Page 37 - Deepak Korgaonkar

Kaynes tanks 19% as Q3 revenue growth moderates; stk down 46% in Jan so far

The company reported revenues of Rs 509 crore, up by 30% YoY, and 15.6% QoQ as against a run-rate of around 60% 9MFY25

Tata Motors, IndusInd Bank, Axis Bank, Jio Fin, others hit 52-week lows

Shares of MRF, Astral, 3M India, Adani Wilmar, Godrej Properties, IDFC First Bank, Star Healthcare, Sona BLW and Procter & Gamble Hygiene from the BSE 200 index hit 52-week lows

Spandana, RInfra, Newgen among 685 stocks to hit lower circuit on the BSE

KPI Green Energy, Sterling & Wilson Renewable Energy, Jai Corp, PTC Industries and GMR Power & Urban Infra from the BSE A group were locked at the lower circuits in intra-day deals on Monday.

Smallcap index slips 4%, hits 7-month low; Netweb, Newgen, Solara tank 10%

The BSE Smallcap index plunged 13 per cent, as against the 10 per cent decline in the BSE Midcap index, and the 3.3 per cent fall in the BSE Sensex, so far in the month of January 2025

CreditAccess Grameen tanks 18%, hits 34-month low on weak Q3 results

The Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI) reported a loss of Rs 99.5 crore in December 2024 quarter, led by higher provision at Rs 752 crore

Sobha hits 52-week low; stock tanks 27% thus far in January

Shares of Sobha hit a 52-week low of Rs 1,148.30, down 6% in intra-day trade, falling below its previous low of Rs 1,176.01 touched on March 18, 2024.

Bajaj Housing, Waaree Energies, Mobikwik among 18 IPOs trading at new lows

Thus far in the month of January 2025, the BSE IPO index has tanked 11 per cent, as against 2.6 per cent decline in the BSE Senex.

This Mukul Agrawal portfolio stock zooms 26% in 2 days on strong Q3

Shares of MPS hit a record high of Rs 2,513.40, as they rallied 14 per cent on the BSE in Friday's intra-day trade in otherwise weak broader market.

Midcap IT in focus: Coforge, Persistent, Cigniti rally up to 11% post Q3

Why are midcap IT stocks rising today: Persistent Systems share price soared 8 per cent to Rs 6,163.45 per share after the company reported broad-based growth across geographies and segments.

UltraTech Cement rallies 6% post Q3 results; Ramco, JK Lakshmi surge 5%

Going forward, UltraTech expects to generate a sustainable volume growth of 7- 8% on likely government focus on infrastructure and housing projects, alongside increased rural and urban demand.

Jio Financial stock falls to over 11-month low; down 27% from Dec high

While the company's long-term prospects are promising, the volatility in earnings and the uncertain near-term outlook warrant a more cautious approach, according to analysts.

Aeroflex stock zooms 43% in 8 days, outperforms market on strong Q3 results

Management guides FY25E revenue growth of 18 per cent plus YoY, as orders from assembly segment (higher margin product) have gradually increased its share in the order book.

Wipro surges 5%, hits 3-year high; stock soars 15% in 4 days on strong Q3

Wipro's current combination of a favourable portfolio mix, new CEO ushering in positive momentum, strong margin performance and inexpensive valuations make for an attractive risk-reward profile

BSE Realty index hits 10-month low; Oberoi, Prestige, Lodha fall up to 7%

The BSE Realty index was trading at its lowest level since March 26, 2024, and has corrected by 23 per cent from its December 2024 high.

This Mukul Agrawal portfolio stock surges 23% in 3 days; hits new high

Mukul Agrawal bought a 1.61% stake in KRN, against nil holding at the end of September quarter, as per the company's December quarter shareholding pattern data

Paytm falls 7% on profit booking post Q3 results; up 161% in past 6 months

Paytm's revenue rose 10.1% sequentially, due to an increase in GMV, a healthy growth in subscription revenues and an increase in revenues from distribution of financial services

Newgen Software slips 10% post Q3 results; stock down 22% in 4 days

The revenue growth moderation was due to a lower-than-expected revenue realisation from the India business

SBI Life stock dips 3% post Q3 results; analysts lower target price

The insurer's VNB margin, a measure of profitability for life insurance companies, remained at 26.9 per cent in Q3 FY25, compared to 27.4 per cent in the corresponding period a year ago.

Vedanta quotes higher for fifth straight trading day; surges 12% in 1 week

Vedanta's consolidated Ebitda is expected to increase to more than Rs 44,000-45,000 cr by the end of FY25 (Rs 36,455 cr in FY24), supported by favourable prices and cost reduction

This smallcap defense stock has zoomed 60% in 1 month; nears record high

Shares of Apollo Micro Systems hit a 52-week high of Rs 150, as they rallied 14% on the BSE in Monday's intra-day trade amid heavy volumes on expectations of strong third quarter earnings