Post Market Analysis 24-06-2021

Manoj Kumar June 24, 2021

Indian Stocks Market close with minor gains after a narrow-range trade; midcaps underperform benchmarks with Midcap Index closing lower, Metal& IT stocks major hit. Sensex up by 392.92 points to 52,699.00. The Nifty up by 103.50 points to 15,790.45.

Indian rupee extended the early losses and ended near the day’s low at 74.16.

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Nureca: Hornbill Orchid India Fund bought 1,95,766 equity shares in Nureca at Rs 1,549.97 per share on the BSE.

Orchid Pharma: Dhanuka Laboratories one of the promoters will sell 8.04 percent of the total share of the company aggregate up to 32,80,115 on June 24 and June 25 via an offer for sale.

Apollo Hospitals: The company had posted a consolidated net profit of Rs 209.60 crore in the corresponding quarter of the previous fiscal. Consolidated revenue from operations stood at Rs 2,867.95 crore in against Rs 2,922.43 crore in the year-ago quarter.

Sona Comstar: Shares made a muted debut on the bourses on June 24 on the back of the ongoing market volatility. The stock listed with a premium of 3.4% at Rs. 301 per share on the NSE as against the issue price of Rs. 291 per share. On BSE, it was listed at Rs. 302.40 apiece, up 3.9%.

Shyam Metalics: Shares got listed at Rs. 380 apiece on the National Stock Exchange (NSE) on June 24, a premium of 24.18% to the issue price of Rs. 306 per share. The stock got listed with a 19.93% premium at Rs. 367.00 on the BSE

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Manoj Kumar June 24, 2021

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