Maruti Suzuki hits 52-week high ahead of Q2

Shares of Maruti Suzuki India rose over 1 per cent, hitting 52-week high, on the Bombay Stock Exchange ahead of second quarter numbers scheduled for release later in the day. Ahead of Q2 earnings, shares of country’s largest car maker gained as much as 1.10 per cent and touched 52-week high in intra-day to trade at Rs 5775.35 apiece on Bombay Stock Exchange.

In a similar fashion

Bharti Infratel rises over 3% ahead of Q2

Shares of Bharti Infratel, a telecom tower infrastructures provider, jumped over 3 per cent on the Bombay Stock Exchange ahead of second quarter numbers scheduled for release later in the day. In line with benchmark indices, shares of company gained as much as 3.44 per cent in intra-day to trade at Rs 375.00 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of company rose

Tata Teleservices zooms 20% amid volume trade

Shares of Tata Teleservices (Maharashtra) spiked 20 per cent and locked in upper circuit on the Bombay Stock Exchange amid surge in volume trade. In the recently concluded spectrum auction, the company has made a payment of about Rs 2,300 crore to Department of Telecom (DoT) for airwaves it bought, said a PTI report.

Driven by volume trade, shares of company gained as much as 20 per c

Wipro dips over 4% on weak Q2

Shares of Wipro fell over 4 per cent on the Bombay Stock Exchange after the country’s third largest software exporter reported that its consolidated net profit for the second quarter ended September 30, 2016 fell by 7.6 per cent at Rs 2,070.4 crore from the same period a year ago while third quarter revenue guidance missed analysts’ estimates.

Weighed down by Q2 earnings,

MindTree hist 52-week low post Q2

Shares of MindTree fell nearly 6 per cent, hitting 52-weke low, on the Bombay Stock Exchange after the IT major’s consolidated net profit declined 23 per cent to Rs 95 crore for the quarter ended September 2016 (Q2FY17) on sequentially against Rs 123 crore in June 2016 quarter. Weighed down by Q2 earnings, shares of company dipped as much as 5.63 per cent and touched 52-weke low in intra-

V-Guard Industries hits 52-week high on robust Q2

Shares of V-Guard Industries soared over 7 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported a 70 per cent growth in its net profit at Rs 39 crore for the quarter ended September 2016 (Q2FY17) as compared to Rs 23 crore in the year ago quarter.

Boosted by Q2 earnings, shares of company gained as much as 7.14 per cent and touched 52-weke high in in

JM Financial jumps over 4% on buying equity stake in IHL

Shares of JM Financial soared over 4 per cent on the Bombay Stock Exchange after the company said that its subsidiary has signed agreement to acquire equity shares representing up to 24.50 per cent of India Home Loan Limited (IHL) through secondary purchase. Following the announcement, shares of company gained as much as 4.27 per cent in intra-day to trade at Rs 83.00 apiece on Bombay Stock Exc

Career Point zooms 13% on getting Rs 35 cr towards assets sale transaction

Shares of Career Point rallied over 13 per cent on the Bombay Stock Exchange after the education company said that it has received Rs 35 crore in its wholly owned subsidiary Career Point Infra from Career Point University, Kota towards assets sale transaction. Following the announcement, shares of company gained as much as 13.15 per cent in intra-day to trade at Rs 133.35 apiece on Bombay Stock

NBCC extends loss over 4% as OFS begins

Shares of state-run NBCC (India) fell over 4 per cent on the Bombay Stock Exchange as the government begun process to offload 15 per cent equity stake in the company through an offer for sale, starting yesterday. Weighed down by the development, shares of company declined as much 3.96 per cent in intra-day to trade at Rs 241.20 apiece on Bombay Stock Exchange.

In a similar fashion, st

Biocon hits 52-week high on strong Q2

Shares of Biocon soared over 4 per cent, hitting 52-week high, on the Bombay Stock Exchange after biopharmaceutical company reported a 52 per cent increase in its consolidated net profit at Rs 147 crore for the quarter ended September 2016 as compared to Rs 97 crore in the same quarter last year.

Following the Q2 earnings, shares of company gained as much as 4.10 per cent and touched

HCL Tech Q2 profit rises 16 percent, retains revenue growth forecast

MUMBAI - HCL Technologies Ltd, India's fourth-biggest software services firm, reported on Friday second-quarter profit rose better than expected and maintained its revenue growth forecast for the year, allaying concerns of a slowdown in client spending.

India's $150 billion-plus information technology sector has been hit by delays in technology spending b

Mastek rises nearly 3% as Q2 profit surges

Shares of Mastek climbed nearly 3 per cent in early trade on the Bombay Stock Exchange after the company reported a 187 per cent growth in consolidated net profit at Rs 7.65 crore for the quarter ended September 30, 2016, helped by strong operational efficiency. Buoyed by strong earnings, shares of Mumbai-headquartered IT firm gained as much as 2.69 per cent in intra-day to trade at 145.30 apie

Aptech jumps nearly 7% on robust Q2

Shares of Aptech surged nearly 7 per cent, hitting 52-week high, in early trade on the Bombay Stock Exchange education and training company reported consolidated net profit of Rs 7.1 crore for the quarter ended September 30 compared with 0.46 crore reported in the year-ago period.

