Polyplex Corp, Greaves Cotton to Sugar Stocks - here are the top Buzzing Stocks today
At 1:12 pm, the S&P BSE Sensex was trading at a loss of 557.37 points or 0.96% at 57,306.56.
The domestic equity barometers were tumbled and were trading with a loss of around one per cent in the noon deals of Monday, March 21, 2022. At 1:12 pm, the S&P BSE Sensex was trading at a loss of 557.37 points or 0.96% at 57,306.56. The Nifty 50 index was 157.80 points or 0.91% down at 17,129.25. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of some of such stocks:
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Buzzing Stocks
Sun Pharma: Up 1.60%. Meanwhile, the stock hit the 6.5 year high of Rs 931 per share in the intraday trade today.
Polyplex Corp: Up 6.03%. Meanwhile, the stock hit the life high of Rs 2,354.95 per share in the intraday trade today.
Titan: Up 1.62%. Meanwhile, the stock hit the life high of Rs 2,768 per share in the intraday trade today.
GNFC: Up 1.94%. Meanwhile, the stock hit the life high of Rs 785 per share in the intraday trade today.
GSFC: Up 0.75%. Meanwhile, the stock hit the life high of Rs 151.35 per share in the intraday trade today.
Kennametal India: Up 3.47%.
Sobha: Up 1.82%.
MTNL: Up 2.56%.
Shoppers Stop: Up 2.72%.
R Systems: Up 11.31%.
Maruti Suzuki: Up 2.11%.
UTI AMC: Up 1.98%.
Uflex: Up 7.74%.
Greaves Cotton: Up 5.56%.
Venky's: Up 4.20%.
Inox Leisure: Up 5.28%.
ONGC: Up 1.88%.
ICICI Securities: Up 2.89%.
Edelweiss Financial: Up 2%.
Religare Enterprises: Up 1.49%.
Metal Stocks: On a move. Stocks like Vedanta - up 6.17%; National Aluminium - up 4.75%; Coal India - up 4.47%; Welspun Corp - up 3.44%; APL Apollo - up 3.38%; Jindal Steel - up 3.01%; Hindalco - up 2.88%; SAIL - up 2.19% and Tata Steel - up 1.78% were trading with decent gains.
Pharma Stocks: On a move. Stocks like Aurobindo Pharma - up 6.85%; Strides Pharma - up 5.53%; Glenmark - up 3.57%; Granules - up 3.57%; APL Ltd - up 3.39%; Pfizer - up 3.05% and Laurus Labs - up 2% were trading with decent gains. Aurobindo Pharma, Torrent Pharma & Granules India have signed a sub-license agreement to use the patents and know-how about compound nirmatrelvir with Medicine Patent Pool (MPP). Under the agreement, these companies will be able to manufacture and supply the sub-license agreement. The MPP has signed the pact with 95 countries including India. Rest of the stocks were reacting to the same update.
Consumer Durable Stocks: On a move. Stocks like Titan - up 1.62%; Bata India - up 1.12%; Amber Enterprises - up 1.07% were trading with decent gains.
Petro Product Stocks: On a move. Stocks like Supreme Petrochem - up 4.46%; Tamilnadu Petroproducts - up 4.30% and Andhra Petrochemicals - up 2.34% were trading with decent gains.
Paper Stocks: On a move. Stocks like West Coast Paper - up 5.21%; JK Paper - up 3.77%; Andhra Paper - up 3.50%; Tamilnadu Newsprint - up 2.57%; Malu Paper - up 2.21% and Star Paper - up 2.02% were trading with decent gains.
Packaging Stocks: On a move. Stocks like Uflex - up 7.74%; Polyplex Corp - up 6.03%; and Ester Industries - up 2.99% were trading with decent gains.
Offshore Drilling Stocks: On a move. Stocks like Selan Exploration - up 19.98%; Jindal Drilling - up 9.99%; Asian Energy Services - up 8.75%; United Drilling - up 2.80% and Aban Offshore - up 1.79% were trading with decent gains.
Agri Stocks: On a move. Stocks like Aries Agro - up 10.26%; Avanti Feeds - up 2.14% and UPL Ltd. - up 1.44% were trading with decent gains.
Auto Ancillary Stocks: On a move. Stocks like Auto Axle - up 5.88%; Timken India - up 2.47%; Schaffler India - up 2.07%; Suprajit Engineering - up 2.82%; Munjal Auto - up 1.20%; Wabco India - up 1.54% and PPAP Automotive - up 1% were trading with decent gains.
Oil & Gas Stocks: On a move. Stocks like Oil India - up 4.48%; GSPL - up 2.09%; ONGC - up 2.06% and MRPL - up 1.21% were trading with decent gains.
Sugar Stocks: Stocks like Balrampur Chini - up 6.59%; Damia Bharat Sugar - up 4.52%; Mawana Sugar - up 4.21%; Dwarikesh Sugar - up 3.26%; Andhra Sugars - up 2.77% and Dhampur Sugar - up 2.29% were trading with decent gains. Union Road Transport and Highways Minister, Nitin Gadkari in his address at the Sugar and Ethanol India Conference (SEIC) 2022 in Mumbai said the decline in sugar production and rise in ethanol production is better for the industry. Toyota, Hyundai and Suzuki have assured to launch flex engines in 6 months. He added Biofuel outlets will be opened for ethanol. He recounted those two years back during the Republic Day Parade in Delhi, the fighter jets which did the flypast had 100% bio-ethanol.
Falling Stocks
Camlin Fine Sciences: Down 1.57%.
DSW Ltd.: Down 1.14%.
IFB Industries: Down 2.86%.
TTK Prestige: Down 1.92%.
Umang Dairies: Down 2.49%.
