Latest Stock Market News

Revenue from operations in the reporting period increased 9% year-on-year to Rs 1,855 crore, compared with Rs 1708 crore in the corresponding period of last year.

Among other important results will be those by Aurobindo Pharma, Chemcon Speciality Chemicals, Sai Silks (Kalamandir), Mawana Sugars, MM Forgings and Yatharth Hospital & Trauma Care Services.

The consolidated net profit for the quarter is seen rising 33% YoY to Rs 407.40 crore, according to the average of estimates given by five brokerage firms.

Stress at work can be usually due to work overload, fear of meeting tight timelines, unrealistic expectations, interpersonal conflicts etc. Most of the time, stress is self-created, and one gets stressed majorly due to a lack of planning and too much attachment to the outcome.

According to the shareholding pattern available with the exchanges, Gensol Engineering is majority-owned by promoters at 62.59%, while public shareholders own the remaining 37.41%.

A shortage in demand caused by above-normal temperatures in key consumers like the US and Eurozone, the industrial slowdown in Europe, and record-high production and exports from the US depressed prices across the globe.

In the past three months, the Nifty PSE index surged close to 48%, while the Small-cap 250 and Mid-cap 100 indices rose about 21%. Analysts said the rally in public sector stocks has led to a surge in participation by individual traders, who have mounted bullish bets on them with borrowed money.

On Thursday, BAT said it has been "actively working for some time" to sell a part of its stake in ITC. BAT holds a slightly over 29% stake in the Indian conglomerate spanning tobacco-to-hotels. Earlier indications from BAT suggest its intention to maintain up to a 25% shareholding in ITC to retain strategic influence, including veto rights. A 4% stake sale would be valued around ₹21,000 crore at the current market price.

Oil prices were on track for over 5% gains week-on-week on Friday, amid persistent tensions in the Middle East after Israel rejected a ceasefire offer from Hamas.

As elevated valuations cap the upside in the broader market, smallcap rally was subdued but steady with 52 stocks gaining in double digits during the week. Mid and smallcaps had witnessed strong rallies over the past few months thus making valuations a little stretched.