Mumbai4 days ago
Today, on Wednesday, April 26, there has been a boom in the Indian stock market. The Sensex climbed 169 points to close at 60,300. Nifty also gained 44 points. It closed at the level of 17,813. Out of 30 Sensex stocks, 21 have seen a rise and 9 have seen a decline.
Today the realty sector closed up by 1.36%. Bank Nifty ended 0.35% higher after volatility. Auto gained 0.53%. Metal was sold by 0.44%.
Maruti’s profit increased by 43%
The country’s largest car company Maruti Suzuki announced the results for the fourth quarter (Q4FY23) ending March 2023. The company’s net profit for the quarter grew 43% year-on-year to Rs 2,624 crore. It was Rs 1,839 crore in the same quarter last year.
The board has approved a dividend of Rs 90 per share for the financial year 2022-23. The company’s revenue for the fourth quarter grew 20% year-on-year to Rs 32,048 crore, as against Rs 26,740 crore in the previous year. Maruti’s stock gained 0.19% today and closed at Rs 8,485.
There was a boom in the stock market on Tuesday
Earlier on Tuesday, there was an increase in the Indian stock market. The Sensex was up 74.61 points or 0.12% to close at 60,130. The Nifty was also up 25.85 points or 0.15%. It closed at the level of 17,769.25. Of the 30 Sensex stocks, 18 advanced and 12 declined.
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