Today, one of the Top Gainers on BSE, shares of SpiceJet Ltd surged 6.8% to Rs 60.88 per share from its previous closing of Rs 57.01. The stock’s 52-week high is Rs 77.50 and its 52-week low is Rs 22.65. The shares of the company saw a spurt in volume by more than 1.50 times on BSE. The stock gave multibagger returns of 169% from its 52-week low of Rs 22.65 per share.
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Bajaj Electricals on Tuesday reported a 43.47% decline in consolidated net profit to Rs 29.31 crore in the March quarter with revenue impacted by weakness in appliances and general trade. Consolidated total revenue from operations in the quarter under review was Rs 1,188.08 crore as compared to Rs 1,291.97 crore in the same period a year ago, it added.
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Pakistan's benchmark share index touched a lifetime high on Wednesday, breaching the key level of 75,000, on hopes that easing inflation could pave the way for interest rate cuts as early as June. Still attractive stock valuations, expectations of more foreign inflows, and the start of talks with the IMF on a new loan programme added to the bullish sentiment.
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