Page 590 - Si Reporter

Sensex, Nifty end with marginal losses; M&M rallies 5% post Q2 results

Among sectors, the BSE Auto index jumped 1.3 per cent. The Capital Goods, Energy and Oil & Gas indices were also up around a per cent each. The Metal index, however, was down 0.8 per cent

Tata Motors DVR hits over 4-year high; stock surges 53% in one month

Tata Motors DVR surged 9% to Rs 292.70, its highest level since June 2017

This Jhunjhunwala-owned stock hits over 13-year high; rises 102% in 6 mths

Aptech rallied 9% to Rs 407, its highest level since January 2008.

S H Kelkar and Co zooms 19% after 10% equity changes hands via block deals

At 09:15 am; around 14.12 million equity shares, representing 9.99 per cent of total equity of S H Kelkar and Company changed hands on the BSE, the exchange data shows.

TVS Motor soars 11%, nears record high on fund raise buzz for EV subsidiary

TVS Motor is in talks with a clutch of global private equity investors to raise $300-500 million for its electric vehicle subsidiary, reports suggest

Britannia Industries dips 5% on margin disappointment in Q2

The company said its operating margin contracted by 425 basis points (bps) to 14.09 per cent in Q2FY22 from 18.34 per cent in Q2FY21

Sensex gains 478pts, Nifty 152pts, ends atop 18,000; IndusInd Bk slips 10%

The broader markets also logged decent gains. The BSE Midcap and Smallcap indices jumped 1.3 per cent and 0.9 per cent, respectively.

Canara Bank hits over 2-year high; stock zooms 62% from QIP price

The stock was up 6% to Rs 242.60 and has rallied 62% against qualified institutional placement (QIP) price of Rs 149.35 per share

Muthoot Finance at new high on strong Q2 show; Manappuram also shines

The management of Muthoot Finance is optimistic about growing the company's gold loan book further and maintains 15 per cent growth guidance for FY22.

The share price of this restaurant firm has zoomed 46% in just 6 days

Barbeque Nation Hospitality surged 9 per cent to hit a new high of Rs 1,782.55 on the BSE

UltraTech Cement gains 4%, hits record high on strong demand outlook

The company is witnessing strong demand from various infrastructure constructions such as highway construction, railways, metro rail, irrigation projects, airports and urban housing market

Divis Labs falls 9% on weak operational performance in September quarter

Ebitda margin contracted by 180 basis points year-on-year to 41.5 per cent in Q2FY22 due to higher other expenses/employee costs.

IndusInd Bank slumps 10% despite clarification on loan evergreening issue

The bank's management said that report of lapses in governance and accounting norms to allegedly 'evergreen' loans running was "inaccurate and baseless"

Sensex slips 257pts, Nifty below 17,850; Airtel, ICICI, HDFC Bank weigh

The broader markets moved in tandem with the key benchmark indices. The BSE Midcap and Smallcap indices were down 0.2 per cent and 0.3 per cent, respectively.

Sobha soars 11% on fund raising plan; stock has zoomed 226% in one year

The board is scheduled to meet on Monday, November 8, 2021 to consider and approve the proposal of issue of unlisted secured redeemable non-convertible debentures on a private placement basis

Devyani International surges 25% in 4 days on robust Q2 results

In Q2FY22, the company posted consolidated profit after tax of Rs 46.6 crore as against a net loss of Rs 65.5 crore in Q2FY21.

Larsen & Toubro gains 4%, hits record high on hopes of strong order inflows

L&T's order inflow is expected to be good in October-March period (H2FY22) given the expected high activity in tendering in and awarding

SBI trades higher for 4th straight day, hits new high ahead of Q2 results

SBI appears well-positioned to report a strong uptick in earnings, led by moderation in credit costs, as the bank has strengthened its balance sheet and increased its PCR

Trent rallies 9% on strong September quarter results

The company said the recovery in revenue coupled with various cost mitigation measures, including with respect to property related pay-outs led to improved operating profitability

Allcargo Logistics freezes at 20% upper limit, at new high on robust Q2 nos

The company said the industry went through pain with low rates over several years and has now turned around post consolidation and do not see freight rates going back to earlier levels in near future.