Business / Business Today
Paytm share price: The stock fell 2.35 per cent in early trade to hit a record low of Rs 310. It later rebounded 7.52 per cent from its all-time low level to settle at Rs 333.30. On a closing basis, the counter's uptick was of 5 per cent today.
Jio Financial share price: The stock today fell 1.76 per cent to hit a day low of Rs 349. At this price, it has declined 11.58 per cent from its record high level of Rs 394.70, a level seen last month on April 23.
Sonata Software share price: The stock cracked 15.45 per cent to hit a day low of Rs 538.90 against its previous close of Rs 637.40. It was last seen trading 13.71 per cent lower at Rs 550.
L&T, Tata Power, Canara Bank, TVS Motor, Hero Moto, Bharat Forge, BSE, SKF India, Piramal Enterprises, Kalpataru Projects, Capri Global, Kirloskar Oil and others will announce their Q4 results today.
Businesses in India also have multiple tailwinds in the form of ever-evolving Digital Public Infrastructure, burgeoning middle class, growing market for financial services, and good cross-border trade trends.
Dixon Technologies shares ended flat at Rs 8360.75 against the previous close of Rs 8410.20 on BSE. The stock of the electronic goods contract manufacturer opened higher at Rs 8,419.
DRL Q4 results preview: Nirmal Bang sees US revenue for the drug maker rising 23 per cent YoY to $378 million on account of a lower base last year.
Dr Reddy's Labs, Pidilite Industries, JSW Energy, SRF, PB Fintech, United Breweries, Voltas, IRB Infra and others will announcetheir Q4 results later today.
Waaree Renewable share price: The stock settled at its 5 per cent upper circuit limit of Rs 2,871.40. At this price, the multibagger counter has rallied 554.33 per cent in 2024 so far.
KKR will acquire Healthium through a special purpose vehicle - owned by KKR-managed funds - that will have a controlling interest in Healthium group, including Healthium Medtech, the three companies said in a statement.
CarTrade Tech shares rose 14.02% to Rs 855 against the previous close of Rs 749.85 on BSE. Market cap of the firm climbed to Rs 3792 crore.
Godrej Consumer Products, Lupin, Indian Bank, Marico, Grindwell Norton, Happiest Minds, Route Mobila, Fusion Micro Finance, GHCL and more will announce their quarterly earnings later today.
The consolidated revenue from operations declined 7.2 per cent YoY to Rs 1,301 crore from Rs 1,402.40 crore YoY.