The Buzzing Stocks page on Moneycontrol will show readers the latest economic, business and corporate news for the day – especially breaking news with market impact. We will also bring you live market updates through the day – your one-stop shop to keep updated with all D-Street developments. Coverage includes ‘Stocks in the News’ where you can check which companies are making the biggest headlines before the opening bell. Stories also include quarterly earnings, profits and loss, results from the day, results expected and company stock movements through the day. Stories also cover deals data, share buys/buybacks, stake increase/decrease, corporate appointments, corporate agreements, new launches, new orders, joint ventures, announcements, investments. We also provide you with data points to help you spot profitable trades, stock build ups and bulk deals; cover analysts and investors meeting; analyse results data and BSE/NSE reports or news. The copies are chock full of expert views, investor speak, interviews, videos and include exclusive PRO copies, explainers, analysis and informative slideshows. Experts state their take on how the said stocks may perform on a given day. Based on their analysis, each article is published every day before the market opens to guide investors and traders in some way or the other. More
Net profit of the castings and forgings player more than doubled to Rs 352.5 crore from Rs 138.2 crore a year ago.
GAIL Q3 result: Revenue from operations increased 37.2% YoY to Rs 35,380 crore even as purchase of stock in trade (or cost of goods) almost doubled
Tiles sales volumes was down ~1 percent YoY at 25.5 million square metres (MSM), on the back of extended monsoon and festive season
In the past two years, the stock has given 93 percent returns while in the past one year, the scrip has rallied 22 percent
Same store sales growth - a key metric for apparel and retail businesses - fell 8.7 percent in Q3 FY23 over Q3 FY22
The company's board on January 28 recommended an interim dividend of Re 0.60 per share (on face value of Rs 1 each) on the enhanced share capital of the company post Bonus Issue of equity shares in September 2022.
Stocks to Watch: Check out the companies making headlines before the opening bell.
Bajaj Finance Q3: The net profit surge comes on the back of a healthy growth in disbursements that lifted net interest income by 24 percent to Rs 7,435 crore for the December quarter.
Of the total 30 stocks, Dabur India, ITC, Tata Power and Mahindra & Mahindra were the only stocks that ended in green
PSU Bank, oil & gas, power and metal indices were down 4-6 percent. The BSE midcap index shed 1.2 percent and smallcap index declined 1.9 percent
In September, the group pledged entire stakes in Ambuja Cements (63.2%) and in ACC (56.7%), worth about Rs 96,800 crore, with Deutsche Bank’s Hong Kong branch
Foreign brokerage firm Credit Suisse has downgraded the stock to 'neutral' with the target cut to Rs 3,300 from Rs 4,500 a share
Tata Elxsi's net profit for Oct-Dec came in at Rs 194.68 crore, up 28.97 percent from Rs 150.95 crore in December 2021.
Dr Reddy’s Laboratories reported a 77 percent growth in consolidated net profit at Rs 1,247 crore for the quarter ended December 31, 2022 as against Rs 707 crore a year ago. On a sequential basis, the profit grew 12 percent.
Bajaj Auto's revenue from operations during Oct-Dec came in at Rs 9,315 crore, increasing 3 percent from Rs 9,022 crore, yearly.
Macquarie has kept ‘Outperform’ rating on Cipla with a target at Rs 1,235 per share
Tata Motors Q3: Revenue from operations came in at Rs 88,488.59 crore, up 22.51 percent from Rs 72,229.29 crore, YoY.
Adani Enterprises FPO opens today and the company is planning to raise Rs 20,000 crore. The funds will be utilised for several projects including green hydrogen ecosystem and construction of greenfield expressway.
Stocks to Watch: Check out the companies making headlines before the opening bell.
Mazagon Dock Shipbuilders topped the list of gainers with 178 percent returns while Adani Power rose 144 percent; Indian Bank, Varun Beverages, Swan Energy, RHI Magnesita India and Adani Total Gas were among the stocks that doubled.
Among sectors, bank, power, PSU bank and realty down 2-3 percent each. The BSE midcap index fell 1.5 percent and smallcap index shed 0.8 percent.
Total income in October-December 2022 quarter declined to Rs 6,631 crore as against Rs 8,917 crore in the year-ago period, United Spirits said in a regulatory filing
Indus Towers posted consolidated loss of Rs 708.2 crore for quarter ended December FY23, against profit of Rs 1,570.8 crore in corresponding period last fiscal.
CarTrade, which is one of India’s largest online auto platforms, recorded the highest-ever quarterly revenue at Rs 115.86 crore in the third quarter of FY23.
The stock fell 14 percent intraday on January 25, 2023, which is the steepest fall since January 24, 2022 when it saw a 19 percent drop