Moody's said Tata Motor's two-notch rating upgrade with a positive outlook follows the company's sustained track record in achieving revenue growth, improving profitability and reducing debt.
Management indicated that cement demand would remain weak until calendar year 2024-end and expects a full recovery from Q4FY25, brokerage firm MOFSL said.
The company reported a net loss of Rs 35.62 crore in June 2024 quarter due to higher than usual provisioning.
Shares of S.P. Apparels hit a new high of Rs 1,133, as they surged 20% on the BSE in Wednesday's intra-day trade amid heavy volumes.
With normal monsoon expected for this fiscal, TVS expects rural recovery to drive sustained momentum for the industry in the coming quarters.
Bangladesh crisis news, textile shares: This will provide a sentimental boost for related stocks, though the rally should not be chased on this trigger alone, analysts said
Shares of Gravita India hit a new high of Rs 1,838.40, as they surged 14 per cent in Tuesday's intra-day trade backed by heavy volumes on the BSE.
Analysts at Elara Capital remain bullish on the Rallis' crop care division prospects, driven by the robust outlook on the domestic business and cautiously optimistic outlook on the international biz.
With a strong presence in the hinterland, Patanjali Foods is positive about rural demand moving northwards in the coming quarter.
Despite of today's decline, in the past six months, Marico has outperformed the market by surging 25%, againsts 10% rise in BSE Sensex and 14% rally in BSE FMCG index.
Of these 505 stocks, as many as 83 per cent or 420 stocks belonged to 'XT', 'T', 'X', and 'Z' categories
Tata Tech from the midcap index and Equitas SFB, Kolte Patil Developers, Landmark Cars, Nilkmal, Spandana Sphoorty and Tasty Bite from the smallcap index hit their respective 52-week lows
Neuland Laboratories hit a new high of Rs 11,093.15, as the stock rallied 18% on the BSE in Friday's intra-day trade on the back of robust earnings for June 2024 quarter.
Auto stocks update: The overall wholesale volume performance was subdued in July 2024 with some segments like PV, CV and select two-wheeler players' volume reporting weak sales volume.
Near-term demand momentum expected to be driven by CNG/utility vehicle segment
Nuvama Wealth Management hit a new high of Rs 6,712, surging 6% on the BSE in Thursday's intra-day. The stock has more-than-doubled in just six months.
Q1 earnings cheer: Lupin, Zydus Lifesciences, Glenmark Pharmaceuticals, Aurobindo Pharma, Torrent Pharmaceuticals and Sun Pharmaceutical were up between 2 per cent and 3 per cent.
The company gained significant traction in new contract sign ups in the fast-growing business lines of global fund services, alternatives and wealth, fund administration, and technology solutions.
In the past one year, the stock price of Trent has zoomed 231 per cent, as compared to 23 per cent rise in the BSE Sensex.
Shares of Balu Forge Industries hit a new high of Rs 501, surging 7% on the BSE in Tuesday's intra-day trade and rallied 23% in four days. Company to announce Q1 results today.