Shyam Metalics, BHEL to Adani Enterprises - here are top Buzzing Stocks today
The domestic stocks markets were trading lower by around 0.30% on Monday’s noon deals, amid a weak trend in metals and public sector banks. At 12:58 pm, the S&P BSE Sensex was trading 166.63 points or 0.32% lower at 52,308.13.
The domestic stocks markets were trading lower by around 0.30% on Monday’s noon deals, amid a weak trend in metals and public sector banks. At 12:58 pm, the S&P BSE Sensex was trading 166.63 points or 0.32% lower at 52,308.13. The Nifty 50 index was down 59.75 points or 0.37% to trade lower at 15,740.60. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of few such stocks:
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Shyam Metalics: The initial public offering of Shyam Metalics & Energy that opened for subscription today was subscribed 0.37% by 12:00 pm. The price band of the issue has been fixed at Rs 303-306 per share. The subscription will close on June 16, 2021. Shyam Metalics seeks to raise up to Rs 909 crore through the issue.
Sona Comstar: The initial public offering of auto component marker Sona BLW Precision Forgings (Sona Constar) that opened for subscription today was subscribed 0.04 times by 12:00 pm. The price band of the issue has been fixed at Rs 285-291 per share. The subscription will close on June 16, 2021. The company seeks to raise up to Rs 5,550 crore the issue. This is the second-largest IPO in terms of size after PowerGrid InvIT in 2021.
BHEL: Hits 10% lower circuit and trading 12.27% down. The state-owned has reported a standalone loss of Rs 1,033 crore for the quarter ended March 31, 2021 (Q4FY21). It had posted a loss of Rs 1,534 crore in the corresponding quarter of the previous financial year (Q4FY20).
DLF: The real estate company has reported a consolidated profit YoY of Rs 481 crore for the quarter ended March 31, 2021. It had posted a consolidated loss of Rs 1,858 crore in the corresponding quarter of the previous financial year.
Sun TV: The Tamil-language general entertainment channel has reported a 99% YoY rise in the standalone profit at Rs 450 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 250 crore in the corresponding quarter of the previous financial year.
Stocks in News
Adani Enterprises: Hits 10% lower circuit and trading 11.25% down. National Securities Depository Ltd (NSDL) has frozen the accounts of three foreign funds, namely Albula Investment Fund, Cresta Fund and APMS Investment Fund, which collectively own shares worth Rs 43,500 crore in four Adani Group companies. Besides, the company has formed a subsidiary, Adani Cement Industries Limited, to foray into the cement business.
HCL Technologies: Up 0.08%. It has appointed Siki Giunta to lead its cloud consulting and offering strategy.
Kellton Tech: Down 1.53%. Reports consolidated YoY profit of Rs 19 crore for the quarter ended March 31, 2021, compared to Rs 14.5 crore posted last year. Sequentially, the company reported a profit of Rs 22 crore in the quarter ended December 31, 2021.
PNB Housing: Down 5%. Impact of Carlyle deal as Sebi will probe PNB Housing Finance’s Rs 4,000 crore deal with a group of investors led by private equity firm Carlyle Group after a proxy adviser said the deal is unfair to the mortgage lender’s minority shareholders.
Easy Trip Planners: Down 5.67%.
Zensar Technologies: Down 5.89%.
Coal India: Down 1.94% ahead of results.
L&T Technology: Down 0.30%.
Bank of Baroda: Down 1.95%.
Kajaria Ceramics: Up 1.14%.
Repco Home Finance: Up 6.40%.
NBCC: Up 6.03%.
eClerx: Hits 10% upper circuit and trading 12.47% higher.
Marksans Pharma: Hits 10% upper circuit and trading 12.43% higher
Avanti Feeds: Up 2.41%.
AstraZeneca Pharma: Up 0.97%.
Wipro: Up 0.57%.
Va Tech Wabag: Up 5.01%.
FDC: Hits 10% upper circuit and trading 10.64% higher.
Dhanuka Agritech: Up 3.98%. It is today’s techno pick of Zee Business.
ICICI Securities: Up 2.99%
Diagnosis Stocks: Buzzing and stocks like Thyrocare Technologies – up 6.44% and Metropolis – up 1% among others were trading higher.
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