JioCinema breaks world record during IPL final; Rise in Detection of Fake ₹500 Notes, Says RBI Report

May 30, 2023

Closing Bell: Nifty above 18600, BANKNIFTY above 44400, Sensex gains 100 pts, media, FMGC rally.🚀

Companies

Capital Small Finance Bank Targets Rs 14,000 Crore Total Business in FY24

Bridgestone India Plans 20-25% Retail Expansion, Aiming for Industry Outperformance.

Monte Carlo(+10.86%) Fashion Reports Strong Q4 Performance, Profit Jumps 56%, Revenue Surges by 45.7%.🚀

Hari S Bhartia Resigns as MD of Jubilant Pharmova(-7.29%) 📉

Promoter of Vedanta(-4.91%) Creates Pledge on 4.4% Equity for $250 Million Borrowing from Glencore.💰

Jio Cinema Achieves Record Viewership of 3.2 Crores during IPL 2023 Final.🚀

Apollo Hospitals(-0.89%) Records Impressive Q4 Profit Surge of 50%, with 21% Revenue Growth.📈

Fidelity Investments Cuts Meesho's Valuation by 10% Amid Tech Valuation Correction.💰

Sun Pharma(-0.91%) Expands Market Reach with Licensing Deal for Nidlegy in EU, Australia & New Zealand.🧾

Inflation Risks Eased, Current Account Gap Stable; Fake ₹500 Notes Surge by 14.4% in 2022-23, RBI Annual Report.🧾

Landmark(+1.49%) posts Q4 results: Net profit up 28.3% at ₹24 cr, Revenue up 17.5% at ₹854 Cr.📈

Mawana Sugars(+4.91%) Q4 Net Profit Surges 67.5% to ₹52.1 Cr, revenue up 19.1% at ₹350.3 Cr.📈

V-Guard(-0.04%) reports Q4 earnings: Net profit down 41.2% at Rs 52.7 cr, Revenue up 7.6% at Rs 1,140.1 Cr.📉

Lux Ind(-0.97%) reports Q4 earnings: Net profit down 57.7% at Rs 31.2 cr, Revenue up 21.9% at Rs 715.2 Cr.📉

RBI Governor Shaktikanta Das Reveals Banks Use of Innovative Techniques to Hide Stressed Loans(NPA).🧾