Posts

Showing posts with the label jswsteel

Stocks in news: ZEE, Delhivery, Bandhan Bank, JSW Steel, Concord Biotech

Image
[hfe_template id='11223'] [ad_1] Equity indices closed higher for a second straight day on Friday as buying in index majors helped the indices rebound from early lows. In today's special trading session, shares of ZEE, Delhivery, Bandhan Bank, JSW Steel, Concord Biotech among others will be in focus due to various news developments and quarterly earnings. ZEE ZEE Ltd has reported a net profit of Rs 13.35 crore for the quarter ended March 2024, compared with a loss of Rs 196 crore in the same quarter of last year. Delhivery Logistics player Delhivery has narrowed its losses to Rs 69 crore in the fourth quarter ended March 2024. Bandhan Bank Bandhan Bank's net profit fell 93% to Rs 54 crore for the quarter ended March 2024, down from Rs 808 crore a year ago. JSW Steel JSW Steel on Friday reported 64% drop in its consolidated net profit at Rs 1,299 crore for the quarter ended March 2024. Godrej Industries Godrej Industries reported a net profit of Rs 322 crore for t...

Sensex rises 500 points tracking positive cues from global peers; Nifty above 22,100

Image
[hfe_template id='11223'] [ad_1] Tracking gains in global peers, Indian benchmark equity indices opened higher on Friday, led by auto and energy stocks. The BSE Sensex was trading 515 points higher at 22,092, while the Nifty50 was trading at 22,109, up 151 points, around 10:00 a.m. From the Sensex stocks, NTPC, ITC, Axis Bank, JSW Steel, and Power Grid were the top gainers, rising over 1% each in early trade. On the other hand, Infosys, HCL Tech, TCS, and HDFC Bank opened in the red. Nifty Auto rose 0.9%, led by Hero MotoCorp, Bajaj Auto, and Tata Motors. Nifty FMCG, Financials, Media, Metal, Consumer Durables, and Oil and Gas also opened higher. In the broader market, Nifty Mid and Smallcap100 surged over 0.2%. Bharat Petroleum Corporation (BPCL) gained 5% on despite the company's Q4 earnings missing street expectations on lower refining margins. The rise comes as Citi maintained a 'Buy' call on the stock despite below-estimate earnings.Shares of Tata Motors...