Market Updates
India Movers: Anand Rathi Wealth, Angel One, Delta Corp, Den Networks, HCL Technologies, Himadari Speciality Chemical, Marathon Nextgen Realty
Arun Goswami
14 Jan, 2025
Mumbai
Benchmark indexes on Dalal Street edged slightly higher after trading down for four days in a row, driven by rising foreign funds outflow since September.
The Sensex index increased by 0.5% to 76,741.42, and the Nifty index advanced by 0.6% to 23,223.15.
On the Mumbai stock exchange, 22 stocks traded at their 52-week highs, and 91 stocks traded at their 52-week lows.
HCL Technologies Ltd. declined 8.8% to ₹1,815.40 after the technology and business services provider reported weaker-than-expected results in the fiscal third quarter.
Net income in the December quarter increased to ₹4,590 crore from ₹4,235 crore in the September quarter.
Consolidated revenue increased to ₹30,367 crore from ₹28,816 crore, and net income rose 5.58% from ₹4,351 crore a year ago.
Himadri Speciality Chemical Ltd. declined 1.45% to ₹539.25 after the company reported December quarter results.
Consolidated revenue increased 8.2% to ₹1,152.62 crore from ₹1,062.70 crore and net income advanced to ₹141.15 crore from ₹108.78 crore a year ago.
Delta Corp. Ltd. declined 7.61% to ₹109 after the company reported December quarter results.
Consolidated revenue decreases to ₹206.99 crore from ₹222.86 crore, and net income increased 4% to ₹35.7 crore from ₹34.56 crore a year ago.
Den Networks Ltd. declined 1.31% to ₹37.79 after the company reported December quarter results.
Consolidated revenue decreased 4.5% to ₹315.7 crore from ₹323.8 crore, net income declined 28% to ₹41.9 crore from ₹47.8 crore, and earnings per share fell to 85 paisa from 99 paisa a year ago.
Angel One Ltd. decreased 4.5% to ₹2,334.55 after the financial services provider reported a weaker-than-expected increase in profit in the December quarter.
Net income advanced to ₹280 crore in the fiscal third quarter from ₹260 crore a year ago.
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Earnings
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