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18 Jun 2024: Nifty Closes at ₹23,557.9 (+0.39%) | Apollo Hospitals & Bharat Electronics Shine, Maruti Suzuki & Finolex Industries Dip | Top Stocks To Watch

18 Jun 2024: Nifty Closes at ₹23,557.9 (+0.39%) | Apollo Hospitals & Bharat Electronics Shine, Maruti Suzuki & Finolex Industries Dip | Top Stocks To Watch
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Top Indices Performance Overview

Stock Close Range
NIFTY 50 ₹23,557.9 (0.39%) ₹23,499.69 – ₹23,579.05
NIFTY BANK ₹50,440.89 (0.87%) ₹49,900.19 – ₹50,562.14
NIFTY FIN SERVICE ₹22,595.9 (0.82%) ₹22,356.4 – ₹22,632.94
NIFTY IT ₹34,827.5 (0.66%) ₹34,665.39 – ₹34,917.39
NIFTY AUTO ₹25,715.19 (-0.03%) ₹25,691.84 – ₹25,991.44
NIFTY ENERGY ₹41,303.89 (0.64%) ₹41,093.14 – ₹41,343.55

Nifty 50 Performance Overview

The Nifty 50 started the day strong at ₹23,570.8, but didn’t stay there for long. The index took a bit of a dip, hitting a low of ₹23,499.69 before recovering and reaching a peak of ₹23,579.05. It ended the session on a positive note, closing at ₹23,557.9, up +0.39% for the day.

Take a look at the top gainers and losers for a deeper dive into today’s Nifty 50 performance.

Nifty 50 Top Gainers

Stock Close Range
Power Grid ₹331.79 (3.2%) ₹322 – ₹332.5
WIPRO ₹491.85 (3%) ₹480.04 – ₹493
ICICI BANK ₹1,125.5 (1.79%) ₹1,101.19 – ₹1,133.08
TITAN ₹3589 (1.66%) ₹3538 – ₹3625
Adani Enterprises ₹3,310.94 (1.5%) ₹3,287.19 – ₹3,344.6

Nifty 50 Top Losers

Stock Close Range
Maruti Suzuki ₹12,560.95 (-2.22%) ₹12,542.04 – ₹12880
Dr Reddy Lab ₹5985 (-1.65%) ₹5,980.04 – ₹6048
Tata Steel ₹181.12 (-1.11%) ₹180.6 – ₹184.6
UltraTech Cement ₹11,119.04 (-1.11%) ₹11,051.65 – ₹11,269.34
Hindalco ₹677.95 (-0.83%) ₹677.79 – ₹688

Nifty 50 Stocks To Watch for Tomorrow

Apollo Hospitals: A Bullish Trend to Watch

  • Performance Overview: Over the past 26 trading sessions, Apollo Hospitals has closed higher 17 times and lower 9 times.
  • Recent Trend: This stock has been on a roll! It’s been closing higher for the past nine days, with no red days since Tuesday, June 4th, 2024.
  • Returns: Apollo Hospitals has delivered a solid 6.65% return over the past 26 trading days. That means an investment of ₹10,000 would have grown to ₹10,665.
  • Financial Snapshot: In the last 12 months, Apollo Hospitals generated impressive revenue of ₹19,059.19 Crore and a profit of ₹898.6 Crore.
  • As of Tuesday, June 18th, 2024, Apollo Hospitals has a market capitalization of ₹88,877.81 Crore.
  • The Bottom Line: Apollo Hospitals is displaying a strong bullish trend. It’s worth keeping an eye on its price movements to see what the future holds. For both short-term and long-term growth prospects, consider checking out these resources: Apollo Hospitals Target for Tomorrow and Apollo Hospitals Targets for 2024 & 2025.

Apollo Hospitals Financial Performance

Metric Value Description
Market Capital 88,877.81 Crore Market valuation of Apollo Hospitals’s shares.
Revenue (TTM) 19,059.19 Crore Total revenue generated by Apollo Hospitals over the past twelve months.
Net Income (TTM) +898.6 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin 9.11% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 4.71% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+14.89% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+75.59% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
72.84 Company’s total debt divided by total shareholder equity.
Total Debt 5,332.6 Crore Sum of Apollo Hospitals’s current & long-term financial obligations.
Total Cash 1,617.79 Crore Total amount of liquid funds available to Apollo Hospitals.
Beta 0.56 Beta is less than 1 indicating that the Apollo Hospitals’s price is less volatile than the market.

