Page 2 - Markets

IndiGo soars 10% as CEO eyes 'profitability' after Rs 1,681 cr loss in Q4

Going forward, analysts are cautiously optimistic on the prospects of the airline as it manages demand revival amid increased competition

Sequent Scientific tanks 17% on weak Q4; stock down 70% from 52-wk high

The company said the macro environment continues to be challenging due to volatility in costs and disruptions across supply chains.

Here is why CLSA expects Tata Motors' stock to outperform going ahead

Tata Motors: CLSA expects a sharp uptick in volume in FY24 driven by a strong order backlog

Torrent Pharma rallies 9% on 1:1 bonus issue plan, dividend of Rs 23/share

In Q4, the company posted net loss of Rs 118 crore against profit of Rs 324 crore in the year ago quarter

Sugar stocks' outlook turns sour as export ban fuels panic selling

While strong lobbying to reverse curbs is expected, share prices are seen hitting new 52-week lows before the new season rolls in

Strong volume growth trajectory, domestic biz outlook to support Concor

Concor's Aggressive capex rollout unlikely, given past record and divestment uncertainty

Sequoia asks founder ecosystem to tighten belt, focus on profitability

Cash burn and growth at all cost no longer being rewarded as capital turns expensive

Sugar stocks extend fall, slip up to 9% as government restricts exports

Brokerage ICICI Securities believes this would not have any impact on sugar companies' fundamentals.

IT, Metals drag Sensex 236 pts down; Delhivery rises 10%, Zomato 15%

CLOSING BELL: On the NSE, the Nifty50 shut shop at 16,138, down 77 points or 0.47 per cent

Manappuram Finance hits lowest level since March 2020; slips 25% in 1 month

Despite the management's optimism on demand outlook, there are challenges considering the signs of rural slowdown as evident from recent corporate results in many sectors

Distressing times await metals and OMCs

The govt has levied duties on steel exports to curb inflation. But it came as a setback for the metal and oil marketing companies. Find out the impact of this policy decisions and the sector outlook

Markets pare early gains to end flat in a session of volatile trade

Sensex slips 38 pts as metal stocks crack

Sensex falls 642pts from day's high, ends 38pts down; Tata Steel bleeds 12%

CLOSING BELL: The sharp knock in metal stocks came after he government levied export duty on 11 iron and steel intermediates and key steel products.

Indian Hotels unveils 'Ahvaan 2025' for profitable growth; stock gains 4%

The company aims to build a portfolio of 300 hotels, clock 33 per cent EBITDA margin with 35 per cent EBITDA share contribution from new businesses and management fees by FY 2025-26.

Amara Raja Batteries slips 6% on disappointing Q4 operational performance

In Q4, Ebitda declined by 31 per cent year on year to Rs 220 crore due to lower-than-expected revenue and delay in passing on commodity inflation

Tata Steel, SAIL: Should you Buy or Sell them? Here's what charts suggest

Charts of steel stocks signal further downside, indicating a fall up to 20 per cent in select shares; cement counters indicate a wait-and-watch approach

Stocks to Watch: Infy, L&T, PowerGrid, BHEL, NTPC, IDBI Bank, Steel makers

Stocks to Watch Today: Bharat Electronics, Data Patterns (India), SAIL and Zomato ahead of Q4 earnings on Monday.

What's ahead for the defeated IT, banks, realty and metals?

Amid talks of an impending recession, select pockets in the market have been hit the hardest and have entered the bear zone. Find out the fundamental and technical outlook for these sectors

Board evaluating Sebi penalty of Rs 1 crore, says Fortis Healthcare

Market regulator SEBI slapped a fine on Fortis Healthcare subsidiaries on account of fund diversion by erstwhile promoters

We have seen a drop in retail participation in cash segment: 5paisa CEO

That said, the derivative market average turnover has improved in May