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The company entered into 10 Memorandum of Understandings (MoUs) with several foreign and Indian companies during Aero India - 2023

Nestle India Q4 preview: In the October-December quarter, shares of Nestle rose 2.4 per cent, while peers like Hindustan Unilever dropped 5 per cent, and Britannia gained 12 per cent

While the deposit growth came in healthy at 3 per cent QoQ (up 14.3 per cent YoY to Rs 3.25 trillion), the CASA mix declined 40bp QoQ to 42 per cent

Post listing, the stock moved higher to Rs 110, 17 per cent higher over its issue price of Rs 94 per share on the NSE

Shares of Narmada Gelatines froze upper circuit for sixth straight day and zoomed 76 per cent during the period. Moreover, the stock skyrocketed 120 per cent in the past 10 days

With this recent gain, the stock quoted 41 per cent higher against its issue price of Rs 87 per share

The company's revenue, too, increased 62.2 per cent year-on-year (YoY) to Rs 1,661 crore in Q2FY23 as against Rs 1,024 crore in Q2FY22

The company reported a record EBITDA margin of 23.6 per cent, led by shift in business mix towards higher margin products as well as various cost optimization initiatives.

The personal products maker said that the decline in profit was mainly due to losses in translation of foreign currency receivables and higher effective tax rate (ETR)

CLOSING BELL: IT, Power stocks logged significant losses, even as select financial stocks gained.

The stock of state-owned lender surpassed its previous high of Rs 586.1, which it had touched on October 25, 2022

Shares of Axiscades Technologies continued their northward movement as they froze 10 per cent upper circuit at Rs 282.95 per share in Wednesday's intra-day trade

The Indian cosmetic-to-fashion retailer's total income, meanwhile, climbed 38 per cent YoY to Rs 1,237.3 crore in Q2FY23 from Rs 890.4 crore in Q2FY22

The stock of automobiles major traded close to its record high level of Rs 10,000, which it had touched on December 20, 2017

Analysts believe that prices and demand will remain stable in the near term while increase in energy prices and feedstock (limestone, coke and raw salt) remains a key concern.

The management said that the transaction is expected to be Cash EPS neutral in the first year and accretive thereafter.

NMDC shareholders will be eligible to get one share of NMDC Steel for every equity share held.

Despite mixed Q2FY23 performance, brokerages retain their 'buy' rating on Laurus Labs with a target price in the range of Rs 610 and Rs 630 per share.

On Tuesday, shares of Tips Films were locked in 10 per cent upper circuit at Rs 630 and has zoomed 108 per cent from level of Rs 303.2, which it had touched on October 13.

With Friday's decline, the stock price of Delhivery has corrected 46 per cent from its record high level of Rs 708.45, which it had touched on July 21, 2022