Page 518 - Si Reporter

Sensex slumps 774 pts, Nifty ends below 17900; Auto, FMCG stocks outshine

Closing Bell: Within sectors, the Nifty PSB index tanked 3.6 per cent followed by bank, financial indices. Auto, metals and FMCG pockets closed nearly flat with fractional cuts

Sensex, Nifty50 end flat in a wobbly trade; Tata Motors, Maruti surge 3%

CLOSING BELL: Broader markets, too, turned tepid as Nifty MidCap 100 and Nifty SmallCap 100 indices declined up to 0.3 per cent

PG Electroplast soars 8%, hits new high on strong business outlook

For FY23, the company has maintained sales guidance of Rs 1,800 crore, up 64 per cent over FY22

IT stocks extend gain; Persistent Systems, Coforge rise up to 16% in a week

Since January 6, the IT index rallied 9 per cent, as compared to 1.6 per cent rise in the Nifty50

Tata Motors gains 4% on heavy volumes; stock surges 12% in one month

Tata Motors and its wholly-owned subsidiary JLR to report December quarter results on Wednesday, January 25, 2023.

Gravita India surges 8% to hit record high after strong Q3 results

Analysts at ICRA believe that the company's credit profile is likely to improve in the near term, supported by higher share of value-added products and healthy volumetric growth

Profit-booking in Axis Bank after strong Q3 results, stock slumps 2%

With Tuesday's decline, the stock price of Axis Bank corrected 6 per cent from its record high level of Rs 970.45, which it had touched on January 4, 2023

HDFC Bank rallies 7% in six days; stock inches towards all-time high

The management said the final hearing of NCLT, regarding the merger with HDFC, would take place on January 27, 2023, post which regulatory process will remain to be undertaken.

Sensex rises 320 pts, Nifty ends atop 18100; IT index up 2%, YES Bk down 8%

Closing Bell: Sectorally, Nifty IT clocked around a 2 per cent gain, followed by nearly 1 per cent upmove in bank, auto, FMCG and pharma indices. Metals and realty were the only pockets to close lower

Persistent Systems hits 9-month high; rallies 15% in 3 days post Q3 results

The company's strong performance in recent years, healthy order book, and strong deal pipeline indicate an encouraging demand trend, said Motilal Oswal

Lloyds Metals hits new high on robust Q3 results; stock up 67% in 2 months

The company said that the revenue growth in Q3FY23 was driven by volume and price growth in both sponge iron and iron ore

Kabra ExtrusionTechnik surges 15%, nears 52-week high on strong Q3 show

The management said revenue growth in Q3FY23 was aided by strong growth in the Battrixx division revenues.

Cement trades weak on profit-booking; UltraTech dips 3% post Q3 results

UltraTech Cement said that rising government spending, recovery in the rural economy on a pickup in farm incomes and pre-sales of housing real estate should also help the industry recover.

YES Bank tanks 12% on heavy volumes as Q3 net plunges 81%

The management said it would be difficult to give guidance on margins (NIMs) due to pressure from pricing deposits.

Reliance Industries gains 1% post December quarter earnings

The Mukesh Ambani-led RIL has cautioned against the impact of global economic headwinds on energy demand, in its post-results conference call.

PVR dips 5%, hits over 10-month low post December quarter results

According to analysts, key medium-term trigger for the stock will be the proposed merger with INOX, which likely to be consummated within a month

Sensex sheds 237 pts dragged by HUL, RIL, Infosys; Nifty ends below 18,050

Closing Bell: Broader markets bled more than benchmarks with the BSE Midcap and Smallcap indices falling up to 0.7 per cent

Coforge jumps 7% after Q3FY23 results beats Street estimate

The firm upgraded its fiscal year 2023 annual revenue growth guidance to 22 per cent in constant currency terms and reaffirmed adjusted EBITDA annual margin guidance

The stock of this iron & steel company has doubled in three months

Jindal Stainless hit a new high of Rs 263, rallied 7% in intra-day trade today and has surged 23% in past one month.

Hindustan Zinc to acquire Vedanta's international zinc biz; stock slides 9%

The company's board approved the acquisition of Zinc International business for a cash consideration not exceeding $ 2,981 million