Updated – May 10, 2024 at 07:51 AM.
Sensex, Nifty, Share Prices LIVE: The short-term outlook for NLC India is bearish. The stock has been facing strong resistance around ₹228 over the last few days. The price action indicates the presence of strong sellers around ₹228.
tock Market Today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 10 May 2024.
ALL UPDATES
- May 10, 2024 07:51
Stock market live updates: Researchbytes Analyst App
https://play.google.com/store/apps/details?id=com.intelegain.rb
Conference call Replay available in Various speeds !
Researchbytes Events Update
As of 07:23 AM Friday 10 May 2024
Can set alert for them at www.researchbytes.com
10:00 AM Orient Electric
Dial: +91 22 6280 1148
Weblink: https://tinyurl.com/ymhxpd45
10:00 AM Capital SFB Ltd
(Results, Investor/Analyst Presentation, Press Release )
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/42em4bbt
11:00 AM Quess Corp
Dial: +91 22 6280 1259
Weblink: https://tinyurl.com/48e5vppc
11:00 AM Ajmera Realty
(Investor/Analyst Presentation)
Dial: +91 22 6280 1341
Weblink: https://tinyurl.com/mr29kbst
(Hosted by Valorem)
11:00 AM CAMS
(Results, Investor/Analyst Presentation)
Dial: +91 22 6280 1550
Weblink: https://tinyurl.com/327a2dej
11:00 AM HG Infra Engg
Dial: +91 22 6280 1557
Weblink: https://tinyurl.com/yc2ybzf7
11:00 AM Suryoday Small Finance Bank
Dial: 022 6280 1143
Weblink: https://tinyurl.com/45xz9z47
11:00 AM BPCL
Dial: 9122 6280 1143
Weblink: https://tinyurl.com/dfakt9vy
12:00 PM HPCL
(Results, Press Release )
Dial: +91 22 6280 1342
Weblink: https://tinyurl.com/yc7264ha
12:00 PM Capri Global
Dial: +91 22 6280 1557
Weblink: https://tinyurl.com/vf4rc7pc
2:00 PM Hester Bios
Weblink: https://tinyurl.com/4t6cnk69
3:00 PM Alkyl Amines
(Results)
Dial: +91 22 6280 1148
3:00 PM Navneet
Dial: +91 22 6280 1455
Weblink: https://tinyurl.com/3nps564w
3:00 PM Vardhman Text
Dial: +91226280 1222
Weblink: https://tinyurl.com/mr2bpdpx
3:30 PM Dr Lal PathLab
Dial: +91 22 6280 1141
Weblink: https://tinyurl.com/y28zfktf
3:30 PM CARE Ratings
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/bdejx6fw
4:00 PM Ksolves India
Weblink: https://tinyurl.com/4xkedxp9
4:00 PM Mahanagar Gas
Dial: +91 22 6280 1325
Weblink: https://tinyurl.com/4e9wn5b7
4:00 PM ADF Foods
Dial: +91 22 6280 1107
Weblink: https://tinyurl.com/3sk7t3cr
4:00 PM Balaji Amines
Dial: +91 22 6280 1146
Weblink: https://tinyurl.com/2y25kb37c
4:00 PM Timken
Dial: +91 22 6280 1230
Weblink: https://tinyurl.com/399zfe8n
4:00 PM Relaxo Footwear
Dial: +91 22 6280 1384
Weblink: https://tinyurl.com/26j8j8sy
4:00 PM Nitin Spinners
Dial: 022 6280 1474
Weblink: https://tinyurl.com/yc3k9c24
4:30 PM GE Shipping
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4:30 PM TCI Express
Weblink: https://tinyurl.com/2nppuehz
4:30 PM Sapphire Foods
Dial: +91 22 6280 1550
Weblink: https://tinyurl.com/3e9kjbax
4:30 PM Cipla
