Indian benchmark indices were trading higher in afternoon trade on Friday. Sensex was up around 100 points or 0.18% at 62,542, and Nifty was up 39 points or 0.22% at 18,528. Hero MotoCorp, Hindalco, Adani Ports, Titan Company and Dr Reddy's Laboratories are among the major gainers on the Nifty
Share of IT services company Cyient surged 8% today to an intraday high of Rs 1,524 on NSE. The stock has been rising ever since the company fixed the record date for the final dividend. Besides, there has been optimism over the IT firm's business prospects
Dodla Dairy shares rallied more than 8% on Friday to touch an intraday high of Rs 564 on NSE. The stock has been in an uptrend since the company reported net sales at Rs 665.34 crore in Q4FY23 up 23.12% YoY. Its quarterly Net Profit came in at Rs 16.25 crore, down 71% YoY, while EBITDA stood at Rs 31.85 crore, down 47.43% YoY
Share of Zomato jumped more than 8% on Friday to touch an intraday high of Rs 73 on the back of positive news flow over the revision of incentives and discounts at ONDC. The stock is less than 4% shy of its issue price. It has jumped around 12% in the last one month
Paras Defence share price rose more than 7% in the early trade to hit an intraday high of Rs 545 as the company entered into a joint venture agreement with an Israeli company CONTROP Precision Technologies to manufacture, install and provide logistics and after-sale support, etc., in the electro-optic infra-red field. Paras will hold a 30% stake in the venture and the remaining 70% will rest with CONTROP
Shares of Graphite India were among the top gainers in early trade, rising more than 9% to Rs 370 on NSE. The stock has been in an uptrend despite the company’s revenue from operations falling 3% to Rs 815 crore in Q4FY23, and operating profit falling 30% YoY
Shares of Aurum PropTech jumped more than 8% to Rs 134 on NSE. The rise comes amid news that the company will acquire upto 100% in NestAway Technologies. Aurum PropTech has approved the acquisition of up to 100% Share Capital of NestAway Technologies Private Limited for a cash consideration of up to Rs 90 crore
Shares of Force Motors Ltd. gained around 3% to touch an intraday high of Rs 1,905 on NSE today. The stock rallied for a tenth consecutive trading session on Friday as the buying momentum continued after the company’s turnaround March 2023 quarter. The stock has gained 40% during these ten trading sessions
Hero MotoCorp share price rose nearly 4% in early trade on Friday after the company reported strong sales in the month of May 2023. The stock price rose to an intraday high of Rs 2,912.65 apiece on NSE. The shares of the largest two-wheeler manufacturer in the world, are less than 3% away from its 52-week high of Rs 2,939.35 apiece
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