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Page 654 - Markets News

Stock Market Rally Highlights: Sensex climbs 1397 points, Nifty settles at 23,739; RIL, banks shine

Markets Today Highlights: Banking shares stole the show among sectors, with Nifty PSU Bank, and Private Bank indices ending higher by over 2 per cent each

Stock Market Rally Highlights: Sensex climbs 1397 points, Nifty settles at 23,739; RIL, banks shine
Updated On : 04 Feb 2025 | 3:47 PM IST

Why Sensex surged 1,397 pts today despite a trade war brewing in the US?

Markets in India climbed after tariffs imposed on Mexico and Canada were postponed for now, and investors assessed budget announcements fully, according to market experts

Why Sensex surged 1,397 pts today despite a trade war brewing in the US?
Updated On : 04 Feb 2025 | 3:44 PM IST

Kalyan Jewellers soars 25% in 4 days post Q3 results; up 30% from Jan low

However, still, the stock quotes 31 per cent lower when compared with its all-time high price of Rs 794.60 hit on January 1.

Kalyan Jewellers soars 25% in 4 days post Q3 results; up 30% from Jan low
Updated On : 04 Feb 2025 | 3:26 PM IST

Chamunda Electricals IPO takes off; subscription soars 10x, GMP hits 22%

Chamunda Electricals unlisted shares were trading at around Rs 61 apiece, indicating a grey market premium (GMP) of Rs 11 or 22 per cent over the upper end of the IPO price band

Chamunda Electricals IPO takes off; subscription soars 10x, GMP hits 22%
Updated On : 04 Feb 2025 | 2:47 PM IST

Swiggy Q3 preview: Analysts expect loss to widen QoQ, revenue may rise 10%

Analysts and investors will keep an eye on Instamart's gross order value (GOV) and average order value (AOV) growth, dark store additions, and margins

Swiggy Q3 preview: Analysts expect loss to widen QoQ, revenue may rise 10%
Updated On : 04 Feb 2025 | 2:36 PM IST

Manappuram Finance rallies 5% on heavy volumes; hits over 4-month high

For Manappuram Finance, the gold loan growth will continue to remain healthy, driven by demand-side tailwinds due to the poor availability of short-term personal and MFI loans.

Manappuram Finance rallies 5% on heavy volumes; hits over 4-month high
Updated On : 04 Feb 2025 | 2:28 PM IST

Garden Reach shares gain 5% on posting Q3 results, PAT up 11%, rev up

Garden Reach reported 11 per cent increase in net profit at Rs 98 crore as compared to Rs 88 crore a year ago

Garden Reach shares gain 5% on posting Q3 results, PAT up 11%, rev up
Updated On : 04 Feb 2025 | 2:00 PM IST

Britannia's Q3 PAT likely to slip 5% YoY; margins may contract: Analysts

Analysts and investors will keep an eye on management's commentary on the company's growth and margin outlook

Britannia's Q3 PAT likely to slip 5% YoY; margins may contract: Analysts
Updated On : 04 Feb 2025 | 1:55 PM IST

Nifty seen clearing first roadblock; next stop at 23,800? Key levels here

The NSE Nifty is on the verge of a positive breakout after a gap of nearly 1.5 month; technical chart suggests the index could rally all the way to 24,250 levels.

Nifty seen clearing first roadblock; next stop at 23,800? Key levels here
Updated On : 04 Feb 2025 | 1:49 PM IST

Upcoming IPO: Indogulf Cropsciences secures green light from Sebi; details

Indogulf Cropsciences IPO comprises a fresh issue of up to Rs 200 crore, and an offer for sale (OFS) with shareholders divesting up to 38,54,840 equity shares of face value Rs 10 apiece

Upcoming IPO: Indogulf Cropsciences secures green light from Sebi; details
Updated On : 04 Feb 2025 | 1:44 PM IST

HFCL shares down 3% after posting Q3 results; PAT down 10%; revenue 2%

HFCL reported 10 per cent decline in net profit to Rs 74 crore as compared to Rs 82.24 crore a year ago

HFCL shares down 3% after posting Q3 results; PAT down 10%; revenue 2%
Updated On : 04 Feb 2025 | 1:38 PM IST

Eris Lifesciences shares drop 5% after profit slides in Q3 results; details

Eris Lifesciences share price slipped 5.35 per cent at Rs 1,181.20 a piece on the BSE in Tuesday's intraday trade after the company's net profit dropped

Eris Lifesciences shares drop 5% after profit slides in Q3 results; details
Updated On : 04 Feb 2025 | 1:33 PM IST

Mobikwik shares slip 5% after company posts net loss against profit YoY

The company reported a consolidated net loss to Rs 55.28 crore as compared to a profit of Rs 5.27 crore a year ago

Mobikwik shares slip 5% after company posts net loss against profit YoY
Updated On : 04 Feb 2025 | 1:30 PM IST

Here's why L&T share gained 4% in trade on February 4; check reasons here

Larsen & Toubro reported a consolidated net profit of Rs 3,359 crore in Q3FY25, reflecting a 13.9 per cent increase compared to Rs 2,947.4 crore in Q3FY24

Here's why L&T share gained 4% in trade on February 4; check reasons here
Updated On : 04 Feb 2025 | 1:12 PM IST

This recently listed rail-related IPO surges 18%; up 119% from issue price

Shares of Quadrant Future Tek hit a new high of Rs 634, surging 18% on the BSE in Tuesday's intra-day trade amid heavy volumes.

This recently listed rail-related IPO surges 18%; up 119% from issue price
Updated On : 04 Feb 2025 | 1:07 PM IST

Emami share price drops 5% as ex-dividend date kicks in; details here

The decline in the company's share price aligns with the company's announcement of a second interim dividend for the financial year 2024-25

Emami share price drops 5% as ex-dividend date kicks in; details here
Updated On : 04 Feb 2025 | 12:47 PM IST

Chennai Petro, HEG, Nuvama among top MF buys in Dec quarter; tech view here

Technical charts suggest that HEG stock is likely to witness another 25 per cent fall from present levels; while Nuvama Wealth could witness a relief rally towards Rs 6,125.

Chennai Petro, HEG, Nuvama among top MF buys in Dec quarter; tech view here
Updated On : 04 Feb 2025 | 12:34 PM IST

Bombay Dyeing share price surges 6% after Q3 results; more details here

Bombay Dyeing & Manufacturing Company share price gained 5.94 per cent at Rs 164.75 a piece on the BSE in Tuesday's intraday trade after Bombay Dyeing reported steady rise in its key financial metrics

Bombay Dyeing share price surges 6% after Q3 results; more details here
Updated On : 04 Feb 2025 | 12:20 PM IST

Triveni Turbine slips 9% post Q3 results as domestic orders fall 16% YoY

While order booking from India remained subdued in the quarter, the company continues to see good international demand which is reflected in export order bookings that grew 9% YoY to Rs 346 cr in Q3

Triveni Turbine slips 9% post Q3 results as domestic orders fall 16% YoY
Updated On : 04 Feb 2025 | 12:18 PM IST

Power Grid share price slips 4% on weak Q3 performance; details here

Power Grid's consolidated profit dropped 4.1 per cent year-on-year (Y-o-Y) to Rs 3,861.6 crore in the December quarter of financial year 2025 (Q3FY25), from Rs 4,028.3 crore in Q3FY24

Power Grid share price slips 4% on weak Q3 performance; details here
Updated On : 04 Feb 2025 | 12:13 PM IST