New Delhi: Indian indices snapped a 3-day losing streak on Wednesday to close the day in the green. The Sensex was up 874.94 points to 79.468.01 while the Nifty closed 304.95 points higher at 24,297.50. Here are stocks that are likely to remain in focus on Thursday, August 8, 2024:
Godawari Power and Ispat: The company reported a 24 per cent jump in Q1 net profit to Rs 286.89 crore from Rs 230.88 crore in the year ago period.
ICICI Prudential Life Insurance: The company reported a rise in assets under management to Rs 3.14 lakh crore covering 9.84 crore individuals. The company’s total in-force sum assured crossed the Rs 35 lakh crore mark.
Kirloskar Oil Engines: The company reported a 7 per cent jump in Q1 net profit to Rs 117 crore from Rs 109 crore in the year-ago period. The company’s Q1 net sales were up 6 per cent to Rs 1,334 crore.
Lupin: The drugmaker said its Q1 net profit rose 77 per cent increase in consolidated net profit in the first quarter ended June 2024.
Reliance Industries: The Mukesh Ambani-led conglomerate’s balance sheet has been consolidated and it is set to pursue the next level of growth, said Ambani.
Sterlite Power: The company said it had secured Rs 1,500 crore worth of orders across global products in domestic and global market in Q1 FY25.
Suzlon: The renewables company set to acquire a majority stake in Renom Energy Services for a consideration worth Rs 400 crore, driving its stock 5 per cent higher on Wednesday.
Uno Minda: The auto components maker reported a 17 per cent jump in Q1 net profit to Rs 210.8 crore from Rs 180.17 crore in the year ago period.
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Stocks in News Today: From Godawari Power to Suzlon, here are stocks that are likely to remain in focus on Thursday, August 8, 2024. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
