Trending Stocks: Why did SBI shares jump as soon as the market opened today – 3 trending stocks to watch out for today

Trending Stocks: Why did SBI shares jump as soon as the market opened today – 3 trending stocks to watch out for today

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Mumbai: Indian stock market opened in negative on Friday as well. The S&P BSE Sensex was trading near 61,332.53, while the NSE Nifty was trading at 18,082.15. Leading gainer on Sensex was SBI (over 1%). It was followed by Infosys and HCL Tech (both up around 1%).

Watch these trending stocks on Friday, May 19, 2023


G R Infrastructure: GR Infraprojects’ net profit for the quarter ended March 2023 increased by 40.90% to Rs 389.68 crore. While it was Rs 276.56 crore in the previous quarter ending March 2022. During the financial year ended March 31, the company’s net profit increased by 74.83% to Rs 1454.43 crore. A year before this it was Rs 831.91 crore.

SBC Exports: Net profit of SBC Exports increased by 110.64% in the quarter ending March 2023. 2.97 crore this year, as against Rs. 1.41 crore in the same quarter a year ago. During the financial year ended March 31, the company’s net profit increased by 99.13% to Rs.6.89 crore. A year before this it was Rs 3.46 crore.

Veritas (India): For the financial quarter ending March 2023, the corporation declared a net profit of Rs. During this period the net profit of the company increased by 52.95% to Rs.29.06 crore. The company’s net profit fell 9.46% to Rs 94.80 crore in the financial year ended March 31, 2023. The company’s sales for the financial year ending March 2023 grew by 1.49% to Rs 2163.22 crore. A year ago it was Rs 2131.48 crore. Today the stock has gained 2% and is currently trading at Rs 161.80 per share.

This article is powered by Dalal Street Investment Journal, India’s No. 1 Investment Magazine. Click here to get regular updates about Winning Stocks and Recommendations.

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