All sectors, meanwhile, nosedived in the sea of red, with Nifty Metal, Nifty PSU Bank, and Nifty Oil & Gas as some of the worst performers
Posts in category Business Standard
Q1 Preview: Airtel ARPU may near Rs 200-mark; Voda to see muted subs churn (02-08-2023)
Bharti Airtel Q1 preview: On average, analysts expect Bharti Airtel’s consolidated net profit to rise around 60 per cent year-on-year (YoY) to Rs 2,676 crore in Q1FY24
Sanghi Ind freezes at 5% upper circuit as Ambuja eyes buying majority stake (02-08-2023)
The acquisition would further strengthen the presence of Ambuja-ACC in the Western market (whose current share is 20 per cent), according to ICICI Securities
Escorts Kubota hits new high, gains 4% on strong Q1 results (02-08-2023)
With further advancement of monsoon across the country, adequate reservoir levels, better liquidity, and consumer credit availability, the management expects the demand momentum to improve.
Redington sinks 6% amid weak June quarter results (02-08-2023)
Redington reported a 21.2 per cent year-on-year decline in consolidated net profit at Rs 248.8 crore in Q1FY24. Ebitda margin fell 100bps YoY to 2 per cent
GE Power gets LoI for contact worth of Rs 444 crore; stock surges 13% (02-08-2023)
Thus far in the financial year 2023-24, the stock has outperformed the market by zooming 82 per cent as against 12 per cent rise in the S&P BSE Sensex
Ambuja Cements Q1FY24 profit up 31% YoY to Rs 1,135 crore, margins expand (02-08-2023)
Ambuja Cements Q1FY24 results: Shares of Ambuja Cement slipped 2 per cent in the intra-day trade to Rs 452 apiece
Campus Activewear tumbles 7%, dips below IPO price amid huge block deals (02-08-2023)
The stock crashed below its issue price of Rs 292 per share, as it hit a record low of Rs 282.45 on Wednesday.
Bikaji Foods hits 52-week high, jumps 5% as Q1 net soars 164% (02-08-2023)
The company posted a 164 per cent YoY surge in Q1FY24 net profit at Rs 41.40 crore, backed by a 15 per cent growth in revenue.
Stocks to Watch on Aug 2: HeroMoto, Campus Activewear, Adani Wilmar, Titan (02-08-2023)
Stocks to Watch today, August 2, 2023: According to reports, Campus Activewear is expected to see a block deal for eight million shares at a price of Rs 295-300 apiece.