Stocks to watch- Adani Ports, Happiest Minds, Pidilite Industries, Punjab National Bank, HFCL
时间:2024-06-26 13:21:58 阅读(143)
The SGX Nifty signaled that domestic benchmark indices NSE Nifty and BSE Sensex might open lower, as Nifty futures traded 40 points lower at 18,310 on the Singaporean exchange. Benchmark indices NSE Nifty and BSE Sensex ended Monday’s session broadly in green. The Nifty 50 jumped 1.12% to 18,271.8 and Sensex surged 709.96points to 61,764.25.
“Indian equities gained confidence from strong domestic earnings and fading concerns over the US economic slowdown following robust job data. The recent weakness in the US dollar is drawing more foreign funds to the domestic market, with FIIs remaining net buyers for seven consecutive days. The US inflation report, due on Wednesday, is expected to remain around the March level of 5.0%,” said Vinod Nair, Head of Research, Geojit Financial Services.
Pidilite IndustriesThe Fevicol maker reported net profit of Rs 283 crore for the March quarter, an 11.3% increase on-year from Rs 254.4 crore. Additionally, the company’s board of directors recommended a final dividend of Rs 11 per share.
Adani Ports and SEZAdani Ports and Special Economic Zone announced the results as of the Early Tender Date with respect to its previously announced offer to purchase for cash up to $130 million in aggregate principal amount of its outstanding 3.375% Senior Notes due 2024.
Punjab National BankThe lender infused capital amounting to Rs 498.75 crore in the rights issue of PNB Housing Finance. Post allotment in the rights issue, the bank’s shareholding in PNBHFL will reduce from 32.52% to 28.15%
HFCLTelecom equipment manufacturer HFCL reported a 23% quarter-on-quarter fall in net profit to Rs 79 crore in the January-March period. The company’s revenue from operations rose 32% QoQ to Rs 1,433 crore.
上一篇:Airstrikes hit camps in central Gaza as Biden administration approves new weapons sales to Israel
猜你喜欢
- Akums launches generic formulation to treat migraine
- US oil jumps $1 on crude draw, tight global supply
- Mankind Pharma IPO opens for subscription, GMP rises; should you subscribe to Rs 4500-crore public issue-
- Another Covid wave soon- New AI model to forecast which coronavirus variant can trigger fresh surge
- Markets Maintain Positive Momentum- Navigating Record Highs; Apollotyre, Bajaj Finserve and BHEL among top stocks to watch
- US Stocks- Futures fall on growing fears of recession
- AMFI should form ethics committee to check individual misconduct- Sebi chief Buch
- AMCs may pass on TER to brokers, distributors
- US stocks snap two-day losing streak on strong corporate earnings; treasuries trim losses