Page 571 - Si Reporter

Sensex tanks 1,307pts on RBI's sudden 40bps rate hike; Nifty breaks 16,700

Meanwhile, the mega LIC IPO was off to a steady start, with policyholder and employee segment receiving strong response on Day 1 of the offer period.

Britannia Industries surges 10% on upbeat volume in March quarter

The company delivered robust top-line growth of 15 per cent and a mid-single digit volume growth in March quarter (Q4FY22).

Sensex bounces 563 pts off lows, ends 87 pts down; Nifty holds 17,050

CLOSING BELL: IndusInd Bank, NTPC, Tata Steel, HDFC, PowerGrid, and ITC were the major gainers

Stock of this e-learning firm has zoomed 113% from issue price in 3 weeks

Veranda Learning was locked at the upper circuit for the eight straight trading day, up 5 per cent at Rs 291.20 on the BSE, and had zoomed 70 per cent since April 20.

Amber Enterprises soars 8%, hits record high on hopes of strong AC volumes

Amber Enterprises is a market leader in domestic room air conditioner (RAC) industry and air conditioning industry for mobility applications such as railways, metros, buses etc.

Solara Active Pharma slips 15% after Rajender Rao resigns as MD & CEO

Jitesh Devendra, former CEO and Managing Director (MD) of the company will return to Solara as MD, to steer the reset strategy of the Company

Gokaldas Exports surges 18% in two days on robust Q4 performance

Increased volume, better product mix, and improved operational efficiency all contributed to a growing operating profit in Q4.

Tata Chemicals surges 7% in weak market on strong Q4 performance

The management said the operating performance reflects higher volumes, realisations, and favorable market conditions.

Sensex gyrates 1,073 pts, ends 460 pts down; Axis Bk dips 6.5%, Maruti 2.5%

CLOSING BELL: Coal India, Adani Ports, Power Grid, Maruti Suzuki, Bajaj Auto, ONGC, Wipro, and Britannia Industries were the other laggards, down between 2.5 per cent and 4 per cent

Wipro slips 2%, hits 11-month low ahead of Q4 results

The commentary on recent M&A, deal wins, vertical commentary, commentary of client's IT budget and revenue guidance are key to watch

Camlin Fine slips 17% on earnings impact due to Russia-Ukraine crises

The Russia-Ukraine crisis has had an adverse impact on all costs especially raw materials, logistics and power and fuel

City gas distributor shares trade weak; IGL, MGL, Gujarat Gas down up to 6%

On the cost front, CGD companies are expected to incur high gas sourcing costs as spot liquefied natural gas (LNG) prices continue to remain at elevated levels.

CPCL surges 16% in two days on strong Q4 results; Dolly Khanna buys stake

On Thursday, April 28, 2022, investor Dolly Khanna bought 1 million equity shares representing 0.67 per cent stake in Chennia Petroleum at Rs 263.15 per share on the NSE.

Varroc zooms 20% on divestment plan of 4W lighting biz in US and Europe

The company believes that the divestment is part of company's strategy to align its resources with the high value and high growth primary markets in China, India, and two-wheeler sector globally.

F&O expiry: Nifty ends April series above 17,200; Sensex gains 702 pts

CLOSING BELL: 26 of the 30 Sensex constituents and 45 of the 50 Nifty constituents ended the day in the green led by HUL, HDFC Life, SBI Life, Asian Paints, UPL, PowerGrid, L&T, NTPC, SBI, and Infosys

BLS International surges 9% on fixing record date for bonus shares

The company has fixed May 17, 2022 as the 'Record Date' for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus equity shares in the ratio of 1:1

Network18 Media, TV18 Broadcast tank up to 19% in a firm market; here's why

Reliance and Viacom18, on Wednesday, announced a strategic partnership with Bodhi Tree Systems to form one of the largest TV and digital streaming companies in India

Zomato slips 46% so far in 2022 as FPIs, MFs trim stake in March quarter

Shares of food delivery company Zomato hit a new low of Rs 74.65, down 2 per cent on the BSE in Thursday's intra-day trade. The stock has dropped 6 per cent in the past two trading days.

The stock of this edible oil company has zoomed 86% in last four days

Shares of Poona Dal & Oil Industries hit a record high of Rs 103.15 and were locked at the 10% upper circuit on the BSE.

Indian Hotels surges 6% on healthy Q4 turnaround, strong demand outlook

The management said business outlook is positive with April and May trending ahead of 2019.