Page 67 - Indian Equities

Kolte-Patil Developers hits 52-week low on weak Q1 show; stock slips 4%

The fall in the share price came after the company announced a weak set of June quarter (Q1FY25) results.

SJVN gains on commissioning of 90 MW Omkareshwar floating solar project

The uptick in the share price came after the company announced that it has commissioned of 90 MW Omkareshwar Floating Solar Project.

KPI Green locked in 5% upper circuit on strong Q1; profit nearly doubles

KPI Green also declared its first interim dividend of Rs 0.20 per share for FY25.

IndusInd Bank down 2%, hits 52-week low; trades lower for 6th straight day

The stock of private sector bank is quoting lower for the sixth straight trading days, falling 6% during the period and 20% from its 52-week high of Rs 1,694.35 hit on January 15, 2024.

Chambal Fertilisers gains 4% on healthy Q1FY25 performance; details here

The rise in the stock price came after the company posted healthy numbers in the June quarter of financial year 2025 (Q1FY25).

V-Mart faces tough road ahead despite promising June quarter: Nuvama

The retail chain operator faces several hurdles, including evolving customer preferences, disruptions in transport logistics, and intensifying competition, analysts at domestic brokerage Nuvama said.

Why volatility gauge, India VIX, plunged 27% today, August 6? Details here

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.

These 5 smallcap stocks hit new highs; zoomed up to 110% from June lows

Shakti Pumps, Pokarna, Gokul Agro Resources, Foseco India and GHCL Textiles from the BSE Smallcap index hit their respective record highs, rallied by up 17% in otherwise a weak market.

VRL Logistics stock tanks 7% on weak June quarter show; profit tumbles 61%

The fall in the share price came on the back of weak June quarter of financial year 2025 (Q1FY25) results.

Ashoka Buildcon gains on emerging lowest bidder for two projects from MMRDA

The uptick in the share price came after the company announced that it has emerged as the lowest bidder (L-1) for two projects from Mumbai Metropolitan Region Development Authority (MMRDA).

Stocks to Watch on August 5: Infosys, SBI, Titan, Britannia, Ambuja Cement

At 6:41 AM, GIFT Nifty futures were down 369 points, trading at 24,342.50, suggesting a gap-down start.

FPIs invest Rs 32,365 cr in equities in July on continued policy reforms

Foreign investors infused Rs 32,365 crore into Indian equities in July on the back of expectation of continued policy reforms and sustained economic growth and better-than-expected earnings season. However, they pulled Rs 1,027 crore from equities in the first two trading sessions of this month (August 1-2), data with the depositories showed. There has been a mixed trend with respect to FPI flows following the budget announcement on increase in capital gains tax on equity investments. Going forward, developments in the US economy and markets will set the trend for FPI in August, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. "Weaker-than-expected employment data along with slowing economy has made it certain that the US Fed is expected to cut rates in September. The more important question here is the extent of cut. Currently, there is strong commentary getting built for maybe a 50 basis points rate cut in interest rates," Vaibhav Porwal, Co-founder

SJS Enterprises surges 12% in weak market on strong Q1 performance

The company is positioned to achieve revenue growth exceeding 1.5X that of the underlying industry growth, while maintaining robust EBITDA margins, driven by promising prospects in the 2W and PV.

KRBL stock tanks 7% on weak June quarter show; profit more than halves

The fall in the stock price came after the company reported a weak set of June quarter results.

VBL sees profit booking after Q2CY24 results meet estimates; stock down 6%

The fall in the stock price came after investors jumped to book profit after stellar numbers in the second quarter and half year ended June 30, 2024 (H1CY24), which met street estimates.

ITD Cementation jumps 6% on securing order of Rs 1,237 crore; details here

The uptick in share price came after the company announced that it has secured an order worth Rs 1,237 crore.

Maruti Suzuki Q1 Preview: Profit may jump up to 37% YoY, revenue around 9%

Maruti Suzuki Q1 2024 results: Investors will eye margin trajectory amid commodity pressures, elevated discounting.

This smallcap stock has rallied 39% in 4 days; zoomed 113% from June low

Protean eGov Technologies hit a new high of Rs 1,984.70, as they rallied 12 per cent on the BSE in Thursday's intra-day trade in otherwise a weak market.

Foreigners sell nearly $1 billion in equities in two days since Budget

The increase in capital gains tax is clearly a negative even if the increase on long-term gains is moderate, said Ashish Gupta, chief investment officer at Axis Mutual Fund

Nomura upgrades Tata Motors to 'Buy', sees 26% upside; check new target

On the bourses, Tata Motors stocks were buzzing in trade after several brokerages raised the target prices. The stock rallied as much as 3.82 per cent to hit a fresh record high of Rs 1,067 per share.