Dial: +91 22 6280 1562
Weblink: https://tinyurl.com/5a9sebjc
5:00 PM Bank of Baroda
Weblink: https://tinyurl.com/yfpbbr7h
5:00 PM VIP Industries
Dial: +91 22 6280 1341
Weblink: https://tinyurl.com/yn3c6baf
( Hosted by Adfactors )
5:00 PM Polycab India
Dial: +91 22 6280 1443
Weblink: https://tinyurl.com/mrksft9z
5:30 PM Kalyan Jewellers
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/5e9rjjun
6:00 PM Dilip Buildcon
Dial: +91 22 6280 1268
Weblink: https://tinyurl.com/y83frc9j
6:30 PM Tata Motors
Weblink: https://tinyurl.com/2wkkc85v
Hikal : (replay)
https://www.researchbytes.com/webcast.aspx?WID=299871
Escorts : (replay)
https://www.researchbytes.com/webcast.aspx?WID=299869
Alembic Pharma : (replay)
https://www.researchbytes.com/webcast.aspx?WID=299868
Nath Bio-Genes : (replay)
https://www.researchbytes.com/webcast.aspx?WID=299860
Datamatics Glob : (replay)
https://www.researchbytes.com/webcast.aspx?WID=299862
Tara Chand InfraLogisti : (replay)
https://www.researchbytes.com/webcast.aspx?WID=299866
Kirloskar Oil : (replay)
https://www.researchbytes.com/webcast.aspx?WID=299867
Rushil Decor : (replay)
https://www.researchbytes.com/webcast.aspx?WID=299863
SULA VINEYARDS : (replay)
https://www.researchbytes.com/webcast.aspx?WID=299864
VST Tillers : (replay)
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Results today …
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Recent interviews …
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- May 10, 2024 07:43
Stock market live updates: Economic Calendar – 10.05.2024
11:30 U.K. GDP m/m (Expected: 0.1% versus Previous: 0.1%)
19:30 U.S. Prelim UoM Consumer Sentiment (Expected: 76.3 versus Previous: 77.2)
Economic Calendar – 11.05.2024
China CPI (Est. 0.2% versus Prev. 0.1%)
- May 10, 2024 07:43
Stock market live updates: Major US listed stocks result calendar 10.05.2024
Enbridge Inc (Pre market) (Sector- Energy)
CRH PLC (Pre market) (Sector- Infrastructure)
Brookfield Renewable Corporation (TENT) (Sector- Power)
- May 10, 2024 07:42
Stock market live updates: Stocks that will see action today May 10
Gold ETFs: Gold exchange traded funds will remain in focus, as investors will buy paper gold on the auspicious occasion of Akshaya Tritiya. Read more
- May 10, 2024 07:17
Stock market live updates: Escorts Kubota Ltd
Escorts Kubota Ltd. | CMP Rs. 3433 | M Cap Rs. 37934 Cr | 52 W H/L 3570/1964
(Nirmal Bang Retail Research)
Result inline with expectation
Revenue from Operations came at Rs. 2082.5 Cr (-10.3% QoQ, -4.6% YoY) vs expectation of Rs. 2072.3 Cr, QoQ Rs. 2320.4 Cr, YoY Rs. 2183 Cr
EBIDTA came at Rs. 265.9 Cr (-15% QoQ, 12.8% YoY) vs expectation of Rs. 264.1 Cr, QoQ Rs. 312.7 Cr, YoY Rs. 235.8 Cr
EBITDA Margin came at 12.8% vs expectation of 12.7%, QoQ 13.5%, YoY 10.8%
Adj. PAT came at Rs. 242.1 Cr vs expectation of Rs. 235.2 Cr, QoQ Rs. 277.3 Cr, YoY Rs. 209.9 Cr
