BSE500 Stocks

Leading luxury surfaces and bathware products manufacturer Asian Granito India turned profitable in the first quarter of 2024-25, reporting a consolidated profit of Rs 30 lakh against a loss of Rs 3.6 crore in the year-ago period. The recovery was led by a 3 per cent increase in its consolidated net sales to Rs 343.2 crore in the April-June quarter of the current fiscal compared to net sales of Rs 334.8 crore in the first quarter of FY24, the company said in a statement. The earnings before interest tax depreciation and amortisation (EBITDA) for the quarter under review stood at Rs 16.1 crore against Rs 9.6 crore in the year-ago period, the company said. Strategic initiatives such as the Morbi expansion, the AGL demerger, focus on retail presence, showroom expansion, among others, demonstrate the company's strong commitment to growth," Asian Granito India Chairman and MD Kamlesh Patel said. The company said it is investing around Rs 73 crore to set up a mega display centre-cum- ..

The market capitalisation of BSE-listed companies jumped to a lifetime peak of Rs 462.38 lakh crore on Wednesday helped by a four-day rally in benchmark indices. The 30-share BSE Sensex settled higher by 285.94 points or 0.35 per cent at 81,741.34 -- its all-time closing high. In the last four trading sessions, the BSE benchmark jumped 408.62 points or 0.50 per cent, making investors richer by Rs 5.45 lakh crore. Investors' wealth climbed Rs 5,45,337.02 crore in the past four days to reach a record high of Rs 4,62,38,008.35 crore (USD 5.52 trillion) on Wednesday. "Sebi's crackdown on Futures & Options trade is eminently desirable and can go a long way towards making the ongoing rally healthy and less speculative. "The irrational exuberance of the retail investors, particularly the newbies who entered market after the Covid crash, will do more harm than good to the overall market in the long run," V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, ...

Before opening of trading on September 1, the JFSL stock will be removed from all S&P BSE indices, including Sensex, Sensex 50, BSE 100, BSE 500, among others

Bulk of the earnings upgrade over the past one year has been driven by stocks related to domestic cyclical demand (financials, consumer discretionary, auto, tobacco, industrials) and internet stocks.

Market rally turning broad based in terms of number of stocks outperforming the benchmark index

Price range set at Rs 564.1-578.55 per share; sale could fetch UK-based financial major at least Rs 2,425.6 cr

Infosys, Tata Consultancy Services (TCS) and Tanla Platforms from the IT sector hit their respective new highs today.

Experts say this reflects selling pressure in mid-, small-cap space

Shares of JK Tyre & Industries soared 13 per cent hit hit its fresh 52-week high of Rs 120 today.

The S&P BSE 500 index, which accounts for 94 per cent market capitalisation of BSE listed companies, has gained 45 per cent from its March 24 low.

RIL hit a fresh record high of Rs 2,000 mark, up 1.4 per cent in intra-day trade today.

Escorts and Alkyl Amines Chemicals gained 3% today, surging over 60% in the past three months on the BSE.

Tata Motors, ONGC, RBL Bank, PNB Housing, Edelweiss Financial, SpiceJet, BHEL, HEG, Graphite India and Oil India have plunged more than 60 per cent from their respective 1-year highs

As many as 63 stocks have zoomed over 1,000 per cent during this period

Aurobindo Pharmaceuticals, BHEL, Ambuja Cements, Grasim Industries, Zee Entertainment, Glenmark Pharmaceuticals, Lupin and LIC Housing Finance were among the 34 stocks that hit their 52-week lows

Concerns about financial sector health weigh on investors' minds

Subdued corporate earnings, uncertainty over US-China trade talks, Brexit, volatility in crude oil prices are some of the key issues that have kept the investors on tenterhooks

Over the past month, Coffee Day Enterprises, Indiabulls Integrated Vodafone Idea, DHFL, CARE Ratings, Indiabulls Ventures and Tejas Networks have tanked more than 40%.

A total of 119 from the BSE 500 index - down from 128 in the previous quarter - had at least some of their holdings pledged at the end of the June quarter