Wipro stock slips more than 3% post Dec qtr earnings

Shares of Wipro today slipped more than 3 per cent in morning trade on BSE after the third largest IT services firm posted 8.4 per cent fall in consolidated net profit for the December quarter.Wipro opened on a weak note at Rs 319.50 and fell further 3.27 per cent to an early low of Rs 317.70 on BSE.

On the Naional Stock Exchange, the stock opened at Rs 327.00, then lost further groun

ONGC stock jumps 6% on 51.11% stake acquisition in HPCL

Shares of state-owned Oil and Natural Gas Corp (ONGC) today surged more than 6 per cent on the bourses, following the acquisition of 51.11 per cent stake in oil refiner HPCL.HPCL, however, dropped 4 per cent on the bourses. On January 20, ONGC announced the acquisition of government's entire 51.11 per cent stake in oil refiner HPCL for Rs 36,915 crore, paying a premium of over 10 per cent.<

Hindustan Zinc slips over 3% on weak Q3

Shares of Hindustan Zinc slipped over 3 per cent on the Bombay Stock Exchange after the company reported 3.88 per cent decline in net profit at Rs 2,230.00 crore for the quarter ended December 31, 2017 as compared to Rs 2319.90 crore in the same period last year. Weighed down by Q3, stocks of the company declined as much 3.38 per cent to touch an intra-day low of Rs 298.25 apiece on the Bombay

Mastek spikes 5% on sharp turnaround in Q3

Shares of Mastek rallied nearly 5 per cent on the Bombay Stock Exchange after the company reported standalone net profit at Rs 6.42 crore during third quarter compared to net loss of Rs 0.49 crore in the previous year quarter. Driven by strong Q3, stocks of the company gained as much 4.77 per cent to touch an intra-day high of Rs 417.00 apiece on the Bombay Stock Exchange.

In a simila

Cyient shares hit 52-week high on strong Q3

Shares of Cyient, a leading software development form, surged over 7 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported revenue and operating margin in line with market expectations. The company’s revenue grew 1.9 per cent Q-o-Q to Rs 9.83 billion in December quarter, while operating margin sustained at 14.6 per cent on sequential basis. Driven by Q3,

Biocon hits 52-week high on deal with Sandoz

Shares of Biocon soared nearly 5 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company entered into a global partnership with Sandoz to develop, manufacture and commercialise multiple biosimilars in immunology and oncology. Boosted by the development, stocks of the company gained as much 4.93 per cent to touch 52-week high of Rs 566.25 apiece on the Bombay Stock Exchang

Alembic jumps 9% on share buyback plan

Shares of Alembic surged over 9 per cent on the Bombay Stock Exchange after the drug maker said that its board will meet on January 23, 2018 to consider share buyback proposal. Boosted by the development, stocks of the company gained as much 9.32 per cent to touch an intra-day high of Rs 64.50 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the firm were trading 7

Wonderla Holidays hits 52-week high as government cuts GST rates

Shares of Wonderla Holidays rallied nearly 9 per cent, hitting 52-week high, on the Bombay Stock Exchange after the government cut GST rates on employment-oriented goods and services on Thursday. Cheering the news, stocks of the company gained as much 8.84 per cent to touch 52-week high of Rs 424.40 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the firm were tra

YES Bank surges over 4% ahead of Q3

Shares of YES Bank rose over 4 per cent on the Bombay Stock Exchange ahead of is third quarter earnings report scheduled to be released today. The rally was also supported by media report which suggested that government is mulling to increase foreign investment limits in private sector banks to 100 per cent, from current level of 74 per cent.

Ahead of Q3, stocks of the bank gained as

Bharti Infratel dips 5% on disappointing Q3

Shares of Bharti Infratel plunged nearly 5 per cent on the Bombay Stock Exchange after the telecom tower infrastructure firm reported standalone net profit of Rs 317.00 crore for the quarter ended December 31, 2017 as compared to Rs 367.90 crore in the same period last year, registering a year-on-year decline of 13.84 per cent.

Weighed down by Q3, stocks of the company declined as muc

MindTree shares hit 52-week high on strong Q3

Shares of MindTree zoomed nearly 11 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported 32.43 per cent growth in standalone net profit at Rs 156.80 crore for the quarter ended December 31, 2017 as compared to Rs 118.40 crore in the same period last year.

Driven by strong Q3, stocks of the company gained as much 11.67 per cent to touch 52-week high o

Tata Sponge hits 52-week high as Q3 profit surges

Shares of Tata Sponge Iron spiked nearly 5 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported a whopping growth of 228.38 per cent in standalone net profit at Rs 35.99 crore for the quarter ended December 31, 2017 as compared to Rs 10.96 crore in the same period last year.

Driven by strong Q3, stocks of the company gained as much 4.64 per cent to t

HDFC Bank hits 52-week high on bourses

Shares of HDFC Bank jumped over 3 per cent, hitting fresh 52-week high, on the Bombay Stock Exchange after media report suggested that government is mulling to increase foreign investment limits in private sector banks to 100 per cent, from current level of 74 per cent.

