Stock Market LIVE: Nifty, Sensex Extend Gains To Third Session; Kirloskar Oil Jumps 14%
The Nifty 50 and Sensex were 0.57% and 0.38% higher, respectively as of 10:32 a.m. Track live updates on share price movements, stock market news, and analysts' view here with NDTV Profit.
Stock Market LIVE: Bajaj Finserv Rebounds From Two-Month Low
Bajaj Finserv Ltd. recovered from the two-month low it touched in the previous session. Despite reporting decent numbers for July–September, the stock declined in Tuesday's session as its sister company's share price plunged after guiding low asset under management growth and high credit cost.
Bajaj Finserv share price recovered from previous session's low of Rs 1,952 apiece. The share price rose 1.74% to Rs 2,024 apiece so far in Wednesday's session.
Stock Market LIVE: Transformer & Rectifier Snaps Eight-Day Losing Streal
Transformers And Rectifiers India Ltd. share price snapped an eight-day losing streak as the company guidaed for 25% top line growth with a margin of 16%.
The company has reported dismal numbers for July–September quarter. Shortage of key raw materials caused a delay in execution, the management said in concall.
Stock Market LIVE: Kirloskar Oil Engines Share Price Jumps To Highest Level Since December, 2024
Kirloskar Oil Engines Ltd. share price jumped 14.02% to Rs 1,070 apiece, the highest levels since Dec 19, 2024.
Kirloskar Oil Engine Q2 Earnings Key Highlights (Consolidated, YoY)
Revenue up 30% at Rs 1,948 crore vs Rs 1,499 crore
Ebitda up 28.5% at Rs 382 crore vs Rs 297 crore
Margin at 19.6% vs 19.8%
Net Profit up 27.4% at Rs 162 crore vs Rs 128 crore
Sectoral Performance At Open: Nifty IT Leads Rally
Nifty Contributors: RIL, HDFC Bank, Airtel Shares Support Gains
