Page 604 - Si Reporter

Broader indices fall 2%; Nifty Metal skids 6% on global growth concerns

The 30-share Sensex index declined 300 points, or 0.4 per cent, and closed at 55,329 levels on Friday while the Nifty50 index slipped ended at 16,451 levels, down 118 points or 0.7 per cent

Hindustan Aeronautics gains 10% in 2 days on deal with GE Aviation

The company said it has signed a $716 million deal with GE Aviation for procurement of 99 engines for manufacturing 83 LCA Tejas for Indian Air Force (IAF)

Hindustan Unilever hits 52-week high; trades higher for 7th straight day

In the past seven trading days, the stock of HUL has rallied 7 per cent as compared to a 1.5 per cent rise in the S&P BSE Sensex and a 2.8 per cent gain in the S&P BSE FMCG index

CarTrade Tech lists 1% below issue price at Rs 1,600 per share

At 10:01 am, CarTrade Tech was trading at Rs 1,579.70, down 2.4 per cent to its issue pricee of Rs 1,1618 per share

Mindtree rallies 6%, hits new high in a weak market; zooms 101% in 6 months

In Q1FY22, the company saw healthy order book led by closure of certain deals (especially BFSI), increase in multi-year deals , renewals, higher demand from retail & CPG clients

Stocks to watch: CarTrade Tech, HDFC Bank, Vodafone Idea, Airtel, Indostar

MD and CEO Nitin Chugh of Ujjivan Small Finance Bank has resigned from the bank and his tenure will come to an end on September 30

Sensex soars 593 pts, ends above 55,400; Nifty at 16,529; IT stocks dazzle

On the contrary, broader indices underperformed and ended mildly lower

TCS rallies 4%, hits record high; market-cap nears Rs 13-trillion mark

TCS' market-cap hit Rs 12.87-trillion mark in the intra-day trade today and is just 1.01 per cent away to achieve the Rs 13-trillion m-cap feat

This specialty chemicals firm has rallied 52% in 6 days; here's why

For Q1FY22, Jubilant Industries reported a consolidated net profit of Rs 21.85 crore as against a net loss of Rs 27.75 crore in Q4FY21 and a loss of Rs 2.72 crore in Q1FY21

L&T hits record high on order win from Technip Energies

In two days, the stock has gained 4% after L&T announced divestment of 100% stake in its 99 MW hydro power plant located in Uttarakhand to Renew Power for the sale consideration of Rs 985 crore.

Globus Spirits at new high as promoter, institutional investors buy stake

On Wednesday, August 12, promoter Ram Bagh Facility Services LLP bought an additional 162,000 shares, while Long Term Equity Fund purchased 175,000 shares of the company

Aurobindo Pharma dips 5% on weak operational performance in June quarter

Aurobindo Pharma has entered into definitive agreements under which the Company will subscribe to fresh equity shares in Cronus amounting to Rs 420 crore

Stocks to watch: Tata Steel, Eicher Motors, Hero Moto, SpiceJet, Dish TV

NMDC posted an over six-fold jump in its consolidated net profit to Rs 3,191.30 crore in the first quarter ended June

Benchmarks end at closing peak; Nifty tops 16,350; broader indices outrun

The Nifty IT index jumped 3 per cent and ended around record high levels of 32,245.

Nelco freezes at 10% upper circuit for 2nd straight day; hits multi-yr high

Shares of Nelco were trading at their highest level since 1992

Yes Bank hits 52-week low in firm market, down 33% thus far in 2021

Analysts at Emkay Global Financial Services expect the bank's RoA trajectory to remain sub-par at 0.5-0.8 per cent over FY23-24E vs. management expectation of 1-1.5 per cent

Indoco Remedies zooms 20%, hits record high on strong Q1 results

Indoco is expected to post strong FY22 top line growth as Domestic sales normalize and grow amid opportunities arising out of post-Covid complications, ICICI Securities said

Bata India jumps 5%, hits 52-week high on narrowing net loss in Q1

The firm's operating revenue grew 98 per cent to Rs 267 crore on a low base of Rs 135 crore that it has reported in the year-ago period

VIP Industries back in the black in Q1FY22; stock zooms 14%

The company's consolidated net profit stood at Rs 2.53 crore in Q1FY22 compared with net loss of Rs 51.32 crore in the year-ago period.

Stocks to watch: Hero Moto, Tata Steel, Essar Shipping, Bajaj Finserv, Bata

State-owned Power Grid Corporation of India board has decided to infuse fresh equity up to Rs 425 crore in Energy Efficiency Services