Business Tips of the Day: Shares of Tata Group can be enjoyed today, keep an eye on Tata Chemicals and Titan – business tips today 4th May 2023 shares to watch tata chemicals, titan and mrf
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Tire maker MRF on Wednesday said its consolidated net profit doubled to Rs 341 crore in the March quarter due to lower raw material costs. Similarly, consumer goods maker Havells India Ltd.’s integrated net profit for the fourth quarter ended March 31, 2023, grew by 1.57 per cent to Rs 358.04 crore. Godrej Properties’ net profit for the fourth quarter of the last financial year has increased by 58 percent to Rs 412.14 crore. The Investment Board of Nepal has approved an additional investment of Rs 608 crore in the Nepalese unit of Dabur India. GR Infra has been declared L-1 bidder for a four-laning road project in Uttar Pradesh.
Which stocks will remain volatile
According to the momentum indicator MACD, the shares of Equitas SFB, Gravita India, Tech Mahindra, Bharat Dynamics and Dhampur Sugar may gain momentum on Thursday. On the other hand, shares of Reliance Power, Axis Bank, Dhani Services, Adani Green Energy and Granules India may decline.
Results of these companies will come today
Housing Development Finance Corporation, Hero MotoCorp, Adani Enterprises, Dabur India, Tata Power, TVS Motor, Sundram Fasteners, 360 ONE WAM, Aptus Value Housing Finance, Blue Star, Bombay Dyeing & Manufacturing Company, CEAT, Firstsource Solutions, IDFC on May 4 , Jammu & Kashmir Bank, Mindspace Business Parks REIT and United Breweries will announce their quarterly results.
Penny Stocks: These five forty-four shares jumped more than 5 percent as soon as the market opened, see the complete list here
condition of stock market
Domestic stock markets closed down on Wednesday. Earlier, there had been a rise in them for eight consecutive days. The BSE Sensex ended with a loss of over 161 points. Although foreign institutional investors made good purchases, losses in index majors Reliance Industries, Tata Consultancy Services, Infosys and Larsen & Toubro also weighed on the market. The Nifty also closed at 18,089.85, down 57.80 points, or 0.32 percent. Bharti Airtel, Tech Mahindra, Axis Bank, Bajaj Finance, Larsen & Toubro, Tata Consultancy Services, State Bank of India, Reliance Industries, Wipro, Infosys, HCL Technologies, IndusInd Bank and Tata Steel were major losers in the Sensex pack. On the other hand, gainers included Hindustan Unilever, Asian Paints, Tata Motors, UltraTech Cement, ITC and Nestle India.
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