Stocks from NBCC to PNC Infratech and Bajel Projects have gained up to 9% on Thursday based on non-earnings-related newsflow. Bajel Projects is among the top gainer among this list. 2 Min Read 1 / 6 Markets are in the thick of earnings season and the stocks under radar are usually of companies either reporting…
KEC International announced its Q4 results late on Saturday. In its quarterly numbers, the Mumbai-based construction company saw a steep dip in its bottom-line numbers. The company’s net profit declined 28% on a year-on-year basis. The profit number slumped to ₹193 crore, compared to ₹268 crore (YoY). The company’s bottom line also shrank. The revenue…
1 / 19 Vodafone Idea | Debt-ridden telecom operator reported a net profit of ₹51,970 crore in the fourth quarter compared with a loss of ₹5,286 crore in the previous quarter, driven by an exceptional gain. The company posted an exceptional gain of ₹51,976 crore in Q4, compared with an exceptional loss of ₹5,290 crore…
Shares of Tata Motors‘ commercial vehicles (CV) business are trading lower on Thursday, May 14, despite reporting a strong set of quarterly earnings. Management commentary and brokerage views remained cautious on the near-term outlook. Brokerage firm Nomura downgraded the Tata Motors CV business to ‘Neutral’ and cut its price target to ₹402 from earlier levels,…
Amid the ongoing stalemate in the Persian Gulf, the price of CNG has increased by ₹1 from today (Sunday, May 17). This is the second price rise in as many days. However, it needs to be noted that prices in Delhi should have gone up by ₹11/scm (Standard Cubic Metre) due to the higher new…
PM Narendra Modi visits the Netherlands May 15 to 17, India and the Netherlands sign multiple MoUs on strategic partnership, minerals, energy, agriculture, health, customs and education 3 Min Read Prime Minister Narendra Modi is on a 5-nation tour after the crucial visit to the UAE. As a part of this tour, PM Modi is…
Shares of Cipla Ltd. surged over 7% on Thursday, May 14, after multiple brokerages turned positive on the stock following its March quarter earnings and improved visibility on its US business pipeline. Brokerage firm JPMorgan upgraded Cipla to ‘Overweight’ and raised its confidence on the company’s medium-term earnings outlook, assigning a price target of ₹1,550….
The Indian rupee slid to an all-time low level against the US dollar on Thursday (May 14), breaching the 95.80 mark for the first time, as elevated crude oil prices and sustained foreign portfolio outflows intensified pressure on the country’s external balances. The rupee weakened 0.1% to 95.85 per dollar in early trade, surpassing its…
Shares of Balaji Amines are trading in a 20% upper circuit on Thursday, May 14, in response to its March quarter results that were reported after market hours on Wednesday. This is the biggest single-day gain for the stock since April 2015, which is the last instance the stock had gained 20%. The stock was…
Shares of NLC India Ltd. gained over 13% on Thursday, May 14, reacting to their fourth quarter earnings. This is the biggest single-day gain for the stock since February 2024. Q4 Highlights The company reported a positive set of earnings across all parameters. Its net profit came in at ₹1,394 crore up from ₹482 crore…
