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STOCK MARKET UPDATES 28/05/2024



 

*    Court issues summons against Delhi minister Atishi over BJP's alleged poaching charge.

*    Google, Amazon, Apple lobby group opposes India's antitrust proposal.

*    Coal India incorporates a new subsidiary for the coal-to-chemical business.

*    Adani Enterprises board approves Rs 16,600 crore fundraising via QIP.

*    Elon Musk's xAI raises $6 billion in funding, now valued at $24 billion.

*    RITES Q4FY24 results: Net profit marginally declines to Rs 137 crore.

*    Paytm Insider announces the elevation of Varun Khare to the position of COO.

*    Goodyear India falls 6% on weak Q4 results; Rs 15 dividend announced.

*    LIC Q4 net rises 2.5% to ₹13,763 crore.

*    TCL launches Google QLED, 4K QLED, and 4K UHD range of smart TVs in India.

*    PB Fintech shares fall 3.5% as 1.2% equity changes hand.

*    Bank credit growth to moderate to 14% in FY25 after robust growth: CRISIL.

*    Link PAN with Aadhaar by May 31 to avoid higher TDS deduction: I-T dept.

*    TCS, IIT Bombay to build India's first quantum diamond microchip imager.

*    European Union banks seek RBI approval for third-party transaction models.

*    Natco Pharma stock surges 8%, hits new 52-week high on strong Q4 show.

*    Jubilant Industries locks in 5% upper circuit amidst agri business demerger plan.

*    Sumitomo Chemical surges 9%, hits 52-week high on solid Q4 results.

*    Timken India surges 6% after 5 million shares change hands via block deals.

*    Sebi releases SOP for handling commodity exchange outage; guidelines to be effective from July 1.

*    EaseMyTrip Q4 PAT up 26% to ₹39.1 crore.

*    TVS Supply Chain turns Q4 PAT of ₹5.4 crore.

*    Nalco jumps over 5% as net profit doubles.

*    Aurobindo Pharma jumps over 2% as Q4 net profit jumps 80%.

*    Remedium Lifecare declares 3:1 bonus shares.

*    HSBC AMC India, trustees pay Rs 23.9 lakh to settle the Sebi notice.

*    NTPC to list green arm NGEL by Oct-Nov to mobilize resources.

*    Mega dividend announcement: 3M India announces Rs 165 final dividend, Rs 525 special dividend.

*    Russia will build Central Asia's first nuclear power plant in an agreement with Uzbekistan.

*    New Zealand budget expected to offer tax cuts and a worsening outlook.

*    HAL stock in focus after India, and France begin negotiations for ₹50,000 crore deal.

*    Nandan Denim is up 17% as PAT spikes over 8000% in FY24.

*    DOMS Industries share price rises 10% to an all-time high, up 150% over the IPO price.

*    NALCO shares surge 6% to a new all-time high as net profit rises two-fold in Q4.

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