What's Buzzing

Axiscades hits new high

By Ruma Dubey about 10 days ago
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The move follows Tuesday’s large block deal, where 45.48 lakh shares changed hands at Rs. 1,824 per share, valuing the transaction at Rs. 829.72 crore. Volumes remained strong today, with 0.77 lakh shares traded

4 new listings today!

By Ruma Dubey about 10 days ago
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Four mainboard IPOs listed on Wednesday, September 30, with the day clearly split between one blockbuster listing, one moderate debut and two weak-to-muted listings. Adroit Industries was the standout, listing at a huge premium, while Swastika Infra delivered modest gains.

Varmoro makes modest debut

By Ruma Dubey about 11 days ago
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The stock made a modest listing debut today, with the stock opening at Rs. 152 on the BSE against its IPO price of Rs. 148. It later touched an intraday high of Rs. 163.45, but cooled off to Rs. 152.25, still up Rs. 4.25 or around 2.9% over the issue price.

Tata stocks recalibrate

By Ruma Dubey about 11 days ago
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Tata Chemicals and Tata Investment came under pressure today as the market reassessed the earlier Tata Sons listing trade. Tata Chemicals was down 2.92%, Tata Investment fell 2.33%, while Tata Steel slipped 0.71%. These stocks had rallied earlier on expectations

Strait of Hormuz in focus

By Ruma Dubey about 12 days ago
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Crude-sensitive stocks are in focus today as Brent crude moved above $106/bbl after fresh uncertainty around the US-Iran stalemate and the Strait of Hormuz. The broader market sold off sharply, with Sensex down over 1,000 points, but select oil-linked counters such as MRPL and Chennai Petroleum gained

Paisalo - not really!

By Ruma Dubey about 12 days ago
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The stock opened at Rs. 87.01 against the previous close of Rs. 88.68 and slipped to an intraday low of Rs. 73.14. Volumes were higher than average, with 12.83 lakh shares traded against a two-week average of 9.90 lakh shares.

PB Fintech hits new low

By Ruma Dubey about 15 days ago
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The stock, the parent of Policybazaar, remained under pressure after IRDAI’s proposed overhaul of insurance distribution economics raised concerns over commissions, revenue and earnings. The stock had crashed sharply on September 24, hitting a 52-week low at Rs.1115.10,

Indegene hits new high

By Ruma Dubey about 15 days ago
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The stock is among the top gainers on the BSE today, rising 4.39% to Rs. 619.50. The stock opened at Rs. 595.05 against the previous close of Rs. 593.45 and touched a fresh 52-week high of Rs. 621.15. Trading activity was modest, with 0.64 lakh shares traded

NSE lists at muted premium

By Ruma Dubey about 16 days ago
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The stock made a muted but positive debut on the BSE, listing at Rs. 1,800 against its issue price of Rs. 1,785, a premium of just 0.84%. It later moved higher to Rs. 1,859, up 3.28% from the listing/reference price and 4.15% over the issue price. Trading activity was heavy, with 349.41 lakh shares traded

Lalithaa locked in UC

By Ruma Dubey about 17 days ago
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The stock was locked in the 5% upper circuit at Rs. 352.80 on the BSE, also its fresh 52-week high. The stock opened at Rs. 341 against the previous close of Rs. 336 and moved straight to the upper band. Market depth shows no sell orders, with total buy quantity

Ola Electric vrooooms today

By Ruma Dubey about 17 days ago
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The stock is currently the top gainer on the BSE, rising 10.83% to Rs. 41.87. The stock opened at Rs. 38.16 against its previous close of Rs. 37.78 and touched an intraday high of Rs. 42.32. Market depth, however, shows much higher sell quantity at 40.42 lakh shares against buy quantity of 14.07 lakh shares

Pace Digitek picks up pace

By Ruma Dubey about 18 days ago
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The stock opened sharply higher at Rs. 165.55 against the previous close of Rs. 154.80 and touched an intraday high of Rs. 174.90. Volumes were strong, with 7.64 lakh shares traded against a two-week average of just 0.41 lakh shares, while turnover stood at Rs. 13.07 crore.

JSW Infra among gainers

By Ruma Dubey about 18 days ago
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The stock is among the top gainers on the BSE, rising 6.28% to Rs. 371.60. The stock opened at Rs. 350.25 against the previous close of Rs. 349.65 and touched a fresh 52-week high of Rs. 375.25. Trading activity was strong, with 8.66 lakh shares changing hands and turnover at Rs. 31.80 crore.

HEG Advanced jumps up

By Ruma Dubey about 19 days ago
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The stock rose 2.43% to Rs. 244.35 on the BSE after its subsidiary won a lithium-ion battery order from Indus Towers. The stock opened at Rs. 244.95 against the previous close of Rs. 238.55 and touched an intraday high of Rs. 250.25, close to its 5% upper price band of Rs. 250.45.

Protean on the rise

By Ruma Dubey about 19 days ago
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The stock is currently the top gainer on the BSE, rising 13.05% to Rs. 554.00. The stock opened at Rs. 493.80 against its previous close of Rs. 490.05 and touched an intraday high of Rs. 560.00. Volumes were sharply higher, with 1.77 lakh shares traded against a two-week average of

Yatharth in limelight

By Ruma Dubey about 22 days ago
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After the sharp two-day move, Yatharth trades at a rich PE of around 62x consolidated and 112x standalone, with the exchange flag also showing that the scrip PE has stayed above 50 for the previous four trailing quarters.

NSE listing beneficiaries

By Ruma Dubey about 23 days ago
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The IPO is entirely an offer-for-sale, which means NSE will not receive fresh money; the proceeds will go to existing shareholders who are selling part of their holdings. The market is therefore looking at companies that either hold NSE shares directly or have indirect exposure through subsidiaries.

Six new listings!

By Ruma Dubey about 23 days ago
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The listing pattern broadly followed subscription strength. Rentomojo saw the highest overall subscription at 72.88 times, led by QIB demand of 177.29 times. Karamtara Engineering also saw strong institutional demand, with QIB subscription at 159.59 times and overall subscription at 62.63 times. LCC Projects and Steamhouse India

eMudhra on the rise

By Ruma Dubey about 24 days ago
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The stock opened sharply higher at Rs. 624.95 against its previous close of Rs. 593.60 and touched an intraday high of Rs. 677.50. Volumes were unusually strong, with 10.74 lakh shares traded against a two-week average of just 0.27 lakh shares

UPI stocks in focus

By Ruma Dubey about 24 days ago
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On the BSE, Paytm was trading at Rs. 1,738.95, up 0.45%, after opening sharply higher at Rs. 1,829.35 and touching a fresh 52-week high of Rs. 1,856.50. One MobiKwik, however, gave up its early gains and was trading at Rs. 197.35, down 2.28%, after opening at Rs. 213.35 and touching an intraday high of Rs. 214.00.
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