1 month ago
Midday Stock Moves: Bajaj, Tata Steel, Swiggy, Hyundai, Astra
On July 31, the Indian stock market saw several big moves.
Bajaj Finserv shares jumped about 5% after reporting a good quarter.
Bajaj Finance shares rose 8% because a brokerage gave it a strong rating.
Tata Steel shares went up a little after better earnings.
Swiggy shares fell a bit after it narrowed its loss.
Astra Microwave shares leapt over 10% after winning a big defense order from Hindustan Aeronautics.
These changes show how company results can quickly change how investors feel about stocks.
Bajaj Finserv shares up ~5% after strong June‑quarter earnings.
Bajaj Finance shares up ~8% following Q1 upgrade and positive brokerage rating.
Tata Steel shares up ~1% after better June‑quarter profit and awaiting European ops commentary.
Swiggy shares fell >3% after narrowing net loss and improving revenue.
Astra Microwave shares surged >10% after securing large defense order from Hindustan Aeronautics.
- Who
- Bajaj Finserv, Bajaj Finance, Tata Steel, Swiggy, Hyundai Motor India, Astra Microwave Products, Hindustan Aeronautics
- What
- Midday stock price movements driven by earnings reports and new orders
- Where
- Indian domestic equity market (Nifty and Sensex)
- When
- July 31, 2024
- Why
- Positive earnings, new defense contracts, and guidance updates influenced investor sentiment
Key facts
- Nifty level
- 24,393
- Sensex level
- 78,145
- Bajaj Finserv Q2 profit
- Rs 3,132.35 crore
- Bajaj Finance Q1 profit
- Rs 5,986 crore
- Tata Steel Q2 profit
- Rs 2,318.35 crore
- Swiggy Q2 net loss
- Rs 791 crore
- Astra Microwave order
- Rs 2,205.23 crore