Quarter EPS is Rs. 21.9
Stock is trading at P/E of 31.8x FY25E EPS
- May 10, 2024 07:17
Stock market live updates: Hindustan Petroleum Corporation Ltd
Hindustan Petroleum Corporation Ltd. | CMP Rs. 505 | M Cap Rs. 71608 Cr | 52 W H/L 595/239
(Nirmal Bang Retail Research)
Result marginally below expectation
Revenue from Operations came at Rs. 114556.9 Cr (2.9% QoQ, 6.1% YoY) vs expectation of Rs. 109746.7 Cr, QoQ Rs. 111306.3 Cr, YoY Rs. 107927.8 Cr
EBIDTA came at Rs. 4803.8 Cr (122% QoQ, 0.1% YoY) vs expectation of Rs. 5018.9 Cr, QoQ Rs. 2163.6 Cr, YoY Rs. 4798.6 Cr
EBITDA Margin came at 4.2% vs expectation of 4.6%, QoQ 1.9%, YoY 4.4%
Adj. PAT came at Rs. 2843.8 Cr vs expectation of Rs. 2938.7 Cr, QoQ Rs. 529 Cr, YoY Rs. 3222.6 Cr
Quarter EPS is Rs. 20
Stock is trading at P/E of 7.2x FY25E EPS
Bonus 1 share for every 2 share held
- May 10, 2024 07:16
Stock market live updates: Vardhman Textiles Ltd
Vardhman Textiles Ltd. | CMP Rs. 443 | M Cap Rs. 12810 Cr | 52 W H/L 476/311
(Nirmal Bang Retail Research)
Result marginally ahead of Expectation
Revenue from Operations came at Rs. 2459.4 Cr (5.6% QoQ, -1.1% YoY) vs expectation of Rs. 2516.6 Cr, QoQ Rs. 2329.5 Cr, YoY Rs. 2485.6 Cr
EBIDTA came at Rs. 308.2 Cr (26.2% QoQ, 17.6% YoY) vs expectation of Rs. 298.8 Cr, QoQ Rs. 244.2 Cr, YoY Rs. 262 Cr
EBITDA Margin came at 12.5% vs expectation of 11.9%, QoQ 10.5%, YoY 10.5%
Adj. PAT came at Rs. 200.6 Cr vs expectation of Rs. 193.6 Cr, QoQ Rs. 160.2 Cr, YoY Rs. 158.7 Cr
Quarter EPS is Rs. 6.9
Stock is trading at P/E of 12.4x FY25E EPS
- May 10, 2024 07:16
Stock market live updates: Punjab National Bank Ltd
Punjab National Bank Ltd. | CMP Rs. 124 | M Cap Rs. 136537 Cr | 52 W H/L 142/47
(Nirmal Bang Retail Research)
Result is above expectations led by lower credit cost
Advances came at Rs. 934431 Cr (12% YoY, 2% QoQ)
Net Interest Income came at Rs. 10363 Cr vs expectation of Rs. 10341 Cr, YoY Rs. 9499 Cr, QoQ Rs. 10293 Cr
Non Interest Income came at Rs. 4248 Cr vs expectation of Rs. 3770 Cr, YoY Rs. 3420 Cr, QoQ Rs. 2674 Cr
PBP came at Rs. 6416 Cr vs expectation of Rs. 7171 Cr, YoY Rs. 5866 Cr, QoQ Rs. 6331 Cr
Provisions came at Rs. 1588 Cr vs expectation of Rs. 2501 Cr, YoY Rs. 3831 Cr, QoQ Rs. 2739 Cr
Credit Cost came at 0.7% vs QoQ 1.2% & YoY 1.8%
Adj. PAT came at Rs. 3010 Cr vs expectation of Rs. 2277 Cr, YoY Rs. 1159 Cr, QoQ Rs. 2223 Cr
Gross NPA came at Rs. 56343 Cr vs QoQ Rs. 60371 Cr at 5.73% vs QoQ 6.24%
Net NPA came at Rs. 6799 Cr vs QoQ Rs. 8816 Cr at 0.73% vs QoQ 0.96%
Slippages are awaited
Quarter EPS is Rs. 2.7
Stock is trading at P/E of 10.3x FY25E EPS & 1.4x trailing P/Adj. BV
- May 10, 2024 07:15
Stock market live updates: Shanthi Gears Ltd
Shanthi Gears Ltd. | CMP Rs. 570 | M Cap Rs. 4371 Cr | 52 W H/L 645/355
(Nirmal Bang Retail Research)
Result is ok
Revenue from Operations came at Rs. 153.6 Cr (22.4% QoQ, 24.5% YoY) vs QoQ Rs. 125.5 Cr, YoY Rs. 123.4 Cr
