Buzzing Stocks: Even though there is heavy pressure on the stock market these days and many bluechip and heavyweight stocks remain in decline. Despite this, there are many such stocks in the market which are in the headlines due to the news. Here we are telling about some such stocks, in which investors can get earning opportunities.
3i Infotech
3i Infotech has received a work order from the Rajasthan State Pollution Control Board (RSPCB) for the design, development, implementation and maintenance of Integrated e-Governance Solution 2.0. The total value of this contract is Rs 12.85 crore. On March 4, the stock hit an upper circuit, but in the last one month, it had registered a fall of 31 percent.
Balakrishna Industries
Balkrishna Industries has started commercial production under its expansion and bottlenecking project at its Bhuj plant. With this the company’s tire production has increased to 50,000 MTPA. The stock lost 1.7 per cent on March 4 and has lost 23 per cent in the last one month.
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PNB Housing Finance
There will be a board meeting on March 9 to consider the fund raising of PNB Housing Finance. Its stock had lost 1.3 per cent on March 4 and has lost 7 per cent in the last one year.
Nazara Technologies
Nazara Technologies: Mobile gaming company has approved issuance of equity shares of Rs 25 crore to existing shareholders Dataworks Business Solutions. These shares will be issued on a preferential basis at the rate of Rs 2,260 per share. The stock has lost 17 per cent in the last one month.
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V-Mart Retail
SBI Funds Management has bought 4.5 per cent stake in the company from the open market on March 3 through several schemes. With this, his stake in the company has increased to 8.76 percent. The stock has gained 20 per cent in the last one year, but it has weakened by 9 per cent in the last one month.
KPIT Technologies
ICRA has given ‘AA’ long term rating with ‘stable’ outlook and ‘A1+’ short term rating for KPIT Technologies’ bank facilities. The stock lost 3.7 per cent on March 4 and has lost 12.4 per cent in the last one month.
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tube investment
Tube Investments of India’s subsidiary TI Clean Mobility has bought 70 per cent stake in Cellestial E-Mobility. The Murugappa Group company entered into an agreement with Cellestial E-Mobility in January 2022 for this deal in January 2022. The stock has lost 17 per cent in the last one month.
Cantabil Retail India
Cantabil Retail India has opened eight new showrooms/stores in February 2022 across India locations. The total number of showrooms/shops of the company has increased to 375. The stock has given a return of 86 per cent in the last one year, but has lost 19 per cent in the last one month.
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Wipro has appointed Nicolas (Nick) Paramashijian as the new CEO for its owned company Designit. Wipro’s stock has gained 31 per cent in the last one year.
Khadim India
Khadim India promoter Tanushree Roy Burman bought 41,600 shares of the company from the open market on March 2. With this, Tanushree’s stake in the company has increased to 0.49 per cent. The stock has lost 15 per cent in the last one month, in which one year it has gained 35 per cent.
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