Stocks in focus on May 08, 2020


New Delhi: Markets ended decrease on Thursday with the BSE Sensex falling 242.37 factors or 0.76 per cent to shut at 31,443.38. The broader NSE Nifty slipped 71.85 factors, or 0.78 per cent, to 9,199.05.

Only 5 Sensex constituents completed in the inexperienced — IndusInd Bank, M&M, Reliance Industries, Axis Bank and Tech Mahindra, spurting as much as 6.58 per cent.

Here are the key shares in focus on May 08, 2020

Cyient

IT agency Cyient on Thursday reported a 74.four per cent decline in consolidated web revenue at Rs 45.2 crore for March 2020 quarter.

Gillette India

Shaving merchandise maker Gillette India Ltd on Thursday reported a 40.31 per cent decline in web revenue to Rs 52.38 crore for the January-March quarter 2020.

RBL Bank

RBL Bank on Thursday reported a 54 per cent decline in its web revenue to Rs?114 crore for the March 2020 quarter, because the provisioning for unhealthy loans spiked manyfold.

ICICI Securities

ICICI Securities on Thursday reported a 28 per cent leap in revenue after tax at Rs 156 crore for the March quarter on account of progress in income and modifications in statutory tax charges.

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