The week that was in 10 stocks: Borosil Renew zooms 40%, TaMo gains 30%

Asia's Tech News Daily

tata motors, tata motors shares, tata motors share price, top stocks, Borosil Renewables shares, idbi bank shares, tcs shares, nazara share price

New Delhi: The domestic equity market extended its bull run for the second straight week as benchmark indices scaled new lifetime peaks, supported by positive cues.

BSE Sensex and its broader peer Nifty50 added more than 2 per cent each during the week. The broader market marched along with the benchmark indices as BSE Midcap index soared more than 3 per cent, whereas the smallcap index added 2 per cent.

Auto sector led the rally as expectations of demand revival ahead of the busy festive season, followed by gains in metal, energy, banking and financial stocks.

Did you Know?

Stock score of Tata Motors Ltd moved down by 1 in a week on a 10-point scale.

View Latest Stock Report »

Stock Analysis

Stock score of Tata Motors Ltd is 8 on a scale of 10. View Stock Analysis »

“The IT sector may underperform as it is forming lower highs and lower lows while the metal sector is witnessing a fresh expansion phase and may see good gains ahead. PSU banks may also continue their strength in the coming days,” said Santosh Meena, Head of Research, Swastika Investmart.

In the BSE500 index, more than 350 stocks ended the week on a positive note while the rest closed with cuts. Among the gainers, more than 40 counters registered a rise of 10 per cent or more during the week.

Here are some of the stocks that were abuzz during the week:

Borosil Renewables: The solar energy proxy play zoomed 40 per cent to Rs 453.3 during the week amidst the global energy crisis. It is the only producer of solar glasses in India with definite tailwinds to its business.

IDBI Bank: The LIC-owned lender soared 31 per cent to Rs 62.6 after a ratings upgrade from ICRA, government’s indication to come out with an expression of interest for a strategic disinvestment in the bank by December and ace investor Rakesh Jhunjhunwala picking up a stake in it.

Tata Motors: The homegrown auto major zoomed 30 per cent to Rs 497.45 after private equity firm TPG Group invested about Rs 7,500 crore in its wholly-owned electric vehicle subsidiary.

Tata Motors

DVR rallied 30 per cent to Rs 247.70.

Energy stocks: Amidst a scarcity of coal, energy stocks were in focus. Inox Wind advanced 29 per cent to Rs 128.8, whereas Tata Power jumped 26 per cent to Rs 222.45. Swelect Energy Systems gained 23 per cent to Rs 279.9.

Avenue Supermarts: The operator of DMart retail chain rallied 21 per cent to Rs 5,329.65 amidst expectations of a strong Q2 performance from the company. The company’s results were declared on Saturday. It’s net profit jumped 113 per cent to Rs 448.9 crore in the September quarter.

Sona BLW Precision Forgings: The recently-listed auto component maker added 20 per cent to Rs 755.05 during the week after the company announced its collaboration with FutureSkills Prime, which is a Government of India and NASSCOM initiative to upskill the workforce.

Gateway Distriparks: The smallcap logistics player was on a roll during the week as marquee investor Ashish Kacholia bought 19,17,606 equity shares, or 1.54 per cent stake, in the company in September quarter. The scrip jumped 17 per cent to Rs 287.9.

SREI Infrastructure Finance: The cash-strapped NBFC tanked 19 per cent to Rs 5.74 as RBI superseded the company board due to governance concerns and defaults. It will initiate bankruptcy proceedings against the company.

Nazara Technologies: The gaming player shed 11 per cent to Rs 2,772.3 during the week ahead of its extraordinary general meeting scheduled on November 2.

BLS International Services: The visa processing services player gave up 11 per cent to Rs 240.55 during the week after the company informed the bourses that it is not authorized to process visa applications for the Embassy of Brazil, India due to administrative reasons.

Tata Consultancy Services: The bluechip IT major shed 8 per cent to Rs 3,611.3 after its disappointing September 2021 quarter results. Its second quarter revenues and margin missed Street expectations.

Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

‘No record of farmers' death during protests': Govt informs Parliament, says no plans for compensation

© Provided by Hindustan Times Union agriculture minister Narendra Singh Tomar . (ANI File Photo) The government has no record of the farmers who had died during the year-long farmers’ ... Read more »

Yankees haven't fixed anything in disappointing start to offseason

No obligation for any of us outsiders to turn up the heat on the Yankees. Just turn back to what the ultimate insider, Hal Steinbrenner, said last month after bringing ... Read more »

PM hails BSF's contribution in securing the nation

© Provided by The Statesman PM hails BSF’s contribution in securing the nation Prime Minister Narendra Modi today hailed the significant contribution being made by the Border Security Force (BSF) ... Read more »

Commercial LPG cylinder rates hiked by Rs 100

© Provided by Business Today Commercial LPG cylinder rates hiked by Rs 100 The price of liquefied petroleum gas (LPG) cylinders for commercial use has been hiked by Rs 100 ... Read more »

