News Overview

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Of Rs.1.20 per share

Jindal Steel & Power Ltd has lost 13.7% over last one month compared to 15.74% fall in S&P BSE Metal index and 4.39% drop in the SENSEX

Nifty Pharma outperformed by 1.2%, while Nifty Bank and Nifty Financial Services surged by 0.7% and 0.9% respectively.

The realty major reported 15.7% fall in consolidated net profit to Rs 405.33 crore on a 9.7% decline in net sales to Rs 1,547.26 crore in Q4 FY22 over Q4 FY21.

Bharti Airtel Ltd has lost 0.79% over last one month compared to 9.36% fall in S&P BSE Telecom index and 4.4% drop in the SENSEX

Benchmark indices are trading higher in early trade on buying demand in index pivotals. The Nifty is currently trading above the 16,350 level. Shares of Bharti Airtel gained in reaction to strong Q4 result. At 9:23 IST, the barometer index, the S&P BSE Sensex, rose 362.51 points or 0.67 % at 54,680.98. The Nifty 50 index was up 103.55 points or 0.64% at 16,362.85. In […]

Retail sales in the U.S. increased by more than expected in the month of April, according to a report released by the Commerce Department. Retail sales climbed by 0.9 percent in April after jumping by an upwardly revised 1.4 percent in March. Excluding a rebound in sales by motor vehicle and parts dealers, retail sales rose by 0.6 percent in April after surging by 2.1 […]

Indian Oil Corporation (IOCL) slipped 2.61% to Rs 121.15 after the company reported 31.4% fall in standalone net profit to Rs 6021.88 crore despite a 43.2% increase in net sales to Rs 1,77,287.31 crore in Q4 FY22 over Q4 FY21.

Zydus Lifesciences rose 1.13% to Rs 353 after the company said its board will consider a share buyback on 20 May 2022.