Snowman Logistics surges over 6% ahead of GST council meeting

Shares of Snowman Logistics soared over 6 per cent on the Bombay Stock Exchange on hope that the government will clear hurdle for goods and services tax (GST) implementation in the GST Council meet today.

Ahead of the meeting, shares of company gained as much as 6.56 per cent to hit intra-day high of Rs 55.20 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of c

IOC extends rally on fuel price hike; scrip hits 52-week high

Shares of state-run Indian Oil Corporation (IOC) rose over 6 per cent, hitting 52-week high, on the Bombay Stock Exchange following hike in petrol and diesel prices with effective from Sunday midnight.

State-run companies have raised petrol prices by Rs 1.29 a litre, and of diesel by 97 paise with effective from Sunday midnight. Boosted by the development, shares of company gained as

Bank stocks trade lower as Prime Minister nudges to cut rates; SBI down 2%

Shares of financial companies were under pressure on Monday after Prime Minister Narendra Modi appealed to banks to priorities their lending towards the poor and middle class in his address to nation on New Year's Eve.

Following the announcement, state-run lender State Bank of India lowered marginal cost of funds based lending rate (MCLR) by 0.9 per cent from 8.90 per cent to 8 pe

Bajaj Auto skids nearly 3% post December sales number

Shares of Bajaj Auto dipped nearly 3 per cent on the Bombay Stock Exchange after the auto major reported a decline of 22 per cent in its total sales in December at 225,529 units as compared to 289,003 units in the year ago month.

Weighed down by weak sales number, shares of company declined as much as 2.95 per cent to hit intra-day low of Rs 2556.00 apiece on Bombay Stock Exchange.

IL&FS Engineering surges over 7% on winning new order

Shares of IL&FS Engineering and Construction Company jumped over 7 per cent on the Bombay Stock Exchange after the company bagged Rs 242.56 crore road contract in Karnataka. Following the announcement, shares of company gained as much as 7.52 per cent to hit intra-day high of Rs 45.75 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of company rose 5.80 per cent to Rs

OMCs shares gain on fuel price hike

Shares of oil marketing companies, such as Oil India, BPCL and HPCL, rose on Monday on the Bombay Stock Exchange following hike in petrol and diesel prices with effective from Sunday midnight.

State-run companies have raised petrol prices by Rs 1.29 a litre, and of diesel by 97 paise with effective from Sunday midnight. Tracking the news, BSE Oil&Gas index rose to 12233.88, up by

Eicher Motors surges nearly 5% on robust December sales

Shares of Eicher Motors jumped nearly 5 per cent on the Bombay Stock Exchange after the company reported a 42 per cent growth in December motorcycle sales at 57,398 units as compared to 40,453 units sold during the year ago period.

Boosted by strong sales, shares of company gained as much as 4.76 per cent to hit intra-day high of Rs 22851.00 apiece on Bombay Stock Exchange.

Engineers India slips over 8% on ex-bonus

Shares of Engineers India dipped over 8 per cent on the Bombay Stock Exchange on profit booking as the stock trading ex-bonus on Friday in the ratio of 1:1.

The state-owned company has fixed January 02, 2017 as the record date for the purpose of ascertaining the eligibility of shareholders for issuance of bonus shares in the ratio of 1:1 i.e. 1 (one) new equity bonus share of Rs 5 eac

GE Power zooms on winning contract worth Rs 271 cr from BHEL

Shares of GE Power surged over 6 per cent on the Bombay Stock Exchange after the company received contract worth of Rs 271 crore from Bharat Heavy Electricals (BHEL) for supply of components and services for 2 thermal power projects in Tamil Nadu.

“The company has been awarded a contract worth approximately Rs 271.1 crore (i.e. approximately US $ 40 million) by Bharat Heavy Elec

Rajesh Exports shines on securing export order worth Rs 929 crore

Shares of Rajesh Exports gained over 2 per cent on the Bombay Stock Exchange after the company bagged an export order worth Rs 929 crore of designer range of gold and diamond studded jewellery and medallions from UAE. The order is said to be completed by March 2017, the company said in a filing to the Bombay Stock Exchange.

With this order, the order book at the consolidated level sta

JMC Projects surges on bagging orders worth Rs 1,457 crore

Shares of JMC Projects rallied over 8 per cent on the Bombay Stock Exchange after the company said it has secured new orders worth over Rs 1,457 crore. The company has bagged Rs 454 crore shipyard modernisation project in Goa, Rs 446 crore flyover project in Maharashtra, Rs 282 crore commercial project in Hyderabad, Rs 224 crore residential project in Bangalore, JMC Projects (India), a subsidia

Bharat Financial Inclusion extends gain, zooms over 10%

Shares of Bharat Financial Inclusion continued their gaining streak for the second day and rallied over 10 per cent on the Bombay Stock Exchange after it said that Morgan Stanley Asia (Singapore) & Morgan Stanley Mauritius raised stake in the company by 1.10 percentage points through open market.

