Tata Consultancy Services hits 52-week high on heavy volume

Shares of Tata Consultancy Services (TCS) soared nearly 3 per cent, hitting 52-week high, on the Bombay Stock Exchange amid spurt in volume trade. According to data available with BSE, as much as 0.69 lakh shares have changed hand over the counter as compared to two week average of 0.28 lakh shares. Driven by volume trade, shares of the company gained as much as 2.87 per cent to touch 52-week h

Jet Airways skids over 5% as brent crude surges

Shares of Jet Airways (India) tumbled over 5 per cent on the Bombay Stock Exchange as crude oil prices hit over two-year high on Monday after Saudi Arabia’s anti-corruption crackdown. Weighed down by the development, shares of the company declined as much as 5.09 per cent to touch an intra-day low of Rs 591.00 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of

Oil India hits 52-week high on spurt in oil prices

Shares of Oil India jumped over 3 per cent, hitting 52-week high, on the Bombay Stock Exchange following rise in crude oil prices after Saudi Arabia’s anti-corruption crackdown. Boosted by the development, shares of the company gained as much as 3.43 per cent to touch 52-week high of Rs 383.40 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the firm were tra

Tata Chemical down 1% on selling Haldia plant

Shares of Tata Chemical slipped over 1 per cent on the Bombay Stock Exchange after the company announced the sale of its phosphatic fertilisers business to IRC Agrochemicals in a deal worth Rs 375 crore. Weighed down by the development, shares of the company declined as much as 1.58 per cent to touch an intra-day low of Rs 724.15 apiece on the Bombay Stock Exchange.

In a similar fashi

Fortis Malar Hospitals extends rally on strong Q2

Shares of Fortis Malar Hospitals continued gaining streak on Tuesday and rose over 3 per cent on the Bombay Stock Exchange after the company reported 21.36 per cent growth in standalone net profit at Rs 1.25 crore for the quarter ended September 30, 2017 as compared to Rs 1.03 crore in the same period last year. Net revenue of the company rose marginally by 1.58 per cent at Rs 37.27 crore in Ju

Reliance Communication tumbles 8% on report that Brookefield cancels deal

Shares of Reliance Communications plunged over 8 per cent on the Bombay Stock Exchange after media report reported that Brookefield called off the deal with Anil-Ambani-led company after Aircel merger falls through. Reacting to the news, shares of the company declined as much as 8.28 per cent to touch an intra-day low of Rs 15.50 apiece on the Bombay Stock Exchange.

In a similar fashi

Infibeam Incorporation hits 52-week high on strong volume

Shares of Infibeam Incorporation continued gaining streak on Monday and rallied nearly 17 per cent, hitting 52-week high, on the Bombay Stock Exchange amid heavy volume. According to data available with exchange, as much as 17.45 lakh shares have changed hand over the counter as compared to two-week average of 10.71 lakh shares on BSE. Extending previous session rally, shares of the company gai

Aditya Birla Capital jumps over 8% on rating upgrade

Shares of Aditya Birla Capital rallied over 8 per cent on the Bombay Stock Exchange after India Ratings and Research upgraded the long-term issuer rating of its subsidiaries - Aditya Birla Finance Limited (ABFL) and Aditya Birla Housing Finance Limited (ABHFL) – with a stable outlook. Driven by rating upgrade, shares of the company gained as much as 8.41 per cent to touch an intra-day hig

Mahindra & Mahindra soars over 3% on bonus issue plan

Shares of Mahindra & Mahindra rose over 3 per cent on the Bombay Stock Exchange after the company said that its board will consider bonus issue in meeting to be held on November 10, 2017. Following the announcement, shares of the company gained as much as 3.10 per cent to touch an intra-day high of Rs 1372.50 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the

Titan Company hits 52-week high on robust Q2

Shares of Titan Company rallied nearly 25 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported 71 per cent growth in its consolidated net profit at Rs 305 crore in Q2FY18, compared to Rs 178 crore in same quarter last year. Boosted by strong Q2, shares of the company gained as much as 24.85 per cent to touch 52-week high of Rs 823.30 apiece on the Bombay Stock

Bharti Airtel slips over 2% on profit booking

Shares of Bharti Airtel fell over 2 per cent, retreating from its 52-week high, on the Bombay Stock Exchange as investors resorted to profit booking after strong rally in the previous session. In line with benchmark indices, shares of the company declined as much as 2.46 per cent to touch 52-week low of Rs 528.00 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the

HEG hits 52-week high on robust Q2

Shares of HEG jumped 5 per cent, hitting 52-week high, and locked in upper circuit on the Bombay Stock Exchange after the country’s leading graphite electrode manufacturer reported net profit of Rs 114 crore in September 2017 (Q2FY18), as compared to net loss of Rs 14 crore in a year ago quarter. Boosted by strong Q2, shares of the company gained as much as 5 per cent to touch 52-week hig

R Systems skids over 7% on disappointing Q2

Shares of R Systems International tumbled over 7 per cent on the Bombay Stock Exchange after the company reported standalone net profit of Rs 6.28 crore for the quarter ended September 30, 2017 as compared to Rs 9.29 crore in the same period last year, registering a year-on-year decline of 32.40 per cent. Weighed down by Q2, shares of the company declined as much as 7.20 per cent to hit an intr

