; Kotak Bank - up 2.32%; Kotak Bank - up 2.19% and SBI - up 1.43% were trading with decent gains.
• IT Stocks: On a move. Stocks like Coforge - up 4.37%; Infosys - up 1.67%; Tech Mahindra - up 1.58%; TCS - up 1.34% and Wipro - up 1.33% were trading with decent gains.
• MidCap IT Stocks: On a move. Stocks like Firstsource Solutions - up 1.63%; Birlasoft - up 1.85%; Mastek - up 1.43% and Take Solutions - up 1.04% were trading with decent gains.
• NBFC Stocks: On a move. Stocks like M&M Financial - up 1.99%; Piramal Enterprises - up 2.66%; Cholamandalam Investment - up 2.17% and Bajaj Finance - up 2.46% were trading with decent gains.
• Paper Stocks: On a move. Stocks like Andhra Paper - up 7.45%; Orient Paper - up 5.58%; West Coast Paper - up 4.24%; Pudumjee Paper - up 5.94%; JK Paper - up 4.46%; Star Paper - up 5.93% and Tamilnadu Newsprint - up 4.63% were trading with decent gains.
• Sugar Stocks: On a move. Stocks like Balrampur Chini - up 2.34%; EID Parry - up 1.24%; Triveni Engineering - up 1.03% were trading with decent gains.
• Selective Cement Stocks: On a move. Stocks like Sagar Cement - up 14.40%; Mangalam Cement - up 1.74%; Orient Cement - up 4.63%; Grasim - up 1.77%; Dalmia Bharat - up 3.03% and JK Cement - up 5.41% were trading with decent gains.
• Defence Stocks: On a move. Stocks like Bharat Dynamics - up 6.03%; Astra Microsystems - up 6.11%; HAL - up 5.03%; Walchandnagar Industries - up 2.54%; BHEL - up 1.69%; BEL - up 1.26% and Bharat Forge - up 3.34% were trading with decent gains.
• Auto Stocks: On a move. Stocks like Ashok Leyland - up 4.23%; Bharat Forge - up 3.34%; Tata Motors - up 2.53%; Eicher Motors - up 2.27%; Bajaj Auto - up 2.25%; TVS Motor - up 1.94%; Hero MotoCorp - up 1.75% and M&M - up 1.71% were trading with decent gains.
• FMCG Stocks: On a move. Stocks like Marico - up 2.53%; United Spirits - up 2.49%; UBL - up 2.10%; Radico Khaitan - up 1.84%; Varun Beverages - up 1.68%; Britannia - up 1.60% and Godrej Consumer - up 1.39% were trading with decent gains.
• Metal Stocks: On a move. Stocks like Vedanta - up 4.04%; National Aluminium - up 3.61%; Jindal Steel - up 2.47%; NMDC - up 2.17%; Tata Steel - up 2.17%; JSW Steel - up 2.11% and Hindustan Zinc - up 2% were trading with decent gains.
• Realty Stocks: On a move. Stocks like Godrej Properties - 3.32%; Prestige Estate - up 3.34%; DLF - up 3.27%; Oberoi Realty - up 1.70%; Sobha - up 1.64% and Macrotech Developers - up 1.50% were trading with decent gains.
• Consumer Durables Stocks: On a move. Stocks like Voltas - up 5.28%; Havells - up 4.63%; Bata India - up 3.90%; Dixon Technologies - up 3.43%; Kajaria Ceramics - up 3.06% and Whirlpool - up 1.79% were trading with decent gains.
• Oil & Gas Stocks: On a move. Stocks like MGL - up 2.98%; GAIL - up 2.32%; IGL - up 2.25%; ONGC - up 1.80%; Reliance - up 1.63% and BPCL - up 1.43% were trading with decent gains.
• Tata Group Stocks: On a move. Stocks like TCS - up 1.34%; Titan - up 1.16%; Tata Steel - up 2.14%; Tata Motors - up 2.53%; Tata Motors DVR - up 2.53%; Voltas - up 5.28%; Tata Communications - up 2.99%; NELCO - up 1.91% and Indian Hotels - up 1.86% were trading with decent gains.
• Tour & Travel Stocks: On a move. Stocks like Easy Trip Planners - up 5.08%; Mahindra Holidays - up 2.45%; Tourism Finance Corp - up 2.18%; IRCTC - up 1.48% and ITDC - up 1.30% were trading with decent gains.
• Telecom Stocks: On a move. Stocks like Tejas Networks - up 3.37%; Vodafone Idea - up 1.50%; Tata Communications - up 2.99%; Indus Towers - up 1.79% and Reliance Industries - up 1.46% were trading with decent gains.
• Shipping Stocks: On a move. Stocks like Dredging Corp - up 4.12%; GE Shipping - up 3.47%; Mazagon Dockyard - up 2.37%; SEAMEC - up 1.30% and Cochin Shipyard - up 1.06% were trading with decent gains.

