The key equity barometers bounced back from the day's low and were trading with minor gains in early noon deals of Wednesday, February 16, 2022. At 1:03 pm, the barometer index S&P BSE Sensex was trading at with a gain of 921.93 points or 1.63% at 57,327.77. The Nifty 50 index was 270.20 points or 1.60% up and was trading at 17,113. 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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Vedant Fashions: Up 11.39%. Shares of Vedant Fashions, which owns the ethnic wear brand Manyavar, made a decent stock market debut amid volatility in the market. Shares of Vedant Fashions were listed at Rs 936 per share on the BSE against the issue price of Rs 866 at the upper price band. This was at a premium of Rs 70 or 8.08%. On the NSE, shares of Vedant Fashions were listed at a 7.97% premium or higher by Rs 69 to Rs 935 per share on Wednesday. The Rs 3,149 crore initial public offering (IPO) of Vedant Fashions Limited closed on February 8, 2022, with 2.57 times subscription. The portion reserved for Qualified Institutional Buyers (QIBs) was subscribed 7.49 times, while the Non Institutional Investors portion and Retail Individual Investors (RIIs) were subscribed 7.07 times and 0.39 times, respectively.

Buzzing Stocks   

Mawana Sugar: Up 20%.
Va Tech Wabag: Up 10.09%.
Golden Tobacco: Up 7.87%.
Tanla Platform: Up 7.26%.
M&M Finance: Up 6.28%.
Mahindra Lifespaces: Up 5.57%.
LT Foods: Up 2.63%.
SpiceJet: Up 2.42%.
IndiGo: Up 1.18%.
Shriram Transport: Up 3.37%.
GMDC: Up 6.87%.
GNFC: Up 1.44%.
GSFC: Up 6.34%.
Deepak Fertilisers: Up 3.94%.
Venky's: Up 4.70%.
Uflex: Up 3.31%.
Solara Active: Up 6.12%.
SPARC: Up 3.62%.
Abbott India: Up 3.53%.
Grasim: Up 1.97%.
Bajaj Holding: Up 2.83%.
Adani Ports: Up 3.47%.
Divi's Laboratories: Up 2.11%.
M&M: Up 2.40%
Hero MotoCorp: Up 1.79%.
Force Motors: Up 2.31%.
Logistics Stocks: On a move. Stocks like AllCargo Logistics - up 6.51%; Sical Logistics - up 4.56%; VRL Logistics - up 4.15%; Snowman Logistics - up 3.46%; Patel Integrated - up 4.94% and GATI - up 2.95% were trading with decent gains.
Realty Stocks: On a move. Stocks like Godrej Properties - up 3.13%; Macrotech Developers - up 2.58%; Brigade Enterprises - up 1.85%; Indiabulls Real Estate - up 1.84% and Oberoi Realty - up 1.46% were trading with decent gains.
Retail Stocks: On a move. Stocks like Shoppers Stop - up 10.92%; Future Lifestyle - up 4.19%; Future Retail - up 3.92%; Future Enterprises - up 3.39%; Spencer Retail - up 2.71% and V-Mart Retail - up 1.46% were trading with decent gains.
QSR Stocks: On a move. Stocks like Coffee Day - up 9.93%; Burger King - up 3.19%; Sapphire Foods - up 3.47%; Westlife Development - up 2.65% and Mrs Bectors Food - up 2.39% were trading with decent gains.
Footwear Stocks: On a move. Stocks like Mirza International - up 12.13%; Liberty Shoes - up 3.79%; Superhouse Ltd - up 2.99% and Khadim India - up 1.50%were trading with decent gains.
Oil & Gas Stocks: On a move. Stocks like IOC - up 2.19%; ONGC - up 1.68%; BPCL - up 1.53%; Hindustan Petroleum - up 1.61% and IGL - up 1.41% were trading with decent gains.
Auto Ancillary Stocks: On a move. Stocks like Lumax Auto Technologies - up 4.59%; India Nippon Electricals - up 3.80%; Endurance Technologies - up 3.69%; FIEM Industries - up 3.40%; Lumax Industries - up 2.07%; Ramkrishna Forgings - up 2.22% and Minda Corp - up 1.31% were trading with decent gains.
Telecom Stocks: On a move. Stocks like MTNL - up 2.55%; Bharti Airtel - up 1.75% and Vodafone Idea - up 1% were trading with decent gains.

