Page 571 - Markets

Q1 show, lower licence fee, work on Western Corridor drive gains in Concor

Most brokerages upgraded the stock on hopes of margin improvement in FY22

Market Wrap Podcast, August 3: All that happened in the markets today

Among Sensex stocks, Titan, HDFC, Nestle India and IndusInd Bank were the best performers. Bajaj Auto, Tata Steel and NTPC were the worst

Ashok Leyland hits over 2-year high on July sales data; up 18% in 4 days

The company reported an 81 per cent year-on-year growth in total sales to 8,650 units in July 2021

Vodafone Idea tanks 12%, hits 52-week low

Industrialist Kumar Mangalam Birla has expressed willingness to offer his group's 27% stake in VIL to any government or domestic financial entity in order to keep the stressed telecom company alive

Orient Cement hits over 3-year high on strong operational performance in Q1

In Q1FY22, Ebitda margins improved by 250 basis points to 27.25 per cent in June 2021 quarter, sequentially.

Market Ahead Podcast, August 3: Factors that could guide markets today

Some 70 companies are looking to release their quarterly earnings, including Adani Ports, Adani Enterprises, Bharti Airtel, Barbeque Nation, Dabur, Inox Leisure and Tata Consumer Products

Balaji Amines surges 9%, hits new high on robust June quarter results

In Q1FY22, the company reported a consolidated net profit of Rs 97.40 crore as against Rs 31.58 crore in Q1FY21

Stocks to watch: Airtel, RBL Bank, Tata Motors, VA Tech Wabag, Dabur, NCC

Tata Sons arm Panatone Finvest picked up an 8 per cent stake in domestic telecom equipment maker Tejas Networks for over Rs 193 crore through an open market transaction

A fifth of active investors bet on IPOs as recent returns turn attractive

Average retail applications for July IPOs up 2x over 2020, 8x over 2019

Weak Q1 margin show, lack of triggers to limit upsides in UPL

While debt levels increased in Q1, the company maintained its FY22 guidance

Market Wrap Podcast, August 2: All that happened in the markets today

Titan, M&M, RIL, Axis Bank and TCS were the top gainers in the 30-pack index and Tata Steel, Bajaj twins, NTPC and HDFC Bank were the top losers

Sensex up 364 pts, Nifty tops 15,850; auto, IT, realty stocks march ahead

In the broader markets, both, the BSE MidCap and SamllCap indices hit record highs of 23,342 and 27,106, respectively earlier in the trade

Cholamandalam Investment surges 11% on robust June quarter result

The company expects a gradual revival in subsequent quarters in FY22 with normalization and rollbacks of accounts which moved to higher buckets.

Privi Speciality soars 36% in 2 days on JV with Switzerland-based Givaudan

With the past two days' rally, the stock of PSCL has more-than-doubled (up 101 per cent) in the past three months

These two Dolly Khanna-owned stocks have rallied up to 103% in a month

Investor Dolly Khanna held 2.07 per cent stake in Deepak Spinners and 1.24 per cent holding in Nitin Spinners as on June 30, 2021, the shareholding pattern data shows

SoftBank-backed Policybazaar seeks to join India tech IPO train

Policybazaar was founded in 2008 to tap the large population of under-insured in a country of 1.3 billion people

Realty shares in demand; Oberoi, IB Realty, Prestige Estates, Sobha up 5%

The real estate sector is undergoing major consolidation as very few developers have the financial stability to undertake large capital-intensive projects, Oberoi Realty's management said

Ind Swift Labs tanks 16% on selling API business to PI Industries

PI Ind said the purchase consideration of Rs 1,530 crore will be paid in all-cash and funded from the proceeds of the completed QIP and internal accruals

IRCTC surges 7%, hits fresh record high as board to consider stock split

The board of directors of the Company is scheduled to meet on August 12, 2021 to consider stock split

Stocks to watch: HDFC, Adani Entp, IDFC First, Bandhan Bank, auto stocks

Hindalco Industries is planning to invest around Rs 8,000-10,000 crore in Hirakud, Silvassa and Mundra plants