Page 63 - Share Price

Shares of India's JSW Group drop after rape allegation against chairman

Shares of JSW Group fell as much as 5% on Monday, a day after its billionaire Chairman Sajjan Jindal said that local media reports accusing him of rape were "false and baseless".

Mankind Pharma surges 5%, Flair Writing sets price band of Rs 288-304

Besides Flair, the company's products are sold under brands such as Hauser, Pierre Cardin and Zoox

Titan shares climb over 2% as it posts 9.7% rise in Sept quarter earnings

Shares of jewellery and watchmaker Titan Company Ltd on Friday rose over 2 per cent after the firm reported an increase of 9.7 per cent in its consolidated net profit in the September quarter. The stock went up by 2.23 per cent to close at Rs 3,272.55 on the BSE. During the day, it jumped 2.66 per cent to Rs 3,286.70. At the NSE, it gained 2.28 per cent to touch Rs 3,274.50. Titan Company Ltd on Friday reported an increase of 9.7 per cent in consolidated net profit at Rs 916 crore in the second quarter of the current fiscal, led by sales of jewellery in the domestic market. The company posted a net profit of Rs 835 crore in the July-September period last year, the Tata Group-managed firm said in a regulatory filing. Titan's sales increased 25 per cent to Rs 10,708 crore during the quarter under review as against Rs 8,567 crore in the corresponding quarter a year ago. Its total expenses in the quarter under review stood at Rs 11,402 crore, up 41.07 per cent year-on-year.

Tata Motors shares settle nearly 2% higher after posting Q2 earnings

Shares of Tata Motors ended nearly 2 per cent higher on Friday, after the company reported a consolidated net profit of Rs 3,783 crore in the September quarter, riding on robust performance by its British arm Jaguar Land Rover. The stock ended at Rs 647.80, up 1.73 per cent on the BSE. During the day, it gained 4.49 per cent to Rs 665.45. At the NSE, it ended with a gain of 1.62 per cent at Rs 646.80. During the day, it climbed 4.64 per cent to Rs 666. In traded volume terms, 22.65 lakh shares of the company were traded at the BSE and over 2.30 crore shares at the NSE during the day. This is the fourth successive quarter of positive results for the home-grown auto major. The Mumbai-based company had posted a consolidated net loss of Rs 1,004 crore in the year-ago period. Total consolidated revenue from operations stood at Rs 1,05,128 crore in the second quarter of this fiscal as compared to Rs 79,611 crore in the year-ago period, Tata Motors said in a regulatory filing on Thursda

Motilal Oswal Financial Services Q2 results: Net profit up 4% to Rs 531 cr

Motilal Oswal Financial Services Ltd on Wednesday reported a 4 per cent growth in Profit After Tax (PAT) to Rs 531.2 crore for the September quarter. The company had posted a PAT of Rs 509.3 crore in the year-ago period, Motilal Oswal Financial Services said in a regulatory disclosure to the stock exchanges. Total revenues jumped 30 per cent to Rs 1,416 crore in the quarter under review from Rs 1,087 crore in the year-ago period. "We have delivered a robust performance in the second quarter. Our capital market business has demonstrated remarkable performance, reporting an all-time high quarterly profit and strengthening our retail market share position in the cash and F&O segment to 7.1 per cent and 7.5 per cent, respectively," the company's MD and CEO Motilal Oswal said. Capital market business -- comprising retail broking and distribution -- institutional equities, and investment banking, registered a PAT of Rs 180 crore in the July-September period, registering a growth of 33 ..

TotalEnergies sticks to share buyback plans despite net income dro

Its shares dipped 0.34% in early trading

HDFC Securities sees BSE sustaining 3 times gains on derivatives boost

Shares of BSE on Thursday closed at a new record high of Rs 1,545, with a gain of 3.85 per cent over its previous close

Jaiprakash Associates share prices jump 12% on Adani deal reports

The Adani group, currently operating at a capacity of 70 million tonnes per annum, aims to double this figure to 140 million tonnes within the next five years

Quantitative strategists fail to replicate US and China success in India

Low interest, strict regulations and the success of active stock-picking are scuppering the growth of quants in the world's most populous nation

TCS shares climb 3% post-earnings announcement, mcap jumps Rs 29,437 cr

Shares of Tata Consultancy Services (TCS) climbed almost 3 per cent on Thursday a day after the company reported a 16.83 per cent increase in its June quarter net profit to Rs 11,074 crore. The stock climbed 2.47 per cent to settle at Rs 3,340.65 on the BSE. During the day, it rallied 3.24 per cent to Rs 3,366. It was the biggest gainer among the BSE Sensex and NSE Nifty firms. At the NSE, it climbed 2.59 per cent to end at Rs 3,344.50. The company's market valuation jumped Rs 29,437.08 crore to Rs 12,22,361 crore in tandem with rally in the stock. A total of 2.69 lakh shares of the company were traded at the BSE and over 45.85 lakh shares on the NSE during the day. The rally in the stock was instrumental in helping equity markets trade firm. The 30-share BSE Sensex ended 164.99 points, or 0.25 per cent, higher at 65,558.89, and the NSE Nifty went up by 29.45 points, or 0.15 per cent, to 19,413.75. The Tata Group company had reported a net profit of Rs 9,478 crore in the year-ago

