Select renowned companies including HAL, Siemens, Muthoot Finance, RVNL, PFC, Bharat Forge and Ashok Leyland are set to announce their results for December 2024 quarter today.
The defence sector stock fell 6.30% to Rs 1245 on BSE. Cochin Shipyard’s market cap slipped to Rs 33,990 crore.
Sensex crashed 835.66 points to 75,457.94 and Nifty fell 252.85 points to 22,818.95 in early deals today.
BHEL shares slipped 1.70% to Rs 199.45 on Tuesday against the previous close of Rs 202.90 on BSE. Market cap of the power equipment maker slipped to Rs 69,449 crore.
Vedanta stock closed 3.35% lower at Rs 421.30 in the previous session. Market cap of the firm slipped to Rs 1.64 lakh crore.
Jupiter Wagons stock closed 4.73% lower at Rs 318.05 on Tuesday against the previous close of Rs 333.85 on BSE.
ITC stock ended 2.07% lower at Rs 418.45 on BSE. Market cap of the firm stood at Rs 5.23 lakh crore.
Shares of Hero MotoCorp shall trade ex-dividend on Wednesday as the company board of the two-wheeler major announced a dividend of 5,000 per cent for the eligible shareholders.
An analyst from Master Capital said that Axis Bank is showing signs of a potential reversal after taking strong support near the 200-week EMA, which has acted as a key demand zone.
IRCTC shares ended 2.88% lower at Rs 715.25 on BSE. Market cap of the firm stood at Rs 60,100 crore.
Suzlon Energy share price today: Suzlon is amid a short-term correction, leaving investors guessing whether they should buy, sell or hold the stock.
Varun Beverages shares tumbled 6.76% to a low of Rs 511.45 even as brokerages termed the earnings as largely positive
Shares of Tata Steel, Jindal Steel and Power, Vedanta, NMDC and SAIL are down up to 10% this year.
Adani Power share price today: The Adani Group stock climbed 4.18% to Rs 511.85 on BSE. Market cap of the firm rose to Rs 1.92 lakh crore.
Delhivery stock slipped over 2% to Rs 290.30 against the previous close of Rs 296.65 on BSE. Market cap of the firm fell to Rs 21,600 crore.
Tata Steel shares vs Vedanta shares: The two metal stocks have seen negative sentiment in the short term due to Trump announcing steps to safeguard the US economy.
Varun Beverages Q4 earnings: Motilal Oswal expects a CAGR of 12%/11%/17% in revenue/EBITDA/PAT over CY24-26 and largely maintained CY25/CY26 earnings estimates. "
RVNL stock fell 3.55% to Rs 381.30 on BSE on February 10. Market cap of RVNL stood at Rs 79,501 crore on BSE.
Shares of Vedanta will be in focus during the trading session on Tuesday on the back of three reasons including its board meeting later today, besides Trump tariffs on metal stocks.
An analyst from Anand Rathi said that RVNL appears slightly bearish as it is testing the critical support level at the current juncture and a wait-and-watch approach is advisable.
Cochin Shipyard share price: Cochin Shipyard stock was trading 0.83% higher at Rs 1372.20 on BSE today. Cochin Shipyard’s market cap stood at Rs 36,099 crore.
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