News for Mercator Limited (MERCATOR.BO)

“Aviation Analytics Market” from 2024-2034 with covered segments By Business Function (Finance, Operations, Supply Chain, Maintenance & Repair, Sales &...

“Aviation Analytics Market” from 2024-2034 with covered segments (Aviation Analytics Market, By Spacecraft (Chemical Propulsion Systems, Electric...

Mercator Limited reported earnings results for the nine months ended December 31, 2023. For the nine months, the company reported revenue was INR 0.06 million compared to INR 0.32 million a year ago....

We were bidding for larger value orders. During the last 2 years we secured the order from Ministry of External Affairs (MEA) for dredging at Sittwe Port, Myanmar for an amount of Rs. 117 Cr and Rock Dredging at Mangrol Fishing Harbour from Dredging Corporation of India at an order value of Rs. 67 Cr.

Adani Enterprises, M&M, SBI Life Insurance, Reliance Industries and Adani Ports were among the biggest losers on the Nifty, while gainers included Tata Steel, Larsen and Toubro, Bharti Airtel, Apollo Hospitals and Axis Bank

The Nifty Realty index was trading 0.06 per cent up at 389.0.

The Nifty Bank index was trading 0.04 per cent up at 40324.35.

The BSE midcap and smallcap indices ended with minor losses.

The BSE midcap index added 0.7 percent and smallcap index rose 0.5 percent.

The BSE midcap and smallcap indices shed 0.3-0.4 percent.

The Nifty Auto index was trading 0.02 per cent up at 12765.65.

The Nifty Bank index was trading 0.66 per cent up at 42606.3.

The Nifty Pharma index was trading 0.18 per cent down at 12676.65.

The Nifty Pharma index was trading 0.56 per cent up at 12668.25.

Shares to watch out for today: PVR, Embassy Office Parks, Mastek, Amara Raja, Dhanuka Agritech, Jyoti Structures, Filatex India and more

The benchmark indices have now fallen more than 10 percent each from the closing high of April 4

Despite the negative sentiment, a total of 173 stocks hit their respective 52-week highs, of which the top 60 stocks touched record highs. This included nine stocks from the 'A' group.

Gaurav Ratnaparkh of Sharekhan said Nifty is stepping into a short-term consolidation and is poised to take a dip towards the lower end of the rising channel, which is near 17,000.

BSE Sensex and Nifty 50 were set to see a gap-up start on Wednesday, as suggested by trends on SGX Nifty.