Page 9 - Stocks

Near term upsides for Aurobindo Pharma stock capped on weak US outlook

The company has been making small acquisitions to bridge the growth gap

Lack of valuation comfort may limit gains in Divi's Laboratories stock

Revenue growth prospects, however, remain strong driven by multiple factors

Adani Green Energy net zooms 10-fold to Rs 219 cr in June quarter

Adani Green Energy Ltd has posted nearly 10-fold jump in its consolidated net profit at Rs 219 crore for the June quarter, compared to the year-ago period, mainly on the back of higher revenues.

Chinese stocks jump as Beijing signals more economic support

Consumer shares led gains, with Kweichow Moutai Co. and Wuliangye Yibin Co. adding at least 4.5%. In Hong Kong, the Hang Seng Index gained 1.1%.

Sensex ends flat, Nifty closes at 15,763; Bajaj Finance falls over 2%

Bajaj Finance was the top loser in the Sensex pack, shedding 2.59 per cent, followed by Bajaj Finserv, SBI, Tata Steel, Titan, Asian Paints and Axis Bank

Credit Suisse chairman doubles down with $1 million stock purchase

Credit Suisse Chairman Antonio Horta-Osorio has bought another 1 million Swiss francs ($1.1 million) worth of shares in the group as he tries to restore order to Switzerland's second-biggest bank.

DRL stock falls 10% after missing Q1 estimates, probe by US SEC

The stock fell 10.4 per cent to Rs 4,844.35 (hitting the lower circuit) on Tuesday after reporting lower-than-expected quarterly earnings for Q1FY22

13-year-old's gold gives air to Japan skateboard stocks; Morito gains 12%

Shares in Morito Co, which distributes skateboarding gear, surged 12% Monday after Nishiya's victory in the Olympic women's street skateboarding event

Asian Paints profit up 161% at Rs 574 crore, m-cap hits Rs 3 trillion

Firm becomes India's 12th most valuable company after June qtr results beat expectations

Bajaj Finance: Q1 disappoints, but its outperformer tag likely to stay

The Street will likely monitor the NPA ratios that surged in the June quarter

Zoom buys cloud call centre company Five9 for $14.7 bn in all-stock deal

Zoom will buy the cloud contact centre provider Five9 in an all-stock deal valued at about $14.7 billion.

TCS may surge 15% from here, tech charts suggest. Investors should stay put

At a fundamental level, analysts hold a bullish view on the stock, though they are concerned about the valuation

Sensex closes above 53,000 for the first time ever, adds 193 pts

Nifty 50 index rose 61 points, or 0.4 per cent, to end at a new lifetime high of 15,879.65

We see a sharp rebound in the second half of FY22: JLR on investor call

Assurance comes a day after the company's stocks slumped by more than 10% following profit warnings over scarcity of semiconductors

Death Cross: The chart formation that warns traders about the trouble ahead

A perfect Death Cross is usually followed by a long-term downtrend that might last even for a year

China reforms make private education firms world's biggest stock losers

Oversight effort mirrors a similar government pushback against Chinese technology companies, another group that has suffered stock declines.

One-time provisioning on ICDs drags Eveready to Rs 443 crore loss

The Eveready stock, however, moved up 6.11% to close at Rs 333.35 on BSE

AEL, APSEZ stocks see recovery after 4 days of fall

While Adani Enterprises shares went up by 8.76% to close at Rs 1487.85 a share, APSEZ stock was up by 7.39% to close at Rs 694.60

Recovery hopes and further pricing action to support Pidilite stock

Further rise in raw material prices could impact near term margins

Adani stock rout extends; Rs 1.59 trn market-cap wipe out this week

Adani Power, Adani Total Gas and Adani Transmission hit their 5% lower trading limit for a fourth straight day