Balaji Telefilms zooms 14% on scheme of arrangement

Shares of Balaji Telefilms, an Indian company owned by actor Jeetendra, rallied over 14 per cent on the Bombay Stock Exchange after the board of company approved a composite scheme of arrangement between the company and its wholly owned subsidiaries Balaji Motion Pictures and Bolt Media.

Following the announcement, shares of company gained as much as 14.25 per cent to trade at Rs 103.

Jyoti Structures jumps over 6% on buzz to sell stake

Shares of Jyoti Structures, a manufacturer of power transmission lines and towers, surged over 6 per cent on the Bombay Stock Exchange amid media buzz that infrastructure firm KEC International is in talk to buy a controlling stake in the company.

Riding high on media buzz, shares of company gained as much as 6.34 per cent to trade at Rs 12.90 apiece on Bombay Stock Exchange. In a sim

Mukta Arts zooms 20% on plan to transfer cinema division

Shares of Mukta Arts, an Indian film production company, rallied 20 per cent and locked in upper circuit on the Bombay Stock Exchange as company plans to transfer its entire business of cinema division to its newly formed wholly owned subsidiary, Mukta A2 Cinemas.

“The board of directors of the company will meet on September 29, 2016 to consider and approve the transfer of entir

IRB Infrastructure jumps nearly 4% on securing order from NHAI

Shares of IRB Infrastructure Developers soared nearly 4 per cent on the Bombay Stock Exchange after the company received letter of award from NHAI for the project of Six Laning from Udaipur to Rajasthan/ Gujarat Border. Following the announcement, shares of company gained as much as 3.66 per cent to trade at Rs 266.00 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of co

MRO-TEK hits 52-week high as Jitendra Virwani hikes stake

Shares of MRO-TEK rallied nearly 10 per cent and locked on upper circuit on the Bombay Stock Exchange amid surge in volume trade as traders widened bet on company after ace investor Jitendra Virwani increased its stake in the company.

Extending previous session rally, shares of company gained as much as 9.97 per cent and touched 52-week high in intra-day to trade at Rs 83.25 apiece on

Dilip Buildcon jumps over 5% on winning new orders

Shares of Dilip Buildcon rose over 5 per cent on the Bombay Stock Exchange after the company received letter of awards from NHAI for the project Chichra to Kharagpur in West Bengal and from Ministry of Road Transport & Highways for Eeppurpalem-Ongole in Andhra Pradesh under EPC mode.

Buoyed by the development, shares of company gained as much as 5.39 per cent in intra-day to trade

Marksans Pharma zooms over 12% on USFDA nod for Loratadine

Shares of Marksans Pharma rallied over 12 per cent on the Bombay Stock Exchange after the drug maker received USFDA approval for Loratadine Liquid Filled Capsules 10 mg (ANDA 206214). Buoyed by the development, shares of company gained as much as 12.53 per cent in intra-day to trade at Rs 53.85 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of company advanced 9.75 per

Capri Global continues gaining streak, shares hit 52-week high

Shares of Capri Global Capital zoomed 19 per cent, hitting 52-week high, on the Bombay Stock Exchange after the board of company approved sub-division of equity shares.

“The board of directors of the company at its meeting on October 08, 2016, will consider and approve sub-division of equity shares of the company of face value of Rs 10 each,” Capri Global Capital said in a

Vardhman Textiles rises nearly7% on board nod for stock split

Shares of Vardhman Textiles soared nearly 7 per cent on the Bombay Stock Exchange after the board of company approved sub-division of equity shares.

“The board of directors of the company at its meeting held on September 24, 2016, has approved the proposal to buy-back the fully paid up equity shares of face value of Rs 10 each of the company from the shareholders of the company

KNR Constructions jumps over 5% on stock split plan

Shares of KNR Constructions surged over 5 per cent, hitting 52-week high, on the Bombay Stock Exchange after the infrastructure development company said that its board will consider sub-division of equity shares.

“The board of directors of the company is likely to consider and approve the sub-division of the nominal value of the equity shares of Rs 10 per share to Rs 2 per share

Lincoln Pharma surges nearly 5% on launch of oral spray

Shares of Lincoln Pharmaceuticals soared nearly 5 per cent on the Bombay Stock Exchange after the drug maker launched new NDDS formulation Ondansetron Oral Spray (Domi Up) "First Time In India". Boosted by the development, shares of company gained as much as 4.71 per cent in intra-day to trade at Rs 247.85 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of comp

Den Networks zooms nearly 9% as Goldman Sachs buys stake

Shares of Den Networks, India's largest multi-system operators (MSOs), surged nearly 9 per cent on the Bombay Stock Exchange after its board approved allotment of 1.58 crore preferential shares to two affiliates of Goldman Sachs at Rs 90 apiece. Boosted by the development, shares of company rose as much as 8.62 per cent in intra-day to trade at Rs 85.00 apiece on Bombay Stock Exchange.

