Stock Market Highlights, May 14: Sensex rises for 3rd day, gains 328 pts; Nifty tops 22,200

Stock market highlights on May 14: The broader markets, meanwhile, outperformed the frontline indices as the BSE MidCap added 1.14 per cent, and the BSE SmallCap rose 1.8 per cent

2:11 PM

Public sector banks' total profit jumps 35%, crosses Rs 1.4 trn in FY24

Out of the total profit of Rs 141,203 crore earned during the FY24, market leader State Bank of India (SBI) alone contributed over 40 per cent of the total earnings. READ MORE

1:58 PM

Foreign equity investors turn to hedging over Lok Sabha poll jitters

Ahead of the results, the net open interest of put options on Indian indexes held by foreign investors hit the highest since at least January 2019. READ MORE

1:46 PM

ALERT:: PVR Inox Q4 loss narrows to Rs 129.70 cr; stock marginally down

PVR  Inox today reported a net loss of Rs 129.70 crore for the quarter ended March 2024 as against a net loss of Rs 334 crore in the corresponding quarter a year ago. Total income rose by 12.1 per cent YoY to Rs 1,305.50 crore from Rs 1,164.90 crore.

1:35 PM

Virushka-backed Go Digit IPO to open tomorrow: Here's all you need to know

Go Digit IPO review: Power couple Anushka Sharma and Virat Kohli-backed Go Digit is set to launch its initial public offering (IPO) on Wednesday, May 15, 2024. READ MORE

1:21 PM

India-Iran Chabahar port deal: Time to bet on Indian shipping stocks?

Among shipping stocks - SCI, GE Shipping and Dredging have logged multi-fold returns over the last few years; here’s what the chart suggests for the likely trend going ahead. READ MORE

1:08 PM

India's wholesale price index reaches thirteen-month high of 1.26% in April

April 2024 WPI: Prices of crude petroleum & natural gas and food articles witnessed a surge in April 2024 compared to March 2024, while prices of non-food articles and minerals saw a decline. READ MORE

12:59 PM

Banks, metals, utilities: What domestic mutual funds bought in April 2024

Mutual funds increased their investments in Private Banks, Metals, Utilities, Telecom, Consumer Durables, and Real Estate in April 2024, shows data analysed by brokerage Motilal Oswal. READ MORE

12:46 PM

Refractory Shapes stages powerful debut, lists at 142% premium on NSE SME

The Refractory Shapes IPO, valued at approximately Rs 18.60 crore, comprises a fresh issue of 6,000,000 equity shares with a face value of Rs 10, with no offer-for-sale component. READ MORE

12:33 PM

This PSU defense stock has zoomed 123% since Nov; UBS sees over 25% upside

Since September 28, 2023, the market price of HAL has appreciated by 115% after the stock split in the ratio of 1:1. READ MORE

12:17 PM

Tube Investments Q4 results: Slight dip in standalone PAT at Rs 247.88 cr

For the financial year ending March 31, 2024 the standalone PAT surged to Rs 734.51 crore, from Rs 665.20 crore registered in the same period of last year. READ MORE

12:01 PM

TVS Motor launches new TVS iQube e-scooter; price starts from Rs 94,999

Two and three-wheeler maker TVS Motor has rolled out a new range of its popular electric scooter, TVS iQube, widening its product portfolio, the company said. READ MORE

11:45 AM

Morgan Stanley, CLSA bullish on Zomato after solid Q4, check target prices

On the bourses, Zomato was trading 1.39 per cent lower at Rs 191 per share, at 9:42 AM. By comparison, S&P BSE Sensex was up 0.11 per cent at 72,853.25 levels. READ MORE

11:33 AM

Alembic zooms 13% on strong Q4 performance; net profit rises by 425%

The total consolidated income of Alembic rose by 30.7 per cent at Rs 51 crores in the March quarter of FY24 as against Rs 39 crores in the corresponding quarter of the previous fiscal year. READ MORE

11:16 AM

DLF's FY24 sales down 2% to Rs 14,778 crore due to subdued March qtr

India's largest realty firm DLF's sales bookings declined 2 per cent annually to Rs 14,778 crore during the last fiscal year due to a subdued March quarter, which did not see any major project launch despite strong housing demand. READ MORE

10:57 AM

Hero MotoCorp stock new records; tops Rs 5,000 mark

Hero MotoCorp is the world’s largest 2-W manufacturer by volume, with domestic market share at 30.2 per cent as of FY24. Its suite of popular models includes Splendor, Passion, Glamour, etc. Scooter market share at 6.9 per cent and motorcycle market share was at 43.1 per cent as of FY24.
 

The company’s presence is in EV space through its captive offerings under Vida brand as well as through investments in Ather Energy, Gogoro & Zero Motorcycles. READ MORE