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L&T gains as Q1 PAT rises 12% YoY to Rs 2,786 cr (25-07-2024)
Larsen & Toubro (L&T) added 1.44% to Rs 3570.25 after the EPC major’s consolidated net profit rose 11.74% to Rs 2,785.72 crore on 15.12% increase in revenue from operations to Rs 55,119.82 crore in Q1 FY25 over Q1 FY24.
Is the tide turning for media stocks? Dish TV, PVR Inox can rally up to 26% (25-07-2024)
The Nifty Media index has shed 15 per cent so far in 2024 and is the sole index trading below the 200-DMA on the NSE. Chart suggests better days are likely ahead.
Nomura upgrades Tata Motors to ‘Buy’, sees 26% upside; check new target (25-07-2024)
On the bourses, Tata Motors stocks were buzzing in trade after several brokerages raised the target prices. The stock rallied as much as 3.82 per cent to hit a fresh record high of Rs 1,067 per share.
PG Electroplast surges 16% on strong Q1 results; zooms 194% in 4 months (25-07-2024)
Management sees increased opportunities in the existing and new clients based on the current business environment.
JK Paper drops as Q1 PAT slips 55% YoY to Rs 140 cr (25-07-2024)
JK Paper slipped 8.41% to Rs 516.50 after its consolidated net profit tumbled 54.73% to Rs 139.72 crore in Q1 FY25 as against Rs 308.67 crore posted in same quarter last year.
Axis Bank drops as Q1 asset quality deteriorates (25-07-2024)
Axis Bank tumbled 5.72% to Rs 1,168.85 after the private lender’s gross non-performing assets (NPAs) increased to Rs 16,211.34 crore as on 30 June 2024 compared with Rs 15,127.12 crore as of 31 March 2024.
FMCG shares gain (25-07-2024)
FMCG stocks were trading in the positive zone, with the BSE Fast Moving Consumer Goods index rising 19.38 points or 0.09% at 22512.95 at 09:42 IST.
Capital Goods stocks edge higher (25-07-2024)
Capital Goods stocks were trading in green, with the BSE Capital Goods index increasing 610.52 points or 0.85% at 72169.94 at 09:42 IST.
Industrials shares rise (25-07-2024)
Industrials stocks were trading with gains, with the BSE Industrials index rising 73.88 points or 0.47% at 15672.3 at 09:42 IST.