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Upper Circuit Stocks Today – 16 May, 2024

Upper Circuit Stocks Today – 16 May, 2024

16 May 2024

On Thursday, the benchmark indices were trading in the green with the Sensex up around 225 points or 0.31% at 73,207, while the Nifty-50 was up around 57 points or 0.26% at 22,258. About 2,088 shares have advanced; 871 declined and 115 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

TVS Motor Strengthened International Operations: Expand Into Italy

TVS Motor Strengthened International Operations: Expand Into Italy

16 May 2024

TVS Motor Company (TVSM), a global leader in the two- and three-wheeler industry, announced its official entry into the Italian market. This strategic expansion marks a significant step forward for TVSM, solidifying its position as a major player on the world stage. Offering Premium Mobility Solutions to Italian Consumers Italian consumers can now experience the …

IEX announces Q4 results, Net profit up 9.5%

IEX announces Q4 results, Net profit up 9.5%

16 May 2024

Indian Energy Exchange (IEX) reported a robust financial performance for the quarter and financial year ended March 31, 2024. The Board of Directors approved the audited financial results, showcasing the company’s solid growth and strategic advancements. Financial Performance In Q4FY24, the company achieved a consolidated net profit of 966.9 million rupees, an increase from 883.4 …

LIC Housing Finance FY24 – Q4 Results: Net Profit Declines 7.5% to Rs.1091 Crores

LIC Housing Finance FY24 – Q4 Results: Net Profit Declines 7.5% to Rs.1091 Crores

16 May 2024

LIC Housing Finance Ltd. is one of the largest Housing Finance Mortgage loan companies in India having its Registered and Corporate office in Mumbai. LIC Housing Finance Ltd. is a subsidiary company of Life Insurance Corporation of India(LIC). The company has reported its Q4 FY 2023-24 results. Q4 Performance of LIC Housing Finance Ltd The …

Share Market Pre Open Updates – May 16, 2024

Share Market Pre Open Updates – May 16, 2024

16 May 2024

On May 15, 2024, the Nifty 50 fell 0.03% and closed at 22,210, and the Sensex dropped  0.16%, closing at 72,987.  Top Gainers and Losers On the sectoral front, Nifty PSU Bank, Nifty Realty, Nifty Oil and Gas, and Nifty Consumer durables ended in the green. Meanwhile, Nifty FMCG, Nifty Media, Nifty Auto, and Nifty …

Overnight Digest: Top 5 Mid and Small-cap Stocks to Watch out for May 16

Overnight Digest: Top 5 Mid and Small-cap Stocks to Watch out for May 16

15 May 2024

On Wednesday, the market closed with a mixed performance following a session characterized by trading within a limited range. The Sensex experienced a moderate decline of 0.16%, settling at 72,987.03, while the Nifty also saw a slight dip of 0.08%, closing at 22,200.55. In terms of sectoral performance, Nifty PSU Bank, Nifty Energy, and Nifty …

Spotlight on Underdogs: Large-Cap Stocks that Have Underperformed in the Last One Year

Spotlight on Underdogs: Large-Cap Stocks that Have Underperformed in the Last One Year

15 May 2024

The Nifty 50, a key benchmark index representing the 50 largest companies by market capitalization on the National Stock Exchange of India, has delivered a healthy return of 21.31% in the past year. However, not all constituents of the index have kept pace with this growth. Notably, 21 stocks from the Nifty50 Index have underperformed, …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

15 May 2024

During Wednesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Suzlon Energy Ltd Today, Suzlon Energy’s stock hit a high of Rs 42.2 with a traded volume of 42,743,772 shares. Currently trading at Rs 42.2, it marks a 4.98% increase from the previous …

Suzlon – MSCI Rejig Might See Massive Inflows

Suzlon – MSCI Rejig Might See Massive Inflows

15 May 2024

Suzlon Energy is an Indian Multinational wind turbine manufacturer founded in 1995, It is headquartered in Pune. The shares of the wind turbine manufacturer may see a massive inflow as of the latest rejig of MSCI. Suzlon Shares may see inflows of $14 million Suzlon Energy Ltd. was one of the nine stocks that were …

Granules Released Q4 FY2024 Results: EBITDA Increased 12% YoY

Granules Released Q4 FY2024 Results: EBITDA Increased 12% YoY

15 May 2024

Granules India Limited, a leading vertically integrated pharmaceutical company, announced its financial results for the fourth quarter (Q4) and full fiscal year (FY) 2024, ending March 31, 2024. The report paints a mixed picture, with a slight decline in overall revenue balanced by a significant increase in the North American market. Revenue Trends and Market …

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