Mandhana Retail Ventures jumps 5% to hit upper circuit on Day 2

After making a strong debut, The Mandhana Retail Ventures surged 5 per cent and locked in upper circuit on the Bombay Stock Exchange on the second day of trade after media reported that renowned investor Rakesh Jhunjhunwala is mulling to buy a minority stake in the company.

Shares of the company, which comprises Salman Khan's brand Being Human, gained as much as 4.98 per cent to h

IT stocks gain over 1% on Fed outlook; TCS up 2%

Shares of IT companies rallied over 1 per cent on Bombay Stock Exchange after the US Federal Reserve said that US economy has made considerable progress toward dual objectives of maximum employment and price stability, which is a leading indicator for Indian IT revenue growth. At 11:55 hours, BSE_IT index was at 10034.11, up by 114.58 points or by 1.16 per cent.

The US Federal Reserve

Axis Bank rises over 3% on fund raising plan

Shares of Axis Bank climbed over 3 per cent on the Bombay Stock Exchange after the private sector lender said that it will raise fund upto Rs 3,500 crore through issue non-convertible debentures. “The bank proposes to raise funds by issuing unsecured subordinated, perpetual, additional Tier I, Basel III compliant non-convertible debentures of the face value of Rs 10 lakh each for cash at

HCC zooms over 11% on plan to convert loan into equity shares

Shares of Hindustan Construction Company (HCC) rallied over 11 per cent on the Bombay Stock Exchange after the company said that it will hold an Extra Ordinary General Meeting (EGM) next month for conversion of loan into equity shares or optionally convertible debentures.

Buoyed by the development, shares of company gained as much as 11.39 per cent to hit intra-day high of Rs 43.50 ap

Wockhardt surges nearly 5% on getting GMP certificate for Daman unit

Shares of Wockhardt jumped nearly 5 per cent on the Bombay Stock Exchange after the drug maker said that the company's manufacturing unit at Kadaiya, Daman complies with the UK health regulator’s principles and guidelines of Good Manufacturing Practices. In view of this, the approval status of the said unit continues, it said the filing.

Following the announcement, shares of

Coal India dips over 3% on weak Q2

Shares of Coal India tanked over 3 per cent on the Bombay Stock Exchange after the state-run company reported a 77 per cent decline in its consolidated net profit at Rs 600 crore for the quarter ended September 30, 2016, compared to Rs 2,654 crore in the same quarter last fiscal.

Weighed down by Q2 earnings, shares of company declined as much as 3.43 per cent to hit intra-day low of R

Bajaj Electricals allots 46,750 equity shares under ESOP scheme

Bajaj Electricals Ltd said that it has allotted 46,750 equity shares in the Company to 17 Employee Stock Option Grantees on their exercise of options granted under ESOP. “The Share Allotment Committee of the Company at its 36th meeting held on December 13, 2016, allotted 46,750 equity shares of Rs. 2 each, fully paid-up, in the Company to 17 Employee Stock Option Grantees on their exercis

KNR Cons hits new high after stock turns ex-split today

Shares of KNR Constructions rallied 17 per cent, hitting 52-week high, on the Bombay Stock Exchange after the stock turned ex-stock split today from Rs 10 to Rs 2. The company has fixed Record date as December 14, 2016 for the purpose of sub-division of face value from Rs 10 to Rs 2. Boosted by the development, shares of company gained as much as 17.00 per cent to hit intra-day high of Rs 187.8

Vakrangee tumbles nearly 9% on volume trade

Shares of Vakrangee, a document and printing related services provider, tanked nearly 9 per cent on the Bombay Stock amid surge in volume trade which pulled down from its record high of Rs 288 touched in early morning trade.

Weighed down by volume trade, shares of company declined as much as 8.51 per cent to hit intra-day low of Rs 260.00 apiece on Bombay Stock Exchange.

In

Sunteck Realty zooms nearly 16% on robust Q2

Shares of Sunteck Realty rallied nearly 16 per cent on the Bombay Stock Exchange after the realty firm reported a consolidated net profit of Rs 96 crore for the quarter ended September 30, 2016, compared to Rs 15 crore in the same quarter last fiscal.

Buoyed by strong Q2, shares of company gained as much as 15.71 per cent to hit intra-day high of Rs 240.45 apiece on Bombay Stock Excha

Tata Motors jumps nearly 5% on block deal

Shares of Tata Motors surged nearly 5 per cent on the Bombay Stock Exchange amid a series of block deal ahead of special shareholders’ meeting on 22 December to remove Cyrus Mistry as director. According to Economic Times, Tata Sons had mandated Morgan Stanley to 1.73 per cent in automobile major to increase the group holdings of 33 per cent in the company to secure the vote against Mistr

Syngene International tanks over 6% on report of fire incident

Shares of Syngene International, a contract research & manufacturing organization, plunged over 6 per cent on the Bombay Stock Exchange after the company said that fire broke out at one of its laboratory building last night.

“There has been no loss of life or any injury reported,” Syngene International said in a filing to BSE. Weighed down by the development, shares of

OMCs hit record high on rise in oil prices

Shares of oil marketing companies such as Oil Natural Gas Corporation and Oil India hit fresh 52-week high on the Bombay Stock Exchange following OPEC and Non-OPEC deal to cut crude oil production which pushed oil prices higher. Following surge in oil prices, shares of ONGC gained as much as 2.46 per cent to hit 52-week high in intra-day at Rs 314.45 apiece on Bombay Stock Exchange.

