Page 63 - Nse Nifty50 Benchmark Index
PG Electroplast soars 11%, hits record high on solid Q4, 1:10 stock split
PGEL forecasts revenues of Rs 3,400 crore, a growth of 23.8 per cent over FY24 consolidated revenues, despite the transfer of the TV business to Goodworth Electronics
 "PG Electroplast soars 11%, hits record high on solid Q4, 1:10 stock split")
GMM Pfaudler slips 5% on weak Q4 performance; Rs 1 dividend announced
GMM Pfaudler's consolidated net profit dropped 14 per cent to Rs 28.7 crore in Q4FY24, from Rs 33.3 crore in the same quarter a year ago (Q4FY23)
 "GMM Pfaudler slips 5% on weak Q4 performance; Rs 1 dividend announced")
Stocks to Watch, May 23: Grasim, GMM Pfaudler, Petronet LNG, Star Cement
On the domestic front, investor attention is focused on forthcoming manufacturing data and the Q4 results of major players such as ITC, IndiGo, and Fortis Healthcare
 "Stocks to Watch, May 23: Grasim, GMM Pfaudler, Petronet LNG, Star Cement")
Paytm drops 3% after Q4 loss broadens; check trading strategy here
The decline followed the company's announcement of its Q4 results, which fell short of market expectations. Paytm's loss widened to Rs 549.6 crore in Q4FY24
 "Paytm drops 3% after Q4 loss broadens; check trading strategy here")
BHEL shares tank 8% after Q4 results miss street expectations
The fall came after the company announced its Q4 results, which missed street expectations.
 "BHEL shares tank 8% after Q4 results miss street expectations")
Cipla rallies 4% on US FDA approval to market Lanreotide injection
The approval for the generic version of Lanreotide Acetate is in line with Cipla's growth strategy in the complex product segment and will strengthen Cipla's position in the US market.
 "Cipla rallies 4% on US FDA approval to market Lanreotide injection")
Zomato, Paytm: What should investors do with new-age stocks? Analysts weigh
Shares of Zomato have soared 57 per cent so far in 2024, but those of Paytm have tumbled 46 per cent
 "Zomato, Paytm: What should investors do with new-age stocks? Analysts weigh")
RIL, Sun Pharma, HDFC Bank, BHEL among 11 stocks to monitor on May 22
At 7:09 AM, GIFT Nifty futures indicated a modest uptick of 25 points, trading at 22,626 against Nifty futures
 "RIL, Sun Pharma, HDFC Bank, BHEL among 11 stocks to monitor on May 22")
Buy ideas for May 22: Britannia, Cipla; check target prices
Cipla was in a downtrend and corrected ~13 per cent in the recent fall. On the daily charts it formed an Inverted Head and Shoulders pattern which is a Trend reversal pattern
 "Buy ideas for May 22: Britannia, Cipla; check target prices")
Stocks to watch on May 21: Oil India, India Cements, Signature Global
Despite tech shares propelling the Nasdaq Composite to record highs, most Asia-Pacific markets saw declines
 "Stocks to watch on May 21: Oil India, India Cements, Signature Global")
JSW Steel stock falls 2% as profit plunges 65% in Q4
JSW Steel's consolidated net profit dropped 64.5 per cent to Rs 1,299 crore, from Rs 3,664 crore in the previous year. Sequentially, the profit fell 46 per cent, from Rs 2,415 crore
 "JSW Steel stock falls 2% as profit plunges 65% in Q4")
Shipping Corporation of India share falls 4% on weak Q4 performance
Shipping Corporation of India's profit dropped 19 per cent to Rs 307 crore in Q4FY24, from 380 crore in Q4FY23
 "Shipping Corporation of India share falls 4% on weak Q4 performance")
JK Paper up 9% on hopes of recovery in FY25; declares Rs 5 dividend
While the paper company posted a weak set of results, the company reportedly said that it expects higher volume growth in the paper and boards segment in the current financial year of 2024-25 (FY25)
 "JK Paper up 9% on hopes of recovery in FY25; declares Rs 5 dividend")
Kaynes Tech zooms 14% on robust Q4; stock more-than-doubles in one year
Notably, the stock has zoomed almost 339 per cent from its listing price of Rs 578, and 121 per cent in the last one year
 "Kaynes Tech zooms 14% on robust Q4; stock more-than-doubles in one year")
Brokerages bullish on Crompton Greaves post Q4; stock hits 52-week high
On a yearly basis, Crompton Greaves' profit soared 5.5 per cent to Rs 138.4 crore in the March quarter of FY24, from Rs 131 crore in the March quarter of FY23
 "Brokerages bullish on Crompton Greaves post Q4; stock hits 52-week high")
NSE, BSE special mkt session on Saturday, May 18: Check timing, price bands
NSE, BSE Special session: Here's why stock markets are open on Saturday, May 18
 "NSE, BSE special mkt session on Saturday, May 18: Check timing, price bands")
Stocks to keep on your radar on May 17: IIFL Securities, Prince Pipes, KIMS
Across Asia, trading sentiment dipped as retail sales data fell short of street expectations, with a modest 2.3 per cent increase in April compared to the previous year
 "Stocks to keep on your radar on May 17: IIFL Securities, Prince Pipes, KIMS")
Quick Heal rises 5% on inking pact with EET Group; up 25% in last 6 months
The surge came following the announcement of a strategic collaboration with Europe's EET Group to bolster its cybersecurity offerings
 "Quick Heal rises 5% on inking pact with EET Group; up 25% in last 6 months")
Kirloksar Brothers hits new high on strong earnings; zooms 108% in 3 months
In past three days, the stock of Kirloksar Group company has surged 32% after it posted a solid 57% YoY jump in its consolidated PAT at Rs 142.7 crore in the March quarter
 "Kirloksar Brothers hits new high on strong earnings; zooms 108% in 3 months")
Pricol shares hit 52-week high on robust March quarter results
The automotive components manufacturer's net profit climbed 39.3 per cent to Rs 41.5 crore in the March quarter of financial year 2024 (Q4FY24)
 "Pricol shares hit 52-week high on robust March quarter results")