Stock Market Live Updates 12 August 2024: Stock to buy today: Oil India (₹643.95): BUY

Stock market live updates today: Nova Agritech

Q1 Sl Net Profit 1.1b Rupees Vs 392m (yoy); 1.1b (qoq) || Q1 Revenue 10.6b Rupees Vs 9.3b (yoy)

Electrotherm: Q1 Ebitda 1.3b Rupees Vs 725m (yoy) || Q1 Ebitda Margin 12.56% Vs 7.79% (yoy)

Stock market live updates today: Electrotherm

Q1 Sl Net Profit 1.1b Rupees Vs 392m (yoy); 1.1b (qoq) || Q1 Revenue 10.6b Rupees Vs 9.3b (yoy)

Electrotherm: Q1 Ebitda 1.3b Rupees Vs 725m (yoy) || Q1 Ebitda Margin 12.56% Vs 7.79% (yoy)

Stock market live updates today: APL Apollo Tubes

Q1 Cons Net Profit 1.9b Rupees Vs 1.9b (yoy); 1.7b (qoq) || Q1 Revenue 49b Rupees Vs 45b (yoy)

APL Apollo Tubes: Q1 Ebitda 3.02b Rupees Vs 3.1b (yoy) || Q1 Ebitda Margin 6.07% Vs 6.76% (yoy)

Stock market live updates today: Autoline Industries

Q1 Cons Net Profit 53m Rupees Vs 13m (yoy); 71m (qoq) || Q1 Revenue 1.5b Rupees Vs 1.5b (yoy)

Autoline Industries: Q1 Ebitda 159m Rupees Vs 101m (yoy) || Q1 Ebitda Margin 10.51% Vs 6.74% (yoy)

Stock market live updates today: Praveg

Q1 Cons Net Profit 7.6m Rupees Vs 12m (yoy); 16m (qoq) || Q1 Revenue 234m Rupees Vs 120m (yoy)

Praveg: Q1 Ebitda 63m Rupees Vs 45m (yoy) || Q1 Ebitda Margin 27.05% Vs 37.26% (yoy)

Stock market live updates today: UPL step-down subsidiary to invest up to 49% of the capital of UICL, which will result in UICL becoming an associate entity 

UPL Hong Kong, a step-down subsidiary of UPL, is proposing to invest up to 49% of the capital of UICL, which will result in UICL becoming an associate entity. 

Thus, it will become a related party upon completion of the investment and the entity getting classified as an associate entity.

49% shares will be held by UPL Hong Kong which is a step-down subsidiary of the Company. Jiangsu Jingfu International Trading Company Limited will hold 20% and Stallions Investment Management will hold 31% in the China entity.is proposing to invest up to 49% of the capital of UICL which will result in UICL becoming an associate entity. 

Thus, it will become a related party upon completion of the investment and the entity getting classified as an associate entity.

49% shares will be held by UPL Hong Kong which is a step-down subsidiary of the Company. Jiangsu Jingfu International Trading Company Limited will hold 20% and Stallions Investment Management will hold 31% in the China entity.

Stock market live updates today: METROPOLIS

Q1 V ESTIMATES 

Net profit at Rs 37.9 cr vs CNBC-TV18 poll of Rs 36.2 cr

Revenue at Rs 313 cr vs CNBC-TV18 poll of Rs 311.6 cr

EBITDA at Rs 78 cr vs CNBC-TV18 poll of Rs 75.5 cr

Margin at 25% vs CNBC-TV18 poll 24.2%

Stock market live updates today: NARMADA AGROBASE

Q1 : NET PROFIT UP 818 % AT 1.01 CR (YOY),UP 66 % (QOQ)

REVENUE UP 54 % AT 12.26 CR (YOY) ,DOWN 35 % (QOQ)

EBITDA UP 259 % AT 1.58 CR (YOY),UP 40 %(QOQ) 

MARGINS AT 12.88 % V 5.54 % (YOY), 6 % (QOQ)

Stock market live updates today: KWALITY PHARMA

Q1 :CONS NET PROFIT UP 55 % AT 11.11 CR (YOY),DOWN 15 % (QOQ)

REVENUE UP 19 % AT 80.07 CR (YOY) ,DOWN 13 % (QOQ)

EBITDA UP 26 % AT 17.33 CR (YOY),DOWN 16 %(QOQ) 

MARGINS AT 21.65 % V 20.38 % (YOY), 22.4 % (QOQ)

Stock market live updates today: FLAIR WRITING

Q1 :CONS NET PROFIT DOWN 18 % AT 26.4 CR (YOY), DOWN 23% (QOQ)

REVENUE FLAT % AT 247 CR (YOY) ,DOWN 1 % (QOQ)

EBITDA DOWN 20 % AT 42 CR (YOY),DOWN 17 %(QOQ) 

MARGINS AT 17 % V 21.2 % (YOY),20.2 % (QOQ)