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Rolta India zooms nearly 18% on robust Q2

Shares of Rolta India rallied nearly 18 per cent on the Bombay Stock Exchange after the company reported 91 per cent growth in its consolidated net profit at Rs 54.30 crore for the second quarter ended September 2016 (Q2FY17), compared to Rs 28.38 crore in the same quarter last year.

Boosted by strong Q2 shares of company gained as much as 17.74 per cent to hit intra-day high of Rs 64

Claris Lifesciences surges nearly 7% on strong Q2

Shares of Claris Lifesciences extended their gain by nearly 7 per cent on the Bombay Stock Exchange after the company reported a more-than-doubled growth in its consolidated net profit at Rs 32 crore for the quarter ended September 30, 2016 (Q2FY17), compared to Rs 12 crore in the same quarter last year.

Extending Friday’s rally, shares of company gained as much as 4.67 per cent

Titagarh Wagons jumps nearly 6% on bagging new orders

Shares of Titagarh Wagons surged nearly 6 per cent on the Bombay Stock Exchange after the company won an order for construction of two fuel barges for the Indian Navy in its recently added "Ship-building" vertical. Buoyed by the development, shares of company gained as much as 5.87 per cent to hit intra-day high of Rs 120.80 apiece on Bombay Stock Exchange.

In a similar fash

NHPC rises nearly 2% on deal with Assam Power

Shares of NHPC climbed nearly 2 per cent on the Bombay Stock Exchange after the company signed a power purchase agreement in respect of up-coming projects Tawang-I and Tawang-II HE Project on December 06, 2016 with "Assam Power Distribution Company Limited". Buoyed by the development, shares of company gained as much as 1.64 per cent to hit intra-day high of Rs 27.85 apiece on Bombay

MMTC plunges nearly 7% on disappointing Q2

Shares of MMTC nosedived nearly 7 per cent on the Bombay Stock Exchange after the company reported a decline of 76.5 per cent in its standalone net profit at Rs 10.46 crore in Q2 FY17 as compared to Rs 44.60 crore in Q2 FY16. Weighed down by Q2 earnings, shares of company declined as much as 6.67 per cent to hit intra-day low of Rs 51.05 apiece on Bombay Stock Exchange.

In a similar f

Sun TV zooms over 9% on strong volume

Shares of Kalanidhi Maran owned Sun TV Network surged over 9 per cent on the Bombay Stock Exchange amid surge in volume trade following the demise of Tamil Nadu Chief Minister Jayalalithaa. Kalanidhi Maran is the grandnephew of M Karunanidhi, who leads AIADMK’s archrival DMK party.

Amid volume trade, shares of company gained as much as 9.54 per cent to hit intra-day high of Rs 5

JSPL rises over 3% as Q2 loss narrows

Shares of Jindal Steel & Power Limited (JSPL) surged over 3 per cent on the Bombay Stock Exchange after the company’s consolidated loss narrowed to Rs 745.98 crore for the quarter ended September 30, 2016 from a net loss of Rs 909.53 crore in the corresponding quarter last year.

Following the Q2 earnings, shares of company gained as much as 3.35 per cent to hit intra-day hig

Puravankara Projects zooms nearly 16% on robust Q2

Shares of Puravankara Projects rallied nearly 16 per cent on the Bombay Stock Exchange after the Bengaluru-based real estate company reported 56 per cent growth in its consolidated net profit at Rs 42.12 crore for the quarter ending September 2016 (Q2FY17), compared to Rs 26.97 crore in the same quarter last fiscal.

Buoyed by strong Q2, shares of company gained as much as 15.93 per ce

Tata Steel jumps over 4% on investment plan for UK

Shares of Tata Steel rose over 4 per cent on the Bombay Stock Exchange after the steel maker announced to invest one-billion-pound to save 8,000 jobs in the steel industry and the Port Talbot steelworks in south Wales.

Buoyed by the development, shares of company gained as much as 4.35 per cent to hit intra-day high of Rs 430.80 apiece on Bombay Stock Exchange. In a similar fashion, s

Divi's Lab falls over 6% on USFDA warning

Shares of Divi's Laboratories plunged over 6 per cent on the Bombay Stock Exchange after the company said that it has received US Food and Drug Administration’s (USFDA) form 483 with five observations for its Visakhapatnam unit at Andhra Pradesh. Reacting to the news, shares of company declined as much as 6.27 per cent to hit intra-day low of Rs 1090.55 apiece on Bombay Stock Exchange

Polaris Consulting falls nearly 6% on promoter stake sale

Shares of Polaris Consulting & Services tumbled nearly 6 per cent on the Bombay Stock Exchange as promoter offload stake in the company through the offer-for-sale (OFS) which begins today. The company has fixed a floor price of Rs 130 a share for the offer. Weighed down by the development, shares of company declined as much as 5.61 per cent to hit intra-day low of Rs 152.05 apiece on Bombay

CG tanks nearly 9% on termination of T&D deal

Shares of Crompton Greaves, a leader in the management and application of electrical energy, tumbled nearly 9 per cent on the Bombay Stock Exchange after the company said that its transmission & distribution (T&D) deal with Pauwels Spaco for sale of its power business in Europe, North America and Indonesia stands terminated.

Weighed down by the development, shares of company d