Home / Thu 11 Jul 2024 Market Recap
11 Jul 2024: Nifty closed at ₹24,339.05 (+0.06%). Dr Reddy’s Lab on 8-day winning streak. Top Gainers: ONGC ₹305.64 (+2.49%), Coal India ₹501.7 (+2.23%)
Show Table of Contents
Table of Contents
- 1: Top Indices Performance Overview
- 2: Nifty 50 Performance Overview
- 2.1: Nifty 50 Top Gainers
- 2.2: Nifty 50 Top Losers
- 2.3: Nifty 50 Stocks To Watch for Tomorrow
- 2.3.1: Dr Reddy’s Lab: A Closer Look at its Recent Performance
- 2.3.2: ➲ Adani Enterprises (Bearish Trend)
- 3: Nifty 500 Performance Overview
- 3.1: Nifty 500 Top Gainers
- 3.2: Nifty 500 Top Losers
- 3.3: Nifty 51 to 500 Stocks To Watch for Tomorrow
- 3.3.1: Power Finance Corporation: A Look at its Recent Performance
- 3.3.2: ➲ SKF India (Bearish Pattern)
- 4: Top Stocks That Created a New All Time High Today
- 4.1: Top Large Cap Stocks That Created a New All Time High Today
- 4.2: Top Mid Cap Stocks That Created a New All Time High Today
- 4.3: Top Small Cap Stocks That Created a New All Time High Today
Top Indices Performance Overview
| Stock | Close | Range |
|---|---|---|
| NIFTY 50 | ₹24,339.05 (0.06%) | ₹24,198.69 – ₹24,392.94 |
| NIFTY BANK | ₹52,305.64 (0.22%) | ₹51,750.35 – ₹52,395.1 |
| NIFTY FIN SERVICE | ₹23,616.9 (0.07%) | ₹23,389.3 – ₹23,682.84 |
| NIFTY IT | ₹37,318.44 (0.1%) | ₹37,109.1 – ₹37,632.35 |
| NIFTY AUTO | ₹25,277.09 (-0.11%) | ₹25,229.09 – ₹25,430.55 |
| NIFTY ENERGY | ₹42862 (0.43%) | ₹42,577.55 – ₹43,035.89 |
Nifty 50 Performance Overview
The Nifty 50 started the day at ₹24,392.94. It went on a bit of a rollercoaster ride, dipping to a low of ₹24,198.69 and climbing back up to its opening price before settling at ₹24,339.05 for a modest +0.06% gain.
Take a look at the table below to see which stocks played a key role in the Nifty’s performance today.
Nifty 50 Top Gainers
| Stock | Close | Range |
|---|---|---|
| ONGC | ₹305.64 (2.49%) | ₹295.14 – ₹307.2 |
| Coal India | ₹501.7 (2.23%) | ₹490.85 – ₹506 |
| Bharat Petroleum | ₹306.5 (2.04%) | ₹299.6 – ₹307.85 |
| ITC | ₹458.5 (1.56%) | ₹449 – ₹459.5 |
| Tata Motors | ₹1,020.79 (1.52%) | ₹1,008.34 – ₹1,025.44 |
Nifty 50 Top Losers
| Stock | Close | Range |
|---|---|---|
| Tata Consumer Products | ₹1,131.4 (-1.69%) | ₹1,128.65 – ₹1,152.19 |
| Bajaj Finance | ₹6,958.79 (-1.37%) | ₹6930 – ₹7,074.7 |
| Divis Lab | ₹4,580.39 (-1.22%) | ₹4,565.39 – ₹4651 |
| Mahindra & Mahindra | ₹2,700.5 (-1.16%) | ₹2691 – ₹2,749.94 |
| Sun Pharma | ₹1,583.65 (-0.94%) | ₹1,572.3 – ₹1,601.44 |
Nifty 50 Stocks To Watch for Tomorrow
Dr Reddy’s Lab: A Closer Look at its Recent Performance
- Performance Overview: In the last 26 trading days, Dr Reddy’s Lab closed higher than the previous day 20 times and lower 6 times. This suggests a generally positive momentum.
