The fall came on the back of weak results in the June quarter of financial year 2025 (Q1FY25).
The surge in the HG Infra share price came after the company announced that it has emerged as the lowest bidder (L-1) for a project from the Ministry of Road Transport and Highways (MORTH).
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.
Stocks to Watch today, July 25, 2024: Axis Bank ADRs fell 4.5 per cent overnight in US markets. Meanwhile, RBL Bank counter is expected to see a block deal today
Stock Market Highlights on Wednesday, July 24: Selling in Bajaj Finance, Axis Bank, Bajaj Finserv, HUL, Nestle India, Adani Ports, SBI, Kotak Bank, and IndusInd Bank weighed on the frontline indices
The stock rose 2.23 per cent to hit an intraday high of Rs 899.75 per share following the order win.
The stock price surged after the company announced that it has secured an order worth Rs 586.28 crore.
Stocks to Watch today, Wednesday, July 24, 2024: HUL reported a 2.2 per cent Y-o-Y rise in consolidated net profit at Rs 2,610 crore for Q1FY25, in line with market expectations
From the low, Nifty recovered 470 points towards 24544 and ended the session at 24479.
India Budget 2024-25 News Highlights: By raising LTCG tax to 12.5 per cent and STCG tax to 20 per cent, the overhang for stock markets gets removed
Recently, Tata Steel experienced a significant decline, dropping nearly 22 points after forming a double top at the 180 level.
The jump in the stock price came on the back of strong June quarter results (Q1FY25).
The surge in stock price came after the Mumbai-based company's profit rose nearly 82 per cent year-on-year (Y-o-Y) to Rs 584.5 crore in the June quarter of financial year 2025 (Q1FY25).
Amid the global Microsoft outage, India's National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) reported no operational disruptions, unlike their global counterparts
Stock Market Highlights on Friday, July 19, 2024: The selling in the broader market was even steeper with the BSE MidCap and SmallCap indices falling 2.2 per cent each
The share price rose after the company announced that it has secured mutli-million dollar contract extension from Absa Bank.
Long term capital gains (LTCG) tax on the sale of these asset classes stocks, mutual funds, real estate etc. is levied when the holding period of the asset is over one year
The fall in the stock price came on the back of weak earnings in the June quarter of financial year 2025 (Q1FY25).
The fall in the stock came after the company announced that it has secured an Official Action Indicated (OAI) report from the United States Food and Drug Administration (USFDA).
Earlier this week, Hindustan Unilever approved the sale of its water purification business to AO Smith India for an Enterprise Value (EV) of Rs 601 crore or $72 million.