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LIC Housing, Titagarh Rail, JK Cement, Quick Heal Technologies, Eicher Motors, Star Cement, Mankind Pharma
News Update | May 16, 2024 2:24 PM CST

Dixon Technologies Stock: Consolidated revenue went up by 52 per cent to Rs 4,658 crore against Rs 3,065 crore YoY. EBITDA rose 19.2 per cent to Rs 243 crore against Rs 204 crore YoY.

Stocks To Buy

On 15th May, Halting its three-day rally, the 30-share BSE Sensex declined 117.58 points or 0.16 per cent to settle at 72,987.03. During the day, it lost 281.95 points or 0.38 per cent to 72,822.66.

The NSE Nifty dipped 17.30 points or 0.08 per cent to 22,200.55. From the Sensex pack, Tata Motors, Asian Paints, HDFC Bank, JSW Steel, Hindustan Unilever, Nestle and Titan were the major laggards.

Stocks to be in focus today, according to Experts and Zee Business

  1. Quick Heal Technologies Stock: Quick Heal Technologies signed a pact with EET Group for providing cybersecurity solutions in Europe.
  2. JK Cement Stock: JK Cement’s Board of Directors approved the re-appointment of Nidhipati Singhania as a non-executive, non-independent director, and of Raghavpat Singhania and Madhavkrishna Singhania were re-appointed as managing director (MD) and MD & CEO..
  3. Eicher Motors Stock: VE Commercial Vehicles (VECV), a material subsidiary of Eicher Motors, entered into a joint venture with iTriangle Infotech (iTriangle), wherein VECV shall hold 51% of the share capital of the joint venture company (JV Co) and the remaining 49% of the share capital of the JV Co shall be held by iTriangle.
  4. Star Cement Stock: National Company Law Tribunal (NCLT) approved the Star Cement Ltd Scheme of Amalgamation. The scheme involves the consolidation of Meghalaya Power Ltd (MPL), Megha Technical & Engineers Private Ltd (MTEPL), and NE Hills Hydro Ltd (NHHL)
  5. Mankind Pharma Stock: Mankind Pharma opened up about the article speculating about the company’s plan to acquire a stake in Bharat Serum. It stated in exchange filing “The company would like to clarify that the contents of the said article are speculative in nature and there are no events which warrant a disclosure under Regulation 30 of the Listing Regulations.”
  6. Dixon Technologies Stock: Consolidated revenue went up by 52 per cent to Rs 4,658 crore against Rs 3,065 crore YoY. EBITDA rose 19.2 per cent to Rs 243 crore against Rs 204 crore YoY.
  7. Power Finance Corporation Stock: Consolidated net profit of Rs 5,624 crore, up 20 per cent against Rs 4,677 crore YoY. Consolidated revenue from operations stood at Rs 24,141 crore, up by 20 per cent over Rs 20,061 crore YoY.
  8. LIC Housing Finance Stock: Reported Q4 results with 7.5 per cent decline in its profit at Rs 1,091 crore against a profit of Rs 1,180 crore YoY. Revenue increased to Rs 6,937 crore against Rs 6,415 crore YoY.
  9. Somany Ceramics Stock: Reported Q4 results with consolidated revenue up 8.6 per cent at Rs 738 crore against Rs 679 crore and net profit up 38.9 per cent at Rs 34 crore against Rs 24 crore YoY.
  10. Titagarh Rail Systems Stock: In its Q4 results the company reported consolidated revenue up 8 per cent at Rs 1,052 crore against Rs 974 crore YoY. EBITDA up 25.7 per cent at Rs 120 crore against Rs 95 crore YoY.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice.)




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