Adani Total Gas (ATGL) on Monday reported a 4% fall in its Q1 consolidated net profit to Rs 165 crore versus Rs 172 crore in the year ago period. The profit after tax (PAT) is attributable to the shareholders of the company. The company’s revenue from operation stood at Rs 1,498 crore which was up … Read more
In the Nifty 500 pack, eight stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 27, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the … Read more
In the NSE Midcap pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 9, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the … Read more
Adani Total Gas on Monday reported an 8% fall in its Q4FY25 net profit at Rs 154 crore versus Rs 168 crore reported in the year ago period. The company’s revenue in the March-ended quarter stood at Rs 1,453 crore, up 15% year-on-year from Rs 1,258 crore. However on a sequential basis, the profit after … Read more
The NSE’s semi-annual index rejig is set to take effect on Thursday, March 27, and it’s expected to trigger major shifts in stock flows as it coincides with the monthly derivatives expiry. According to Nuvama Alternative & Quantitative Research, this rejig will impact passive fund flows, with notable changes seen in the Nifty Next 50 … Read more
Quant mutual fund (MF) would possibly facing the most significant impact among mutual fund houses due to the recent decline in Adani group shares on Thursday. With assets worth over Rs 1 lakh crore under management, Quant MF had the highest exposure to the Adani Group stocks compared to other larger fund houses. According to … Read more
About Rs 1.27 lakh crore was wiped off of Reliance Industries Ltd‘s (RIL) investors as shares of the company ended 7.5% lower on BSE today as poll counting estimates showed that Prime Minister Narendra Modi-led NDA alliance was not likely to score as much as exit polls had predicted in the 2024 Lok Sabha elections. … Read more
A plethora of companies are scheduled to release their quarterly earnings on Tuesday, and topping the list are Nifty 50 majors Bharti Airtel, Larsen & Toubro, and Tata Consumer Products. Indian Oil Corporation, GAIL (India), Mankind Pharma, Jindal Steel & Power, Adani Total Gas, Star Health and Allied Insurance, Max Financial Services, Vedant Fashions, Motherson … Read more
Indian market closed in the red for the fifth consecutive day on Wednesday, tracking muted global cues. The S&P BSE Sensex fell over 500 points while the Nifty50 closed below 19,200 levels. Sectorally, selling was seen in IT, telecom, utilities, capital goods, and power stocks while the metal space saw some buying pressure. Stocks that … Read more
Mumbai: Deloitte Haskins & Sells LLP is set to resign as auditor for Adani Ports & SEZ in the next few days just a year after its reappointment amid differences with the company management over the auditor’s position on certain transactions, said multiple people aware of the development. According to one of the persons, a … Read more