Coal India's(+4.84%) Rises 4% on Production Surges and Volume Increase; M&M(+1.23%) EV Expansion Plans Boost Stock

July GST Collection Crosses Rs 1.65 Lakh Crore Mark, Up 11% YoY.

Market Summary

Closing Bell: Nifty below 19800, BANKNIFTY slips below 45600, Sensex tanks 60 pts, Reality, Healthcare and Oil&Gas slips.

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Market News

Coal India's(+4.84%) Production Surges 13.4%, 22.2 MTs Increase in Volume, Stock Jumps 4.5%. 🚀

IRB Infrastructure(-4.35%) Shares Slide 4% as, Net Profit Falls 63% to Rs 133.77 crore, Revenue Down by 12% to Rs 1745.47 crore. 📉

Mahindra & Mahindra(+1.23%) Shares Rise 1.2% After Announcing EV Battery & Crash Test Facilities at cost of Rs 210 crore. 🚗🔋

India Pesticides(-2.80%) Shares Slide 2.8% as Q2 Profits Plunge 62.3% to Rs 15.5 crore, Revenue down by 7.8%, to Rs 201.40 crore. 📉🧪

Go Fashion(+4.93%) Stock Surges 4% on 8% Growth in Q2 Net Profit to Rs 26 crore, 15% Revenue Growth to Rs 190 crore YOY. ✔️🚀

Oberoi Realty(-1.01%) Q1 Net Profit Slumps 20.35% YoY at Rs 321.36 Crore, Flat Revenue at Rs 715.22 crore and Declining Margins Impact Oberoi Realty. 📉

HG Infra Engineering(-2.03%) Net Profit Jumps 37.4% to Rs 1,504 crore, Revenue up by 22.2% to Rs 13,512 crore. 🚀

Adani Total Gas(-0.31%) Q1 Profit Jumps 8.56% to Rs 150.2 crore, Revenue Rises 1.3% to Rs 1,056.1 crore. 🧾

UPL(+0.16%) Shares Plunge to 52-Week Low as Net Profit Drops 81%, Revenue Down by 17%, Brokerages Bearish on UPL. 📉

PVR Inox(+0.54%) Reports Q1 Loss of Rs 44.1 Crore, Revenue Up at Rs 1,266.6 Crore. 🎥