News for Chemcrux Enterprises Limited (CHEMCRUX.BO)

The quarterly earnings season commenced in the second week of April and remains ongoing, with more than 260 companies slated to announce their fourth-quarter earnings throughout this week.

Despite the benchmark Sensex failing to give positive returns in the June quarter of the last three financial years, 26 BSE-listed companies have managed to deliver index-beating and multibagger returns. The companies include BLS International, Chemcrux Enterprises, Chennai Petroleum Corp, De Nora India, Elecon Engineering, Gokul Agro Resources, Imagicaaworld Entertainment, Jupiter Wagons, Mangalore Refinery and Petrochemicals, Salasar Techno, and Shree Renuka Sugars. Most have seen lower debt, an improving book value per share, and zero promoter pledge, according to a SWOT analysis by Trendlyne.

On the S&P BSE Sensex, no stock hit a fresh 52-week high or 52-week low. While on BSE Sensex, a total of 47 stocks rose to their respective 52-week highs.

Indian equity markets came off day's highs after turning positive as the Reserve Bank of India (RBI) retained the FY23 GDP growth forecast at 7.2 per cent. Sectorally, Banks, Financials, Metals, PSBs and Realty indices held strong gains on the Nifty. While, Auto, Pharma, FMCG and Consumer Durables were subdued.