Emkay Global hits 52-week high on deal with DBS

Shares of Emkay Global Financial Services zoomed 10 per cent, hitting 52-week high, on the Bombay stock Exchange after the company said that it has entered into pact with DBS Vickers for co-branding and distribution of Equity Research. Following the announcement, shares of the company gained as much as 9.97 per cent to hit 52-week high of Rs 150.00 apiece on the Bombay Stock Exchange.

DIC India spikes 20% on plans to sell Mumbai land

DIC India, a part of DIC Corporation of Japan, zoomed 20 per cent on the Bombay stock Exchange after the company unveiled plan to dispose Mumbai land. The company said that its board has approved the start of the process for the sale of land at Chandivali Farm, Off Saki Vihar Road, Mumbai.

Cheering the news, shares of the company gained as much as 20 per cent and locked in upper circu

Shreyas Shipping rallies over 14% on JV with Suzue Corp

Shares of Shreyas Shipping & Logistic zoomed over 14 per cent on the Bombay stock Exchange after the company said that it has signed a joint venture agreement with Suzue Corp. “The geographies covered by the agreement initially include Indian sub-continent and Japan,” the company said in a filing to the BSE. Following the announcement, shares of the company gained as much as 14.

Reliance Capital rises over 1% on listing of arm on bourses

Shares of Reliance Capital climbed over 1 per cent on the Bombay stock Exchange after its board approved listing of Reliance General Insurance Company Ltd (RGI), a 100 per cent subsidiary of Reliance Capital, on the stock exchanges on Monday.

Following the announcement, shares of the company gained as much as 1.57 per cent to hit an intra-day high of Rs 599.35 apiece on the Bombay Sto

Allahabad Bank up over 1% on cutting MCLR rates

Shares of Allahabad Bank rose over 1 per cent on the Bombay stock Exchange after the state-run lender lowered MCLR rates for various tenors in the range of 0.10-0.15 per cent with effect from Monday. Following the announcement, shares of the bank gained as much as 1.55 per cent to hit an intra-day high of Rs 68.75 apiece on the Bombay Stock Exchange.

The scrip was currently trading at

Sun Pharma jumps over 3% on USFDA nod for Zetia tablets

Shares of Sun Pharmaceutical Industries rose over 3 per cent on the Bombay stock Exchange after the drug maker said that it has received US FDA approval of generic Zetia (ezetimibe) Tablets 10mg in the United States. Boosted by the development, shares of the company gained as much as 3.42 per cent to hit an intra-day high of Rs 551.40 apiece on the Bombay Stock Exchange.

The scrip was

Wipro dips nearly 2% as stocks turn ex-bonus

Shares of Wipro fell nearly 2 per cent on the Bombay stock Exchange amid surge in volume trade after the IT major clarified on ex-date for ADR stock dividend. The company in a filing to exchange said that the payable date and ex-dividend date for its ADR (American Depository Receipts) bonus issue, or stock dividend, are yet to be determined.

Weighed down by the development, shares of

Maruti Suzuki hits 52-week high on robust production in May

Shares of Maruti Suzuki India jumped 2 per cent, hitting 52-week high, on the Bombay stock Exchange after the auto major reported an increase of 16.8 per cent in its May 2017 production at 1,51,262 units, as compared to 1,29,509 units during the same period last year.

Boosted by the development, shares of the company gained as much as 2.00 per cent to hit 52-week high of Rs 7378.95 ap

NHPC zooms nearly 9% on hopes of government aid

Shares of NHPC, an Indian hydropower generation company, rallied nearly 9 per cent, hitting 52-week high, on the Bombay stock Exchange after media report suggested that the government is planning to provide a Rs 16,000-crore bailout package to the hydropower sector.

Boosted by the development, shares of the company gained as much as 8.73 per cent to hit 52-week high of Rs 34.25 apiece

Natco Pharma extends rally; hits fresh 52-week high

Shares of Natco Pharma continued gaining streak and rose over 3 per cent, hitting 52-week high, on the Bombay stock Exchange after the drug maker reported a nearly three-fold growth in consolidated net profit at Rs 176 crore in Q4FY17 compared to Rs 63 crore posted in the year ago period.

Extending its rally, shares of the company gained as much as 3.09 per cent to hit 52-week high of

Infosys dips over 3% on buzz over promoter stake sale

Shares of Infosys tanked over 3 per cent on the Bombay stock Exchange after media report suggested that its founders, led by N R Narayana Murthy, are planning to sell their stake in the company.

Reacting to the news, shares of the company declined as much as 3.47 per cent to hit an intra-day low of Rs 923.05 apiece on the Bombay Stock Exchange.

The scrip was currently tradin

Wipro falls nearly 2% on bourses

Shares of Wipro fell nearly 2 per cent on the Bombay stock Exchange amid surge in volume trade after media report suggested that the country’s third largest software company was evaluating a potential sale of its business or part of it.

In line with IT index, shares of the company declined as much as 1.91 per cent to hit an intra-day low of Rs 535.10 apiece on the Bombay Stock E

Biocon gains over 2% on bonus issue plan

Shares of Biocon climbed over 2 per cent on the Bombay stock Exchange after the biotechnology major said that its shareholders have approved issue of bonus shares.

