Page 490 - Si Reporter

Sensex plunges 695 pts, Nifty below 18,100 as HDFC twins sink up to 6%

CLOSING BELL: HDFC and HDFC Bank accounted for a loss of 645 points on the BSE benchmark. Broader indices ended with relatively lesser losses of around 0.5 per cent each.

Paytm shares rise 4% ahead of Q4FY23 results; here's what brokerages expect

Goldman Sachs expects Paytm to report revenue growth of 49 per cent on a year-on-year basis

United Breweries hits 52-week low as high RM prices hurt Q4FY23 margins

So far this calendar year (CY23), the stock has crashed over 20 per cent, as against 0.1 per cent rise in the S&P BSE Sensex

Sundram Fasteners hits new life-time high; gains 5% on solid Q4 earnings

The company's consolidated net profit grew by 19 per cent YoY to Rs 127.47 crore, backed by a 8.1 per cent rise in revenue.

Manappuram in freefall as ED freezes Rs 143 cr-assets; sinks 21% in 3 days

With today's fall, the stock has lost 21 per cent since Wednesday, May 3 when the ED had first began searches at the company's premises

TVS Motor vrooms 5%, hits 52-week high on better-than-expected Q4 result

TVS Motor Company posted a 22 per cent rise in consolidated net profit at Rs 336 crore

HDFC twins sink as Street fears MSCI blow may trigger $200 mn outflow

Shares of HDFC and HDFC Bank dropped up to 6 per cent. The Street had expected inflows worth $3 billion by foreign portfolio investors

Blue Star rallies 5% on 1:1 bonus plan; 3-fold jump in Q4 net

The company's net profit jumped to Rs 225 crore in Q4FY23 from Rs 76 crore a year ago, aided by profit from sale of freehold land.

Sensex soars 556 pts, ends at 2023 high; Nifty tops 18,250; HDFC twins lead

CLOSING BELL: The NSE Nifty 50 rallied 166 points. Index heavyweights HDFC, HDFC Bank and Reliance Industries contributed more than 60 per cent of the gain for Sensex.

Zomato rises 4%, hits 5-month high; stock surges 28% in one month

Motilal Oswal Financial Services last month initiated coverage on Zomato with a BUY rating

Rane Engine Valve freezes in 20% upper circuit on strong Q4 performance

REVL said sales to India OE customers grew by 28 per cent supported by strong off-take from passenger vehicle and commercial vehicle customers

MRF nears 52-week high on healthy Q4 results; stock rallies 8% in 2 days

Analysts at Motilal Oswal Financial Services (MOFSL) said that MRF's Q4FY23 performance surprised positively as lower raw material costs boosted Ebitda margin to 14.7 per cent

Petronet LNG dips 5% on disappointing Q4 results; net profit falls 18% YoY

The company's profit after tax (PAT) declined 18 per cent YoY (down 48 per cent QoQ) to Rs 614.3 crore. Revenue increased 24.3 per cent YoY (down 12 per cent QoQ) to Rs 13,873.9 crore

Surya Roshni nears record high on healthy outlook; zooms 106% in 6 months

In Q4FY23, the company achieved highest ever EBITDA/MT of Rs 9,868 in steel pipes and strips

Cholamandalam Investment soars 9% to hit a new high after strong Q4 results

The management said it had gained market share across product segments like in vehicle finance (VF), and other business units.

Tyre stocks rally up to 8% on MRF's strong Q4 results; Apollo at 52-wk high

MRF's board has recommended a final dividend of Rs 169 (1,690 per cent) per share

Adani Group shares weak; Adani Wilmar sheds 5% as Q4FY23 PAT sinks 56% YoY

Shares of Adani Enterprises, Adani Power, Adani Green Energy, Adani Total Gas, Ambuja Cements and Adani Ports and Special Economic Zone were trading 3-7 per cent lower intra-day

Manappuram Finance slumps 14% as ED raids premises in money laundering case

As per PTI, the raids were being undertaken to gather evidences related to allegations that the company collected public deposits worth over Rs 150 crore in contravention of RBI guidelines

Gravita India hits 52-week high; up 11% on huge volume day after Q4 results

A combined 2.2 million equity shares representing 3.1 per cent of total equity of Gravita India had changed hands in intra-day deals on the NSE and BSE.

CPSE index nears record high after six years; RVNL zooms 125% since March

In the past one month, CPSE index has outperformed the market by surging 7 per cent, as compared to 3.4 per cent rise in the S&P BSE Sensex.