BHEL soars nearly 4% on bagging export order

hares of Bharat Heavy Electricals Limited (BHEL) jumped over 4 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company said it has received its largest ever export order, valued at Rs 10,000 Crore (USD1.5 billion), for setting up 1,320 MW (2x660 MW) Maitree Super Thermal Power Project in Bangladesh.

Buoyed by the development, shares of the company gained as much

Jubilant Life surges nearly 6% on USFDA nod for hypertension drug

Shares of Jubilant Life Sciences jumped nearly 6 per cent on the Bombay Stock Exchange after biopharma major said it has received Abbreviated New Drug Application (ANDA) final approval for Olmesartan Medoxomil Tablets, 5 mg, 20 mg, and 40 mg, the generic version of Benicar of Daiichi Sankyo, which is used for the treatment of hypertension.

Following the announcement, shares of the com

Rallis India falls 6% on weak Q4

Shares of Rallis India tumbled 6 per cent on the Bombay Stock Exchange after the company reported a 10 per cent dip in its consolidated net profit at Rs 31 crore for the quarter ended March 2017 (Q4FY17), compared to Rs 34.5 crore in year ago quarter.

Weighed down by disappointing Q4, shares of the company declined as much as 6.04 per cent to hit intra-day low of Rs 235.50 apiece on t

Biocon hits record high on bonus issue pla

Shares of Bangalore-based Biocon rallied over 9 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company said that its board would meet on Aril 27, 2017, to consider issue of bonus shares.

Following the announcement, shares of the company gained as much as 9.57 per cent to hit 52-week high of Rs 1168.00 apiece on the Bombay Stock Exchange.

The scrip was

Ultratech Cement extends rally; scrip hits 52-week high

Shares of Ultratech Cement continued gaining streak for the second day on Tuesday and rose nearly 2 per cent, hitting 52-week high, on the Bombay Stock Exchange undermining weak earnings report. A part of the Aditya Birla Group and division of Grasim Industries, the company has reported a 11.24 per cent decline in its consolidated net profit at Rs 726 crore during the January-March quarter of 2

RIL hits fresh 52-week high on robust Q4

Shares of Reliance Industries rallied over 3 per cent, hitting 52-week high, on the Bombay Stock Exchange after Mukesh Ambani-led company reported better-than-expected growth of 12.3 per cent in its consolidated net profit after taxes at Rs 8,046 crore for the January-March quarter of FY17, buoyed by higher refining and petrochemical margins.

Driven by string Q4, shares of the company

Lumax Ind zooms over 13% on winning new order

Shares of Lumax Industries rallied over 13 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company after the company said it has bagged order to supply new age headlamps and rear lamps for the new generation Maruti Suzuki Swift.

Boosted by the development, shares of the company gained as much as 13.48 per cent to hit 52-week high of Rs 1540.00 apiece on the Bomb

Dilip Buildcon hits 52-week on emerging as lower bidder for Goa airport work

Shares of Dilip Buildcon rallied nearly 7 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company said that the Airport Authority of India has declared the company as Lowest -1 (L-1) bidder for Construction of Parallel Taxi Track and associated civil & electrical works at Dabolim Airport, Goa.

Following the announcement, shares of the company gained as much

ACC jumps over 6% as Q1 beats estimates

Shares of ACC rallied over 6 per cent on the Bombay Stock Exchange after the company reported a fall of 8.9 per cent in its consolidated net profit after taxes (PAT) at Rs 211.06 crore for the first quarter ended March 31, 2017, albeit, beating analysts estimates of Rs 162 crore, helped by higher sales volume. Following Q1, shares of the cement maker gained as much as 6.32 per cent to hit intra

Divi's Lab hits 52-week low as USFDA issues warning letter

Shares of Divi's Laboratories dipped nearly 4 per cent, hitting 52-week low, in early trade on the Bombay Stock Exchange after the company said that the US-FDA has issued a warning letter for the company's Unit-II at Visakhapatnam.

Reacting to the news, shares of the company declined as much as 3.82 per cent to hit 52-week low of Rs 607.00 apiece on the Bombay Stock Exchange.

RIL spurts 1.5% ahead of Q4

Shares of Reliance Industries rose over 1 per cent in early trade on the Bombay Stock Exchange ahead of the fourth quarter earnings report to be announced later in the day. According to Economic Times, the country’s largest private sector enterprise is likely to report over 5 per cent year-on-year growth in net profit for the quarter ended March 31, 2017.

Ahead of Q4, shares of

RIL gains over 3% as TDSAT defers hearing on Reliance Jio free-offer

Shares of Reliance Industries rose over 3 per cent on the Bombay Stock Exchange after media reported that Telecom tribunal TDSAT today deferred hearing on Reliance Jio free-offer case to May 3. Cheering the news, shares of the company gained as much as 3.03 per cent to hit intra-day high of Rs 1411.00 apiece on the Bombay Stock Exchange.

The scrip was currently trading at Rs 1410.00 a

Max Financial Services dips over 5% on block deals

Shares of Max Financial Services tumbled over 5 per cent on the Bombay Stock Exchange amid spurt in volume trade.

