Indian Stock Market Wrap | 17th May
👉 Indian indices closed in the green, supported by domestic buying despite continuous foreign outflows
👉 Mahindra & Mahindra (M&M) surged 6% to a record high due to strong earnings and a positive outlook
NIFTY: 22,466.1 (🔼 0.28%)
SENSEX: 73,917.03 (🔼 0.34%)
Crompton Greaves Consumer Electricals (🔼 15.57%) reports a 56% profit spike and crosses two crore sales volume
Glaxosmithkline Pharmaceuticals (🔼 13.08%) shines with a 46% profit jump and a generous Rs. 32/share dividend
Mazagon Dock Shipbuilders (🔼 12.99%) sails high with a 14% intraday surge and a strong order book
Dixon Technologies (🔼 8.22%) hits a record high after Morgan Stanley's upgrade and a promising earnings forecast
Mahindra & Mahindra (🔼 6.02%) impresses with a 31.6% profit increase and an upgraded Jefferies rating
Voltas (🔻 2.45%) Stock dips, but company sees significant sales & profit growth in March’24 quarter
Tata Consultancy Services (🔻 1.71%) Faces challenges in reducing subcontractor expenses
Hindustan Aeronautics (🔻 1.56%) Revenue and profit rise, with positive analyst outlook post-Q4
V-Guard Industries (🔻 1.27%) Reports strong revenue and profit growth in Q4, with a Buy rating
👉 Indian indices closed in the green, supported by domestic buying despite continuous foreign outflows
👉 Mahindra & Mahindra (M&M) surged 6% to a record high due to strong earnings and a positive outlook
NIFTY: 22,466.1 (🔼 0.28%)
SENSEX: 73,917.03 (🔼 0.34%)
Crompton Greaves Consumer Electricals (🔼 15.57%) reports a 56% profit spike and crosses two crore sales volume
Glaxosmithkline Pharmaceuticals (🔼 13.08%) shines with a 46% profit jump and a generous Rs. 32/share dividend
Mazagon Dock Shipbuilders (🔼 12.99%) sails high with a 14% intraday surge and a strong order book
Dixon Technologies (🔼 8.22%) hits a record high after Morgan Stanley's upgrade and a promising earnings forecast
Mahindra & Mahindra (🔼 6.02%) impresses with a 31.6% profit increase and an upgraded Jefferies rating
Voltas (🔻 2.45%) Stock dips, but company sees significant sales & profit growth in March’24 quarter
Tata Consultancy Services (🔻 1.71%) Faces challenges in reducing subcontractor expenses
Hindustan Aeronautics (🔻 1.56%) Revenue and profit rise, with positive analyst outlook post-Q4
V-Guard Industries (🔻 1.27%) Reports strong revenue and profit growth in Q4, with a Buy rating