NTPC Green Energy shares fell after the company reported a 15% year-on-year decline in March quarter net profit despite strong revenue growth. Rising expenses weighed on margins, although sequential earnings improved sharply. The stock also remained under pressure amid weak near-term technical indicators despite continued buying interest from domestic institutional investors.
Melody effect: Wrong ‘Parle’ stock hits 5% upper circuit for 4th day, up 21% since PM Modi’s gift for Meloni
Parle Industries shares hit the 5% upper circuit for the fourth consecutive session amid speculation that investors are mistaking it for unlisted FMCG major Parle