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Steel stock trades flat even after increasing net profit by 512% QoQ; Check here to know why

Steel stock trades flat even after increasing net profit by 512% QoQ; Check here to know why

The shares of this midcap company traded flat in Monday’s trading session even after announcing strong Q2 FY24 results. The share is trading 15 percent away from its 52-week high. With a market capitalization of Rs. 36,377 crores, Steel Authority of India (SAIL) shares opened Monday’s trading session flat at Rs. 89.30. The share hit [...]
Power stock jumps up to 4% after net profits of the company increases 12% YoY

Power stock jumps up to 4% after net profits of the company increases 12% YoY

Shares of this power stock under the ‘mid-cap’ category increased 4 percent in Friday’s trading session after the company posted financial results for Q2FY24, i.e., for the quarter ended September 2023.  With a market capitalization of Rs 37,440.05 crores, the stocks of Torrent Power Limited started their trading session on Friday at Rs 769.85 and [...]
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