Market Highlights

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

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May 26, 2023

• LIVESQUAWK INDIA AND REDBOX:
• STOCKS TO WATCH: IGARASHI MOTOR, GIC, PRAJ IND, ESAB INDIA, VOLTAMP TRANS, ROLEX RINGS, ITD CEMENTATION, INDOSTAR CAPITAL, GMM PFAUDLER, TRIVENI ENG, BALMER LAWRIE, ZEE ENT
• Igarashi Motors: Q4 Sl Net Profit 76m Rupees Vs Loss 33m (YoY) Q4 Revenue 1.73b Rupees Vs 1.38b (YoY) Co Recommended A Dividend Of 1 Rupees Per Shares
• General Insurance Corp: Q4 Sl Net Profit 25.64b Rupees Vs 17.95b (YoY); 12b (QoQ) Q4 Premium Earned 76.6b Rupees Vs 86.2b (YoY); 86.5b (QoQ) Q4 Gnpa 2.48% Vs 2.65% (QoQ) Q4 Nnpa 0.02% Vs 0.00% (QoQ) Co Recommend Dividend 7.20 Rupees Per Equity Share
• Praj Industries: Q4 Cons Net Profit 881m Rupees Vs 576m (YoY); 623m (QoQ) Q4 Revenue 10b Rupees Vs 8b (YoY); 9b (QoQ) Co Recommended A Dividend 4.50 Rupees Per Equity Share
• Esab India: Q4 Sl Net Profit 419m Rupees Vs 213m (YoY); 363m (QoQ) Q4 Revenue 3b Rupees Vs 2.65b (YoY); 2.7b (QoQ) Co Recommended Final Dividend Of 20 Rupees Per Equity Share
• Voltamp Transformers: Q4 Sl Net Profit 766m Rupees Vs 519m (YoY); 508m (QoQ) Q4 Revenue 4.40b Rupees Vs 3.9b (YoY); 3.6b (QoQ) Co Recommended Dividend Of 40 Rupees Per Share And One Time Special Dividend Of 20 Per Share
• Rolex Rings: Q4 Sl Net Profit 464m Rupees Vs 390.63m (YoY); 527.90m (QoQ) || Q4 Revenue 2.99b Rupees Vs 2.88b (YoY); 3.07b (QoQ)
• ITD Cementation India: Q4 Cons Net Profit 378m Rupees Vs 164m (YoY); 365m (QoQ) Q4 Revenue 16.31b Rupees Vs 11.74b (YoY); 13.27b (QoQ) Co Recommended Dividend Of 0.75 Rupees Per Share
• Indostar Capital Finance: Q4 Cons Net Profit 760m Rupees Vs Loss 7.54b (YoY); Profit 367m (QoQ) || Q4 Revenue 2.85b Rupees Vs 3.41b (YoY); 2.81b (QoQ)
• GMM Pfaudler: Q4 Cons Net Profit 385m Rupees Vs 160m (YoY); 187m (QoQ) || Q4 Revenue 8.66b Rupees Vs 7b (YoY); 7.9b (QoQ)
• Triveni Engineering & Industries: Q4 Cons Net Profit 1.9b Rupees Vs 1b (YoY); 1.47b (QoQ) Q4 Revenue 18.18b Rupees Vs 12b (YoY); 16.59b (QoQ) Co Recommended A Dividend 3.25 Rupees Per Equity Shares
• Balmer Lawrie: Q4 Cons Net Profit 388.3m Rupees Vs 395m (YoY); 360m (QoQ) Q4 Revenue 6.1b Rupees Vs 5.75b (YoY); 5.14b (QoQ) Co Has Recommended A Dividend Of 7.50 Rupees Per Equity Share
• Zee Entertainment Enterprises: Q4 Cons Net Loss 1.96b Rupees Vs Profit 1.82b (YoY); Profit 243m (QoQ) Q4 Revenue 21b Rupees Vs 23.61b (YoY); 21.11b (QoQ) Co Has An Exceptional Item Loss Of 900m Rupees
• Earnings Calendar: Astra Microwave, BEML, Bharat Bijlee, BHEL, Birla Precision, BL Kashyap, Bombay Burmah, Capacite Infra, City Union Bank, Easy Trip, Edelweiss, Finolex Cables, GE Power, Hind Composites, Hind Rectifiers, Hinduja Global, HUDCO, Imagicaaworld, Indigo Paints, Info Edge, Ion Exchange, Karnataka Bank, KDDL, Lokesh Machines, M&M, Mcnally Bharat, MOIL, Motherson, Munjal Showa, Mysore Petro, NCC, NCL Ind, Nucleus Soft, Omaxe, ONGC, Orissa Minerals, PNC Infra, Prataap Snacks, Precision Camsh, Repco Home, Savita Oil, Sun Pharma, Sunteck Realty, Tide Water, VIP Clothing, Wockhardt
• Asia-Pac stocks begin with a mild positive bias after a similar performance on Wall St owing to a surge in tech and progress in debt ceiling talks; ASX 200 (-0.1%), Nikkei 225 (+0.4%), KOSPI (+0.2%)
• [5/26, 8:22 AM] Bhavesh Mehta: *WHAT HAPPENED OVERNIGHT*
• - US debt ceiling optimism sent equities higher
• - SPX +0.88%, Nasdaq +1.71%
• - Biden reassured that 'staff is making progress'
• - 10y yield +8 bps to 3.82%
• - DXY Index rallied to 104.30
• - Oil -2.7% to $76.26/bbl
• - US core PCE data, later tonight
• [5/26, 8:22 AM] Bhavesh Mehta: *SGX Nifty -20 pts (18410) from last trade 18430 ,*
• Nikkei +199 pts ,
• Hangseng clsd ,
• Now @6.54am .
• Dow -35.27 pts ,Nsdq +213.93 pts, S&P +36.04 pts , Bovespa +1254 pts , Ftse -56 pts , Dax -48 pts , Cac -24 pts , Crude @ $71.78 brl (-0.05), Brent @ $76.08 brl (-0.18) , Gold @ 1941.60 (-2.10), Silver @ $22.83 (-0.08), Euro @ $1.0721, JPY @ $140.03, INR @ 82.735
• *Today's Corporate Action*
• *26th May Ex Date*
• BIRET 
• Income Distribution RITES  
• PGIL
• Interim Dividend - Rs. - 5.0000
• RADHIKAJWE
• Stock  Split From Rs.10/- to Rs.2/-
• SIMPLXMIL
• Consolidation of Shares 
• SIMPLXPAP
• Consolidation of Shares 
• *Stock under F&O ban on NSE*
• *26-May-23*
• None