Stock market live updates today: TVS ELECTRONICS

Q1 : NET LOSS AT 1.26 CR V 0.32 CR PROFIT (YOY), 0.57 CR PROFIT (QOQ)

REVENUE UP 24 % AT 111.3 CR (YOY) ,UP 15 % (QOQ)

EBITDA UP 23 % AT 3.16 CR (YOY),UP 22 %(QOQ) 

MARGINS AT 2.83 % V 2.85 % (YOY),2.67 % (QOQ)

Stock market live updates today: ADVANCED ENZYME TECHNOLOGIES

Q1 CONS NET PROFIT 342M RUPEES VS 288M (YOY) Q1 REVENUE 1.5B RUPEES VS 1.47B (YOY)

Q1 EBITDA 512M RUPEES VS 439M (YOY) Q1 EBITDA MARGIN 33.14% VS 29.80% (YOY)

Stock market live updates today: Chhattisgarh Government terminates agreement with Tata Tech
Project and termination of the MoA

Tata Tech has received a letter from the Chhattisgarh Government informing it about closure of the project and termination of the MoA as they are exploring alternate options to meet the project objectives. The agreement was executed on July 22, 2023. According to the terms of the MoA, the Company was the lead industry partner for executing the project under the MoA, which primarily entailed upgrading 36 ITIs as Center of Excellence (CoE), in Chhattisgarh

Stock market live updates today: LEHAR FOOTWEARS; WINS RS 298 CR ORDER

Co. has entered into an agreement with National Small Industries Corporation Ltd. for supply of Toolkit worth Rs. 298.0 Crores to enhance capability and productivity of artisans and crafts people registered under PM Vishwakarma Scheme.

Time Period; 2 years from the date of agreement

Stock market live updates today: 2 IMPORTANT DOWNGRADES FROM KOTAK ON CHEMICAL COMPANIES

PI Industries – Downgrade the stock to REDUCE Rating

Downgrade the stock to REDUCE, after the recent run-up; we see optimism around pyroxasulfone as misplaced. 

DEEPAK NITRITE

Cut estimates , downgrade the stock to SELL after the sharp run-up, which, in our view, is unjustified 

slippage in the commissioning timeline of nitric acid and MIBK/C 

Cut EPS 1-8%

Stock market live updates today: WHAT HAPPENED OVERNIGHT

-> Risk stabilized during a quiet Friday in NY

-> SPX +0.47%, Nasdaq +0.51%

-> UST 10y yield lost 5 bps to 3.94%

-> Dovish Fedspeak catalyzed the move in treasuries

-> Fed’s Collins: “appropriate to begin easing soon if data comes in as expected”

-> JPY appreciated on lower US yields

-> Oil up 0.7% to $79.68/bbl

-> Next week will feature US consumer data (consumer earnings, retail sales) & core CPI

Stock market live updates today: CBOE VIX VOLATILITY INDEX FALLS TO 20.78, LOWEST SINCE BEFORE VOLATILITY SURGE ONE WEEK AGO, LAST AT 21.04

Stock market live updates today: Major U.S. listed stocks result calendar 12.08.2024 

Barrick Gold Corporation(Pre market) (Sector- Metals)

KE Holdings Inc(Pre market) (Sector- Realty)

Monday. com Ltd. (Pre market) (Sector- Technology)

Sun Life Financial Inc. (Post market) (Sector- Financial)

Shinhan Financial Group Co Ltd (TENT) (Sector- Financial)

Stock market live updates today: Economic Calendar – 12.08.2024

Japan Market Holiday

17.30 INDIA CPI y/y (Expected: 3.65% versus Previous: 5.08%) 

17.30 INDIA Index of Industrial Production y/y (Expected: 5.5% versus Previous: 5.9%) 

23:30 U.S. Federal Budget Balance (Expected: -254.3B versus Previous: -66.0B)

Stock market live updates today: Stock to buy today: Oil India (₹643.95): BUY

Oil India share price has risen very well over the last couple of weeks. On Friday, the stock surged 5 per cent and has closed the week on a strong note. Read more

Stock market live updates today: RBI’s thrust on reining in food inflation justified

The decision of RBI’s Monetary Policy Committee (MPC) to maintain status quo on the repo rate, while retaining its policy stance of “withdrawal of accommodation”, was in line with expectations. Read more

Stock market live updates today: Today’s Stock Recommendation: August 12, 2024

Stock market live updates today: Nifty and Bank Nifty Prediction for the week 12 Aug’24 to 16 Aug’24 by BL GURU

Stock market live updates today: Industry veterans back SEBI chairperson amid calls for JPC probe

A number of industry veterans rubbished the allegations made by Hindenburg Research and came out in support of SEBI chair Madhabi Puri Buch on social media, even as a section of political parties called for a Joint Parliamentary Committee (JPC) probe. Read more

Stock market live updates today: SEBI chief Madhabi Puri, husband call Hindenburg allegations ‘baseless and insinuations’

SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch refuted the allegations made against them by American short-seller Hindenburg Research terming them as baseless and insinuations aimed at character assassination. Read more