Buzzing Stocks

Bharti slips after Vodafone cuts data charges, RComm up 11%  

18 Jun 2013, 6.11 pm  |  Source: Moneycontrol.com

Country's largest telecom operator Bharti Airtel shares lost 1.7 percent Tuesday while Reliance Communciations continued its run up....

Venus Remedies soars 5% on Mexico patent for Potentox  

18 Jun 2013, 11.39 am  |  Source: Moneycontrol.com

Venus Remedies has received another patent from Mexico for its antibiotic Potentox. This patent provides an exclusivity period for Potentox upto 2025....

Idea up 1% in dull market, IIFL downgrades stock  

18 Jun 2013, 10.18 am  |  Source: Moneycontrol.com

IIFL says it likes Idea Cellular's business as a pure play wireless operator but feels valuation at 7.4 times FY15 EV/EBIDTA leaves little scope for f...

Sun TV Network rises over 2% after Citi says buy  

18 Jun 2013, 10.02 am  |  Source: Moneycontrol.com

Citi recommended a buy rating on Sun TV Network with a target price of Rs 480. ...

Bharti shares gain on likely stake sale in data centre biz  

18 Jun 2013, 9.52 am  |  Source: Moneycontrol.com

Country's largest telecom operator Bharti Airtel is planning to induct a partner into data centre business....

Birla Sun Life sells 20 lakh shares of Elecon Engineering  

18 Jun 2013, 8.37 am  |  Source: Moneycontrol.com

On June 17, 2013 Birla Sun Life Insurance Company Limited sold 20,03,052 shares of Elecon Engineering Company at Rs 29....

Kotak India Venture sells 3.70 Lk shares of Natco Pharma  

18 Jun 2013, 8.36 am  |  Source: Moneycontrol.com

On June 17, 2013 Kotak India Venture Fund I sold 159,070 shares of Natco Pharma at Rs 445 on the BSE and sold 211,810 shares at Rs 445. ...

Orchid soars 10% on USFDA's clean chit to Chennai plant  

17 Jun 2013, 3.47 pm  |  Source: Moneycontrol.com

Orchid Chemicals and Pharmaceuticals shares are locked at 10 percent upper circuit to close at Rs 52.65 on Bombay Stock Exchange....

Tata Motors falls on less than expected JLR sales  

17 Jun 2013, 1.40 pm  |  Source: Moneycontrol.com

UK subsidiary JLR's wholesales grew lower-than-expected 8 percent month-on-month and 4 percent year-on-year to 31,210 units in May, impacted by a slow...

Motilal cuts Maruti FY14 earnings on adverse product mix   

17 Jun 2013, 10.37 am  |  Source: Moneycontrol.com

While demand for petrol segment seems to be stabilizing (on a low base), demand for diesel segment has weakened, post correction in fuel price dispari...

Mahindra Ugine, Forgings hit 52-wk high on deal with CIE  

17 Jun 2013, 10.07 am  |  Source: Moneycontrol.com

M&M is merging all its auto components businesses into Mahindra Forgings, which will be renamed Mahindra CIE Automotive, where Spain's CIE will hold m...

Kotak upgrades Reliance Industries on capex cycle gains  

17 Jun 2013, 9.46 am  |  Source: Moneycontrol.com

Kotak feels the beginning of a significant capex cycle (over USD 15 bn) in its core businesses will translate into (1) growth in volumes for the petch...

Rekha Jhunjhunwala sells 4 lakh shares of CRISIL; stk down  

17 Jun 2013, 9.43 am  |  Source: Moneycontrol.com

On June 14, 2013 Jhunjhunwala Rekha R sold 4,00,000 shares of CRISIL at Rs 1,158.60 on the NSE. At 09:42 hrs CRISIL was quoting at Rs 1,151.05, down R...

Cresta Fund buys 18 lakh shares of Ahmednagar Forgings  

17 Jun 2013, 8.58 am  |  Source: Moneycontrol.com

On June 14, 2013 Warhol Limited sold 900,000 shares of Ahmednagar Forgings at Rs 105 on the NSE and sold 900,000 shares at Rs 105 on the BSE....

IDFC Mutual Fund sells 80000 shares of ABG Infralogistics  

17 Jun 2013, 8.54 am  |  Source: Moneycontrol.com

On June 14, 2013 IDFC Mutual Fund sold 80,000 shares of ABG Infralogistics at Rs 38.35 on the BSE. In the previous trading session, the share closed a...

