Page 483 - Si Reporter

Sensex ends 194 pts lower owing to late selling; Broader indices outperform

CLOSING BELL ON JUNE 01, 2023: The NSE Nifty 50 settled with a loss of 47 points below the 18,500-mark. Overall market breadth was fairly positive.

Sensex slips 347 pts on profit-taking, Nifty holds 18,500; RIL, SBI dip 2%

CLOSING BELL ON MAY 31, 2023: Reliance, HDFC and HDFC Bank accounted for nearly 90 per cent of the day's loss on the BSE benchmark; Midcaps and Smallcaps bucked the trend.

Tega Industries freezes at 10% upper circuit on strong Q4 results

Thus far in the calendar year, the stock has zoomed 56 per cent, as compared to 2.3 per cent rise in the S&P BSE Sensex.

Jindal Saw soars 9%, hits new high in a weak market on healthy biz outlook

In the past two weeks, the stock has surged 31% after the company reported strong Q4 earnings with consolidated net profit more-than-doubling to Rs 294 crore

Campus Activewear extends fall; slips 12% in two days on weak Q4 results

Reported EBITDA declined by 27.4 per cent year-on-year to Rs 57.12 crore; margin contracted by 590 bps YoY to 16.4 per cent.

Indo Count hits 52-week high, up 10% on healthy Q4 operational performance

The demand trajectory for home textiles, which had materially slowed down in key geographies such as the US, UK and Europe was gradually picking up pace.

Eureka Forbes zooms 29% in 2 days as profit nearly doubles in Q4FY23

Going forward, the management is confident of driving sustained performance on the back of differentiated innovations, an elevated customer experience, and a more efficient business mode

Block deal impact: Sona BLW slips 6%; HDFC Life gains 1%

Around 23.7 million equity shares representing 4 per cent of total equity of Sona Comstar changed hands on the NSE this morning, the exchange data shows.

Sensex extends rally to 4th day, ends 123 pts higher; ITC, IT stocks shine

CLOSING BELL ON MAY 30, 2023: The NSE Nifty 50 gained 35 points at 18,634; while the Bank Nifty hit a fresh all-time high at 44,499.

Repco Home Finance surges 25% in 2 days post solid Q4 results

Repco delivered a healthy turnaround in operating performance under the new MD & CEO in FY23 after a subdued FY22

ITC trades ex-date for dividend; stock gains over 2% in subdued market

Thus far in the calendar year 2023, ITC has outperformed the market by surging 35 per cent, as compared to 2.8 per cent rise in the S&P BSE Sensex

Inox Wind Energy, Inox Wind surge up to 11% on heavy volumes

Ministry of Power on Monday announced a complete waiver of the inter-state transmission system (ISTS) charges on the off-shore wind, green hydrogen, and green ammonia projects for 25 years.

Force Motors freezes at 20% upper circuit, hits 52-week high on robust Q4

Force Motors posted consolidated net profit of Rs 146.62 crore against loss of Rs 42.77 crore in the year ago quarter

Jubilant Pharmova slips 11% on USFDA observation, weak Q4 results

The United States Food and Drug Administration (US FDA) has classified its inspection of the company's Montreal Canada contract manufacturing (CMO) facility as Official Action Indicated (OAI)

RIL, ITC, HDFC twins lift Sensex 345 pts up; Bank Nifty hits new peak

CLOSING BELL ON MAY 29, 2023: The Nifty 50 ended 99 points higher, while the Bank Nifty registered an all-time high at 44,483, before settling up 0.7 per cent.

City Union Bank dips 10%, nears 52-week low on disappointing Q4 results

Though the management has guided for credit growth of 12-15 per cent, there will be near term pressure on NIMs and earnings, ICICI Securities said

Greaves Cotton sinks 10% as govt seeks to remove EV arm from FAME-2 scheme

The govt said that Greaves Electric Mobility failed to adhere to Phased Manufacturing Programme guidelines, hence it will need to return the subsidy of about Rs 124 cr claimed under the FAME-II scheme

IndusInd Bank regains Rs 1-trn market cap after 3 yrs; brokerages bullish

At 11:23 am; the stock was up 1.8 per cent at Rs 1,291.50, with a market capitalisation of Rs 1.002 trillion, the BSE data shows.

Bectors Food surges 17% in two days on record turnover, profit in Q4

Thus far in the calendar year 2023, the stock has zoomed 84 per cent, as compared to nearly 3 per cent rise in the S&P BSE Sensex.

Mahindra & Mahindra rallies 5% on steady March quarter earnings

Record annual profit was driven by successful mega launches in automotive, steady growth at farm equipment, strong operating performance at financial services and value unlock through monetisation.