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Market Update 11.08.2020

Dear Millionaires, Market Update is the new play list in our channel where the important news required for trading will be posted regularly. Watch this video to know more on results, dividends, bonus and other important data required for trading today. Happy Trading.

News Corner

Market Levels: The Sensex closed 142 points, or 0.37 %, higher at 38,182.08 and the Nifty ended at 11,270.15, with a gain of 56 points, or 0.50 %.

Top Stocks lifting Market: L&T, BEL, Bharat Forge, other defence stocks gain as Government looks to push local manufacturing

Pharma shares in focus:Alogn with Divis Lab, Cipla, Laurus labs, and Lupin have all made significant gains today.

ICICI Bank QIP: Floor price at Rs 351.36; allotment to be decided Aug- 14


Important Data – Result Impact

Divis Lab : Hits fresh 52-week high; jumps 16% on, Apr-Jun quarter results

Bank Of Baroda : Posts Q1Loss of Rs.864 Crore

Titan Company :Q1Loss Of Rs.270 Crore

Force Motors : Q1 Loss OfRs. 64.99 Crore

Equitas : Q1 Net Profit Down 25% At Rs. 52.5 Crore

Cipla : June 2020 Net Sales at Rs 4,346.16 crore, up 8.95% Y-o-Y

Cochin Shipyard:April-June profit down 65% to Rs 42.64 crore

Kajaria Ceramic :June 2020 Net Sales at Rs 277.56 crore, down 60.35% Y-o-Y

Power Grid Corporation: Q1 profit at Rs 1,978.9 crore versus Rs 2,427.9 crore, revenue at Rs 8,988.7 crore versus Rs 8,804.1 crore YoY.


August -11 Company Result

Bajaj Electricals

Bosch

Central Bank of India

Elecon Engineering

Kopran

Metropolis Health care

Suven Life Sciences

VST Tillers

PTC India

Ashoka Buildcon

Vesuvius India

Indoco Remedies

Guj Alkali

Rashtriya Chem

GE Power India

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