Maruti Suzuki (Bearish Trend)

  • Performance Snapshot: Over the past 26 trading sessions, Maruti Suzuki has closed lower 15 times and higher 11 times.
  • Recent Activity: Maruti Suzuki has been on a 4-day downward trend, closing lower each day since Tuesday, June 11th, 2024.
  • Returns: Maruti Suzuki has generated a -0.93% return over the past 26 trading sessions. This means a ₹10,000 investment in Maruti Suzuki would have been worth ₹9,907 during this period.
  • Financial Highlights: Over the past 12 months, Maruti Suzuki has generated revenue of ₹1,41,858.2 Crore and recorded a profit of ₹13,488.2 Crore.
  • As of Tuesday, June 18th, 2024, Maruti Suzuki has a Market Capitalization of ₹4,03,856.94 Crore.
  • Summary: Maruti Suzuki is currently experiencing a bearish trend. It’s wise for investors to monitor its performance closely, especially its potential direction in the near future. You can check out Maruti Suzuki’s Target for Tomorrow and Maruti Suzuki’s Targets for 2024 & 2025 to get a better understanding.

Maruti Suzuki Financial Performance

Metric Value Description
Market Capital 4,03,856.94 Crore Market valuation of Maruti Suzuki’s shares.
Revenue (TTM) 1,41,858.2 Crore Total revenue generated by Maruti Suzuki over the past twelve months.
Net Income (TTM) +13,488.2 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin 10.19% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 9.5% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+20% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+48% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
0.13 Company’s total debt divided by total shareholder equity.
Total Debt 118.6 Crore Sum of Maruti Suzuki’s current & long-term financial obligations.
Total Cash 6,735.3 Crore Total amount of liquid funds available to Maruti Suzuki.
Beta 0.59 Beta is less than 1 indicating that the Maruti Suzuki’s price is less volatile than the market.

Nifty 500 Performance Overview

The Nifty 500 started the day at ₹22,318.09, showing a bit of a rollercoaster ride. It dipped to a low of ₹22,254.5 before climbing to a high of ₹22,338.09. The day ended on a positive note, closing at ₹22,330.84, up 0.52%.

This movement was influenced by strong performances from some stocks and weaker showings from others, which you can see in the table below.

Nifty 500 Top Gainers

Stock Close Range
Fertilisers & Chemicals Travancore ₹859.84 (10.25%) ₹772.09 – ₹885
Cochin Shipyard ₹2,334.55 (9.99%) ₹2,135.75 – ₹2,334.55
MMTC ₹83.83 (9.94%) ₹75.56 – ₹85.82
Metro Brands ₹1255 (9.11%) ₹1155 – ₹1,261.25
Asahi Glass ₹673 (8.53%) ₹622.79 – ₹673

Nifty 500 Top Losers

Stock Close Range
Chemplast Sanmar ₹593 (-4.59%) ₹591.7 – ₹623.59
KNR Constructions ₹372.04 (-4.29%) ₹370 – ₹394.7
kpil ₹1168 (-4.28%) ₹1157 – ₹1,254.94
Gujarat Ambuja Exports ₹142.66 (-3.83%) ₹140.5 – ₹149.63
Sumitomo Chemical India ₹478.64 (-3.8%) ₹476.29 – ₹510.75

Nifty 51 to 500 Stocks To Watch for Tomorrow

Bharat Electronics (Strong Bullish Trend)

  • Performance Overview: Over the last 26 trading days, Bharat Electronics has closed higher 21 times and lower 5 times.
  • Recent Trend: Bharat Electronics has been on a roll, closing higher for the past 9 consecutive trading days – a strong sign of positive momentum! This streak started on Tuesday, June 4, 2024.
  • Returns: In the past 26 trading sessions, Bharat Electronics has delivered impressive returns of 40.03%. That means a ₹10,000 investment in the stock would have grown to ₹14,003.
  • Financial Insight: Over the past year, Bharat Electronics has generated revenue of ₹20,268.24 Crore, a significant figure! The company also generated a profit of ₹3,984.51 Crore during the same period, demonstrating its profitability.
  • As of Tuesday, June 18, 2024, Bharat Electronics has a Market Capital of ₹2,26,383.88 Crore, reflecting its substantial size and market value.
  • Summary: Bharat Electronics is displaying a robust bullish pattern, making it a stock worth watching. To stay informed about its short-term and long-term potential, you can check out the following resources: Checkout Bharat Electronics Target for Tomorrow and Bharat Electronics Targets for 2024 & 2025.

