Ujjivan Finance, Gabriel India to Intellect Design - here are the top Buzzing Stocks today
Certain stocks were in action in either direction based on reports linked to them. Here is a list of some of such stocks.
The benchmark indices recovered from the day's low in the noon deals of Friday, March 4, 2022, but were trading with a fall of around 1%. At 12:53 pm, the S&P BSE Sensex was trading 496.88 points or 0.90% down at 54,605.80. The Nifty 50 index shed 170.50 points or 1.03% to trade at 16,327.55. 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
- Ujjivan Finance: Up 10.82%.
- Ujjivan Small Finance Bank: Up 6.49%.
- Dr Reddy's: Up 2.37%.
- PPAP Auto: Up 3.21%.
- CEAT: Up 1.88%.
- EID Parry: Up 1.95%.
- BEL: Up 1.05%.
- UltraTech Cement Ltd: Up 1.41%.
- Jindal Stainless: Up 1.01%.
- Thermax: Up 1.78%.
- Career Point: Up 1.56%.
- Aster DM Health: Up 1.77%.
- Healthcare Global: Up 3.09%.
- Kernex Microsystems: Up 5%.
- Triveni Engineering: Up 3.40%.
- Insecticides India: Up 1.87%.
- GNFC: Up 1.81%. Meanwhile, the stock hit the life high of Rs 605 earlier in the intraday trade today.
- Selective Hotel Stocks: On a move. Stocks like Kamat Hotels - up 2.62%; Oriental Hotels - up 2.02%; ITC - up 1.19%; and Royal Orchid - up 1.29% were trading with decent gains.
Declining Stocks
- Godfrey Phillips: Down 1.59%.
- PVR: Down 2.31%.
- Hindalco: Down 2.47%. Meanwhile, the stock hit the life high of Rs 618 earlier in the intraday trade today.
- Oil & Gas Stocks: Under pressure. Stocks like ONGC - down 3.26%; MRPL - down 2.74%; IGL - down 2.42%; Gujarat Gas - down 2.09%; Reliance Industries - down 1.61%; GAIL - down 1.48% and Indian Oil - down 1.35% were trading in negative territory.
- Consumer Durables Stocks: Under pressure. Stocks like Titan - down 3.72%; Amber Enterprises - down 3.64%; Voltas - down 3.49%; Crompton Greaves - down 3.60%; Havells - down 3.50% and Relaxo - down 2.79% were trading in a negative territory.
- Banking Stocks: Under pressure. Stocks like Bandhan Bank - down 3.77%; Axis Bank - down 3.47%; AU Small Finance Bank - down 3.36%; RBL Bank - down 3.28%; Kotak Bank - down 2.75%; IDFC First Bank - down 2.16%; IndusInd Bank - down 2%; HDFC Bank - down 1.57% and ICICI Bank - down 1.34% and SBI - down 1.33% were trading in negative territory.
- Financial Services Stocks: Under pressure. Stocks like Cholamandalam Finance - down 3.51%; Bajaj Finance - down 3.23%; ICICI Prudential - down 2.79%; Bajaj Finserv - down2.73%; Muthoot Finance - down 2.65% and HDFC - down 2.08% were trading in a negative territory.
- Metal Stocks: Under pressure. Stocks like JSW Steel - down 3.54%; Vedanta - down 3.40%; Jindal Steel - down 3.10%; Coal India - down 2.91%; Hindustan Zinc - down 2.89%; National Aluminium - down 2.87% and SAIL - down 2.82% were trading in a negative territory.
- Auto Stocks: Under pressure. Stocks like Ashok Leyland - down 6.03%; Maruti Suzuki - down 5.23%; Eicher Motors - down 3.84%; Hero MotoCorp - down 3.74%; M&M - down3.54%; TVS Motor - down 3.50%; Tata Motors - down 3.03% and Bajaj Auto - down 2.02% were trading in a negative territory.
- Pharma Stocks: Under pressure. Stocks like Biocon - down 2.84%; Divi's Laboratories - down1.70%; APL Ltd - down1.46%; Glenmark - down 1.39%; IPCA Laboratories - down1.37%; Aurobindo Pharma - down1.29% and Lupin - down1.27% were trading in a negative territory.
- Realty Stocks: Under pressure. Stocks like Godrej Properties - down 5.64%; Indiabulls Real Estate - down3.58%; DLF - down3.04%; Macrotech Developers - down 3.01%; Sobha - down 2.04% and Prestige Estate - down 1.55% were trading in a negative territory.
- Healthcare Stocks: Under pressure. Stocks like Apollo Hospitals - down 3.27%; Metropolis - down 3.11%; Lal Path Labs - down 1.59% and Cadila Healthcare - down 1.22% were trading in negative territory.
- FMCG Stocks: Under pressure. Stocks like Hindustan Unilever - down 5.47%; UBL - down 4.62%; Varun Beverages - down 3.95%; United Spirits - down 3.81%; Procter & Gamble Hygiene - down 3.70%; Tata Consumer - down 3.07%; Dabur - down 2.84%; Godrej Consumer - down2.79% and Radico Khaitan - down2.40% were trading in a negative territory.