Falling Stocks

• Ramakrishna Forgings: Down 3.14%.
• Linde India: Down 4.76%.
• GSK Pharma: Down 1.87%.
• Emami Ltd.: Down 1.65%.
• Carborundum Universal: Down 1.88%.
• KEC International: Down 1.61%.
• GFL Limited: Down 3.23%.
• Healthcare Global: Down 4.62%.
• AllCargo Logistics: Down 2.08%.
• Jyothi Labs: Down 1.03%.
• CESC: Down 1.25%.
• Sanghvi Movers: Down 1.81%.
• TCI Express: Down 2.93%.
• Speciality Restaurants: Down 4.37%.
• McLeod Russel: Down 1.65%.

Stocks in News

• General Insurance Stocks: On a move. Stocks like New India Assurance - up 10.59%; GIC: Up 7.66%, ICICI Prudential - up 1.44% Third-party insurance charges are likely to go up from April 1, 2022.
• Dredging Corporation of India Ltd (up 4.07%) / Cochin Shipyard (up 1.06%): Dredging Corporation's board has signed a contract with Cochin Shipyard for the construction of a 12,000 cubic meter hopper capacity trailer suction hopper dredger for euro 104 million under the Make in India - Atma Nirbhar Bharat program. The construction period is about three years.  
• Tata Motors: Up 2.53%. Tata Motors has received orders for the supply of 250 EVs from Aurangabad Mission Green Mobility (AMGM). 
• United Spirits: Up 2.49%. Inbrew Beverages, reportedly, is likely to buy a $30 crore portfolio of Indian brands being sold by Diageo Plc. Diageo may sell lower-margin brands including Haywards, Bagpiper whisky and White Mischief vodka. 
• Wockhardt: Up 1.85%. National Institutes of Health (NIH), USA to conduct human Phase 1 trial of Wockhardt’s novel once-a-day multidrug-resistant (MDR) Gram-negative antibiotic WCK 6777. The trial will be conducted at NIAID’s Phase I clinical trial units in the USA.
• Unichem Laboratories: Up 3.04%. The company has announced that it has received ANDA approval for its Nebivolol Tablets 2.5 mg, 5 mg, 10 mg, and 20 mg from the United States Food and Drug Administration (USFDA) to market a generic version of Bystolic® (nebivolol) Tablets 2.5 mg, 5 mg, 10 mg, and 20 mg, of Allergan Sales, LLC. Nebivolol Tablets are indicated for the treatment of hypertension. The product will be commercialized from Unichem’s Ghaziabad Plant.
• DCB Bank: Up 1.13%. The new-generation private sector bank, today announced the opening of its 50th branch in Odisha – at Chandrasekharpur, a resident and commercial locality in the capital city Bhubaneswar.
• Rane Holdings: Up 1%. Promoter & Promoter Group has acquired (creeping acquisition) 1,80,000 equity shares of Rs 10 each fully paid up (2.33%) in its subsidiary Rane Brake Lining Limited (RBL) through open market purchase. The aggregate equity shareholding of RHL in RBL post this acquisition stands increased from 47.70% to 50.03%.
• Minda Corporation: Up 1.03%. Ministry of Heavy Industry has approved the company's Production Linked Incentive (PLI) scheme for the automobile industry. 
• ITC Ltd.: Up 1.26%. ITC Limited has acquired 1,040 Compulsorily Convertible Preference Shares of Rs 10 each of Mother Sparsh Baby Care Private Limited (Mother Sparsh). With the aforesaid acquisition, the Company's shareholding in Mother Sparsh aggregates 16% of its share capital on a fully diluted basis.