Benchmark indices Nifty, Sensex ended deep in red, falling more than 1%. Biggest losers on the Nifty included Infosys, Tech Mahindra, HCL Technologies, HUL and Reliance Industries, while gainers were L&T, ONGC, NTPC, SBI and BPCL. The BSE Midcap and Smallcap indices ended with marginal change. Check stocks that buzzed in trade today.
Shares of Tanla Platforms rallied more than 11% to a 52-week high of Rs 1,256.50 on NSE after the CPaaS provider's profit after tax (PAT) for the Q1 FY24 increased by 35% YoY to Rs 135.40 crore. Its revenue for the April–June quarter rose by 14% YoY to Rs 911.10 crore. While EBITDA for the June quarter stood at Rs 182.20 crore. The scrip closed at Rs 1,267
Shares of IndiaMart InterMesh rallied 9% to hit a 52-week high of Rs 3,189.95 on NSE today after the firm's consolidated net profit jumped 78% YoY to Rs 83 crore for the quarter ended June. Its revenue from operations jumped 26% to Rs 282 crore. The scrip closed at Rs 3,141
Catch the latest business news, share market updates, expert analysis and exclusives only on BTTV.in
Shares of railways engineering consultancy firm RITES Ltd. soared more than 7% to hit a fresh 52-week high of Rs 464.40 on NSE ahead of its board meeting to consider the first quarter financial results and the first interim dividend for the current financial year. The scrip closed at Rs 456
Shares of the construction arm of Indian Railways, Rail Vikas Nigam Ltd. (RVNL), also surged over 6% to hit a high of Rs 139 apiece on NSE amid reports that Railways is considering proposals to launch more non-AC general category trains between major cities to meet the demand of low-income passengers and migrant workers. The scrip closed at Rs 137
Shares of Infosys plummeted 10% to hit an intraday low of Rs 1,305.00 on NSE as the company slashed its FY24 revenue guidance for the current fiscal to 1-3.5% from 4-7%, a cut that was steeper than expected by market participants. The scrip ended the week at Rs 1,337
Shares of Utkarsh Small Finance Bank opened at Rs 40 apiece, a massive 60% premium over the issue price of Rs 25 per share. The surged 20% to hit an intraday high of Rs 48 on NSE as the stock saw buying interest. The scrip ended the session at Rs 48
Shares of Reliance Industries Ltd (RIL) fell over 3% to hit an intraday low of Rs 2,523.60 on NSE as the Mukesh Ambani-led conglomerate is expected to report muted earnings in Q1FY24 despite steady consumer growth as it may be partly offset by a decline in its oil-to-chemical (O2C) business. The scrip ended the session at Rs 2,555
Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Business Today. Investors should consult their financial advisors before taking any position