According to data available with exchange, as much as 1.3 crore shares traded in 2 block deals at Rs 622-625 per share. Weighed down by block deals, shares of the company declined as much as 5.49 per cent to hit intra-day low of Rs 615.00 apiece on the Bombay Stock Exchang

Indiabulls Ventures jumps 5% ahead of board meeting

Shares of Indiabulls Ventures soared nearly 5 per cent on the Bombay Stock Exchange ahead of the board meeting later today to consider preferential issue of equity shares of the company, to certain foreign investors.

Ahead of board meeting, shares of the company gained as much as 4.98 per cent to hit intra-day high of Rs 108.55 apiece on the Bombay Stock Exchange.

The scrip

Radico Khaitan zooms over 9% as Madhuri Madhusudan buys stake

Shares of Radico Khaitan rallied over 9 per cent on the Bombay Stock Exchange amid spurt in volume trade. As per data available with exchange, Madhuri Madhusudan Kela has bought 704,741 equity shares or 0.53 per cent stake in the company at price of Rs 117 per share on the NSE.

Driven by volume trade, shares of the company gained as much as 9.39 per cent to hit intra-day high of Rs 13

Mastek hits 52-week high on robust Q4

Shares of Mastek zoomed nearly 15 per cent, hitting 52-week high, on the Bombay Stock Exchange after Mumbai-based software firm reported a significant jump of over two-fold in its consolidated net profit after taxes (PAT) at Rs 14.45 crore for the fourth quarter ended March 31, 2017. Driven by strong Q4, shares of the company gained as much as 14.67 per cent to hit 52-week high of Rs 273.45 api

MindTree rises over 4% as operating profit beats estimates

Shares of MindTree soared over 4 per cent on the Bombay Stock Exchange after IT major’s operating profit grew at a faster-than-expected rate of 7.4 per cent on quarter-on-quarter basis at Rs 187 crore.

However, its consolidated net profit dipped 26.8 per cent to Rs 97.20 crore during the quarter ended March 31, 2017, compared to Rs 132.70 crore in the same quarter last year.

Indian Hotels Company dips over 3% as SC allows NMDC to e-auction Taj Mansingh Hotel

Shares of Indian Hotels Company fell over 3 per cent on the Bombay Stock Exchange after media report suggested that the Supreme Court today allowed the New Delhi Municipal Corporation (NDMC) to e-auction Taj Mansingh Hotel, which is run by Tata Group firm.

Weighed down by the development, shares of the Tata Group company declined as much as 3.43 per cent to hit intra-day low of Rs 123

Shalimar Paints hits record high as Porinju firm buys stake

Shares of Shalimar Paints zoomed nearly 10 per cent, hitting 52-week high, on the Bombay Stock Exchange after data available with exchange showed that Porinju Veliyath-led Equity Intelligence India purchased 1,00,000 shares of company at Rs 197.84 a share on NSE on April 19.

Boosted by the deal, shares of the company gained as much as 9.88 per cent to hit 52-week high of Rs 232.40 api

Nucleus Software rises over 7% on share buyback plan

Shares of Nucleus Software rallied over 7 per cent on the Bombay Stock Exchange after IT solutions company said that its board will meet on April 25 to consider share buyback proposal.

“The board of directors of the company will be held on Tuesday, April 25, 2017, to consider the proposal of buy-back of fully paid up equity shares of the company, up to such amount of the aggrega

Godfrey Phillips jumps over 4% on F&O inclusion

Shares of Godfrey Phillips India surged over 4 per cent on the Bombay Stock Exchange after the National Stock Exchange (NSE) announced inclusion of 16 stocks, including the Modi Group company, in the futures and options (F&O) segment with effect from April 28, 2017.

Boosted by the development, shares of the company gained as much as 4.17per cent to hit intra-day high of Rs 1129.00

Kitex Garments zooms over 9% on bonus issue plan

Shares of Kitex Garments soared over 9 per cent on the Bombay Stock Exchange after company said that its board will meet on April 28 to consider bonus issue proposal.

“The board of directors of the company is scheduled be held on April 28, 2017 to consider and approve audited financial results, recommendation of final dividend for the financial year 2016-17 and to consider a pro

Sun TV Network hits 52-week high on brokerage upgrade

Shares of Sun TV Network surged over 6 per cent, hitting 52-week high, on the Bombay Stock Exchange after media report suggested that rating agencies, CLSA and Credit Suisse, have upgraded the stock, citing that digitalisation in Tamil Nadu is credit positive for the company.

Driven by brokerage upgrade, shares of the company gained as much as 6.18 per cent to hit 52-week high of Rs 8

YES Bank falls over 6% on asset quality concerns

Shares of YES Bank tumbled over 6 per cent on the Bombay Stock Exchange amid concerns over weakening asset quality as its gross non-performing assets rose to 1.52 per cent of total loans, as compared to 0.76 per cent in the year-ago quarter. Net NPA too grew to 0.81 per cent from 0.29 per cent during the same period previous fiscal.

The bank has reported higher-than-expected growth of

Bharat Electronics hits 52-week high on heavy volume

Shares of Bharat Electronics, a state-run aerospace and defence company, rallied over 6 per cent, hitting 52-week high, on the Bombay Stock Exchange amid spurt in volume trade.

According to data available with exchange, as much as 0.78 crore shares exchanged hands on BSE and NSE so far. Driven by surge in volume trade, shares of company gained as much as 6.14 per cent to hit 52-week h