Shares of Grasim Industries rose 5% to an all-time high of Rs 3,116.90 apiece on May 21 to emerge as top Nifty gainer a day after the company announced its March quarter earnings. Brokerages took a bullish stance on the stock due to its improved performance in the paints business. The company narrowed its March quarter net loss, and revenue was sharply above analysts' estimate.The Aditya Birla Gro...

JSW Cement reported a more than ten-fold jump in fourth-quarter profit on May 21, helped by improved demand, following which its shares rose up to 9%.The JSW Group firm posted consolidated net profit of Rs 371 crore for the quarter ended March 31 from Rs 34 crore a year ago.India's demand for cement accelerated 6%-7% year-on-year in January and February due to strong growth but moderated in March,...

Shares of Parle Industries gained nearly 5% for the second straight session on Thursday after hitting the upper circuit in the previous trading session.The stock has come into focus after a viral video featuring Italian Prime Minister Giorgia Meloni and Prime Minister Narendra Modi sparked a social media frenzy around Melody toffees.Despite the rally, Parle Industries has no connection with Melody...

Ola Electric shares declined more than 4 percent after the company reported a sharp decline in revenue for the March quarter, while brokerages flagged pricing pressure and execution-related concerns.The electric two-wheeler maker reported a consolidated net loss of Rs 500 crore for the quarter, compared with a loss of Rs 870 crore in the corresponding period last year.Revenue from operations decli...

Equity benchmarks recouped all their opening losses and closed higher by nearly 0.2 percent on May 20. Market breadth slightly tilted in favour of the bulls, with 1,497 shares advancing against 1,432 declining shares on the NSE. Further upside in the market is likely in the upcoming session, but the sustainability of gains will be key to watch. Below are some short-term trading ideas to consider:R...