return to news
  1. Upstox
    /
  2. News
    /
  3. Market News
    /
  4. Stocks
    /
  5. PG Electroplast, Honasa Consumer, ONGC, NTPC, Suzlon Energy, ZEEL: Check top buzzing stocks of the day

Market News

PG Electroplast, Honasa Consumer, ONGC, NTPC, Suzlon Energy, ZEEL: Check top buzzing stocks of the day

Upstox
By Upstox News Desk

4 min read | Updated on November 19, 2024, 13:08 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Shares of Honasa Consumer were trading over 10% lower at ₹265.90 apiece on the BSE. The stock is taking a heavy beating after the company's poor set of numbers for the September 2024 quarter. The company reported a consolidated loss of ₹18.57 crore for the second quarter ended September 30, 2024, on account of inventory correction.

Stock list

HONASA
--
NTPC
--
SUZLON
--
PGEL
--
Shares of Jindal Worldwide were trading 18.50% higher at ₹330.25 apiece on the BSE in the afternoon deals on Tuesday, November 19.

Shares of Jindal Worldwide were trading 18.50% higher at ₹330.25 apiece on the BSE in the afternoon deals on Tuesday, November 19.

Buzzing Stocks: Bulls were in the driver's seat in the afternoon deals on Tuesday, November 19, amid healthy buying across the board. 

At 12:43 AM, the S&P BSE SENSEX was trading at 78,333.78 levels, up 995 points, or 1.29%. The broader NIFTY50 index was trading at  23,746.85 levels, up 293 points, or 1.25%.

Here is a list of stocks that are buzzing in today's trade. 
Honasa Consumer: Shares of Honasa Consumer were trading over 10% lower at ₹265.90 apiece on the BSE. The stock is taking a heavy beating after the company's poor set of numbers for the September 2024 quarter. 

The company reported a consolidated loss of ₹18.57 crore for the second quarter ended September 30, 2024, on account of inventory correction.

On Monday, the stock slumped 20% to ₹295.80—the lower circuit limit—on the BSE.

Jindal Worldwide: Shares of Jindal Worldwide were trading 18.50% higher at ₹330.25 apiece on the BSE in the afternoon deals on Tuesday, November 19. 

Jindal Worldwide is engaged in the textiles sector, and its main business activities are related to the manufacturing of denim fabric, premium shirtings, yarn dyeing, bottom weights, and home textiles through its various internal divisions. 

PG Electroplast: Shares of PG Electroplast jumped as much as 15% to hit a high of ₹718.35 apiece on the BSE on Tuesday, November 19, as the company, through its wholly-owned subsidiary, PG Technoplast Pvt. Ltd., has signed a definitive agreement with Spiro Mobility to become an exclusive manufacturing partner for the manufacturing of the EVs of Spiro Mobility (Spiro) in India. 
MTAR Technologies: The stock was trading over 9% higher at ₹1,762.10 on the BSE. The company's net profit declined 8.26% to ₹18.77 crore in the quarter ended September 2024 as against ₹20.46 crore during the previous quarter ended September 2023. 
JSW Holdings: The stock was frozen at a 5% lower circuit at ₹17,446.65 on the BSE. 
ZEEL: Shares of Zee Entertainment Enterprises Ltd rose nearly 8% on Tuesday after Punit Goenka resigned as the media company's Managing Director (MD). The stock gained up to 7.9% to ₹124.6 per share on the NSE. At 10:20 am, it was trading at ₹124, up 7.4%.

The company's market capitalisation stands at ₹11,911.40 crore, while the free-float m-cap is ₹11,423.85 crore.

Punit Goenka will continue as the chief executive officer (CEO) and focus entirely on operational responsibilities assigned to him by the company's board.

Delhivery: The stock was trading 6.5% higher at ₹348.95 on the BSE. Delhivery reported a consolidated net profit of ₹10.20 crore in Q2 FY25 as compared with a net loss of ₹102.94 crore in Q2 FY24.

Revenue from operations jumped 12.77% to ₹2,189.7 crore in the second quarter of FY25 as against ₹1,941.7 crore posted in Q2 FY24.

During the quarter, EBITDA stood at ₹57 crore in Q2 FY25 as against an EBITDA loss of ₹16 crore recorded in Q2 FY24. EBITDA margin came in at 2.6% in Q2 FY25 as against a negative EBITDA margin of 0.8% registered in the same period a year ago.

ALSO READ | Waaree Energies share price declines up to 6.3% after Q2 results announcement
Suzlon Energy: Suzlon Energy shares were locked in the 5% upper circuit limit of ₹62.37 apiece on the BSE as Morgan Stanley is bullish on the stock. 

The global brokerage firm highlighted Suzlon’s strong business moat and its position as a key beneficiary of India's energy transition. The company boasts a robust 5.1GW order backlog executable over the next two years, with a prudent focus on orders with higher offtake visibility.

CarTrade Tech: The stock hit a 52-week high of ₹1284.40 on the BSE. Last seen, shares were trading over 8% higher at ₹1,273.75 apiece on the BSE. 
Mahindra & Mahindra (M&M): The stock was trading 4% higher at ₹2,962.30 on the BSE. As per news reports, the negotiations between Mahindra & Mahindra (M&M) and Skoda Auto Volkswagen India for a 50:50 joint venture have stalled. 
The companies are unable to finalise crucial terms after signing non-binding memorandums of understanding (MoUs) due to disagreements, The Economic Times reported on Tuesday.
ONGC, NTPC: ONGC stock gained 4% while NTPC shares were up 3% as ONGC NTPC Green Private Ltd (ONGPL) has been incorporated as a 50:50 joint venture company of NTPC Green Energy Limited and ONGC Green Limited.

While NTPC Green Energy Limited (NGEL) is a wholly owned subsidiary of power giant NTPC, ONGC Green Limited (OGL) is a subsidiary of oil major Oil and Natural Gas Corporation Limited (ONGC).

The JV has been formed to explore and set up renewable energy (RE) projects/assets in India and overseas through greenfield development and acquisitions.

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

Next Story