Latest Stock Market News

PI Industries Ltd. key Products/Revenue Segments include Agri inputs, Export Incentives, Sale of services and Scrap for the year ending 31-Mar-2023

Indian markets poised for consolidation on mixed global cues. Nifty futures closed marginally up at 23,008, India VIX down at 21.38. Options data indicates trading range between 22,500 to 23,500. Experts recommend buys on Canara Bank, DLF, Divi’s Labs, Voltas, Ashok Leyland, Axis Bank, and Biocon.

Sudarshan Chemical Industries Ltd., incorporated in the year 1951, is a Mid Cap company (having a market cap of Rs 5751.40 Crore) operating in Chemicals sector.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.

Alibaba Group Holding Ltd plans to raise $4.5 billion through convertible bonds, with options for additional purchases, to repurchase American Depositary Shares. The bond sale caused a drop in Hong Kong-listed shares, while U.S.-listed shares remained stable.

257 companies, including NTPC, Hindalco, and Novelis, to announce Q4 earnings. Hindalco may see muted revenues but higher profitability. NTPC expected to have a decline in PAT compared to Q4FY23.

Hindalco Industries likely to report muted revenues in Q4FY24 despite higher profitability. Novelis expected to see improved earnings. Investors await management guidance on domestic aluminum demand and hedging position.