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GAIL shares fall 0.68% as Nifty drops

Updated at : 2022-08-04 14:50:02

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The stock quoted a 52-week high price of Rs 173.45 and a 52-week low of Rs 125.2.

ICICI Lombard shares drop 1.96% as Sensex falls

Updated at : 2022-08-04 14:50:02

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A total of 10,841 shares changed hands on the counter till 01:34PM (IST)

Hong Kong-based AMTD Digital made its debut in New York on July 15 followed by a colossal rally which took its market cap higher than global giants, including Walmart, Procter and Gamble, JP Morgan and others.The stock zoomed a whopping 32,600 per cent from its issue price of $7.8 to hit a record peak of $2,555 on Tuesday. However, the stock settled at $1,100 on Wednesday, which is still 14,500 per cent above the given issue pric

"While the bank has a relatively high-cost structure, which constrains its ROE, it is also one of the highest growth banks in terms of both advances growth and PPOP (PPOP Cagr of c.40 per cent for FY23-25CL)," it said.

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Analysts have cut FY23 earning estimates by over 20 per cent. They see a near-term hangover in terms of margin and USFDA observations but said further downside is capped as valuations have turned reasonable after the recent correction.

Havells India shares rise 0.39% as Nifty drops

Updated at : 2022-08-04 13:30:01

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The stock quoted a 52-week high price of Rs 1503.7 and a 52-week low of Rs 1037.8.

Adani Wilmar reported a 10 per cent year-on-year (YoY) rise in net profit at Rs 196 crore on a 30 per cent YoY jump in net sales at Rs 14,732 crore. Volume for the quarter rose 15 per cent YoY to 1.19 million tonnes. Ebita margin for the quarter fell to 3.3 per cent from 3.8 per cent YoY.

Redington India rises 9% after strong Q1 performance

Updated at : 2022-08-04 13:30:01

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The distributor of Apple products reported a net profit of Rs 149.85 crore in the quarter ended on June 30, 2022, which is 57 per cent higher than the bottomline of Rs 95.59 crore reported in the same quarter the previous year.

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JM Financial Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 5859.89 Crore) operating in Financial Services sector.

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As of 30-Jun-2022, promoters held 0.0 per cent stake in the company, while FIIs held 37.27 per cent and domestic institutional investors had 32.58 per cent.

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