Satin Creditcare zooms 16% as arm gets housing finance license

Shares of Satin Creditcare Network surged over 16 per cent on the Bombay Stock Exchange after the company said that National Housing Bank has granted certificate of registration to the company's wholly owned subsidiary. “The National Housing Bank has granted 'certificate of registration to commence business of a Housing Finance on November 14, 2017 to Satin Housing Finance Limited

RCOM spikes 14% on report to sell real estate assets

Shares of Reliance Communications (RCOM) rallied over 14 per cent on the Bombay Stock Exchange after media report suggested that the lenders of company have approved sale of its real estate assets in Delhi and Chennai. Cheering the news, shares of company gained as much as 14.10 per cent to touch an intra-day high of Rs 13.75 apiece on the Bombay Stock Exchange.

In a similar fashion,

Jet Airways nosedives over 7% on cost-cutting plans

Shares of Jet Airways (India) plunged over 7 per cent on the Bombay Stock Exchange after aviation firm announced plans to cut down expenditure. Reacting to the news, shares of company declined as much as 7.49 per cent to touch an intra-day low of Rs 666.55 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the firm were trading 5.20 per cent lower at Rs 682.60 apiece

Gravita India jumps over 5% on robust Q2

Shares of Gravita India soared over 5 per cent on the Bombay Stock Exchange after the company reported 56.97 per cent growth in consolidated net profit at Rs 13.39 crore for the quarter ended September 30, 2017 as compared to Rs 8.53 crore in the year ago quarter. Driven by strong Q2, shares of company gained as much as 5.15 per cent to touch an intra-day high of Rs 169.40 apiece on the Bombay

Dr. Reddy`s Lab zooms 10% on getting EIR from USFDA

Shares of Dr. Reddy's Laboratories rallied nearly 10 per cent on the Bombay Stock Exchange after the drug maker said its facility at Vishakhapatnam received Establishment Inspection Report (EIR) from the US health regulator. Buoyed by the development, shares of company gained as much as 9.70 per cent to touch an intra-day high of Rs 2498.00 apiece on the Bombay Stock Exchange.

In

RIL raises $800 mn through 10-year bonds at lowest rate

Reliance Industries Ltd (RIL) on Tuesday said it has raised $800 million by selling 10-year bonds in the first offering since Moody's last week raised India's sovereign rating after 14 years.

According to a Mukesh Ambani-led RIL release here, the bonds, priced at 3.66 per cent, were the lowest coupon ever achieved by an Indian corporate for a 10-year issuance, the company.

Eris Lifesciences surges 7% on acquiring Strides'` branded biz

Shares of Eris Lifesciences rallied over 7 per cent on the Bombay Stock Exchange after the company said it has acquired Strides’ India branded generics business for an aggregate cash consideration of Rs 500 crore. Boosted by the development, shares of company gained as much as 7.36 per cent to touch an intra-day high of Rs 628.20 apiece on the Bombay Stock Exchange.

In a similar

HDFC Standard Life Insurance Company extends rally on day 2

Shares of HDFC Standard Life Insurance Company continued gaining momentum for the second day on Monday and soared over 4 per cent on the Bombay Stock Exchange. The stock of the company rallied 19 per cent on debut after the foreign institutional investor (FII) bought stake in the company through open market. Extending previous session rally, shares of company gained as much as 4.13 per cent to

Cipla removed from Sensex, scrip slips 2%

Shares of Cipla tumbled nearly 2 per cent on the Bombay Stock Exchange after the drug maker was removed from the 30-share pack. Weighed down by the development, shares of company declined as much as 1.91 per cent to touch intra-day low of Rs 597.00 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the firm were trading 1.66 per cent lower at Rs 598.45 apiece on the

Biocon jumps 6% on getting EIR from USFDA

Shares of Biocon jumped over 6 per cent on the Bombay Stock Exchange after the bio-pharma major said that its facility received Establishment Inspection Report (EIR) with VAI (voluntary action indicated) status and closed the inspection. Following the announcement, shares of company gained as much as 6.44 per cent to touch an intra-day high of Rs 419.75 apiece on the Bombay Stock Exchange.

Suzlon Energy hits 52-week low on weak Q2

Shares of Suzlon Energy plunged over 6 per cent, hitting 52-week low, on the Bombay Stock Exchange after the company reported consolidated loss before exceptional items and tax of Rs 374 crore in September quarter (Q2FY18) as compared to net profit of Rs 251 crore before exceptional items and tax in a year ago quarter.

Weighed down by Q2, shares of company declined as much as 6.22 per

RCOM shares fall 5% on heavy selling

Shares of Reliance Communications (RCOM) tumbled nearly 5 per cent on the Bombay Stock Exchange after the after the cash-crunch company said that it is not making any payment to lenders or bond-holders for the time being. Reacting to the news, shares of company declined as much as 4.92 per cent to touch intra-day low of Rs 9.65 apiece on the Bombay Stock Exchange.

