After opening in the green territory and gaining 0.40 per cent on Wednesday morning, the shares of tyre manufacturing giant MRF dropped 2.85 per cent at Rs 1,17,500 per share on the BSE
Posts in category Business Standard
IT shares buck trend; Wipro, Infy, TechM gain 2%; Coforge hits new high (08-11-2024)
At 12:23 pm; the Nifty IT index was the top gainer among sectoral indices, up 1 per cent, as compared to 0.31 per cent decline in the Nifty 50.
MRF slips after Q2 PAT tumbles 20% YoY; declares interim dividend of Rs 3/share (08-11-2024)
MRF declined 1.75% to Rs 1,18,840.80 after the company’s consolidated net profit declined 19.77% to Rs 470.70 crore despite 10.68% increase in revenue from operations to Rs 6,881.09 crore in Q2 FY25 over Q2 FY24.
NRB Bearings spurts after PAT climb 46% YoY in Q2 (08-11-2024)
NRB Bearings jumped 5.25% to Rs 291.65 after the company’s consolidated net profit increased 45.92% to Rs 35.94 crore on 8.07% rise in net sales to Rs 301.51 crore in Q2 FY25 over Q2 FY24.
Emcure Pharma Q2 PAT rises 38.2% YoY (08-11-2024)
Emcure Pharmaceuticals announces strong Q2FY25 with 20% revenue growth and 38% profit after tax growth.
India Cements slides after Q2 net loss widens to Rs 339 cr (08-11-2024)
India Cements slipped 1.05% to Rs 356.45 after the company reported consolidated net loss of Rs 339.13 crore in Q2 FY25 as against a net loss of Rs 85.54 crore reported in Q2 FY24.
Cummins India gains as Q2 PAT climbs 37% YoY to Rs 451 cr (08-11-2024)
Cummins India added 1.11% to Rs 3,595.45 after the company’s standalone net profit jumped 37.16% to Rs 450.61 crore in Q2 FY25 as against Rs 328.51 crore posted in Q2 FY24.
Broader mkt underperforms; realty shares down for 2nd day (08-11-2024)
At 12:30 IST, the barometer index, the S&P BSE Sensex declined 187.87 points or 0.23% to 79,357.27. The Nifty 50 index lost 78.90 points or 0.33% to 24,120.45.
ONGC, HAL, SJVN: 5 PSU stocks that can rally up to 25% by year-end (08-11-2024)
PSU stocks such as ONGC, HAL, Oil India, SJVN and BEL have retraced up to 50% of its previous rally; tech charts indicate that as long as the recent lows are protected a bounce back seems likely.
ONGC, HAL, SJVN: 5 PSU stocks that can rally up to 25% by year-end (08-11-2024)
PSU stocks such as ONGC, HAL, Oil India, SJVN and BEL have retraced up to 50% of its previous rally; tech charts indicate that as long as the recent lows are protected a bounce back seems likely.