EBIDTA came at Rs. 26.6 Cr (14% QoQ, -0.2% YoY) vs QoQ Rs. 23.4 Cr, YoY Rs. 26.7 Cr
EBITDA Margin came at 17.3% vs QoQ 18.6%, YoY 21.6%
Adj. PAT came at Rs. 25.7 Cr vs QoQ Rs. 17.4 Cr, YoY Rs. 19.5 Cr
Quarter EPS is Rs. 3.3
Stock is trading at P/E of 53.1x TTM EPS
- May 10, 2024 07:15
Stock market live updates: State Bank of India Ltd
State Bank of India Ltd. | CMP Rs. 816 | M Cap Rs. 728248 Cr | 52 W H/L 794/525
(Nirmal Bang Retail Research)
Result is above expectations
Advances came at Rs. 3703971 Cr (16% YoY, 5.2% QoQ)
Net Interest Income came at Rs. 41655 Cr vs expectation of Rs. 40829 Cr, YoY Rs. 40393 Cr, QoQ Rs. 39816 Cr
Non Interest Income came at Rs. 17369 Cr vs expectation of Rs. 13159 Cr, YoY Rs. 13961 Cr, QoQ Rs. 11459 Cr
PBP came at Rs. 28748 Cr vs expectation of Rs. 19807 Cr, YoY Rs. 24621 Cr, QoQ Rs. 20336 Cr
Provisions came at Rs. 1610 Cr vs expectation of Rs. 2090 Cr, YoY Rs. 3316 Cr, QoQ Rs. 688 Cr
Credit Cost came at 0.2% vs QoQ 0.1% & YoY 0.4%
Adj. PAT came at Rs. 20698 Cr vs expectation of Rs. 13442 Cr, YoY Rs. 16695 Cr, QoQ Rs. 9164 Cr
Gross NPA came at Rs. 84276 Cr vs QoQ Rs. 86749 Cr at 2.24% vs QoQ 2.42%
Net NPA came at Rs. 21051 Cr vs QoQ Rs. 22408 Cr at 0.57% vs QoQ 0.64%
Quarter EPS is Rs. 23
Slippages are awaited
Stock is trading at P/E of 11.3x FY25E EPS & 1.6x trailing P/Adj. BV
SBI Q4 metrics from PPT
•u0009NIM came at 3.30% vs QoQ 3.22%
•u0009Net Slippages came at Rs. 3984 Cr vs QoQ Rs. 5046 Cr at 0.43% vs QoQ 0.57%
•u0009O/s Restructured book came at Rs. 17279 Cr vs QoQ Rs. 18880 Cr at 0.47% vs QoQ 0.54%
•u0009SMA 1+2 came at 9 bps vs QoQ 12 bps
•u0009ROA at 1.36% is at multi year highs
- May 10, 2024 07:14
Stock market live updates: Asian Paints Ltd
Asian Paints Ltd. | CMP Rs. 2800 | M Cap Rs. 268575 Cr | 52 W H/L 3568/2766
(Nirmal Bang Retail Research)
Result is below expectations
Revenue from Operations came at Rs. 8730.8 Cr (-4.1% QoQ, -0.6% YoY) vs expectation of Rs. 9126.7 Cr, QoQ Rs. 9103.1 Cr, YoY Rs. 8787.3 Cr
EBIDTA came at Rs. 1691.4 Cr (-17.7% QoQ, -9.3% YoY) vs expectation of Rs. 1943.8 Cr, QoQ Rs. 2056.1 Cr, YoY Rs. 1864.8 Cr
EBITDA Margin came at 19.4% vs expectation of 21.3%, QoQ 22.6%, YoY 21.2%
Adj. PAT came at Rs. 1256.7 Cr vs expectation of Rs. 1347.2 Cr, QoQ Rs. 1447.7 Cr, YoY Rs. 1258.8 Cr
Quarter EPS is Rs. 13.1
Stock is trading at P/E of 43.4x FY26E EPS
- May 10, 2024 07:14
Stock market live updates: Alkyl Amines Chemicals Ltd
Alkyl Amines Chemicals Ltd. | CMP Rs. 2042 | M Cap Rs. 10440 Cr | 52 W H/L 2798/1805
(Nirmal Bang Retail Research)
Result is above expectations
Revenue from Operations came at Rs. 356.6 Cr (10.7% QoQ, -13.4% YoY) vs expectation of Rs. 332 Cr, QoQ Rs. 322.1 Cr, YoY Rs. 411.7 Cr
EBIDTA came at Rs. 68.9 Cr (15.5% QoQ, -10.5% YoY) vs expectation of Rs. 59.5 Cr, QoQ Rs. 59.6 Cr, YoY Rs. 76.9 Cr
