Fri, Apr 26, 2024 2:33 PM
Heavy buying in this debt-free steel tube manufacturer stock
A Flip by Avya Verma
In Q4 FY24, the promoter's holding surged to 94.97 percent, a remarkable rise from the previous 0.01 percent. The company's stock is consistently hitting upper circuits. Ujaas Energy Limited is engaged in the generation of solar power, manufacturing, sales, and services of solar power plants or projects, as well as manufacturing and sales of electric vehicles.
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Gujarat Gas reported a 11 percent jump in net profit to Rs 409.54 crore in the quarter ended March 31, compared to Rs 369.22 in the year-ago period, according to an exchange filing issued on May 6. Sequentially, the profit surged 85.9 percent from Rs 220.34 crore in the December quarter, according to the filing.The company’s revenue from operations jumped 5.4 percent to Rs 4,293.86 crore.
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Indian stock market: The Indian stock market indices, Sensex and Nifty 50, concluded the trading session with a mixed performance, on May 6. Shares of specific heavyweight companies such as Titan, SBI, and Reliance Industries exerted notable downward pressure. Brokerage firm Motilal Oswal recommends below listed three stocks to buy this week - 📌ICICI Bank 📌ABB India 📌NMDC.
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