- Recent Trend: Dr Reddy’s Lab has been on an impressive 8-day winning streak, closing higher each day since July 1, 2024. This upward trend is certainly catching investors’ attention.
- Returns: Over the past 26 trading days, Dr Reddy’s Lab delivered a 15.11% return. If you had invested ₹10,000 during that period, it would be worth ₹11,511 today.
- Financial Insight: Over the past year, Dr Reddy’s Lab generated a revenue of ₹27,916.39 Crore and achieved a profit of ₹5,568.4 Crore. These figures indicate strong financial performance and a company that’s generating profits.
- As of July 11, 2024, Dr Reddy’s Lab has a Market Capital of ₹1,08,632.32 Crore. This signifies its overall size and value in the market.
- Summary: Dr Reddy’s Lab exhibits a strong bullish pattern, and many investors are likely optimistic about its future. To get a better understanding of potential future movements, check out Dr Reddy’s Lab Target for Tomorrow and Dr Reddy’s Lab Targets for 2024 & 2025.
Dr Reddy Lab Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,08,632.32 Crore | Market valuation of Dr Reddy Lab’s shares. |
| Revenue (TTM) | 27,916.39 Crore | Total revenue generated by Dr Reddy Lab over the past twelve months. |
| Net Income (TTM) | +5,568.4 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 18.31% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 19.94% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +12.5% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +36.29% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 7.13 | Company’s total debt divided by total shareholder equity. |
| Total Debt | 2,002 Crore | Sum of Dr Reddy Lab’s current & long-term financial obligations. |
| Total Cash | 8,146.99 Crore | Total amount of liquid funds available to Dr Reddy Lab. |
| Beta | 0.34 | Beta is less than 1 indicating that the Dr Reddy Lab’s price is less volatile than the market. |
➲ Adani Enterprises (Bearish Trend)
- Performance Overview: Over the last 26 trading sessions, Adani Enterprises has closed higher than the previous day 14 times and lower 12 times. This suggests some volatility in its recent performance.
- Recent Trend: Adani Enterprises has been on a downward trend, closing lower for the past four trading days. The last time it closed higher was on Friday, July 5th, 2024.
- Returns: In the last 26 trading sessions, Adani Enterprises has delivered a modest 1.88% return. This means that a ₹10,000 investment would have grown to ₹10,188.
- Financial Insight: Over the past 12 months, Adani Enterprises generated revenue of ₹96,420.98 Crore and a profit of ₹3,104.19 Crore.
- As of Thursday, July 11th, 2024, Adani Enterprises has a Market Capital of ₹3,58,860.58 Crore.
- Summary: Adani Enterprises is currently experiencing a bearish phase, meaning its stock price is trending downwards. It’s worth keeping a close eye on the stock’s performance, particularly its potential target for tomorrow and its projected targets for 2024 and 2025.
Adani Enterprises Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 3,58,860.58 Crore | Market valuation of Adani Enterprises’s shares. |
| Revenue (TTM) | 96,420.98 Crore | Total revenue generated by Adani Enterprises over the past twelve months. |
| Net Income (TTM) | +3,104.19 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 8.76% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 3.36% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -6.9% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | -37.6% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 147.8 | Company’s total debt divided by total shareholder equity. |
| Total Debt | 65,310.14 Crore | Sum of Adani Enterprises’s current & long-term financial obligations. |
| Total Cash | 4,380.95 Crore | Total amount of liquid funds available to Adani Enterprises. |
| Beta | 0.93 | Beta is less than 1 indicating that the Adani Enterprises’s price is less volatile than the market. |
Nifty 500 Performance Overview
The Nifty 500 opened the day at ₹23,058.4. While it saw some ups and downs throughout the session, reaching a low of ₹22,904.4 and a high of ₹23,058.4, it ultimately closed the day at ₹23,019.05, showing a positive gain of +0.18%.