Vadilal Industries: Down 1.97%.
Vijaya Diagnostics: Down 2.25%.
V-Guard: Down 1.73%.
IFB Agro: Down 2.53%.
VIP Clothing: Down 2.67%.
Adani Transmission: Down 4.07%.
Hotel Stocks: Under pressure. Stocks like Orient Hotels - down 4.28%; Lemon Tree Hotels - down 3.89%; EIH - down 3.09%; Kamat Hotels - down 3.11% and EIH Associated - down 2.99% were trading in the negative territory.
Housing Finance Stocks: Under pressure. Stocks like Aavas Financiers - down 2.57%; Indiabulls Housing Finance - down 2.67%; Can Fin Homes - down 1.87%; and Aptus Value Housing - down 2.32% were trading in the negative territory.
Banking Stocks: Under pressure. Stocks like Bandhan Bank - up 2.11%; SBI - down 1.80%; Kotak Bank - down 1.70%; IndusInd Bank - down 1.55% and Axis Bank - down 1.14% were trading in the negative territory.
Auto Stocks: Under pressure. Stocks like Eicher Motor - down 1.99%; M&M - down 1.47%; Ashok Leyland - down 1.05% and Tata Motors - down 0.67% were trading in the negative territory.
Financial Services Stocks: Under pressure. Stocks like Shriram Transport Finance - down 3.32%; Cholamandalam Investment - down 2.59%; SBI Life - down 2.25%; ICICI Lombard - down 1.34% and ICICI Prudential Life Insurance - down 0.99% were trading in the negative territory.
FMCG Stocks: Under pressure. Stocks like Godrej Consumer - down 3.27%; Britannia - down 2.07%; Tata Consumer - down 1.85%; Marico - down 1.67%; Varun Beverages - down 1.46%; Hindustan Unilever - down 1.46% and Nestle India - down 1.34% were trading in the negative territory.
Realty Stocks: Under pressure. Stocks like Sunteck Realty - down 2.08%; Prestige Estate - down 1.70%; Indiabulls Real Estate - down 1.67% and Brigade Enterprises - down 1.59% were trading in the negative territory.
Cement Stocks: Under pressure. Stocks like Sanghi Cement - down 3.13%; ACC - down 2.62%; NCL Industries - down 2.03%; Sahyadri Industries - down 1.74% and India Cement - down 1.93% were trading in the negative territory.
Stocks in News
Maruti Suzuki India: Up 2.11%. Suzuki Motor Corporation (SMC) signed MOU with the State of Gujarat, India to invest approximately 150 billion yen (approximately Rs 10,445 crore) for local manufacturing of electric vehicles (BEV) and BEV batteries. The planned year is 2025-26.
Jubilant Pharmova Ltd.: Up 11.82%. The integrated global pharmaceuticals company has announced that Jubilant Pharma Limited, a material wholly-owned subsidiary of the company, through one of its subsidiaries, Jubilant Cadista Pharmaceuticals Inc. has received Abbreviated New Drug Application (ANDA) final approval for Doxepin Hydrochloride Capsules, 10 mg, 25mg, 50mg, 75mg, and 100mg, the generic version of Sinequan, which is used for the treatment of anxiety, depression, and other target symptoms of psychoneurosis.
Wockhardt Ltd: Up 12.10%. The company, through its subsidiary, has entered into a collaboration agreement with Serum Life Sciences Ltd, UK, a subsidiary of the Serum Institute of India, one of the world’s largest vaccine manufacturers to deliver a global vaccine programme from its New Facility in the UK. The collaboration will result in a profit-sharing arrangement between the two parties that will deliver upto an additional 150 million vaccine doses of multiple vaccines each year.
Thermax Limited: Up 3.26%. The company has concluded an order of Rs 1,176 crore from an Indian public sector refinery to set up their Sulphur Recovery Block on LSTK basis. The Sulphur Recovery Block includes 2 x 240 TPD Sulphur Recovery Unit (SRU) along with Tail Gas Treatment Unit (TGTU), 690 TPH Amine Regeneration Unit (ARU), 200 TPH Sour Water Stripper – phenolic and 95 TPH Sour Water Stripper non-phenolic.
Dhanlaxmi Bank Limited: Up 1.17%. The Board of Directors at its meeting held on March 17, 2022, has inter-alia considered and approved the augmentation of paid-up capital by issue of equity shares on a rights basis for an aggregate amount not exceeding Rs 130 crore (including premium) to the eligible Shareholders of the Bank. The further details of the Rights issue including the pricing of the issue, record date, ratio and other details will be informed in due course.
Strides Pharma Science Ltd: Up 5.34%. Akston Biosciences and Biolexis collaborated to launch a room temperature stable 2nd generation COVID-19 vaccine in 130+ Countries. The two companies have entered into a licensing, manufacturing and commercialization agreement for Akston’s AKS-452, a protein subunit COVID-19 vaccine. Under the agreement, Biolexis gains the right to manufacture and commercialize AKS-452 (branded as AmbiVax-CTM) in India and over 130 countries in Asia, Latin America, and Africa largely covering the low-and-middle-income countries (LMICs). Akston Biosciences Corporation is a developer of new classes of biologic therapeutics, and Biolexis, a division of Stelis Biopharma Limited (Stelis). Strides have demerged its biotech business into Stelis Biopharma in February 2021.
Ruchi Soya Industries: Down 8.69%. The edible oil maker has fixed a price band of Rs 615-650 per share for its follow-on-public offering (FPO) that seeks to raise Rs 4,300 crore. The FPO will remain open between March 24-28, 2022. The minimum bid lot shall be 21 and in multiples of 21 Equity Shares thereafter. The retail quota of the offer has been reserved at 35%.
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01:35 PM IST