Page 619 - Si Reporter

Nifty hits new closing peak of 15,583; adds 6.5% in May; Sensex up 515 pts

RIL, up over 3 per cent on the National Stock Exchange (NSE), single-handed lifted the frontline Nifty50 index to record peak of 15,606 in the intra-day session today

Divi's Labs gains 3%, hits new high on strong March quarter results

The board has recommended a dividend of Rs 20 (i.e. 1,000 per cent) per equity share of face value Rs 2 each for the financial year 2020-21

Stocks to watch: HDFC Bank, M&M, BoB, Affle (India), Aurobindo Pharma, PNB

Bank of Baroda (BoB) reported a standalone net loss of Rs 1,047 crore in the quarter ended March 2021, as it shifted to a new tax regime

Nifty ends at new closing peak of 15,436; Sensex adds 308 pts; RIL soars 6%

Broader markets, however, settled the day in the red on the back of profit-booking. The BSE Midcap index fell 0.12 per cent and the BSE SmallCap index dropped 0.48 per cent

Metropolis Healthcare advances 14%, hits new high on healthy Q4 results

The company's Q4 reported Ebitda margins expanded by 820 bps YoY at 33.2 per cent on the back of increased scale of business, strong cost optimization and automation efforts

Lux Industries extends rally post March quarter result; gains 63% in 5 days

Analysts at Anand Rathi Share and Stock Brokers retain their 'Buy' rating on Lux Industries with a revised target price of Rs 3,344

Metals halt losing run; BSE Metal index gains 2%, JSPL, Tata Steel up 5%

The uptick in metal prices augurs well for domestic metal companies as it would have a positive rub-off on their financial performance, going forward

Hester Bio surges 22% in 2 days on tech transfer for manufacturing Covaxin

The technology transfer from Bharat Biotech will enable Hester to provide the drug substance from August 2021 to BB for its vaccine production

Sun Pharma dips 3% on profit booking post March quarter results

In the past three months, the stock outperformed the market by gaining nearly 20 per cent, as compared to 4.6 per cent rise in the S&P BSE Sensex, till Thursday

Stocks to watch: M&M, Sun Pharma, Eicher Motors, Glenmark Pharma

Analysts expect M&M to report up to 330 per cent YoY growth in net profit, helped by increase in volume and average selling price

PSBs, IT stocks lift Nifty to record closing of 15,338; Sensex up 98 pts

Shree Cement, SBI, Bajaj Auto, Kotak Bank, Tech Mahindra, Ultratech Cement, Axis Bank, and Tata Steel were the top large-cap gainers

Reliance Infrastructure nears 2-year high; stock zooms 103% in a month

RCapital (up 5% at Rs 13.37), RCom (up 10% at Rs 2.12), RPower (up 5% at Rs 8.68), Reliance Home (up 5% at Rs 2.73) and Reliance Naval (up 5% at Rs 3.20) from ADAG were locked in upper circuit

V-Guard gains 6%, hits 52-week high as profit more-than-doubles in Q4

The company's revenue from operations during January-March 2021 jumped 58.04 per cent YoY to Rs 855.19 crore

IT shares in focus; Wipro, Mindtree, Persistent, Mphasis at new highs

TCS was quoting higher for the fifth straight day, gaining 5% during the period, as compared to 3% rise in the benchmark indices

Tide Water Oil zooms 20% on stock split, bonus issue plan

Earlier in March 2016, the company had issued bonus shares in the ratio of 1:1 i.e. one bonus share for every share held in the company

BPCL gains 4%, hits 52-week high on strong Q4 results, Rs 58/share dividend

The progress on divestment and response by potential bidders will be the key monitorable for the stock price performance, ICICI Securities said

Stocks to watch: BPCL, Burger King, Eicher Motors, Sun Pharma, Pfizer

BPCL's board has approved a final dividend of Rs 58 per share, which includes a one-time special dividend of Rs 35 per equity share

Transport Corporation shares hit 20% upper circuit post Q4 results

As per management, in spite of challenges posed by the pandemic in FY21, the company was able to sustain its revenues and margins due to its diversified portfolio of value-added services

Indoco Remedies zooms 20% on strong revenue from international business

The company's export formulations grew 65.6 per cent YoY to Rs 132 crore, driven by strong growth in regulated and emerging markets

BSE Consumer Discretionary index hits new high; Shalimar Paints surges 17%

Mahindra Holidays & Resorts, Lux Industries, Dish TV India and Borosil rallied more than 10 per cent on the BSE in intra-day trade