Stock Market Today: Sensex, Nifty End At Over Three-Month High Led By Maruti, ONGC, Axis Bank
Revenue up 10.15% at Rs 1,114.78 crore vs Rs 1,012.02 crore
EBITDA up 48.83% at Rs 195.17 crore vs Rs 131.14 crore
EBITDA margin at 17.51% vs 12.96%
Net profit up 20.74% at Rs 97.91 crore vs Rs 81.09 crore
Adani Total Gas announces dividend of Rs 0.25 per share for FY23, subject to shareholders' approval.
The date of AGM for the year ended March 31, 2023, and the payment date for the dividend will be announced in due course.
Source: Exchange filing
Source: Exchange filing
Why RBL Bank Shares Are Down Despite Near 37% Jump In Q4 Profit
Production grew 7.7% to 57.6 MT from 53.5 MT last year.
Coal supplies increased 8.6% to 62.3 MT in April, compared to 57.4 MT last year.
Coal inventory rose 13% year-on-year to 64.6 MT.
Company noted 31% year-on-year growth in over burden removal.
Source: Exchange filing
The broader market indices were trading higher and outperformed the larger peers; S&P BSE MidCap Index was up by 0.84%, whereas S&P BSE SmallCap Index was higher by 0.88%.
Out of the nineteen sectors compiled by BSE, 18 advanced, while only S&P BSE Telecommunication declined in trade.
The market breadth was skewed in the favour of the buyers. About 2,158 stocks rose 1,291 declined, and 181 remained unchanged on the BSE.
NBCC India has secured a domestic project Rs 749.28 crore to redevelop and modernise Government of India Presses at Delhi, Nashik, and Kolkata.
Timeline for project completion is yet to be decided by the Ministry of Housing and Urban Affairs and the company.
Source: Exchange filing
Passenger vehicle sales rose 54% to 34,698 units.
Sales of three wheelers grew 85% to 5,552 units.
Tractor sales fell 11% to 36,405 units.
Source: Exchange filing
The broader market indices opened higher and outperformed the larger peers; S&P BSE MidCap Index was up by 0.67%, whereas S&P BSE SmallCap Index was higher by 0.71%.
Out of the nineteen sectors compiled by BSE 18 advanced, while only S&P BSE Auto declined in trade.
The market breadth was skewed in the favour of the buyers. About 1,910 stocks rose 757 declined, and 167 remained unchanged on the BSE.
Source: BSE
At pre-open, the S&P BSE Sensex Index was up 189 points or 0.31% at 61,301.61 while the NSE Nifty 50 Index was higher by 60 points or 0.33% at 18,124.80.
Source: Bloomberg
The yield on the 10-year bond rose 2 bps to open at 7.14% on Tuesday.
It closed at 7.12% on Friday.
Source: Bloomberg
The local currency strengthened about 8 paise to open at 81.75 against the greenback on Tuesday.
It closed at 81.83 on Friday.
Source: Bloomberg
Ministry of Finance has cut the windfall tax on crude production to Rs 4,100 per tonne.
It raised the windfall gain tax on crude output from nil to Rs 6,400 per tonne on April 19, 2023.
Source: Gazette notification
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