Nifty 500 Top Gainers
| Stock | Close | Range |
|---|---|---|
| Engineers India | ₹289 (10.2%) | ₹261.39 – ₹294.95 |
| Oil India | ₹554.9 (8.2%) | ₹514.04 – ₹582.59 |
| Gujarat Pipavav Port | ₹236.69 (7.89%) | ₹221.32 – ₹241 |
| Great Eastern Shipping | ₹1461 (7.22%) | ₹1,378.34 – ₹1,542.8 |
| CDSL | ₹2451 (6.7%) | ₹2,299.89 – ₹2492 |
Nifty 500 Top Losers
| Stock | Close | Range |
|---|---|---|
| Raymond | ₹2,001.3 (-36.59%) | ₹1812 – ₹2,001.3 |
| Tube Investments of India | ₹4,228.95 (-6.62%) | ₹4,225.14 – ₹4,589.85 |
| Shoppers Stop | ₹837.2 (-6.56%) | ₹832.25 – ₹871.84 |
| 360 ONE WAM | ₹966.7 (-4.12%) | ₹961.54 – ₹1,008.2 |
| Glenmark Life Sciences | ₹841 (-3.98%) | ₹839.2 – ₹868.4 |
Nifty 51 to 500 Stocks To Watch for Tomorrow
Power Finance Corporation: A Look at its Recent Performance
- Performance Overview: Over the past 26 trading sessions (ending on Thursday, July 11, 2024), Power Finance Corporation (PFC) has closed higher than the previous day’s closing price on 20 occasions, while closing lower on 6 days. This indicates a positive trend in its stock price.
- Recent Trend: PFC has been on a roll, experiencing a 10-day green streak, with its price steadily rising since Thursday, June 27, 2024.
- Returns: If you had invested ₹10,000 in PFC on June 17, 2024, your investment would have grown to ₹12,845 by July 11, 2024 – a return of 28.45% over the 26 trading days.
- Financial Insight: PFC’s strong performance is reflected in its financial health. Over the past 12 months, the company generated a revenue of ₹34,763.44 Crore and earned a profit of ₹19,761.16 Crore. This indicates strong profitability and financial stability.
- As of Thursday, July 11, 2024, PFC has a Market Capital of ₹1,62,249.41 Crore.
- Summary: PFC’s recent performance shows a clear bullish pattern. While past performance is not always indicative of future results, PFC’s financial strength and positive market momentum make it a compelling stock to watch. To learn more about PFC’s potential future price movement, check out these resources: Power Finance Corporation Target for Tomorrow and Power Finance Corporation Targets for 2024 & 2025.
Power Finance Corporation Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,62,249.41 Crore | Market valuation of Power Finance Corporation’s shares. |
| Revenue (TTM) | 34,763.44 Crore | Total revenue generated by Power Finance Corporation over the past twelve months. |
| Net Income (TTM) | +19,761.16 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 94.94% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 56.84% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -7.01% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +20.3% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 642.7 | Company’s total debt divided by total shareholder equity. |
| Total Debt | 8,63,074.46 Crore | Sum of Power Finance Corporation’s current & long-term financial obligations. |
| Total Cash | 20,332.6 Crore | Total amount of liquid funds available to Power Finance Corporation. |
| Beta | 0.84 | Beta is less than 1 indicating that the Power Finance Corporation’s price is less volatile than the market. |
➲ SKF India (Bearish Pattern)
- Performance Overview: Over the past 26 trading sessions, SKF India has had a mixed performance, closing higher on 9 days and lower on 17 days.
- Recent Trend: SKF India has been on a downward trend, closing lower for 8 consecutive days, starting from Monday, July 1st, 2024.
- Returns: SKF India generated a modest 0.17% return over the past 26 trading sessions. This means an investment of ₹10,000 would have grown to ₹10,017.
