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

ACC hits 52-week high on merger with Ambuja Cements

Shares of ACC rallied 6 per cent, hitting 52-week high, on the Bombay Stock Exchange after its board decided to commence an evaluation of a potential merger between the company and Ambuja Cements.

ACC and Ambuja Cements are part of the world's largest cement producer LafargeHolcim. Buoyed by the merger plan, shares of the company gained as much as 5.95 per cent to hit 52-week high

Gillette India hits 52-week high on robust Q3

Shares of Gillette India rallied nearly 13 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported a 54 per cent year-on-year growth in its net profit at Rs 106 crore for the third quarter ended March 2017.

The company has also declared an interim dividend of Rs 154 per equity share and has fixed Thursday, May 18, 2017 as the record date for the purpose

Avenue Supermarts falls over 3% on profit booking

Shares of Avenue Supermarts dipped over 3 per cent on the Bombay Stock Exchange amid profit booking even after the company reported a 47 per cent growth in net profit at Rs 97 crore for the quarter ended March 2017 (Q4FY17), compared to Rs 66 crore in the same quarter year ago.

Weighed down by profit booking, shares of the company declined as much as 3.54 per cent to hit intra-day low

HDFC falls over 1% on weak Q4

Shares of Housing Development Finance Corporation (HDFC) dipped over 1 per cent on the Bombay Stock Exchange after company reported a 11 per cent decline in its consolidated net profit at Rs 3,079.33 crore during the January-March quarter of 2017-18, compared to Rs 3,460.46 crore in the corresponding quarter of previous fiscal. Weighed down by weak Q4, shares of the company declined as much as

SpiceJet hits fresh 52-week high as oil prices fall

Shares of low-cost carrier SpiceJet surged over 8 per cent, hitting 52-week high, on the Bombay Stock Exchange amid spurt in volume trade as oil prices fell to its lowest level in over five months. Decline in crude oil prices will help airlines in improve their margins as jet fuel prices constitutes a major part of the operating cost.

Driven by fall in crude prices, Gurgaon- headquart

Sadbhav Infrastructure zooms over 17% on block deal

Shares of Sadbhav Infrastructure Project spiked over 17 per cent on the Bombay Stock Exchange amid spurt in volume trade. According to data available with BSE, as much as 13.52 million equity shares, representing nearly 4 per cent, of total equity of company have changed hands on the counter. Boosted by the developemnt, shares of the company gained as much as 17.09 per cent to hit intra-day hig

MCX dips over 4% on disappointing Q4

Shares of Multi Commodity Exchange of India (MCX) fell over 4 per cent on the Bombay Stock Exchange after commodity bourses reported 50.78 per cent decline in its net profit at Rs Rs 21.88 crore during the fourth quarter ended March 31, 2017, from Rs 44 crore in the same period last year. Weighed down by weak Q4, shares of the company declined as much as 4.3 per cent to hit intra-day low of Rs

SBI extends rally, hits fresh 52-week high

Shares of State Bank of India continued gaining streak for the second day on Friday, hitting 52-week high, on the Bombay Stock Exchange after Union Cabinet on Wednesday approved new non-performing assets (NPA) policy to deal with stressed assets.

Extending previous session rally, shares of the bank gained as much as 1.6 per cent to hit 52-week high of Rs 303.55 apiece on the Bombay St

Future Retail hits 52-week high on dividend plan

Shares of Future Retail rallied over 7 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company said that its board would meet on May 09, 2017 to consider recommendation of dividend, if any, for financial year ended March 31, 2017. “The board of directors of the company is scheduled to be held on May 09, 2017 to consider and approve the audited financial results for

Merck jumps nearly 6% on robust Q4

Shares of Merck spurted nearly 6 per cent on the Bombay Stock Exchange after the company reported a 76.42 per cent growth in its net profit at Rs 14.82 crore for the March quarter, from Rs 8.40 crore during the corresponding quarter of last year. Driven by strong Q4, shares of the company gained as much as 5.86 per cent to hit intra-day high of Rs 1140.00 apiece on the Bombay Stock Exchange. Th

SBI rises over 2% as Cabinet approves NPA policy

Shares of State Bank of India, the country’s largest public sector lender, soared over 2 per cent on the Bombay Stock Exchange after Union Cabinet on Wednesday approved new non-performing assets (NPA) policy to deal with stressed assets. Buoyed by the development, shares of the bank gained as much as 2.57 per cent to hit intra-day high of Rs 296.80 apiece on the Bombay Stock Exchange. The

ICICI Bank hits 52-week high as Q4 profit surges

Shares of ICICI Bank jumped over 9 per cent, hitting 52-week high, on the Bombay Stock Exchange after private sector lender reported a 188 per cent rise in its March quarter (Q4) standalone net profit at Rs 2,025 crore, compared to Rs 702 crore in the year-ago quarter. Boosted by strong Q4, shares of the bank gained as much as 9.44 per cent to hit 52-week high of Rs 298.50 apiece on the Bombay

SpiceJet hits 52-week high on bourses

Shares of low-cost carrier SpiceJet soared over 4 per cent, hitting 52-week high, on the Bombay Stock Exchange amid surge in volume trade. According to data available with exchange, Gurgaon- headquartered airline has rallied 104 per cent to Rs 116.90 in the calendar year 2017, from Rs 57.20 on December 30, 2016.

