Tata Steel reported an increase of 661% in its consolidated net profit to Rs 11,918 crore for the second quarter.
The stock opened at Rs 544.35 apiece on the National Stock Exchange (NSE) and at Rs 548 on the BSE.
Tata Steel, Sun Pharma, Nestle India, Kotak Mahindra Bank & Tech Mahindra were among the top gainers. While Powergrid & Bajaj Auto were the losers.
Petrol, diesel prices today: In Delhi, petrol is available for Rs 103.97 a litre while diesel is available for Rs 86.67 a litre
Tata Steel reported a 661.34% surge in consolidated net profit to Rs 11918.11 crore on 56.45% rise in total income to Rs 61459.04 crore in Q2 FY22.
Asian stocks are mostly trading higher on Friday following overnight gains for tech stocks stateside as the Nasdaq Composite rebounded.
Anand Rathi is bullish on Balrampur Chini Mills with a price target of Rs 365 per share.
The statement said that it offers retail investors a new avenue for directly investing in the securities issued by the centre and the state government
Domestic operators dominated international operators in signings with the ratio of 57:43 in terms of inventory volume
Sensex closed at 59,919.69, down 433.13 points or 0.72%, while the Nifty declined 143.60 points or 0.80% to end the day at 17,873.60.