Bikaji Foods International saw a significant surge in its stock price by over nine percent on May 24 following its robust financial performance. The company reported a remarkable 200 percent increase in net profit, reaching Rs 116.3 crore, while revenue from operations climbed by 12.8 percent year-over-year to Rs 520.8 cr for the quarter ending…
IREDA shares: IREDA’s stock soared by nearly 13%, reaching an intraday peak of Rs 192.20, following the company’s elevation to Navratna status. In an exchange filing, IREDA announced, “Under Regulation 30 of SEBI (Listing Operations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Department of Public Enterprises (DPE), through its letter dated April…
Hatsun Agro Product shares: Hatsun Agro Products saw its shares surge by almost 14% to reach an intra-day peak, buoyed by robust earnings in Q4 FY24. In Q4 FY24, the company witnessed a significant surge in net profit, reaching Rs 52.16 crore, compared to Rs 25 crore in Q4 FY23. Additionally, its revenue from operations…
Reliance Infra stock: On April 10, shares of Reliance Infrastructure plummeted by 20 percent, reaching a lower circuit limit at Rs 227.4. This drop came following a Supreme Court directive instructing its airport metro arm to refund arbitral award payments received from the Delhi Metro Rail Corporation (DMRC). The Supreme Court approved DMRC’s curative petition,…
Paytm shares: The stock of One97 Communication, the parent company of Paytm, experienced a 4% decline, dropping to an intra-day low of Rs 388 following the resignation of Surinder Chawla, the MD & CEO of Paytm Payments Bank. In an exchange filing, the company stated that Chawla submitted his resignation citing personal reasons and a…
Stock Market Updates: Amidst encouraging signals from global peers, equity benchmark indices got off to a solid start on the first trading day of the 2024–25 fiscal year. At 74,166, the S&P BSE Sensex was up more than 500 points. A test of the 22,500 levels was observed for the NSE Nifty 50. – Stock…
Domestic equity benchmarks the Nifty 50 and the Sensex closed lower on Monday, February 12, led by banking and financial heavyweights, ahead of key macroeconomic data and mixed global cues. India’s consumer price index (CPI)-based inflation or inflation rate for January, as well as the index of industrial production (IIP) data for December, are set…
Today’s stock market: Domestic market benchmarks the Nifty 50 and Sensex closed lower on Saturday, January 20, with shares of Reliance Industries (RIL) and Hindustan Unilever (HUL) among the top losers after their December quarter earnings failed to please investors – Today’s stock market HUL and RIL both announced their quarterly results after market hours…
The Indian stock market indices, the Sensex and Nifty 50, are expected to open higher on Tuesday, boosted by strong global market cues. The trends on the Gift Nifty indicate a positive start for the Indian benchmark index. The Gift Nifty was trading at around 21,694, compared to the Nifty futures’ previous close of 21,570….
The Indian stock market indices, Sensex and Nifty 50, are expected to open flat on Monday, tracking mixed global cues. The trends on Gift Nifty also point to a slow start for the Indian benchmark index. The Gift Nifty was trading around 21,765 compared to the Nifty futures’ previous close of 21,785. For the second…
