IDBI Bank falls nearly 2% on freezing lending and branch expansion plans

Shares of IDBI Bank dipped nearly 2 per cent in early trade on the Bombay Stock Exchange after media report suggested that state-run lender has decided to freeze lending and branch expansion plans.

According to ET report, the bank has taken the decision after reporting strong loss in the December quarter. Weighed down by the development, shares of bank declined as much as 2.57 per cen

Future Retail spurts nearly 5% on deal with Laura Ashley

Shares of Future Retail rose nearly 5 per cent in early trade on the Bombay Stock Exchange after Kishore Biyani-led company entered into licensing deal with UK's home furnishing brand Laura Ashley.

Buoyed by the development, shares of company gained as much as 4.63 per cent to hit intra-day high of Rs 245.00 apiece on the Bombay Stock Exchange.

In a similar fashion, stoc

Venus Remedies jumps over 4% on fund raising plan

Shares of Venus Remedies rose over 4 per cent in early trade on the Bombay Stock Exchange after its board approved further issue of equity capital up to Rs 25 crore to qualified institutional buyers through qualified institutional placement.

Buoyed by the development, shares of company gained as much as 4.36 per cent to hit intra-day high of Rs 107.70 apiece on the Bombay Stock Exchan

Dewan Housing surges over 3% on plans to issue NCDs

Shares of Dewan Housing Finance Corporation jumped over 3 per cent in early trade on the Bombay Stock Exchange as the company proposed to issue secured redeemable non-convertible debentures worth Rs 1500 crore through private placement basis.

Boosted by the development, shares of company gained as much as 3.41 per cent to hit intra-day high of Rs 328.20 apiece on the Bombay Stock Exch

Bharti Airtel hits 52-week high on acquiring Telenor India

Shares of Bharti Airtel rallied nearly 11 per cent, hitting 52-week high, in early trade on the Bombay Stock Exchange after the telecom major said that it will acquire Telenor India Communications, which will boost the company’s customer base and network.

Following the announcement, shares of company gained as much as 10.93 per cent to hit 52-week high in intra-day trade to Rs 4

ITD Cementation plunges 10% on weak Q3

Shares of ITD Cementation India nosedived 10 per cent on the Bombay Stock Exchange after the company reported 57 per cent dip in its consolidated net profit at Rs 13.01 crore for the quarter ended December 31, 2016 against Rs 30.05 crore in the year ago period.

Weighed down by Q3 earnings, shares of company declined as much as 10 per cent to hit an intra-day low of Rs 144.75 apiece on

Bharat Electronics Ltd falls over 3% as govt begins stake sale

Shares of Bharat Electronics Limited (BEL) dipped over 3 per cent on the Bombay Stock Exchange as government set to sell its 5 per cent stake in the company today.

Weighed down by the development, shares of company declined as much as 3.20 per cent to hit an intra-day low of Rs 1510.00 apiece on the Bombay Stock Exchange. In a similar fashion, stocks of company tanked 2.99 per cent to

Reliance Industries Ltd hits record high as Jio announces tariff plans

Shares of Reliance Industries continued gaining streak for the second session on Wednesday and surged nearly 8 per cent, hitting fresh 52-week high, on the Bombay Stock Exchange after its telecom arm, Reliance Jio, announced that its tariff plans will become applicable from April 01, 2017.

Mukesh Ambani on Tuesday promised of the most affordable broadband data at all times with 20 per

Coal India jumps over 2% on dividend plan

Shares of Coal India rose over 2 per cent on the Bombay Stock Exchange after the state-run company said that its board will meet on March 06, 2017, to consider payment of interim dividend, if any, for the year 2016-17.

Following the announcement, shares of company gained as much as 2.4 per cent to hit an intra-day high of Rs 327.50 apiece on the Bombay Stock Exchange. In a similar fas

JSPL hits fresh 52-week high

Shares of Jindal Steel & Power Limited (JSPL) continued gaining streak for the fifth straight session and surged 10 per cent, hitting fresh 52-week high, on the Bombay Stock Exchange after the company unveiled plan to optimize assets and reduce debt in the next few years.

Extending previous session rally, shares of company gained as much as 9.98 per cent and touched 52-week high i

HOV Services hits record high ahead of board meeting

Shares of HOV Services rallied over 14 per cent, hitting 52-week high, on the Bombay Stock Exchange ahead of board meeting, scheduled on February 22, 2017, to consider certain matters related to its investment in its subsidiaries and associates.

Ahead of board meeting, shares of company gained as much as 14.50 per cent and touched 52-week high in intra-day trade to Rs 175.60 apiece on

Ambuja Cements cracks nearly 3% post Q3

Shares of Ambuja Cements dipped nearly 3 per cent on the Bombay Stock Exchange even after the cement maker reported a 85 per cent growth in its consolidated net profit of Rs 205.70 crore for the December quarter compared to Rs 111.04 crore in the year-ago period.

Following Q3 earnings, shares of company declined as much as 2.98 per cent to hit an intra-day low of Rs 232.25 apiece on t

REC hits 52-week high on pact with JBVNL, JUSNL

Shares of Rural Electrification Corporation (REC) jumped nearly 4 per cent, hitting 52-week high, on the Bombay Stock Exchange after the state-run firm signed a Memoranda of Understanding (MoU) with Jharkhand Bijli Vitran Nigam (JBVNL) and Jharkhand Urja Sancharan Nigam (JUSNL) for extending financial assistance of Rs 15,150 crore.

