Posts in category All News
Dixon Tech and valuation gravity: Can it defy the pull? (22-07-2024)
Stocks of electronics manufacturing services companies have been major outperformers, with four of the top eight listed majors by market capitalisation doubling their value over the past 12 months. The biggest gainer in this space has been the market leader, Dixon Technologies (India), which is up nearly threefold.
Bond yields moves towards key level before govt presents its annual Budget (22-07-2024)
The benchmark 10-year yield was at 6.9748 per cent as of 10:10 a.m. on Monday, close to the key technical level of 6.98 per cent
This Anil Goel-owned share zoomed 20% on solid Q1 results, 1:10 stock split (22-07-2024)
Sportking India hit a 52-week high of Rs 1,197.95, surged 20% after reported a solid earning with 75.1% YoY growth in PAT at Rs 31.8 crore in Q1FY25, on back of healthy operational performance.
Chambal Fertilisers, BHEL among 5 stocks with long buildup (22-07-2024)
In the F&O segment, a long buildup is observed when there is a simultaneous increase in open interest, trading volumes, and the price of the underlying stock, signaling a bullish trend in the market.
JK Cement gains as Q1 PAT climbs 66% YoY to Rs 185 cr (22-07-2024)
JK Cement rallied 3.91% to Rs 4,438.45 after the cement maker's consolidated net profit surged 65.57% to Rs 185.31 crore in Q1 FY25 as compared to Rs 111.92 crore recorded in Q1 FY24.
YES Bank shares climb 5% after Q1 profit grows 47% YoY to Rs 502 crore (22-07-2024)
YES Bank shares surged 5% to Rs 26 on BSE following its report of a standalone net profit of Rs 502.43 crore for Q1 FY2024, marking a 47% increase from Rs 342.52 crore a year ago. Interest earned in the quarter rose 19.8% to Rs 7,719.15 crore from Rs 6,443.22 crore in the same period last year.
Share price of BEL rises as Nifty strengthens (22-07-2024)
A total of 2,400,931 shares changed hands on the counter till 11:36AM (IST).
Overall earning season turning out to be muted: Sandip Sabharwal (22-07-2024)
So, the key will be the resolution of the issues pointed out by RBI and once that happens, that will be sentimentally positive, so that is how it is placed. Overall earning season is turning out to be muted in general.
Kotak Bank shares drop over 3% as Q1 NIMs disappoint. Should you invest? (22-07-2024)
Kotak Mahindra Bank saw its shares drop 3% due to NIM disappointment at 5.02% for Q1FY25. Despite a robust 81% increase in standalone net profit to Rs 6,250 crore, concerns persist over funding costs and margin pressures. Brokerages advise caution as RBI restrictions continue to impact growth and profitability.