UP couple tortured for Hindu-Muslim love moves on from miscarriage & jail, builds a happy life

© Provided by The Print New Delhi: A year has passed since Pinky, 23, lost her baby in a miscarriage. Her husband Rashid could not comfort her at the time, ... Read more »

Upstox allows opening demat accounts, IPO applications through WhatsApp

© Provided by Business Today Upstox allows opening demat accounts, IPO applications through WhatsApp Recently turned unicorn Upstox has said that it will now allow investors to invest in initial ... Read more »

RBI payment rules not helping SaaS companies, says Freshworks' Girish Mathrubootham

© Provided by CNBCTV18 Nasdaq-listed Freshworks’ founder and CEO Girish Mathrubootham called on the Reserve Bank of India to create a whitelist of “good” companies so that they are not ... Read more »

November records lowest number of fresh COVID-19 cases in India since May, 2020

With over 3.1 lakh fresh COVID-19 cases, the month of November saw the lowest number of people contracting the viral disease in the country since May last year. The monthly ... Read more »

Chill in hills: Snow, rain forecast in Himachal Pradesh till December 4

© Provided by Hindustan Times The Shimla-based weather department has forecast disruption in essential services such as power and communication and blockade of roads in Kinnaur, Lahaul-Spiti, Chamba and the ... Read more »

Rylan Clark-Neal apologises for 'scaring people' after 4-month break

Rylan Clark-Neal has apologised for Rylan Clark-Neal has apologised for “scaring people” after he had a four-month break from the spotlight earlier this year, following his split from husband Dan ... Read more »

Sanofi to buy Origimm Biotechnology for acne vaccine candidate

FILE PHOTO: Sanofi logo is seen in Paris PARIS (Reuters) -French healthcare company Sanofi said on Wednesday it would buy Austrian group Origimm Biotechnology, a move that will add a ... Read more »

Yuvraj has a romantic message for wife Hazel on 5th wedding anniversary

© Provided by Mid-Day Former India cricketer Yuvraj Singh Instagrammed this picture with his wife Hazel Keech on the occasion of their fifth wedding anniversary yesterday and captioned it, “5 ... Read more »

'Qanon Caucus' v/s 'Jihad Squad': American politics plumbs new depths amid female firefight

© Provided by The Times of India WASHINTON: As political scrapes go, America has seen nothing like this. When the last electoral cycle resulted in the election of a record ... Read more »

FIR filed against Facebook CEO Mark Zuckerberg over defamatory post against Akhilesh Yadav

A case has been registered against Facebook CEO Mark Zuckerberg over an alleged controversial post against Samajwadi Party chief Akhilesh Yadav. The case has been filed at a court in ... Read more »

Senators say US must strengthen space debris monitoring

A group of US senators on Tuesday asked the Biden administration to do more to monitor and respond to space debris following Russia’s anti-satellite test. Commerce Committee chair Maria Cantwell, ... Read more »

Jaish Militants on 'Red List', Who Planted IED in 2019, Killed in Encounter in Pulwama

© Provided by News18 Jaish Militants on ‘Red List’, Who Planted IED in 2019, Killed in Encounter in Pulwama A Pakistani militant and a local associate affiliated with Jaish-e-Mohammad were ... Read more »

Kerala Lottery Result 2021: Check Winning Numbers for Akshaya AK-526 Lottery for December 1; First Prize Rs 70 Lakh!

© Provided by News18 Kerala Lottery Result 2021: Check Winning Numbers for Akshaya AK-526 Lottery for December 1; First Prize Rs 70 Lakh! Kerala Akshaya AK-526 Lottery Result 2021 Live ... Read more »

Petrol price in Delhi to reduce by Rs 8/litre

The Delhi government has reduced the value-added tax (VAT) on petrol to 19.40% from 30% previously. This cut means petrol in the capital city will now be lesser by Rs ... Read more »

Microsoft Is Launching a Special Sweater for Christmas

© Provided by News18 Microsoft Is Launching a Special Sweater for Christmas It is the end of the year, and Microsoft has released its own Windows software theme ‘ugly sweater,’ ... Read more »

Star Health public issue sees 14% subscription on Day 2 of bidding; retail portion booked 75%

© Kshitij Anand Star Health public issue sees 14% subscription on Day 2 of bidding; retail portion booked 75% The public offer of Star Health and Allied Insurance Company has ... Read more »

Terrifying Covid variant to destroy stock market - is YOUR pension safe?

Last Friday, we had a taste of what Omicron can do to stock markets. Airline, leisure, entertainment and energy stocks collapsed as investors feared another wave of lockdowns. Indices plunged ... Read more »

Which Wildlife Photographer of the Year snap will win the public vote?

