KPIT Tech tumbles over 6% post Q3

Shares of KPIT Technologies dipped over 6 per cent on the Bombay Stock Exchange after the company reported a 0.44 per cent decline in its third quarter net revenue at USD 123 million in October-December quarter in dollar terms.

However, in rupee term, the company posted a growth of 31 per cent in its net profit at Rs 73.6 crore in Q3FY17. Weighed down by decline in dollar revenue, sha

Hindustan Oil Co up 2% ahead of Q3 earnings

Shares of Hindustan Oil Exploration Company rose over 2 per cent on the Bombay Stock Exchange ahead of the third quarter earnings report to be released later in the day. Ahead of Q3 results, shares of company gained as much as 2.07 per cent to hit intra-day high of Rs 68.80 apiece on the Bombay Stock Exchange.

In a similar fashion, stocks of company advanced 1.71 per cent to Rs 68.45

Bharat Wire Ropes hits 52-week high on winning orders

Shares of Bharat Wire Ropes jumped 5 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company booked orders of Rs 8 Crore approximately out of which a prestigious and special order from defense has been awarded for Rs 6.5 Crore approximately.

Following the announcement, shares of company gained as much as 4.99 per cent to hit 52-week high of Rs 86.20 apiece in in

Tata Steel gains nearly 3% on local bourses

Shares of Tata Steel soared nearly 3 per cent on the Bombay Stock Exchange amid surge in volume trade on buzz over media repot that its holding company, Tata Sons, is consider to raise its ownership stake in the company. Riding high on media report, shares of company gained as much as 2.69 per cent to hit intra-day high of Rs 466.45 apiece on Bombay Stock Exchange.

In a similar fashio

United Spirit jumps over 6% on surge in volume trade

Shares of United Spirit continued gaining streak on Wednesday and rallied over 6 per cent on the Bombay Stock Exchange amid surge in volume trade on buzz over media repot that Diageo is mulling acquiring majority stake in the company. Driven by surge in volume trade, shares of company gained as much as 6.14 per cent to hit intra-day high of Rs 2210.90 apiece on Bombay Stock Exchange.

Logistics stocks continue gaining spree on clarity over GST rollout

Shares of logistic companies extended rally on Tuesday after the government cleared road for the Goods and Services Tax (GST) rollout from July 1 this year instead of the earlier deadline of April 1. Buoyed by the development, shares of Snowman Logistics gained as much as 6.64 per cent to hit intra-day high of Rs 63.40 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of c

Balkrishna Ind zooms nearly 13% on heavy volume

Shares of Balkrishna Industries rallied nearly 13 per cent on the Bombay Stock Exchange amid surge in volume trade on strong outlook after the tyre maker reported doubled its net profit at Rs 243 crore in Q2FY17 against Rs 106 crore in the same period last year.

Driven by surge in volume trade, shares of company gained as much as 12.85 per cent to hit intra-day high of Rs 1225.00 apie

Delta Corp rises over 3% on getting gaming license for Sikkim

Shares of Delta Corp jumped over 3 per cent on the Bombay Stock Exchange even after the company said that it has received a provisional gaming license for operations of a Casino in Gangtok, Sikkim.

Buoyed by the development, shares of company gained as much as 3.48 per cent to hit intra-day high of Rs 139.50 apiece on Bombay Stock Exchange. In a similar fashion, stocks of company rose

RIL dips over 2% post Q3

Shares of Reliance Industries dipped over 2 per cent on the Bombay Stock Exchange even after the company reported a 3.6 per cent rise in its third quarter net profit at 7,506 crore in October-December quarter as compared to Rs 7,245 crore in the same period a year back.

In line with benchmark indices, shares of company declined as much as 2.54 per cent to hit intra-day low of Rs 1049.

SPML Infra gains on winning orders worth Rs 800 cr

Shares of SPML Infra rallied over 8 per cent on the Bombay Stock Exchange after the company said it has secured new orders approximately of Rs 800 crore for power substation, rooftop solar power plant, water & wastewater treatment and municipal solid waste management projects from different states of India.

The company’s power substation business has received orders worth Rs

TCS dips over 3% post Q3

Shares of Tata Consultancy Services fell over 3 per cent in early trade on the Bombay Stock Exchange even after IT major reported a better-than-expected year-on-year growth of 11.2 per cent in its consolidated net profit after taxes (PAT) at Rs 6,814 crore for the third quarter ended December 31, 2016.

In line with benchmark indices, shares of company declined as much as 2.30 per cent

Hindustan Organic Chemicals zooms 20% on land sale plan

Shares of Hindustan Organic Chemicals rallied 20 per cent and locked in upper circuit on the Bombay Stock Exchange after the company said its board would consider the proposal to sell part of HOCL Land at Rasayani to BPCL, proposal to sell Land, Plant & Machinery of C.N.A Plant at HOCL Rasayani to ISRO as per GOI's directions.

