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Stock Market Highlights, May 22: Sensex up 268pts, Nifty near 22600; Awfis Space IPO subscribed 1.5x

Stock Market Highlights on Wednesday, May 22, 2024: M-cap of all BSE listed companies settled at Rs 416 trillion or $5 trillion today

Cipla rallies 4% on US FDA approval to market Lanreotide injection

The approval for the generic version of Lanreotide Acetate is in line with Cipla's growth strategy in the complex product segment and will strengthen Cipla's position in the US market.

Metropolis Health up 8% post Q4 nos; Ameera appointed Executive Chairperson

Metropolis Health stock update: Metropolis Healthcare stock price hit a fresh record high of Rs 2,049 on Wednesday. Ameera Shah takes charge as executive chairperson and whole-time director

This PSU stock has surged 25% in 4 days; zoomed 107% in 6 months

In past nine trading days, the stock price of BEML has rallied 45 per cent.

Ircon International shares slide 5% on sluggish Q4 show; profits dip by 4%

The engineering and construction firm saw a decline of 3.8 per cent in its consolidated net profit, totaling Rs 246.8 crore for the March quarter, compared to Rs 256.49 crore from the same period last

HG Infra, PNC rally up to 13% on winning road projects in Maharashtra

Thus far in the current calendar year, HG Infra has zoomed nearly 90 per cent and PNC Infratech soared 44 per cent, against 2.5 per cnt rise in the S&P BSE Sensex.

Shares of JK Tyre zoom 10% amidst robust Q4 financials; profits soar

JK Tyre reported a 56 percent increase in its consolidated net profit for the fourth quarter, reaching Rs 169.33 crore, driven by sustained demand

Apollo Tyres rallies 6% after over 3% equity changes hands via block deals

Apollo Tyres block deal: As per reports, PE firm Warburg Pincus was looking to sell 3.5 per cent stake in Apollo Tyres

Stock Market Highlights, May 21: Market-cap of BSE-listed firms hits $5 trillion mark

Stock Market Highlights on Tuesday, May 21, 2024: The S&P BSE Sensex ended at 73,953, down 53 points, while the Nifty50 ended above 22,500, up 27 points

Vedanta nears record high on improved outlook; zooms 94% from March low

In past three trading days, it rallied 12% after declared first interim dividend of Rs 11 per share for FY25 and approved to raise funds up to Rs 8,500 crore by various financial instruments.

This stock has zoomed 1172% against IPO price in 5 yrs; m-cap hits Rs 1 trn

At 12:02 PM; Polycab India was trading 4% higher at Rs 6,736.80 on the BSE

Trident tanks 9% on weak Q4 performance; declares 36% dividend

Trident's net profit declined 54.8 per cent to Rs 59 crore in Q4 of financial year 2024, from Rs 130.6 crore in the same quarter a year ago (Q4FY23)

Wheels India shares zoom 19% on healthy Q4 results; up 23% in 5 sessions

The uptick came after the company posted a strong set of Q4 numbers. Wheels India's net profit soared 79 per cent on a year-on-year (Y-o-Y) basis to Rs 38.3 crore

IRFC shares zoom 5% amid strong Q4 results, Rs 50,000 cr fund raise plan

The stock prices of IRFC zoomed after the public sector undertaking reported strong net profits in the fourth quarter of financial year 2023-24 (Q4FY24)

Kalpataru Projects soars 15% on inking Rs 7,550 cr pact with Aramco

On March 5, 2024, KPIL had said the company selected for engineering, procurement and construction (EPC) contracts by Aramco for MGS-3 project.

Bharat Electronics up 9%, m-cap crosses Rs 2 trillion on healthy Q4 results

The stock of state-owned defence company is quoting higher for the sixth straight trading days and zoomed 26 per cent during the period

JSW Steel stock falls 2% as profit plunges 65% in Q4

JSW Steel's consolidated net profit dropped 64.5 per cent to Rs 1,299 crore, from Rs 3,664 crore in the previous year. Sequentially, the profit fell 46 per cent, from Rs 2,415 crore

Nestle India up 3% as shareholders reject high royalty payment to parent Co

The motion proposed to increase the royalty, paid to its parent, to 5.25 per cent of net sales, net of taxes, from 4.5 per cent at present

Amber Enterprises stock gains 1% after Q4 net rises 9%

Amber Enterprises stock update: The company's Q4 consolidated net profit grew 9.1 per cent YoY to Rs 108 crore, while revenue rose 7.1 per cent to Rs 3,003 crore in the March 2024 quarter.

Bharat Dynamics zooms 22% in 3 days; Board to announce Q4 results on May 30

Bharat Dynamics stock price: Over the past one year, Bharat Dynamics stock price has zoomed 116 per cent on the BSE