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Aurobindo Pharma Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 32411.19 Crore) operating in Pharmaceuticals sector.

Shares of Rail Vikas Nigam rose to a high of Rs 34 as against Rs 32.40 at the previous close on the BSE.Rail Vikas Nigam reported a 1 per cent fall in consolidated net profit to Rs 378.16 crore in Q4 FY22 from Rs 381.79 crore posted in Q4 FY21.

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Adani Green Energy Ltd., the group’s biggest firm by market value, led the rout, plunging a record 12% in trading volume about nine times the average of the past three months. Adani Total Gas Ltd. Adani Transmission Ltd. and Adani Power Ltd. fell by at least 5% each. Most of these stocks extended losses in early Mumbai trading on Wednesday.

BSE midcap and smallcap indices are down by 9 per cent and 12 per cent, respectively, in the year 2022 so far. On the contrary, the BSE Sensex has dropped little less than 6 per cent during the period. Despite this underperformance, some of the stocks from the midcap and smallcap segment have turned the tide to deliver handsome returns to the investors.

Biden "believes strongly and is supportive of the independence of the Fed to take the steps that are necessary" to reduce inflation, Yellen said, adding that unemployment was also nearly as low as it has ever been since World War Two.

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A total of 363,834 shares changed hands on the counter till 11:31AM (IST)

Buy Stove Kraft, target price Rs 850: JM Financial

Updated at : 2022-06-01 12:55:03

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Stove Kraft Ltd., incorporated in the year 1999, is a Small Cap company (having a market cap of Rs 1788.58 Crore) operating in Consumer Durables sector.

Thanks to a 6 per cent intra-day rise in the counter, the market capitalization of Zomato swelled over Rs 62,000 crore during the day.Despite this linear rise, Zomato is still trading 53 per cent below its all-time high of Rs 169.10, scaled in mid-November 2021.

Some of the stocks had delivered solid returns and, despite the steep falls, are still sitting on strong one-year returns, data compiled by Trendlyne suggests. Data showed Samtex Fashions sank 64 per cent from its 52-week high, Dhampur Sugar slumped 55 per cent; DCM Nouvelle plunged 53 per cent over its one-year high.

Barring Cardano, all other major crypto tokens were trading with mild cuts. However, the losses were capped in the majority of names. Among the worst performers, Avalanche dropped 10 per cent, whereas Solana and Shiba Inu fell up to 6 per cent.

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