Stock Market LIVE Updates: GIFT Nifty indicates a weak start; US, Asian markets gain

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NSE Top Sectoral Gainers (Intra-day)

Tata Motors, Hero MotoCorp, Bharti Airtel, Siemens, Bharti Hexacom, Aditya Birla Capital, Cipla, GAIL India, GlaxoSmithKline Pharmaceuticals, Garden Reach Shipbuilders & Engineers, ITD Cementation India, Jubilant Ingrevia, Metropolis Healthcare, Max Financial Services, Suven Life Sciences, VIP Industries, and VST Tillers Tractors will announce their quarterly earnings scorecard on May 13.

The standalone commercial vehicle (CV) business is expected to report a 5 percent year-on-year decline in revenue, while the passenger vehicle (PV) segment may see a high single-digit drop. …Read More

#1 Q4 standalone EBITDA 3 percent below estimate reflecting lower realisations

#2 Consolidated EBITDA in-line with estimate

#3 Net debt moderated QoQ

#1 Profit zooms 62.5 percent to Rs 31.1 crore Vs Rs 19.2 crore, YoY

#2 Revenue soars 50.8 percent to Rs 412.1 crore Vs Rs 273.4 crore, YoY

The Sensex was down 821.37 points or 1.00 percent at 81,608.53, and the Nifty was down 204.10 points or 0.82 percent at 24,720.60. About 2158 shares advanced, 921 shares declined, and 142 shares unchanged.

NSE Volume Shockers
Company CMP Chg(%) Today Vol 5D Avg Vol Vol Chg(%)
Womancart 219.00 167.20k
3,520.00
4,650.00
Inspirisys Solu 111.12 536.08k
17,525.60
2,959.00
Diamond Power 95.02 113.53k
6,800.40
1,570.00
Man Industries 341.60 2.24m
187,465.40
1,096.00
Redington 274.90 9.19m
939,548.00
879.00
Ginni Filaments 34.02 830.85k
96,104.00
765.00
CARE Ratings 1,428.00 352.84k
41,501.20
750.00
Paras Defence 1,406.70 617.16k
74,763.60
725.00
Premier Explo 431.45 595.28k
77,069.40
672.00
Shigan Quantum 69.10 61.50k
8,100.00
659.00
KFin Tech 1,060.40 22.12m
3,171,799.40
597.00
Birla Corp 1,317.60 591.09k
95,271.80
520.00
Krishna Inst. 653.40 336.82k
59,456.20
466.00
Shakti Pumps 845.50 206.26k
38,630.60
434.00
IIFL Finance 409.85 4.51m
885,727.20
409.00
Sky Gold 311.20 129.11k
25,988.60
397.00
BEW Eng 207.00 5.50k
1,125.00
389.00
Jai Balaji Ind 112.35 250.30k
54,390.00
360.00
Jindal Worldwid 61.12 625.87k
138,073.80
353.00
Dr Reddys Labs 1,239.90 1.34m
296,967.40
351.00
NSE Price Shockers (3 days)

Hero MotoCorp share price: EBITDA margin is expected to come in at 14.2 percent, down 10 basis points year-on-year and 66 basis points sequentially….Read More

Tata Motors, Hero MotoCorp, Bharti Airtel, Siemens, Bharti Hexacom, Aditya Birla Capital, Cipla, GAIL India, GlaxoSmithKline Pharmaceuticals, Garden Reach Shipbuilders & Engineers, ITD Cementation India, Jubilant Ingrevia, Metropolis Healthcare, Max Financial Services, Suven Life Sciences, VIP Industries, and VST Tillers Tractors will announce their quarterly earnings scorecard on May 13.

Marine Electricals (India) has received an order amounting to Rs 24.74 crore (excluding taxes) from Digital Edge DC (India) for the supply, installation, testing and commissioning of power distribution system for the BOM1 project. The delivery shall be over a period of 4 months.

Promoter Purnima Desai will sell up to a 6.77% equity stake in the company (equivalent to 89.79 lakh shares) via an offer-for-sale (OFS) on May 13 and May 14.

The OFS will open for non-retail investors on May 13 and for retail investors on May 14. The floor price for the offer is set at Rs 700 per share.