Mumbai-based Lupin reported a whopping 77.2 per cent year-on-year (Y-o-Y) increase in profit after tax (PAT) for Q1FY25, reaching Rs 801 crore
The stock price of PB Fintech surged up to 16.23 per cent, hitting its all time high at Rs 1664.35 per share on the BSE in Wednesday's intraday trade
The share price fell after the company reported a weak set of June quarter (Q1FY25) results.
The uptick in share price came after the company announced that it has emerged as the lowest bidder (L-1) for a project in Karnataka. The company, however, did not disclose the cost of the project.
Hindustan Unilever is in overall uptrend and is on the verge of giving Pole and Flag pattern breakout on daily chart
Nifty gave up early gains on Aug 06 to end in the negative. In the process it formed a pattern known as Bearish side by side black candle.
The Nifty IT Index is oscillating between 38,800 and 38,000. This consolidation indicates that the index is at a pivotal juncture, where a breakout or breakdown will determine its near-term direction
Private equity firm True North's arm Threpsi Care LLP on Tuesday divested a 2.6 per cent stake in Zydus Wellness for Rs 374 crore through an open market transaction, while Quant Mutual Fund picked up the stake in the consumer wellness company. According to the block deal data available on the National Stock Exchange (NSE), Threpsi Care LLP sold 17 lakh shares, amounting to a 2.67 per cent stake in Ahmedabad-based Zydus Wellness. The shares were disposed of at an average price of Rs 2,201.40 apiece, taking the transaction value to Rs 374.24 crore. After the share sale, Mumbai-based True North's stake in Zydus Wellness has reduced to 7.45 per cent from 10.12 per cent. These shares were acquired by Quant Mutual Fund at the same price. Shares of Zydus Wellness fell 0.16 per cent to close at Rs 2,220 per piece on the NSE. In December last year, True North through its arm Threpsi Care LLP divested a 1.23 per cent stake in Zydus Wellness for Rs 127 crore.
Stock Market Highlights on August 6: On the BSE, 17 out of 30 listed stocks of the Sensex ended in the red, with State Bank of India, Mahindra & Mahindra, and Bharti Airtel being the top drags
The stock price of Graphite India surged up to 8.38 per cent to Rs 46.62 per share on the BSE in Tuesday's intraday deals
The stock price of Vedanta surged up to 2 per cent to Rs 422 per share on the BSE in Tuesday's intraday deals. This came after the company's net profits more than doubled sequentially
The uptick in the stock price came after the company posted a strong set of numbers in the June quarter. The board also announced a dividend and share buyback, which further fuelled the stock rally.
The stock price of Hindustan Construction Company (HCC) fell up to 4.81 per cent to Rs 46.62 per share on the BSE in Tuesday's intraday deals
The share price rose after the company reported a strong set of numbers in the June quarter of financial year 2025 (Q1FY25).
Shares of Schneider Electric Infrastructure soared up to 10 per cent to Rs 824 per share on the BSE in Tuesday's intraday deals
The uptick came after Angel One announced a strong set of numbers in its July business update.
Analysts believe that Motherson Wiring's Q1 show was muted due to start-up costs of two new plants, resulting in lower-than-estimated growth in profits and operating margins
The uptick in the stock price came after a strong show in the June quarter of financial year 2025 (Q1FY25).
The uptick in the share price came after Patel Engineering announced that the Office of the Executive Engineer, Govt Maharashtra has awarded the company, along with its JV, a Rs 317.60 crore contract.
The Nifty50 surged 1.35 per cent, adding 327 points to hit an intraday high of 24,382.60, while the BSE Sensex gained 1,100 points, or 1.38 per cent, hitting an intraday peak of 79,852.08.