Bharat Electronics Financial Performance

Metric Value Description
Market Capital 2,26,383.88 Crore Market valuation of Bharat Electronics’s shares.
Revenue (TTM) 20,268.24 Crore Total revenue generated by Bharat Electronics over the past twelve months.
Net Income (TTM) +3,984.51 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin 25.32% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 19.65% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+32.2% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+30% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
0.38 Company’s total debt divided by total shareholder equity.
Total Debt 62.51 Crore Sum of Bharat Electronics’s current & long-term financial obligations.
Total Cash 11,056.59 Crore Total amount of liquid funds available to Bharat Electronics.
Beta 0.49 Beta is less than 1 indicating that the Bharat Electronics’s price is less volatile than the market.

Finolex Industries/Pipe (Bearish Trend)

  • Performance Snapshot: Over the past 26 trading days, Finolex Industries/Pipe closed higher on 13 occasions and lower on 13 others. This suggests a relatively balanced performance in recent weeks.
  • Current Trend: Finolex Industries/Pipe has been on a downward slide, closing lower for six consecutive trading days, starting from Friday, June 7th, 2024.
  • Returns: During this period, Finolex Industries/Pipe delivered a total return of 22.14%. This means an initial investment of ₹10,000 would have grown to ₹12,214.
  • Financial Highlights: In the last twelve months, Bharat Electronics generated a revenue of ₹4,317.43 Crore and recorded a profit of ₹473.59 Crore.
  • As of Tuesday, June 18th, 2024, Bharat Electronics has a Market Capitalization of ₹20,528.92 Crore.
  • Summary: Finolex Industries/Pipe is currently in a bearish phase, indicating a downward trend. We encourage investors to closely monitor its performance, particularly considering Finolex Industries/Pipe Target for Tomorrow and Finolex Industries/Pipe Targets for 2024 & 2025.

Finolex Industries/Pipe Financial Performance

Metric Value Description
Market Capital 20,528.92 Crore Market valuation of Finolex Industries/Pipe’s shares.
Revenue (TTM) 4,317.43 Crore Total revenue generated by Finolex Industries/Pipe over the past twelve months.
Net Income (TTM) +473.59 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin 14.75% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin 10.96% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+8.3% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-1.4% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
6.99 Company’s total debt divided by total shareholder equity.
Total Debt 393.95 Crore Sum of Finolex Industries/Pipe’s current & long-term financial obligations.
Total Cash 1,936.79 Crore Total amount of liquid funds available to Finolex Industries/Pipe.
Beta 0.73 Beta is less than 1 indicating that the Finolex Industries/Pipe’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
Bajaj Auto 9920.00 (-0.42%) 10036.84 (+%) Thu 01 Jan 1970
Balkrishna Industries 3343.60 (+3.17%) 3361.94 (+%) Thu 01 Jan 1970
BASF 4972.00 (+0.38%) 5089.79 (+%) Thu 01 Jan 1970
Bharti Hexacom 1157.00 (+7.39%) 1174.50 (+%) Thu 01 Jan 1970
Blue Star 1729.09 (-0.42%) 1797.90 (+%) Thu 01 Jan 1970

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
Aarti Pharmalabs 642.84 (+6.05%) 642.84 (+%) Thu 01 Jan 1970
Astra Microwave Products 1024.00 (+6.07%) 1059.00 (+47.04%) 720.20 Tue 23 Apr 2024
Aurionpro Solutions 2820.00 (+4.69%) 2828.14 (+5.35%) 2684.45 Mon 01 Apr 2024
Azad Engineering 1887.44 (+3.7%) 1887.44 (+%) Thu 01 Jan 1970
BEML 4697.64 (-0.4%) 4847.85 (+%) Thu 01 Jan 1970

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
ACGL 2461.55 (+1.06%) 2498.80 (+%) Thu 01 Jan 1970
ADC India Communications 1529.44 (+8.23%) 1550.00 (+%) Thu 01 Jan 1970
Advait Infratech 1849.00 (-2.64%) 1950.00 (+17.28%) 1662.60 Mon 01 Apr 2024
Amba Enterprises 258.50 (+8.31%) 264.50 (+%) Thu 01 Jan 1970
Automotive Stampings 1035.00 (+6.08%) 1043.90 (+%) Thu 01 Jan 1970

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. Connect on linkedin