CreditAccess Grameen, Bajaj Finance, Petronet LNG, Eicher Motors, Maruti, TCS, CSB Bank: Check top buzzing stocks of the day

At 12:53 PM, the S&P BSE SENSEX was trading at 79,572.40, up 1,065 points, or 1.36%, while the NSE's NIFTY50 index was trading at 24,066.25, up 323 points, or 1.36%.

The new timeline for the implementation of these rules is now April 1, 2025, according to these reports.

Spandana Sphoorty Financial shares were also trading in the green—up 1.56% at ₹334.60.

The brokerage has opened a ’90-day catalyst watch’ window for the stock.

"We expect only a marginal uptick in Q3 credit cost to 2.2-2.25%. AUM is expected to grow 6% Q-o-Q and 7% Y-o-Y, aided by mortgages, sales financing, securities lending, and new businesses. We expect positive NIM bias as it may rise 3-5 bps," Citi said, as per reports.

Bajaj Finserv shares were trading over 6.6% higher at ₹1,680.90 apiece on the NSE.

Bajaj Finance is the subsidiary of Bajaj Finserv.

The stock climbed as much as 7% to a record high of ₹5,228.15 per share on the National Stock Exchange.

Royal Enfield recorded monthly sales of 79,466 motorcycles in December 2024, reflecting a 25% jump from 63,387 units sold in the same month in the previous financial year.

The cost of the project is ₹78.43, including tax.

With today's rally, the stock of the auto major has risen over 7% in two days.

The business update showed that CSB Bank's total deposits grew by 22.17% year on year to ₹33,406 crore during Q3FY25, and advances against gold and gold jewellery rose by 36.28% YoY to ₹13,018 crore.

Gross advances reported by the bank were at ₹28,914 crore, higher by 26.45% on year.

As per news reports, PNGRB has said that the company seems to have made a profit at the cost of gas consumers and is seeking a framework to bring the regasification activities under its purview. The regulator said Petronet LNG has been 'profiting immensely' by escalating tariffs for regasification at its Dahej terminal every year and not passing on the benefits of capacity expansion and better utilisation.

Citi is of the view that the latest PNGRB observation is a meaningful regulatory risk for the company.

The move is also subject to clearance from the National Company Law Tribunal (NCLT) and other regulatory bodies. Upon approval, Jai Corp is set to receive approximately ₹364 crore from the reduction process.