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Stock market today: Sensex closed with a gain of 128 points, or 0.17 per cent, at 74,611.11 while the Nifty settled at 22,648.20, up 43 points, or 0.19 per cent. Continue Reading »
IndiaMART InterMESH shares surged 10% on strong Q4 results despite target price cuts. Stock hit day's high of ₹2,913, up 21.6% from 52-week low. Company's net profit rose 79% YoY in Q4FY24 to ₹99.6 crore. Continue Reading »
Multibagger stock: In Q4FY24, Lagnam Spintex reported a total revenue of ₹149.82 crore, which is 66 per cent higher than the total revenue of ₹90.41 crore in Q4FY23 Continue Reading »
Brent crude drops by 3% to hit a seven-week low of $83.29 per barrel in previous sessions due to rising US stockpiles, while WTI crude falls below $79. Both ended their winning streak in April with declines. EIA reports unexpected increase in US crude stockpiles and production in February. Continue Reading »
REC stock surges 9.5% to ₹555.45 on strong Q4FY24 results, 33% YoY jump in net profit to ₹4,079 crore. Revenue grows 25% YoY. Scrip up 336% from 52-week low. Company aims to be NPA-free by FY25 with debt-raising plan of ₹1.6 lakh crore. Continue Reading »
Stock Market Today: Multibagger MOIL Ltd share price skyrocketed more than 9% on Thursday to scale 52-week highs, post price hike announcements. MOIL had announced price hikes not only for Manganese Ore but other products too by up to 40% for the month of May, effective 1st May'2024 Continue Reading »
Small-cap stock below ₹50: Gujarat Toolroom share price has been hitting the upper circuit after the company declared the date of announcement of Q4 results 2024 Continue Reading »
BofA upgrades Vodafone Idea to 'neutral', citing potential for tariff hike leverage and enhanced 4G network coverage. Despite positive outlook, BofA refrains from recommending VIL as a buy, awaiting clarity on funding post-FY26. BofA suggests that tariff revisions may occur post-general elections. Continue Reading »