News for Safari Industries (India) Limited (SAFARIND.BO)

Buzzing stocks, stocks to watch today: Nazara Tech, KPI Green Energy, Cipla, Godrej Properties, MOIL, Solar Industries, Protean eGov, Safari Industries, Indoco Remedies, Affordable Robotic, Pricol, Home First Finance

Benchmarks pared initial losses after starting lower on Monday following new allegations by US-based short-seller Hindenburg Research

Safari Industries Q4 Results: Safari Industries' total income for the fourth quarter of FY24 grew to Rs 370.48 crore as against Rs 305.38 crore in the same period a year ago. The company's total expenses rose to Rs 314.56 crore in Q4 FY24 from Rs 255.80 crore in Q4 FY23, it said in the regulatory filing

Q4 FY2024 Results Today: Bharti Airtel, Siemens, Colgate-Palmolive (India), BASF India, Apollo Tyres, and PVR Inox are among the 97 companies set to announce their financial results for the fourth quarter, which ended on March 31, 2024.

In Q3, FIIs reduced their stake in Hindustan Unilever to 13.65 percent from the previous quarter's 13.90 percent. Their stake in ITC dropped to 43.26 percent from 43.34 percent, as per the latest shareholding pattern data from exchanges

More than 500 companies across all sectors will be revealing their third quarter financial results next week.

INVESCO INDIA ELSS TAXSAVER FUND: The fund has seen its portfolio grow sharply from around 40 in December 2021 to 60 at present. It retains healthy positions in some of its top bets, but has shed its earlier preference for taking only positive active positions relative to the index. Should you invest?

Net Sales are expected to increase by 25 percent Y-o-Y (up 2.4 percent Q-o-Q) to Rs. 378.8 crore, according to Prabhudas Lilladher.

A long build-up was seen in 60 stocks, which included Zee Entertainment Enterprises, JK Cement, Vedanta, Polycab India, and IRCTC.

Safari Industries stock gained 12.56% to Rs 2215.85 against the previous close of Rs 1968.55 on BSE. Market cap of the firm rose to Rs 10,148 crore.

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The 30-share BSE Sensex pack surged 317 points to hit a lifetime high of 69,614 while the broader NSE Nifty index moved 101 points higher to scale a fresh all-time high of 20,957.

Jai Balaji Industries shares climbed 999 per cent to close at Rs 600.10 on Friday compared with Rs 54.60 on December 30, 2022, joining the billion dollar club. This iron & steel sector company commanded a m-cap of $1.15 billion

Based on the OI percentage, 56 stocks were on the short-covering list. These included Balkrishna Industries, Divis Laboratories, Dabur India, Nestle India, and Britannia Industries.

Stocks to Watch on Tuesday: Multiplex firm PVR Inox Ltd, on Monday, reported a widening in consolidated net loss at Rs 333 crore for Q4FY23

"A sustainable move above 18,150-18,200 levels is likely to pull Nifty towards the next overhead resistance of 18,500 levels in the near term," said Nagaraj Shetti, Technical Research Analyst at HDFC Securities.

Based on the open interest future percentage, total 89 stocks saw long unwinding on Thursday including Polycab India, Nifty Financial, ONGC, Bank Nifty, and Bharat Forge.

Ashish Kacholia and Utpal Sheth are both now investors in a small-cap known as ‘Raghav Productivity Enhancers’. It is the only organized player in its industry & appears to be a mo…

Based on the open interest future percentage, there were 97 stocks including City Union Bank, IndiaMART InterMESH, Syngene International, Navin Fluorine International, and Atul, in which long unwinding was seen.