Following the announcement, shares of company gained

Jindal Steel & Power Ltd hits 52-week high on plans to sell off non-core ones

Shares of Jindal Steel & Power Limited (JSPL) rallied 10 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company unveiled plan to optimize assets and reduce debt in the next few years.

Buoyed by the development, shares of company gained as much as 9.95 per cent and touched 52-week high in the intra-day trade to Rs 102.20 apiece on the Bombay Stock Exchange.<

Dilip Buildcon surges over 5% on winning new order

Shares of Dilip Buildcon rallied over 5 per cent on the Bombay Stock Exchange after the realty major said it has received a letter of award issued by National Highways Authority of India for the Project of four laning of Tuljapur-Ausa Section of NH-361 from Km 0.000 to km 55.835 under NHDP Phase IV on Hybrid Annuity Mode in the State of Maharashtra.

Following the announcement, shares

Umang Dairies zooms nearly 19% on block deal

Shares of Umang Dairies rallied nearly 19 per cent on the Bombay Stock Exchange amid heavy block deals in early trade.

According to data available with BSE, as much as 13.75 lakh shares have exchanged hands through multiple block deals in early trade. Driven by block deals, shares of company gained as much as 18.77 per cent to hit an intra-day high of Rs 87.00 apiece on the Bombay Sto

MosChip hits upper circuit as arm strikes deal in US

Shares of MosChip Semiconductor Technology zoomed 5 per cent and locked in upper circuit on the Bombay Stock Exchange after Hyderabad-based semiconductor company said that its US subsidiary has entered in to an agreement with one of its valuable partners in the US to produce and support a custom silicon solution for its digital cinema product.

Following the announcement, shares of com

NMDC gains over 3% on acquisition talks

Shares of NMDC soared over 3 per cent on the Bombay Stock Exchange after media report suggested that state-owned iron ore miner is in discussions with Vietnam-based Masan Resources to acquire a "considerable stake" in its Nui Phao polymetallic mine.

Cheering the news, shares of company gained as much as 3.52 per cent to hit an intra-day high of Rs 141.10 apiece on the Bombay

Idea Cellular surges over 5% on merger buzz

Shares of Idea Cellular jumped over 5 per cent on the Bombay Stock Exchange after PTI reported that Vodafone has brought in Martin Pieters — former managing director (MD) and chief executive officer (CEO) of its Indian arm — to work on the proposed merger with Aditya Birla group company.

Buoyed by the development, shares of company gained as much as 5.61 per cent to hit an

Lloyd Electric plunges over 15% on selling consumer durables biz

Shares of Lloyd Electric & Engineering dipped over 15 per cent on the Bombay Stock Exchange after the company sold consumer durables business to Havells India in a transaction worth Rs 1,550 crore.

Weighed down by the development, shares of company declined as much as 15.15 per cent to hit an intra-day low of Rs 278.15 apiece on the Bombay Stock Exchange. In a similar fashion, sto

Idea Cellular falls nearly 3% on exclusion from Nifty50 index

Shares of Idea Cellular dipped nearly 3 per cent in early trade on the Bombay Stock Exchange after the Mumbai-based telecom major was removed from NSE’s Nifty50 index. Weighed down by the development, shares of company declined as much as 2.96 per cent to hit an intra-day low of Rs 104.50 apiece on the Bombay Stock Exchange.

In a similar fashion, stocks of company slipped 2.83 p

Havells India dips over 2% on buzz over deal with Lloyd

Shares of Havells India fell over 2 per cent in early trade on the Bombay Stock Exchange after media report suggested that the company is in advance talks with Lloyd Electric and Engineering to acquire its consumer durables business.

Reacting to the news, shares of company declined as much as 2.2 per cent to hit an intra-day low of Rs 422.30 apiece on the Bombay Stock Exchange. In a s

Indiabulls Housing Finance jumps 6% on inclusion in Nifty50 index

Shares of Indiabulls Housing Finance surged 6 per cent on the Bombay Stock Exchange after the company was included in NSE’s Nifty50 index. Boosted by the development, shares of company gained as much as 6.00 per cent to hit an intra-day high of Rs 881.70 apiece on the Bombay Stock Exchange.

In a similar fashion, stocks of company rose 3.11 per cent to Rs 857.65 apiece on the Nat

Nestle India falls over 3% on weak Q4

Shares of Nestle India tanked over 3 per cent on the Bombay Stock Exchange after the company reported an 8.66 per cent year-on-year decline in its net profit at Rs 167.3 crore for the fourth quarter ended December 31, from Rs 183.19 crore in the prior year period.

Weighed down by Q4 earnings, shares of company declined as much as 3.50 per cent to hit an intra-day low of Rs 5957.20 api

Gammon India jumps over 4% as Q3 loss narrows

Shares of Gammon India surged over 4 per cent on the Bombay Stock Exchange after the engineering and construction firm’s net loss narrowed to Rs 20.53 crore for the quarter ended December 31, 2016 against net loss of Rs 119.06 crore in the year ago period.

Boosted by Q3 earnings, shares of company gained as much as 4.59 per cent to hit an intra-day high of Rs 12.75 apiece on the