Closing Index

 23 June 

BSE CLOSED @ 52306.08 ❌ 282.63 Points 

NSE CLOSED @ 15686.95 ❌ 85.80 Points

BankNifty Closed 34574.00 ❌ 171 Points 

India VIX Closed 15.3650 ✅ 0.6275 Points.

In News

Stocks in News

Krebs Biochemicals & Industries: A group or section of employees from Krebs workers and Staff Union at Nellore unit are remaining themselves absent from duties during various shifts in an unauthorized and unjustified manner. The company may face loss of production and hindrance in the operations due to the said strike of the workers.

Bharat Electronics: The company reported higher consolidated profit at Rs 1,368.15 crore in Q4FY21 against Rs 1,046.97 crore in Q4FY20, revenue jumped to Rs 6,917.47 crore from Rs 5,816.77 crore YoY.

Hero MotoCorp: The company will make an upward revision in the ex-showroom prices of its motorcycles and scooters, with effect from July 1, 2021, to partially offset the impact of continuous increase in commodity prices. The price hike across the range of motorcycles and scooters will be up to Rs 3,000.

GE Power India: The company reported higher consolidated profit at Rs 16 crore in Q4FY21 against Rs 14.87 crore in Q4FY20, revenue jumped to Rs 930.5 crore from Rs 732.68 crore YoY.

GSS Infotech: Promoter Raghunadha Rao Marepally acquired 1.02 lakh equity shares via open market transaction on June 16, increasing shareholding to 18.55% from 17.95% earlier.

Sobha: The company reported lower consolidated profit at Rs 17.9 crore in Q4FY21 against Rs 50.7 crore in Q4FY20, revenue fell to Rs 553.4 crore from Rs 910.1 crore YoY.

Results / Analysts Meet

Today's Results 

Results on June 23: Apollo Hospitals Enterprise, Asian Hotels (East), Allcargo Logistics, Andrew Yule & Company, Deepak Spinners, Empire Industries, HCC, MBL Infrastructures, Mcleod Russel India, Mercator, Munjal Showa, Precision Wires India, Schneider Electric Infrastructure, Sharon Bio-Medicine, Speciality Restaurants, Technofab Engineering, and V2 Retail will release quarterly earnings on June 23.

Analysts/Investors Meeting

Dixon Technologies (India): The company's officials will meet BOB Capital on June 23.

Welspun India: The company's officials will meet analysts/investors in Motilal Oswal Ideation Conference on June 23 and June 25.

Tata Consumer Products: The company's officials will meet Kotak Mahindra Asset Management Company on June 23, and UBS Securities India on June 25.

Greenlam Industries: The company's officials will meet analysts/investors on June 23.

Bharat Forge: The company's officials will meet Amansa capital on June 23, ICICI Prudential Life on June 24, and Hermes Fund Managers on June 25.

V2 Retail: The company's officials will meet analysts/investors on June 24.

Kirloskar Brothers: The company's officials will meet Motilal Oswal Securities on June 25.

Gland Pharma: The company's officials will meet Somerset Capital on June 23, and Capital World on June 30.

Infibeam Avenues: The company's officials will meet Electrum Capital on June 23.

Gokaldas Exports: The company's officials will meet AUM Advisors, Ashmore India, Oysterrock Capital, Family Office Group, DSP Investment Managers, Banyan Capital, and KSA Securities on June 23.