Swan Energy, Sugar Stocks to Rane Madras - here are the top Buzzing Stocks today

The benchmark indices were trading at the day’s low with major losses on Thursday, January 6, 2022, which is the day for the first weekly closing of the year. At 12:46 pm, the S&P BSE Sensex was trading 805.11 points or 1.34% at 59,418.04. The Nifty 50 index fell 232.40 points or 1.30% at 17,692.85. But certain stocks came in the news after the market was closed. 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 

Swan Energy: Up 14.71%. 
Thermax: Up 3.91%. 
Hudco: Up 3.50%. 
HP Adhesives: Up 4.99%.   
Supriya Lifescience: Up 3.34%.  
Mirza International: Up 5.30%. 
KPIT Technologies: Up 1.14%. 
Fino Payment: Up 1.07%. 
NALCO: Up 1.07%. 
Wockhardt: Up 1.29%. Rises before fundraising. 
RBL Bank: Up 1.39%. 
NBCC: Up 4.40%. 
Rain Industries: Up 1.85%. 
Kopran: Up 1.35%. 
Tanla Platforms: Up 2.36%. 
AB Capital: Up 1.82%. 
Poonawalla Fincorp: Up 1.03%. 
Talbros Auto: Up 10.65%. 
Royal Orchid: Up 3.61%. 
Sugar Stocks: On a move. Stocks like Triveni Engineering – up 2.70%; Dwarikesh Sugar – up 5.34%; Balrampur Chini – up 1.27% and Mawana Sugars – up 1.98% were trading with gains. Union Government has issued guidelines for restructuring sugar development fund (SDF) Loans under Rule 26 of the SDF Rules 1983. Under the guidelines, the loans taken by the sugar mills will be restructured providing eligible defaulting factories with a two-year moratorium and repayment time of five years. 

Falling Stocks 

PTC India: Down 1.18%. 
Sumitomo Chemical: Down 1.41%. 
Tube Investment: Down 5.96%. 
Spandana Rasayan: Down 1.01%. 
Bharat Rasayan: Down 2.25%. 

Restaurant and QSR Stocks: Falling. Stocks like Jubilant Foodworks – down 2.22%; Devyani International – down 2.18% and Barbeque Nation – down 1.340% were trading in negative territory. 

Realty Stocks: Falling. Stocks like Phoenix Mills – down 3.97%; Brigade Enterprises – down 3.53%; Macrotech Developers – down 2.34%; DLF – down 1.96% and Godrej Properties – down 1.92% were trading in negative territory. 

FMCG Stocks: Falling. Stocks like Varun Beverages – down 3.69%; Nestle India – down 1.76%; Colgate Palmolive – down 1.28%; Hindustan Unilever – down 1.15% and ITC – down 1% were trading in negative territory. 

Oil & Gas Stocks: Falling. Stocks like Reliance – down 2.01%; Castrol India – down 1.73%; GSPL – down 1.55%; ONGC – down 0.96% and BPCL – down 0.43% were trading in negative territory. 

Healthcare Stocks: Falling. Stocks like Metropolis – down 1.81%; Divi’s Laboratories – down 1.29%; Glenmark – down 0.95%; Torrent Pharma – down 0.94% and Sun Pharmaceutical – down 0.91% were trading in negative territory. 

IT Stocks: Falling. Stocks like Mphasis – down 2.34%; Infosys – down 2.28%; Larsen & Toubro – down 2.22%; HCL Technologies – down 2.07%; Tech Mahindra – down 2.01%; Mindtree – down 1.82% and TCS – down 1.78% among others were trading in negative territory. 

Banking Stocks: Falling. Stocks like Kotak Bank – down 1.92%; HDFC Bank – down 1.78%; Bandhan Bank – down 1.40%; ICICI Bank – down 0.88% and AU Small Finance Bank – down 0.85% were trading in negative territory. 

Auto Stocks: Falling. Stocks like Tata Motors – down 0.85%; Ashok Leyland – down 0.61%; M&M – down 0.51% and Hero MotoCorp – down 0.46% were trading in negative territory. 

Financial Services Stocks: Falling. Stocks like Bajaj Finserv – down 0.88%; SBI Life – down 0.81%; Muthoot Finance – down 0.47% were trading in negative territory. 

Stocks in News 

ACC: Down 1.50%. LIC reduced its stakes to 5.66% from 6.14% in December 2021. 

ADF Foods: Up 1%. Gets approval under the production linked incentive (PLI) scheme by the Ministry of Food Processing Industries. 

Rane Madras: Up 12.27%. (Zee Business Exclusively reported that demand for airbags is likely to increase in the recent future as the government may make the availability of six airbags in cars’ compulsory. Sources aware of the development informed Zee Business that six airbags will be made mandatory in mid-range cars and the government may issue a draft notification regarding it in the next few days. According to sources, an official meeting with representatives of Rane Madras, Bosch and Minda Industries has been held. At present, the rule of 2 airbags is mandatory for cars. 

Bharti Airtel: Up 2.14%. Airtel Africa Plc, a subsidiary of Bharti Airtel, has confirmed the first closing of the transaction to sell its telecoms tower assets in Tanzania for $176.1 million (Rs 1,192 crore). Approximately $60 million (Rs 450 crore) from the proceeds will be used to invest in network and sales infrastructure in Tanzania and for distribution to the Government of Tanzania, as per the settlement described in the Airtel Africa IPO Prospectus document published in June 2019. The balance of the proceeds will be used to reduce debt at Airtel Group. 

NHPC: Up 1.11%. Promoters Agreement has been signed on January 4, 2022, between NHPC Limited and Green Energy Development Corporation of Odisha Limited (GEDCOL) for the formation of JV Company for the development of 500 MW floating Solar Power Projects in various water reservoirs in the State of Odisha. Information related to the JV and project was provided on November 11, 2021. 

Spandana Sphoorty: Down 3.05%. The micro-finance company Spandana Sphoorty Financial has reported a loss of Rs 58.87 crore in the September quarter (Q2FY22) on a sharp rise in impairments and other provisions. It had posted a profit of Rs 62.9 crore in the corresponding quarter of the previous year (Q2FY21). Its total income grew by 11.9% to Rs 372.4 crore in the reported quarter against Rs 337.1 crore posted last year. Besides, the board of directors of the company will meet on January 10, 2022, to consider the proposal to raise funds by way of further issue of securities through public and/or private offerings including qualified institutions placement or other permissible modes.  

Fortis Healthcare: Down 2.21%. Malaysian healthcare group IHH Healthcare Berhad said on Wednesday Emqore Envesecure Private Capital Trust is seeking in excess of $6.5 billion ($650 crore) in damages from it and more than two dozen named defendants in a lawsuit. The demand is linked to Indian company Fortis Healthcare. IHH, the largest private healthcare group in Asia, is the largest stakeholder in Fortis Healthcare.