IndiaMART InterMESH | CMP: Rs 2305.00 | up by 5.91% | IndiaMART InterMESH Ltd shares gained over 4 percent, following a bullish rating upgrade from JM Financial. The investment bank upgraded its rating on IndiaMart from "Sell" to "Buy" after a 28 percent correction in the stock price.
2/10
Paras Defence and Space Technologies |CMP: Rs 1066.10 | up by 10%) Paras Defence and Space Technologies Ltd shares hit upper circuit, as it bagged permission to manufacture MK-46 and MK-48 Belt-fed light machine guns from the Department for Promotion of Industry & Internal Trade (DPIIT), under the Arms Act.
3/10
Berger Paints | CMP: Rs 451.20 | up by 0.80%) Berger Paints is actively looking to buy Akzo Nobel's India stake as the latter's promoters look to exit India market with sale of their 74.6% stake. As a result, shares of the Dulux paint maker surged 7% in trade.
4/10
Zydus Lifesciences | Rs 1002.00 | up by 4.22% | Zydus Lifesciences share price advanced over 5 percent in trade today after the company announced an agreement with US healthcare firm CVS Caremark to add its diabetes combination products to its template formulary.
Ashoka Buildcon | CMP: Rs 292.20 | up by 5.38%) Ashoka Buildcon stock surged following the announcement that its wholly-owned subsidiary signed a concession agreement with the National Highways Authority of India (NHAI). The agreement is for the development of a four-lane economic corridor in West Bengal.
6/10
Zomato | CMP: Rs 251.75 | down by 4.95% | Global brokerage firm Jefferies has downgraded shares of Zomato to a 'hold' call, citing the sharp run-up in the stock through 2024 and concerns over rising competition in the quick commerce space. After Zomato’s shares more than doubled in value in 2024, analysts at Jefferies predict that 2025 could be a breather year, with the stock likely shifting gears into a phase of price consolidation.
7/10
SH Kelkar and Company | CMP: Rs 228.20 | down by 7.89% | Shares of SH Kelkar and Company faced intense selling, slumping as much as 8 percent after the company's gross margins came under pressure in Q3 amid supply constraints. The company revealed that its gross margins faced pressure during the October-December quarter, largely due to supply constraints for strategic raw materials.
8/10
ITI | CMP: Rs 489.95 | down by 9.99% | Shares of ITI were locked in the 10 percent lower circuit, snapping a two-day winning streak. Prior to today's fall, the stock was locked in the 20 percent upper circuit for two consecutive sessions, giving investors plenty of leeway to cash out partial profits.
Blue Star | CMP: Rs 2155 | down by 3.12% | Shares of Blue Star Ltd tumbled after international brokerage Jefferies downgraded the stock to 'hold'. After the 140 percent rally of Blue Star shares seen in 2024, there is limited upside potential for the stock, noted Jefferies.
10/10
Utkarsh Small Finance Bank | CMP: Rs 31.90 | down by 3.04% | Shares of Utkarsh Small Finance Bank continued their decline for the second consecutive day, falling over 4 percent, following a weak sequential loan growth in the December quarter update. This drop marks a 9 percent decline in just two days for the smallcap stock.
