Page 409 - Si Reporter

Indegene makes strong market debut; lists 46% premium over issue price

At 10:01 am; Indegene was trading at Rs 579.90, a 28 per cent premium over its issue price and fallen 12 per cent from its listing price on the BSE

Stock Market Highlights, May 13: Sensex recoups 910 pts from low, ends 112 pts up; Nifty holds 22100

Stock market highlights, Monday, May 13, 2024: In the broader markets, the BSE MidCap index gained 0.36 per cent, while the BSE SmallCap fell 0.23 per cent

State-owned Bank of India tanks over 12% as slippages, credit cost soar

According to reports, the bank's slippages increased to Rs 2,308 crore in Q4FY24 as against Rs 1313 crore in Q3FY24. Sippages denote the amount of fresh loans that have turned into bad loans

BEML surges 13% on solid Q4 numbers, hefty dividend

BEML's order book as on April 01, 2024, stood at Rs 11,872 crore as against Rs 8,570 crore in the previous year, an increase of 38.5 per cent.

Cipla surges 6% in weak market on upbeat management commentary

The management has guided 24.5 per cent-25.5 per cent Ebitda margin for FY25

ABB India rallies 8%, hits new high on strong March quarter results

ABB has positioned itself rightly in the domestic markets to benefit from private capex, industrial automation, PLI-led capex, global offshoring, improved energy demand, and technological advancements

Stock Market Highlights, May 10: Sensex snaps 3-day losing run, ends 260 pts up; Nifty reclaims 22K

Stock Market Wrap Friday, May 10: RIL, ITC and Airtel led the rally; broader indices - MidCap and SmallCap - outran the benchmark indices and finished 0.8 per cent higher.

CAMS stock rises 6% on healthy Q4FY24 results; up 20% thus far in 2024

CAMS stock price: In the past six months, the stock has gained over 30 per cent

Strides Pharma rises 3% after US FDA approves Hypocalcemia drug

The rise came after the company announced that the United States Food and Drug Administration (US FDA) has approved its Sevelamer carbonate tablets 800 mg

Polycab India rallies 5%, at new high in a weak market on solid Q4 results

In Q4FY24, Polycab's revenue grew by 29 per cent year-on-year at Rs 5,592 crore on the back of strong volume growth in W&C business.

Vijaya Diagnostic extends rally, surges 20% in 3 days on healthy Q4 results

In past one year, the market price of Vijaya has been more than doubled or zoomed 116%, as against 17% rise in the S&P BSE Sensex.

CGCL zooms 8% on healthy AUM growth in Q4; profit surges in double digits

The recent uptick in the stock came after the NBFC reported a profit after tax (PAT) of Rs 82.6 crore for the Q4FY24

SRF gains 2% as street pins hopes on chemical business recovery in H2FY25

The rise in stock came on hopes of recovery in the chemical business, which will pick up pace in the second half of FY25

Abbott India rises 4% on strong Q4 performance

Abbott India's profit jumped 24.1 per cent to Rs 287.1 crore in the March quarter of FY24 (Q4FY24), from Rs 231.4 crore in the March quarter of FY23 (Q4FY23)

BPCL stock surges 5% on 1:1 bonus issue; hefty dividend announcement

BPCL stock update: The state-owned oil marketing company reported a 30% year-on-year decline in a consolidated net profit of Rs 4,790 crore in Q4FY24.

VST Tillers Tractors tanks 6% on sluggish Q4 earnings; net profit drops

The recent dip came after VST Tillers Tractors Ltd reported a 13.4 per cent year on year (YoY) decline in net profit to Rs 34.8 crore for Q4FY24 on Thursday

Asian Paints, Berger Paints slip up to 4%; hit 52-week lows on weak demand

Asian Paints said decorative business revenues were 1.8 per cent lower than last year impacted by the weak demand environment and downtrading, particularly in the Premium segment.

Brokerage recommends buying these 3-stocks having upside up to 26%

According to analysts, one such stock that will keep its upward momentum going is Credit Access Gramin, having an upside of 26 per cent on its current market price of Rs 1,429 as of May 8

Auto index hits new high in weak market; TVS Motor, Hero MotoCorp surge 6%

Auto stocks: Thus far in the calendar year 2024, the BSE Auto index has rallied 23 per cent as against 1.1 per cent gain in the S&P BSE Sensex

TVS Motor stock rises 6% after Q4 results meet street estimates

TVS Motor's profit zoomed 18.3 per cent on a year-on-year (Y-o-Y) basis to Rs 485.4 crore in March quarter of financial year 2024 (Q4FY24), from Rs 410 crore in the same quarter a year ago (Q4FY23)