SC defers hearing on Adani Case; SEBI warns against premature conclusions of probe

May 15, 2023

Closing Bell: Nifty crosses 18350 mark, BANKNIFTY above 44000 , Sensex gains 300 pts, Reality, media, FMCG rally.🚀

Companies

Realty stocks surge; DLF nearly 7% up while Godrej Properties 3% & Oberoi Realty 4% high.🚀

Auto index shows impressive performance with Tata Motors and Bajaj Auto leading the rally.

Kalyan Jeweller’s(-1.84%) net profit declines by 1.6% to ₹71 crore, revenue increases by 18.4% to ₹3,381.8 crore.

DLF hits fresh 52-week high as consolidated net profit rises 41%in Q4, shares rally 7.3%.🚀

Berger Paints(-0.70%) reports Q4 net profit of Rs 185.7 cr, down 15.9% YoY Revenue for Q4 rises 11.7% YoY to Rs 2,443.6 cr

Supreme Court considers 3 month extension despite of 6 for SEBI's probe into Adani group's regulatory disclosures.🧾

Gautam Adani's group firms set to raise $2.6 billion, shares in focus.💰

Tata Motors shares surge 3% on robust Q4FY23 earnings, net profit of Rs 5,407.8 crore📈

SpiceJet(+1.93%) subsidiary SpiceXpress and Logistics secures $100 million investment from UK-based firm.📈

HIL(-2.44%) Q4 net profit jumps 90.9% to Rs 4.6 crore, revenue down 9% at Rs 863.3 cr.📉

SEBI files fresh affidavit in Supreme Court, addresses allegations against Adani Group.🧾

Manappuram Finance(-0.18%) reports 58% jump in Q4 net profit, declares interim dividend of Rs 2/share.

Dish TV India's Q4FY23 revenue plunges 21.5%, shares fall 4%.📉

Ola Electric meets banks for around Rs 6000 crore IPO.