Overnight Digest: Stocks to keep an eye on May 15!
Watch out for these large-cap stocks in Monday’s trading session!
On Friday, the domestic benchmark indices ended the day higher. BSE Sensex Index is up 0.20 per cent at 62,027 and NSE Nifty-50 Index is up 0.1 per cent at 18,314.80. In the broader market, BSE Mid-Cap Index is down by 0.33 per cent and BSE Small-Cap Index is down by 0.08 per cent. On the sectoral front, BSE Auto Index is the top-gaining sector whereas BSE Utilities Index is the top-losing sector.
Watch out for these Large-Cap stocks in Monday’s trading session:
Tata Motors - The company released its Quarterly Results and annual results on Friday, May 12, 2023 at 03:45 pm, wherein the company reported amazing numbers. On Friday, the stock traded at a new 52-week high of Rs 520.40 per share
Avenue Supermarts Ltd (D-Mart) - The company released its quarterly results and annual results on Saturday, May 13, 2023 wherein the company reported excellent numbers. The company has delivered good profit growth of 25.80 per cent CAGR over the last 5 years.
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Ambuja Cements Ltd (Adani Cement) - The company has placed orders for capacity expansion of 14 MMT cement. This expansion is a component of the company's ambitious plan to double its capacity over the course of the next five years.
Tata Power Company Ltd - TP Saurya Limited inks PPA with Tata Power Trading Company Limited to set up a 200 MW solar project in Rajasthan. With this win, the total renewables capacity of TPREL reaches 6,788 MW.