Newsmakers: Kalpataru Power, Cholamandalam Investment to Realty Stocks - Here are the top 10 buzzing stocks today

Kalpataru Power: Up 5.66%

The shares of the company closed in the green at Rs 411 with a gain of 5.66 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 410 with a gain of 5.36 per cent. Kalpataru Power Transmission Ltd notched up volume of 83974 shares by 10:50 IST on BSE, a 5.04 fold spurt over two-week average daily volume of 16654 shares. Source: kalpatarupower.com

 

Alkali Metals: Up 4.99%

The shares of the company closed in the green at Rs 136.70 with a gain of 4.99 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 136.40 with a gain of 4.96 per cent. Societe General buys 57406 shares at Rs 129.15 per share. Source: alkalimetals.com

 

Prestige Estate: Up 3.72%

The shares of the company closed in the green at Rs 531.60 with a gain of 3.72 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 530.05 with a gain of 3.43 per cent. Meanwhile, the stock touched the life high of Rs 554.90 per share today in the intraday trade. Source: prestigeconstructions.com

 

PTC Industries: Up 3.04%

The shares of the company closed in the green at Rs 4982 with a gain of 3.04 per cent as per BSE. The Company has announced that wholly-owned subsidiary Aerolloy Technologies Limited has been allotted 20 Hectares (50 Acres) of land next to the Brahmos facility, by UPEIDA in Lucknow node of the UP Defence Industrial Corridor. The Company intends to set up fully integrated material manufacturing capabilities of all exotic materials, including Titanium, Cobalt, and Nickle Superalloys, at this facility. The project will be developed in three phases with a total peak manufacturing capacity of 5,000 tonnes per annum. Source: ptcil.com

 

Cholamandalam Investment and Finance Company: Up 1.88%

The shares of the company closed in the green at Rs 612 with a gain of 1.88 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 611.55 with a gain of 1.85 per cent. The company on Monday said it plans to acquire a 72.12 per cent stake in fintech payment solutions provider Payswiff Technologies Private Ltd for Rs 450 crore. The company, an NBFC, is part of the Murugappa Group. Payswiff is engaged in the business of enabling online payment gateway services for e-commerce businesses and provides e-commerce solutions. Source: cholamandalam.com

Angel One: Up 1.84%

The shares of the company closed in the green at Rs 1382 with a gain of 1.84 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 1,381.10with a gain of 1.66 per cent.The stoke broker company on Monday reported a 126% YoY rise in the profit at Rs 165 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 73 crore in the corresponding quarter last year. Its revenue from operations grew 94% to Rs 597 crore in the reported quarter compared to Rs 307 crore posted last year. Net Interest Income grew 128% YoY to Rs 73 crore compared to Rs 32 crore posted last year. The company has reported a 19% QoQ growth in the total client base and 20% QoQ growth in average daily turnover. Angel One's board announced a third interim dividend of Rs 7 per share. Source: angelone.in

 

Nazara Technologies: Down 2.53%

The shares of the company closed in the red at Rs 2,393 with a fall of 2.53 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 2385 with a fall of 2.70 per cent. The India-based diversified gaming and sports media company today announced that it has entered an agreement to acquire a 55% stake in programmatic advertising and monetization company Datawrkz valuing the company up to Rs 225 crore (approx. USD 30M) linked to CY 22 EBITDA performance. Source: nazara.com

 

Tech Mahindra: Down 3.48%

The shares of the company closed in the red at Rs 1,662.50 with a fall of 3.48 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 1660.65 with a fall of 3.54 per cent. The Board of Directors of the company through its wholly-owned subsidiary viz., Tech Mahindra London Limited approved the proposal to acquire 100% equity shares in Com Tec Co IT Ltd and 25% equity shares each in SWFT Technologies Ltd. and Surance Ltd. Tech Mahindra will complete these acquisitions at an expense of Rs 2,625 crore. Source: Tech Mahindra Twitter

 

Tata Steel Long Products: Down 5.38%

The shares of the company closed in the red at Rs 778.85 with a fall of 5.38 per cent as per BSE. As per NSE, the shares of the company closed in red at Rs 780 with a fall of 5.49 per cent. The company on Monday reported a 66% YoY decline in the profit at Rs 104 crore for the quarter ended December 31, 2022. It had posted a profit of Rs 304 crore in the corresponding quarter last year. Its revenue from operations grew 23% YoY to Rs 1,677 crore compared to Rs 1,364 crore posted last year. EBITDA fell 39% to Rs 251 crore compared to Rs 409 crore posted last year. The company’s margin contracted to 15% in Q3FY22 against 39% posted in Q3FY21. Source: tatasteellp.com

Tatva Chintan Pharma: Down 8.95%

The shares of the company closed in the red at Rs 2611.35 with a fall of 8.95 per cent as per BSE. As per NSE, the shares of the company closed in red at Rs 2,608 with a fall of 9.09 per cent. The company on Monday reported a 10% YoY rise in the consolidated profit at Rs 23 crore for the quarter ended December 31, 2022. It had posted a profit of Rs 21 crore in the corresponding quarter last fiscal. Its revenue from operations grew 31% YoY to Rs 105 crore compared to Rs 80 crore posted last year. The EBITDA fell 6% YoY to Rs 23 crore compared to Rs 25 crore posted last year. The company’s margin contracted to 22% in Q3FY22 compared to 32% posted in Q3FY21. Source: tatvachintan.com