EBITDA Margin came at 19.3% vs expectation of 17.9%, QoQ 18.5%, YoY 18.7%
Adj. PAT came at Rs. 38.5 Cr vs expectation of Rs. 33 Cr, QoQ Rs. 33.4 Cr, YoY Rs. 48.6 Cr
Quarter EPS is Rs. 7.5
Stock is trading at P/E of 30.8x FY26E EPS
- May 10, 2024 07:13
Stock market live updates: Timken India Ltd
Timken India Ltd. | CMP Rs. 3451 | M Cap Rs. 25958 Cr | 52 W H/L 3576/2490
(Nirmal Bang Retail Research)
Result is above expectations
Revenue from Operations came at Rs. 897.8 Cr (46.6% QoQ, 11.9% YoY) vs expectation of Rs. 765.5 Cr, QoQ Rs. 612.2 Cr, YoY Rs. 802.5 Cr
EBIDTA came at Rs. 198.7 Cr (93.9% QoQ, 29.9% YoY) vs expectation of Rs. 137.6 Cr, QoQ Rs. 102.5 Cr, YoY Rs. 152.9 Cr
EBITDA Margin came at 22.1% vs expectation of 18%, QoQ 16.7%, YoY 19.1%
Adj. PAT came at Rs. 141.4 Cr vs expectation of Rs. 94.5 Cr, QoQ Rs. 67.5 Cr, YoY Rs. 104.5 Cr
Quarter EPS is Rs. 18.8
Stock is trading at P/E of 46x FY26E EPS
- May 10, 2024 07:13
Stock market live updates: Goldman Sachs downgrades M&M Financial Services (MMFS) to Sell
Goldman Sachs Downgrade M&M Financial Services (MMFS) to Sell, expect ROAs to be lower than management guidance; Lower TP by 13% to Rs 233 (from Rs 269). Reiterate Buy on Shriram Finance: better visibility, stronger fundamentals
- May 10, 2024 07:12
Stock market live updates: Researchbytes Analyst App
https://play.google.com/store/apps/details?id=com.intelegain.rb
Recent Interview…
As of 17:52 PM Thursday 09 May 2024
Arvind: Punit Lalbhai, ED
Arvind Ltd: Strong Volume Growth In Graments, What’s The Strategy For Reducing Net Debt?
Balaji Amines: D Ram Reddy, MD
Expect A Minimum Volume Growth Of 10% In FY25: Balaji Amines
Canara Bank: Satyanarayana Raju, ED
Draft Norms On Project Financing Will Not Impact NIM Or Credit Cost: Canara Bank
Canara Bank: Satyanarayana Raju, ED
Canara Bank: FY25 Growth Outlook | Confident Of Achieving 12% Advances Growth
ESAF Small Fina: Kadambelil Paul Thomas, MD & CEO
Is ESAF SFB’s 57% Profit Drop In Q4 Cause For Concern With Rising Provisions?
Greaves Cotton: Akhila Balachandar, CFO
Greaves Cotton: Unraveling Performance and Future Strategies – What Lies Ahead?
Home First Fina: Manoj Viswanathan., CEO
Expect To Maintain Net Interest Margin At 5.5% For The Next Couple Of Qtrs: Home First Finance
India Shelter F: Rupinder Singh, MD & CEO
India Shelter: Support From Govt For Affordable Housing, What’s The Company Plan For Future Growth?
JSW Energy: Sharad Mahendra, Jt MD & CEO
Enabling Provision For Fund Raising Has Been Taken: JSW Energy
JG Chemicals: Anuj Jhunjhunwala, Director & CFO
JG Chemicals: Navigating Growth Opportunities and Financial Strategies
Events today…
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Results today…
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Replays available at www.researchbytes.com
- May 10, 2024 07:11
Stock market live updates: Fund Flow Activity: 09 May 2024 (Rs. In Crs.)