Buoyed by the development, shares of the company gained as much as 2.04 per cent to hit an intra-day high of Rs 1018.90 apiece on the Bombay Stock Exchange.

The scrip was currently trading at Rs 1014.95 against pr

Strides Shasun rises 3% on getting nod for Amantadine Hydrochloride

Shares of Strides Shasun soared over 3 per cent on the Bombay stock Exchange after the drug maker said it has received approval from the US health regulator for Amantadine Hydrochloride, used for the treatment of Parkinsons disease and select viral infections, in the American market.

Cheering the news, shares of the company gained as much as 3.01 per cent to hit an intra-day high of R

Bharat Wire Ropes jumps over 5% on winning new order

Shares of Bharat Wire Ropes rallies over 5 per cent on the Bombay stock Exchange after the company said that it has bagged approximately Rs 37 crore exports and domestic orders to be executed mainly from new facility set up at Chalisgaon, Maharashtra.

Boosted by the development, shares of the company gained as much as 5.50 per cent to hit an intra-day high of Rs 91.95 apiece on the Bo

Gujarat Pipavav Port up nearly 4% on bourses

Shares of Gujarat Pipavav Port jumped nearly 4 per cent on the Bombay stock Exchange even after media report suggested that APM Terminals, the manager and operator and a controlling shareholder of the company, was looking to exit its 12-year flagship investment.

Undermining the development, shares of the company gained as much as 3.91 per cent to hit intra-day high of Rs 150.00 apiece

Petronet LNG tanks over 4% on stake sale by GDF

Shares of Petronet LNG fell over 4 per cent on the Bombay stock Exchange after media report suggested that the France-based investor GDF International is likely to sell its entire 10 per cent stake in the company.

Reacting to the news, shares of the company declined as much as 4.33 per cent to hit an intra-day low of Rs 421.00 apiece on the Bombay Stock Exchange. The scrip was current

Reliance Communications extends fall on rating downgrades

Shares of Reliance Communications extended losing streak on Thursday , slipping over 2 per cent on the Bombay stock Exchange after the global rating agencies, Moody's Investors Service and Fitch downgraded company’s rating for the second time in a week, citing company’s inability it pay its debt.

However, the company has rejected rating downgrades by Moody's and Fi

JSW Steel shares shine on robust outlook

Shares of JSW Steel rose over 3 per cent on the Bombay stock Exchange after the rating agency CARE said that it expects production of steel to grow by 8-10 per cent during the financial year 2017-18. Driven by strong outlook, shares of the company gained as much as 3.55 per cent to hit intra-day high of Rs 202.25 apiece on the Bombay Stock Exchange.

The scrip was currently trading at

Cadila hits 52-week high on USFDA approval for Mesalamine Tablets

Shares of Cadila Healthcare zoomed 10 per cent, hitting 52-week high, on the Bombay stock Exchange after the drug maker said that the US Food and Drug Administration has given the final approval to market the company’s Mesalamine Delayed-Release Tablets in the US market.

Boosted by the development, shares of the company gained as much as 10 per cent to hit 52-week high of Rs 539

Vivimed Labs surges over 8% on successful USFDA inspection

Shares of Vivimed Labs rallied over 8 per cent on the Bombay stock Exchange after the company said that the United States Food and Drug Administration (USFDA) recently inspected the company’s manufacturing plant in Spain and issued ‘zero’ 483 observations.

Following the announcement, shares of the company gained as much as 8.42 per cent to hit intra-day high of Rs 11

Adani Enterprises extends rally on nod for Australian mine project

Shares of Gautam Adani-led Adani Enterprises rallied over 5 per cent on the Bombay stock Exchange after the company on Tuesday gave approval for Carmichael mine and rail project in Queensland, Australia. Extending previous session rally, shares of the company gained as much as 5.20 per cent to hit intra-day high of Rs 134.45 apiece on the Bombay Stock Exchange.

The scrip was currently

Reliance Communication falls over 4% on fresh rating downgrades

Shares of Reliance Communications dipped over 4 per cent on the Bombay stock Exchange after the global rating agencies, Moody's Investors Service and Fitch downgraded company’s rating for the second time in a week, citing company’s inability it pay its debt.

Weighed down by the development, shares of the company declined as much as 4.22 per cent to hit an intra-day low

Unichem Lab rallies nearly 7% on getting EIR for Ghaziabad plant

Shares of Unichem Laboratories jumped over 7 per cent on the Bombay stock Exchange after the drug maker said that its formulations manufacturing facility at Ghaziabad has received an Establishment Inspection Report (EIR) from the USFDA. Boosted by the development, shares of the company gained as much as 6.98 per cent to hit intra-day high of Rs 264.10 apiece on the Bombay Stock Exchange.

TCS jumps over 4% on bourses

Shares of Tata Consultancy Services (TCS) surged over 4 per cent on the Bombay stock Exchange amid surge in volume trade after the IT major received an overwhelming response for its 56 million equity shares buyback offer which ended on May 31, 2017. In line with BSE IT index, shares of the company gained as much as 4.08 per cent to hit intra-day high of Rs 2707.40 apiece on the Bombay Stock Exc