A roller coaster ride for the day, Nifty dropped almost 220 points to touch its recent lows then bounced 160 points in second half of the day to close at 16,988 level

For the nine months ended December 2022, company reported a consolidated net profit of Rs. 24.67 crore (PAT margin 16.1 per cent), growth of 186.7 per cent Y-o-Y. Total income during the period was reported at Rs. 153.70 crore, rise of 25.3 per cent Y-o-Y.

The order is worth Rs 64 crore, for which deliveries are to be done by FY-24.   

Shares were trading up by more than 5 per cent today after company announced about this development 

The frontline indices were trading with major losses in early trade. Negative global cues dented investors’ sentiment. All the sectoral indices on the NSE traded in the red. HAL, Ujjivan Financial Services will trade ex-dividend and Continental Securities will trade ex-split today, March 20, according to the BSE website. 

Even as investors breathed a sigh of relief upon hearing of a purchase for the struggling Credit Suisse.  

The move to place Adani group stocks under surveillance followed a report by US-based short seller Hindenburg, which raised concerns about short selling and speculative trades

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 107.8 points or 0.18 per cent. 

Watch out for these large-cap stocks in Monday’s trading session!

On Friday, the Sensex rose by 355 points to close at 57,989.90, while the Nifty 50 gained by marginal 114 points to close at 17,100.05