Page 585 - Si Reporter

Sensex leaps 1,163 pts from the day's low, ends 581 pts up; Nifty tops 16K

CLOSING BELL: The winners included Indian Oil Corporation, Sun Pharma, Tata Consumer Products, TCS, Cipla, Shree Cement, NTPC, Tech M, Dr Reddy's Labs, Wipro, Ultratech Cement, and Infosys

Ashok Leyland tanks 22% in 1 week on margin concerns; hits 15-month low

The company's raw material costs in Q3 rose to 77.9 per cent of sales, up 120 bps quarter-on-quarter

IGL surges 10% on reports of CNG price hike; MGL rises 8% in choppy market

Reports suggest IGL has announced a hike in prices of compressed natural gas (CNG) in the Delhi-NCR region

Sugar shares in demand; Dhampur, Dwarikesh hit all-time highs

With a favourable mix of ethanol towards B-heavy/juice (feedstock) coupled with higher sugar realisations; operating margins of sugar companies are expected to improve.

PowerGrid Corporation surges 5%, hits record high in a volatile market

Overall, transmission bidding is likely to gather pace from FY23, which bodes well for PowerGrid Corporation, said Edelweiss in its analyst note.

Natco Pharma gains 9% as firm launches generic version of Revlimid in US

In the past three months, Natco Pharma has outperformed the market by gaining 8 per cent, as compared to 8 per cent decline in the S&P BSE Sensex.

Benchmarks fall 15% from record peak, end at 8-mth low; Sensex dips 1491pts

On the NSE, the Nifty50 index touched an intra-day low of 15,711 before settling at 15,863, down 382 points or 2.35 per cent

Balkrishna Industries recovers 8% from day's low, up 3% in a weak market

The company announced commencement of commercial production from its brownfield expansion & debottlenecking project at the Bhuj plant.

BSE FMCG index nears 52-week low; Dabur, Godrej Consumer slips up to 9%

HUL hit a fresh 52-week low of Rs 1,942, down 4% in intra-day trade today. The stock has tanked 15% in the past two weeks.

JK Cement slips 9% on board nod for Rs 600 cr investments in paint venture

In the past one month, the stock price of JK Cement has tanked 28 per cent on concerns of earnings downgrade due to rising energy cost.

Indigo Paints tanks 11%, hits new low; trades near IPO price of Rs 1,490

In the past one month, the stock underperformed the market by falling 24 per cent, after Indigo Paints reported a disappointing set of numbers for Q3FY22 mainly in margin front.

Sensex sinks 769 pts, Nifty below 16,250; Titan, Maruti fall 5%, IT stks up

CLOSING BELL: Sectorally, only the Nifty IT index eked out gain on the NSE, rising 0.14 per cent

Shakti Pumps hits 52-week low; plunges 20% in 1-month on growth concerns

The stock price of the company hit a 52-week low of Rs 473.50 and has almost halved or tanked 48 per cent from its 52-week high of Rs 910 touched on June 8, 2021.

Vadilal Industries extends fall; slips 10% in 3 days after 58% rally in Feb

In the previous month, stock of the ice cream maker zoomed 58 per cent, as against 2 per cent decline in the S&P BSE Sensex

ITC outperforms in weak market; stock gains 7% in last five days

In the past six months, the market price of ITC has gained 5.5 per cent, as compared to a 7 per cent decline in the Sensex.

GNFC bucks trend, hits life-time high on gaining 3%; up 33% in one month

The stock hit a new high of Rs 604.40, and has rallied 80 per cent in the past six months, as compared to a 6.6 per cent decline on the Sensex.

Asian Paints tanks 15% in 3 days, nears 52-week low on margin worries

The steep and unprecedented inflationary trend in raw material prices continued to impact the gross margins.

Voda Idea surges 7%; board to consider proposal to raise funds today

Vodafone and Aditya Birla Gourp intend to contribute towards an issue of equity shares by Vi once the terms of such a capital raise have been evaluated and decided on by the board of directors of Vi.

Stock of this state-owned mining company has zoomed 120% in two months

At 12:26 pm; GMDC was trading 15 per cent higher at Rs 158, as compared to a 0.13 per cent decline in the S&P BSE Sensex.

Adani Green soars 9% in two days after arm wins 150 MW solar power project

With this, AGEL now has a total renewable energy project portfolio of 20.434 MWac capacity, out of which 5.410 MWac projects are operational