Page 1041 - Markets News
Stock Market Special Session Highlights: Sensex, Nifty end flat; Small, MidCap indices gain up to 1%
Stock Market Special Trading Session, Saturday, May 18, 2024: In the broader markets, the BSE MidCap, and the BSE SmallCap indices gained 0.48 per cent and 0.76 per cent, respectively
 "Stock Market Special Session Highlights: Sensex, Nifty end flat; Small, MidCap indices gain up to 1%")
Scramble for ERP licence even as doubts remain on the market size
About a dozen players dive into the fray
 "Scramble for ERP licence even as doubts remain on the market size")
Defense stocks on a roll; BDL, BEL, HAL, Cochin Shipyard rally 5%
The Government of India's initiatives to make India self-reliant in providing weapon systems to the Indian Armed Forces and clearance for export to FFCs have opened plenty of opportunities for defense
 "Defense stocks on a roll; BDL, BEL, HAL, Cochin Shipyard rally 5%")
JSW Steel stock falls 2% as profit plunges 65% in Q4
JSW Steel's consolidated net profit dropped 64.5 per cent to Rs 1,299 crore, from Rs 3,664 crore in the previous year. Sequentially, the profit fell 46 per cent, from Rs 2,415 crore
 "JSW Steel stock falls 2% as profit plunges 65% in Q4")
Nestle India up 3% as shareholders reject high royalty payment to parent Co
The motion proposed to increase the royalty, paid to its parent, to 5.25 per cent of net sales, net of taxes, from 4.5 per cent at present
 "Nestle India up 3% as shareholders reject high royalty payment to parent Co")
Amber Enterprises stock gains 1% after Q4 net rises 9%
Amber Enterprises stock update: The company's Q4 consolidated net profit grew 9.1 per cent YoY to Rs 108 crore, while revenue rose 7.1 per cent to Rs 3,003 crore in the March 2024 quarter.
 "Amber Enterprises stock gains 1% after Q4 net rises 9%")
Bharat Dynamics zooms 22% in 3 days; Board to announce Q4 results on May 30
Bharat Dynamics stock price: Over the past one year, Bharat Dynamics stock price has zoomed 116 per cent on the BSE
 "Bharat Dynamics zooms 22% in 3 days; Board to announce Q4 results on May 30")
Shipping Corporation of India share falls 4% on weak Q4 performance
Shipping Corporation of India's profit dropped 19 per cent to Rs 307 crore in Q4FY24, from 380 crore in Q4FY23
 "Shipping Corporation of India share falls 4% on weak Q4 performance")
Astral shares crack 5% on sluggish Q4 show; PAT, margins take beating
On Friday, Astral, a manufacturer of PVC pipes and plastic products, posted a decline of 11.7 per cent year-on-year (YoY) in its net profits
 "Astral shares crack 5% on sluggish Q4 show; PAT, margins take beating")
Delhivery down 3% as Co slips into red in Q4 after reporting profit in Q3
During Q4FY24, Delhivery posted a loss of Rs 68.5 crore as against a profit of Rs 11.7 crore in the December quarter (Q3FY24)
 "Delhivery down 3% as Co slips into red in Q4 after reporting profit in Q3")
Pfizer share surges 3% on strong Q4 performance
The surge came after the company announced its fourth quarter results of financial year 2024 (Q4FY24) results
 "Pfizer share surges 3% on strong Q4 performance")
Kirloskar Ferrous stock hits lower circuit after Q4 net plunges 81%
Kirloskar Ferrous Industries stock update: The counter saw trades of around 2.07 lakh shares as against the 2-week average volume of around 83,000 shares on the BSE.
 "Kirloskar Ferrous stock hits lower circuit after Q4 net plunges 81%")
Zydus Lifesciences stock rallies 5%; hits record high on robust Q4 results
EBITDA margin for the quarter stood at 29.5 per cent, an improvement of 440 bps on a YoY basis.
 "Zydus Lifesciences stock rallies 5%; hits record high on robust Q4 results")
Sobha stock price drop! Shares fall 5% as Q4 profit falls 86% YoY
Sobha stock price: Sobha Ltd's total income also fell 36 per cent Y-o-Y to Rs 791.25 crore from Rs 1,240.14 crore
 "Sobha stock price drop! Shares fall 5% as Q4 profit falls 86% YoY")
Shares of Zee Ent zoom over 5% on delivering profits in Q4, rising revenues
Shares of Zee Entertainment soared up to 5.2 per cent at Rs 141.65 per share on the BSE in Saturday's intraday trade. The hike in the stock prices came after the company delivered a turnaround
 "Shares of Zee Ent zoom over 5% on delivering profits in Q4, rising revenues")
Shriram Fin, JublFood, Titan; top picks from Anand Rathi for May 18
Jubilant FoodWorks has two key technical analysis signals: a bull divergence on the daily Moving Average Convergence Divergence (MACD) indicator and a violation of a bearish trend line that had been
 "Shriram Fin, JublFood, Titan; top picks from Anand Rathi for May 18")
Dr Reddy's, Phoenix Mills, NHPC among 12 stocks to watch on Saturday,May 18
Stocks to Watch on Saturday, May 18: Dr Reddy's Labs received a Form 483 with two observations from the United States Food and Drug Administration
 "Dr Reddy's, Phoenix Mills, NHPC among 12 stocks to watch on Saturday,May 18")
Stocks to Watch, May 18: Vodafone Idea, ZEE, Delhivery, Sobha, Zydus Life
Stocks to Watch on Saturday, May 18, 2024: Vodafone Idea is directing capital expenditure towards enhancing its 4G service coverage, aiming to expand its subscriber base
 "Stocks to Watch, May 18: Vodafone Idea, ZEE, Delhivery, Sobha, Zydus Life")
Dow tops 40K, Gift Nifty at 22550; What's moving the stock market on May 18
All you need to know before the market opens on Saturday, May 18: Gift Nifty hints at positive start to trading action for today's special trading session.
 "Dow tops 40K, Gift Nifty at 22550; What's moving the stock market on May 18")
NSE, BSE special session: Why are Indian stock markets open today, May 18?
Indian stock markets special trading session, Saturday, May 18: Trading will be conducted in two parts. First from 9:15 AM to 10:00 AM. Second from 11:25 AM to 12:25 PM
 "NSE, BSE special session: Why are Indian stock markets open today, May 18?")