Sunteck Realty jumped 7.71% to Rs 596.80 after the company said that it has recorded 32.66% increase in pre-sales to Rs 524 crore in Q2 FY25 from Rs 395 crore in Q2 FY24.
HCL Tech shares jump 1% as Q2 profit jumps 10.5% YoY. Brokerage firms raise target prices (15-10-2024)
HCL Technologies shares climb 1.3% after reporting a 10.5% increase in Q2 net profit to Rs 4,235 crore, with revenue up by 8.2% to Rs 28,862 crore. Brokerages raise target prices, expecting sustained growth driven by solid deal pipelines and strategic focus on Data & AI, Digital Engineering, and SAP migration.
Share market update: Most active stocks of the day in terms of total traded value (15-10-2024)
The NSE Nifty index was trading 74.55 points down at 25053.4
Lykka Labs shares rally 7% on CDSCO nod for diabetic neuropathy pain drug (15-10-2024)
Lyka Labs shares rose as the company announced that it has received the CDSCO approval for manufacturing & marketing of of Pregabalin Gel 8% w/w for use in patients with Diabetic Neuropathic Pain.
Garuda Construction shares list at 10% premium defying IPO GMP trend (15-10-2024)
Ahead of the listing, the grey market premium for Garuda Construction’s IPO turned flat, signaling a subdued debut for the company’s shares
Indian markets open flat amid mixed global cues; IT and telecom stocks in focus (15-10-2024)
Sector-wise, performances were mixed; BPCL, Bharti Airtel, and Infosys led gains, while ONGC and Tata Steel were among the top losers.
Hyundai IPO valuation: How it stacks against rivals Maruti Suzuki, M&M and Tata Motors (15-10-2024)
Hyundai Motor India will launch a Rs 27,870 crore IPO, expected to trade at 26X FY2024 earnings. Brokers have mixed views on its valuation. Some see it as high with limited short-term gains, while others find it fair compared to rivals Maruti Suzuki and Tata Motors. The listing is on October 22.
Indian Oil Corp. rises 2.26% as Sensex slides (15-10-2024)
The stock traded at a P/E multiple of 7.74, while the price-to-book value ratio stood at 1.26.
Healthcare stocks edge higher (15-10-2024)
Healthcare stocks were trading in green, with the BSE Healthcare index increasing 235.3 points or 0.53% at 44864.03 at 09:46 IST.