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D-Link zooms today by 7% after reporting 29% rise in Q1 consolidated net profit

D-Link zooms today by 7% after reporting 29% rise in Q1 consolidated net profit

1 August 2023

 D-Link (India) today closed at Rs 320.75, up by 7.13%. On July 29, 2023 the company declared its results. Talking about results for the first quarter ended June 30, 2023 or Q1FY24, the company’s net profit increased by 32.74% to Rs 20.72 crore from Rs 15.61 crore in the corresponding quarter last year. In Q1FY24, …

Penny stocks to watch out for tomorrow, August 2, 2023

Penny stocks to watch out for tomorrow, August 2, 2023

1 August 2023

The Sensex and Nifty both concluded the session with a marginal decline of 0.1% each. On the positive side, Nifty Midcap and Nifty Smallcap exhibited gains of 0.03% and 0.68% respectively.  Notably, Nifty IT, Nifty Metal, and Nifty Pharma emerged as the top gainers, whereas Nifty Realty, Nifty PSU Bank, and Nifty FMCG faced losses. …

Maruti Suzuki Q1 Results: Net profit jumps 145% to ₹2,485 crore

Maruti Suzuki Q1 Results: Net profit jumps 145% to ₹2,485 crore

1 August 2023

Maruti Suzuki, the prominent automaker in India, reported its Q1 FY24 earnings after the market closed on the last day of July 2023, that is, July 31.  The company reported a standalone net profit of Rs 2,485 crore in the quarter ended June 2023. This represents a significant jump in net profit of 145% compared …

L&T Construction Secures Multiple Orders for Heavy Civil Infrastructure Business

L&T Construction Secures Multiple Orders for Heavy Civil Infrastructure Business

1 August 2023

In morning trade, Nifty and Sensex showed slight gains, with Nifty trading higher by 0.1% and Sensex by 0.115%, respectively. However, in a minor setback, Sensex declined by 0.08% and Nifty by 0.09%. Today, L&T Construction’s Heavy Civil Infrastructure business vertical has achieved a significant milestone by securing multiple prestigious orders. One of these orders …

Dark horse stock of the day: PNGS Gargi Fashion Jewellery skyrocketed 20% today

Dark horse stock of the day: PNGS Gargi Fashion Jewellery skyrocketed 20% today

1 August 2023

The shares of PNGS Gargi Fashion Jewellery experienced a sharp rise today. The stock opened at Rs 190, almost flat from the previous day’s closing price of Rs 189. During the intraday session, the stock surged by 20% with significant trading volume.  Upon analysing today’s share volumes, it is evident that there has been a …

These star performer stocks of FY21 are trading at a discount; Are they on your watch list?

These star performer stocks of FY21 are trading at a discount; Are they on your watch list?

28 June 2023

The COVID-19 pandemic, which emerged in late 2019 and escalated into a global crisis in 2020, has had an unprecedented impact on the world economy. As nations grappled with the rapid spread of the virus, implemented stringent lockdown measures, and experienced disruptions across sectors, the global financial landscape was profoundly affected.  The Indian economy, one …

Nifty Media Index surpasses Nifty50 with stellar performance this week

Nifty Media Index surpasses Nifty50 with stellar performance this week

7 July 2023

Indian markets are showing significant strength and looking bullish compared to foreign markets. Boarder Indices in NSE and BSE are trading at their all-time highs. Today, on the last trading session of the week the market witnessed some kind of profit booking. Nifty50 Index concluded the day at 19331.80 down by 165.50 points. Furthermore, the …

Linde India Reported 50% Rise in YOY PAT in Q4FY23!

Linde India Reported 50% Rise in YOY PAT in Q4FY23!

24 May 2023

As the season of financial results is on, Linde India Limited has reported results for Q4FY23 and year ended on March 31, 2023.             In comparison to the same quarter last year, the company’s net profit for the fourth quarter which ended on March 31, 2023, increased by 50.42% to Rs 99.25 crore from Rs 65.98 …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 1 August 2023

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 1 August 2023

1 August 2023

On Tuesday, the benchmark indices were trading flat with Sensex down around 28 points or 0.05% at 66,500 and the Nifty-50 down around 16 points or 0.09% at 19,739. About 2,070 shares have advanced, 1,209 declined, and 166 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …

Glenmark Pharmaceuticals Share Price Rise After Getting USFDA’s Final Approval For Saxagliptin Tablets

Glenmark Pharmaceuticals Share Price Rise After Getting USFDA’s Final Approval For Saxagliptin Tablets

1 August 2023

Glenmark Pharmaceuticals has gained final FDA clearance for Saxagliptin Tablets, 2.5 mg and 5 mg, the generic equivalent of AstraZeneca AB’s Onglyza Tablets, 2.5 mg and 5 mg. Glenmark Pharmaceuticals in the USA will market Saxagliptin Tablets, 2.5 mg and 5 mg, in the United States.   According to IQVIATM sales statistics for the 12-month period …

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