Solara Active Pharma, JSW Steel, Adani Enterprises to NMDC - here are top Buzzing Stocks today

The domestic benchmark indices were trading at a fall of over 3.20 per cent in Monday's noon deals. The markets recorded a massive fall today as India recorded a massive surge of 1.69 lakh COVID-19 cases in the last 24 hours following which curbs were imposed in different parts of the country to contain the spread of the virus. At 12:43 pm, the S&P BSE Sensex was trading 1626.83 points or 3.28% lower at 47,964.49 and Nifty 50 was trading with a fall of 483.40 points or 3.26% at 14,352.45. 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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Solara Active: Bullish and trading 6.84% up. The company said it has approved the amalgamation with Aurore Life Sciences (Aurore), Empyrean and Hydra in an all-stock transaction.

Dr Reddy’s Laboratories: Up 2.67%. Reddy’s ahead of the scheduled meeting on the vaccine. 

Adani Enterprises: Hit a down circuit of 10% and trading 10.49% down. Flipkart enters into Strategic Partnership with Adani Group to Strengthen Logistics and Data Centre Capabilities'.

Praj Industries: Down 5.21%. Praj Industries has bagged an order to set up India’s largest capacity syrup-based ethanol plant from a Godavari Biorefineries Ltd (GBL) in Karnataka.

JMC Projects: Down 6.62%. The leading Civil Engineering and EPC Company have secured new orders of Rs 1,262 crore. The Company has received orders of Rs 431 crore in March 2021 and Rs 831 crore in April 2021, to date. JMC Projects is a subsidiary of Kalpataru Power Transmission Limited.

NMDC: Down 5.99%. Board is scheduled to meet next week to take a call on dividend, sources aware of the development informed Zee Business. The government said to consider a 300% dividend. 

Surya Roshni: Down 8.57%. Received order of Rs 299.07 cr. (excluding GST) for 3lpe coated API pipes from Numaligarh Refinery Limited (NRL).

JSW Steel Limited: Down 1.83%. LIC increases its stakes in Q4FY21 from 4.02% to 4.8%. 

Man Industries: Down 2.79%. The company has received a new order worth Rs 766 crores from the domestic Hydrocarbon Sector. With this new order, the unexecuted order book as of date stands at approximately Rs 1,900 crores to be executed in the current financial year.