Page 426 - Si Reporter

Stock Market Highlights: Sensex tanks 1,062 pts, Nifty below 22k; Mid, SmallCap indices fall 2%

Stock Market Highlights on Thursday, May 09: Weighing on the benchmarks was selling in heavyweights like L&T, HDFC Bank, Reliance Industries, ITC, Asian Paints, ICICI Bank, and Bajaj Finance

Energy Mission Machineries IPO opens today, May 9: All you need to know

The price band for the IPO issue is set at Rs 131 to Rs 138 per share, with a minimum lot size of 1,000 shares

Stock Market Highlights, May 8: Benchmarks end flat after choppy session; Mid, SmallCap indices rise

Stock Market Highlights on May 8: The S&P BSE Sensex, after gyrating 611 points intraday, ended at 73,466, down 45 points. The Nifty, on the other hand, settled unchanged at 22,303

Nifty PSU Bank index snaps two day losing run; rises 2.5% on May 08

The banking sector stocks fell as the Reserve Bank of India (RBI) proposed to tighten the project financing norms, which require lenders to set aside higher capital for doling out loans to under-const

Balaji Amines soars 16% on margin expansion in Q4, 550% dividend bounty

Balaji Amines Q4 results: Ebitda margin expanded to 23.5 per cent from 19.7 per cent Y-o-Y in Q4FY24

Bharat Forge zooms over 9% on Q4 results, promising FY25 outlook

The surge came after the company announced its March quarter results (Q4FY24), and gave a promising FY25 outlook

Sonata Software plunges 15% on Q4 performance; profit declines 31% in FY24

Sonata Software, an IT firm, reported a 3 per cent year-on-year decline in net profit to Rs 110.36 crore for the fourth quarter ending March 2024, compared to Rs 113.77 crore in March 2023

Crompton Greaves stock rallies 5%, hits 52-week high on stable outlook

Crompton aims to deploy over 10,000 solar powered pumps under the PM-KUSUM Scheme in the next few years, in its efforts to make an impact in the energy efficiency category.

Indraprastha Gas surges 7% on decent Q4 results; net profit jumps 9%

At 11:11 AM; the shares of the company were trading 5.86 per cent higher at Rs 462.80 per share. Presently IGL is trading at a price to earnings multiple of 25.70 times

CarTrade at 28-month high; rallies 30% in 1-week as Goldman Sachs ups stake

Goldman Sachs Asset Management B.V. said their holdings have increased to 2.42 million shares, representing 5.16 per cent of the capital of CarTrade as at May 3, 2024.

PB Fintech up 3% as company turns in a profitable quarter

PB Fintech posted a profit of Rs 60.2 crore in the fourth quarter of FY24 (Q4 FY24), as compared to a loss of Rs 9.34 crore in the same quarter a year ago

Voltas slips 9% on profit booking after Q4 results disappoints Street

Voltas stock price update: The domestic projects continues to grow its order pad and retain a positive outlook given the increased infrastructure spending in the country, the company said

Protean eGov drops 7% on weak Q4 results; stock down 34% from record high

Protean eGov Technologies share price: With today's fall, the stock has come off 34 per cent from its all-time high level of Rs 1,712 per share hit on February 6, 2024

Pidilite Industries falls over 5% after Q4 results miss street estimates

Pidilite Industries' revenue from operations surged nearly 8 per cent to Rs 2,901.9 crore, as against Rs 2,689 crore in the same quarter a year ago

Arvind shares jump over 6%, hits record high after Q4 results

Arvind's topline grew 8.7 per cent year-on-year (Y-o-Y) to Rs 2,074.5 crore in Q4FY24, compared to Rs 1,880.7 crore in the corresponding period of the previous fiscal year

This SME stock has surged 100% in 1 month; zoomed 330% against IPO price

Shares of KP Green Energy (KPGE) locked in upper circuit for the fourth straight day, up 5 per cent at Rs 619.85 on the BSE on Tuesday at 12:50 pm; in otherwise a weak market.

DCM Shriram falls over 7% after weak March quarter results

DCM Shriram's operating margin squeezed 180 basis points (bps) to 13.1 per cent in the March quarter

Pharma major Lupin slides 5% as Q4 earnings miss street expectations

Mumbai-based Lupin posted a 52 percent year-on-year increase in consolidated net profit, reaching Rs 359.43 crore for the January-March quarter of FY24

CG Power zooms 6%, hits 52-week high on decent rise in Q4 revenues

The company registered standalone profit after tax (PAT) of Rs 240.59 crore for Q4FY24, slightly higher than Rs 240.23 crore from the corresponding period last year

FMCG shares in demand; Marico, Godrej, Dabur, HUL rally up to 10%

The rural demand has seen gradual improvement and management of the companies expects visibility on green shoots on the back of better monsoons and higher infra spend by the Government of India.