Fri, Jan 5, 2024 12:34 PM
HAL climbs 6% to fresh 52-week high, joins Rs 2 lakh crore club
A Flip by Shubhangi Gupta
Market Update at 2:00 PM: In the current trading session benchmark indices trade on a positive note with the Sensex trading moderately lower by 0.24%, while Nifty surged by 0.14 per cent. Whereas, in the broader indices Nifty Midcap has gained by 0.73%, while Nifty Smallcap has surged by 0.6% Nifty PSU Bank, Nifty Energy and Nifty Realty are the major sectors which are trading positively.
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Drug maker Granules India reported a 8% year-on-year (YoY) rise in March quarter profit at ₹129.6 crore on Wednesday. It was ₹119.6 crore in the corresponding period of last fiscal. The company's revenue from operations fell 1.7% YoY to ₹1,175.7 crore as against ₹1,195.5 crore in the year-ago period. Granules India's operating profit or EBITDA rose 12% to ₹255.5 crore.
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Go Digit IPO subscription status: The retail investor response to Go Digit General Insurance IPO has been overwhelming, and within a few hours of taking off, the portion is fully booked. The IPO has received slow but steady responses from non-institutional investors. Go Digit General Insurance IPO subscription status is 22%, at 13:33 IST, as per BSE data.
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