Page 581 - Markets

Mastek hits new high on healthy June quarter results

In the past six months, Mastek's market price has more than doubled as against a 4.6 per cent rise in the S&P BSE Sensex

HCL Technologies dips 2% as company reports lower-than-expected Q1 results

The management has reiterated its double-digit USD revenue growth guidance and EBIT margin band of 19-21 per cent for FY22

ACC surges 7%, hits new high on strong operational performance in Q2

The company's Ebitda (earnings before interest, taxes, depreciation, and amortization) margins expanded 233 basis points (bps) quarter-on-quarter to 22.4 per cent due to higher realisations

Stocks to watch: HCL Tech, Bajaj Finance, ACC, Clean Science, Asian Paints

Cement maker ACC reported an over two-fold jump in consolidated net profit to Rs 569.45 crore for the second quarter ended June 2021

PE/VC investments decline 22% to $5.4 bn in June, up 45% in H1: Report

Investments by private equity and venture capital funds declined by 22 per cent to $5.4 billion in June, as compared to the $6.9 billion in the year-ago period

Market Wrap Podcast, July 19: Here's all that happened in the markets today

Sectorally, only pharma and realty stocks showed some strength. Nifty Realty gained 0.43% and Nifty Pharma 0.24%. Nifty Private Bank index witnessed heavy profit-taking as the index slipped over 2%

Investors lose Rs 1.2 trillion as Sensex drops 587 pts amid global sell-off

Sectorally, the Nifty Bank index declined over 2 per cent, led by losses in HDFC Bank (down over 3 per cent)

Datamatics Global hits 20% upper circuit, zooms 65% in three days

There has been a significant increase in movement in share price and volume of mid-cap information technology-enabled services (ITeS) companies in the last few days

DCM Shriram defies market mood, hits new high; stock up 65% in a month

On June 29, 2021, rating agency ICRA had upgraded term loan and fund based facilities of DCM Shriram to ICRA AA+ from ICRA AA with a stable outlook

After a 'Whopper' debut, analysts see this QSR stock as a multibagger

Motilal Oswal Financial Services (MOFSL) expects Burger King India to rise as much as 117 per cent in the next three years

L&T hits new high on winning significant contracts for various businesses

L&T Construction, the construction arm of L&T, has won a slew of orders in India and abroad for its various businesses

Clean Science makes robust debut, lists at 98% premium over issue price

The stock listed at Rs 1,784, a 98 per cent premium against the issue price of Rs 900 per share on the BSE

GR Infraprojects makes stellar debut, lists at 103% premium

The stock more-than-doubled to list at Rs 1,700 over its issue price of Rs 837 per share on the BSE

HDFC Bank dips 3% as June quarter results miss Street estimates

HDFC Bank's asset quality deteriorated marginally due to disruptions in collections on account of the second Covid wave

Stocks to watch: HDFC Bank, HCL Tech, Clean Science, GR Infra, Just Dial

Reliance Retail Ventures, a subsidiary of Reliance Industries said it will acquire a 40.95 per cent stake in Just Dial for Rs 3,497 crore

Two stock recommendations by Vaishali Parekh: Buy Bata, Wockhardt

After a decent correction from the peak level, Wockhardt stock has bottomed out near Rs 520 zone

Asian shares hit 1-week lows on renewed virus scare, inflation worry

Japan's Nikkei dropped 1.3% as did Australia's benchmark share index. South Korea's KOSPI was 1% lower

Asian shares extend losses on renewed virus scare, inflation woes

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4% for its second straight day of losses

Market Wrap Podcast, July 16: Here's all that happened in the markets today

Telecom major Airtel, Ultratech Cement, Tata Steel and PowerGrid emerged to best performers

Sensex gyrates 294 pts, ends 19 pts down; Nifty holds 15,900; IT, banks dip

The mid- and small-cap indices meanwhile, outperformed and ended over 0.4 per cent higher each