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FMCG shares gain

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FMCG stocks were trading in the positive zone, with the S&P BSE FMCG Sector index rising 90.48 points or 0.67% at 13592.72 at 09:48 IST.

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Godrej Agrovet advanced 3.82% to Rs 547 after the company reported 120.6% YoY rise in consolidated net profit to Rs 139.8 crore in Q4 FY22.

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Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) rose 7.11% to Rs 811 after the companys standalone net profit rose 108.24% to Rs 643.26 crore on 59.93% jump in net sales to Rs 2771.71 crore in Q4 March 2022 over Q4 March 2021.

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Craftsman Automation rose 4.26% to Rs 2,244.65 after the auto ancillary company reported 8.8% rise in consolidated net profit to Rs 51.46 crore on a 22% increase in net sales to Rs 656.67 crore in Q4 FY22 over Q4 FY21.

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The current market cap of the company is Rs100.05 crore.

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KEI Industries gained 2.09% to Rs 1,169.50 after the company reported a 34.6% jump in consolidated net profit to Rs 115.98 crore from Rs 86.1 crore posted in Q4 FY21.

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JSW Steel reported crude steel production for the month of April 2022 at 16.67 lakh tonnes compared to 13.71 lakh tonnes in April 2021, recording a growth of 22%. The companys production of flat rolled products rose 25% to 12 lakh tonnes while production of long rolled products rose 5% to 3.54 lakh tonnes in April 2022. The company started receiving power from renewable sources […]

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Business Wire India Delivers Strong Quarterly Revenue and Bookings Reports Highest Ever Q1 Advertising Revenue and Bookings Continued Execution Across Multi-Year Growth Strategy   Zynga Inc. (NASDAQ: ZNGA) today released financial results for the first quarter ended March 31, 2022.   “We started off 2022 with a strong quarterly performance, achieving our highest ever Q1 advertising revenue and bookings led by our hyper-casual portfolio,” said […]

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DLF Ltd has lost 14.76% over last one month compared to 13.64% fall in S&P BSE Realty Index index and 8.21% drop in the SENSEX

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Hindalco Industries Ltd has lost 25.02% over last one month compared to 14.67% fall in S&P BSE Metal index and 8.41% drop in the SENSEX

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