Morepen Lab rallies 10% on report to sell OTC biz

Shares of Morepen Laboratories zoomed nearly 10 per cent on the Bombay Stock Exchange after Economic Times reported that New Delhi-based company is in talks to sell OTC business to Piramals. Riding high on buzz, shares of company rose as much as 9.87 per cent in intra-day to trade at Rs 27.25 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of company advanced 4.84 per ce

Majesco jumps nearly 4% on deal with Glemham

Shares of Majesco climbed nearly 4 per cent on the Bombay Stock Exchange after the company entered into pact with Glemham Underwriting to create a dynamic new cloud based bureau for the UK general insurance market. Following the announcement, shares of company rose as much as 3.81 per cent in intra-day to trade at Rs 488.00 apiece on Bombay Stock Exchange.

In a similar fashion, stocks

RIL shares hit 52-week high on bourses

Shares of Reliance Industries rose over 2 per cent, hitting 52-week high, on the Bombay Stock Exchange as investors continued to bet on the Mukesh Ambani firm as its core business continued to outperform in last few quarters. Further, the overwhelming response for its much-awaited telecom services Reliance Jio also renewed optimism for the stock. In line with benchmark indices, shares of compan

Syngene Inter surges 9% on deal with Strand Life Sciences

Shares of Syngene International jumped nearly 9 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company said it has closed deal with Strand Life Sciences to purchase Systems Biology and Pharma Services Practice. Following the announcement, shares of company rose as much as 8.96 per cent and touched 52-week high in intra-day to trade at Rs 524.45 apiece on Bombay Stock Exc

Godrej Properties rises over 2% on acquiring 12-acre land parcel in Bengaluru

Shares of Godrej Properties climbed over 2 per cent on the Bombay Stock Exchange after it acquired a 12-acre land parcel off Sarjapur Road in South Bengaluru. The company plans to develop around 1-million sq ft residential project on this plot, it said in a filing to BSE. Buoyed by the development, shares of company rose as much as 2.57 per cent in intra-day to trade at Rs 345.95 apiece on Bomb

Financial Technologies falls 6% as CBI arrests Jignesh Shah

Shares of Financial Technologies (India) plunged over 6 per cent on the Bombay Stock Exchange after the Central Bureau of Investigation (CBI) arrested its founder Jignesh Shah in a matter related to MCX Stock Exchange. Weighed down by the development, shares of company declined as much as 6.17 per cent in intra-day to trade at Rs 78.20 apiece on Bombay Stock Exchange.

In a similar fas

Monsanto shares surge 6% on open offer by Bayer

Shares of Monsanto India jumped 6 per cent on the Bombay Stock Exchange after German pharma major Bayer announced an open offer to buy up to 4.49 million shares of face value of Rs 10 representing 26 per cent of the paid-up capital of the company at Rs 2,481.60 per share. Buoyed by the development, shares of company rose as much as 5.99 per cent in intra-day to trade at Rs 2540.00 apiece on Bom

Welspun Corp jumps 4% on winning quality awards

Shares of Welspun Corp, the second largest manufacturer of large diameter pipes, rose 4 per cent on the Bombay Stock Exchange after the company's manufacturing unit at Anjar, Gujarat received four awards in the 27th Annual Convention on Quality Concepts organized by the Quality Circle Forum of India, Secunderabad. Buoyed by the development, shares of company rose as much as 3.97 per cent in

Essel Propack zooms 10% on acquisition of EDG

Shares of Essel Propack, a global tube-packaging company, rallied over 10 per cent, hitting 52-week high, on the Bombay Stock Exchange after it successfully completed the buyout of Essel Deutschland Germany (EDG). Following this transaction, EDG will be a 100 per cent subsidiary of Essel Propack. Until now, Essel has been a JV partner with 24.9 per cent share in EDG. The enterprise value of EDG

Inox Leisure up 3% as RBI permits FIIs to buy stake

Shares of Inox Leisure rose over 3 per cent in early trade on the Bombay Stock Exchange after RBI allowed foreign institutional investors to purchase up to 49 per cent stake in Inox Leisure, the diversification venture of the INOX group into entertainment, under the portfolio investment scheme. Following the announcement, shares of company rose as much as 3.20 per cent in intra-day to trade at

Vardhman Textiles hits 52-week high on share buy-back plan

Shares of Vardhman Textiles rallied over 16 per cent, hitting 52-week high, in early trade on the Bombay Stock Exchange after the company said that its board would consider proposal to buy-back the fully paid-up equity shares. “The board of directors of the company will be held on September 24, 2016, inter alia, to consider proposal to buy-back the fully paid-up equity shares of the compa

Mangalam Cement soars nearly 6% on commencement of Aligarh unit

Shares of Mangalam Cement jumped nearly 6 per cent on the Bombay Stock Exchange after cement manufacturer said that it has commenced commercial production of the new cement grinding unit at Aligarh. Boosted by the development, shares of company rose as much as 5.82 per cent in intra-day to trade at 354.00 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of company advance

Castrol India soars nearly 9% amid block deal

Shares of Castrol India surged nearly 9 per cent on the Bombay Stock Exchange amid surge in volume trade. According to Business Standard report, as much as 1 per cent stake changed hands in the counter post multiple block deals on the NSE and Bombay Stock Exchange. Driven by block deal, shares of company rose as much as 8.65 per cent in intra-day to trade at 459.00 apiece on Bombay Stock Exchan