Page 182 - Stock Market Trading
Eris Life soars 13% on strong Q3 revenue; Co reduces debt ahead of guidance
The board of directors of Eris Lifesciences is scheduled to meet on Friday, February 07, 2025, to consider the declaration of interim dividend for the financial year 2024-25
 "Eris Life soars 13% on strong Q3 revenue; Co reduces debt ahead of guidance")
MTNL share price hits 20% upper circuit on heavy volumes; up 28% in 2 days
Till 09:43 AM, average trading volume on the counter had jumped over three fold with a combined 21.17 million equity shares, representing 3.4 per cent of total equity of MTNL, changing hands
 "MTNL share price hits 20% upper circuit on heavy volumes; up 28% in 2 days")
Capital market-related stocks in focus; MOFSL, KFintech soar upto 12% today
For capital market players, higher disposable incomes could support systematic investment plan (SIP), future & options (F&O) and cash volumes
 "Capital market-related stocks in focus; MOFSL, KFintech soar upto 12% today")
Here's why stock broking firm Angel One share price gained 6% in trade
Angel One released its January update on Wednesday before market hours. The report showed that Angel One's client base increased 47.5 per cent Y-o-Y to 3.01 crore
 "Here's why stock broking firm Angel One share price gained 6% in trade")
Markets Today: Services PMI; MPC; Trump-China news; Swiggy, Titan Q3; IPO
At 6:33 AM, GIFT Nifty futures were up 71 points at 23,856, signaling a higher start for Indian markets
 "Markets Today: Services PMI; MPC; Trump-China news; Swiggy, Titan Q3; IPO")
Markets rebound to settle at 1-month high after Trump delays tariff storm
US move to delay tariffs, China's response improve investor sentiment
 "Markets rebound to settle at 1-month high after Trump delays tariff storm")
DIIs close India Inc ownership gap with foreign portfolio investors
At the end of December, DIIs had a share of 16.9% compared to 17.2% of FPIs
 "DIIs close India Inc ownership gap with foreign portfolio investors")
Stock Market Rally Highlights: Sensex climbs 1397 points, Nifty settles at 23,739; RIL, banks shine
Markets Today Highlights: Banking shares stole the show among sectors, with Nifty PSU Bank, and Private Bank indices ending higher by over 2 per cent each
 "Stock Market Rally Highlights: Sensex climbs 1397 points, Nifty settles at 23,739; RIL, banks shine")
Why Sensex surged 1,397 pts today despite a trade war brewing in the US?
Markets in India climbed after tariffs imposed on Mexico and Canada were postponed for now, and investors assessed budget announcements fully, according to market experts
 "Why Sensex surged 1,397 pts today despite a trade war brewing in the US?")
Kalyan Jewellers soars 25% in 4 days post Q3 results; up 30% from Jan low
However, still, the stock quotes 31 per cent lower when compared with its all-time high price of Rs 794.60 hit on January 1.
 "Kalyan Jewellers soars 25% in 4 days post Q3 results; up 30% from Jan low")
Swiggy Q3 preview: Analysts expect loss to widen QoQ, revenue may rise 10%
Analysts and investors will keep an eye on Instamart's gross order value (GOV) and average order value (AOV) growth, dark store additions, and margins
 "Swiggy Q3 preview: Analysts expect loss to widen QoQ, revenue may rise 10%")
Manappuram Finance rallies 5% on heavy volumes; hits over 4-month high
For Manappuram Finance, the gold loan growth will continue to remain healthy, driven by demand-side tailwinds due to the poor availability of short-term personal and MFI loans.
 "Manappuram Finance rallies 5% on heavy volumes; hits over 4-month high")
Garden Reach shares gain 5% on posting Q3 results, PAT up 11%, rev up
Garden Reach reported 11 per cent increase in net profit at Rs 98 crore as compared to Rs 88 crore a year ago
 "Garden Reach shares gain 5% on posting Q3 results, PAT up 11%, rev up")
Britannia's Q3 PAT likely to slip 5% YoY; margins may contract: Analysts
Analysts and investors will keep an eye on management's commentary on the company's growth and margin outlook
 "Britannia's Q3 PAT likely to slip 5% YoY; margins may contract: Analysts")
Nifty seen clearing first roadblock; next stop at 23,800? Key levels here
The NSE Nifty is on the verge of a positive breakout after a gap of nearly 1.5 month; technical chart suggests the index could rally all the way to 24,250 levels.
 "Nifty seen clearing first roadblock; next stop at 23,800? Key levels here")
HFCL shares down 3% after posting Q3 results; PAT down 10%; revenue 2%
HFCL reported 10 per cent decline in net profit to Rs 74 crore as compared to Rs 82.24 crore a year ago
 "HFCL shares down 3% after posting Q3 results; PAT down 10%; revenue 2%")
Here's why L&T share gained 4% in trade on February 4; check reasons here
Larsen & Toubro reported a consolidated net profit of Rs 3,359 crore in Q3FY25, reflecting a 13.9 per cent increase compared to Rs 2,947.4 crore in Q3FY24
 "Here's why L&T share gained 4% in trade on February 4; check reasons here")
This recently listed rail-related IPO surges 18%; up 119% from issue price
Shares of Quadrant Future Tek hit a new high of Rs 634, surging 18% on the BSE in Tuesday's intra-day trade amid heavy volumes.
 "This recently listed rail-related IPO surges 18%; up 119% from issue price")
Triveni Turbine slips 9% post Q3 results as domestic orders fall 16% YoY
While order booking from India remained subdued in the quarter, the company continues to see good international demand which is reflected in export order bookings that grew 9% YoY to Rs 346 cr in Q3
 "Triveni Turbine slips 9% post Q3 results as domestic orders fall 16% YoY")
Power Grid share price slips 4% on weak Q3 performance; details here
Power Grid's consolidated profit dropped 4.1 per cent year-on-year (Y-o-Y) to Rs 3,861.6 crore in the December quarter of financial year 2025 (Q3FY25), from Rs 4,028.3 crore in Q3FY24
 "Power Grid share price slips 4% on weak Q3 performance; details here")