DLF jumps over 3% post deal with GIC

Shares of DLF rose over 3 per cent on the Bombay Stock Exchange after real estate major sold 33.34 per cent stake in the rental arm, DLF Cyber City Developers (DCCDL), to the Singapore sovereign wealth fund, GIC, for Rs 8,900 crore. Paring previous session losses, shares of the company gained as much as 3.19 per cent to hit intra-day high of Rs 185.50 apiece on the Bombay Stock Exchange.

Rajshree Sugars & Chemicals zooms over 12% on strong Q1

Shares of Rajshree Sugars & Chemicals rallied over 12 per cent on the Bombay Stock Exchange after the company reported 141.76 per cent year-on-year growth in its net profit at Rs 18.18 crore versus net sales of Rs 201.59 crore for the first quarter ended June 30, 2017. Driven by strong Q1, shares of the company gained as much as 12.29 per cent to hit intra-day high of Rs 58.90 apiece on the

Dion Global zooms over 16% on fund raising plans

Shares of Dion Global Solutions rallied over 16 per cent on the Bombay Stock Exchange after financial solutions company said that its board has approved the proposal to raise funds upto Rs 300 crore subject to the approval of the shareholders and other regulatory approvals.

Besides, the Nomination and Remuneration Committee of the company have also approved grant of 9,25,000 Stock Opt

Infosys up over 4% on Nandan Nilekani`s return

Shares of Infosys jumped over 4 per cent on the Bombay Stock Exchange after IT bellwether In said that its board has unanimously approved the appointment of Nandan Nilekani as the Non-Executive Chairman of the Board, effective immediately.

Heading the first board meeting after his appointment, Nandan Nilekani said that the company has tasked its Committee of Directors to work with the

DLF shares fall 3% on deal with GIC

Shares of DLF slipped over 3 per cent on the Bombay Stock Exchange after real estate major sold 33.34 per cent stake in the rental arm, DLF Cyber City Developers (DCCDL), to the Singapore sovereign wealth fund, GIC, for Rs 8,900 crore Weighed down by the development, shares of the company declined as much as 3.02 per cent to hit intra-day low of Rs 180.90 apiece on the Bombay Stock Exchange.

Cadila zooms 9% on USFDA nod for Cilexetil Tablets

Shares of Cadila Healthcare rallied nearly 9 per cent on the Bombay Stock Exchange after thedrug maker said that its subsidiary Zydus has received final approval from the USFDA for Candesartan Cilexetil Tablets. Following the announcement, shares of the company gained as much as 8.91 per cent to hit intra-day high of Rs 503.90 apiece on the Bombay Stock Exchange.

The stocks were curre

Kajaria Ceramics surges over 9% on brokerage upgrade

Shares of Kajaria Ceramics surged over 9 per cent on the Bombay Stock Exchange after the global rating agency Goldman Sachs recommended Buy for the company at a target price of Rs 850. Boosted by the development, shares of the company gained as much as 9.12 per cent to hit intra-day high of Rs 710.00 apiece on the Bombay Stock Exchange.

The stocks were currently trading at Rs 693.40 a

Avenue Supermarts hits new high, scrip crosses 1000 mark

Shares of Avenue Supermarts continued gaining momentum on Thursday, hitting 52-week high, on the Bombay Stock Exchange amid surge in the volume trade. According to data available with BSE, as much as 1.61 lakh shares have changed hand on the counter as compared to two week average of 1.35 lakh shares.

Extending previous session rally, shares of the company, which operates supermarket

Infosys surges 3% on Nandan Nilekani`s return buzz

Shares of Infosys rebounded nearly 3 per cent on the Bombay Stock Exchange after media report suggested that the co-founder Nandan Nilekani may come back to the company as group of institutional investors seek his return for the ‘clean up’. The stocks were under stress for the last few sessions after some rating agencies downgraded share of the company following chief executive offi

Lupin jumps nearly 4% on new drug launch in US

Shares of Lupin surged nearly 4 per cent on the Bombay Stock Exchange after drug maker said that it has launched generic Seroquel XR tablets in the US. Boosted by the development, shares of the company gained as much as 3.95 per cent to hit intra-day high of Rs 992.60 apiece on the Bombay Stock Exchange.

The stocks were currently trading at Rs 990 against previous close price of Rs 95

Castrol India slips over 3% on disappointing Q2

Shares of Castrol India tanked over 3 per cent on the Bombay Stock Exchange after the company reported 33.35 per cent year-on-year decline in its net profit at Rs 137.90 crore for the second quarter ended June 30, 2017. Weighed down by Q2, shares of the company fell as much as 3.56 per cent to hit intra-day low of Rs 374.85 apiece on the Bombay Stock Exchange.

The stocks were currentl

United Spirits up 5% as SC clarifies on highway liquor ban

Shares of United Spirits, an Indian alcoholic beverages company, jumped over 5 per cent on the Bombay Stock Exchange after the Supreme Court clarified that the liquor ban on highways does not extend to municipal areas. Cheering the news, shares of the company gained as much as 5.51 per cent to hit intra-day high of Rs 2,607.90 apiece on the Bombay Stock Exchange.

The stocks were curre

Lycos Internet spikes 10% on huge volume

Shares of Lycos Internet rallied nearly 10 per cent on the Bombay Stock Exchange amid surge in volume trade after the company said that its wholly owned US subsidiary Ybrant Media Acquisition (YMA) has moved out of Chapter 11. “While the required funds were not yet available, LYCOS informed the court that significant progress was made towards completion of the financing.

