Page 486 - Si Reporter

Sensex ends lower for third straight day, slips 129 pts; SBI, ITC dip 2%

CLOSING BELL ON MAY 18: The NSE Nifty 50 slipped 52 points to 18,130 as weekly expiry also weighed on the sentiment.

AU Small Finance Bank joins Rs 50,000 cr m-cap club as stock hits new high

At 12:11 pm; the stock was up 2.8 per cent at Rs 752.15, with a market capitalisation of Rs 50,154 crore, the BSE data shows.

Jindal Saw hits new high on strong Q4 results; zooms 91% thus far in 2023

Jindal Saw's board has also approved, in-principle, to dispose-off its subsidiary Green Ray Holdings Limited, UK along with its step down subsidiary, Derwent Sand SARL, Algeri

Jubilant FoodWorks dips 5% on disappointing March quarter results

The company's sales growth during the quarter, led by footprint addition, but weak like-for-like (LFL), down 0.6 per cent, led to a decline in Ebitda and net profit.

Sensex ends 372 pts lower, trims losses in late deals; Smallcaps outperform

CLOSING BELL ON MAY 17: The NSE Nifty 50 shed over 100 points to settle at 18,182. The BSE Smallcap index outperformed and ended 0.2 per cent higher.

Rane (Madras) soars 19% as board approves divestment plan of US subsidiary

The turnaround planned in the US subsidiary had a setback due to poor offtake in the new business developed and even existing business

Stock of this technology solutions company has zoomed 100% in 11 weeks

Shares of Aurionpro Solutions locked in 10 per cent upper circuit at Rs 581.5 in Wednesday's intra-day trade, in an otherwise a weak market on strong growth outlook

Oberoi Realty dips 6% as sales value drops 27% YoY in Jan-Mar quarter

Adjusted profit after tax at Rs 300 crore, was lower than estimates of Rs 373 crore, given the weaker than expected operating show, said analysts at ICICI Securities in a note

Kaynes soars 19% on robust Q4 results; zooms 102% over IPO issue price

With an executable order book of over Rs 2,648 crore, the management said the company has visibility of strong growth

LIC Housing Finance tanks 7% day after reporting Q4 results

The company reported 5.5 per cent growth in Q4 net at Rs 1,180 crore, backed by a 20.8 per cent surge in total income.

CreditAccess Grameen surges 9%, hits new high on strong Q4 earnings

For FY24, the management has said that the company is sanguine to achieve a growth of 24%-25% in the gross loan portfolio, NIMs of 12%-12.2% with a steady state credit cost of 1.6%-1.8%

Bharti Airtel trades firm, up 1% post March quarter results

Strong 4G and postpaid subscriber additions along with healthy FCF generation were the key highlights in Q4.

Sensex sheds 413 pts as HDFC twins, RIL weigh; Nifty ends below 18,300

CLOSING BELL: The BSE Midcap, Smallcap indices, however, bucked the trend and ended with a gain of up to 0.2 per cent. Breadth too was marginally positive.

SBI hits over 3-month high ahead of Q4 results; stock gains 8% in one month

SBI is a sector proxy that benefits from its strong liability franchise and continued favourable sector tailwinds

Aurobindo hits 52-week high; zooms 63% from Feb low on improved performance

Analysts believe Aurobindo has multiple growth drivers in place with investments in vaccines, injectables, biosimilars and PLI, which are expected to be reflected from FY24

Engineers India hits over 3-year high; stock surges 45% in 7 weeks

The company is currently working on feasibility projects across multiple hydrocarbon fuels, pipeline and renewable fuels like hydrogen, ethanol and other biofuels.

HDFC, HDFC Bank turn ex-date for dividend; shares fall up to 2%

HDFC had declared a dividend of Rs 44 per share, whereas HDFC Bank had announced a dividend of Rs 19 per share.

PVR Inox hits 52-week low; down 4% as Q4 net loss widens to Rs 333 cr

The management believes that the two major factors that marred the industry in FY23 - underperformance of Hindi films and less number of Hollywood releases, will both ease out in FY24.

This smallcap pharma company has zoomed 44% in 3 days on strong Q4 results

Since February 2, 2023, the stock price of Neuland Labs more-than-doubled or zoomed 116 per cent from level of Rs 1,409.75

BSE Realty index hits 8-month high; Mahindra Lifespace, DLF soar up to 7%

Since April, in past one-and-half months, the S&P BSE Realty index has rallied 21 per cent, as compared to 5.8 per cent rise in the S&P BSE Sensex.