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Alkem Laboratories Ltd rises for third consecutive session (06-08-2024)
Alkem Laboratories Ltd is quoting at Rs 5407.35, up 1.75% on the day as on 12:49 IST on the NSE. The stock is up 30.87% in last one year as compared to a 23.35% spurt in NIFTY and a 40.77% spurt in the Nifty Pharma index.
Patanjali stock hits new high, up 7% on hopes of higher rural demand (06-08-2024)
With a strong presence in the hinterland, Patanjali Foods is positive about rural demand moving northwards in the coming quarter.
Tata Chemicals Q1 PAT drops 70% YoY to Rs 175 cr (06-08-2024)
The chemical maker’s consolidated net profit from continuing operations declined 69.72% to Rs 175 crore in Q1 FY25 as compared to Rs 578 crore posted in Q1 FY24.
HCC’s stock price tanks 5% after reporting a net loss of Rs 2.5 cr in Q1 (06-08-2024)
The stock price of Hindustan Construction Company (HCC) fell up to 4.81 per cent to Rs 46.62 per share on the BSE in Tuesday’s intraday deals
US dollar index attempts minor recovery from 7-month low (06-08-2024)
US dollar is attempting a minor recovery following a sharp downturn during the last couple of sessions amid persistently weakening US economic data giving a dull outlook for the US economy. The US macro data released last week showed that business activity in the manufacturing sector contracted more sharply than expected in July and jobs growth slowed more than anticipated last month. A Federal rate cut of greater magnitude is expected to offset the delayed rate cut that possibly accentuated economic downturn in the American economy. Currently, the dollar index is quoting at 102.75, up 0.28% on the day. This comes on the back of a near 2% decline in the past two days to a near 7-month low.
Donald Trump’s bitcoin stockpile plan stirs debate ahead of US elections (06-08-2024)
A government bitcoin stockpile could shore up bitcoin’s price.
NSE SME Rajputana Industries rallies on listing day (06-08-2024)
Shares of Rajputana Industries were quoting at Rs 75.80 on the NSE, a premium of 99.47% compared with the issue price of Rs 38.
Palm Jewels Ltd leads gainers in ‘B’ group (06-08-2024)
Indraprastha Medical Corporation Ltd, S P Apparels Ltd, Century Enka Ltd and Loyal Textile Mills Ltd are among the other gainers in the BSE’s ‘B’ group today, 06 August 2024.
Schneider Electric’s stock zooms 10% after robust Q1FY25 performance (06-08-2024)
Shares of Schneider Electric Infrastructure soared up to 10 per cent to Rs 824 per share on the BSE in Tuesday’s intraday deals