Continuing its gaining streak, shares of the company advanced as much as

Savera Ind jumps over 7% on plan to close Bangalore unit

Shares of Savera Industries rose over 7 per cent on the Bombay Stock Exchange after the company said it has decided to close the company's Bangalore unit "Savera Purple". The reason for the closure of the business is due to continues losses incurred by the unit.

Following the announcement, shares of the company gained as much as 7.30 per cent to hit intra-day high of Rs

Godrej Properties sells 1000 apartments in 2 months

Godrej Properties, a real estate arm of Godrej Industries, on Wednesday said it has sold over 1000 apartments across three new project launches - Godrej Origins at The Trees in Mumbai, The Suites at Godrej Golf Links in Greater Noida and Godrej 24 at Hinjawadi, Pune since March 2017.

“Godrej Origins at The Trees in Mumbai witnessed sales of 130 apartments within the first week o

Deep Industries surges 8% on strong Q4

Shares of Deep Industries surged nearly 8 per cent on the Bombay Stock Exchange after the company reported 81.23 per cent growth in its standalone net profit at Rs 23.23 crore for the fourth quarter ended March 31, 2017. Buoyed by Q4, shares of the company gained as much as 7.96 per cent to hit intra-day high of Rs 339.70 apiece on the Bombay Stock Exchange.

The scrip was currently tr

Kitex Garments plunges 16% on weak Q4

Shares of Kitex Garments tumbled 16 per cent on the Bombay Stock Exchange after the company reported 39 per cent decline in its neat profit at Rs 27 crore during January-March quarter of 2016-17, compared to Rs 45 crore in year ago quarter. Weighed down by Q4, shares of the company declined as much as 15.98 per cent to hit intra-day low of Rs 420.60 apiece on the Bombay Stock Exchange.

<
Federal Bank hits 52-week high on robust Q4

Shares of Federal Bank rose over 7 per cent, hitting 52-week, on the Bombay Stock Exchange after the private sector lender reported 25 times jump in its net profit at Rs 257 crore during the January-March quarter of 2017-18, helped by improvement in asset quality and lower provisions. Boosted by Q4, shares of the bank gained as much as 7.30 per cent to hit 52-week high of Rs 115.30 apiece on th

Raymond falls over 4% on weak Q4

Shares of Raymond dipped over 4 per cent on the Bombay Stock Exchange after the company reported 38.03 per cent decline in its consolidated net profit at Rs 33.68 crore for the fourth quarter ended March 31, from Rs 54.35 crore in the year-ago quarter.

Weighed down by Q4, shares of the company declined as much as 4.21 per cent to hit intra-day low of Rs 716.20 apiece on the Bombay Sto

Maruti Suzuki hits 52-week high on robust April sales

Shares of Maruti Suzuki India soared nearly 3 per cent, hitting 52-week high, on the Bombay Stock Exchange after country's largest car maker reported 19.5 per cent rise in its total sales in April 2017 at 1,51,215 units, as compared to 1,26,569 units during the same period last year.

Boosted by strong sales in April, shares of the company gained as much as 2.67 per cent to hit 52-

Uttam Galva Steels zooms over 12% on robust Q1

Shares of Uttam Galva Steels rallied over 12 per cent on the Bombay Stock Exchange after the company reported net profit of Rs 138.89 crore in the three-month period ended March 31, 2017, compared to net loss of Rs 671.47 crore in the year-ago quarter. Driven by strong Q1, shares of the company gained as much as 12.01 per cent to hit intra-day high of Rs 34.50 apiece on the Bombay Stock Exchang

ITDC jumps 10% on pact with MP, Assam and Rajasthan government

Shares of India Tourism Development Corporation (ITDC) surged 10 per cent on the Bombay Stock Exchange after the company inked pact with Government of Madhya Pradesh (MP), Assam and Rajasthan for transfer of equity stake of the company in the joint venture subsidiary companies.

“The company has entered into MoUs with Government of Madhya Pradesh Assam and Rajasthan for transfer