Relief for Mukesh Ambani as SAT Overturns SEBI's Penalty; Motilal Oswal(+0.12%) Pledge 10% of Equity for Charitable Causes
SEBI to Introduce Risk Reduction for Retail Investors in Derivatives Trading.
Market Summary
Closing Bell: Nifty below 19700, BANKNIFTY slips below 45500, Sensex tanks 100 pts, IT, Financial services, and Banks slips. 📉
Companies
Sectors
AMD Commits $400 Million Investment to Boost India's Semiconductor Ecosystem. 💸
Market News
Ajanta Pharma(+4.07%) Surges 4%, Profit Jumps 19.2% in Q1 Revenue Reaches Rs 1,021 Crore, Hits 52-Week High. 💰🚀
Blue Dart Express(-4.18%) Shares Plunge 4% as Net Profit Declines 48%, Margin Shrinks to 15.40%. 📉
Bharat Electronics Ltd(+2.20%) Soars 2% Margin Expands to 18.9%, Profit Rises 23% in Q1. ⚡️
Indian Oil Corp(-3.40%) Reports Rs 13,750 Crore Profit in Q1, GRM Improves to $9.05 per bbl. 🧾
Motilal Oswal Financial Services(+0.12%) Soars 5% Intraday as Net Profit at Rs 527 crore Surges 17-Fold; Pledge 10% of Equity Shares for Charitable Causes. 🎗️🚀
Mahindra & Mahindra Financial Services(-4.05%) Q1 Net Profit Jumps 58% to Rs 352.6 Crore. 💸📊
Trident(-2.87%) Shares Drop 2% as Q1 Profits Decline 27% YoY, Revenue Falls 19.7% YoY. 📉
Vedant Fashion's(+0.41%) Q1 Profit Declines 8%, Sales Fall 4%, Blames Fewer Wedding Dates 💍📉
SAT Rules in Favor of Mukesh Ambani, Quashes SEBI's Penalty on Takeover Regulation. 🧾✔️
Yatharth Hospital IPO Sees Robust Demand, Oversubscribed 35.5 Times. 🧾