Buzzing Stocks: Max Estates gains 6% on JDA; Concord Biotech rises 4% after bonus share approval

The latest market report highlights that Stock-specific activity is likely to stay in focus on Dalal Street on September 24, following a slew of corporate developments, block deal.

Shares of Pyramid Technoplast jumped more than 2% following the firm received an amended Consolidated Consent and Authorisation (CCA) from the Gujarat Pollution Control Board (GPCB), enabling the firm to receive, collect, store, transport, and recycle industrial packaging waste generated by other firms, including empty barrels, containers, and liners contaminated with hazardous chemicals/waste.

Rainbow Children's Medicare stock price eased 2% after firm appointed Sudarshan Patodia as the Chief Financial Officer and key managerial personnel of the firm and designated him as Group Chief Financial Officer, with effect from September 23.

Shares of Max Estates further noted 6% as firm will enter into a Joint Development Agreement (JDA) for an approximately 9.76-acre land parcel in Indirapuram, Ghaziabad, envisaging a super built-up development potential of around 1.5 million square feet and an estimated gross development value (GDV) of Rs 2,500-3,000 crore.

Concord Biotech stock price rose 4% after firm board approved the issuance of bonus shares in the proportion of one bonus equity share for every one share held by shareholders.

Market participants are anticipated to stay focused on brokerage calls, block deals, order wins, regulatory developments and other firm-specific triggers that could drive stock-level volatility during the session.