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The Nifty Bank index closed 1.38 per cent up at 45634.55.

Revenue from operations increased 4% YoY to Rs 14,651 crore in the reporting period as against Rs 14,129 crore in the corresponding quarter of previous year.

Trent, NTPC among 5 stocks with top long unwinding

Updated at : 2024-02-09 20:15:02

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Shares of Megatherm Induction listed with a massive premium of 108% earlier this week. Post the debut, the stock jumped further and is currently trading at Rs 252 apiece, up nearly 133% over the issue price.

Nifty on Friday ended 65 points higher and found support at 20-DMA to form a small body-positive candle with a minor lower shadow on the daily chart to signal buying at lower levels.

Revenue from operations grew 21% YoY in the quarter to Rs 9,724 crore and was higher than an ETnow poll of Rs 9,690 crore. The board has recommended an interim dividend of Rs 75 a share for the current financial year, and a special dividend of Rs 25 a share to mark the centennial year of Chairman Emeritus Brijmohan Lall Munjal.

Zydus Lifesciences on Tuesday reported Rs 789.6 crore net profit in Q3FY24, a year-on-year (YoY) jump of 27% led by growth in India, Europe and emerging market formulation sales.

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.

Bluechip Sensex stocks, SBI, Sun Pharma, and ICICI Bank were the top gainers, rising 2-3.5%. Axis Bank, Bajaj Finance, Nestle, Titan, and Asian Paints also closed with gains, while M&M, Airtel, NTPC, Tata Steel, and JSW Steel closed with cuts.

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