Turnover: (NSE + BSE)
Cash Volume: 102204.55 + 7232.34 Total: 109436.89
F&O Volume: 500060.63 + 1425290.37 Total: 1925351
Provisional Cash
FII/FPI: NET SELL: -6994.86
(11353.03 – 18347.89)
DII: NET BUY: +5642.53
(16351.32 – 10708.79)
- May 10, 2024 07:11
Stock market live updates: Markets at close on 9 May, 2024
Closing Bell:
* Sensex: 72404.17(-1062.22)
* Nifty 50: 21957.50( -345.00)
* Nifty bank: 47487.90 (-533.20)
Nifty top 5 Gainers:
* Heromoto: 4,764.90 (+151.00)
* Tata Motors :1,030.30 (+18.20)
* M&M: 2,212.55 (+30.15)
* Bajaj Auto: 8,846.85 (+97.45)
* SBI: 819.80(+9.00)
Nifty top 5 losers:
* Larsen: 3,275.45 (-211.40)
* Asian Paints: 2,710.10 (-133.20)
* BPCL: 592.15 (-28.15 )
* Coal India: 443.50 (-20.95 )
* ONGC: 265.25 (-11.60)
- May 10, 2024 06:59
Stock market live updates: SBI posts record profit in Q4 on rise in income, leash on spend
State Bank of India (SBI) reported its highest standalone quarterly net profit at ₹20,698 crore in the fourth quarter due to robust growth in non-interest income, including treasury income, tight rein on operating expenses and write-back in standard asset provisions and other provisions. Read more
- May 10, 2024 06:58
Stock market live updates: IHCL expands focus in wildlife, adventure travel with new partnership
Indian Hotels Company Ltd (IHCL) has expanded its partnership with CG Hospitality to tap hotel development opportunities in Himalayan States, wildlife parks and the Indian Ocean region. Read more
- May 10, 2024 06:57
Stock market live updates: BPCL net profit declines 30% y-o-y on lower margins, higher costs
State-run Bharat Petroleum Corporation (BPCL) on Thursday reported a 30 per cent decline in consolidated net profit at ₹4,790 crore in Q4 FY24 on account of lower refining margins and elevated costs. Read more
- May 10, 2024 06:56
Stock market live updates: Mahindra Logistics working toward ₹10,000-cr revenue by FY26
Mahindra Logistics is working to get to a revenue of ₹10,000 crore in FY26 by which time it expects the B2B express business, that it acquired in 2022, to have stabilised, reduced cashburn and contributing in a meaningful way to the company, MD & CEO Rampraveen Swaminathan told businessline. Read more
- May 10, 2024 06:49
Stock market live updates: Today’s Stock Recommendation: May 10, 2024: NLC India sell
- May 10, 2024 06:47
Stock market live updates: HPCL net profit declines 25 per cent on lower refining margins, higher costs
State-run Hindustan Petroleum Corporation (HPCL) on Thursday reported a 25 per cent year-on-year (y-o-y) decline in its consolidated net profit of ₹2,709 crore in Q4 FY24 on account of lower refining margins and higher costs. Read more
- May 10, 2024 06:44
Stock market live updates: Byju’s faces uphill sales battle during prime admission period
Cash-strapped Byju’s faces a concerning dilemma as the company’s sales figures show no signs of improvement, according to people in the know. Read more
- May 10, 2024 06:43
Stock market live updates: L&T to scale up power capacity of electrolysers to 4 MW
Larsen & Toubro (L&T) will scale up the power capacity of its electrolyser to 4 megawatts (MW) and is eyeing domestic orders in FY25-26. Read more
- May 10, 2024 06:42
Stock market live updates: Intellect Design Arena crosses ₹2,500 crore revenue mark in a fiscal
Intellect Design Arena Ltd, the Chennai-based fintech company reported a reduced net profit of ₹85 crore in the fourth quarter ended March 31, 2024, as against ₹91 crore in the corresponding quarter last year. Read more
- May 10, 2024 06:41
Stock market live updates: Stock to sell today: NLC India (₹213): SELL
The short-term outlook for NLC India is bearish. The stock has been facing strong resistance around ₹228 over the last few days. The price action indicates the presence of strong sellers around ₹228. Read more
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