Page 487 - Si Reporter

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.

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.

Sensex gains 318 pts as investors cheer dip in inflation; Realty stks rally

CLOSING BELL: The NSE Nifty 50 ended with a gain of 84 points; Realty index soared over 4%; auto and bank shares also logged significant gains.

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.

Lupin extends gain, hits 52-wk high post Q4 results; surges 20% in 1 month

Analysts believe the stock is factoring margin recovery and certain niche launches in the US.

Adani Group shares trade weak in a firm market; decline up to 5%

In past two days, stock price of Adani Transmission and Adani Total Gas dipped 7 per cent and 9 per cent, respectively, after Global index provider MSCI dropped these stocks from its India index.

DLF rallies 5%; hits multi-year high on healthy March quarter results

The company reported 40 per cent YoY growth in consolidated net profit at Rs 581 crore for the January-March quarter, driven by strong margins and revenue mix.

Avenue Supermarts slips 5% on subdued Q4 operational performance

Lower consumer spending in General Merchandise and Apparel continues and has impacted the margin mix downwards, the company said.

Tata Motors surges 4%; hits over 6-year high on strong Q4 earnings

On FY24 outlook, Tata Motors said it remains optimistic on demand despite near term uncertainties while anticipating moderate inflation.

Caplin Point rises 10% after arm gets USFDA nod for anti-inflammatory drug

So far this calendar year (CY23), shares of Caplin Point have declined 0.4 per cent, as against 1 per cent rise in the S&P BSE Sensex

Cera Sanitaryware zooms 8% as company logs highest-ever sales revenue in Q4

The management said it focused on driving an improved product mix with new products comprising products to aid revenue growth

Siemens hits record high; up 3% on posting 39% jump in Q4 net

The company reported 38.7 per cent YoY growth in Q4FY23 net profit at Rs 471.80 crore, backed by 28.6 per cent rise in revenue at Rs 4,974.40 crore.