UPS Financial News

Varun Beverages Ltd. traded 0.23 per cent up at Rs 1519.3 on Friday at around 12:33PM (IST), while the benchmark BSE Sensex declined 624.5 points to 73986.61. As many as 23,422 shares changed hands on the counter with a total value of Rs 3.54 crore.

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Jubilant Foodworks Ltd. rose 0.04 per cent to Rs 457.85 in Friday's trade as of 12:22PM (IST) even as the benchmark Nifty ruled at 22499.4, down 148.8 points. The scrip had closed at Rs 457.65 in the previous session. The stock quoted a 52-week low of Rs 420.85 and a high of Rs 586.35. The company quoted a market-cap of Rs 30197.82 crore on the BSE.

BEIJING — Chinese automakers, including state-owned auto giant GAC Group, can't afford to take it easy in the country's electric car boom if they want to survive.

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Jack Dorsey-led Block announced plans to allocate 10% of profits from its Bitcoin products toward buying more of the cryptocurrency each month, its quarterly report published Thursday showed.

Maratha quota protest, reservation for the Dhangar community, and slow progress of the Beed-Ahmednagar railway line, which have cropped up in the past one year, are seen swaying the electorate. Voting in Beed is scheduled on May 13. Last year, an intense agitation for Maratha quota in jobs and education took place in Maharashtra's central district.

Adani Ports in the March quarter, brokerages increased target prices on the Nifty stock. Global brokerage firm Citi is among the biggest bull on the counter and has given a target price of Rs 1,782, which signals an upside potential of 32% from the current market price. Shares of Adani Ports, which have rallied 100% in the last 1 year, were trading at Rs 1,344 around 10 am on Friday.

Siemens Ltd. gained 0.83 per cent to Rs 5912.85 in Friday's trade as of 11:16AM (IST). The stock hit a high price of Rs 5933.45 and low of Rs 5867.3 during the session.

Torrent Pharmaceuticals Ltd.(up 3.61 per cent), Natco Pharma Ltd.(up 2.46 per cent), Lupin Ltd.(up 1.87 per cent), Dr. Reddy's Laboratories Ltd.(up 1.03 per cent) and J B Chemicals & Pharmaceuticals Ltd.(up 0.82 per cent) were among the top gainers.

Tata Power Company Ltd. traded 0.25 per cent up at Rs 458.85 at around 11:11AM (IST) on Friday. The stock had closed at Rs 457.7 in the previous session. Equity benchmark Sensex traded 275.34 points lower at 74335.77 around the same time.

Ambuja Cements Ltd. gained 0.17 per cent to Rs 626.5 in Friday's trade as of 11:06AM (IST). The stock hit a high price of Rs 634.75 and low of Rs 624.05 during the session. The return on equity (ROE) for the stock stood at 8.62 per cent. Traded volume on the counter stood at 11:06AM shares and turnover at Rs 3.49 crore around that time. The stock of Ambuja Cements Ltd. quoted a 52-week high price of Rs 649.0 and 52-week low prices of Rs 376.0, respectively.

BJP) on Friday slammed Congress leader Rahul Gandhi for ditching the Amethi seat to contest the Lok Sabha elections against Smriti Irani. On Gandhi's candidature from Raebareli, BJP national spokesperson Jaiveer Shergill said, «Rahul Gandhi has forgotten his own slogan-'Daro Mat' and ran away from Amethi. Rahul Gandhi running from Amethi has proved to the entire nation that his slogan 'Daro Mat' is loaded with double standards, cowardice and hypocrisy.» «Rahul Gandhi will be remembered as that General who left the battlefield, left his soldiers, and escaped from the very back door rather than leading from the front...Rahul Gandhi's escape from Amethi, Priyanka Gandhi's Vadra's decision not to contest the election shows that the entire Congress campaign is shivering, collapsing and shaking, and is all set to finish off at a very fast pace,» he added.

Voltas Ltd. traded at Rs 1494.2 on BSE at 11:01AM (IST) on Friday, up 0.84 per cent from previous close. The stock quoted a 52-week low price of Rs 745.0 and a high of Rs 1500.0.

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Zomato Ltd. gained 0.76 per cent to Rs 196.9 in Friday's trade. It hit a high of Rs 200.35 and low of Rs 196.1 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 128.15, while the 50-DMA was at Rs 175.04. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Godrej Consumer Products Ltd. gained 1.37 per cent to Rs 1250.15 in Friday's trade as of 10:45AM (IST). The stock hit a high price of Rs 1255.0 and low of Rs 1234.85 during the session.

Bharat Heavy Electricals (BHEL) jumped nearly 9 per cent to hit their fresh 52-week high in the morning session on Friday, May 3. BHEL share price opened at ₹296.90 against its previous close of ₹292.65 and jumped 8.7 per cent to hit its fresh 52-week high of ₹318.15 in morning trade on BSE on Friday, May 3. Around 10:15 am, BHEL share price traded 6.80 per cent higher at ₹312.55 apiece.

Breakout stocks today: After trading sideways to positive throughout Thursday, the Indian stock market extended its gains from yesterday in the early morning session. The Nifty 50 index finally breached 22,700, above its previous record high of 22,783, and climbed to a new peak of 22,794. After ending lower on Thursday, the Bank Nifty index regained the upside momentum, shot up over 0.60 percent in morning deals, and came close to its existing high of 49,974 when it touched an intraday high of 49,607.

The price change in 24 carat gold in the last one week has been 1.23%, whereas in the last month it has been -4.02%. The cost of silver is Rs.83600.0 per kg up by Rs.700.0 per kg. Gold Rate Today in Delhi is ₹73681.0/10 grams.

Dubai rains: Flights affected, schools closed — 7 key points Emirates cancelled several flights due to bad weather across the UAE on Thursday. A Flydubai spokesperson told Khaleej Times that the “adverse weather conditions in Dubai on Thursday have caused some delays to their operations". India's IndiGo said that their flight operations have been affected due to bad weather in Dubai, Sharjah, Ras Al Khaimah and Abu Dhabi.