POST MARKET
Indian benchmark indices recouped the previous session’s losses and ended higher on April 17 with Nifty above 24,300, supported by positive geopolitical developments.
All the sectoral index ended in the green with FMCG, media, metal, oil & gas, power, capital goods, consumer durables, energy up 1-2%.
Broader indices outperformed the benchmark with Nifty Midcap index adding 1.2% and Smallcap index rising 1.5%.
STOCKS IN NEWS
Apollo Micro Systems
Apollo Micro Systems shares surged more than 17 percent on Friday after the company said it has received a government licence to manufacture and proof-test defence weapon systems. It has gained nearly 22 percent over the last three sessions.
Crisil
CRISIL shares rose over 5 percent on Friday after the company reported a 46 percent year-on-year increase in net profit. The company posted a net profit of Rs 233.3 crore for the period under review, compared with Rs 160 crore in the year-ago period.
Bajaj Consumer Care
Shares of Bajaj Consumer Care surged more than 10 percent in Friday’s trade after the company reported strong fourth-quarter earnings. Revenue grew 31% to Rs 327 crore versus Rs 251 crore a year earlier. EBITDA came in at Rs 77 crore, up from Rs 32 crore in the corresponding quarter last year, while EBITDA margin improved sharply to 23.4% from 12.7% on a year-on-year basis.
Angel One
Angel One share price surged by over 10 percent following a robust Q4 performance, with net profit rising 83.5 percent year-on-year to Rs 320 crore.
Source – Moneycontrol
