Benchmark indices Sensex and Nifty had a rough day on the bourses, slipping almost 3 percent each on August 5 as weak global cues fueled recession fears among investors, resulting in a broad-based selloff. At close, the Sensex was down 2.7 percent at 78,759 and the Nifty was down at 24,055. About 469 shares advanced, 3,084 shares declined, and 88 shares were unchanged.
2/11
Bharat Forge | CMP: Rs 1,549 | Shares slumped over 6 percent after Class-8 truck orders in North America dropped to a 15-month low in July.
3/11
Ashoka Buidcon | CMP: Rs 239.70 | Shares tanked over 5 percent despite it being the lowest bidder for two projects of the Mumbai Metropolitan Region Development Authority (MMRDA) for around Rs 1,280 crore. This comes after the market crashed, plunging almost 3 percent, as global cues and recessionary fears dented sentiment.
4/11
Sheela Foam | CMP: Rs 955 | Shares fell over 4 percent after the company posted a weak set of operational performance in Q1 FY25. The company's EBITDA fell 23 percent year-on-year to Rs 59.9 crore, down from Rs 77.6 crore in Q1 FY24.The margin also contracted by 460 basis points (bps) to 7.4 percent in Q1 FY25 from 12 percent Q1 FY24.
Century Plyboards | CMP: Rs 686.60 | Shares fell nearly 4 percent after the reported a poor sequential as well as annual earnings for the quarter ended June.
6/11
Marico | CMP: Rs 672 | Shares rose 1.5 percent after the company posted a year-on-year rise in its revenue, net profit, EBITDA, and margin for the June quarter.
7/11
Suven Life Sciences | CMP: Rs 135.20 | Shares were locked in a 5 percent lower circuit after the company reported a net loss of Rs 28 crores for the June quarter and its revenue fell 74 percent YoY to Rs 1 crore.
8/11
Devyani International | CMP: Rs 179 | Shares rose 0.7 percent after reported a net profit of Rs 22.43 crore in the June quarter, a substantial turnaround from the loss of Rs 1.59 crore in the year ago period. It also reported a 44.3 percent YoY increase in revenue to Rs 1,221.9 crore.
Century Enka | CMP: Rs 585 | Shares rose 1.8 percent after the company reported that its net profit rose to Rs 24.3 crore in June quarter from Rs 13.7 crore in the year ago period.
10/11
Keystone Realtors | CMP: Rs 683.50 | Shares fell nearly 5 percent after the company reported a year-on-year decline in its net profit, EBITDA, and margin for the June quarter.
11/11
South West Pinnacle Exploration | CMP: Rs 107 | Shares rose 2 percent after the company won an order worth Rs 50 crore from the Central Ground Water Board.
