Bharti Airtel rises nearly 4% on nod for merger with Telenor

Shares of Bharti Airtel jumped nearly 4 per cent on the Bombay stock Exchange after the telecom major said it has received approvals from market regulator Sebi, BSE and NSE for the proposed merger with Telenor India.

Following the announcement, shares of the company gained as much as 3.86 per cent to hit intra-day high of Rs 381.35 apiece on the Bombay Stock Exchange. The scrip was cu

Ramco Systems gains over 2% on robust Q4

Shares of Ramco Systems rose over 2 per cent on the Bombay stock Exchange after the company reported consolidated net profit of Rs 8 crore for quarter ended March 31, 2017 from Rs 7 crore in the same quarter last year.

Boosted by strong Q4, shares of the company gained as much as 2.20 per cent to hit intra-day high of Rs 352.60 apiece on the Bombay Stock Exchange.

The scrip

Infosys dips nearly 2% as shares turn ex-dividend

Shares of IT bellwether Infosys fell nearly 2 per cent on the Bombay stock Exchange as investors gave thumbs-down to stocks after it turned ex-dividend today. Weighed down by the development, shares of the company declined as much as 1.80 per cent to hit intra-day low of Rs 959.35 apiece on the Bombay Stock Exchange.

The scrip was currently trading at Rs 972.25    again

Reliance Communications rebounds nearly 6% on plans to resolve debt issue

Shares of Reliance Communications rebounded nearly 6 per cent on the Bombay stock Exchange after media report suggested that lenders are looking at various options, including strategic debt restructuring (SDR), to resolve the company’s debt issue.

Riding high on media reports, shares of the company gained as much as 5.75 per cent to hit intra-day high of Rs 21.15 apiece on the B

Aurobindo Pharma surges nearly 6% on USFDA nod to Atomoxetine capsules

Shares of Aurobindo Pharma soared nearly 6 per cent on the Bombay stock Exchange after the drug maker said that it has received final approval from the US Food & Drug Administration (USFDA) to manufacture Atomoxetine capsules, 10 mg, 18 mg, 25 mg, 40 mg, 60 mg, 80 mg and 100 mg.

Buoyed by the development, shares of the company gained as much as 5.66 per cent to hit intra-day high

Pfizer jumps over 7% on deal with AstraZeneca`s Swedish arm

Shares of Pfizer rallied over 7 per cent on the Bombay stock Exchange after the drug maker said that it has entered into an acquisition agreement with AstraZeneca AB, Sweden, pursuant to which the brand 'Neksium' is being acquired by the company in India for a consideration of Rs 75 Crores.

Boosted by the development, shares of the company gained as much as 7.15 per cent to hi

Videocon Industries hits lower circuit for 9th day

Shares of Videocon Industries continued on its losing streak for the ninth session, eroding another 5 per cent and locked in lower circuit on the Bombay stock Exchange amid persistent concerns over payment woes.

The company has lost 61.52 per cent from Rs 100.45 to Rs 38.65 in the last nine trading session. Extending previous session losses, shares of the company declined as much as 4

Tiger Logistics jumps nearly 5% on robust Q4

Shares of Tiger Logistics (India) rallied nearly 5 per cent on the Bombay Stock Exchange after the company reported a whopping 223 per cent growth in its net profit at Rs 3.10 crore for the fourth quarter ended March 31, 2017, compared to Rs 1 crore in the year ago period.

Driven by strong Q4, shares of the company gained as much as 4.82 per cent to hit intra-day high of Rs 201.85 api

BEML jumps nearly 9% on robust Q4

Shares of BEML spiked nearly 9 per cent on the Bombay Stock Exchange after the company reported a growth of 26.5 per cent in its standalone net profit at Rs 186 crore for the fourth quarter ended March 31, 2017 from Rs 147 crore in the year ago period.

Driven by strong Q4, shares of the company gained as much as 8.66 per cent to hit intra-day high of Rs 1271.95 apiece on the Bombay St

Mahindra & Mahindra surges over 6% on strong Q4

Shares of Mahindra & Mahindra jumped over 6 per cent on the Bombay Stock Exchange after auto major reported a growth of 19.9 per cent in its standalone net profit after taxes (PAT) at Rs 725.16 crore for the fourth quarter ended March 31, 2017.

Boosted by strong Q4, shares of the company gained as much as 6.38 per cent to hit intra-day high of Rs 1449.00 apiece on the Bombay Stock

Reliance Communications hits fresh low on rating downgrade

Shares of Reliance Communications extended selling spree on Wednesday, hitting fresh 52-week low, on the Bombay stock Exchange after the global rating agency Moody's Investors Service downgraded company’s rating and senior secured bond rating, citing weak performance and fragile liquidity position.

Extending previous session losses, shares of the company declined as much as

United Spirits zooms 10% on plan to sell properties owned by Mallya

Shares of United Spirits rallied over 10 per cent on the Bombay Stock Exchange after media report suggested that the India’s largest spirits company is planning to sell 13 properties owned by its former Chairman and promoter Vijay Mallya, who failed to buy back within set deadline.

Cheering the news, shares of the company gained as much as 10.27 per cent to hit intra-day high of

Aurobindo Pharma jumps over 10% despite weak Q4

Shares of Aurobindo Pharma rallied over 10 per cent on the Bombay Stock Exchange amid strong volume even after the drug maker reported a 4 per cent decline in its consolidated net profit at Rs 532.22 crore in the fourth quarter ending March 31, 2017, as against Rs 554.51 crore in the corresponding quarter of the previous financial year.