Recent IPOs

Medplus Health: Up 5.56%.
AGS Transact: Up 5.20%.
MapmyIndia: Up 5.28%.
Sansera Engineering: Up 4.39%.
Shriram Properties: Up 3.72%.
Paytm: Up 2.75%.
Supriya Lifescience: Up 3.18%.
Zomato: Up 4.66%.

Declining Stocks

Power Grid: Up 2.83%.
Eicher Motors: Down 1.25%.
Balkrishna Industries: Up 2.14%.
Firstsource Solutions: Up3.30%.
Banking Stocks: Falling. Stocks like SBI - down 1.36%; Bank of Baroda - down 1.91%; ICICI Bank - down 1.23%; AU Small Finance Bank - down 0.87% and HDFC Bank- down 0.56% were trading at loss.
Financial Services Stocks: Falling. Stocks like ICICI Prudential - down 2%; SBI Life - down 0.86% and Bajaj Finance - down 0.64% were trading at loss.

Stocks in News

CRISIL: Up 4.57%. The global analytical company providing ratings, research, and risk and policy advisory services on Tuesday reported a 53.2% YoY rise in the consolidated profit at Rs 168.6 crore for the quarter ended December 31, 2021, compared to Rs 110 crore posted in the year-ago quarter. Revenue from operation grew 18.2% YoY to Rs 706 crore from Rs 597.2 crore posted last year. EBITDA stood at Rs 192.5 crore, up 24.9% YoY against Rs 154.1 crore posted last year. The margins improved to 27.3% in Q3FY22 from 25.8% posted in Q3FY21. Besides, the Board of Directors of the company has also recommended a final dividend of Rs. 22 (including a special dividend of Rs 7), per equity share of the face value of Re 1 each, for the financial year ended December 31, 2021.
Burger King: Up 2.88%. The Fund Raising Committee of the company has fixed an issue price of Rs 129.25 per share (5% discount to the floor price) for its qualified institutional placement (QIP). The issue closed on February 15, 2022. The company has set the floor price at Rs 136.05 per share.
Mitsu Chem Plast Ltd: Up 4.06%. The Board of Directors of our Company on Tuesday approved the proposal to raise funds upto Rs 200 crore by way of issue of equity shares through qualified institutional placement (QIP).
Punjab & Sindh Bank: Up 5.33%. Public sector Punjab & Sind Bank (PSB) on Tuesday said it has declared bad asset IL&FS Tamil Nadu Power Company, with dues of Rs 148.86 crore, as a fraud account and reported it to the Reserve Bank. As per the bank's policy on determination and disclosures on material events, PSB said it has declared this non-performing account (NPA) as a fraud account. The bank said it has already made provisions amounting to Rs 59.54 crore, as per the prescribed prudential norms.
Amara Raja Batteries: Up 1.81%. The Hon’ble High Court of Andhra Pradesh has extended the interim suspension of said closure orders of Andhra Pradesh Pollution Control Board (APPCB) by four weeks. The next hearing is scheduled for February 28, 2022. APPCB has earlier ordered the closure of the company’s Plants situated at Karakambadi, Tirupati and Nunegundlapalli Village, Chittoor District, Andhra Pradesh.
Embassy Office Parks REIT: UP 1.87%. Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, on Tuesday announced the opening of a 3-lane flyover at Embassy Manyata Business Park (‘Embassy Manyata’) in Bengaluru. Constructed and funded by Embassy REIT at a cost of Rs 183 crores, the project is a part of infrastructure initiatives in and around the park for which Embassy REIT has invested over Rs 400 crores over the past 5 years.