SPARC jumps 3% on deal with Samsung BioLogics

Shares of Sun Pharma Advanced Research Company (SPARC) rose over 3 per cent on the Bombay stock Exchange after the drug maker entered into a long-term agreement with South Korea’s Samsung BioLogics for the manufacture of an experimental medicine to treat psoriasis. Following the announcement, shares of the company gained as much as 3.04 per cent to hit an intra-day high of Rs 316.45 apiec

Texmaco Rail zooms 12% on Adventz`s deal with Lesico

Shares of Texmaco Rail & Engineering rallied over 12 per cent on the Bombay stock Exchange after media report suggested that Adventz Group has signed a USD 2 billion-plus agreement with Israel’s Lesico group to collaborate in light rail transit (LRT) projects in Tel Aviv and Jerusalem. Texmaco Rail & Engineering, owned by Adventz Group, will lend its expertise in laying of tracks,

InterGlobe Aviation rises 2% on Air India stake buy plans

Shares of InterGlobe Aviation, the operator of low cost carrier IndiGo, surged over 2 per cent on the Bombay stock Exchange after the company said that its promoters will discuss with investors this week its interest in buying Air India.

Cheering the news, shares of the company gained as much as 2.10 per cent to hit an intra-day high of Rs 1216.75 apiece on the Bombay Stock Exchange.

Sundaram Finance dips nearly 3% as stocks turn ex-dividend

Shares of Sundaram Finance fell nearly 3 per cent on the Bombay stock Exchange prices on turning ex-dividend today. Ex-dividend date is the date on or after which a share is traded without a previously declared dividend.

Weighed down by the development, shares of the company declined as much as 2.71 per cent to hit an intra-day low of Rs 1610.00 apiece on the Bombay Stock Exchange. Th

Just Dial sinks over 5% after CFO resigns

Shares of Just Dial tumbled over 5 per cent on the Bombay stock Exchange prices after India's local search engine company said that Ramkumar Krishnamachari, Chief Financial Officer and Key Managerial Personnel of the company, has submitted his resignation from his post on Monday. Weighed down by the development, shares of the company declined as much as 5.34 per cent to hit an intra-day low

ONGC rises nearly 2% as arm acquires oil block

Shares of Oil & Natural Gas Corporation (ONGC) soared nearly 2 per cent on the Bombay stock Exchange prices after its arm, ONGC Videsh, acquired participating interest in Petroleum Exploration License 0037 Offshore Namibia. Boosted by the development, shares of the company gained as much as 1.60 per cent to hit an intra-day high of Rs 161.60 apiece on the Bombay Stock Exchange.

Th

Shiva Cement extends rally on JSW Steel stake buying

Shares of Shiva Cement continued gaining momentum on Tuesday and rallied nearly 20 per cent on the Bombay stock Exchange prices after JSW Steel hiked stake in the company to over 50 per cent through open market transaction. In the last five trading session, the scrip of the company zoomed as much as 57 per cent from Rs 21.30 on June 28, 2017.

Extending previous session rally, shares o

HCC surges nearly 5% on bagging new order

Shares of Hindustan Construction Company (HCC) rose nearly 5 per cent on the Bombay stock Exchange prices after the company said that its joint venture company bagged an order worth Rs 797.29 crore from the Bangalore Metro Rail Corporation. Following the announcement, shares of the company gained as much as 4.74 per cent to hit an intra-day high of Rs 40.85 apiece on the Bombay Stock Exchange.<

JMC Projects jumps over 4% on winning new order

Shares of JMC Projects (India) advanced over 4 per cent on the Bombay stock Exchange prices after the company said it has secured new orders of Rs 710 crore. “The first order is for two water pipeline projects in the state of Madhya Pradesh totaling Rs 257 crore, while the second order is for four commercial projects in Bangalore and Chennai totaling Rs 340 crore. The company has also bag

Shiva Global Agro spikes nearly 18% on GST bonanza

Shares of Shiva Global Agro Industries surged nearly 18 per cent on the Bombay stock Exchange prices after the government lowered the Goods and Services Tax on fertiliser to 5 per cent from 12 per cent and on tractor parts from 28 per cent to 18 per cent. Buoyed by the development, shares of the company gained as much as 17.88 per cent to hit an intra-day high of Rs 88.00 apiece on the Bombay S

Maruti Suzuki rises nearly 2% on price cut

Shares of Maruti Suzuki India soared nearly 2 per cent on the Bombay stock Exchange prices after the company announced cut in vehicle prices following the implementation of GST from July 1 midnight. According to media reports the company has slashed car between Rs 2,300 and Rs 23,400 per unit unit Cheering the news, shares of the company gained as much as 1.76 per cent to touch intra-day high o

ITC hits 52-week high on strong volume

Shares of ITC surged over 9 per cent on the Bombay stock Exchange amid surge in volume trade as investors widened bet on this company after the implementation of the goods and services tax (GST) from July 1. According to data available with BSE, as much as 16.27 lakh shares have changed hand on the counter till now compared to two-week average of 14.07 lakh shares.