Driven by volume trade, shares of the company ga

Jubilant Foodworks nosedives 13% as Q4 profit declines

Shares of Jubilant Foodworks plunged nearly 13 per cent on the Bombay Stock Exchange after the company reported a 75.88 per cent decline in its standalone net profit at Rs 6.71 crore in the fourth quarter ending March 31, 2017, as against Rs 27.83 crore in the corresponding quarter of the previous financial year.

Reacting to weak Q4, shares of the company declined as much as 12.95 per

Coal India touches 52-week low on weak Q4

Shares of Coal India fell nearly 3 per cent, hitting 52-week low, on the Bombay Stock Exchange after the state-run mining company reported a 38 per cent decline in its consolidated net profit at Rs 2,716 crore in the fourth quarter ending March 31, 2017, as against Rs 4,398 crore in the corresponding quarter of the previous financial year.

Weighed down by weak Q4, shares of the compan

Reliance Communications extends fall post Q4; scrip hits fresh 52-week low

Shares of Reliance Communications continued losing streak on Tuesday, falling over 7 per cent, hitting all-time low, on the Bombay stock Exchange after the company reported a net loss of Rs 948 crore for the fourth quarter, dented by intense price war unleashed by the newcomer Jio.

Extending losses post Q4, shares of the company declined as much as 7.56 per cent to hit 52-week low of

BHEL plunges nearly 13% on disappointing Q4

Shares of state-run Bharat Heavy Electricals Limited (BHEL) tumbled nearly 13 per cent on the Bombay Stock Exchange after the company reported a 57 per cent decline in its standalone net profit at Rs 215.55 crore in the fourth quarter ending March 31, 2017, as against Rs 505.71 crore in the corresponding quarter of the previous financial year.

Weighed down by weak Q4, shares of the co

ITC hits 52-week high on robust Q4

Shares of FMCG major ITC rose nearly 4 per cent, hitting 52-week high, on the Bombay stock Exchange after the company reported a 12.13 per cent growth in its standalone net profit at Rs 2,669.47 crore for the fourth quarter ended March 31, 2017, helped by spurt in revenue from cigarette segment. Boosted by strong Q4, shares of the company gained as much as 3.64 per cent to hit 52-week high of R

Reliance Communications hits record low on weak Q4

Shares of Reliance Communications nosedived nearly 19 per cent, hitting all-time low, on the Bombay stock Exchange after the company reported a net loss of Rs948 crore for the fourth quarter, dented by intense price war unleashed by newcomer Jio. Weighed down by weak Q4, shares of the company declined as much as 18.99 per cent to hit 52-week low of Rs 20.90 apiece on the Bombay Stock Exchange.<

Sun Pharma hits 52-week low on weak Q4

Shares of Sun Pharmaceutical Industries tumbled over 13 per cent, hitting 52-week low, on the Bombay stock Exchange after the pharma major reported a 14 per cent decline in consolidated net profit at Rs 1,223 crore in the March quarter of fiscal year 2017, compared to Rs 1,416 crore in Q4 of previous fiscal year.

Reacting to Q4, shares of the company declined as much as 13.28 per cent

Tech Mahindra nosedives nearly 17% on disappointing Q4

Shares of Tech Mahindra plunged nearly 17 per cent, hitting 52-week low, on the Bombay stock Exchange after the IT services firm reported a drop of 30.2 per cent in its consolidated net profit after tax at Rs 589.69 crore sequentially for the March quarter of FY17, as compared to Rs 844.86 crore in December quarter.

Weighed down by Q4, shares of the company declined as much as 16.71 p

Strides Shasun tanks over 4% on US FDA observations

Shares of Strides Shasun tumbled over 4 per cent on the Bombay stock Exchange after the drug maker said the US health regulator has issued a Form 483 with 3 observations for its formulations facility in Bangalore.

Weighed down by the development, shares of the company declined as much as 4.40 per cent to hit intra-day low of Rs 877.00 apiece on the Bombay Stock Exchange.

The

Videocon Ind shares crack 53% in last five days; scrip hits lower circuit

Shares of Videocon Industries continued losing streak for the fifth day, eroding another 10 per cent and locked in lower circuit on the Bombay stock Exchange amid surge in the volume trade. The company has lost 53 per cent from Rs 100.45 to Rs 47.30 in the last five trading session, ahead of its financial results for the quarter ended March 31, 2017 due today.

Extending previous sessi

Manappuram Finance rallies over 6% on strong Q4

Shares of Manappuram Finance jumped over 6 per cent on the Bombay stock Exchange after the country’s largest listed and highest credit rated gold loan company reported a 53 per cent growth in its consolidated net profit at Rs 201 crore in March quarter (Q4FY17), compared to Rs 131 crore in the year ago quarter.

Buoyed by strong Q4, shares of the company gained as much as 6.42 pe

Cipla tumbles nearly 5% on weak Q4

Shares of Cipla tanked nearly 5 per cent on the Bombay stock Exchange after the drug maker reported a consolidated net loss of Rs 61.79 crore for the quarter ended March 31, 2017, compared to net loss of Rs 92.83 crore in the same quarter last year.

Weighed down by weak Q4, shares of the company declined as much as 4.97 per cent to hit intra-day low of Rs 479.00 apiece on the Bombay S