JK Cement hits 52-week high on strong Q4

Shares of JK Cement jumped over 11 per cent, hitting 52-week high, on the Bombay Stock Exchange after the cement manufacturer reported a 30 per cent growth in its standalone net profit at Rs 91 crore for the fourth quarter ended March 2017, compared to Rs 70 crore in the year ago period.

Driven by string Q4, shares of the company gained as much as 11.42 per cent to hit 52-week high of

Borosil Glass zooms over 12% on board nod for stock split

Shares of Borosil Glass Works rallied over 12 per cent on the Bombay Stock Exchange after the company said that its board has approved split of equity shares of the company from Rs 10 per share to Rs 1 per share subject to approval of members.

“The board of directors of the company at its meeting on May 13, 2017, had recommended dividend of Rs 25 per equity shares of Rs 10 each

Avanti Feeds surges 20% on robust Q4

Sea food manufacturers Avanti Feeds spiked 20 per cent and locked in upper circuit on the Bombay Stock Exchange after the company reported nearly three-fold jump in its consolidated net profit at Rs 90 crore for the fourth quarter ended March 2017, compared to Rs 46 crore in the year ago period.

Driven by string Q4, shares of the company gained as much as 20 per cent to hit intra-day

UCO Bank tanks over 8% on disappointing Q4

Shares of UCO Bank tumbled over 8 per cent on the Bombay Stock Exchange after the state-run lender reported a net loss of Rs 588.19 crore during the March quarter due to decline in asset quality.

Weighed down by disappointing Q4, shares of the bank declined as much as 8.30 per cent to hit intra-day low of Rs 38.10 apiece on the Bombay Stock Exchange.

The scrip was currently

Idea Cellular tumbles over 7% on weak Q4

Shares of Idea Cellular tanked over 7 per cent on the Bombay Stock Exchange after the telecom operator reported consolidated net loss for the second straight quarter at Rs 325.6 crore during the period ended March 31, 2017, compared to net profit of Rs 449.2 crore in the same period a year ago.

Weighed down by weak Q4, shares of the company declined as much as 7.36 per cent to hit int

Force Motors skids over 3% on weak Q4

Shares of Force Motors tanked over 3 per cent on the Bombay Stock Exchange after the commercial vehicle maker Force Motors reported a 25.29 per cent decline in its standalone net profit at Rs 54.91 crore for the quarter ended March 31, 2017, compared to Rs 73.50 crore in the year ago period.

Weighed down by weak Q4, shares of the company declined as much as 3.08 per cent to hit intra-

Infosys delays salary hike, scrip gains over 2%

Shares of Infosys rose over 2 per cent on the Bombay Stock Exchange after media report suggested that the IT bellwether has delayed salary hike to at least July to reduce operating costs.

Cheering the news, shares of the company gained as much as 2.02 per cent to hit intra-day high of Rs 963.00 apiece on the Bombay Stock Exchange. The scrip was currently trading at Rs 958.80 against p

Glenmark Pharma nosedives 16% on missing Q4 earnings estimates

Shares of Glenmark Pharmaceuticals plunged nearly 16 per cent on the Bombay Stock Exchange after the pharma major reported lower-than-expected growth in its fourth quarter earnings report. The company has posted a consolidated net profit of Rs 184 crore in March 2017 quarter (Q4FY17), lower-than-analysts estimate of Rs 548 crore.

In line with benchmark indices, shares of the company d

Asian Paints dips over 3% post Q4

Shares of Asian Paints dipped over 3 per cent on the Bombay Stock Exchange even after the company reported a 10.14 per cent growth in its net profit at Rs 479.61 crore for the quarter ended March 31, 2017 against Rs 435.47 crore in FY16. Following Q4, shares of the company declined as much as 3.36 per cent to hit intra-day low of Rs 1128.50 apiece on the Bombay Stock Exchange.

The scr

Reliance Infrastructure jumps over 6% on winning arbitration against DMRC

Shares of Reliance Infrastructure rallied over 6 per cent on the Bombay Stock Exchange after the company announced that it has been awarded compensation of Rs 2,950 crore by a three member Arbitration Tribunal in a unanimous decision against DMRC.

Following the announcement, shares of the company gained as much as 6.42 per cent to hit intra-day high of Rs 630.00 apiece on the Bombay S

Hindalco Ind up nearly 5% over subsidiary Novelis` strong Q4

Shares of Hindalco Industries jumped nearly 5 per cent on the Bombay Stock Exchange after the company’s subsidiary, Novelis Inc, reported a 46 per cent year-on-year growth in net income at USD 73 million during the fourth quarter ended March 2017.

Boosted by the earnings, shares of the company gained as much as 4.64 per cent to hit intra-day high of Rs 195.80 apiece on the Bomba

Caplin Point Lab hits 52-week high on robust Q4

Shares of Caplin Point Laboratories zoomed nearly 15 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company’s consolidated net profit more than doubled to Rs 33 crore in March quarter (Q4FY17), compared to Rs 16 crore in the same quarter a year ago, helped by strong revenue growth.

Driven by strong Q4, shares of the pharmaceutical company gained as much a

Hero MotoCorp jumps nearly 3% post Q4

Shares of Hero MotoCorp rose nearly 3 per cent on the Bombay Stock Exchange even after the country's biggest two wheeler maker reported a 14 per cent decline in profit at Rs 717.75 crore for the fourth quarter ended March 31, 2017 against Rs 833.29 crore in FY16, weighed down by BS III discounts.

