Sarda Energy & Minerals

Despite higher US tariffs impacting the market, select stocks thrived in August. Auto sector optimism grew due to potential GST cuts and supportive factors. HBL Engineering and Sarda Energy & Minerals saw significant gains, while Ola Electric rebounded sharply in August.

Sarda Energy & Minerals' share price surged 20% to ₹ 527, reaching a 5-month high after reporting a 120% YoY profit increase to ₹ 437 crore. Revenue rose 76% YoY to ₹ 1,633 crore, driven by strong performance in energy segment.

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Sarda Energy Minerals share price jumped 14% after subsidiary secured a letter of intent for an iron ore block in Maharashtra. Analyst foresees a rise towards 245-260 levels.

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Sarda Energy share price surged by 10% and reached a new 52-week high on Tuesday. The company's stock price has appreciated by 54% since May 27. SEML offers a diverse product portfolio and has achieved impressive returns over the past year.

As we inch closer to the last phase of earnings season, several big firms are still left to announce their Q4 results. This week, LIC, ONGC, Nykaa, Vodafone Idea, Ashok Leyland, Sun Pharma, Mahindra, Grasim, Zee Entertainment Enterprise, Hindalco, Shree Cement, etc will announce their Q4 earnings