Share Market News August 9: Eicher Motors, Trent, Wockhardt, BDL, BPCL, HPCL, Kalyan Jewellers, other stocks to track on Friday
Share Market News August 9: A bunch of stocks are set to be in focus on Friday, including Eicher Motors, Trent, Wockhardt, BDL Shipping Corp, BHEL, Equitas SFB, Kalyan Jewellers, and BPCL.
Share Market News August 9: At around 7:00 am, GIFT Nifty futures - an early indicator of the Nifty50 index - were up 253 points or 1.05 per cent at 24,390 ahead of opening on Dalal Street. Domestic equity benchmarks fell about 0.7 per cent on Friday as selling pressure in spaces like IT and energy outweighed buying interest in financial stocks. The Sensex lost 581.8 points to end at 78,886.2 while the Nifty50 settled at 24,117, down 180.5 points from its previous close. A bunch of stocks are set to be in focus on Friday, including Eicher Motors, Trent, Wockhardt, BDL Shipping Corp, BHEL, Equitas SFB, Kalyan Jewellers, and BPCL.
Here's the list:
Eicher Motors
Royal Enfield parent Eicher Motors reported a 19.9 per cent year-on-year increase in its consolidated net profit to Rs 1,101 crore for the quarter ended June 30, exceeding analysts' expectations.
According to Zee Business research, Eicher Motors was estimated to log a net profit of Rs 1,000 crore for the first quarter of FY25. Read more on Eicher Motors results
See list of companies slated to report results on August 9
Dividend Stocks
As many as 40-odd stocks are scheduled to trade ex-dividend on Friday, including CEAT, City Union Bank, BHEL, Ramco Cements, Bharat Petroleum Corp, Hindustan Petroleum Corp, Equitas Small Finance Bank, Kalyan Jewellers, and Arvind Fashions. Check out the full list of stocks due to trade ex-dividend on Friday
Catch all the latest stock market updates here. For all other news related to business, market, tech and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.