Air conditioning and commercial refrigeration maker Blue Star Ltd on Thursday saw its consolidated net profit jump to Rs 74.35 crore in the June quarter on higher demand. The company had posted a consolidated net profit of Rs 12.71 crore in the April-June quarter a year ago, Blue Star said in a regulatory filing. Its [...]
The shares of MRF Limited, the costliest in India, reached a new 52-week high on Thursday of Rs 89,499.90. In fact, in the last five days, the stock has gained more than 6%. In the past month, the stock has added 24%. In the month of January this year, the stocks were trading at Rs [...]
Adani Group on Thursday said it will acquire Macquarie Asia Infrastructure Fund's toll road portfolio in Andhra Pradesh and Gujarat for Rs 3,110 crore. The portfolio of 972 lane km has a long concession life with established traffic in strategically located and important traffic corridors in western and southern India, the group said in a [...]
Berger Paints India Ltd on Thursday reported an increase of 80.60 per cent in consolidated net profit to Rs 253.71 crore for the first quarter ended June 30, 2022. The company had posted a net profit of Rs 140.48 crore in the April-June period a year ago, Berger Paints said in a regulatory filing. Its [...]
The shares of Macotech Developers (Lodha) tanked 8% to ₹1010 on the Bombay Stock Exchange on Thursday’s intraday trade. This happened after Ivanhoe, the real estate arm of the Canadian pension fund CDPQ, sold a 1.5 per cent stake via block deals. Macrotech Developers is one of the biggest real estate developers and it takes [...]
The shares of Chennai Petroleum Corporation were trading at Rs 103 a piece in January this year. From there it has spiked up to the current level of Rs 267 thereby giving a multi-bagger return of 158.08% YTD. In the past six months, the stock has given 135% returns to its shareholders. On Thursday the [...]
Equity benchmarks snapped their six-session rally to close marginally lower on Thursday amid profit booking in banking and energy counters. Investors also stayed on the sidelines ahead of the RBI's policy meet outcome on Friday. In choppy trade, the 30-share BSE Sensex ended 51.73 points or 0.09 per cent lower at 58,298.80. During the day, [...]
Balrampur Chini Mills Ltd on Thursday reported 84 per cent fall in consolidated net profit at Rs 12.38 crore for the quarter ended June. Its net profit stood at Rs 76.92 crore in the year-ago period. Total income fell to Rs 1,094.58 crore in the quarter from Rs 1,145.68 crore in the corresponding period of [...]
Adani Total Gas Ltd on Thursday reported a flat net profit for June quarter as higher gas prices ate into increased CNG and piped cooking gas sales volumes. Net profit of Rs 138 crore in April-June was unchanged from the year-ago period, the company said in a statement. The firm, which is a city gas [...]
On Thursday, The Sensex was up 334.22 points or 0.57% and opened at 58,684.75, and the Nifty was up 91.60 points or 0.53% at 17,479.80. Amid the rising markets, here are a few stocks recommended by top brokerages: Godrej Agrovet Ltd Recommended by: Motilal Oswal CMP: Rs 495 Target: Rs 670 Upside: 36% Rating: Buy Dwarikesh Sugar Industries [...]
