Dr. Reddy`s Lab hits 52-week low on patent infringement

Shares of Dr Reddys Laboratories tanked nearly 4 per cent on the Bombay Stock Exchange after the company said that United States District Court of New Jersey issued its opinion regarding Helsinn Healthcare patent infringement claims against the company’s proposed Palonosetron product.

Weighed down by the development, shares of drug maker declined as much as 3.66 per cent and tou

V-Mart Retail extends rally; scrip hits 52-week high

Shares of V-Mart Retail continued their gaining streak on Thursday and rallied over 10 per cent on the Bombay Stock Exchange after one of its promoter, Hemant Agarwal, sold 1.5 million equity shares of the company at Rs 615 per share through open market transaction.

Extending previous session rally, shares of company gained as much as 10.61 per cent and touched fresh 52-week high in i

TCS rises over 2% on share buyback plan

Shares of Tata Consultancy Services (TCS) climbed over 2 per cent on the Bombay Stock Exchange after IT bellwether said its board will meet on February 20, 2017 to consider a proposal for buyback of equity shares of the company.

Following the announcement, shares of country’s largest software exporter gained as much as 2.52 per cent to hit an intra-day high of Rs 2477.50 apiece

SBI spurts 3% on Cabinet nod for merger of associate banks

Shares of State Bank of India jumped over 3 per cent on the Bombay Stock Exchange after the Cabinet approves merger of five associate banks with the country’s largest lender.

“The Cabinet has approved the proposal for merger of State Bank of Bikaner & Jaipur (SBBJ), State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Patiala (SBP) and State Bank o

DLF gains nearly 3% on buzz over promoter stake sale

Shares DLF soared nearly 3 per cent on the Bombay Stock Exchange after media report suggested that its promoters are in the final stage of discussion with investors to sell their 40 per cent stake in the company's rental arm DCCDL in a deal worth Rs 12,000-14,000 crore.

The real estate major has reported a steep fall of 46.1 per cent in its consolidated net profit after tax at Rs

Sun Pharma dips nearly 4% post Q3

Shares of Sun Pharmaceuticals Industries tanked nearly 4 per cent on the Bombay Stock Exchange after the company reported 4.72 per cent decline in its consolidated net profit to Rs 1,471.82 crore for the third quarter ended December 31, 2016, from Rs 1,544.85 crore in the year ago quarter.

Weighed down by Q3 earnings, shares of company declined as much as 3.77 per cent to hit an intra

Adani Enterprises jumps over 6% on robust Q3

Shares of Adani Enterprises soared over 6 per cent on the Bombay Stock Exchange after the company reported a 61.72 per cent growth in its consolidated net profit at Rs 339.96 crore for the quarter ended December 31, 2016, compared to Rs 210.22 crore profit in the year ago period.

Buoyed by strong Q3, shares of company gained as much as 6.38 per cent to hit an intra-day high of Rs 96.6

Parag Milk plunges over 18% on weak Q3

Shares of Parag Milk Foods tumbled over 18 per cent on the Bombay Stock Exchange after the company reported a consolidated net loss of Rs 38 crore for the quarter ended December 2016 (Q3FY17), compared to net profit of Rs 14.50 crore in the year ago quarter.

Weighed down by Q3 earnings, shares of company declined as much as 18.12 per cent to hit an intra-day low of Rs 216.80 apiece on

Can Fin Homes jumps over 6% on promoter stake sale

Shares of Can Fin Homes rallied over 6 per cent on the Bombay Stock Exchange after its promoter Canara Bank said that it will divest up to 13.45 per cent stake in the company by the end of next month.

Following the announcement, shares of company gained as much as 6.12per cent to hit an intra-day high of Rs 2026.40 apiece on the Bombay Stock Exchange. In a similar fashion, stocks of c

Tata Motors skids over 9% on disappointing Q3

Shares of Tata Motors tumbled over 9 per cent on the Bombay Stock Exchange after the auto major reported sharp decline of 96 per cent in its consolidated net profit at Rs 112 crore during the third quarter (Q3) of FY17.

Weighed down by Q3 earnings, shares of company declined as much as 9.35 per cent to hit an intra-day low of Rs 441.25 apiece on the Bombay Stock Exchange. In a similar

Aditya Birla Nuvo Q3 cons net dips 35% at Rs 206 cr

Kumar Mangalam Birla owned Aditya Birla Nuvo on Tuesday reported a 35.15 per cent year-on-year decline in its consolidated net profit at Rs 206.23 crore for the quarter ended December 31, 2016, due to the reduction of ABNL’s share in Idea’s net profit by Rs 242 crore.

The India’s leading business conglomerate had posted the consolidated net profit of Rs 318.02 crore

BEML gains nearly 3% as Q3 net profit zooms 2-fold

Shares of BEML surged nearly 3 per cent on the Bombay Stock Exchange after the defence equipment manufacturer reported over two-fold growth in net profit at Rs 21.74 crore for the October-December quarter of 2016 compared to Rs 9.73 crore at the end of third quarter of last fiscal.

Boosted by strong Q3, shares of company gained as much as 2.68 per cent to hit an intra-day high of Rs 1

HPCL falls over 4% post Q3

Shares of Hindustan Petroleum Corporation Limited (HPCL) tumbled over 4 per cent on the Bombay Stock Exchange even after the state-run company reported a 52.73 per cent growth in its net profit at Rs 1,590.31 crore for the quarter ended December 31, 2016, from Rs 1,041.25 crore in the year ago period.

