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Stock Market Highlights, Aug 7: Sensex climbs 875 pts; Nifty ends at 24,297; Mid, smallcaps outrun

Stock Market Highlights on August 7: As many as 44 out of 50 constituent stocks of the Nifty50 ended higher, with ONGC, Coal India, Adani Enterprises, and Adani Ports gaining up to 7.45 per cent

Ola Electric IPO allotment today: GMP tumbles; Check expected listing price

The shares of Ola Electric are scheduled to be allotted today. Once the allotment is finalised, investors can check the allotment status by visiting the official website of BSE or Link Intime India

Cummins India shares soar 7% post robust Q1FY25 net profit growth

On Tuesday, Cummins India reported a 33 per cent year-on-year (YoY) increase in its standalone net profit for the first quarter of FY25, reaching Rs 419.8 crore

IndusInd Bank down 2%, hits 52-week low; trades lower for 6th straight day

The stock of private sector bank is quoting lower for the sixth straight trading days, falling 6% during the period and 20% from its 52-week high of Rs 1,694.35 hit on January 15, 2024.

ONGC rallies 8% on upbeat volume guidance; Oil India surges 9%

ONGC management expects total crude oil/gas production volume (incl. JV) to rise by 12 per cent/27 per cent to 23.1mmt/25.9mmt by FY27, mainly driven by KG-98/2 and Daman upside development.

Bata India's stock slips 5% post muted revenue growth in Q1FY25 results

On Tuesday, Bata India reported a 62.84 per cent increase in its consolidated net profit for the first quarter ending June 2024, reaching Rs 174.36 crore

Chambal Fertilisers gains 4% on healthy Q1FY25 performance; details here

The rise in the stock price came after the company posted healthy numbers in the June quarter of financial year 2025 (Q1FY25).

Real estate stocks gain as govt proposes to amend indexation, LTCG tax rule

LTCG indexation amendment: Under the proposed amendment, home owners, planning to sell their property bought before July 23, 2024, can choose between the new and the old tax regimes

Lupin's shares zoom 6%, hit 52-week high on solid Q1 show; details here

Mumbai-based Lupin reported a whopping 77.2 per cent year-on-year (Y-o-Y) increase in profit after tax (PAT) for Q1FY25, reaching Rs 801 crore

Here's why EIH stock price plunged 10% in intraday deals on August 7

The sharp fall in the stock price came after the company reported a weak set of numbers in the June quarter (Q1FY25).

PB Fintech's shares skyrocket 16%, hit all time high post Q1; check details

The stock price of PB Fintech surged up to 16.23 per cent, hitting its all time high at Rs 1664.35 per share on the BSE in Wednesday's intraday trade

Gland Pharma tanks 9% on weak June quarter show; Q1 profit drops 26%

The share price fell after the company reported a weak set of June quarter (Q1FY25) results.

GR Infraprojects up 3% on emerging lowest bidder for project in Karnataka

The uptick in share price came after the company announced that it has emerged as the lowest bidder (L-1) for a project in Karnataka. The company, however, did not disclose the cost of the project.

Crypto markets rebound on Tuesday amid global equity market recovery

The oldest cryptocurrency, Bitcoin, which registered a fall of over 12 per cent yesterday, has jumped over 9 per cent in the last 24 hours

Graphite India stock jumps 8% after reporting Rs 237 cr net profit in Q1

The stock price of Graphite India surged up to 8.38 per cent to Rs 46.62 per share on the BSE in Tuesday's intraday deals

Vedanta's shares surge after net profit grows 54% YoY in Q1FY25 results

The stock price of Vedanta surged up to 2 per cent to Rs 422 per share on the BSE in Tuesday's intraday deals. This came after the company's net profits more than doubled sequentially

Symphony shares hit 20% upper circuit on strong Q1 results, buyback plan

The uptick in the stock price came after the company posted a strong set of numbers in the June quarter. The board also announced a dividend and share buyback, which further fuelled the stock rally.

Triveni Turbines stock zooms over 6% after strong Q1FY25 results

This upward move followed the company's report of a 31.9 per cent rise in profit after tax (PAT) on a year-on-year (YoY) basis for the first quarter of the financial year 2024-25 (Q1FY25)

HCC's stock price tanks 5% after reporting a net loss of Rs 2.5 cr in Q1

The stock price of Hindustan Construction Company (HCC) fell up to 4.81 per cent to Rs 46.62 per share on the BSE in Tuesday's intraday deals

Brigade Ent climbs 11% on healthy Q1FY25 results; profit more than doubles

The share price rose after the company reported a strong set of numbers in the June quarter of financial year 2025 (Q1FY25).