Page 1058 - Markets News

Balaji Amines soars 16% on margin expansion in Q4, 550% dividend bounty

Balaji Amines Q4 results: Ebitda margin expanded to 23.5 per cent from 19.7 per cent Y-o-Y in Q4FY24

Sebi comes out with strict rules to tackle misconduct by employees

Amending rules governing its employees' services, the markets regulator said that a competent authority can "direct recovery from an employee of the amount of pecuniary loss caused to the Board

Breakout stocks: Dabur, ITC top FMCG picks; can gain up to 13%, charts show

Technical outlook on FMCG stocks: Dabur and ITC look stronger on charts compared to its peers HUL, Marico and Godrej Consumer Products.

Bharat Forge zooms over 9% on Q4 results, promising FY25 outlook

The surge came after the company announced its March quarter results (Q4FY24), and gave a promising FY25 outlook

United Spirits stock hits new high, jumps 4% on hopes of healthy Q4 results

The premiumization trends in the liquor category (post COVID) continued to drive the Prestige & Above (P&A) portfolio.

Asia stocks slip, dollar up as policymakers give mixed signals on rate cuts

Crude oil wallowed near two-month lows amid signs of easing supply pressure and continued hopes for a Middle East ceasefire

Sonata Software plunges 15% on Q4 performance; profit declines 31% in FY24

Sonata Software, an IT firm, reported a 3 per cent year-on-year decline in net profit to Rs 110.36 crore for the fourth quarter ending March 2024, compared to Rs 113.77 crore in March 2023

Crompton Greaves stock rallies 5%, hits 52-week high on stable outlook

Crompton aims to deploy over 10,000 solar powered pumps under the PM-KUSUM Scheme in the next few years, in its efforts to make an impact in the energy efficiency category.

Jindal Saw sinks 8% despite solid Q4; tech chart shows support at Rs 491

Jindal Saw stock strategy: On a consolidated basis, Jindal Saw reported a jump of 61.5 per cent Y-o-Y in net profit at Rs 480.4 crore in Q4FY24

Indraprastha Gas surges 7% on decent Q4 results; net profit jumps 9%

At 11:11 AM; the shares of the company were trading 5.86 per cent higher at Rs 462.80 per share. Presently IGL is trading at a price to earnings multiple of 25.70 times

CarTrade at 28-month high; rallies 30% in 1-week as Goldman Sachs ups stake

Goldman Sachs Asset Management B.V. said their holdings have increased to 2.42 million shares, representing 5.16 per cent of the capital of CarTrade as at May 3, 2024.

PB Fintech up 3% as company turns in a profitable quarter

PB Fintech posted a profit of Rs 60.2 crore in the fourth quarter of FY24 (Q4 FY24), as compared to a loss of Rs 9.34 crore in the same quarter a year ago

Voltas slips 9% on profit booking after Q4 results disappoints Street

Voltas stock price update: The domestic projects continues to grow its order pad and retain a positive outlook given the increased infrastructure spending in the country, the company said

Protean eGov drops 7% on weak Q4 results; stock down 34% from record high

Protean eGov Technologies share price: With today's fall, the stock has come off 34 per cent from its all-time high level of Rs 1,712 per share hit on February 6, 2024

Pidilite Industries falls over 5% after Q4 results miss street estimates

Pidilite Industries' revenue from operations surged nearly 8 per cent to Rs 2,901.9 crore, as against Rs 2,689 crore in the same quarter a year ago

SBI Q4 preview: Profit may fall up to 38% YoY on higher opex, say analysts

SBI Q4 results preview: Analysts' net profit estimates vary in the range from Rs 10,432 crore to Rs 14,743 crore

Indian govt bond yields seen rangebound as traders await fresh cues

Yields declined on Monday tracking a drop in US yields, as traders turned optimistic on the Federal Reserve's rate cuts during the year after weaker-than-expected April nonfarm payrolls data

TBO Tek IPO opens today: Check price band, GMP, analysis, financials

Set up in 2006, TBO Tek Limited, formerly known as Tek Travels Private Limited, operates as a travel distribution platform

Gold slips on strong Dollar, may range-trade in near term: Check details

Spot gold slipped from its day's high of $2,329.98 and was seen hovering around $2,314 (MCX Gold June LTP Rs 71,146) when the local exchanges closed

Stocks to watch on May 8: IRB Infra, IGL, Sonata Software, IDBI Bank, SJVN

Stocks to watch on May 8, 2024: IRB Infrastructure Developers on Tuesday reported a 45 per cent rise in consolidated net profit to Rs 188.87 crore for the March 2024 quarter