Following the Q3 earnings, shares of company declined as much as 4.44 per cent to hi

AIA Engineering hits fresh 52-week high post Q3

Shares of AIA Engineering rose over 4 per cent, hitting fresh 52-week high, on the Bombay Stock Exchange the company reported a 7.6 per cent growth in its consolidated net profit at Rs 120 crore for the quarter ended December 2016, from Rs 102 crore in the year ago period.

Driven by strong Q3, shares of company gained as much as 4.04 per cent and touched 52-week high in intra-day trad

MMTC jumps over 7% as Q3 profit surges

Shares of MMTC surged over 7 per cent on the Bombay Stock Exchange after the company’s net profit jumped over three-fold to Rs 74 crore compared to Rs 19.89 crore in the prior year period driven by higher income.

Boosted by strong Q3, shares of company gained as much as 7.30 per cent to hit an intra-day high of Rs 67.60 apiece on the Bombay Stock Exchange. In a similar fashion,

BEML gains nearly 3% as Q3 net profit zooms 2-fold

Shares of BEML surged nearly 3 per cent on the Bombay Stock Exchange after the defence equipment manufacturer reported over two-fold growth in net profit at Rs 21.74 crore for the October-December quarter of 2016 compared to Rs 9.73 crore at the end of third quarter of last fiscal.

Boosted by strong Q3, shares of company gained as much as 2.68 per cent to hit an intra-day high of Rs 1

Hindustan Petroleum Corporation Limited falls over 4% post Q3

Shares of Hindustan Petroleum Corporation Limited (HPCL) tumbled over 4 per cent on the Bombay Stock Exchange even after the state-run company reported a 52.73 per cent growth in its net profit at Rs 1,590.31 crore for the quarter ended December 31, 2016, from Rs 1,041.25 crore in the year ago period.

Following the Q3 earnings, shares of company declined as much as 4.44 per cent to hi

AIA Engineering hits fresh 52-week high post Q3

Shares of AIA Engineering rose over 4 per cent, hitting fresh 52-week high, on the Bombay Stock Exchange the company reported a 7.6 per cent growth in its consolidated net profit at Rs 120 crore for the quarter ended December 2016, from Rs 102 crore in the year ago period.

Driven by strong Q3, shares of company gained as much as 4.04 per cent and touched 52-week high in intra-day trad

GVK Power hits 52-week high on winning Navi Mumbai airport deal

Shares of GVK Power & Infrastructure zoomed over 16 per cent, hitting 52-week high, on the Bombay Stock Exchange after media reported that the GVK group, has won a contract worth Rs 16,000 crores to build Navi Mumbai International Airport (NMIA), beating rival GMR group.

Buoyed by the development, shares of company gained as much as 16.66 per cent and touched 52-week high in intra

Suzlon Energy hits record high on robust Q3

Shares of Suzlon Energy zoomed over 11 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported a consolidated net profit of Rs 274.34 crore for the third quarter ended December 2016, compared to net loss of Rs 121.84 crore in the year ago period.

Buoyed by strong Q3, shares of company gained as much as 11.04 per cent and touched 52-week high in intra-da

Balrampur Chini Mills hits 52-week high as Q3 profit surges

Shares of Balrampur Chini Mills rallied over 5 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported more than two-fold growth in net profit at Rs 175 crore in December 2016 quarter, from Rs 87 crore in the year ago quarter.

Buoyed by strong earnings, shares of company gained as much as 5.40 per cent and touched 52-week high in intra-day trade at Rs 1

Crompton Greaves tanks nearly 7% post Q3

Shares of Crompton Greaves tumbled nearly 7 per cent on the Bombay Stock Exchange even after the company reported a net profit of Rs 95.73 crore in the December quarter of 2016, compared with net loss of Rs 95.73 crore in the year ago quarter.

Following the Q3 earnings, shares of company declined as much as 6.67 per cent to hit intra-day low of Rs 66.45 apiece on the Bombay Stock Exch

Shreyas Shipping zooms 20% on robust Q3

Shares of Shreyas Shipping & Logistics rallied 20 per cent on the Bombay Stock Exchange after the company reported more than three-fold growth in consolidated net profit at Rs 10.68 crore in December 2016 quarter, from Rs 3 crore in the year ago quarter.

Boosted by strong earnings, shares of company gained as much as 20 per cent to hit intra-day high of Rs 289.65 apiece on the Bom

SRF tanks over 9% on disappointing Q3

Shares of Gurgaon-based SRF tumbled over 9 per cent on the Bombay Stock Exchange after the company’s net profit fell short of expectations and grew by 8 per cent year-on-year at Rs 105 crore for the quarter ended December 2016 (Q3). Weighed down by lower-than-expected earnings, shares of company declined as much as 9.53 per cent to hit intra-day low of Rs 1585.10 apiece on the Bombay Stoc

Bank of Baroda falls nearly 9% on decline in equity capital

Shares of Bank of Baroda plunged nearly 9 per cent on the Bombay Stock Exchange after media reported that the public sector lender’s equity capital shrunk on reinterpretation of RBI rules.

As per Business Standard report, the bank’s common equity tier I capital (CET-I) in absolute terms declined sharply from Rs 39,632 crore at the end of the second quarter in September 201