Share market today: After falling for two consecutive days, the stock market closed on Thursday. On Thursday, the Sensex closed at the level of 52300 with a gain of 358 points and the Nifty gained 102 points at the level of 15737. Know about what will be the direction of the market today and which stocks should be kept an eye on. Today is also the last trading session of the week.
Adani Group: On Thursday, news came that the Adani Group is in the idea of separating its airport business from Adani Enterprises and with this the IPO of Adani Airport will also be brought. Apart from this, news of Adani Wilmar’s $ 1 billion IPO also came to the fore. After this news came out, there was a mixed reaction in the six listed companies of Adani Group. Even today these six stocks can be monitored. These six companies are – Adani Enterprises, Adani Port & SEZ, Adani Transmission, Adani Power, Adani Total Gas and Adani Green Energy.
Bata India: Bata India’s results for the March quarter have come down, despite this the stock registered a jump of about 5 percent. Net profit declined by 23.20 per cent on a year-on-year basis for the quarter and stood at 29.4 crores. There was a decline of 4.9 percent in revenue and it stood at 590 crores. A dividend of Rs 4 per share has been issued by the company.
Gail India share: GAIL India’s result for the March quarter has been excellent. Net profit jumped 28% year-on-year and stood at Rs 1908 crore. However, there was a decline of 0.10 percent in revenue and it was 15449 crores.
Mazagon Dock Mazagon Postal Shipbuilders’ March quarter results have been excellent. The company has made a profit of 231 crores in the March quarter. In March 2020, the company had a profit of only 41.55 crores. Operating revenue grew by 6 percent and stood at 1105 crores. The company’s total income in the March quarter was Rs 1378 crore. The stock had gained 2.19 percent on Thursday.
Yes Bank Share: Yes Bank board has approved a proposal to raise Rs 10,000 crore with the help of debt securities. On Thursday, the stock gained 3.17 percent. For the last two weeks, this stock is closing in the green mark. It gave a return of 6.55 per cent last week and 3 per cent in the previous week.
Century Plyboards shares: In the March quarter, the company’s net profit jumped by 115 crores and stood at 83 crores. Net revenue from operations grew by 41 per cent and stood at 738 crores. The company has been performing well in every product segment. Its stock had gained 5 percent on Thursday.
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(Disclaimer: Investing in the stock market is full of risks. In such a situation, before investing, definitely take the advice of your investment consultant.)