It has been observed that the stocks which show buying, have either good volume or some news. They stay buzzing stocks for that day and big movement is expected in these stock throughout day. SRF Ltd rose 8.10% in intraday trading at Rs. 1756; recently the company announced that there is room for expansion in nonwovens in India.
Buzzing Stocks in D-Street before European Opening
1. BUZZING STOCKS IN D-STREET BEFORE EUROPEAN OPENING
It has been observed that those stocks shows buying which has good volume or news and they stay
buzzing stock for that day and big movement is expected in these stock throughout day.
SRF Ltd rose 8.10% in intraday trading at Rs. 1756; recently the company announced that there is
room for expansion in nonwovens in India. The company expects that the product will be greater
use in the automotive sector,
personal hygiene and medical and
textile sector.
Morpenlab is up 6.05% in intraday
trading at 26.30 and Morepen Labs
is in talks to sell OTC business to
Piramal's
Bombay Burmah Trading
Corporation (BBTC)which zoomed
7.09% currently trading at 617.00.
BBTC is a holding company of
Britannia; they hold more than 50%
of Britannia. Britannia rose 17%
from 8th August after it declaring its FY16 Q1 result.
Prestige Estate rose 6.00% currently trading at 217.30. Recently company plans to raise Rs. 2,000
crs by selling up to 40% stake in its rent-yielding commercial assets.
Radico Khaitan zoomed 6.45%, trading at 114.60, all beverages stocks showed buying today like
BBTC, up by 9%, and Pincon zoomed 3%.
Axiscades is up by 5.00% trading at 225.65, recently the company signs contract with Seimens
Wind Power for which the company has set up the dedicated overseas development center (ODC) at
Hyderabad with 50 engineers to serve for the project.
2. Cosmo Flims zoomed 5.30% trading at Rs.384.50; the company is going to showcase its specialty
packaging films especially barrier films in upcoming Fatchpack 2016 to be held on 27th Sep to 29th
Sep at Nuremberg, Germany. Barrier films typically used for spices, coffee/tea, perfume boxes and
chewing gum overwrapping.
Alembic Pharma rose 4.50% trading at Rs. 684.75. The stock has risen 18% from July low of Rs. 580
after the company announced that they are planning 6-8 new launches in coming year.
Top Performing Stocks for Today
TOP GAINER
Symbol LTP %change Sector
MOREPENLAB 27.45 10.69 PHARMA
SRF 1772.40 9.12 TEXTILES AND APPAREL
BBTC 624.55 8.14 FMCG- BREVERAGES
LAKSHMIEFL 51.25 6.32 FMCG- FOOD
TATAMETALI 441.00 6.21 METALS AND MINING
KESORAMIND 165.75 6.05 DIVERSIFIED
PRESTIGE 217.50 5.99 REALTY
OMKARCHEM 180.15 5.91 CHEMICALS
KECL 66.60 5.88 INFRA- CONSTRUCTION ENGINEERING AND MATERIALS
COSMOFILMS 386.00 5.84 FMCG- PACKAGING
RADICO 113.85 5.76 FMCG- BREVERAGES
AXISCADES 225.50 5.03 DEFENCE
AMTEKAUTO 48.45 4.98 AUTO-AUTO ANCL AND COMPONENTS
ATLASCYCLE 266.90 4.95 TRANSPORTATION LOGISTICS
BHARATFIN 851.85 4.86 FINANCIAL SERVICES- NBFC
NIITTECH 431.70 4.69 IT
SARDAEN 213.90 4.65 METALS AND MINING
IDFCBANK 72.45 4.55 BANKS-PRIVATE
KNRCON 735.00 4.51 INFRA- CONSTRUCTION ENGINEERING AND MATERIALS
WALCHANNAG 164.00 4.26 INFRA- MACHINERY EQUIPMENT
SINTEX 88.05 4.07 REALTY- HOUSEHOLD
SSWL 606.00 4.05 AUTO-AUTO ANCL AND COMPONENTS
MIRZAINT 94.00 4.04 FOOTWEAR
3. Top sector which has shown upward movement in Intraday as per Dynamic
Levels
FMCG- Beverages has risen 1.87% in which BBTC was up by 8.16%, Radico is up by 5.65%, Tata
Global is up by 2.5%.
FMCG- Packaging zoomed 1.43% were Cosmo Films zoomed 5.90% and Time Techno is up by 2.5%.
FMCG- Food is up by 1.07% was Lakhmi Energy & food is up by 6.9% and Parag Milk Food is up by
1%.
We suggest to invest in stock if there is buying in the sector. Performing sector attract huge
investment and stocks gives breakout.
Disclaimer
The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal views of the
research team. Users are advised to use the data for the purpose of information and rely on their own judgment while making
investment decision.
Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022
Disclosure
Dynamic Equities Pvt. Ltd. is a member of NSE, BSE, MCX SX and a DP with NSDL & CDSL. It is also engaged in Investment Advisory
Services and Portfolio Management Services. Dynamic Commodities Pvt. Ltd., associate company, is a member of MCX & NCDEX. We
declare that our activities were neither suspended nor we have defaulted with any stock exchange authority with whom we are
registered. SEBI, Exchanges and Depositories have conducted the routine inspection and based on their observations have issued
advise letters or levied minor penalty on for certain operational deviations.
Answers to the Best of our knowledge and belief of Dynamic/ its Associates/ Research Analyst: DYNAMIC/its Associates/ Research
Analyst/ his Relative:
Do not have any financial interest / any actual/beneficial ownership in the subject company.
Do not have any other material conflict of interest at the time of publication of the research report
Have not received any compensation from the subject company in the past twelve months
Have not managed or co-managed public offering of securities for the subject company.
Have not received any compensation for brokerage services or any products / services or any compensation or other
benefits from the subject company, nor engaged in market making activity for the subject company
Have not served as an officer, director or employee of the subject company
Article Written by
Vikash Kandoi