Extending previous session rally, shares of company gained as much as 10.46 per cent

Sunil Hitech Engineers jumps 5% on winning new order

Shares of Sunil Hitech Engineers rallied 5 per cent on the Bombay Stock Exchange after the company said that it has won road EPC project worth Rs 434 crores in Arunachal Pradesh. Driven by new order, shares of company gained as much as 4.99 per cent to hit intra-day high of Rs 12.40 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of company advanced 4.66 per cent to Rs 1

Engineers India hits 52-week high ahead of bonus issue

Shares of Engineers India surged three per cent, hitting 52-week high, on the Bombay Stock Exchange ahead of the stock turning ex-bonus in the ratio of 1:1 on December 30, 2016. The company has fixed January 02, 2017 as the record date for the purpose of ascertaining the eligibility of shareholders for issuance of Bonus shares in the ratio of 1:1 i.e. 1 new equity bonus share of Rs 5 each for e

Asian Oilfield rises nearly 3% on bagging new order

Shares of Asian Oilfield soared nearly 3 per cent on the Bombay Stock Exchange after reservoir imaging company said that its wholly owned subsidiary, Asian Oilfield & Energy Services DMCC, Dubai, has secured contract worth USD 57 million for providing O&M services for an offshore production unit operating at an oil field in offshore Nigeria.

The duration for services is 3 year

Somany Ceramics jumps nearly 4% on redemption of cps

Shares of Somany Ceramics rose nearly 4 per cent on the Bombay Stock Exchange after the wall tiles manufacturer said that the commercial paper of Rs 15 crores issued on October 28, 2016 with maturity date of December 27, 2016 has been redeemed.

Following the announcement, shares of company gained as much as 3.63 per cent to hit intra-day high of Rs 495.00 apiece on Bombay Stock Exchan

DLF extends loss for Day 4, falls 4%

Shares of real estate major DLF continued their losing streak for the fourth straight session on Tuesday and tumbled over 4 per cent on the Bombay Stock Exchange on weak sectoral outlook. The experts opined that government’s demonetization policy is likley to dampen demand and negatively impact prices in the sector.

Extending previous session losses, shares of company declined a

Shilpa Medicare raises Rs 172.42 cr

Drug firm Shilpa Medicare has raised around Rs 172.42 crore by allotting 30,25,000 shares to Mauritius-based TA FII Investors Ltd. The company's board of directors alloted 30,25,000, equity share of Re 1 each at a premium of Rs 569 per share in the name of TA FII Investors Ltd, Shilpa Medicare said in a filing to BSE. This is pursuant to the resolution passed by the company's shareholde

Future Enterprises sells shares in FLFL

Future Enterprises Ltd has said that on December 26, 2016, the Company has sold on floor of Stock Exchange 3,05,70,108 Equity shares which is 16.09 per cent of Equity share capital of Future Lifestyle Fashions Limited (FLFL).

This shares has been bought on floor of exchange by Future Corporate Resources Limited, a Promoter group Company, by way of inter-se transfer under Block Deal me

State Trading Corporation extends rally on heavy volume

Shares of State Trading Corporation continued their gaining streak for the second straight session and locked in upper circuit on Monday, surging nearly 20 per cent on the Bombay Stock Exchange amid surge in the volume trade. According to data available with exchange, the scrip of company spiked 44 per cent in last two trading sessions on the back of heavy volumes.

Extending previous

Petronet LNG tanks nearly 4% on concerns over rising LNG prices

Shares of Petronet LNG tumbled nearly 4 per cent on the Bombay Stock Exchange amid concerns over rising spot prices of liquefied natural gas (LNG) which could weigh on LNG demand in India. Weighed down the development, shares of company declined as much as 3.86 per cent to hit intra-day low of Rs 344.00 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of company fell 3.71

ONGC falls over 2% on deal to buy stake of GSPC

Shares of Oil & Natural Gas Corporation (ONGC) slipped over 2 per cent on the Bombay Stock Exchange after the company announced to buy 80 per cent stake of GSPC with operatorship rights in Block KG-OSN-2001/3. Weighed down the development, shares of company declined as much as 2.07 per cent to hit intra-day low of Rs 189.00 apiece on Bombay Stock Exchange. In a similar fashion, stocks of co

Reliance Defence surges nearly 7% on block deal

Shares of Reliance Defence and Engineering rallied nearly 7 per cent on the Bombay Stock Exchange amid surge in volume trade following the block deal. As per data available with exchange, nearly 2 per cent of company's equity shares changed hands through block deal, though names of buyers and sellers were not available.

Driven by block deal, shares of company gained as much as 6.8

Centrum Capital extends rally on promoters stake hike

Shares of Centrum Capital continued its rally for the second day and surged nearly 11 per cent on Friday on the Bombay Stock Exchange after exchange data showed that promoters of the company increased stake in the company through open market transactions. As per data available with exchange, the promoters of company, include Jaspal Bindra and Chandir Gidwani, purchased a 5 per cent stake in the

Welspun Enterprises tanks nearly 5% on share buyback plan

Shares of Welspun Enterprises tumbled nearly 5 per cent on the Bombay Stock Exchange after its board approves buyback of equity shares. “With a view of utilising the company’s substantial cash reserves and in order to enhance shareholder value, the board has approved buy back of 25% of the company’s share capital. The buyback would be subject to shareholders’ approval,&r