On Monday, 2348 shares superior, 1706 declined and 144 remained unchanged, with an advance decline ratio 1.4 on the Bombay Inventory Change (BSE), indicating constructive closing of shares in broader markets. The development of the key indices on Monday’s buying and selling is given within the desk under.
On NSE, 245 securities superior and closed at a brand new 52-week excessive whereas 16 securities sank to shut at their new 52-week lows. In sectoral indices, Nifty PSU Financial institution, Nifty Media and Nifty Auto have been among the many largest gainers. Nifty IT and Nifty FMCG have been among the many largest losers.
Filatex Fashions (+11.52%) subsidiary, Filatex Mines and Minerals, has obtained export order from Bloom flora Ventures. The order for provide of two,97,388 metric tonnes white marble order over a interval of seven years is estimated to be $35 million (round Rs293 crore). It’s the first export order for Filatex Mines and Minerals.
Bharti Airtel (-2.18%) elevated its Wi-Fi service to a further 2.5 million new households in Tamil Nadu and to a further 4 million new households in Uttar Pradesh. With Airtel Wi-Fi, a buyer not solely will get high-speed dependable wi-fi web service however an entire host of different advantages together with entry to limitless streaming, 20+ OTT companies and over 350+ TV channels.
SBI Playing cards and Fee Companies (-1.91%) reported 0.19% rise in web revenue at Rs594.45 crore for Q1FY25 as in comparison with Rs593.31 crore for a similar quarter within the earlier 12 months. Complete revenue of the corporate elevated by 10.79% at Rs4,482.59 crore for Q1FY25 as in comparison with Rs4,046.11 crore for the corresponding quarter earlier 12 months.
UltraTech Cement (+1.72%) obtained approval from board of administrators to buy of 32.72% fairness stake of the promoters & their associates in India Cements.
SRM Contractors (+8.23%) received a brand new undertaking for PBMC Venture of NHAI (Nationwide Freeway Authority of India) for mixture quoted worth of Rs 171.24 crore. The Venture is for strengthening and upkeep works/actions on Part from Km 0.00 to Km 123.454 of Jetpur-Somnath Part excluding Junagarh Bypass (103Kms) within the state of Gujarat.
Energy Grid Company of India (-0.54%) obtained an approval for amalgamation/ merger of 17 wholly owned subsidiaries into 2 different wholly owned subsidiaries and the scheme of Amalgamation/ Merger in relation thereto topic to approval of statutory/ regulatory/ Govt. our bodies or establishments as could also be relevant or required, so as to improve operational ease and value effectiveness. Energy Grid Company of India has reported 3.52% rise in its web revenue at Rs3,723.92 crore for the quarter ended June 30, 2024 as in comparison with Rs3,597.16 crore for a similar quarter within the earlier 12 months. Complete revenue of the corporate elevated by 0.20% at Rs11,279.59 crore for Q1FY25 as in comparison with Rs11,257.60 crore for the corresponding quarter earlier 12 months.
NBCC’s (India) (+7.49%) wholly owned subsidiary — HSCC (India) has obtained work order price Rs411.45 crore from Medical Schooling & Ayush Govt. of Maharashtra. This order is for Development of New Authorities Medical School of 100 pupil capability & 430 bedded Hospital at Buldhana. The aforesaid work is within the regular course of enterprise of the HSCC (India).
Dr. Reddy’s Laboratories (-0.56%) reported 0.90% fall in its web revenue at Rs 1392.40 crore for the quarter ended June 30, 2024 as in comparison with Rs1405.00 crore for a similar quarter within the earlier 12 months. Nevertheless, complete revenue of the corporate elevated by 13.72% at Rs7883.30 crore for Q1FY25 as in comparison with Rs6931.90 crore for the corresponding quarter earlier 12 months.
Larsen & Toubro’s (L&T) (+2.58%) Energy Transmission & Distribution (PT&D) enterprise received new orders in India and overseas for establishing substations and transmission traces that are essential components of the huge, interconnected electrical energy community. A strengthened grid quickens clear power transition and ensures dependable, resilient energy provide.
Remedium Lifecare (+1.60%) entered right into a strategic settlement with Angel Companions, UK, efficient July 29, 2024, to accumulate know-how for manufacturing lithium carbonate in India. The corporate has additionally signed an annual Provide Settlement with Alfa Chemical compounds and Solvents, Turkey.
Gensol Engineering (+2.29%) obtained Notification of Award (NoA) for the Engineering, Design, Procurement, Erection, Testing & Commissioning for Rs463 crore Photo voltaic plant at Khavda RE Energy Park, Rann of Kutch, Gujarat.
Earnings:
ASK Automotive (+4.39%): Internet Gross sales was Rs862 crore in Q1FY25 up 31% YoY (Rs657 crore). Internet Revenue was Rs57 crore in Q1FY25 up 63% YoY (Rs35 crore)
Aditya Imaginative and prescient (-5.39%): Internet Gross sales was Rs889 crore in Q1FY25 up 39% YoY (Rs641 crore). Internet Revenue was Rs53 crore in Q1FY25 up 42% YoY (Rs37 crore).
Strides Pharma (+0.84%): Internet Gross sales was Rs1,088 crore in Q1FY25 up 17% YoY (Rs930 crore). Internet Revenue was Rs68.3 crore in Q1FY25 up 818% YoY (Rs-9.36 crore).
Shanthi Gears (-0.70%): Internet Gross sales was Rs139 crore in Q1FY25 up 14% YoY (Rs121 crore). Internet Revenue was Rs22 crore in Q1FY25 up 20% YoY (Rs18 crore).
Krishana Phoschem (+4.07%): Internet Gross sales was Rs281 crore in Q1FY25 up 70% YoY (Rs165 crore). Internet Revenue was Rs16 crore in Q1FY25 up 38% YoY (Rs12 crore).
Privi Speciality Chemical (-0.56%): Internet Gross sales was Rs441 crore in Q1FY25 up 9% YoY (Rs405 crore). Internet Revenue was Rs32.2 crore in Q1FY25 up 548% YoY (Rs5 crore).
The highest gainers and prime losers of the key indices are given within the desk under:
The closing values of the key Asian indices are given within the desk under:
