Action is seen on the shares of the stock companies of the listed companies of the stock market or the decisions taken by the government. Some companies announce their decisions after market close and some companies make their decisions public during market hours. Sometimes such information about companies is also filtered from other sources, which has a favorable or unfavorable effect on their stocks. Keeping this in mind, we provide daily information about such stocks or companies in the form of Buzzing Stocks for the investors, which will be in the headlines or focus during the market today due to some reason.
Vedant Fashions: The company’s net profit grew by 24%. The company’s income grew 28 per cent on a year-on-year basis to Rs 384.8 crore. The company’s EBITDA grew by 24.5 per cent on a year-on-year basis to Rs 191.5 crore during the quarter.
Panacea Biotec: The company will sell the pharmaceutical formulation brand to Mankind Pharma. It will sell its subsidiary’s formulations brand to pharmaceutical company Mankind Pharma. The total value of this deal is Rs 1,872 crore.
DB Realty: The Supreme Court has allowed the real estate company to develop land in Mumbai. With this decision, a freehold vacant parcel of approximately 22,000 square meters located in a commercial area in Mumbai is now available for development with subsidiary Esteem Properties.
Infibeam Avenues: Hiren Padhya has resigned as the Chief Financial Officer of the company. He has resigned to pursue a career outside the company.
Care Ratings: Pari Washington India Master Fund had bought 0.42 per cent equity stake in the company through an open market transaction on February 25. With this, its stake in the company increased by 7.14 per cent to 7.56 per cent.
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Easy Trip Planners: Nomura Singapore has bought 6 lakh equity shares in the company through open market transaction on BSE. These shares were bought at an average price of Rs 275 per share.
Huhtamaki India: The packaging solutions firm reported a loss of Rs 13.52 crore for the December 2021 quarter, as against a profit of Rs 5.08 crore in the corresponding period of the previous fiscal. But the topline grew by about 19 per cent year-on-year to Rs 661.6 crore.
Vipul Organics: The specialty chemicals company in its 50th year of operation has recommended bonus equity shares for shareholders and employee stock options schemes for employees. The company will issue one bonus share for every four shares held by the shareholders and two lakh options to eligible employees.
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