
The top stocks in the Volume Shockers screener include multiple Bajaj companies, as well as pharma firms such as Sun Pharma and Aurobindo Pharma, both of which are gaining in share price on high volumes. For the full screener, click here.
The top stocks in the Volume Shockers screener include multiple Bajaj companies, as well as pharma firms such as Sun Pharma and Aurobindo Pharma, both of which are gaining in share price on high volumes. For the full screener, click here.
Markets are higher, while breadth is horizontal. Of the 2728 stocks traded today, 1413 showed gains, and 1133 showed losses. Aurobindo Pharma is gaining after the company said that it has received final US FDA approval to manufacture and market the anti-coagulant Fondaparinux Sodium injection
Largecap and midcap gainers today include Reliance Communications Limited (27.25 27.75%), Wockhardt Limited (924.10 6.46%) and Sun Pharmaceuticals Industries Limited (573.70 6.15%).
Largecap and midcap losers today include Vakrangee Limited (415.20 -2.99%), Gillette India Limited (6790.00 -2.30%) and Kansai Nerolac Paints Limited (555.30 -1.72%).
21 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Castex Technologies Limited (6.23 18.22%), 3M India Limited (19514.70 11.83%) and Prestige Estates Projects Limited (322.30 7.22%).
Top high volume losers on BSE were Bajaj Finserv Limited (5338.70 -1.20%), Mahindra CIE Automotive Limited (258.00 -0.50%) and Dalmia Bharat Limited (3217.05 -0.36%).
Bajaj Holdings & Investment Limited (2950.00 0.34%) was trading at 3440.7 times of weekly average. Bajaj Auto Limited (3358.00 -0.27%) and Bajaj Electricals Limited (492.20 3.76%) were trading with volumes 162.3 and 79.9 times weekly average respectively on BSE at the time of posting this article.
39 stocks hit their 52 week highs,
Stocks touching their year highs included - 3M India Limited (19514.70 11.83%), Adani Enterprises Limited (167.70 3.26%) and Allcargo Logistics Limited (213.45 2.01%).
11 stocks climbed above their 200 day SMA including Reliance Communications Limited (27.25 27.75%) and Sun Pharmaceuticals Industries Limited (573.70 6.15%). 1 stock slipped below their 200 SMA including Indian Oil Corporation Limited (404.90 -0.89%).
By Satish Krishnamurthy
Stock reports for the holiday week from ICICI Securities, Joindree, HDFCSec and more! Stock pick of the week from analysts is Pfizer, which despite expensive valuations analysts still see upside: post restructuring, and discontinuation of its Corex brand the company’s EBIDA margins are coming back to normal and stood at 24% in H1FY18 from 17% in FY17.
Motherson Sumi saw its promoter Samvardhana Motherson International sell 2.87 crore shares or 1.4% stake at Rs 375.02 each. Based on the valuation scores for the company, Motherson Sumi is looking like an expensive buy.
Promoter Rajeev Sheth sold 1.97 lakh shares or 0.8% stake of Tara Jewels - his fourth in bulk sells over the last few days.
Thirumalai Chemicals (a Dolly Khanna portfolio stock) bought 2.05 lakh shares (0.7% stake) in Ultramarine Pigments. The company has hit a new year high today.
Kotak Mahindra AMC sold 6.22 lakh shares or 0.6% stake in Polaris Consulting.
Amarjothi Spinning Mills saw a sell of 45,433 shares (0.7% stake) by Care Portfolio Managers.