Stocks To Watch- Adani Enterprises, Adani Transmission, DLF, Vedanta, HPCL, Canara Bank
时间:2024-06-28 22:59:12 阅读(143)
Stocks to Watch: The SGX Nifty signaled that domestic benchmark indices NSE Nifty and BSE Sensex might open on a negative note, as Nifty futures traded 67.5 points lower at 18,256.5 on the Singaporean exchange. Nifty and Sensex closed Friday’s session flat. Nifty closed just above the 18,300 mark, up by 0.09% while Sensex reclaimed the 62,000 mark upon close.
“A slew of weak economic data points from the US and China hinting towards a slower pace of economic growth disturbed the mood of the Asian market. The risk of a recession in the US escalated as US jobless claims rose to their highest level since October 2021 while producer prices rose at a modest pace. Consequently, US Treasury yields reacted, indicating a potential halt in central bank rate hikes. The domestic market recovered in the second half as investors back home awaited the release of Indian inflation data that is expected to cool down below 5%,” said Vinod Nair, Head of Research, Geojit Financial Services.
Avenue SupermartsAvenue Supermarts, which owns and operates the retail chain DMart, reported an increase of 7.81% in its consolidated net profit at Rs 460.10 crore for Q4FY23.
HPCLHindustan Petroleum Corporation reported a 79% jump in net profit at Rs 3,608.32 crore on a consolidated basis. The company had reported a profit of Rs 2,018.45 crore in the same quarter last fiscal.
Canara BankThe Reserve Bank of India (RBI) imposed a monetary penalty of Rs 2.92 crore on Canara Bank for violation of various norms. The central bank conducted scrutiny of Canara Bank in July 2020 and it revealed that the bank had failed to link interest on floating rate retail loans and loans MSMEs to an external benchmark.
VedantaVedanta reported a 57% drop in March quarter net profit on weakness in aluminum business and write-offs.Consolidated net profit clocked in at Rs 3,132 crore in Q4FY23 compared to Rs 7,261 crore net earning in Q4FY22.
DLFDLF posted fiscal fourth quarter profit at Rs 569.60 crore, up 40.5% from Rs 405.54 crore in the corresponding quarter last year.
猜你喜欢
- Nifty to rise above 17,000 or extend losses- Check 8 key things to know before share market opening bell
- Nifty to gradually head towards 19700, Bank Nifty may consolidate; RIL, Tata Motors among preferred stocks
- Nifty, Sensex tomorrow- BoJ shift hits stocks; indices end down, to be range-bound until further cues emerge
- Sustainable EV charging infrastructure- Powering the future of mobility
- Tata Motors, Tech Mahindra, Yes Bank, GMR Airports, L&T, Sun Pharma, Dilip Buildcon, IT stocks in focus
- Sula Vineyards IPO to open on Dec 12; sets price band at Rs 340-357 per share
- Strong Q2 drives SBI, BoB stocks to new highs
- Tamilnad Mercantile Bank Rs 860-crore IPO opens for subscription today, GMP falls; should you apply-
- Nifty, Sensex erase intraday gains to end in red amid high volatility; ‘use dips to buy quality stocks’