News for Kanani Industries Limited (KANANIIND.BO)

BSE Sensex retreated more than 7% during the quarter. Broader indices, the BSE Midcap and BSE Smallcap, declined more than 6% and 3%, respectively.

DMart: Kotak said the year-on-year revenue growth of 18.5 per cent was modestly better than 18.1 per cent YoY posted in the June quarter and provides comfort to its 20 per cent YoY FY24 growth projection.

Suzlon Energy shares, which gained for the fourth straight session, climbed 4.95% intraday to Rs 28.39 on BSE.

HDFC Bank's CASA ratio stood at around 37.6 per cent as of September 30, 2023, as compared to 45.4 per cent as of September 30, 2022, and 42.5 per cent as of June 30, 2023.

Kanani Industries Ltd’s shares surged by 4.93 percent on the BSE as the company secured ₹20 crore worth of export orders from international clients. The company plans to use its in-house manufacturing facility to fulfill these orders, thereby boosting profit margins. With a history spanning over a decade, Kanani Industries is a key player in the jewelry and gem industry, actively producing and marketing diamond-studded jewelry to a global customer base.

Dahiya had held a 3.48 percent equity stake (1.56 crore equity shares) in Policybazaar as of March 2022. PB Fintech shares corrected sharply on Tuesday, down by 11.5 percent to close at Rs 582.90.

As per the pivot charts, the key support level for the Nifty is placed at 16,472, followed by 16,375. If the index moves up, the key resistance levels to watch out for are 16,639 and 16,708.

BSE Sensex and Nifty 50 index tumbled nearly 2 per cent on Thursday, a day of weekly F&O expiry, as bears clutched D-Street.

Indian equity markets were trading red on Wednesday as benchmark indices gave up early morning gains in noon deals. The BSE Sensex was down 114 points at 54,203, and the NSE Nifty50 fell 25 points to 16,233.

Indian benchmark indices extended gains on Tuesday, led by strong gains in index heavyweights ITC and Reliance. The broader markets were also up in sync with the benchmark indices.

Indian benchmark indices pared gains in noon deals on Monday, owing to weakness in select index heavyweights like Infosys and ITC. The BSE Sensex which touched an intraday high of 53,428, was up around 200 points near the 53,000-mark. The NSE Nifty 50 was up 50-odd points.

Indian equity markets on Friday bounced back slightly from Thursday's rout as the key benchmark indices were trading higher amid high volatility, mixed global cues. In noon deals, the BSE Sensex was up 600 points to 53,550, while the NSE Nifty 50 was around 16,000 level.

BSE Sensex and Nifty 50 were trading 2 per cent down on Thursday, a day weekly F&O expiry.

While the benchmark looked to beat the losing trend, as many as 68 stocks on the BSE were down at their 52-week lows and 47 traded at fresh highs.

The key benchmark indices continued to reel under selling pressure on Friday, tracking weakness in global markets. The BSE Sensex fell over 1,000 points to 54,668, while the NSE Nifty shed 316 points to 16,366.

The data available on AceEquity suggests that as many as 150 penny stocks have scripted a 'rags to riches story', rallying up to 1,700 per cent in the last six months. Meanwhile, Sensex has corrected about 6 per cent in the same period from its 52-week high of 62,245 touched on October 19.