United

Gati surges 8% as Q1 profit zooms

Shares of Gati, India’s pioneer in express distribution and supply chain solutions, soared 8 per cent on the Bombay Stock Exchange after the company’s profit jumped more than three-fold to Rs 18.31 crore in first quarter ended June 30, 2017 compared to Rs 5.11 crore profit in the year ago period. Boosted by robust Q1, shares of the company gained as much as 8.02 per cent to hit intr

Avenue Supermarts hits 52-week high on heavy volume

Shares of Avenue Supermarts rose over 4 per cent, hitting 52-week high, on the Bombay Stock Exchange amid surge in the volume trade. According to data available with BSE, as much as 2.34 lakh shares have changed hand on the counter as compared to two week average of 1.02 lakh shares.

Driven by volume trade, shares of the company gained as much as 4.47 per cent to hit 52-week high of R

Fortis Healthcare surges 8% as Rekha Jhunjhunwala buys stake

Shares of Fortis Healthcare jumped nearly 8 per cent on the Bombay Stock Exchange after Rekha Jhunjhunwala, wife of investor Rakesh Jhunjhunwala, acquired 0.9 per cent stake in the company at Rs 134.65 per share through a bulk deal on Tuesday. Boosted by the development, shares of the company gained as much as 7.69 per cent to hit intra-day high of Rs 152.55 apiece on the Bombay Stock Exchange.

DLF jumps nearly 8% ahead of board meeting

Shares of real estate major DLF rallied nearly 8 per cent on the Bombay Stock Exchange ahead of the board meeting on August 25, to consider stake sale in rental arm. Ahead of the board meeting, shares of the company gained as much as 7.81 per cent to hit intra-day high of Rs 189.00 apiece on the Bombay Stock Exchange.

The stocks were currently trading at Rs 185.40 against previous clo

Mukta Arts sells 12.34% stake in Maya Digital Studios

Mukta Arts said that it has disposed off its 12.34 per cent of share capital in Maya Digital Studios to Cosmos Entertainment. The company had acquired 30.65 lakh equity shares constituting to 12.34 per cent of its Share Capital at cost of Rs 1.84 crore, the company said in a filing to the Bombay Stock Exchange. Mukta Arts has now sold these shares at an agreed price of Rs 20 per share to Cosmos

EIML shares sink as Eros Worldwide cuts stake

Shares of Eros International Media Limited (EIML) tumbled over 5 per cent on the Bombay Stock Exchange after promoter of the company, Eros Worldwide FZ LLC, sold 11,716,850 shares of the company, amounting to over USD 40 million (Rs 256.2 crore), to reduce its revolving credit facility. Weighed down by the development, shares of the company declined as much as 5.09 per cent to hit intra-day low

Fortis Healthcare extends fall, scrip falls 52-week low

Shares of Fortis Healthcare continued losing streak on Tuesday and plunged over 12 per cent, hitting 52-week low, on the Bombay Stock Exchange amid surge in the volume trade. According to data available with exchange, as much as 85.60 lakh shares have changed hand on the counter as compared to two week average of 10.29 lakh shares.

The stocks were under pressure after the company anno

Westlife Development hits 52-week high on huge volume

Shares of Westlife Development rallied nearly 15 per cent, hitting 52-week high, on the Bombay Stock Exchange amid surge in the volume trade. According to data available with Bombay Stock Exchange, as much as 1.95 lakh shares have changed hand on the counter as compared to two week average of 0.21 lakh shares.

Driven by volume trade, shares of the company gained as much as 14.91 per c

HCL Infosystems zooms 17% on deal with Apple India

Shares of HCL Infosystems rallied over 17 per cent on the Bombay Stock Exchange after the company said it will distribute Apple products, including the iconic iPhone, in the Indian market. Following the announcement, shares of the company gained as much as 17.30 per cent to hit intra-day high of Rs 50.50 apiece on the Bombay Stock Exchange.

The stocks were currently trading at Rs 48.2

Infosys hits fresh 52-week low

Shares of Infosys extended losing momentum on Tuesday and fell over 1 per cent, hitting fresh 52-week low, on the Bombay stock Exchange as some of rating agencies downgraded stock following chief executive officer Vishal Sikka’s shocking exit.

Extending previous session losses, shares of the company declined as much as 1.37 per cent to hit 52-week low of Rs 861.50 apiece on the

ICICI Bank rises over 2% on cut in interest rates

Shares of ICICI Bank soared over 2 per cent on the Bombay stock Exchange after the private sector lender said it has lowered its savings bank rates by 50 basis points.

Cheering the news, shares of the bank gained as much 2.26 per cent to hit intra-day high of Rs 299.70 apiece on the Bombay Stock Exchange. The stocks were currently trading at Rs 293.95 against previous close price of R

Bajaj Electricals up over 2% on winning new order

Shares of Bajaj Electricals rose over 2 per cent on the Bombay stock Exchange after the company said it has bagged transmission line order from Transmission Corporation of Telangana Limited worth Rs 391.45 crore Following the announcement, shares of the company gained as much 2.56 per cent to hit intra-day high of Rs 338.00 apiece on the Bombay Stock Exchange.

The stocks were currentl