RPP Infra Projects, Vodafone Idea to Paper Stocks - here are top Buzzing Stocks today
At 12:53 pm, S&P BSE Sensex was trading 186.7 points or 0.32% lower at 58,092.78. The Nifty 50 index was down by 53.60 points or 0.31% and was trading at 17,308.50.
Domestic equity markets were trading with minor losses on Wednesday’s noon deals. At 12:53 pm, S&P BSE Sensex was trading 186.7 points or 0.32% lower at 58,092.78. The Nifty 50 index was down by 53.60 points or 0.31% and was trading at 17,308.50. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of few such stocks:
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Stocks in News
RPP Infra Projects: Up 7.37%. The Board of Directors of the Company is scheduled to meet on September 13, 2021, to consider, discuss and decide, the Rights Issue size, total number of Rights Equity Shares, Rights Issue price, record date to determine the equity shareholders eligible to apply for the Rights Equity Shares, Rights Issue period.
Caplin Point: Up 1.21%. Caplin Steriles gets USFDA approval for Labetalol Hydrochloride Injection USP.
Ramkrishna Forgings: Up 1.73%. Wins First Export order worth INR 130 crore from an OEM in a CIS country (Euro 5 million per annum for 3 years).
Delta Corp: Up 0.99%. The government of Nepal has issued relaxations in the country, so, the casino operated by Delta Corp’s subsidiary in Kathmandu will resume operations from September 8, 2021, in accordance with applicable safety norms/guidelines prescribed by the Government of Nepal.
RailTel: Up 1.07%. RailTel Corporation of India Ltd. has received an additional order from Indian Railways for the implementation of the "Hospital Management Information System' (HMIS) over Indian Railways at the cost of Rs. 42.38 Crore (Inclusive of GST). The work is to be implemented over one year with further upgrades & support for 5 years.
EID Parry: Up 0.54%. The Board of Directors on Tuesday approved the setting up of a 120 KLPD Grain/Sugar Syrup/Molasses based Distillery at the Company's Sankili unit in Andhra Pradesh. The company will invest Rs 92.50 crore in the project.
Panacea Biotech + DRL: Panacea Biotech (down 3.39%) has started supplying Sputnik V to India. Dr Reddy’s Laboratories (up 0.42%) is the sole distributor of Sputnik V in India under an agreement with the Russian Direct Investment Fund (RDIF).
TVS Motor: Down 1.54%. TVS Motor Company expands and strengthens its presence in South Africa. The two-wheeler and three-wheeler manufacturers globally announced their new distribution partnership with ETG Logistics (ETGL). ETGL will operate 30 dealerships for TVS Motor Company in South Africa as part of this partnership.
Wipro Limited: Down 1.56%. The company has announced a partnership with Securonix to Boost Wipro’s Global Prevention, Detection and Response Capabilities.
PSP Projects: Up 1.30%. The company has received a Letter of Intent (LOI) for projects worth Rs 132.57 crore towards the industrial and precast segment from different clients in Gujarat.
Arvind SmartSpaces: Down 1.23%. The Board of Directors of the Company is scheduled to meet on September 10, 2021, to consider and approve the proposal for raising funds by way of issue of one or more instruments including equity shares, convertible securities of any description or warrants or debt securities, through preferential issue, private placements, rights issue or any other methods or combination thereof.
Jain Irrigation: Up 4.99%. The Board of Directors of the company has approved the restructuring of its credit facilities worth Rs 4,000 crore received from the lead bank, i.e., State Bank of India and few other banks of consortium. Besides, the board also approved the plan to raise Rs 270 Cr through the issue of Ordinary Equity Shares and/or Equity Share Warrants on a preferential allotment basis.
Websol Energy System Ltd.: Up 0.75%. The Board of Directors of the Company is scheduled to meet on September 11, 2021, to consider and approve the conversion of warrant and FCCB into equity shares.
Bulk Deals
Olectra Greentech: Up 4.99%. Nomura India Investment Fund Mother Fund bought 28.2 lakh shares at Rs 321 per share. Promoter Goldstone Power sold 28.20 lakh shares (3.44%) at Rs 321 per share.
Stove Kraft: Up 0.36%. Sequoia Capital sold 8.06 lakh shares at Rs 932.92 per Share (Complete exit). HSBC Global Investment Funds bought 5.37 lakh shares at Rs 929.85 per share.
Buzzing Stocks
Vodafone Idea: Up 6.67%.
Arvind Ltd.: Up 5.69%.
Arvind Fashion: Up 2.57%.
BSE Ltd.: Up 3.56%.
Zen Technologies: Up 5%.
McDowell Holdings: Up 9.90%.
Oil India: Up 4.35%.
Grasim: Up 2.93%.
Bombay Dyeing: Up 1.42%.
Asian Granito: Up 10.07%.
Alembic Ltd: Up 7.97%.
UTI AMC: Up 2.41%.
Edelweiss Financial Services: Up 3.59%.
HOEC: Up 9.73%.
ITI Ltd.: Up 3.38%.
APL Apollo: Up 3.69%.
SCI: Up 2.11%.
Trident: Up 3.39%.
IB Real Estate: Up 3.24%.
CDSL: Up 5%.
BSL International: Up 7%.
Affle India: Up 5%.
Dishman Carbogen: Up 2.78%.
Smartlink Holdings: Up 15.76%.
D Link India: Up 7.93%.
Symphony: Up 1.92%.
Tour & Travel Stocks: Moving up. Stocks like Mahindra Holidays – up 6.88%; International Travel House – up 4.12% and Easy Trip Planners – up 1.84% were trading higher.
Optical Fiber Stocks: Moving up. Stocks like Vindhya Telelinks – up 9.95%; Sterlite Technologies – up 2.86%; Tejas Network – up 4.99% were trading higher.
Power & Power Finance Stocks: Moving up. Stocks like Tata Power – up 1.65%; Torrent Power – up 1.58%; REC – up 2.75%; PFC – up 1.92% were trading higher.
Chemical Stocks: Moving up. Stocks like Bodal Chemicals – up 5.52%; Thirumalai Chemicals – up 5.94%; UPL – up 1.77%; Himadri Speciality Chemical – up 0.66%; Neogen Chemicals – up 7.33% were trading higher.
Paper Stocks: Moving up. Stocks like Star Paper – up 3%; JK Paper – up 6.10%; Orient Paper – up 2.31%; Malu Paper – up 2.15%; Pudumjee Paper – up 2.12%; West Coast Paper – up 1.80%; Tamilnadu Newsprint & Papers – up 1.34% were trading higher.
Stocks at Life Highs
Info Edge: Up 8.14%. Meanwhile, the stock hit a life high of 6,718.35 earlier in the intraday trade today.
P&G Hygiene: Down 2.01%. Meanwhile, the stock hit a life high of 14,400 earlier in the intraday trade today.
IRCTC: Up 1.43%. Meanwhile, the stock hit a life high of 3,422.65 earlier in the intraday trade today.
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02:08 PM IST