In a similar fashion

Page Industries hits 52-week high on robust Q2

Shares of Page Industries continued gaining momentum on Thursday and rallied 8 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported 22 per cent growth in net profit at Rs 84 crore in September quarter (Q2FY18), as compared to Rs 69 crore in a year ago quarter. Extending rally post Q2, shares of company gained as much as 8 per cent to touch 52-week high of Rs 2

Yash Papers up over 2% on rating upgrade

Shares of Yash Papers rose over 2 per cent on the Bombay Stock Exchange after the company said that Care Ratings Limited has upgraded credit rating to BBB- from existing BB for long term bank facilities. Meanwhile, the rating agency, (Formerly known as Credit Analysis & Research Ltd.), has assigned CARE A3 rating to short term bank facilities.

Boosted by rating upgrade, shares of

NBCC India rises nearly 3% on strong Q2

Shares of NBCC India soared nearly 3 per cent on the Bombay Stock Exchange after the company’s consolidated net profit jumped 31.33 per cent on year-on-year basis to Rs 81.24 crore in the second quarter ended September 2017 (Q2FY18). Driven by strong Q2, shares of company gained as much as 2.71 per cent to touch an intra-day high of Rs 277.60 apiece on the Bombay Stock Exchange.

Bank of Baroda jumps nearly 4% as asset quality improves

Shares of Bank of Baroda rose nearly 4 per cent on the Bombay Stock Exchange after the state-run bank reported improvement in asset quality during second quarter ended September 30, 2017. The gross non- performing assets (NPAs) of the bank fell to 11.16 per cent of the gross advances as at the end of September 30, 2017 from a level of 11.35 per cent year earlier. Its net NPAs or bad loans too d

Shreyas Shipping hits 52-week on robust Q2

Shares of Shreyas Shipping & Logistics rallied 20 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported multi-fold growth in net profit at Rs 19.70 crore in September quarter (Q2FY18), as compared to Rs 2.41 crore in a year ago quarter. Boosted by strong Q2, shares of company gained as much as 19.99 per cent to touch 52-week high of Rs 541.35 apiece on the

Infibeam surges over 4% as Q2 profit doubles

Shares of Infibeam Incorporation jumped over 4 per cent on the Bombay Stock Exchange after the company’s consolidated net profit more than doubled to Rs 21.6 crore in the second quarter ended September 2017 (Q2FY18) as against Rs 7.8 crore in year ago quarter. Driven by strong Q2, shares of company gained as much as 4.57 per cent to touch an intra-day high of Rs 185.00 apiece on the Bomba

L&T Infotech jumps nearly 3% on deal with Syncordis

Shares of Larsen & Toubro Infotech rose nearly 3 per cent on the Bombay Stock Exchange after the company said it would acquire Luxembourg based Syncordis S.A., a leading core banking implementation services provider for 15 million euros. Following the announcement, shares of company gained as much as 2.73 per cent to touch an intra-day high of Rs 970.75 apiece on the Bombay Stock Exchange.<

Sun Pharma slips over 3% on weak Q2

Shares of Sun Pharmaceutical Industries fell 3 per cent on the Bombay Stock Exchange after the company reported a 59 per cent year-on-year decline in consolidated net profit at Rs 912 crore in the second quarter of FY 2018, against Rs 2,235 crore in the year-ago period.

Weighed down by weak Q2, shares of drug maker declined as much as 3.01 per cent to touch an intra-day low of Rs 510.

Repco Home Finance zooms 13% on robust Q2

Shares of Repco Home Finance rallied over 13 on the Bombay Stock Exchange after the company reported 22 per cent growth in net profit at Rs 56 crore in September 2017 quarter, as compared to Rs 46 crore in a year ago quarter. Driven by strong Q2, shares of the company gained as much as 13.56 per cent to touch intra-day high of Rs 670.85 apiece on the Bombay Stock Exchange.

In a simila

JP Associates plunges 14% on Supreme Court order

Shares of Jaiprakash Associates tumbled over 14 per cent on the Bombay Stock Exchange after the Supreme Court directed its non-institutional directors to appear in person before it next week and furnish details of their personal assets, Economic Times reported. Reacting to the news, shares of the company declined as much as 14.31 per cent to touch an intra-day low of Rs 18.25 apiece on the Bomb

Butterfly Gandhimathi Appliances up 5% on stake sale buzz

Shares of Butterfly Gandhimathi Appliances surged 5 on the Bombay Stock Exchange after ET Now reported that Hawkins, TTK Prestige and a few PE players were eyeing a stake in the manufacturer of home appliances company. Riding high on media reports, shares of the company gained as much as 4.99 per cent to touch intra-day high of Rs 351.60 apiece on the Bombay Stock Exchange.

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Idea Cellular dips over 2% as Q2 loss widens

Shares of Idea Cellular slipped over 2 on the Bombay Stock Exchange after the company reported standalone net loss of Rs 1236.80 crore in Q2 FY18, as compared to net loss of Rs 42.79 crore in the previous year quarter. Weighed down by weak Q2, shares of the auto major declined as much as 2.56 per cent to touch intra-day low of Rs 91.15 apiece on the Bombay Stock Exchange.

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Bharti Infratel tanks nearly 4% on huge volume

Shares of Bharti Infratel fell nearly 4 per cent on the Bombay Stock Exchange amid surge in the volume trade. According to data available with BSE, as much as 51.76 lakh shares have changed hand over the counter as compared to two week average of 13.59 lakh shares. Amidst surge in volume trade, shares of the company declined as much as 3.77 per cent to touch an intra-day low of Rs 395.60 apiece