- Telecom Stocks: Under pressure. Stocks like Vodafone Idea - down 5.41%; Tata Communication - down 1.10%; Bharti Airtel - down 2.50%; MTNL - down 1.75%; Reliance Industries - down 1.53%; Indus Towers - down 1.06% and Universal Cables - down 1.28% were trading in negative territory.
- Tyre Stocks: Under pressure. Stocks like Apollo Tyres - down 3.66%; Balkrishna Industries - down 1.82%; Birla Tyres - down 1.81% and JK Tyre - down 1.24% - were trading in negative territory.
- Tour & Travel Stocks: Under pressure. Stocks like IRCTC - down 5.90%; International Travel House - down 2.84%; Thomas Cook - down 1.75%; ITDC - down 1.48%; and Easy Trip Planners - down 1.26% were trading in negative territory.
- Textile Stocks: Under pressure. Stocks like VIP Clothing - down 4.74%; Mayur Uniquoters - down 3.76%; Raymond - down 3.43%; Mafatlal Industries - down 3.73%; Lux Industries - down 2.37%; Monte Carlo - down 1.93% and Page Industries - down 2.31% among others were trading in negative territory.
- Tea & Coffee Stocks: Under pressure. Stocks like CCL Products - down 4.10%; McLeod Russel - down 3.79%; Tata Consumers - down 2.55%; Tata Coffee - down 1.63%; Bombay Burmah - down 1.39% and Harrisons Malayalam - down 1.02% were trading in negative territory.
- Tata Group Stocks: Under pressure. Stocks like Titan - down 2.88%; Tata Consumer - down 2.55%; Tata Motors - down 3.24%; Voltas - down 3.49%; Tata Motors DVR - down 2.94%; Indian Hotels - down 3.25% and Tata Power-down 1.32% were trading in negative territory.
- Sugar Stocks: Under pressure. Stocks like Rana Sugar - down 1.98%; Andhra Sugars - down 1% and Kothari Sugar - down 1.41% were trading in negative territory.
- Shipping Stocks: Under pressure. Stocks like SCI - down 5.02%; SEAMEC - down 4.95%; Essar Shipping - down 1.18%; GE Shipping - down 1.57%; and Mazagon Dock - down 2.34% were trading in negative territory.
- Retail Stocks: Under pressure. Stocks like AB Fashion - down 3.01%; Avenue Supermarts - down 2.23% and Trent - down 2.67% were trading in negative territory.
- Restaurant & QSR Stocks: Under pressure. Stocks like Jubilant FoodWorks - down 3.75%; Barbeque Nation - down 1.98%; Devyani International - down 2.01%; Coffee Day - down 1.59% and Speciality Restaurants - down 3.22% were trading in negative territory.
Stocks that made 52-week low today
- Shree Cement: Down 1.31%. Meanwhile, the stock hit the 52-week high of Rs 22,116.65 earlier in the intraday trade today.
- HUL: Down 4.32%. Meanwhile, the stock hit the 52-week high of Rs 1,975.25 earlier in the intraday trade today.
- HDFC: Down 2.08%. Meanwhile, the stock hit the 52-week high of Rs 2,203 earlier in the intraday trade today.
- HDFC Bank: Down 1.57%. Meanwhile, the stock hit the 52-week high of Rs 1,336.90 earlier in the intraday trade today.
- Eicher Motors: Down 3.84%. Meanwhile, the stock hit the 52-week high of Rs 2,300 earlier in the intraday trade today.
- Britannia: Down 0.21%. Meanwhile, the stock hit the 52-week high of Rs 3,275 earlier in the intraday trade today.
- NALCO: Down 2.95%. Meanwhile, the stock hit the 52-week high of Rs 132.70earlier in the intraday trade today. In fact, it is the highest level after 2008.
Stocks in News
- Intellect Design Arena Ltd: Up 3.82%. A cloud-native, future-ready multi-product FinTech company for the world’s leading central banks, financial and insurance clients, today announced that the Reserve Bank of India has chosen Intellect to implement the upgraded version of the award-winning Cloud-Native Intellect Quantum Core Banking solution to power the next stage of their digital transformation agenda.
- Wockhardt Ltd.: Up 1.62%. The pharmaceutical firm on Thursday said that its rights issue will open from March 15-22, 2022. Eligible investors will receive three shares for every 10 shares held as of the record date. The rights shares will be issued at Rs 225 per fully paid-up share.
- LT Foods Ltd.: Up 2.43%. LT Foods Americas Inc., a Material Wholly-owned Subsidiary of LT Foods Limited, has acquired a 51% stake in Golden Star Trading, Inc. along with its brand Golden Star with a call option to further acquire a 49% stake at end of three years.
