Top 5 stocks of the day: On the Nifty, some of the biggest losers are Hero MotoCorp, Coal India, Bajaj Finance, JSW Steel, and Divis Labs; winners are Sun Pharma, BPCL, NTPC, Dr. Reddy’s Labs and IndusInd Bank. Real estate fell 1%, while the healthcare and oil and gas sectors increased by 1% each. BSE Smallcap and Midcap indices are up 0.4 and 0.5 percent, respectively.
Sensex and NSE Nifty50
The Nifty was down 5.10 points, or 0.03 percent, at 19,406.70, and the Sensex was down 16.29 points, or 0.03 percent, at 64,942.40 at the closing. A little over 1878 shares increased, 1616 shares decreased, and 146 shares remained the same. In the tumultuous session on November 7, benchmark indices concluded flat.
Top 5 stocks of the day
|Name of companies||Change||Volume|
|Dr Reddy’s Laboratories||1.38%||6,99,747|
Alkem Lab marking an 88% YoY increase
Alkem Lab reported net income of Rs621 crore in Q2, 88% YoY higher than analyst projections. Additionally, their revenue exceeded expectations, rising 12% YoY to Rs3440 crore. Notably, US revenue hit Rs768 crore, a 27% YoY rise, while India’s sales were at Rs2330 crore, up 5% YoY. Furthermore, revenue from other regions increased by a strong 28% YoY to Rs287 crore. Nevertheless, overall expenses rose 2.6% YoY to Rs. 2800 crore.
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