Sunday, December 22, 2024 | 11:17 PM ISTEN Hindi

Sensex sheds 237 pts dragged by HUL, RIL, Infosys; Nifty ends below 18,050

Closing Bell: Broader markets bled more than benchmarks with the BSE Midcap and Smallcap indices falling up to 0.7 per cent

SI Reporter New Delhi

BSE

9:44 AM

Vedanta to sell its international zinc assets to Hindustan Zinc

>> Metals and mining major Vedanta on Thursday said that its board had approved the sale of its international zinc assets in South Africa and Namibia to subsidiary Hindustan Zinc (HZL) for $2.98 billion.

9:42 AM

360 ONE down 2% post the announcement of stock split, Q3 results

>> Erstwhile IIFL Wealth Management's Board has approved sub-division of each existing equity share into two equity shares.

>> Separetely, it reported a consolidated profit after tax of Rs 180 crore for Q3FY23, up 16 per cent YoY and 4 per cent QoQ. Total revenues stood marginally higher QoQ at Rs 410 crore. It also annoucned fourth interim dividend for the financial year 2022-23 of Rs 17 per share.

9:39 AM

Sun Pharma declines 2% after it announces acquisition of Concert Pharmaceuticals Inc

>> Sun Pharmaceutical Industries and Concert Pharmaceuticals Inc have executed a definitive agreement under which Sun Pharma will acquire all outstanding shares of Concert through a tender offer for an upfront payment of $8.00 per share or $576 million in equity value. The upfront payment of $8.00 per share of common stock in cash represents a premium of approximately 33 per cent to Concert's 30-day volume weighted average price.

9:37 AM

Ruby Mills enter into agreement with global property manager Hines; stock hits 5% upper circuit

>> The company has entered into an agreement with Hines, the global real estate investment, development, and property manager, for Asset upgradation, Management and Marketing.

9:36 AM

Bata India appoints Anil Somani as the Chief Financial Officer; stock down less than 1%

>> The Board of Directors has appointed Anil Somani as the Chief Financial Officer of the company. He has over 25 years of experience, and has worked with organizations like Croma, Walmart, Metro Cash & Carry, etc.

9:33 AM

Surya Roshni holds gains in a weak market on order win worth Rs 147 crore

>> The company has obtained total order amounted to Rs 147.30 crore (including GST) for supply of API- SL coated pipes and bare pipes from Indian Oil Corporation Limited, and Powder Coated GI pipes from GAIL (India) Limited.

9:32 AM

PVR erases morning gains, slips into red as market sentiment weighs

>> The largest multiplex chain in the country posted a consolidated net profit of Rs 16.2 crore in the December quarter, against a loss of Rs 10.2 crore in the corresponding period of the previous fiscal. PVR's consolidated revenue from operations rose 53 per cent year-on-year (YoY) to Rs 941 crore from Rs 614.2 crore a year ago

9:31 AM

HUL shares fall 2% on profit booking as Q3 numbers meet Street expectations

>> HUL reported a 7.7 per cent rise in net profit during the October-December quarter of 2022-23, beating Street estimates. With 5 per cent volume growth, the company’s net profit rose to Rs 2,474.0 crore from Rs 2,297.0 crore in the same quarter a year ago. Its revenue grew 16 per cent to Rs 15,343.0 crore from Rs 13,223.0 crore.

9:28 AM

Mphasis sinks 3.5% as Q3 earnings slide sequentially

>> The information technology company's consolidated revenue from operations fell sequentially to Rs 3,506.2 crore in Q3FY23 from Rs 3,519.82 crore reported in Q2FY23. Net profit, meanwhile, slipped to Rs 412.27 crore in the recently concluded quarter vs Rs 418.46 crore seen in Q2FY23.