While metals, financial services, commodities and energy companies fell in value, shares in telecommunication, realty, technology, and industrials were in high demand. The S&P BSE Sensex barometer index increased by 99 points or 0.16% to 61,872.62. To reach 18,322 the Nifty 50 index gained 35.75 points, or 0.20%. The Sensex rose 0.85% in just 5 days, while the Nifty gained 0.98%. The S&P BSE Mid-Cap index increased by 2.41% and the S&P BSE Small-Cap index increased by 1.45% in the overall market.
Keep a close eye on these trending stocks on Wednesday, May 26, 2023:
Kolte Patil Developers Ltd: The net revenue for Q4FY23 stood at Rs 797 crore compared to Rs 376 crore in Q4FY22, up 112%. The net profit recorded was Rs 121 crore in Q4FY23 compared to Rs 27 crore in Q4FY23, up by 348%.
Infibem Avenues Ltd: The net revenue for Q4FY23 stood at Rs 653 crore compared to Rs 369 crore in Q4FY22, up 77%. The net profit recorded was Rs 38 crore in Q4FY23 compared to Rs 28 crore in Q4FY23, up by 36%.
Piramal Pharma Ltd: The net revenue for Q4FY23 stood at Rs 2,164 crore compared to Rs 2,131 crore in Q4FY22, up 2%. The net profit recorded was Rs 50 crore in Q4FY23 compared to Rs 204 crore in Q4FY23, down by 76%.
RattanIndia’s Revolt Motors: India’s highest-selling electric motorcycle company is delighted to announce the inauguration of two new dealerships in Mumbai in Andheri and Dombivli, marking a significant expansion of its footprint in the region.
Dhanuka Agritech Ltd: The net revenue for Q4FY23 stood at Rs 371 crore compared to Rs 318 crore in Q4FY22, up 17%. The net profit recorded was Rs 65 crore in Q4FY23 compared to Rs 54 crore in Q4FY23, up by 21%.