Buoyed by robust Q2, shares of company gained as much as 6.48 per cent and touched 52-week high in intra-

Diamond Power extends rally for fifth day; scrip zooms 10%

Shares of Diamond Power Infra extended gaining momentum for the fifth day on Thursday and rallied 10 per cent on the Bombay Stock Exchange amid surge in volume trade. In the last four trading session, the scrip of company has zoomed over 50 per cent. Continuing its gaining momentum, shares of company gained as much as 9.92 per cent in intra-day to trade at Rs 63.15 apiece on Bombay Stock Exchan

IDBI Bank extends gain on govt stake sale buzz

Shares of IDBI Bank surged nearly 2 per cent on the Bombay Stock Exchange after Economic Times reported that the government is mulling to bring its stake down to 52 per cent in the bank. According to a TOI report, GIC of Singapore, Asian Development Bank, IFC and Commonwealth Development Corporation have expressed interest in buying stake in IDBI Bank.

Extending previous session rally

Diamond Power zooms 10% amid heavy volume

Shares of Diamond Power Infra rallied 10 per cent and locked in upper circuit on the Bombay Stock Exchange amid surge in volume trade. In the last three trading session, the scrip of company has zoomed over 45 per cent. Continuing its gaining momentum, shares of company gained as much as 9.95 per cent in intra-day to trade at Rs 57.45 apiece on Bombay Stock Exchange.

In a similar fash

IOC hits fresh 52-week high on rating upgrade

Shares of state run-Indian Oil Corporation (IOC) rose nearly 2 per cent on the Bombay Stock Exchange after global rating agency CLSA retained its buy rating on the oil marketing company. Boosted by the development, shares of company gained as much as 1.98 per cent in intra-day to trade at Rs 327.05 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of company advanced 0.85

BHEL surges over 5% on commissioning of 3 hydro projects

Shares of Bharat Heavy Electricals Limited (BHEL) soared over 5 per cent on the Bombay Stock Exchange after the company commissioned three hydro-electric projects in Himachal Pradesh. Boosted by the development, shares of company gained as much as 5.36 per cent in intra-day to trade at 143.45 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of company rose 4.52 per cent t

IDBI Bank jumps nearly 5% on govt stake sale buzz

Shares of IDBI Bank surged nearly 5 per cent on the Bombay Stock Exchange after Economic Times reported that the government is mulling to bring its stake down to 52 per cent in the bank. According to a TOI report, GIC of Singapore, Asian Development Bank, IFC and Commonwealth Development Corporation have expressed interest in buying stake in IDBI Bank.

Riding high on media report, sha

DHFL shares hit 52-week high on robust Q2

Shares of Housing finance company Dewan Housing Finance Corporation (DHFL) jumped over 4 per cent, hitting 52-week high, on the Bombay Stock Exchange (BSE) after the company reported that its net profit for the second quarter ended September 30, 2016 rose by 29 per cent at Rs 232.61 crore from the same period a year.

Boosted by strong Q2 earnings, shares of the company gained as much

Shriram EPC rallies over 14% on winning new order

Shares of Shriram EPC spiked over 14 per cent on the Bombay Stock Exchange after the company said that it has bagged order in excess of Rs 61 crore from the Karnataka Water Authority. Following the announcement, shares of company gained as much as 14.04 per cent in intra-day to trade at Rs 27.20 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of company advanced 12.24 pe

Indian Hume Pipe zooms 20% on bonus issue plan

Shares of Indian Hume Pipe Company rallied 20 per cent and locked in upper circuit on the Bombay Stock Exchange after the company said that its board would consider the proposal for issue of bonus shares by capitalization of free reserves at their meeting to be held on October 26, 2016, subject to the approval of Shareholders.

Following the announcement, shares of company gained as mu

ICICI Bank extends gains on Essar-Rosneft deal

Private sector lender ICICI Bank continued their gaining streak for the second day on Tuesday and rose nearly 3 per cent on the Bombay Stock Exchange after the Essar group signed a deal with Russia’s Rosneft, United Capital Partners and Trafigura Group Pte. to sell 98 per cent of its asset to repay loans. According to Business Standard report, ICICI Bank has been closely working with Essa

Aarti Ind jumps 5% on board nod for share buyback

Shares of Aarti Industries surged 5 per cent, hitting 52-week high, on the Bombay Stock Exchange after the board of company approved buyback of shares at a price of Rs 800 per share via the tender offer route. Boosted by the development, shares of company gained as much as 5.01 per cent, hitting 52-week high, in intra-day to trade at Rs 740.00 apiece on Bombay Stock Exchange.

In a sim

Trident soars over 6% on rating upgrades

Shares of Trident, a diversified group of businesses headquartered in Ludhiana, rose over 6 per cent on the Bombay Stock Exchange after Credit Analysis & Research Ltd (CARE) and CRISIL upgraded the long-term and short term bank facilities of the company. Boosted by rating upgrades, shares of company gained as much as 6.25 per cent in intra-day to trade at Rs 61.20 apiece on Bombay Stock Exc