Stock Market LIVE Updates: GIFT Nifty suggests a weak start; US markets fall, Asia gains

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The company has emerged as the L1 bidder for a road project worth Rs 864.97 crore by the National Highways Authority of India (NHAI) in Punjab. The bid price for the project was Rs 923 crore. The project involves the development of a 6-lane greenfield southern Ludhiana bypass as part of the Ludhiana-Ajmer Economic Corridor on a Hybrid Annuity Mode in Punjab.

The Indian Ministry of Defence has found the joint bid by Thyssenkrupp Marine Systems (TKMS) and Mazagon Dockyard (MDL) for the construction of six conventional submarines under Project 75 (India) [P75(I)] to be compliant, according to CNBC-TV18.

NIFTY Pharma Top Stock Losers (Intra-day)
Company CMP Chg(%) Volume
Laurus Labs 542.40 -10 6.31m
Gland 1,486.50 -4.59 44.19k
Granules India 559.10 -3.93 538.91k
Natco Pharma 1,211.85 -3.57 100.94k
Mankind Pharma 2,422.40 -3.37 128.18k
Biocon 375.45 -3.3 966.55k
Ajanta Pharma 2,714.30 -2.94 13.70k
Ipca Labs 1,480.75 -2.32 44.61k
Aurobindo Pharm 1,185.85 -2.17 104.47k
Lupin 2,093.55 -1.91 112.54k
Glenmark 1,426.85 -1.6 47.53k
JB Chemicals 1,751.95 -1.57 5.74k
Zydus Life 942.90 -1.54 133.36k
Abbott India 26,999.95 -1.04 2.10k
Divis Labs 5,703.35 -1.03 43.80k
Sun Pharma 1,805.30 -0.93 226.11k
Cipla 1,398.50 -0.91 258.24k
Alkem Lab 4,981.30 -0.82 18.17k
Dr Reddys Labs 1,220.10 -0.35 379.88k

The RPG Group company has secured orders worth Rs 1,445 crore for ± 800 kV HVDC & 400 kV transmission lines from Power Grid Corporation of India. With these orders, its year-to-date order intake has surpassed Rs 22,000 crore.

#1 Beat on earnings; green shoots visible

#2 Q4 to witness further improvement in financial performance

#3 Improved segmental mix, operating leverage drive margin YoY

#4 Management has reiterated 20 percent EBITDA margin guidance for FY25

BSE PSU Top Stock Losers (Intra-day)

Shares of Capital Numbers Infotech listed at Rs 274 per share on the BSE platform, a flat premium of 4.18 percent….Read More

#1 Profit grows 35.2 percent to Rs 50.6 crore Vs Rs 37.4 crore, YoY

#2 Revenue jumps 22.9 percent to Rs 245.3 crore Vs Rs 199.6 crore, YoY

#1 Profit spikes 130.3 percent to Rs 104.05 crore Vs Rs 45.2 crore, YoY

#2 Revenue grows 30.9 percent to Rs 648.8 crore Vs Rs 495.6 crore, YoY

The Sensex was down 366.28 points or 0.48 percent at 75,822.21, and the Nifty was down 121.20 points or 0.52 percent at 22,971. About 543 shares advanced, 2711 shares declined, and 146 shares unchanged.

NIFTY Smallcap 100 Top Stock Losers (Intra-day)
Company CMP Chg(%) Volume
CreditAccess Gr 783.50 -14.52 2.30m
Tejas Networks 882.75 -11.17 1.31m
Laurus Labs 550.15 -8.71 5.37m
CDSL 1,382.00 -7.88 3.44m
Swan Energy 552.80 -6.23 774.63k
Kaynes Tech 5,282.35 -6.15 217.81k
Trident 29.17 -6.08 4.94m
Inox Wind 135.06 -5.48 4.84m
Apar Ind 8,821.70 -5.26 25.80k
CAMS 3,886.60 -5.23 138.83k
ITI 327.15 -4.99 70.13k
360 ONE WAM 1,072.55 -4.87 78.96k
Sterling Wilson 323.00 -4.61 1.31m
KEC Intl 795.50 -4.6 489.74k
Piramal Enter 947.15 -4.37 122.51k
Blue Star 1,763.25 -4.32 141.91k
Garden Reach Sh 1,473.00 -4.15 91.13k
Raymond 1,478.35 -3.98 115.41k
Affle India 1,476.80 -3.97 52.99k
Action Const 1,188.05 -3.89 121.43k

#1 Profit declines 14.2 percent to Rs 498.3 crore Vs Rs 581 crore, YoY

#2 Revenue rises 3 percent to Rs 3,768.4 crore Vs Rs 3,659.6 crore, YoY

#3 EBITDA drops 10.08 percent to Rs 755.9 crore Vs Rs 840.7 crore, YoY

#4 Margin slips to 20.05 percent Vs 23 percent, YoY