Extending previous

Zandu Realty zooms 20% on merger nod

Shares of Zandu Realty rallied 20 per cent on the Bombay stock Exchange after the company said that its board has approved merger with Emami Infrastructure. The board of directors of the two Emami group companies approved the scheme of amalgamation under which Zandu Realty (ZRL) shareholders will get 7 shares of Emami Infrastructure (EIL) of face value of Rs 2 for every share of face value of R

Unichem Lab receives EIR report for Goa facility

Leading pharma company, Unichem Laboratories Limited has said that the company’s formulations manufacturing facility at Goa has received an Establishment Inspection Report (EIR) from the USFDA. This receipt indicates the successful closure of the inspection and the queries raised during the audit (Form 483). The inspection has now been closed by the USFDA.

The inspection was car

PVV Infra soars nearly 5% on securing new order

Shares of PVV Infra soared nearly 5 per cent on the Bombay stock Exchange after the company said that it has bagged order from Tata Trusts for pre-cast Demo Individual Household Latrine (IHHL) installation at Kesarapalli Village, Krishna District, Andhra Pradesh. Tata Trusts is partnering with Andhra Pradesh Govt.

by developing 264 villages covering 2.5 lacs households in Krishna Dist

InterGlobe Aviation dips after IndiGo eyes stake in Air India

Shares of InterGlobe Aviation, which operates IndiGo airline, fell nearly 5 per cent on the Bombay Stock Exchange (BSE) after expressing unsolicited interest in buying a stake in national carrier Air India. “The company has submitted a letter to the Government of India on Thursday,” InterGlobe Aviation Ltd said in a filing to the Bombay Stock Exchange.

“As the Indian

SpiceJet surges nearly 4% on launch of `Mega Monsoon Sale`

Shares of SpiceJet soared nearly 4 per cent on the Bombay stock Exchange after the aviation company launched a “Mega Monsoon Sale” with one-way fares starting at Rs 699. Last week, the company had signed a letter of intent (LOI) with Bombardier Commercial Aircraft, to buy upto 50 Q400 turboprop airliners for USD 1.7B billion.

Boosted by the development, shares of the compa

RCF tanks over 5% as government offloads stake

Shares of state-run Rashtriya Chemicals & Fertilizers (RCF) tumbled over 5 per cent on the Bombay stock Exchange as the government put on sale 5 per cent stake in the company at a floor price of Rs 74.25 per share. The government will sell over 2.75 crore equity shares in the company to raise Rs 200 crore as part of its plan to divest stake in PSUs.

Weighed down by the development

MindTree jumps nearly 4% as board approves buyback of shares

Shares of MindTree rose nearly 4 per cent on the Bombay stock Exchange after the IT services company said that its board has approved the proposal to buyback the fully paid-up equity shares of the company worth Rs 270 crore. Following the announcement, shares of the company gained as much as 3.74 per cent to hit intra-day high of Rs 551.10 apiece on the Bombay Stock Exchange.

The scri

CARE Ratings zooms 16% on stake buy by CRISIL

Shares of CARE Ratings rallied over 16 per cent on the Bombay stock Exchange after exchange data showed that the rating agency CRISIL acquired nearly 9 per cent stake in the company at a price of Rs 1659.79 per share through open market, on June 29, 2017 Buoyed by stake buy, shares of the company gained as much as 16.20 per cent to hit intra-day high of Rs 1660.00 apiece on the Bombay Stock Exc

Axis Bank jumps nearly 4% on exposing bank accounts

Shares of Axis Bank surged nearly 4 per cent on the Bombay stock Exchange after private sector lender said that exposure eight accounts to initiate insolvency resolution process under the provisions of the Insolvency and Bankruptcy Code, 2015 (IBC). Earlier on June 15, the Reserve Bank of India had asked banks to initiate insolvency resolution process in such accounts.

Boosted by the

Bhushan Steel extends fall; scrip down 5%

Shares of Bhushan Steel continued selling streak on Wednesday and tumbled nearly 5 per cent on the Bombay stock Exchange after the lenders consortium authorised State Bank of India to send the debt-ridden company to NCLT under the Insolvency and Bankruptcy Code.

Extending previous session losses, shares of the company declined as much as 4.68 per cent to hit intra-day low of Rs 65.10

OnMobile Global surges over 7% on signing new deal

Shares of OnMobile Global rallied over 7 per cent on the Bombay stock Exchange after the company said that it has secured a 3-year deal with Banglalink, one of the leading digital communications services providers of Bangladesh to provide Ringback Tones and Reverse Ringback Tones to its customers. Buoyed by the development, shares of the company gained as much as 7.28 per cent to hit intra-day

Country Club Hospitality zooms 14% on debt repayment plan

Shares of Country Club Hospitality & Holidays spiked 14 per cent on the Bombay stock Exchange after the company said that its board has approved to sell assets for the purpose of debt reduction. “The board of director of the company has approved resolution to sell, liquidate, transfer or lease back or dispose such assets which add limited value to the operations and profitability of t

Welspun Ent hits 52-week high on strong volume

Shares of Welspun Enterprises rallied nearly 14 per cent, hitting 52-week high, on the Bombay stock Exchange amid spurt in volume trade in otherwise lackluster session. According to data available with BSE, as much as 8.18 lakh shares have changed hand on the counter compared to two-week average of 2.60 lakh shares.

Driven by heavy volume, shares of the company gained as much as 13.87