SUN Financial News

trading session, the following five stocks witnessed a build of fresh short positions. Let’s first understand how this conclusion is reached whether the stock has seen a buildup of fresh short position or not. To understand it we have to look at what “short selling” means. When a trader is expecting the stock prices to fall, he may sell the stock without owning that and buy at a lower price, for example, stock XYZ is trading at 100, a trader sells the stocks at Rs 100 and buys it back at Rs 90. He made a profit of Rs 10. Selling the stocks without owing the underlying stock is called short selling.

₹11.5 for Q4 which increased by 28.38% Y-o-Y.Sun Pharmaceutical Industries has delivered 0.78% return in the last 1 week, 27.84% return in last 6 months and 22.22% YTD return.Currently the Sun Pharmaceutical Industries has a market cap of ₹369329.6 Cr and 52wk high/low of ₹1638.85 & ₹932.6 respectively.As of 23 May, 2024 out of 31 analysts covering the company, 1 analyst has given Sell rating, 5 analysts have given Hold rating, 12 analysts have given Buy rating &13 analysts have given Strong Buy rating.The consensus recommendation as on 23 May, 2024 was to Buy.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹2654.58CrQuestion : What is Q4 revenue?Ans : ₹11982.9CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

Domestic benchmark index NSE Nifty gained 99.25 points to 22697.05, while the BSE Sensex traded 349.39 points up at 74570.45.

Sun Pharmaceutical Industries with a target price of Rs 1710. The current market price of Sun Pharmaceutical Industries is Rs 1540.3. Sun Pharmaceutical Industries Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 369329.63 Crore) operating in Pharmaceuticals sector.

Lupin, and Reliance Industries, while Patel Engineering is recommended as a buy at CMP 65 for an intermonth momentum play."--Prashanth Tapse, Senior VP (Research), Mehta Equities LtdSensex Today Live : L&T Technology Services announced the inauguration of the Simulation Centre of Excellence for Airbus, strategically located at the LTTS stateof-the-art campus in Bangalore. This Centre of Excellence is designed to bolster engineering support for Airbus aircraft structural simulation activities across its diverse business units in Europe spanning France, Germany, the UK, and Spain.The Simulation CoE aims to unify and standardize processes across all Airbus European business units and aircraft programs.

Grasim Industries: The company reported a 15.5% YoY rise in its Q4FY24 consolidated net profit at ₹2,721.81 crore, up from ₹2,355.67 crore in Q4FY23. The company’s revenue from operations also saw a 13% increase to ₹37,727.1 crore. The company’s EBITDA for Q4FY24 stood at ₹6,196 crore, marking a 27% growth YoY.

Sensex climbed 267 points to settle at 74,221.06 and Nifty rose by 68 points to finish at 22,597. Stocks that were in focus include names like Indian Bank, which fell 1.33%, Sun Pharma, which jumped 1.5%, and Hindustan Zinc, whose shares rose 4% on Wednesday.

Gland Pharma reported fourth-quarter profit below estimates on Wednesday, as soaring employee expenses outweighed strong demand in its core markets. It reported a consolidated net profit of 1.92 billion rupees ($23 million) for the quarter ended March 31, missing analysts' average estimate of 2.41 billion rupees as per LSEG data.

Hyderabad: Indian drugmaker Sun Pharmaceutical Industries posted fourth-quarter profit above estimates on Wednesday, helped by strong performance in its key U.S. and domestic markets. The company reported a consolidated net profit of ₹2,655 crore ($318.9 million) for the quarter ended March 31, compared to analysts' average estimate of ₹2,368 crore as per LSEG data.

A London judge says Prince Harry can't expand his privacy lawsuit against The Sun tabloid's publisher to include allegations that Rupert Murdoch and some other executives were part of an effort to conceal and destroy evidence of unlawful information ga...

Domestic benchmark index NSE Nifty gained 42.75 points to 22571.8, while the BSE Sensex traded 165.33 points up at 74118.64.

₹10,000 in a good month and ₹4,000 in a bad one, depending on how much territory they scrounge. Most cover 30-40 kilometres on foot every day. If they don’t, because of illness, they lose that day’s earning.

Awfis Space Solutions Ltd on Tuesday said it has mobilised a little over Rs 268 crore from anchor investors a day before its initial share-sale opening for public subscription. The company has allotted 70.13 lakh equity shares to 32 funds at Rs 383 apiece, which is also the upper end of the price band, according to a circular uploaded on BSE's website. At this price, the firm has collected Rs 268.61 crore, it added.

Notorious B.C. serial killer Robert Pickton has been the victim of a brutal attack in prison.

devil fruit consumed by Monkey D. Luffy is set to be revealed as One Piece is setting up for a climactic battle of Luffy against Kaido in Wano. During this epic fight, Luffy will attain a new level of power known as Gear 5, which will also reveal the real features of Human-Human Fruit, Model: Nika that was consumed by the straw-hat pirate. This particular devil fruit, is deemed as dangerous by the World Government, and had been secretly concealed by their efforts, but it still ended up in the hand of Luffy.

Sun Chips are popular fried multigrain chips among Americans but is the food item really a healthy one? Let's delve into the details of favourite Sun Chips.

tornadoes and extreme weather events in the US in the past few weeks, a storm season has begun to hit the country with weather variations across the length and breadth of the country. On Sunday, winds speeding up to 100 mph were noticed in Kansas even as Tennis Ball-sized hail storms were raining down in the state.

Rs 20,000 turn your investment into Rs 1 crore? Yes. ETMutualFunds did some data crunching and found that a small cap fund actually managed to do just that. Quant Small Cap Fund Quant Small Cap Fund turned the monthly investment of Rs 20,000 to Rs 1 crore in a 10-year horizon. If an investor invested Rs 20,000 monthly in this small cap scheme starting from May 15, 2014, then the investor would have earned an XIRR of 27.24% in a 10-year period.

Also Read: ONGC, ITC, NTPC, Sun Pharma, Nykaa among companies to declare earnings this week Meanwhile, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain shut on Monday, May 20 because of the fifth phase of Lok Sabha elections 2024. Due to the general elections voting, trading in derivatives, equities, SLBs, and currency derivatives, along with interest rate derivatives, will remain closed today. The list of companies to declare their Q4 results today, May 20 includes ONGC, Indian Railway Finance Corporation (IRFC), Bharat Electronics (BEL), Oil India, SAIL, Triveni Engineering & Industries, Chemplast Sanmar, India Cements, KRBL, Nesco, Rolex Rings, VRL Logistics, Deepak Nitrite, Whirlpool of India, City Union Bank, Redtape, Power Mech Projects, etc.

Indian Meteorological Department said on Sunday that heatwave conditions are likely to prevail in parts of Gujarat, including Ahmedabad and Gandhinagar, over the next five days, cautioning people against exposure to the sun. Isolated pockets in the districts of Saurashtra-Kutch, Banaskantha and Valsad experienced heatwave conditions on Sunday, the IMD said in its latest bulletin for Gujarat. A similar situation is likely to be seen in the districts of Saurashtra-Kutch as well as Ahmedabad, Gandhinagar, Anand, Banaskantha and Valsad till Friday morning, it said. These regions will witness a high temperature with an increased likelihood of heat illness symptoms in people exposed to sun or engaged in heavy work, the weather bureau said.