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Upper Circuit Stocks Today – 26 April, 2024

Upper Circuit Stocks Today – 26 April, 2024

26 April 2024

On Friday, the benchmark indices were trading in the red with the Sensex down around 150 points or 0.20% at 74,192, while the Nifty-50 was down around 40 points or 0.17% at 22,533. About 1,762 shares have advanced; 1,302 declined and 105 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

Market Movers: Here are today’s high-volume buzzers!

Market Movers: Here are today’s high-volume buzzers!

26 April 2024

The domestic indices started the trading session with a slight uptick, primarily driven by more than 10% gains registered in the IT major Tech Mahindra. However, the momentum was later dampened by substantial losses observed in the banking and financial services sectors, pulling the indices down. At 10:10 am, the BSE Sensex fell 0.18% reaching …

These 3 Stocks from BSE 500 Jumped Over 5% Today

These 3 Stocks from BSE 500 Jumped Over 5% Today

26 April 2024

The benchmark index S&P BSE 500 opened today at 33,023.06 and touched an intraday high of 33,047.85 and low of 32,997.58, while currently trading at around 33,038.91 up by 0.33%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Tech Mahindra …

IndiGo Expands Fleet with Order for 30 Airbus A350-900 Aircraft

IndiGo Expands Fleet with Order for 30 Airbus A350-900 Aircraft

26 April 2024

On April 25, 2024, Interglobe Aviation Ltd (IndiGo) informed in an exchange filing that the company had entered into the wide-body space with an order for 30 Firm Airbus A350-900 aircraft. IndiGo agreed to order 30 Firm A350-900 aircraft, which will boost IndiGo’s ability to spread its wings further and expand its network. IndiGo can …

Infosys Positioned as a Leader in Application Modernisation: Forrester Report

Infosys Positioned as a Leader in Application Modernisation: Forrester Report

2 May 2024

Infosys Limited, a global leader in next-generation digital services and consulting, announced a significant achievement on May 2nd, 2024. The company secured a prestigious position as a Leader in The Forrester Wave™: Application Modernization and Migration Services, Q1 2024 report. This recognition highlights Infosys’ exceptional capabilities in empowering businesses to leverage modern applications. Infosys’ leadership …

A Comparative Analysis of Stock Splits in FY24

A Comparative Analysis of Stock Splits in FY24

25 April 2024

In FY 2024, approximately 94 stock splits were declared and executed among companies with a market capitalization exceeding Rs.500 crores. Out of these, 44 were completed. The data shows that 30 stocks registered positive returns following the split, whereas 14 experienced declines. A stock split generally makes shares more affordable, thereby altering the risk-reward ratio …

MAS Financial Services Reports PAT of Over ₹250 Crore in FY 2024

MAS Financial Services Reports PAT of Over ₹250 Crore in FY 2024

25 April 2024

On April 24, 2024, MAS Financial Services released its financial results for the financial year 2024. The company reported a robust financial performance, where the consolidated AUM of MAS Financial Services crossed ₹10,700 crore in Q4 2024 and reported Profit After Tax (PAT) of more than ₹250 crore in FY 2024. The company stated that …

ASK Automotive Limited Forms Strategic JV with AISIN Group for Independent Aftermarket Expansion

ASK Automotive Limited Forms Strategic JV with AISIN Group for Independent Aftermarket Expansion

25 April 2024

On April 24, 2024, ASK Automotive Limited informed the stock exchanges that the company had signed a strategic joint venture with a Japanese OE Auto Components Supplier, AISIN Group Companies. Details of the Partnership  ASK Automotive Limited, the largest manufacturer of brake shoes and advanced brake systems for two-wheelers in India, announced a landmark joint …

Axis Bank Shares Zoomed Over 4% After Releasing FY2024 Results

Axis Bank Shares Zoomed Over 4% After Releasing FY2024 Results

25 April 2024

Axis Bank Limited, one of the leading commercial banks in India, recently released its financial and operational results for the quarter and year ended March 31, 2024. Quarterly Performance During Q4 FY2024, the bank recorded a 15% YoY growth in operating profit to ₹10,536 crore. In addition, net profit stood at ₹7,130 crore, compared to …

Market Movers: Here are today’s high-volume buzzers!

Market Movers: Here are today’s high-volume buzzers!

25 April 2024

At 11:00 am, the BSE Sensex plunged 0.10%, reaching a level of 73,810. The Nifty 50 index is down 0.14% to the 22,370 level. On the Sensex, Axis Bank, State Bank of India and HCL Technologies were among the top gainers, whereas Kotak Mahindra Bank, Hindustan Unilever and Bajaj Finance were among the market draggers. …

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