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STOCK MARKET UPDATES 24/05/2024

 





*    Hindalco's net profit rises 31% to Rs 3,174 crore in Q4 on higher volumes and lower costs.

*    Bikaji Foods International's Q4 net profit surges 200% to Rs 116.3 crore.

*    Mamaearth's revenue rises 21% to Rs 471 crore in Q4; net profit at Rs 30 crore.

*    Indigo's Q4 Result Net profit more than doubles to Rs 1,895 crore on healthy demand for air travel.

*    Taj GVK Q4 net profit jumps 80% to Rs 26 crore stock up 6%.

*    Rajinikanth visits BAPS Hindu Mandir after receiving a Golden Visa for the UAE.

*    Suzlon Energy Q4 results: Net profit down 21% to ₹254 crore.

*    S&P BSE to include Adani Ports in Sensex index from June 24; Wipro to be dropped.

*    Sensex, and Nifty 50 end flat on profit booking at record high levels.

*    The market may see a sharp 20% decline if election results deviate from expectations.

*    Three shipbuilding stocks including Cochin Shipyard gained between 200% and 725% in a year.

*    Maldives plans RuPay launch to strengthen ties with India.

*    Havells India, Samvardhana Motherson International & others hit a 52-week high today.

*    Finolex Cables shares surge over 14% to a new high on strong Q4 results.

*    HOAC Foods lists ₹147, a premium of 206% to the IPO price.

*    Rulka Electricals shares open with a 123% premium at ₹525 price on NSE SME.

*    Market Cap of NSE-listed companies surges to $5 trillion from $4 trillion in 6 months.

*    Vodafone Idea share price jumps over 4% as UBS upgrades stock to ‘buy’.

*    Indiabulls Housing Finance issues NCDs for 10.75% interest. 

*    Bharat Dynamics shares zoom 17% to a new all-time high after a 1:2 stock split.

*    Inox Wind shares zoom 10% to a new high after a 1:3 bonus share issue.

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