Jubilant Pharmova tanks over 11% on weak March quarter results, new USFDA observation

The stock lost as much as 11.2 percent to its day's low of ₹318.50. It is now down 33 percent from its 52-week high of ₹423.55, hit on December 9, 2022.

Mahindra &amp; Mahindra stock jumps nearly 4%; m-cap climbs ₹5,919 crore after earnings announcement

<ul><li>The stock ended at ₹1,329.45, a gain of 3.71 per cent on the BSE. During the day, it climbed 5.31 per cent to ₹1,350.</li></ul>

Mahindra & Mahindra stock jumps nearly 4%; m-cap climbs ₹5,919 crore after earnings announcement

Hi-Tech Pipes jumps 9.5% after company posts highest-ever profit, revenue and EBITDA in Q4

The company's consolidated net profit jumped 42 percent YoY to ₹16 crore as against ₹11.2 crore in the year-ago period.

Earnings Impact: eClerx Services soars 9% on decent March quarter results

The company's consolidated net profit rose 11.6 percent to ₹132.5 crore for the quarter under review from ₹118.7 crore in the year-ago period.

Earnings Impact: Piramal Pharma soars 13% as company turns profitable in March quarter

Piramal Pharma: The stock surged as much as 13.2 percent to its day's high of ₹83.90. The stock has jumped over 16 percent in May so far after a 3.5 percent gain in April.

Delhivery: 37% upside or nil? Brokerages remain mixed after March quarter earnings

While Axis Capital has a ‘buy’ call and sees over 37 percent upside, JM Financial and Nuvama have ‘hold’ call and see just 3 percent and 0 percent upside, respectively.

BofA Securities says US recession imminent, advises booking profits as markets near peak

In a recent note, BofA Securities informed that Nifty has usually performed well — both ahead of and after a recession. However, it advised that with markets currently near their peaks, there is room for correction with the onset of a recession in the US.

Zomato: Brokerages remain positive as net loss narrows; see up to 64% upside

Zomato was in focus on Monday after Q4 earnings showed the company's net loss narrowed further, adjusted Ebitda turned positive and revenue surged in the quarter ended March 2023. On the back of strong results, brokerages also retained their positive outlook on the food delivery aggregator.

Earnings review: Greenpanel EBITDA margins take a hit on higher input cost; what's the road ahead?

<ul><li>The company is increasing the Greenpanel Brand Value, by associating with Delhi Capitals, an IPL franchise, as principal sponsor for 3 years.</li></ul>

Eight PSU banks register more than 50% rise in Q4 net profit; Bank of Baroda tops the list

Bank of Baroda leads the way with a 168% YoY rise in Q4FY23 net profit to ₹4,775 crore. Bank of Maharashtra, Bank of India, Union Bank of India, Canara Bank, and Central Bank of India also delivered strong profit growth in Q4FY23.

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Jubilant Pharmova tanks over 11% on weak March quarter results, new USFDA observation

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