Sensex rebounds 640 pts from day's low to end 135 pts down; Airtel jumps 5%

Bargain hunting in domestic equities helped the markets rebound swiftly from intra-day lows on Wednesday

4:07 PM

Mahindra Lifespace advances over 4%, hits 52-week high as Board approves bonus issue plan

4:06 PM

Tata Coffee tanks 9% on poor Q1 show

The Tata Group company's Q1 PAT dropped 20% YoY to Rs 28.6 crore while revenue slipped 9% YoY to Rs 533 crore. Ebitda and Ebitda margin fell 18.4% and 190 bps, respectively.

4:02 PM

Dr Reddy's extends fall into second day

Shares of Dr Reddy's Laboratories extended their decline into second straight day, falling 14 per cent in two days, after the company reported the disappointing results for the quarter ended June 2021 (Q1FY22). The stock hit a three-month low of Rs 4,667, down 4 per cent on the BSE in the intra-day trade on Wednesday, and was trading at its lowest level since April 9, 2021.

4:00 PM

Maruti Suzuki slips over 1% as Q1 PAT comes in lower-than-expected

India’s largest domestic automobile manufacturer Maruti Suzuki India on Wednesday reported a standalone net profit of Rs 440.8 crore for April-June quarter of FY22 (Q1FY22), hit by increased tax expenses and lower sale volumes. 

Analysts, on an average, had expected a standalone net profit anywhere between Rs 787 crore and Rs 987.7 crore. However, the outlier figures on the extreme ends pegged the same at Rs 426 crore and Rs 1,097.4 crore.

3:57 PM

Index contributors :: Banks, RIL top drags on the Sensex today

3:54 PM

BSE SmallCap index underperforms, ends 0.46% down

3:53 PM

BSE MidCap index rebounds from lows, ends flat

3:49 PM

Sectoral trends on the NSE :: Metal stocks shine in a weak market; PSBs bleed

3:47 PM

Sensex Heatmap at Close

Top gainers: Bharti Airtel, Tata Steel, IndusInd Bank

Top losers: Kotak Bank, Dr Reddy's Labs, M&M

3:44 PM

CLOSING BELL

BSE barometer Sensex stood at 52,443.71, down 135.05 points or 0.26 per cent while Nifty50 was down 37 points or 0.24 per cent at 15,709.40. In the broader markets, the BSE SmallCap index underperformed the headline indices and slipped 0.45 per cent. 

 

3:30 PM

JUNE QUARTER RESULTS :: MARUTI SUZUKI

>> PAT at Rs 440.8 crore

 

>> Revenue at Rs 17,771 cr

 

>> EBITDA at Rs 820 crore

 

>> Margin at 4.6%

 

>> Q1 PAT impacted by lower sales volume; Covid wave hit Apr-June production, sales

 

3:25 PM

Century Textiles surges 15%, hits record high on robust Q1 results

Shares of Century Textiles and Industries moved higher by 15 per cent to Rs 783.80, also its record high on the BSE in intra-day trade on Wednesday after the company reported a consolidated net profit of Rs 25 crore for the quarter ended June 2021 (Q1FY22), on the back of strong operational performance. The company had posted a consolidated net loss of Rs 36 crore in Q1FY21.

 

The stock rebound 17 per cent from its intra-day low of Rs 668.85 to surpass its previous high of Rs 736 touched on July 19, 2021. In comparison, the S&P BSE Sensex was down 0.44 per cent or 233 points at 52,346 points around 02:55 pm. READ MORE

3:14 PM

NEWS ALERT :: FM, I&B Minister to brief on Cabinet decision at 4 pm

3:06 PM

NEWS ALERT :: G R lnfraprojects emerges as lowest bidder for Rs 927-cr highway project

2:53 PM

NEWS ALERT :: Lok Sabha passes Insolvency and Bankruptcy Code (A) Bill, 2021