10, May, 2024
# Sign In
  1. Home
  2. Market Highlights

Market Highlights

Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.

May 09, 2024

  • India Daybook – Stocks in News
  • Kirloskar Oil: Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383.8 cr (YoY) (Positive)
  • Tata Power: Net profit up 11.4 % at ₹1,045.6 cr vs ₹949.5 cr (YoY), Revenue up 27.2% at ₹15,846.6 cr vs ₹12,453.8 cr (YoY). (Positive)
  • SKF: Net profit up 42.6% at ₹175.2 cr vs ₹122.9 cr, Revenue up 9.9% at ₹1,203.4 cr vs ₹1,094.7 cr (YoY) (Positive)
  • Godrej Agrovet: Net profit at ₹65.5 cr vs ₹23.5 cr, Revenue up 1.9% at ₹2,134.3 cr vs ₹2,095 cr (YoY) (Positive)
  • HomeFirst: Net profit up 30.5% at ₹83.5 cr vs ₹64 cr, NII up 22.4% at ₹136.8 cr vs ₹111.8 cr (YoY) (Positive)
  • India Shelter: Net profit up 46.9% at ₹78 cr vs ₹53 cr, NII up 57.9% at ₹131.0 cr vs ₹83.0 cr (YoY) (Positive)
  • GSPL: Net profit up 22.2% at ₹663.1 cr vs ₹542.8 cr, Revenue up 5.9% at ₹4,522.2 cr vs ₹4,270.1 cr (YoY) (Positive)
  • Vijaya Diagnostic: Net profit up 21.7% at ₹33.7 cr vs 27.7 cr (YoY), Revenue up 28.3% at ₹155.2 cr vs ₹121 cr (YoY) (Positive)
  • BSE: Cons net profit up 20.7% at ₹106.9 cr vs ₹88.6 cr, revenue at ₹544.8 cr vs ₹259 cr (YoY) (Positive)
  • Kalpataru: Net profit up 20.7% at ₹169 cr vs ₹140 cr, Revenue up 22.3% at ₹5,971 cr vs ₹4,882 cr (YoY) (Positive)
  • NBCC: Company gets work orders worth ₹400 crore in Chhattisgarh & Kerala (Positive)
  • TVS Supply Chain: Company gets business deal for Eicher’s bus facility in Baggad (Positive)
  • HDFC Life: IRDAI has given its approval for the appointment of Keki Mistry as chairman of the board of the company. (Positive)
  • Waaree Energies: Company and Ecofy partner to provide solar rooftop project finance, making sustainability more accessible. (Positive)
  • Infosys: Company in pact with Yunex Traffic for digital transformation (Positive)
  • Bank Baroda: RBI conveyed to the bank its decision to lift restrictions on BoB World with immediate effect. (Positive)
  • Wipro: Company collaborates with Kognitos Inc to deploy Gen AI-based business automation solutions. (Positive)
  • RVNL: Company gets order worth ₹167.3 cr from South Eastern Railway. (Positive)
  • Sonata Software: Net profit at ₹110.4 cr vs net loss of ₹46.2 cr (QoQ), Revenue down 12.1% at ₹2,191.6 cr vs ₹2,493.4 cr (QoQ). (Neutral)
  • Bajaj Consumer: Net profit down 12.1% at ₹35.6 cr vs ₹40.5 cr (YoY), Revenue down 3.8% at ₹240 cr vs ₹249.4 cr (YoY) (Neutral)
  • TVS Motors: Net profit reported at Rs 485 crore versus poll of Rs 540 crore, EBITDA Margins at 11.3% versus poll of 18.1% (Neutral)
  • Larsen: Net profit reported at Rs 4396 crore versus poll of Rs 4267 crore, EBITDA Margins at 10.8% versus poll of 11.35% (Neutral)
  • HG Infra: Net profit up 11.2% at ₹190 cr vs ₹170.9 cr, Revenue up 11.3% at ₹1,708.2 cr vs ₹1,535.4 cr (YoY) (Neutral)
  • Sula Vineyards: Net profit down 4.2% at ₹13.6 cr vs 14.2 cr, Revenue up 8% at ₹131.7 cr vs ₹120 cr (YoY) (Neutral)
  • PEL: Net profit at ₹137.1 cr vs loss of ₹195.9 cr, Revenue up 16% at ₹2,473.3 cr vs ₹2,131.7 cr (YoY) (Neutral)
  • WPIL: Company to consider sub-division/split of equity shares of company on May 25, 2024 (Neutral)
  • Bajaj Consumer: Company to buy back shares at ₹290/sh; buyback up to ₹166 cr total size (Neutral)
  • Reliance: Company to acquire 100% stake in Reliance Chemicals for Rs 314.5 crore. (Neutral)
  • Nucleus Soft: Company appoints Surya Prakash Kanodia as CFO of the co w.e.f. May 8, 2024 (Neutral)
  • Adani Power: Gautam Adani and Rajesh Adani have revoked their pledged shares of Adani Power. (Neutral)
  • ESAF: Net profit down 57.2% at ₹43.4 cr vs ₹101.4 cr, NII up 18.4% at ₹590.7 cr vs ₹498.9 cr (YoY) (Negative)
  • Nifty closed @ 22,302.50 (0) and Sensex @ 73,466.39 (−45.46) on Wednesday. GIFT Nifty was trading at 22,393 (as of 7.30 a.m.)
  • FIIs net sold equities in cash to the tune of Rs 6,669 cr whereas DIIs net bought Rs 5,929 cr on May 8, 2024
  • Hindalco looks to raise $1.2 bn via IPO of US army Novelis
  • L&T Q4FY24 consolidated PAT increased 10% YoY to Rs. 4,396 cr
  • Piramal Enterprises reported a consolidated net profit of Rs 137 crore for Q4FY24 against a loss of Rs 196 crore Q4FY23
  • Tata Power's FY25 Capex Set At Rs 20,000 Crore For Green Energy Push
  • Hero MotoCorp Ltd reported a 16.1% YoY growth in consolidated net profit for Q4FY24 to ₹935 crore
  • Canara Bank’s Q4FY24 net profit rose 18.3% YoY to ₹3,757 crore on better interest incomes and decline in provisions
  • India Shelter Finance Corporation Q4 Results- Net profit soars 47% YoY to Rs 78 crore
  • The Bombay Stock Exchange Ltd. has reported a 20.6% YoY jump in consolidated net profit to Rs 106.89 crore in Q4FY24
  • Private hospitals cut Ayushman services as payments lapse
  • Bharat Forge Ltd.'s consolidated net profit surged 78% in Q4FY24, following which its shares jumped nearly 15%
  • TVS Motor Company Ltd. reported standalone net profit in Q4FY24 surged 18% YoY to ₹485 crore on improved sales
  • NBCC bags contracts worth Rs 450 crore in Chhattisgarh, Kerala
  • RBI lifts restrictions on Bank of Baroda's 'Bob World' mobile app, allows onboarding customers
  • RBI asks NBFCs to stick to loan cash payout limit of Rs 20,000
  • Godrej Agrovet reported its consolidated net profit jumped to Rs 65.48 crore Q4FY24 from Rs 23.47 crore in Q4FY23
  • Reliance acquires step-down subsidiary for Rs 314 cr
  • Indian ADRs: Wipro (-0.6%), ICICI Bank (-0.6%) and HDFC Bank (-1.3%)
Panchkarma