The decline followed the company's announcement of its Q4 results, which fell short of market expectations. Paytm's loss widened to Rs 549.6 crore in Q4FY24
It has barred 17 entities and individuals from the securities market for five years and two others for three years each for allegedly operating a pump and dump scheme
Stock valuations have increased substantially
European markets closed on a negative note, with Germany's DAX falling 0.22 per cent and the UK's FTSE dropping 0.09 per cent
At 7:09 AM, GIFT Nifty futures indicated a modest uptick of 25 points, trading at 22,626 against Nifty futures
The uptick came after the company posted a strong set of Q4 numbers. Wheels India's net profit soared 79 per cent on a year-on-year (Y-o-Y) basis to Rs 38.3 crore
JSW Steel's consolidated net profit dropped 64.5 per cent to Rs 1,299 crore, from Rs 3,664 crore in the previous year. Sequentially, the profit fell 46 per cent, from Rs 2,415 crore
In past three days, the stock of Kirloksar Group company has surged 32% after it posted a solid 57% YoY jump in its consolidated PAT at Rs 142.7 crore in the March quarter
Mankind's revenue from operations rose to Rs 2,441 crore in Q4 FY24, an 18.9 per cent Y-o-Y rise from Rs 2,052 crore reported in Q4 FY23
The company's consolidated revenue from operations stood at Rs 3,894.6 crore in Q4FY24, as opposed Rs 3,375.4 crore in Q4FY23
Shares of Emmforce Autotech locked in upper circuit of 5 per cent at Rs 195.51 on the BSE on Tuesday at 02:47 pm, nearly doubled against its issue price of Rs 98 per share
Ahead of the earnings, Tech Mahindra's shares were up 0.3 per cent to close at Rs 1,190.10 on the Bombay Stock Exchange.
The board of directors of Bajaj Finance has recommended a dividend on equity shares at the rate of Rs 36 per share of face value of Rs two each for the financial year ended March 31, 2024
BSE-listed companies crossed Rs 400 trillion for the first time on Monday
The Nifty 50 and BSE Sensex rose about 1.6% each last month, as data showing sustained strength in Asia's third-largest economy drove domestic and foreign buying
The S&P BSE Midcap index traded higher for a third straight day, surging 3.5 per cent during the period
All three stocks have come off sharply from their February highs
The company added that making the necessary application to Sebi for withdrawal of the said DRHP immediately and may re-file with Sebi again for a proposed IPO in future
Investors' wealth grew by Rs 3.24 lakh crore on Thursday as the BSE Sensex jumped nearly 1 per cent after a two-day slide. The 30-share BSE Sensex jumped 490.97 points or 0.69 per cent to settle at 71,847.57. During the day, it rallied 598.19 points or 0.83 per cent to 71,954.79. The market capitalisation of BSE-listed companies climbed Rs 3,24,010.1 crore to hit an all-time high of Rs 3,68,32,843.41 crore. "Market bounced back after the last two negative trading days led by strong monthly business updates of leading banks, emphasizing robust credit growth. The realty sector was the highest gainer in anticipation of robust demand in the residential category, which was supported by healthy housing loans disbursement data announced by banks," Vinod Nair, Head of Research at Geojit Financial Services, said. Among the Sensex firms, Bajaj Finance jumped 4.44 per cent and NTPC climbed 3.54 per cent. IndusInd Bank, Axis Bank, Tata Motors, Nestle, Power Grid, Infosys, Bajaj Finserv and HDF
Amic Forgings was trading at Rs 251.35 against its issue price of Rs 126 per share, while Deepak Chemtex was quoting at Rs 159.60, against its issue price of Rs 80 per share.