Sebi slaps Rs 77 lakh fine on 16 entities for manipulating share price

Capital markets regulator Sebi on Wednesday slapped fines totalling Rs 77 lakh on 16 entities for manipulating the share price and violating other norms in the matter of Gayatri Sugars Ltd. The Securities and Exchange Board of India (Sebi) conducted an investigation in the matter of Gayatri Sugars Ltd (GSL), a BSE-listed company. The probe was to ascertain whether there was any violation of Sebi norms and PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) rules by certain entities for the period from April 10-23, 2018. Sebi's Adjudicating Officer G Ramar said, "I note that Noticee 5 to 16 have created misleading appearance of trading in the scrip of (GSL) by doing trades within them. Further, Noticee 4 made a deliberate attempt to increase and manipulate the price of the scrip." Apart from this, I also note that Noticee 1, 2 and 3 failed to reply to the summons issued by the regulator to them, Ramar added. Through such acts, the entities have violated the regulatory nor

Share market reverse intraday losses on Wed, shrug off US recession fears

Analysts also anticipated caution from investors ahead of the U.S. Federal Reserve rate decision on May 3. The odds of a 25-basis point rate hike stand at 80.7%

Financials power Indian shares after quarterly results Reliance, ICICI Bank

Private lender ICICI Bank posted a 30% surge in the March-quarter profit, helped by improved net interest income and loan growth

Avalon Technologies' IPO gets subscribed 9% on second day of offer

Avalon Technologies' initial share sale received a lukewarm response from investors, with the offer getting subscribed 9 per cent on the second day of subscription on Wednesday. The Initial Public Offering (IPO) received bids for 10.77 lakh equity shares against 1.14 crore shares on offer, according to the data available with the National Stock Exchange (NSE). The three-day issue, which will close on Thursday, has received 45 per cent subscription from Retail Individual Investors (RIIs). The quota for Non-Institutional Investors (NIIs) was subscribed 5 per cent while Qualified Institutional Buyers (QIBs) quota remained unsubscribed on the second day. On Friday, Avalon Technologies said that it has raised a little over Rs 389 crore from anchor investors. The IPO comprises a fresh issue of aggregating Rs 320 crore and an offer for sale of up to Rs 545 crore by promoters and existing shareholders. The company has fixed a price band of Rs 415-436 per share. Proceeds from the fresh i

Financials, IT aid rise in Indian shares ahead of RBI rate decision

The Nifty 50 closed 0.91% higher at 17,557.05, while the S&P BSE Sensex rose 0.99% to 59,689.31. Both the benchmarks have extended gains for a fourth session in a row

Cyient shares jump 5% in mid-session trade after firm rejigs top leadership

Shares of Cyient on Wednesday jumped 5 per cent in the mid-session trade after the IT company rejigged its top management. The stock of the firm zoomed 5.07 per cent in the mid-session trade at Rs 1,045 apiece on the BSE. During the intra-day trade, the stock touched its 52-week high of Rs 1,049.80 per share. On the NSE, it climbed 4.97 per cent to Rs 1,044.15 per piece. In the mid-session trade, the 30-share BSE Sensex is trading 522.92 points or 0.88 per cent higher at 59,626.22 points. On Monday, IT company Cyient said that it has rejigged top management roles with the elevation of its managing director and CEO Krishna Bodanapu to the position of executive vice-chairman and MD.

Indowind Energy approves allotment of 1.75 cr shares for Rs 12 per share

Indowind Energy Ltd on Friday said its board has approved the allotment of over 1.75 crore shares for Rs 12 per equity share. This price includes a premium of Rs 2 on each share, Indowind Energy said in a regulatory filing. "In the meeting held on March 31, 2023, the Board considered and approved the allotment of 1,75,93,294 equity shares at a price of Rs 12 per equity share (including a premium of Rs 2 per equity share) (allotment)," it said. In view of the above, the paid-up equity share capital of the company has increased from Rs 89,74,14,860 (8,97,41,486 equity shares of Rs 10 each) to Rs 107,33,47,800 (10,73,34,780 equity shares of Rs 10 each), it added.

Why ABB's good fourth quarter numbers may not boost its share price

While global slowdown may limit growth and margins may have peaked, analysts are divided with target prices ranging between Rs 2,820 and Rs 3,370

Adani group stocks price surge after $113 billion market value wipeout

-Shares in India's Adani Group rallied on Tuesday a day after it prepaid some loans, bringing relief to investors that have seen $113.6 billion wiped off.

Adani Enterprises FPO: Short-term trend on the stock remains negative

A sustained move over the 50-DMA of Rs 3,881 could see the counter heading towards recording a new historic peak