Page 474 - Markets

Gold ETFs witness third straight month of inflows; AUM rises 10% YTD

But the quantum of inflows, at Rs 203 crore, was much lower than the Rs 1,100 crore seen in April

Rs 3.2 trn of investor wealth wiped off. Why did the Sensex fall on Friday?

The market's confidence has been shaken as persistently elevated levels of commodity prices, and disrupted supply chains continue to be a double whammy for the economy and companies alike.

Vadilal Industries hits record high in weak market; zooms 114% in 6 months

For the entire financial year 2021-22, Vadilal Industries reported nearly 10-fold jump in net profit at Rs 44.70 crore from Rs 4.63 crore in FY21

J Kumar Infra hits four-year high; surges 38% in twelve days on strong Q4

Strong cash position and unutilised working capital limits facilitate headroom for undertaking large projects and executing existing projects, analysts said.

Medplus Health dips below issue price, hits new low; stock down 16% in 1 wk

With the recent decline in the stock price of the company, MHSL is trading 7 per cent lower from its issue price of Rs 796 per share

Bajaj Auto gains 2% in a weak market as board to mull buyback on June 14

The board of directors of Bajaj Auto is scheduled to meet on Tuesday, 14 June 2022, to consider a proposal for buyback of fully paid-up equity shares of the company

Over 4.5-million IPO mandates created via UPI in May, shows data

In May, 4.5 million IPO mandates were created through UPI and a record 2.4 million mandates got executed, data shows

Mirza International hits record high; stock zooms 51% in four weeks

Mirza International is engaged in design, development, manufacturing, marketing, trading, export and retailing of leather footwear

Brent at $124/bbl: Oil India hits over 7-year high; zooms 114% in one year

Oil India is well placed to benefit from rising oil and gas prices and high gross refining margins, analysts said.

RBI monetary policy review: Direction for repo rate is clearly northwards

The MPC pitched for a high number of 50 bps, which is significant because if combined with the inflation forecast, it indicates that more hikes are coming

SJS Enterprises rallies 31% in last nine days on strong Q4 results

Ace investor Ashish Kacholia held 3.77 per cent stake in SJS Enterprises at the end of March 31, 2022, the shareholding pattern data shows.

Biocon hits over two-year low; slips 18% in six weeks post weak Q4 results

In the past one year, the stock has slipped 22 per cent, as against a 39 per cent rally in the S&P BSE Sensex.

MRPL hits highest level since Oct 2018; stock more-than-doubles in 2 months

Higher GRMs are likely to benefit from favourable global refining scenario and the MRPL is expected to report healthy earnings in near term, analysts said

Analysts take a bite of premium QSR stocks as restaurants hike prices

Value players, or those catering to price sensitive customers, may see growth and profitability concerns, they said

Apar Industries rallies 36% in 8 days on strong Q4 results

The management is optimistic to deliver a stronger performance in FY23

RIL stock sheds morning gains as BSE Sensex tumbles over 600 points

RIL, says a report by Citi Research, is the biggest beneficiary of rising crude oil imports from Russia

Nifty 500: 350 stocks below 200-DMA; ACC, Hero Moto, HUL new additions

Over 10 stocks slipped below their 200-DMA on Tuesday after the Nifty50 broke below its sentimentally important level of 16,400, while the Sensex lingered near 55,000-mark

UltraTech Cement falls 10% in three days; loses Rs 17,157 crore-market cap

Analysts at ICICI Securities believe the next two quarters will remain challenging for the cement industry as it will battle both weak demand (owing to monsoon) & heightened costs.

Policybazaar tanks 10% as CEO Yashish Dahiya plans 3.77 mn share sale

Yashish Dahiya intends to offload partial stake via bulks deals on the exchanges. He currently holds 24.52 million shares in the company.

LIC hits new low since listing; market cap falls below Rs 5 trillion

Since listing, LIC has lost Rs 56,000 crore of market-cap from Rs 5.54 trillion to Rs 4.98 trillion