Overnight Digest: Stocks to keep an eye on May 12!
Watch out for these large-cap stocks in Friday’s trading session.
On Thursday, the domestic benchmark indices ended the day flat. BSE Sensex Index is down 0.06 per cent at 61,904.52 and NSE Nifty-50 Index is down 0.099 per cent at 18,297. In the broader market, BSE Mid-Cap Index is up by 0.36 per cent and BSE Small-Cap Index is up by 0.68 per cent. On the sectoral front, BSE Power Index is the top-gaining sector whereas BSE Capital Goods Index is the top losing sector.
Watch out for these Large-Cap stocks in Friday’s trading session:
Eicher Motors – The company has recorded the highest-ever revenues and profits for the quarter and year ended MARCH 31, 2023. The net sales increased by 19.10 per cent and the net profit increased by 48.40 per cent in Q4FY23 over Q4FY22. In FY23, net sales increased by 40.20 per cent and net profit rose by 73.80 per cent compared to FY22.
Asian Paints – The company reported amazing quarterly (Q4) and annual results (FY23). Additionally, the company has declared a stellar final dividend of Rs 21.25 per share having a face value of Rs 1 each. The company has maintained a healthy dividend payout of 60 per cent. Today, shares of the company surged 3.78 per cent.
DSIJ offers a product 'Pop Scalper" with recommendations for scalping profit from index options based on research and analysis to help subscribers make healthy profits. If this interests you, then do download the product details pdf here
Housing Development Finance Corporation and HDFC Bank – HDFC Asset Management Company Limited (HDFC AMC), a subsidiary of HDFC Limited and the investment manager of HDFC AMC AIF II, has granted its final approval for the proposed change in control of HDFC AMC. Both the listed companies’ shares surged today.
Tata Motors - Today, shares of the company traded at a new 52-week high of Rs 514.20 per share, up by 1 per cent. The stock is hitting back-to-back 52-week highs from the past 4 trading sessions.
Related articles
-
Rs 35,10,00,000 total order from Integral Coach Factory: This multibagger company bags an order worth Rs 8.26 crore in Chennai
-
Penny stock at Rs 9.43: This micro-cap company bags new order worth Rs R 2,94,65,496 from U.P. Power Transmission Corporation Ltd
-
FIIs bought 1,71,000 shares: This drone company secured a work order worth Rs 2,52,756 from TreeTies Network Private Limited
-
1:1 bonus share and promoter & FIIs increase stake: Heavy buying in this debt-free steel tube manufacturer stock; spurt in volume by more than 5 times on BSE
-
Heavy buying in this multibagger forging stock as the company announces listing of equity shares on NSE; Ashish Kacholia & FIIs increase their stake!