Page 563 - Si Reporter

Bajaj Auto sells 275,868 units in May 2022; stock dips 4% on profit booking

With schools/colleges opening in June 2022, there will be improvements in the footfalls in dealerships, according to analysts.

Sensex ends volatile session 185 pts down; IT stocks decline, PSBs shine

CLOSING BELL: The Nifty50 index shut shop at 16,523, down 62 points or 0.37 per cent

Rolex Rings rallies 11%, hits record high on strong demand outlook

Rolex Rings said the company is witnessing a strong demand pull across domestic as well as export markets, especially in industrial rings and automotive exports.

The stock of this merchant banker has zoomed 226% in five weeks

Galactico Corporate Services hit a new high of Rs 249.65 and was locked in upper circuit of 5 per cent for 14 straight trading days.

Oil India surges 15% in three days on strong March quarter results

Analysts remain bullish on prospects of the company due to increase in crude price realisation and improvement in domestic gas price realisation.

eMudhra makes decent debut, stock lists at 6% premium to issue price

The stock listed at Rs 271 on the BSE as against the issue price of Rs 256 per share. The IPO was subscribed 2.72 times.

Bharat Dynamics up 7% post Rs 2,971 crore deal with Defence Ministry

The company has signed a contract worth Rs 2,971 crore with Ministry of Defence for supply of Astra Mark-I BVRAAMs and associate equipments to Indian Air Force and Indian Navy.

Bata India slips 1% after nearly 3% equity changes hands via block deals

At 09:15 am; about 3.6 million equity shares representing 2.8 per cent of the total equity of Bata India had changed hands on the BSE, the exchange data showed.

M&M hits new high; rallies 12% in three days on healthy demand prospects

While the outlook for tractors has improved, analysts expect the auto business to be the key growth driver over the next couple of years.

Benchmarks snap 3-day winning run ahead of Q4 GDP data; Sensex fall 359 pts

CLOSING BELL: Sun Pharma, Kotak Bank, HDFC, SBI, Reliance Industries, Shree Cement, and HDFC Life fell up to 3.5 per cent.

This consumer electronics stock zoomed 2500% in 2 years; hits new high

The stock of PG Electroplast has surged 30 per cent in two days after the company posted strong operational performance in March 2022 quarter (Q4FY22) that signaled robust outlook.

Sun Pharma slips 4% on posting Rs 2,277 crores loss in Q4

The loss came on account of settlement charges of pending litigations in the US, and restructuring operations in some countries. Adjusted profit grew 18 per cent year on year (YoY) to Rs 1,582 crore.

Vi gains 10% on reports of Amazon & PEs Rs 20,000 crore investment plan

Sources say that the proceeds of the sale will be utilized to bid for the upcoming 5G spectrum auction and roll-out of services by end of the year.

Voltamp Transformers zooms 9%, stock up 32% in two weeks on strong Q4 nos

The company's profit jumped 67 per cent on a YoY basis, while sales grew by 36.3 per cent. The board has also recommended a dividend of Rs 35 per share.

J Kumar Infra gains 3%, hits 52-week high on solid Q4 results

In the past three months, the stock zoomed 55 per cent, as against 1 per cent decline in the S&P BSE Sensex.

RIL, IT stocks propel Sensex 1,041 pts up; Nifty tops 16,650; Ethos dips 9%

CLOSING BELL: Among individual stocks, Titan, Infosys, M&M, L&T, Reliance Industries, HCL Tech, TCS, and Tech M were the lead gainers

Raymond rallies 6%, hits 52-week high; stock zooms 163% in one year

The management expects consumer demand to stay strong with high number of weddings coupled with social gatherings and opening up of physical workspaces

JSW Steel dips 4% in a firm market on disappointing Q4 results

The company's consolidated profit after tax (PAT) declined 20 per cent year on year (YoY) to Rs 3,343 crore in March quarter on higher raw material cost

Timken India surges 14% on strong March quarter results

Going forward, Timken is expected to perform better with sustainable margins, new product launches and better performance in Indian CV & PV segment.

Ethos debuts on a weak note; stock lists at 6% discount to issue price

Shares of Ethos listed at Rs 825, a 6 per cent discount when compard with its issue price of Rs 878 per share on the NSE.