Page 530 - Si Reporter

Sensex snaps 3-day losing streak, rises 274 pts; Paytm slumps 11%, PSBs up

CLOSING BELL: Shares of Paytm hit an intra-day low of Rs 474 apiece, and ended at Rs 475.

JK Paper jumps 4% on acquiring majority stake in Horizon Packs and SPPL

The shift in consumer preferences are driving demand for superior quality, eco-friendly packaging, JK Paper said.

Sensex drops 519pts, Nifty below 18,200; Easy Trip up 20%, Archean Chem 12%

CLOSING BELL: Over 35 stocks fell on the Nifty50 index, led by Adani Ports, Hindalco, TCS, HDFC, Tech M, Reliance Industries, Hero MotoCorp, Infosys, Grasim, JSW Steel, and Bajaj Finance

RHI Magnesita soars 14% post acquisition of Dalmia's Indian refractory biz

Based on the issuance price of RHI Magnesita India at Rs 632.5029 per share, the share consideration had a value of approximately Rs 1,708 crore.

Deepak Fertilisers, Aarti Ind soar up to 8% on plans to ink Rs8,000 cr deal

Both parties plan to execute the formal agreement before the close of this calendar year and the supply arrangement comes into effect from 1st April 2023.

Kabra Extrusion soars 17% as Battrixx inks pact with Hero Electric

The target is to supply 300,000 battery packs and chargers in the next financial year based on Hero Electric's projections

Steel stocks firm after export duty removal: GPIL, SAIL climb up to 19%

According to analysts at ICICI Securities, the removal of export duty augurs well for domestic steel players over a longer term horizon

Five Star Business Finance makes a weak debut, lists at 5% discount on BSE

Shares of Five Star Business Finance opened at Rs 468.8 on the NSE and at Rs 449.95 on the BSE.

Easy Trip Planners surges 20% as stock turns ex-date for split, bonus issue

The stock turned ex-date for 3:1 bonus issue, and 1:1 stock split

Sensex, Nifty recoup losses, end flat; auto stocks dip, PB Fintech gains 8%

CLOSING BELL: The S&P BSE Sensex ended with a marginal loss of 88 points, while the Nifty held the 18,300-level on Friday.

Relaxo Footwears extends slide on weak Q2 results; stock hits 18-month low

Thus far in the calendar year 2022, Relaxo Footwears has underperformed the market by declining 33 per cent as compared to a 4 per cent rise in the S&P BSE Sensex

Union Bank of India m-cap crosses Rs 50,000 cr; stock surges 61% in a month

In the past one month, shares of Union Bank of India zoomed 61 per cent, as against 4 per cent rise in the S&P BSE Sensex

Stock of this SME Company has zoomed 121% in 8 trading days

Shares of Evans Electric were locked at the 10 per cent upper circuit at Rs 189.75 on BSE on Friday, trading at fresh 52-week high amid heavy volumes

Bikaji Foods slips 6% to hit new low since listing, trades near issue price

With today's fall, the stock has declined 9.5 per cent from its high of Rs 334.70, touched on the listing day. It is now trading close to its issue price of Rs 300 per share

Honda India Power hits new high, zooms 45% in 1 month on strong Q2 results

In Q2FY23, the company's profit after tax jumped 167 per cent year-on-year at Rs 42.42 crore on the back of healthy operational income

Kirloskar group shares hit 52-wk highs; KOEL, KPCL up over 50% in 6 months

In the past six months, KOEL (up 131 per cent), KPCL (53 per cent) and Kirloskar Industries (45 per cent) zoomed over 40 per cent, as against 14 per cent rise in the benchmark index

Share price of this cigarette company has nearly doubled in 10 months

Shares of Godfrey Phillips hit a new high of Rs 1,842.70 as they rallied 5% on the BSE in Thursday's intra-day trade, and have zoomed 97% from its February low of Rs 937 on the BSE.

Tata Motors dips 3% as Jaguar Land Rover CEO Thierry Bollore resigns

The company has appointed Adrian Mardell (acting CFO), who has been witn the company for the past 32 years, as the interim CEO

Timken India soars 10% on plans to set up Gujarat manufacturing facility

The company will set up new manufacturing facility at Bharuch, Gujarat to manufacture Spherical Roller Bearings (SRB), Cylindrical Roller Bearings (CRB), and other components

R Systems zooms 20% on Blackstone's open offer to acquire majority stake

Blackstone has made an offer for acquiring up to 57.17 million equity shares, representing 48.33 per cent of R Systems equity, at Rs 245 apiece.