Page 470 - Si Reporter

Sensex ends flat in choppy trade; Metals gain; Asian Paints dips 4%, ITC 2%

CLOSING BELL ON JULY 25, 2023: The NSE Nifty ended 8 points higher; Tata Steel and JSW Steel were the major gainers on Tuesday.

Jyothy Labs zooms 19% on strong operational performance in June quarter

EBITDA margins for the quarter improved 710 bps to 17.1 per cent against 10 per cent in a year ago quarter, due to moderating input costs.

SRF hits 52-week low, slips 4% intra-day as Q1 PAT falls 41% from year ago

The management said the significant drop in profit was mainly due to the expected downcycle of the packaging films business and is expected to continue for the medium-term

Sharda Cropchem slips 7%, hits 3-month low on disappointing Q1 results

The company's revenues during the quarter declined 22.7 per cent YoY to Rs 638 crore due to lower sales in Europe and The North American Free Trade Agreement (NAFTA) Region.

SJVN hits new high on strong order inflows; stock surges 37% in one week

Government of Arunachal Pradesh has allotted five projects totalling 5.097 MW to the SJVN.

Stocks to Watch: Tata Steel, RIL, Maruti, TVS Motor, HDFC AMC, JK Paper

Stocks to Watch on July 25, 2023: Asian Paints, Bajaj Auto, Cyient, CEAT, Delta Corp, Jubilant FoodWorks, KPIT Tech, Larsen & Toubro, SBI Life and Tata Motors will release their Q1 results today

Sensex falls for 2nd day, slips 299 pts; ITC sheds 4%; auto stocks gain

CLOSING BELL ON JULY 24, 2023: The NSE Nifty ended with a loss of 73 points; Reliance down 2% was the other major laggard on Monday.

ITC dips 4% after board gives in-principle approval to demerge hotel biz

The Board has also approved incorporation of a wholly owned subsidiary of the company to be named ITC Hotels Limited

PSU shares in demand: SJVN, NHPC, RVNL, RITES hit fresh lifetime highs

At 12:45 pm; the S&P BSE PSU and S&P BSE CPSE index were up 1 per cent each, as against 0.10 per cent decline in the S&P BSE Sensex.

Utkarsh SFB extends post-debut rally; zooms 125% against issue price

Utkarsh Small Finance Bank (SFB) rallied 17 per cent to hit a new high of Rs 56.30 on the BSE in Monday's intra-day trade, extending gains from its strong market debut on Friday

Aarti Drugs surges 14% on firm Q1 result, approves buyback via tender route

The board has approved the buyback of 665,000 equity shares at Rs 900 per share via the tender offer route

Jay Bharat Maruti freezes at 5% upper circuit on stock split plan

In past three months, the stock price of the company has more-than-doubled or zoomed 123 per cent, as compared to 11 per cent rise in the S&P BSE Sensex.

ITC surpasses HUL to become the most-valued FMCG stock after 4 years

Thus far in calendar year 2023, the share price of ITC has appreciated by 48 per cent, while HUL's stock price has gained 1.3 per cent and the Sensex 8.8 per cent, respectively.

RIL dips 3% in intraday trade on weaker-than-expected Q1FY24 results

The company reported a 10.8% year-on-year dip in its consolidated net profit to Rs 16,011 crore owing to weak profitability seen in the O2C business

Stocks to Watch: RIL, ICICI Bank, Paytm, IGL, Biocon, YES Bank, Cyient DLM

Stocks to Watch on July 24, 2023: Tata Steel, HDFC AMC, Canara Bank, IDBI Bank, TVS Motor will announce their Q1 results today

Sensex drops 888pts, Nifty below 19,750; Infy sinks 8%, HUL, RIL up to 3.5%

Closing Bell on July 21, 2023: The benchmarks snapped their 6-day winning run. Among sectoral indices, the Nifty IT index shed 4 per cent, followed by the Nifty FMCG index (down 1 per cent)

Print media shares in focus; DB Corp, HT Media, Jagran rally up to 18%

The print sector has been on the uptrend over the past few months and this is likely to continue on the back of strong advertising revenues, driven by elections, government spending etc.

Talbros Automotive zooms over 100% since April; board to mull stock split

The company said its board will meet on August 8, 2023 to consider sub-division/splitting its existing equity shares

United Spirits rallies 7%; hits record high on healthy Q1 performance

In Q1FY24, the company's EBITDA jumped 84 per cent YoY to Rs 385 crore, margins expanded 638 bps to 17.7 per cent.

Utkarsh Small Finance Bank makes solid debut with 60% listing gains

Shares of Utkarsh Small Finance Bank listed at Rs 40, a 60 per cent premium over its issue price of Rs 25 per share on the National Stock Exchange (NSE) on Friday