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​So, I think that premiumisation game continues to be the theme out there. And we are seeing a similar trend within the two-wheelers also where what used to be 100cc or 125cc market is now going to 150cc to 350cc-plus kind of market, so that is the theme that we are seeing across the products, across the categories.

In a volatile session, Nifty regained 24,300. Both Nifty50 and Sensex rose over 1%, with Nifty50 up 1.27% to 24,297.50 and Sensex up 1.11% to 79,468. Key active stocks are listed below.

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Consolidated revenue from operations stood at Rs 3,427.82 crore in the first quarter as against Rs 3,196.06 crore in the year-ago period, the company added.

Godrej Consumer reported a 41% rise in consolidated net profit, reaching Rs 451 crore for the first quarter ending June 2024, compared to Rs 319 crore in the previous year. However, revenue from operations declined by 3% to Rs 3,332 crore. An interim dividend of Rs 5 per share is set to be paid by September 6.

Shree Cements share price down 2.49 per cent

Updated at : 2024-08-07 15:20:01

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A total of 1,266 shares changed hands on the counter till 02:04PM (IST).

​Only about two weeks back, we won a big project in Odisha. And we expect that going forward many more projects we will be bidding very aggressively and take a pole position in transmission business too.

Shares of Tata Power fall as Nifty gains

Updated at : 2024-08-07 15:20:01

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On the technical charts, the 200-day moving average of the stock stood at Rs 377.02.

Considering the upper price band of Rs 415, the stock is expected to list at a marginal premium of 3.62%. The weak GMP is reflective of the overall market sentiments as most analysts earlier anticipated a healthy debut for the company.

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"Whether the reversal in risk asset prices will prove to be a mere bottom-picking before the sell-off continues or investors have taken the time to thoroughly assess the medium-term implications of the US job data is open for debate," said Tamas Varga of oil broker PVM.

Realisations in the poultry segment were higher from sales of day-old chicks and adult broiler birds, which are reared for consumption, the company said in an exchange filing.

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