Jaguar Land Rover May sales drive Tata Motors up 3%  

14 Jun 2013, 10.27 am  |  Source: Moneycontrol.com

While Jaguar sales 36 percent year-on-year in May at 6,174 units, Land Rover sales were up 8 percent to 26,303 units....

Wipro slips 2% on Rs 816 cr tax demand  

14 Jun 2013, 10.17 am  |  Source: Moneycontrol.com

The Bangalore-based company says the I-T department's draft assessment order for 2008-09 is mainly due to denial of deduction under section 10A....

Sun Pharma slumps on $550m settlement with Pfizer  

13 Jun 2013, 5.20 pm  |  Source: Moneycontrol.com

Sun Pharma will pay USD 550 million to Pfizer to settle a case related to Protonix. This is higher than the USD 107 million it had set aside earlier. ...

Unilever to begin raising stake in HUL from June 21  

13 Jun 2013, 3.39 pm  |  Source: Moneycontrol.com

Unilever Plc got the approvals from the Indian market regulator to increase its stake in the Indian subsidiary, Hindustan Unilever, from June 21. The ...

Apollo Tyres buys Cooper Tire for Rs 14,500cr; stk sinks  

13 Jun 2013, 9.37 am  |  Source: Moneycontrol.com

On a pro forma basis, Apollo's 2014-15 revenue and earnings could potentially more than double as a result of the buy, but Apollo's net debt-to-equity...

Titan down 9% as RBI gold import curbs seen hurting margin   

12 Jun 2013, 10.08 am  |  Source: Moneycontrol.com

Titan sells nearly 16-18 tonnes of gold every year, 80 percent of which is on lease basis. The company will now have to buy this on a spot basis or li...

Just Dial slips after making new high; Bang rates it 'buy'  

11 Jun 2013, 11.18 am  |  Source: Moneycontrol.com

With control over employee costs, Just Dial's operating margin can improve significantly in the long run, while increased product offerings can provid...

JSPL tanks 24% on FIR against company in coal scam  

11 Jun 2013, 11.02 am  |  Source: Moneycontrol.com

Central Bureau of Investigation (CBI) lodged FIR against 4 companies including JSPL in coal gate scam, reports CNBC-TV18 quoting sources....

Elder Pharma surges on report co up for sale  

11 Jun 2013, 10.08 am  |  Source: Moneycontrol.com

Elder Pharma's advisors are currently doing a vendor due-diligence and global pharma companies like Sanofi, Pfizer and GlaxoSmithKline are likely to b...

Opto Circuits in free fall, stock collapses 27%   

10 Jun 2013, 2.42 pm  |  Source: Moneycontrol.com

The stock has been steadily going downhill since August last year, as the company's earnings growth started coming under pressure. The fall got accent...

Hexaware up 1%; Jefferies says 'hold' on delayed biz uptick  

10 Jun 2013, 10.57 am  |  Source: Moneycontrol.com

Jefferies feels the pickup expected in H2 is based more on hope than meaningful deals already in the bag. Given the volatile macro, the brokerage is w...

Glaxo Pharma down 3%; Nomura downgrades stock to 'reduce'  

10 Jun 2013, 10.45 am  |  Source: Moneycontrol.com

We believe 35% of Glaxo's portfolio should come under price control, which includes some of its best-selling drugs, eg, Augmentin. We reduce our CY13/...

RCom a 'hold' despite deal with Reliance Jio: Edelweiss  

07 Jun 2013, 2.24 pm  |  Source: Moneycontrol.com

Due to lack of clarity on tenure and payment timelines it is difficult to ascertain the impact of the deal with Reliance Jio on financials of Reliance...

Polaris rises 15% as Tech Mah, L&T Infotech eye stake in co  

07 Jun 2013, 11.53 am  |  Source: Moneycontrol.com

Software services providers Tech Mahindra and L&T Infotech are considering to acquire Chennai-based Polaris' IT services unit....

RPG Life Sciences gains 10% on land sale in Navi Mumbai  

07 Jun 2013, 10.12 am  |  Source: Moneycontrol.com

RPG sold the leasehold rights on its surplus land admeasuring 14,148.90 square meters, situated at TTC Industrial area, village Pawane, Navi Mumbai to...