- Financial Insight: In the last 12 months, SKF India achieved a revenue of ₹4,570.13 Crore and generated a profit of ₹551.8 Crore.
- As of Thursday, July 11th, 2024, SKF India has a Market Capital of ₹30,991.69 Crore.
- Summary: SKF India is currently experiencing a bearish trend. Investors are advised to monitor the stock closely, especially considering SKF India Target for Tomorrow and SKF India Targets for 2024 & 2025.
SKF India Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 30,991.69 Crore | Market valuation of SKF India’s shares. |
| Revenue (TTM) | 4,570.13 Crore | Total revenue generated by SKF India over the past twelve months. |
| Net Income (TTM) | +551.8 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 16.16% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 12.07% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +9.9% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +42.2% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 0.43 | Company’s total debt divided by total shareholder equity. |
| Total Debt | 11.76 Crore | Sum of SKF India’s current & long-term financial obligations. |
| Total Cash | 1,222.11 Crore | Total amount of liquid funds available to SKF India. |
| Beta | 0.47 | Beta is less than 1 indicating that the SKF India’s price is less volatile than the market. |
Top Stocks That Created a New All Time High Today
Top Large Cap Stocks That Created a New All Time High Today
Companies with Market Capital more than 20,000 Crores| Stock | Close | New All-Time High (ATH) | Previous ATH | Previous ATH Date |
|---|---|---|---|---|
| Dr Reddy Lab | 6605.00 (+0.18%) | 6621.10 (+%) | Thu 01 Jan 1970 | |
| Federal Bank | 193.24 (+2.42%) | 193.59 (+%) | Thu 01 Jan 1970 | |
| Glenmark Pharma | 1384.40 (+0.17%) | 1397.00 (+%) | Thu 01 Jan 1970 | |
| GRASIM | 2807.89 (+0.2%) | 2836.14 (+19.36%) | 2376.00 | Tue 23 Apr 2024 |
| ICICI BANK | 1238.44 (-0.39%) | 1257.69 (+12.64%) | 1116.55 | Wed 10 Apr 2024 |
Top Mid Cap Stocks That Created a New All Time High Today
Companies with Market Capital between 5,000 Crores to 20,000 Crores| Stock | Close | New All-Time High (ATH) | Previous ATH | Previous ATH Date |
|---|---|---|---|---|
| CMS Info Systems | 526.40 (+1.49%) | 532.00 (+%) | Thu 01 Jan 1970 | |
| Engineers India | 289.00 (+10.2%) | 294.95 (+%) | Thu 01 Jan 1970 | |
| Great Eastern Shipping | 1461.00 (+7.22%) | 1542.80 (+40.63%) | 1097.00 | Wed 24 Apr 2024 |
| Isgec Heavy Engineering | 1450.00 (+3.49%) | 1460.09 (+%) | Thu 01 Jan 1970 | |
| KPIL | 1391.65 (+3.42%) | 1410.00 (+15.47%) | 1221.00 | Fri 19 Apr 2024 |
Top Small Cap Stocks That Created a New All Time High Today
Companies with Market Capital less than 5,000 Crores| Stock | Close | New All-Time High (ATH) | Previous ATH | Previous ATH Date |
|---|---|---|---|---|
| 21ST CENTURY MANAG | 79.51 (+1.98%) | 79.51 (+%) | Thu 01 Jan 1970 | |
| Ace Software Exports | 285.35 (+1.98%) | 285.35 (+89.87%) | 150.28 | Mon 01 Apr 2024 |
| Ahmedabad Steelcraft | 123.15 (+1.98%) | 123.15 (+%) | Thu 01 Jan 1970 | |
| AMBALALSA | 72.70 (+2.88%) | 77.70 (+%) | Thu 01 Jan 1970 | |
| Ashish Polyplast | 86.39 (+1.99%) | 86.39 (+%) | Thu 01 Jan 1970 |