- Gabriel India: Up 2.52%. HDFC Asset Management Company through its schemes acquired an additional 2.13% stake via open market transactions on March 2, 2022. With this, HDFC AMC's shareholding in the company now stands at 9.17% against 7.04% earlier
- USHA MARTIN LTD.: Up 2.32%. Peterhouse Investments and other promoters have sold 3,00,000 shares (0.10% stakes) of the company on March 2, 2022.
- Hero MotoCorp: Down 3.41%. The world’s largest manufacturer of motorcycles and scooters today unveiled Vida, Powered by Hero, a brand-new identity for its emerging mobility solutions, including upcoming Electric Vehicles (EV).
- Vodafone Idea: Down 5.41%. The Board of Directors of the company on Thursday approved a plan to raise up to Rs 14,500 crore from its promoters – UK’s Vodafone Group and India’s Aditya Birla Group (ABG) and external investors. The company will raise up to Rs 4,500 crore through issuance of upto 3,38,34,58,645 equity shares at an issue price of Rs 13.30 per equity share to its promoters or its related entities. The board also cleared raising another Rs 10,000 crore via equity and debt instruments. Besides, Mr. D. Bhattacharya has resigned from the Board of the Company with effect from close of business hours on March 2, 2022, citing personal reasons. The Board has appointed Mr. K.K. Maheshwari, a nominee of Aditya Birla Group, as an Additional Director (Non-Executive and Non-Independent) with effect from March 3, 2022.
- M&M Finance: Down 1.23%. In February 2022, the business continued its momentum with the disbursement of approximately Rs 2,733 Crore delivering a 44% YoY growth. The collection efficiency (CE) was at 98% for February 2022, the same as February 2021. The positive trend in collections led to a month-on-month improvement in Asset Quality. Stage 2 and Stage 3 have shown a visible improvement. The company expects further improvement in Stage 2 and Stage 3 numbers by end of March 2022. The Company is confident of meeting its commitment to bring the Net Stage 3 below 4% by year-end. During February, the Company continued to enjoy a comfortable liquidity position on its Balance Sheet, with a liquidity chest of over 3 months.
- Themis Medicare Ltd.: Down 3.40%. In a landmark development, the Company has received approval for its immunomodulatory antiviral drug VIRALEX (Generic name: Inosine Pranobex) for treatment of COVID-19, from the Drug Controller General of India (DCGI). The drug regulatory authority granted permission to manufacture and market this new drug for restricted emergency use as add on therapy for the treatment of mild and moderate COVID-19. VIRALEX would be available on prescription.
- KEC International: Down 1.44%. A global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,131 crores across its various businesses namely Transmission & Distribution (T&D), Railways, Civil and Cables.
- Vedanta: Down 2.69%. Societe Generale sold 2.24 shares at Rs 391.74/share.
- Stovekraft: Down 3.18%. SCI Growth Investments sold 24,69,853 Shares at Rs 645.35/share. Nippon India Mutual Fund bought 310,078 shares. PGIM India Mutual Fund bought 697,674 shares. Bengal Finance and Investment bought 930,232 shares.
- Mahindra Lifespace Developers Ltd: Down 1%. The real estate and infrastructure development arm of the Mahindra Group has announced the launch of a new residential project at Kalyan, Mumbai Metropolitan Region named ‘Mahindra Happinest Kalyan – 2’.
- IndiaMART InterMESH Limited: Down 1.84%. The largest B2B marketplace of India has entered into an agreement to invest 10% of the share capital (on a fully diluted basis) of Zimyo Consulting Private Limited. It will invest Rs 17.01 crore in Zimyo Consulting, the company engaged in a business of offering SaaS-based human resource management software for the companies. The deal will be completed in the next 45 days.
- Medplus Health Services Ltd: Down 4.09%. The company has announced the launch of its Diagnostic Centre at Gachibowli Hyderabad with necessary PNDT and AERB approvals. It would include radiology and pathology services and is an extension within the existing Labs segment.
- Eveready Industries India Ltd: Down 1%. Mr. Aditya Khaitan and Mr. Amritanshu Khaitan have tendered their resignations from the Board, as Non-Executive Director and Chairman and as Managing Director of the Company, respectively, w.e.f. March 3, 2022. Mr. Suvamoy Saha, Joint Managing Director of the Company will assume the responsibilities as the Managing Director.
- AIA Engineering Ltd: Down 3.59%. The Company has evaluated the impact of the ongoing Russia-Ukraine Conflict on its Business Performance and Financials, both qualitatively and quantitatively, to the extent possible. The Company finds that there will be no material impact of the aforesaid Conflict on its Exports since on an annual basis, its sales to this region are only around 2% of our total Export Sales. Likewise, there is no material exposure concerning our raw material or other procurement linked supply chains.
- EIH LTD.: Down 1.77%. The Board of Directors has approved the sale of the assets of the EIH Press unit, located at Manesar, Haryana, subject to necessary approvals, if any, at a sale consideration of approximately Rs 94.50 crore.
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02:14 PM IST