Sensex snaps 3-day losing run, up 481 pts; Nifty holds 19,500; SBI down 3%

Closing Bell on August 4: Among sectors, the Nifty IT index added 1.45 per cent, while the Nifty PSU Bank index fell 0.86 per cent

2:22 PM

ALERT:: Century Plyboards Q1 net dips 13%; stock down 2%

Century Plyboards Q1 net profit dipped 12.8 per cent to Rs 84.11 crore for the quarter ended June 2023 when compared with Rs 96.47 crore in the corresponding quarter a year ago. Total income rose marginally to Rs 892.29 crore from RS 887.46 crore.

2:13 PM

IRFC marches to new high; stock zooms 38% in a week on stable outlook

The company will continue to receive timely funding from the government through favourable lease agreement, owing to its strategic role as a dedicated funding arm of Indian Railways. READ MORE

2:04 PM

ALERT:: SML Isuzu Q1 net zooms over 13-fold; stock rallies 13%

SML Isuzu Q1 net profit zoomed 1,258.5 per cent to Rs 31.78 crore for the quarter ended June 2023 when compared with Rs 2.34 crore in the corresponding quarter a year ago. Total income incresed by 26.6 per cent YoY to Rs 633.81 crore.

1:54 PM

ALERT:: Dilip Buildcon Q1 net soars 4-fold; stock up 2%

Dilip Buildcon Q1 net profit soared 321 per cent to Rs 83.37 crore for the quarter ended June 2023 when compared with Rs 19.80 crore in the corresponding quarter a year ago. Total income, however, was down 0.5 per cent YoY at Rs 2,626.97 crore.

1:44 PM

LIC Housing Finance hits 10-month high on 43% YoY net profit growth in Q1

In the past one year, this non-banking financial services (NBFC) stock has surged 16 per cent, as against a 12 per cent jump in the S&P BSE Sensex. READ MORE

1:34 PM

ALERT:: SBI Q1 net surges 178%; stock slips 1%

1:24 PM

ALERT:: Nava Q1 net plunges 59%; stock drops 5%

Nava Q1 net profit plunged 58.8 per cent to Rs 72.80 crore for the quarter ended June 2023 when compared with Rs 176.57 crore in the corresponding quarter a year ago. Total income declined 19.2 per cent YoY to Rs 438.60 crore.

1:13 PM

ALERT:: M&M Q1 net nearly doubles at Rs 2,774 cr; stock up 1%

Mahindra & Mahindra (M&M) today posted a 97.6 per cent growth in Q1FY24 net profit at Rs 2,773.74 crore when compared with Rs 1,403.61 crore in Q1FY23. Total income rose by 25.4 per cent YoY to Rs 25,025.95 crore.

1:05 PM

Asian Market Update:: Major indices gain up to 0.5%

Source: Yahoo Finance

12:55 PM

Q1FY24 Earnings :: JK Tyre profit jumps to Rs 154 crore vs Rs 37 cr YoY

>> Revenue up 2.1% YoY at Rs 3,718.1 crore

>> Ebitda up 60.6% YoY to Rs 457.3 crore

>> Margin at 12.3% vs 7.8% YoY
 

12:45 PM

Q1FY24 Earnings :: Devyani International posts profit of Rs 12 crore, hit by exceptional item

12:39 PM

ALERT :: EKI Energy sees sharp spike amid report that India will allow sale of carbon credit globally

12:25 PM

ALERT :: MRF hits the magical figure of Rs 111,111 per share

>> Stock up 8% in 2 days post Q1 results

12:16 PM

ALERT :: M&M trades flat ahead of Q1FY24 results today

12:06 PM

FPI inflows hit 11-month high in July, lift benchmarks to fresh highs

Sustained FPI inflows have powered the uptick in the blue-chip Nifty 50 and S&P BSE Sensex, driving the benchmarks to record highs. The Nifty 50 rose 2.94 per cent in July.  Between March and July, FPIs have been net buyers of Indian equities in each of the five months, purchasing shares worth Rs 1.5 trillion and triggering a 14.15 per cent rise in Nifty 50 index. READ MORE