Despite the benchmark indices being under pressure in the initial hours of May 16, the broader market sentiment shows strong positivity, thanks to good corporate results from the midcap and Smallcap space. Meanwhile, one stock that has impressed investors is Astral Limited, which has reported a strong double digit rise in net profitability and increasing …
On May 15, 2023, Uttam Sugar Mills reported a 14.64% rise in its net profit at Rs 70 crore for the fourth quarter that ended March 31, 2023, as compared to Rs 61.06 crore for the same quarter in the previous year. The total income of the company increased by 6.43% at Rs 530.12 crore …
Company Profile: MPS Ltd is a premium B2B learning and platform solutions company that powers the education, research and corporate market in their quest to engage with their learners more meaningfully. It has unlocked a new growth trajectory due to the combined effect of lower attention spans, rapid growth in digital consumption and the …
On May 12, 2023, Tata Motors on a consolidated basis, reported a net profit of Rs 5,404.79 crore, a rise of 591.65% for Q4FY23 as compared to a net loss of Rs 1,099.32 crore for the same quarter in the previous year. The net sale of the company increased by 34.88% to Rs 1,05,016.70 crore …
As wholesale inflation figures in India continued to fall, practically all sectoral indices on the NSE finished in the green. There was a lot of interest in real estate stocks. Intraday, the Nifty 50 index momentarily touched the 18,400 mark. However, profit-taking in the closing hour caused it to close below the 18,400 level. The …
Hikal announced that the company’s pharmaceutical manufacturing facility located at Panoli, Gujarat, was recently inspected by the U.S. Food and Drug Administration (US FDA) in compliance with their requirements. The five-day detailed pre approval inspection of an API during the period May 8th to 12th, 2023 was concluded with ‘Zero 483 observations’ from the US …
On Monday, shares of De Nora India zoomed more than 12% to trade on a new 52-week high level of Rs 1625 apiece on BSE. The scrip witnessed massive spurt in volume by more than 2.05 times. In Q4FY23, the standalone net sales of the company shot up by more than 28.97% from last year’s …
The Indian benchmark indices are trading in a jubilant mood on Monday as Nifty 50 has reclaimed its important psychological mark of 18,400. This is the first time after December 21, 2022, the index has managed to touch a level of 18,400. Meanwhile, Sensex is also trading with gains of 0.72%, near about the important …
Nifty is trading around day’s high after the strong recovery from day’s low. Capital Goods sector outperformed the benchmark index from the last few trading sessions. Today also one stock grabbed investors’ attention by rallying more than 8% from the same sector. The stock is Texmo Pipes & Products Ltd, and the company manufactures PVC …
The benchmark index S&P BSE 500 opened today at 24,641.26 and made its day high at 24,762.29 and it is trading in green with an up move by more than 0.50%. From the same space, these are the top 3 companies that outperformed the benchmark index and were …
