Closing Bell: Nifty ends above 11,900, Sensex up 248 points; Tata Steel surges 5%

: It was a strong close for the benchmark indices on May 27 with Nifty finished above 11,900 level.

At close, the Sensex was up 248.57 points at 39683.29, while the Nifty was up 80.70 points at 11924.80. About 1782 shares have advanced, 797 shares declined, and 160 shares are unchanged.

Tata Steel, Yes Bank, NTPC, IOC and L&T were the top gainers on the Nifty, while Zee Entertainment, IndusInd Bank, Reliance Industries, Tech Mahindra and Bharti Airtel were the major losers.

Among the sectors, except IT and pharma all other indices ended higher led by infra, metal, PSU bank, FMCG and energy.

Net profit up 4.7% at Rs 197.6 crore versus Rs 188.8 crore, revenue up 5.7% at Rs 1,154 crore versus Rs 1,092 crore, YoY
EBITDA at Rs 310.7 crore and margin down at 26.9%.

Net profit at Rs 10.3 crore versus Rs 5.9 crore, revenue up 19.8% at Rs 128.6 crore versus Rs 107.3 crore, YoY
EBITDA up 59.3% at Rs 20.6 crore and margin at 16% versus 12.1%.

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Net profit down 35.3% at Rs 39.2 crore, revenue up at Rs 1,060.5 crore. EBITDA down 33.9% at Rs 73 crore and margin at 6.9%, YoY.

: The benchmark indices holding on the gains with Nifty around 11,950 level.

The Sensex is up 258.98 points at 39693.70, while Nifty is up 84.10 points at 11928.20. About 1730 shares have advanced, 736 shares declined, and 134 shares are unchanged.

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Net profit was down 33.2% at Rs 1,122.2 crore against Rs 1,681.2 crore, revenue down 5.2% at Rs 18,763.9 crore against Rs 19,789 crore.

Operating profit or EBITDA down 37% at Rs 1,684.1 crore, while margin at 9% against 13.5%.

One-time loss at Rs 326.3 crore.

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: Net profit up 41.1% at Rs 10.6 crore against Rs 7.5 crore, revenue up 20.1% at Rs 93.7 crore against Rs 78 crore, YoY.

The Indian rupee is trading near its day' low against US dollar. However, it is trading marginally higher at69.49 per dollar versus Friday's close 69.52.