Caplin Point Lab hits 52-week high on robust Q4

Shares of Caplin Point Laboratories zoomed nearly 15 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company’s consolidated net profit more than doubled to Rs 33 crore in March quarter (Q4FY17), compared to Rs 16 crore in the same quarter a year ago, helped by strong revenue growth.

Driven by strong Q4, shares of the pharmaceutical company gained as much a

Hero MotoCorp jumps nearly 3% post Q4

Shares of Hero MotoCorp rose nearly 3 per cent on the Bombay Stock Exchange even after the country's biggest two wheeler maker reported a 14 per cent decline in profit at Rs 717.75 crore for the fourth quarter ended March 31, 2017 against Rs 833.29 crore in FY16, weighed down by BS III discounts.

In line with benchmark indices, shares of the company gained as much as 2.91 per cent

Trident surges nearly 5% on strong Q4

Shares of Trident rallied nearly 5 per cent on the Bombay Stock Exchange after the company reported a a 63.6 per cent rise in net profit at Rs 99.7 crore for the fourth quarter ended March 2017, compared to Rs 60.9 crore in the year-ago period. Boosted by the earnings, shares of the home textiles and paper products maker gained as much as 4.83 per cent to hit intra-day high of Rs 89.90 apiece o

Biocon plunges 6% on US FDA observations

Shares of biopharma firm Biocon tumbled 6 per cent on the Bombay Stock Exchange after media report suggested that the company has received eight observations for its Bengaluru unit.

In a response to media reports, Biocon has said that observation on form 483 is a standard outcome of any audit and it has a good track record of inspections by the USFDA, European regulators and other reg

HUL hits 52-week high on positive monsoon forecast

Shares of fast moving consumer goods (FMCG) major Hindustan Unilever Limited (HUL) jumped nearly 5 per cent, hitting 52-week high, on the Bombay Stock Exchange after the India Meteorological Department (IMD) forecasted above average monsoon rainfall in 2017 which is likely to boost rural demand.

Riding high on hopes of recovery in rural demands, shares of the company gained as much as

InterGlobe Aviation falls over 3% on weak Q4

Shares of InterGlobe Aviation tanked over 3 per cent on the Bombay Stock Exchange after IndiGo’s operator reported a decline of 24.6 per cent in its net profit at Rs 440 crore during the January-March quarter in comparison to Rs 584 crore in the year-ago period. Weighed down by Q4, shares of budget carrier declined as much as 3.13 per cent to hit intra-day low of Rs 1104.35 apiece on the

GMDC hits 52-week high on robust Q4

Shares of Gujarat Mineral Development Corporation (GMDC) rallied over 15 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company’s standalone net profit more than doubled to Rs 90 crore during the quarter ended March 2017, compared to Rs 40 crore in the year ago period. Driven by strong Q4, shares of the company gained as much as 15.58 per cent to hit 52-week high o

Bharti Airtel up over 4% on rise in subscriber base, Africa biz growth

Shares of Bharti Airtel rose over 4 on the Bombay Stock Exchange after the company said that its subscriber base and Africa business grew during the fourth quarter ended March 31, 2017.

The telecom major has reported a 72 per cent year-on-year fall in net profits at Rs 373 crore during the January-March quarter, weighed down by rival Reliance Jio’s aggressive pricing strategy.

SREI Infra Finance hits 52-week high on strong Q4

Shares of SREI Infrastructure Finance jumped nearly 5 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported a 43 per cent growth in its standalone net profit at Rs 20.72 crore for the Q4 period ending March 31, 2017, from Rs 14.46 crore in the year ago period. Boosted by strong Q4, shares of the company gained as much as 4.98 per cent to hit 52-week high of Rs

Bharti Airtel down 1.5% ahead of Q4 result

Shares of Bharti Airtel witnessed selling pressure in early trade on the Bombay Stock Exchange as investors remained cautious ahead of the fourth quarter earnings report slated to be released later in the day.

Ahead of Q4, shares of the company declined as much as 1.65 per cent to hit intra-day low of Rs 345.20 apiece on the Bombay Stock Exchange.

The scrip was currently tra

Vijaya Bank hits 52-week high ahead of Q4

Shares of private sector lender Vijaya Bank rallied over 10 per cent, hitting 52-week high, on the Bombay Stock Exchange ahead of the fourth quarter earnings report slated to be released later in the day. Ahead of Q4, shares of the bank gained as much as 10.18 per cent to hit 52-week high of Rs 97.40 apiece on the Bombay Stock Exchange.

The scrip was currently trading at Rs 93.70 agai

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