On Thursday, 1908 stocks advanced, 2030 declined and 125 remained unchanged, with an advance decline ratio of 0.93 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets.
The trend of the major indices on Thursday’s trading is given in the table below.
On NSE, 38 securities advanced and closed at a new 52-week high whereas 32 securities sank to close at their new 52-week lows. In sectoral indices, Nifty FMCG, Nifty Auto and Nifty IT were among the biggest losers. Nifty Media, Nifty Metal and Nifty Energy were among the biggest gainers.
PNB Housing Finance (+0.68%) raised Rs300 crore through the allotment of 30,000 listed, secured, rated, taxable, redeemable non-convertible debentures (NCDs) of the face value of Rs1,00,000 each, through private placement.
ICICI Prudential Life Insurance Company (-0.88%) received a certificate of registration from the International Financial Services Centres Authority (IFSCA), for setting up IFSC Insurance Office (IIO) in GIFT City IFSC, GIFT SEZ, Gandhinagar, Gujarat to undertake life insurance business. The company’s IIO, as a foreign branch office, will enable the company to serve the insurance and investment needs of the prospective customers.
Easy Trip Planners (EaseMyTrip) (-0.08%) entered into a memorandum of collaboration (MoC) with Sabah Tourism Board (STB) to strengthen Sabah’s appeal among Indian travellers.
RailTel Corporation of India (+0.08%) secured a work order worth Rs49.68 crore (including Tax) from North Frontier Railway. The scope of work includes provision of video surveillance system at 340 (D & E category) stations of N.F. Railway.
Kansai Nerolac Paints (+3.70%) received approval for increasing the capacity of auto paints at Sayakha plant of the company by 4200 KL/annum. In view of the estimated growth in automotive paint industry, the capacity addition is being carried out.
HCL Technologies (HCLTech) (+0.62%) collaborated with ChargePoint, a leading provider of networked charging solutions for electric vehicles (EVs), to accelerate innovation in EV charging software.
Triveni Engineering & Industries (+2.50%) and Rolls-Royce Marine North America Inc signed a memorandum of understanding (MoU) to explore opportunities to collaborate on programmes for 4MW marine gas turbine generators (GTG) for customers in India. This would include several key areas including design, development and manufacturing of the marine GTGs, as well as comprehensive sales and support activities.
Styrenix Performance Materials (-1.25%) entered into definitive agreements to acquire 36.13% equity shares of Clean Max Jasper (CMJPL), a company formed by Clean Max Enviro Energy Solutions (Promoter Shareholder) and engaged in generation and transmission of renewable energy.
Earnings
Cummins India (+1.50%) reported 11.94% rise in its net profit at Rs558.46 crore for the quarter ended 31 December 2024 as compared to Rs498.91 crore for the same quarter in the previous year. Total income of the company increased by 21.46% at Rs 3207.54 crore for Q3FY25 as compared to Rs2640.77 crore for the corresponding quarter previous year.
Gujarat Gas (-1.65%) reported marginal decline in its net profit at Rs 220.99 crore for the quarter ended 31 December 2024 as compared to Rs 221.02 crore for the same quarter in the previous year. However, total income of the company increased by 6.87% at Rs 4389.35 crore for Q3FY25 as compared to Rs 4107.28 crore for the corresponding quarter previous year.
Avalon Technologies (+5.00%) reported around four-fold jump in its net profit at Rs 23.99 crore for the quarter ended 31 December 2024 as compared to Rs6.57 crore for the same quarter in the previous year. Total income of the company increased by 34.36% at Rs290.82 crore for Q3FY25 as compared to Rs216.44 crore for the corresponding quarter previous year.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below:
