What is the story about?
Q2 Results Live Updates: Earnings reactions are aplenty on the first trading day of the week. Shares of HBL Engineering and NALCO are leading the gains on the Nifty 500 index in response to their results. HBL Engineering shares have surged over 14%, while those of NALCO are up 8%. Torrent Pharma shares have extended their gains to 5.5% as well. KPIT Tech, which just reported results, has extended its gains to 4% ahead of more management commentary.
On the downside, shares of Transformers & Rectifiers India are locked in a 20% lower circuit, followed by Trent, which is down 7% to become the top loser on the Nifty 50 index. JM Financial's shares are also trading with losses of over 5.5%. Ahead of its results, shares of Ather Energy are also trading with losses of over 5%. In companies reporting results today, Bajaj Finance and ONGC are among the Nifty 50 stocks reporting results today, along with broader market names like Vodafone Idea, HUDCO, Graphite India, HEG, Sula Vineyards, Syrma SGS, Venus Pipes, MapMyIndia among other names. Watch this space for all the live updates.
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