Following the announcement, shares of company gain

Trigyn Tech jumps 5% on winning GSA`s IT Schedule 70 contract

Shares of Trigyn Technologies rallied 5 per cent on the Bombay Stock Exchange after the company said it has been awarded a United States General Services Administration (GSA) schedule contract, (GS-35F-139GA), designating Trigyn Technologies, Inc. as an approved vendor on the GSA’s IT Schedule 70. This award enables Government agencies and entities, Federal, State and Local, to more easil

APL Apollo Tubes up nearly 3% on securing two patents

Shares of APL Apollo Tubes, an exporters and manufacturers of black tubes, rose nearly 3 per cent in early trade on the Bombay Stock Exchange after the company said that it has received patents from the Indian Patent Office for two new designs.

Buoyed by the development, shares of company gained as much as 2.80 per cent to hit intra-day high of Rs 984.00 apiece on Bombay Stock Exchang

Biocon hits 52-week high on USFDA nod to cancer drug application

Shares of Biocon, an Indian biopharmaceutical company, rose over 5 per cent, hitting 52-week high, in early trade on the Bombay Stock Exchange after the company said that US drug regulator FDA accepted biologics license application for Mylan and Biocon's proposed biosimilar trastuzumab to treat breast cancers.

Following the announcement, shares of company gained as much as 5.01 pe

Oil India dips over 5% as stocks turn ex-bonus

Shares of state-run Oil India fell over 5 per cent in early trade on the Bombay Stock Exchange as the stock traded ex-bonus today in the ratio of 1:3. Weighed down by the development, shares of company declined as much as 5.47 per cent to hit intra-day low of Rs 342.15 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of company slipped 4.88 per cent to Rs 346.00 apiece on

Metal index hits 52-week on strong outlook

Metal index rallied over 4 per cent, hitting 52-week high, on the Bombay Stock Exchange (BSE) and the National Stock Exchange on Wednesday as Chinese commodity futures soared after the country’s top steelmaking province promised to further reduce production capacity, the Reuters reported.

In BSE, Metal index was at 11208.95, up by 455.79 points or by 4.24 per cent. Tracking the

Bharat Electronics rises over 2% on stock split plan

Shares of Bharat Electronics advanced over 2 per cent, hitting 52-week high, on the Bombay Stock Exchange (BSE) after the company said that its board would consider the proposal for sub-division of equity shares of the company of face value of Rs 10 each.

Following the announcement, shares of the company gained as much as 2.43 per cent to hit 52-week high in intra-day to trade at Rs 1

Suzlon Energy soars 5% on winning new order

Shares of Suzlon Energy advanced over 5 per cent on the Bombay Stock Exchange (BSE) after the company said that it has bagged 226.8 MW wind power project order from a leading Independent Power Producer (IPP).

Buoyed by the development, shares of the wind turbine maker grew 5.01 per cent to hit intra-day high of Rs 15.70 apiece on Bombay Stock Exchange. In a similar fashion, stocks of

Engineers India gains after winning order from HPCL

Shares of Engineers India Ltd rose over 3 per cent on the Bombay Stock Exchange (BSE) after it has received an order worth over Rs 2,500 crore from Hindustan Petroleum Corporation Ltd (HPCL). “Hindustan Petroleum Corporation Ltd (HPCL) has entrusted the project for execution of Vizag Refinery Modernization Project (VRMP) to Engineers India Ltd (EIL),” the company said in a filing to

Granules India tanks 13% on getting observations for Telangana unit

Shares of Granules India tumbled nearly 13 per cent on the Bombay Stock Exchange after the drug maker said that it has received eleven observations from Infarmed (InstitutoNacional da Farmacia E Do Medicamento), the Portuguese drug regulator, for its facility located at Gagillapur, Telangana.

Weighed down by the development, shares of company declined as much as 12.87 per cent to hit

Pokarna hits 52-week high on partnership with IKEA

Shares of Pokarna zoomed 20 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company said that its wholly-owned subsidiary, Pokarna Engineered Stone, has entered into partnership with Swedish home furnishing products retailer IKEA in India, to serve as its exclusive quartz surfaces supplier and installation partner.

Buoyed by the development, shares of company ga

Tata Motors up on December JLR sales

Shares of Tata Motors climbed over 1 per cent on the Bombay Stock Exchange after the company said that its premium luxury vehicles-maker Jaguar Land Rover (JLR) reported 12 per cent growth in total retail sales of 55,375 vehicles in December 2016 over the previous year.

Boosted by the development, shares of company gained as much as 1.33 per cent to hit intra-day high of Rs 504.45 api

Piramal Enterprises up nearly 4% on plan to enter housing finance biz

Shares of Piramal Enterprises advanced nearly 4 per cent on the Bombay Stock Exchange after the company unveiled plan to enter housing finance business.

Following the announcement, shares of company gained as much as 3.80 per cent to hit intra-day high of Rs 1719.50 apiece on Bombay Stock Exchange. In a similar fashion, stocks of company rose 1.31 per cent to Rs 1,679.90 apiece on the

Wockhardt jumps over 8% after German authority clears Gujarat unit

Shares of Wockhardt surged over 8 per cent on the Bombay Stock Exchange after the drug maker said that competent authority of Germany has issued EU GMP Certificate confirming that company's manufacturing facility at Ankaleshwar, Gujarat, complies with the principles and guidelines of good manufacturing practices.

Boosted by the development, shares of company gained as much as 8.12