Page 622 - Si Reporter

Sensex adds 848 pts, ends at 49,581 on broad-based buying; Nifty Bank up 4%

Eight of the top 10 index contributors included names like HDFC Bank, ICICI Bank, HDFC, SBI, Axis Bank, and Kotak Mahindra Bank

Cipla dips 4% on lower than expected March quarter earnings

The company's performance in Q4FY21 was weighed by moderate YoY growth in India Domestic Formulation (DF)/South Africa and decline in API sales for the quarter

Hester Biosciences zooms 33% in 2 days as firm in talks to produce Covaxin

The company said it has tied up with the Gujarat government to explore the production of Covid-19 vaccine through technology transfer from Bharat Biotech

L&T shares decline over 3% amid profit booking post March quarter results

The reported net profit was higher than Bloomberg consensus estimate of Rs 3,042 crore, despite the 116 per cent YoY jump in tax expenses to Rs 2,087 crore

Stocks to watch: Bharti Airtel, L&T, Cipla, Geojit Financial, Hero MotoCorp

Punjab National Bank (PNB) on Saturday said it has raised Rs 1,800 crore by selling 53 crore shares on a private placement basis to investors like LIC and Societe Generale

Sensex ends choppy day 42 pts up; Asian Paints jumps 8%, Tata Steel down 4%

On a weekly basis, both, the Sensex and the Nifty50 indices slipped around 1 per cent each

ITC records sharpest intra-day gain in over three months; stock up over 4%

Earlier, on February 4, 2021, the stock had seen intra-day rally of 6.8 per cent, while it touched a 52-week high of Rs 239.15 on February 9, 2021

Prince Pipes soars 15%, hits fresh record high as Q4 profit grows 246% YoY

In the past one year, the stock has zoomed 680 per cent as against a 56 per cent rally in the S&P BSE Sensex

This smallcap pharma stock has zoomed over 100% in a month

The stock of the smallcap pharmaceuticals company was trading at its 52-week high level on the BSE

Lupin shares slide 4% amid profit booking post March quarter results

During the past six trading days, Lupin outperformed the market and surged 15 per cent as compared to a per cent rise in the S&P BSE Sensex till Wednesday

Mphasis shares decline 2% on muted March quarter performance

Mphasis Q4 results: Net profit margins contracted from 15.06 per cent in the year ago period to 12.56 per cent in the quarter under study. The margin also declined 60 bps on sequential basis

HG Infra Engineering soars 19% on robust March quarter results

The company said the strict discipline in selecting and executing orders were translating into robust margins and return profile

Asian Paints surges 11% on strong revenue growth in Q4

The management said the domestic decorative business delivered a stellar performance, registering a 48 per cent volume growth in the quarter, led by robust growth in the premium and luxury product ran

UPL jumps 5%, hits new high on healthy March quarter results

The strong margins and cost synergies have augured well for EBITDA margin expansion of 270 basis points (bps) at 22 per cent during the quarter

Stocks to watch: L&T, DRL, UPL, Eicher Motors, Happiest Minds, Tata Power

Royal Enfield said it has decided to shut down its two manufacturing facilities between May 13-16 amid a second Covid wave

Sugar stocks extend rally; Dhampur, Dwarikesh soar over 70% in a month

Lower production in Brazil and Thailand, the two largest sugar exporters in the world, could result in higher opportunities for domestic exporters

The stock of this broking firm has zoomed 101% in a month

In the past one week, the stock has zoomed 61 per cent, after the company reported a healthy 39% QoQ jump in its consolidated net profit at Rs 102 crore in the March quarter

Nifty Pharma index hits all-time high; Sun Pharma scales 4-year high

Since April, the Nifty Pharma index has outperformed the market by surging 15 per cent, against 1.7 per cent gain in the Nifty50 index

CSB Bank soars 10%, hits 52-week high on impressive Q4 results

In Q4FY21, the net interest income (NII) grew 75 per cent year-on-year (YoY) at Rs 275.70 crore as against Rs 157.54 crore in the year-ago quarter

Hindustan Copper scales over 8-year high, surges 25% in 3 days

With the past three days' rally, the market price of HCL appreciated by 58 per cent over its QIP issue price of Rs 119.60 per share