Cheering the news, stocks of the bank gained as much 3.31 per cent to touch 52-week high of Rs 1953.75 apiece on the

Adani Transmission hits 52-week high on robust Q3

Shares of Adani Transmission rallied nearly 9 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported profit after tax (PAT) of Rs 1.55 billion for the quarter ended December 2017 (Q3FY18) as against Rs 999 million of Q3FY17.

Boosted by strong Q3, stocks of the company gained as much 8.90 per cent to touch 52-week high of Rs 252.00 apiece on the Bombay

Trigyn Tech jumps 7% on winning order from ARIPO

Shares of Trigyn Technologies surged over 7 per cent, hitting fresh 52-week high, on the Bombay Stock Exchange after the company said it has secured a multiyear technical support contract by African Regional lntellectual Property Organization (ARIPO) Harare, Zimbabwe. Following the announcement, stocks of the company gained as much 7.53 per cent to touch 52-week high of Rs 166.20 apiece on the

ICICI Lombard hits 52-week post Q3

Shares of ICICI Lombard General Insurance Company rallied over 7 per cent, hitting fresh 52-week high, on the Bombay Stock Exchange after the company reported 5.20 per cent growth in net profit at Rs 2.3 billion against Rs 2 billion in the corresponding quarter of the previous fiscal. Driven by strong Q3, stocks of the company gained as much 7.32 per cent to touch 52-week high of Rs 872.00 apie

Jaypee Infratech tanks 5% as CFO resigns

Shares of Jaypee Infratech plunged nearly 5 per cent on the Bombay Stock Exchange after the company said that its Chief Financial Officer (CFO) Ram Bahadur Singh has resigned, citing health reason. Reacting to the news, stocks of the company declined as much 4.90 per cent to touch an intra-day low of Rs 17.45 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the fir

TCS hits 52-week high on deal with M and G Prudential

Shares of Tata Consultancy Services (TCS) rose over 2 per cent, hitting fresh 52-week high, on the Bombay Stock Exchange after M&G Prudential partners with the IT major to digitally transform its customer service. Boosted by the development, stocks of the company gained as much 2.60 per cent to touch 52-week high of Rs 2925.00 apiece on the Bombay Stock Exchange. In a similar fashion, share

Infosys shares hits record high post Q3

Shares of Infosys continued gaining momentum on Tuesday and soared over 3 per cent, hitting fresh 52-week high, on the Bombay Stock Exchange after the IT bellwether posted higher-than-expected earnings during December quarter. The company has reported 38.3 per cent growth in consolidated net profit at Rs 5,129 crore for the third quarter ended December 31, 2017 as compared to Rs 3,708 crore in

Bharti Airtel slips over 1% on stake sale by Merrill Lynch

Shares of Bharti Airtel dipped over 1 per cent, hitting 52-week low, on the Bombay Stock Exchange after Merrill Lynch on Tuesday sold shares worth Rs 1,931 crore in telecom operator through an open market transaction. Reacting to the news, stocks of the company declined as much 1.04 per cent to touch an intra-day low of Rs 491.70 apiece on the Bombay Stock Exchange.

In a similar fashi

MCX shares 52-week low on disappointing Q3

Shares of Multi Commodity Exchange of India (MCX) tumbled over 5 per cent, hitting 52-week low, on the Bombay Stock Exchange after the company reported 45 per cent decline in consolidated net profit at Rs 18.80 crore in December 2017 quarter (Q3FY18), as compared to Rs 34 crore in the same quarter last fiscal. Weighed down by Q3, stocks of the company declined as much 5.65 per cent to touch 52-

Hindustan Unilever Limited hits 52-week high ahead of Q3

Shares of Hindustan Unilever Limited (HUL) rose over 1 per cent, hitting 52-week high, on the Bombay Stock Exchange ahead of third quarter results to be released on January 17, 2018. Ahead of Q3, stocks of the company gained as much 1.56 per cent to touch 52-week high of Rs 1388.45 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the firm were trading 0.47 per cent

Infosys extends rally; scrip hits fresh record high

Shares of Infosys jumped over 4 per cent, hitting fresh 52-week high, on the Bombay Stock Exchange after the IT bellwether posted higher-than-expected earnings during December quarter. The company has reported 38.3 per cent growth in consolidated net profit at Rs 5,129 crore for the third quarter ended December 31, 2017 as compared to Rs 3,708 crore in the same period last year Extending previo

Delta Corp hits 52-week high on robust Q3

Shares of Delta Corp soared nearly 8 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company’s consolidated net profit zoomed 319.05 per cent to Rs 44.70 crore in the December quarter. Driven by strong Q3, stocks of the company gained as much 7.74 per cent to touch 52-week high of Rs 342.35 apiece on the Bombay Stock Exchange.

In a similar fashion, shares

Karnataka Bank slips over 3% on rise in provisions

Shares of Karnataka Bank fell over 3 per cent on the Bombay Stock Exchange after the private sector lender’s provisions and contingencies increased to Rs 196.40 crore in Q3FY18 from Rs 100.60 crore a year ago. The bank reported standalone net profit of Rs 87.38 crore for the quarter ended December 31, 2017 as compared to Rs 68.52 crore in the same period last year, registering a year-on-y