Stocks in News Today

5paisa Research Team 17th May 2024 - 10:09 am

Our analysts at 5paisa scan through the financial markets and select the few trending stocks which were in the news and in the limelight for the day. Here is the list of a few trending stocks with their latest News and Updates.

Trending Stocks Today: 17-May-2024

1. Reliance Industries (RIL)

To increase its footprint in the Indian retail industry, Reliance Retail, the subsidiary of Reliance Industries, has a partnership with ASOS, an online apparel retailer established in the UK. Reliance's commitment to providing Indian consumers with a variety of shopping experiences is demonstrated by this exclusive arrangement across online and offline channels.

2. Adani Ports

Because of worries over abuses of human rights, the firm was barred from the Government Pension Fund of Norway.

3. Vodafone Idea (Vi)

Although sales increased somewhat, Vodafone Idea's Q4 figures indicate a wider deficit. After losing Rs 6,986 crore in the third quarter of the same fiscal year, the loss grew to Rs 7,674.6 crore (Q3FY24). Revenue was Rs 10,606.8 crore, a slight increase. Its margin increased 10 basis points to 40.9 percent, but its earnings before interest, taxes, depreciation, and amortization (Ebitda) decreased by 0.3 percent to Rs 4,336 crore.

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5paisa Research Team

Disclaimer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

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