Tata Steel hits 52-week high ahead of Q1

Shares of Tata Steel rose over 3 per cent, hitting 52-week high, on the Bombay stock Exchange ahead of the first quarter earnings report to be announced later in the day. Ahead of Q1, shares of the company gained as much as 3.45 per cent to hit 52-week high of Rs 595.40 apiece on the Bombay Stock Exchange. The stocks were currently trading at Rs 594.60 against previous close price of Rs 575.50.

Jaiprakash Associates zooms 20% on robust Q1

Shares of Jaiprakash Associates rallied 20 per cent, hitting 52-week high, on the Bombay stock Exchange after the company swung into profit in the June quarter with net profit of Rs 764.99 crore on account of higher income and lower expenses. Boosted by Q1, shares of the company gained as much as 19.99 per cent to hit 52-week high of Rs 30.40 apiece on the Bombay Stock Exchange.

The s

Britannia Ind hits 52-week high post Q1

Shares of Britannia Industries surges nearly 7 per cent, hitting 52-week high, on the Bombay stock Exchange even after the company reported 1.5 per cent decline in its consolidated net profit at Rs 216 crore compared to Rs 219 crore in the same quarter of previous fiscal year. Following Q1, shares of the company gained as much as 6.77 per cent to hit 52-week high of Rs 4,178.65 apiece on the Bo

Veer Energy & Infrastructure jumps 9% on winning new order

Shares of Veer Energy & Infrastructure rallied 9 per cent on the Bombay stock Exchange even after the company said it has bagged order from Maharashtra Energy Development Agency, Pune for installation of solar or hybrid project at our existing wind projects. Following the announcement, shares of the company gained as much as 8.99 per cent to hit intra-day high of Rs 30.90 apiece on the Bomb

Biocon dips over 9% on USFDA observations

Shares of Biocon tumbled over 9 per cent on the Bombay stock Exchange after the US drug regulator USFDA issued 10 observations on the company’s Bangalore plant. Weighed down by the development, shares of the company declined as much as 9.13 per cent to hit intra-day low of Rs 341.00 apiece on the Bombay Stock Exchange.

The stocks were currently trading at Rs 353.85 against previ

IOC surges over 5% post Quarterly result

Shares of Indian Oil Corporation jumped over 5 per cent on the Bombay stock Exchange even after the state-run oil marketing company reported 45 per cent year on year (YoY) decline in net profit at Rs 4,549 crore in June quarter compared to Rs 8,269 crore in the same quarter a year ago, albeit higher than analyst estimates. Buoyed by robust Q1, shares of the company gained as much as 5.13 per ce

PNB Housing Finance jumps over 6% on strong Quarterly result

Shares of PNB Housing Finance surged over 6 per cent on the Bombay stock Exchange after the housing finance arm of Punjab National Bank reported 93 per cent year on year (YoY) growth in net profit at Rs 185 crore in June quarter compared to Rs 96 crore in the same quarter a year ago. Boosted by robust Q1, shares of the company gained as much as 6.50 per cent to hit intra-day high of Rs 1533.90

Titan Company hits 52-week high on robust Quarterly result

Shares of Titan Company rallied over 10 per cent, hitting 52-week high, on the Bombay stock Exchange after the company’s consolidated net profit nearly doubles on year-on-year basis to Rs 238 crore for the first quarter ended June 30, 2017. Driven by strong Q1, shares of the company gained as much as 10.51 per cent to hit 52-week high of Rs 616.15 apiece on the Bombay Stock Exchange.

CEAT tumbles over 8% as Quarterly result profit plunges

Shares of CEAT tanked over 8 per cent on the Bombay stock Exchange after tyre maker reported a 98.6 per cent year-on-year decline in its consolidated net profit at Rs 1.38 crore for the first quarter ended June 30, 2017, due to destocking by trade partners ahead of the GST rollout and higher expenses. Weighed down by Q1 earnings, shares of the company declined as much as 8.05 per cent to hit in

IOC jumps 5% as government removes subsidy on kerosene oil

Shares of Indian Oil Corporation surged nearly 5 per cent on the Bombay stock Exchange after the government asked state-controlled oil companies to keep raising prices of subsidised kerosene by 25 paise every fortnight until the subsidy is eliminated, says media report. Boosted by the development, shares of the company gained as much as 4.93 per cent to hit intra-day high of Rs 388.15 apiece on

RCom plunges over 8% as NLCT looks into Aircel deal

Shares of Anil Ambani-led Reliance Communications tumbled nearly 8 per cent on the Bombay stock Exchange after media report suggested that the National Company Law Tribunal (NCLT) will take a call on whether to admit the company’s merger proposal with Aircel. Weighed down by the development, shares of the company declined as much as 8.58 per cent to hit intra-day low of Rs 22.90 apiece on

Bata India hits 52-week high on robust Quarterly result

Shares of Bata India surged nearly 7 per cent, hitting 52-week high, on the Bombay stock Exchange after the company reported 20 per cent year-on-year growth in net profit at Rs 60.4 crore in June quarter, compared to Rs 50.5 crore in year ago quarter. Cheering Q1 earnings, shares of the company gained as much as 6.81 per cent to hit 52-week high of Rs 623.25 apiece on the Bombay Stock Exchange.

