Stock Market Today: Nifty, Sensex Rebound As Bulls Fight Back; FMCG, Consumption Sectors Rally

The NSE Nifty 50 and BSE Sensex declined 0.67% and 0.74% down, respectively in the week ended on May 23.

• Nifty and Sensex end 1% higher for the day,

• Eternal and HDFC Life Insurance are the top gainers in Nifty.

• Nifty Midcap 150 end 0.5% higher for the day, Led by BSE and Max Financial Services.

• Nifty smallcap 250 jumps 0.5% for the day, led by Honasa Consumer and IFCI.

• Nifty FMCG emerged as top sectoral gainer for the day, Led by Varun Beverages and ITC.

• All sectoral Indices ended Higher except Nifty Pharma.

• Nifty Media ended higher for the third day in a row.

• Nifty Pharma falls for the second day in a row.

Ashok Leyland Q4 Highlights (Standalone, YoY)

• Revenue up 5.7% to Rs 11,906.71 crore versus Rs 11,266.69 crore.

• Net Profit up 38% to Rs 1,245.87 crore versus Rs 900.41 crore.

• Ebitda up 12% to Rs 1,790.96 crore versus Rs 1,592.11 crore.

• Margin at 15.0% versus 14.1%.

• Approves issue of bonus shares in the ratio of 1:1.

Apollo Micro Systems Q4 Highlights (Consolidated, YoY)

• Net Profit rises 8.2% to Rs 14 crore versus Rs 13 crore.

• Revenue rises 19.4% to Rs 162 crore versus Rs 135 crore.

• Ebitda rises 25.2% to Rs 36 crore versus Rs 28.7 crore.

• Margin at 22.2% versus 21.2%.

Ramco lndustries Q4 Highlights (Consolidated, YoY)

• Revenue up 14.7% to Rs 418.66 crore versus Rs 364.91 crore.

• Net Profit down 18% to Rs 35.71 crore versus Rs 43.81 crore.

• Ebitda up 10% to Rs 43.83 crore versus Rs 39.83 crore.

• Margin at 10.5% versus 10.9%.

Track live updates on Q4 earnings here.