by Ritmbarah Arora
Indiabulls Housing Finance: The shares of Indiabulls Housing Finance rose 6.4% to Rs 329.9. Around 17.5 million shares in volume have been traded so far. The share price of Indiabulls Housing Finance is up 1.5% since the last week and 27.4% since the last month. The company has today offered pre-mature redemption of its non-convertible debentures (NCD)s. As per a company statement, the Indiabulls Housing Finance issued an offer to all debenture holders for pre-mature redemption of its NCDs maturing in January 2020. The company will also evaluate further pre-mature redemption of its NCDs from time to time. Indiabulls Housing Finance is listed in 18 screeners on Trendlyne.
Mishra Dhatu Nigam: The shares of Mishra Dhatu Nigam skyrocketed 8.5% to Rs 169.5. Around 1.9 million shares in volume have been traded today so far. The share price increased 4.4% since the last week and 10.4% since the last month, as per Trendlyne data. Mishra Dhatu Nigam delivered ultra-high strength steel and cobalt alloys for ISRO’s Gaganyaan on January 7, 2020 post which the share price gained 3.4% intraday. ICICI Securities has issued a ‘buy’ call on Mishra Dhatu Nigam in the long term with a target price of Rs 242 per share, at 22x FY22E PE. The company is listed in 14 screeners on Trendlyne.
Spicejet: The shares of Spicejet advanced 10.4% to Rs 109.6 as of now. Around 3.5 million shares in volume have been traded today so far. The share price has fallen 6.6% since the last week and increased 0.7% since the last month. Aviation stocks are trading today in a positive note as crude oil prices declined 4.2% and closed at $65.4 per barrel on Wednesday, January 8, after US and Iran conflict situation normalised. Spicejet is listed in 23 screeners on Trendlyne.
Linde India: The shares of Linde India surged 9.8% to Rs 708.7 in the stock market today. Around 2.7 lakh shares in volume have been traded so far. The share price of Linde India is up 5.9% since the past week and 17.1% since the last month. Linde India is engaged in the business of industrial gasses. The company is listed in 15 screeners on Trendlyne.
Gujarat State Fertilizer & Chemicals: The shares of Gujarat State Fertilizer & Chemicals jumped 7.8% to Rs 80.4 as of this writing. Around 4.2 million shares in volume have been traded so far. The share price increased 10.7% since the last week and 20% since the last month. Gujarat State Fertilizer & Chemicals is listed in 12 screeners on Trendlyne.