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  1. Mukta Arts, PB Fintech, ITC, EaseMyTrip, Trent: Check top buzzing stocks of the day

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Mukta Arts, PB Fintech, ITC, EaseMyTrip, Trent: Check top buzzing stocks of the day

Upstox

3 min read | Updated on September 26, 2024, 12:50 IST

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SUMMARY

Shares of EaseMyTrip (Easy Trip Planners) jumped as much as 6.99% to ₹36.70 apiece on Thursday, September 26, on the BSE by the time of writing this report. The stock surged as the company, via its exchange filing, said it has entered into an exclusive partnership with PhonePe for launching its Hotels segment on the platform.

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The NIFTY50 index snapped its 14-day winning streak and ended Wednesday's session in the red as weak global cues led to a sell-off in U.S. technology stocks.

Stock market today: The benchmark indices were trading at all-time levels in the afternoon trade on Thursday, September 26. At 12:42 PM, the S&P BSE SENSEX was trading at 85,472.27 points, up 302 points, or 0.36%. The NSE's NIFTY50 index was trading at 26,096.20 points, up 92 points, or 0.35%. 
Here is a list of stocks that are buzzing in today's trade
Mukta Arts: Shares of Subhash Ghai’s Mukta Arts Ltd. hit a 52-week high on both the NSE and BSE trading at ₹115 (+18.15%) and ₹115.08 per equity price, respectively, on Thursday, September 26.

The stock jumped as Subhash Ghai-led Mukta Arts entered into an agreement with Zee Entertainment for satellite and media rights of 37 films over six years. An "assignment agreement and term sheet have been executed between the company and Zee Entertainment Enterprises," according to a regulatory filing by Mukta Arts.

EaseMyTrip: Shares of EaseMyTrip (Easy Trip Planners) jumped as much as 6.99% to ₹36.70 apiece on Thursday, September 26, on the BSE by the time of writing this report. The stock surged as the company, via its exchange filing, said it has entered into an exclusive partnership with PhonePe for launching its Hotels segment on the platform.

This collaboration aims to enhance the user experience by providing seamless access to millions of domestic and international hotels. 

ITC: Shares of the company hit a 52-week high of ₹522.50 apiece on the BSE. 
Trent: Shares of Trent Ltd., the Tata Group company, rallied as much as 4.32% to ₹7,939 apiece on the BSE in the morning deals on Thursday, September 26, after news reports suggested Citi is positive on the stock given robust growth triggers ahead. The company is leveraging its supply chain and insights from Westside and Zudio, turning around its Star Bazaar business.
Bajaj Housing Finance: Shares of recently listed Bajaj Housing Finance jumped as much as 5.8% to hit a high of ₹163.10 apiece on the BSE on Thursday, September 26. At this level, the stock was trading 133% higher from the issue price of ₹70. The company's market capitalisation was ₹1,32,958.86 crore at the time of writing this report. The stock price stood at ₹159.65, up 3.59% on the BSE. 
PB Fintech: Shares of PB Fintech tumbled over 10% to Rs 1,545 on the BSE after the company indicated that it may foray into the healthcare space.

In a clarification to exchanges, the company said, “We believe if claims were a quicker and smoother experience, it would increase the number of people buying health insurance. It would be much better if interests were aligned between insurers and hospitals to give customers amazing claims experience, and we believe that would grow insurance penetration."

Prism Johnson: The stock was trading nearly 12% higher at ₹237.55 on the BSE.
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