D-Street Newsmakers: Dr. Reddy’s, Bharat Forge, Hero MotoCorp among 10 stocks that hogged limelight
Indian equities ended Wednesday’s trading session on a flattish note amid a lucklustre trade in the second half of the session. Nifty ended flat at 22,302.5, while Sensex ended the day with a cut of 0.06 per cent or 45.46 points at 73,466.39 points. Meanwhile, broader markets outperformed the frontline indices as Nifty Midcap 100 zoomed 0.73 per cent.
Bharat Forge
Shares of the Kalyani Group company ended at Rs 1408.10, up over 13 per cent, as the company’s Q4 PAT rose 59 per cent on year. The stock in intraday trade marked its fresh 52-week high price of Rs 1,446.55.
Sonata Software
Shares of the company settled sharply lower at Rs 540.80, down more than 15 per cent, amid a sharp spurt in volume.
Dr. Reddy’s Laboratories
After the company’s Q4 earnings, shares of the pharma company saw selling pressure and ended at Rs 6050, down by over 3 per cent.
L&T
After the infra company’s power business bagged major domestic and global orders in clean energy space, the stock ended over 1 per cent higher at Rs 3,485.20.
Canara Bank
Shares of the state-run lender ended lower by 3 per cent at Rs 558.10 on weak FY25 guidance.
Jupiter Wagons
After the company approved fund raising via Qualified Institutions Placement (QIP), the stock ended 0.57 per cent higher at Rs 407.85.
Hero MotoCorp
Shares of the two-wheeler major settled with gains of over 3 per cent at Rs 4624.35 after the company’s Q4 PAT came in at Rs 1,016 crore, up 18 per cent year-on-year (YoY).
PB Fintech
Shares of the online services company ended marginally higher at Rs 1245.45 as the company posted quarterly profit for the second time in a row.
Max Financial Services
Shares of the company settled over 1 per cent higher at Rs 986.25 even as the company posted lower-than-estimated Q4 results.
Balaji Amines
Shares of the company ended at Rs 2299.05 , up 10 per cent, after the company’s Q4 net profit surged 43.5 per cent YoY to Rs 68 crore.