Sensex, Nifty Remain Unchanged; FPIs Stay Net Buyers
Catch all live updates on share prices, index moves, corporate announcements and more from the Sensex and Nifty, today.
Foreign Investors Net Buyers
Foreign portfolio investors net bought equities worth Rs 1,061.88 crore today, as per data from the National Stock Exchange.
On the other hand, domestic institutional investors net sold equities worth Rs 768.45 crore on Wednesday.
Institutions had net bought Rs 3,978.31 crore worth of equities last month in July alone; the only month of the year till date when institutions remained net buyers.
Institutions have net bought Rs 6,827.97 crore worth of equities so far in August and net sold equities worth Rs 41,611.72 as yet in 2022.
The S&P BSE Sensex fell 0.06% to 58,817.29, while NSE Nifty 50 Index gained a similar magnitude to end at 17,534.75.
The market breadth was slightly skewed in favour of the bears. About 1,537 stocks gained, 1,866 declined and 121 remained unchanged.
Highest Ever EBITDA Per Ton From Novelis Push EBITDA And Profits At Hindalco
Key highlights (QoQ):
Revenue up 4% to Rs 58,018 crore from Rs 55,764 crore
EBITDA up 13.7% to Rs 8,640 crore from Rs 7,597 crore
EBITDA Margin: 14.9% Vs 13.6%
Net profit up 6.7% to Rs 4,119 crore from Rs 3,860 crore
IPCA Labs Q1 Misses Estimates
Key highlights (YoY):
Revenue up 1% at Rs 1,586 crore Vs Rs 1,566 crore (BBG estimate : Rs 1,494 crore)
Net profit down 53% to Rs 143 crore Vs Rs 307 crore (BBG estimate : Rs 204 crore Profit)
EBITDA down 35% to Rs 269 crore from Rs 417 crore (BBG estimate : Rs 310 crore Profit)
Margins at 17% Vs 26.6% (BBG estimate : 20.8%)