A collection of 25 stunning wildlife images have been released in the running for the Wildlife Photographer of the Year People’s Choice Award. © Thomas Peschak,/Wildlife Photographer of the Year ... Read more »

‘Doctors refused to prescribe me an EpiPen for life-threatening allergies for six months'

A woman with severe life-threatening allergies is fighting to get a letter expunged from her records that recommended doctors should not prescribe her an epinephrine injection – leaving her without ... Read more »

Manchester United hope Ralf Rangnick can follow Liverpool and Chelsea blueprint

Jonathan Greening believes Manchester United hope to emulate Liverpool and Chelsea’s success with German managers after the decision to appoint Ralf Rangnick as interim manager. Jurgen Klopp and Thomas Tuchel ... Read more »

Families face punishing tax crackdown on 'granny annexes'

© Provided by The Telegraph landlords stamp duty tax buy to let Families will be forced to pay thousands more in stamp duty for buying a property with a “granny ... Read more »

There's one month until 2022 – here's what's in the stars

© Motivate Publishing Sarashakeel skyline Words by Kirstyn Lewis – Founder of the Karmic Soul The New Moon Solar Eclipse is in Sagittarius – what does this mean? As we wake ... Read more »

Sheikh Hamdan has just confirmed where we'll be dining over the four-day weekend

© Motivate Publishing Chef Izu Ani Sheikh Hamdan As we are all in celebration mode to mark 50 years of the UAE this weekend, the Crown Prince of Dubai has ... Read more »

Sithole unable to recall Phoenix death toll during SAHRC hearing

© Provided by SowetanLive Embattled national police commissioner Gen Khehla Sitole does not know how many people were killed in Phoenix, KwaZulu-Natal, during the July civil unrest. Sitole cracked on ... Read more »

Hawks recover 600kg of cocaine with estimated street value of R240m

© Provided by Times Live Hawks spokesperson Brig Nomthandazo Mbambo said no arrests have been made at this stage, pending an investigation into the seizure. “The team received information about ... Read more »

‘The new dawn is a fraud': Maimane and EFF weigh in on increasing youth unemployment

© Provided by Times Live On Tuesday, Stats SA announced the unemployment rate increased to 34.9% in the three months to September from 34.4% in the second quarter.  Youth aged 15 to ... Read more »

SID Secure EFT helps boost the growing sports betting industry

© Provided by Independent Online (IOL) South Africans are a sports loving nation and, with greater mobile penetration as well as the Covid protocols, online sports betting is taking off ... Read more »

Japan emperor's daughter Aiko turns 20, throne not in sight

The Associated PressIn this photo provided by the Imperial Household Agency of Japan, Princess Aiko, daughter of Emperor Naruhito and Empress Masako, strolls in the garden of the Imperial Residence ... Read more »

Ukraine calls on NATO to ready sanctions to deter Russian attack

© Reuters/INTS KALNINS NATO Foreign Ministers summit in Riga RIGA (Reuters) -Ukraine urged NATO on Wednesday to prepare economic sanctions on Russia and boost military cooperation with Kyiv as the ... Read more »

Govt debt balloons to P11.97T

THE government’s outstanding debt reached a new high of P11.97 trillion at the end of October, according to the Bureau of Treasury (BTr). The latest figure, which the BTr released ... Read more »

Aicelle Santos and Mikee Quintos renew ties with GMA Network

Multitalented Kapuso stars Aicelle Santos and Mikee Quintos remain loyal Kapuso artists as they renewed their management contracts with GMA Artist Center last November 18. Aicelle began her long journey ... Read more »

The modern-day heroes of food delivery

The pandemic and the resulting community quarantines have given birth to the rise of modern-day heroes whose main roles were to deliver the necessities of life despite restrictions. As the ... Read more »

Suns whip Warriors in battle of NBA elites despite Devin Booker's injury

PHOENIX — Deandre Ayton scored 24 points, Chris Paul added 15 points and 11 assists, and the Phoenix Suns tied a franchise record of 17 straight wins by beating the ... Read more »

Varian Omicron: Kerajaan sekat sementara pekerja, pelajar masuk dari negara risiko tinggi

© Provided by Free Malaysia Today Varian Omicron disyaki telah berkembang semasa jangkitan kronik dalam individu yang mempunyai sistem imun yang rendah, menurut Khairy Jamaluddin. (Gambar Bernama) PETALING JAYA: Kerajaan ... Read more »

Entschädigungen: Ständerat debattiert über Verlängerung von Corona-Artikeln

Der Ständerat debattiert am Mittwoch über die Verlängerung von gewissen Artikeln im Covid-19-Gesetz. So soll sich der Bund beispielsweise auch im nächsten Jahr auf Gesuch an überkantonalen Events wie Festivals ... Read more »

P Pinang mungkin terus bangunkan LRT jika PSR tak dapat dijalankan

© Provided by Free Malaysia Today Laluan LRT sepanjang 19km dengan 30 stesen yang bermula dari Bayan Lepas dianggarkan menelan belanja RM8.5 bilion. GEORGE TOWN: Pulau Pinang akan mempertimbangkan untuk ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic