by Ritmbarah Arora
Indostar Capital Finance: The share of Indostar Capital Finance is in the top gainers list for the second consecutive trading session. The stock price jumped 7.5% to Rs 279.8 today while it rose 8.7% to Rs 259 on Friday, January 24. Around 2 lakh shares in volume have been traded so far today. The share price increased 16.6% since the last week and 59.7% since the last month. Brookfield Asset Management is in talks to acquire a majority stake in Indostar Capital Finance as announced on Saturday, January 25. The company is listed in 17 screeners on Trendlyne.
Alembic Pharmaceuticals: The share price of Alembic Pharmaceuticals skyrocketed 5.9% to Rs 624.8. Around 7.9 lakh shares in volume have been traded so far. The share price of Alembic Pharmaceuticals is up 3.9% since the past week and 14.4% since the last month.
The stock price started rising after the company reported Q3FY20 results on January 25 with a 33.8% jump in the net profit to Rs 227.3 crore and EBITDA up 32.4% at Rs 325.5 crore. The company has received eight ANDA approvals during the quarter and has launched seven products in Q3FY20. Almebic Pharmaceuticals is listed in 29 screeners on Trendlyne.
Bombay Dyeing & Manufacturing Company: The shares of Bombay Dyeing & Manufacturing jumped 7.2% to Rs 95.4 as of this writing. Around 8.8 million shares in volume have been traded so far. The share price increased 4.4% since the last week and 27.7% since the last month, as per Trendlyne data. Bombay Dyeing is listed in 21 screeners on Trendlyne.
Affle (India): The share price of Affle (India) soared 5.3% to Rs 93.7 while around 1.2 lakh shares in volume have been traded so far. The stock price of Affle (India) is up 0.8% since the past week and 3.6% since the last month. The Q3FY20 results of the company will be announced on February 4, 2020. Affle (India) is listed in 18 screeners on Trendlyne.
APL Apollo Tubes: The share price of APL Apollo Tubes surged 9% to Rs 2,213 as of now and has hit its 52-week high today. Around 1.6 lakh shares in volume have been traded so far. The share price increased 10% since the last week and 27% since the last month. The share price started rising after the company announced strong Q3FY20 results. The consolidated net profit rose 6x times to Rs 83.2 crore from Rs 12.9 crore in Q3FY19. Net revenue of the company jumped 25% YoY to Rs 2,116 crore while sales volume increased 52% YoY to 4.8 lakh tons from 3.1 lakh tons. APL Apollo Tubes is listed in 26 screeners on Trendlyne.