Stock Market Highlights, July 11: Mid, small-caps outshine Sensex, Nifty; Oil, shipping stocks soar
Stock Market Highlights on Thursday, July 11, 2024: The BSE Sensex ended at session 27 points lower at 79,897, while the Nifty50 closed at 24,316, down 8.5 points
9:32 AM
JTL Industries rises 2% on Thursday post Q1 results
>> JTL Industries saw a 2 per cent YoY increase in revenue to Rs 515 crore, with volumes up by 11 per cent YoY.
> Margins expanded by 70 basis points to 7.7 per cent. Ebitda per tonne stood at Rs 4,632 compared to Rs 4,594 YoY. Additionally, warrants issued to promoters were converted at Rs 270 per share.
> Margins expanded by 70 basis points to 7.7 per cent. Ebitda per tonne stood at Rs 4,632 compared to Rs 4,594 YoY. Additionally, warrants issued to promoters were converted at Rs 270 per share.
9:30 AM
Kesoram Ind falls over 1% in early trade, recoups losses later post Q1 results
>> Kesoram Industries reported a net loss of Rs 62 crore compared to Rs 32.4 crore last year. Revenue decreased by 12 per cent year-on-year (YoY) to Rs 879 crore. Ebitda declined by 32.3 per cent YoY to Rs 70.9 crore, with Ebitda margin at 8 per cent, down from 10.5 per cent last year.
9:27 AM
Tata Elxsi slips in trade post muted Q1 show
>> The company reported a 6.5-per cent quarter-on-quarter (Q-o-Q) decline in net profit to Rs 184.1 crore. Ebit fell 3.6 per cent to Rs 225.3 crore, with Ebit margin narrowing to 24.3 per cent from 25.8 per cent Q-o-Q. Revenue, however, was up 2.3 per cent to Rs 926.5 crore
9:25 AM
Stock Alert :: YES Bank jumps 7% on Moody's upgrade
>> Global rating agency Moody's has revised its outlook on Indian private sector lender Yes Bank from "stable" to "positive" on the expectation of a gradual improvement in its depositor base and lending franchise.
9:22 AM
Broader markets :: All broader indices swim in green
9:21 AM
Sectoral trends :: Wednesday's winners underperform in Thursday's morning session
9:19 AM
Sensex Heatmap :: Less than 10 index stocks slip in trade
9:18 AM
Opening Bell :: Nifty holds gains, trades above 24,350
9:16 AM
Opening Bell :: Sensex starts above 80,000
9:12 AM
Commodity check :: Gold, Silver edge higher in early deals
9:10 AM
Pre-Open Session :: Nifty nears 24,400
9:09 AM
Pre-Open Session :: Sensex rises over 200 pts, reclaims 80,100
9:06 AM
ALERT :: Kalpataru Projects International, its JVs, international subsidiaries secure orders of Rs 2,995 crore
9:03 AM
Currency check :: Rupee strengthens in early deals
8:55 AM
Ambuja Cements poised for highest volume growth: Nomura upgrades to 'Buy'
Japanese brokerage firm Nomura has upgraded India's second biggest cement company Ambuja Cements to Buy with a target price of Rs 780, an upside of 17 per cent, raising their target multiple to 19x (from 14x) to factor in the company’s expansion juggernaut. READ MORE
Topics : MARKET LIVE MARKET WRAP stock market trading Indian stock exchanges Indian stock market BSE NSE NSE Nifty50 benchmark index nikkei Markets Sensex Nifty S&P BSE Sensex BSE stocks Nifty50 Indian equities
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First Published: Jul 11 2024 | 7:10 AM IST