Edelweiss Financial Services gains 5% on strong Quarterly result

Shares of Edelweiss Financial Services surged over 5 per cent on the Bombay stock Exchange after the company reported 40.55 per cent growth in net profit at Rs 196.32 crore for the quarter ended June 30, 2017 against Rs 139.68 crore in the corresponding quarter last year. Cheering Q1 earnings, shares of the company gained as much as 5.14 per cent to hit intra-day high of Rs 214.65 apiece on the

Hindustan Copper dips nearly 8% on discounted price for OFS

Shares of Hindustan Copper tumbled nearly 8 per cent on the Bombay stock Exchange after the the government set floor price for its offer for sale at Rs 64.75, down 8.35 per cent from Tuesday’s closing price of Rs 70.65 on the BSE. Weighed down by the development, shares of the company declined as much as 7.64 per cent to hit intra-day low of Rs 65.25 apiece on the Bombay Stock Exchange.

Hero MotoCorp rises over 3% on strong July sales

Shares of Hero MotoCorp jumped over 3 per cent on the Bombay stock Exchange after the auto major reported 17 per cent year-on-year growth in monthly sales at 623,269 units in July compared to 532,113 units. Driven by strong monthly sales, shares of the company gained as much as 3.12 per cent to hit intra-day high of Rs 3938.00 apiece on the Bombay Stock Exchange.

The stocks were curre

Vascon Engineers jumps over 4% on winning new order

Shares of Vascon Engineers rallied over 4 per cent on the Bombay stock Exchange after engineering firm said that it has received Letter of award from Transcon Sheth Creators Private Limited, for the work of civil construction, finishing, electrical and firefighting work of Residential Building no 3 and 4 (Ground plus 23 Floors) in Malad (W) amounting to Rs 80.41 crores. Buoyed by the developmen

Asian Hotels (West) tanks nearly 7% on RBI action

Shares of Asian Hotels (West) tumbled nearly 7 per cent on the Bombay stock Exchange after the Reserve Bank of India barred Non-Resident Indians (NRIs) to buy fresh stake in the company. The foreign shareholding through Non-Resident Indians (NRIs) in Asian Hotels (West) has crossed the limit of 10 per cent of its paid-up capital. So, no further purchases of shares of this company would be allow

Maruti Suzuki hits 52-week high on robust July sales

Shares of Maruti Suzuki India soared nearly 3 per cent, hitting 52-week high, on the Bombay stock Exchange after the country’s largest car maker reported registered a growth of 22 per cent in July sales at 153,298 passenger vehicles against 125,764 units in July 2016. Boosted by strong July sales, shares of the auto major gained as much as 2.75 per cent to hit 52-week high of Rs 7920.00 a

Reliance Power slips over 2% on disappointing Quarterly Result

Shares of Reliance Power fell over 2 per cent on the Bombay stock Exchange after Anil Ambani promoted company reported a 32 per cent drop in its net profit at Rs 231 crore for the quarter ended June, 30 as against Rs 340 crore in the same period of last financial year. Weighed down by Q1, shares of the company declined as much as 2.20 per cent to hit intra-day low of Rs 44.40 apiece on the Bomb

Tech Mahindra jumps over 7% on robust Quarterly result

Shares of Tech Mahindra surged over 7 per cent on the Bombay stock Exchange after IT major reported a 6.6 per cent year-on-year growth in consolidated net profit at Rs 799 crore for the first quarter ended June 30, 2017, compared to Rs 750 crore in the April-June quarter of the previous fiscal. Driven by strong Q1, shares of the company gained as much as 7.43 per cent to hit intra-day high of R

Dr. Reddy`s Lab extends loss for third session

Shares of Dr. Reddy's Laboratories extended losing streak for the third straight session on Monday, falling over 3 per cent on the Bombay stock Exchange after the drug maker’s net profit declined more than half to Rs 59 crore in Q1FY18 from Rs 126 crore in the same quarter year ago. Continuing its losing spree, shares of the company declined as much as 3.12 per cent to hit intra-day l

JBF Ind plunges over 11% on rating downgrade

Shares of JBF Industries nosedived over 11 per cent on the Bombay stock Exchange after the rating agencies downgraded the rating of the company to “D” due to delays in servicing debt obligations. Reacting to the news, shares of the company declined as much as 11.05 per cent to hit intra-day low of Rs 198.50 apiece on the Bombay Stock Exchange.

The stocks were currently tra

Larsen & Toubro jumps over 4% on robust Quarterly result

Shares of Larsen & Toubro surged over 4 per cent on the Bombay stock Exchange after the India’s leading business conglomerate reported a 46 per cent year-on-year (Y-o-Y) growth in consolidated net profit at Rs 893 crore for the first quarter ended June 2017. Driven by strong Q1, shares of the company gained as much as 4.06 per cent to hit intra-day high of Rs 1206.00 apiece on the Bom

Dena Bank Quarterly Result loss narrows to Rs 132.65 cr

State-run Dena Bank has reported an improvement with the net loss reducing to Rs 132.65 crore in the quarter ended June 30, helped by decline in NPAs and better net interest margin. The bank had reported a loss of Rs 279.35 crore in the same quarter last year. "Our provisions on NPAs have come down which resulted in reduction in loss this quarter.

Last year in the June quarter, o

Nava Bharat Ventures zooms 10% on strong volume

Shares of Nava Bharat Ventures rallied over 10 per cent on the Bombay stock Exchange amid spurt in volume trade. According to data available with exchange, as much as 1.76 lakh shares have changed hand compared to two week average of 1.43 lakh on BSE. Driven by volume trade, shares of the company gained as much as 10.48 per cent to hit intra-day high of Rs 149.15 apiece on the Bombay Stock Exch