In line with benchmark indices, shares of the company gained as much as 2.91 per cent

Trident surges nearly 5% on strong Q4

Shares of Trident rallied nearly 5 per cent on the Bombay Stock Exchange after the company reported a a 63.6 per cent rise in net profit at Rs 99.7 crore for the fourth quarter ended March 2017, compared to Rs 60.9 crore in the year-ago period. Boosted by the earnings, shares of the home textiles and paper products maker gained as much as 4.83 per cent to hit intra-day high of Rs 89.90 apiece o

Biocon plunges 6% on US FDA observations

Shares of biopharma firm Biocon tumbled 6 per cent on the Bombay Stock Exchange after media report suggested that the company has received eight observations for its Bengaluru unit.

In a response to media reports, Biocon has said that observation on form 483 is a standard outcome of any audit and it has a good track record of inspections by the USFDA, European regulators and other reg

HUL hits 52-week high on positive monsoon forecast

Shares of fast moving consumer goods (FMCG) major Hindustan Unilever Limited (HUL) jumped nearly 5 per cent, hitting 52-week high, on the Bombay Stock Exchange after the India Meteorological Department (IMD) forecasted above average monsoon rainfall in 2017 which is likely to boost rural demand.

Riding high on hopes of recovery in rural demands, shares of the company gained as much as

InterGlobe Aviation falls over 3% on weak Q4

Shares of InterGlobe Aviation tanked over 3 per cent on the Bombay Stock Exchange after IndiGo’s operator reported a decline of 24.6 per cent in its net profit at Rs 440 crore during the January-March quarter in comparison to Rs 584 crore in the year-ago period. Weighed down by Q4, shares of budget carrier declined as much as 3.13 per cent to hit intra-day low of Rs 1104.35 apiece on the

GMDC hits 52-week high on robust Q4

Shares of Gujarat Mineral Development Corporation (GMDC) rallied over 15 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company’s standalone net profit more than doubled to Rs 90 crore during the quarter ended March 2017, compared to Rs 40 crore in the year ago period. Driven by strong Q4, shares of the company gained as much as 15.58 per cent to hit 52-week high o

Bharti Airtel up over 4% on rise in subscriber base, Africa biz growth

Shares of Bharti Airtel rose over 4 on the Bombay Stock Exchange after the company said that its subscriber base and Africa business grew during the fourth quarter ended March 31, 2017.

The telecom major has reported a 72 per cent year-on-year fall in net profits at Rs 373 crore during the January-March quarter, weighed down by rival Reliance Jio’s aggressive pricing strategy.

SREI Infra Finance hits 52-week high on strong Q4

Shares of SREI Infrastructure Finance jumped nearly 5 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported a 43 per cent growth in its standalone net profit at Rs 20.72 crore for the Q4 period ending March 31, 2017, from Rs 14.46 crore in the year ago period. Boosted by strong Q4, shares of the company gained as much as 4.98 per cent to hit 52-week high of Rs

Bharti Airtel down 1.5% ahead of Q4 result

Shares of Bharti Airtel witnessed selling pressure in early trade on the Bombay Stock Exchange as investors remained cautious ahead of the fourth quarter earnings report slated to be released later in the day.

Ahead of Q4, shares of the company declined as much as 1.65 per cent to hit intra-day low of Rs 345.20 apiece on the Bombay Stock Exchange.

The scrip was currently tra

Vijaya Bank hits 52-week high ahead of Q4

Shares of private sector lender Vijaya Bank rallied over 10 per cent, hitting 52-week high, on the Bombay Stock Exchange ahead of the fourth quarter earnings report slated to be released later in the day. Ahead of Q4, shares of the bank gained as much as 10.18 per cent to hit 52-week high of Rs 97.40 apiece on the Bombay Stock Exchange.

The scrip was currently trading at Rs 93.70 agai

ABB India zooms nearly 14% on robust Q1

Shares of ABB India rallied nearly 14 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported 3.5 per cent y-o-y growth in its net profit at Rs 88 crore in Q1, helped by significant rise in orders booked.

Driven by strong Q1, shares of the company gained as much as 13.78 per cent to hit 52-week high of Rs 1595.00 apiece on the Bombay Stock Exchange. The

Caplin Point Lab jumps over 6% on getting EIR for sterile injectable plant

Shares of Caplin Point Laboratories surged over 6 per cent on the Bombay Stock Exchange after the company said it has received the Establishment Inspection Report (EIR) from USFDA for the inspection carried out during October 21 – 27, 2016 at its sterile injectable plant at Gummidipoondi, Tamil Nadu.

Following the announcement, shares of the company gained as much as 6.37 per ce

IL&FS Transportation up nearly 3% after subsidiary refinances debt

Shares of IL&FS Transportation rose nearly 3 per cent on the Bombay Stock Exchange after the company said that its subsidiary Jharkhand Road Projects Implementation Company Ltd has re-financed debt of Rs 1,730 crore through issuance of non-convertible debentures (NCDs).

Following the announcement, shares of the company gained as much as 2.76 per cent to hit intra-day high of Rs 11