Hathway Cable zooms 20% on robust Q2

Shares of Hathway Cable & Datacom rallied 20 per cent and locked in upper circuit on the Bombay Stock Exchange after the cable service provider reported 50 per cent quarter on quarter (QoQ) growth in standalone net profit before exceptional item at Rs 15.3 crore in Q2FY18 against Rs 10.2 crore in June quarter (Q1FY18). Driven by strong Q2, shares of the company gained as much as 20 per cent

Bharti Airtel hits record high on block deal

Shares of Bharti Airtel soared over 4 per cent, hitting 52-week high, on the Bombay Stock Exchange amid huge block deal. According to data available with exchange, as much as 1855.94 shares have changed hand over the counter till now as compared to two-week average of 6.45 lakh. Driven by block deal, shares of the company gained as much as 4.03 per cent to touch 52-week high of Rs 565.00 apiece

HCC falls nearly 6% on weak Q2

Shares of Hindustan Construction Company (HCC) plunged nearly 6 per cent on the Bombay Stock Exchange after the company reported a 49.74 per cent decline in its net profit to Rs 11.6 crore during the second quarter ended September 30, 2017 as compared to Rs 23.08 crore in the year-ago period. Weighed down by Q2, shares of the company declined as much as 5.71 per cent to hit an intra-day low of

NTPC slips over 2% on report of blast at Rae Bareli unit

Shares of NTPC fell over 2 per cent on the Bombay Stock Exchange after the company said that a boiler blast at one of its plant that killed over 20 people. Weighed down by the development, shares of the company declined as much as 2.02 per cent to hit an intra-day low of Rs 176.50 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the firm were trading 0.50 per cent

Solar Industries jumps 6% on winning new order

Shares of Solar Industries soared over 6 per cent on the Bombay Stock Exchange after the company said that it has bagged order worth Rs 1,143.63 crore from Coal India for supply of bulk explosives. Following the announcement, shares of the company gained as much as 5.98 per cent to hit an intra-day high of Rs 1095.20 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of

Hexaware Technologies hits 52-week high post Q3

Shares of Hexaware Technologies jumped over 14 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported a higher-than-expected consolidated net profit of Rs 142 crore in September 2017 quarter (Q3CY17). Driven by Q3, shares of the company gained as much as 14.51 per cent to touch 52-week high of Rs 320.80 apiece on the Bombay Stock Exchange.

In a similar

Dredging Corp hits 52-week high as government plans to sell stake

Shares of Dredging Corporation of India spiked over 17 per cent, hitting 52-week high, on the Bombay Stock Exchange after PTI report that the Cabinet had approved the sale of government’s entire 73.47 per cent stake in the company. Cheering the government stake sale report, shares of the company gained as much as 17.60 per cent to touch 52-week high of Rs 787.90 apiece on the Bombay Stock

USFDA to lift import ban on Divi`s Lab; scrip zooms over 21%

Shares of Divi's Laboratories rallied over 21 per cent on the Bombay Stock Exchange after the drug maker said that the US-FDA will be lifting the Import Alert 66-40 and moving to close out the Warning letter issued to the company's Unit-II at Visakhapatnam. Cheering the news, shares of the company gained as much as 21.37 per cent to touch an intra-day high of Rs 1117.00 apiece on the Bo

SBI slips over 1% on profit booking

Shares of State Bank of India (SBI) fell over 1 per cent on the Bombay Stock Exchange as investors resorted to profit booking after strong rally in the previous session. The country’s largest commercial lender had lower marginal cost-based lending rates (MCLR) across maturities by 5 basis points to 7.95 percent from 8 per cent earlier.

Weighed down by profit booking, shares of t

SBI jumps nearly 5% on cutting MCLR rates

Shares of State Bank of India (SBI) surged nearly 5 per cent on the Bombay Stock Exchange after the country’s largest commercial lender lower marginal cost-based lending rates (MCLR) across maturities by 5 basis points to 7.95 percent from 8 per cent earlier. Cheering the news, shares of the bank gained as much as 4.67 per cent to touch intra-day high of Rs 320.10 apiece on the Bombay Sto

Axis Bank extends rally on Bain Capital`s stake buy buzz

Shares of Axis Bank continued gaining streak on Wednesday and soared nearly 4 per cent on the Bombay Stock Exchange after the media report suggested that the private equity (PE) firm Bain Capital is in talks with the private sector lender to acquire some stake. Extending previous session rally, shares of the bank gained as much as 3.62 per cent to touch intra-day high of Rs 542.00 apiece on the

ICICI Bank jumps over 5% on rating upgrade

Shares of ICICI Bank surged over 5 per cent on the Bombay Stock Exchange as Jefferies upgraded the stock to “buy’’ from “hold’’, following second quarter earnings report. Boosted by rating upgrade, shares of the bank gained as much as 5.60 per cent to intra-day high of Rs 316.75 apiece on the Bombay Stock Exchange. In a similar fashion, shares of the lender w