The result of Metropolis has come out spectacular. There has been a jump of more than 300% in profit. Revenue has increased by 40 percent. The result of Sun Pharma has also been excellent.
Today is the last day of the week. In such a situation, you know which shares are in discussion.
Thursday was Future and Options Expiry Day. In the second half, the market gained momentum and the Sensex gained 97 points to close at 51115 level while the Nifty gained 36 points to close at 15337. It is closing above the 15300 level for two consecutive days. The all-time high of Nifty is 15431 and today is the last day of the week. In such a situation, you know which shares are in discussion.
Shares of Onward Technologies jumped 20 per cent on Thursday as the company’s board of directors approved fund raising of Rs 70 crore. On May 27, there was a meeting of the company’s board in which this decision was taken. Shares of Shreyas Shipping also rose 20 percent on Thursday as the company’s consolidated profit stood at 32 crores in the March quarter. The company had a loss of 76 crores in the March 2020 quarter.
Mutual fund increased stake in Kalpataru
SBI Mutual Fund has raised 1.89 per cent stake in Kalpataru Power Transmission. Hester Biosciences Ltd has decided to invest 40 million in the covarine project. Its shares were up 8 per cent on Thursday.
Great performance of pharma companies
Apart from this, the result of Metropolis has come out fantastic. There has been a jump of more than 300% in profit. Revenue has increased by 40 percent. The result of Sun Pharma has also been excellent. Net profit has risen by more than 125 percent. Revenue has increased by 4 percent. Apart from this, Alkyl Amines, Strides Pharma, Cadila and Kalyan Jewelers have given excellent results.
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