Parsvnath Developers jumps 5% on SC ruling

Shares of Parsvnath Developers jumped nearly 5 per cent on the Bombay Stock Exchange after Supreme Court asked the company to pay interest at 10 per cent per annum to 70 buyers in Ghaziabad project. The apex court in its ruling clarified that this order would apply only to this case and not be treated as a judicial precedent, ET reported.

Following the Supreme Court order, shares of t

Dr. Reddy`s rallies 6% on getting EIR from USFDA for AP unit

Shares of Dr. Reddy's Laboratories surged over 6 per cent on the Bombay Stock Exchange after the drug maker said that it has received Establishment Inspection Report (EIR) from the US FDA for its Formulation Srikakulam Plant (SEZ) Unit II, Andhra Pradesh.

ollowing the announcement, shares of the company gained as much as 6.60 per cent to trade at intra-day high of Rs 2466.40 apiec

Provide coal linkage to NTPC`s project in Madhya Pradesh : Panel

A Government Official has said that a high-level panel has recommended to provide fuel linkage to NTPC's Vindhyachal project in Madhya Pradesh if the plant is delinked from any coal mine alloted to the power producer.

Commenting on the issue, a Government Official told the media, “The Standing Linkage Committee (Long-Term) has recommended "grant of coal linkage to NTPC

Novartis India surges over 7% on share buyback plan

Shares of Novartis India jumped over 7 per cent on the Bombay Stock Exchange after the drug maker said that its board would consider a proposal for buyback of its equity shares.

“A meeting of the Board of Directors of the Company will be held on September 25, 2017, to consider a proposal for Buyback of the Company's equity shares, constitution of buyback committee, and appoi

Divi`s Lab extends rally on successful USFDA inspection

Shares of Divi's Laboratories continued gaining streak for the second day on Thursday and added another 6 per cent on the Bombay Stock Exchange after the drug maker said that all the previous observations by US drug regulator regarding Unit-2 of its Visakhapatnam facility have been confirmed as completed and resolved.

The Unit has been inspected by US-FDA from September 11 to Sept

YES Bank up 2% as stocks turn ex-stock split

Shares of YES Bank rose 2 per cent on the Bombay Stock Exchange after the stock of country’s leading private sector lender turned ex-stock split in the ratio of 1:5 with effect from today. As on September 09, the bank has fixed September 22, 2017 as Record Date for determining the eligibility of Shareholders, with regards to sub-division of each Equity Share having face value of Rs 10 ful

L&T up 2% on winning new order

Shares of Larsen & Toubro (L&T) rose nearly 2 per cent on the Bombay Stock Exchange after engineering and construction major said that it has bagged an order worth around Rs 1,700 crore to build crude oil pipeline from Kuwait Oil Company (KOC), Kuwait Following the announcement, shares of the company gained as much as 1.92 per cent to trade at 52-week high of Rs 1249.95 apiece on the Bo

Tyre stocks surge as government imposes anti-dumping duty

Shares of Tyre making companies such as Apollo Tyres, CEAT, J&K Tyre, MRF and TVS Srichakra rallied between 1-11 per cent on the Bombay Stock Exchange after media report suggested that the government has imposed the anti-dumping duty on radial tyres used in buses and trucks.

Riding high on media reports, shares of the J&K Tyre gained as much as 11.71 per cent to trade at intra

Hindustan Copper rises 2% on deal with Nalco and MECL

Shares of Hindustan Copper spurted nearly 2 per cent on the Bombay Stock Exchange after the company said it has signed a pact with National Aluminium Company Ltd and Mineral Exploration Corporation Ltd to explore the possibility of forming a Joint Venture Company for exploration of primarily strategic minerals overseas and sale of these minerals in India and other countries for commercial use.<

Adani Power soars over 5% on securing coal blocks

Shares of Adani Power surged over 5 per cent on the Bombay Stock Exchange after two associated companies managed to secure a shade over one-third of the total coal auctioned by Coal India under the Shakti scheme, as per Business Standard report.

Boosted by the development, shares of the company gained as much as 5.05 per cent to trade at intra-day high of Rs 33.25 apiece on the Bombay

Tata Steel up 2% on deal with Thyssenkrupp

Shares of Tata Steel rose nearly 2 per cent on the Bombay Stock Exchange after the steel maker signed a Memorandum of Understanding with Thyssenkrupp to create a leading European steel enterprise in a 50:50 joint venture.

Boosted by the development, shares of the company gained as much as 1.95 per cent to trade at intra-day high of Rs 689.75 apiece on the Bombay Stock Exchange. In a s

Divi`s Laboratories jumps 6% on successful USFDA inspection

Shares of Divi's Laboratories jumped over 6 per cent on the Bombay Stock Exchange after the drug maker said that all the previous observations by US drug regulator regarding Unit-2 of its Visakhapatnam facility have been confirmed as completed and resolved. The Unit has been inspected by US-FDA from September 11 to September 19, 2017.

Following the announcement, shares of the comp

RIL hits fresh 52-week high as Trai cuts IUC

Shares of Reliance Industries soared nearly 4 per cent on the Bombay Stock Exchange after the Telecom Regulatory Authority of India (TRAI) slashed termination charge for mobile calls, a move that would provide relief to its telecom arm, Reliance Jio. The TRAI on Tuesday cut termination charge for all mobile to mobile calls to 6 paise per minute from 14 paise with effective October 1.

Idea Cellular dips 7% as Trai cuts interconnect charges

Shares of country’s leading telecom operator Idea Cellular tumbled over 7 per cent on the Bombay Stock Exchange after the Telecom Regulatory Authority of India (TRAI) slashed the interconnect usage charge (IUC) for mobile calls, a move that is likely to provide relief to new operators such as rival, Reliance Jio.

The TRAI on Tuesday cut termination charge for all mobile to mobil

Loyal Equipments rises 5% on winning new order

Shares of Loyal Equipments jumped 5 per cent and locked in upper circuit on the Bombay Stock Exchange after the company said that it has received a purchase order from Burckhardt Compression (India) worth Rs 1.28 crore.

“The order is for supply of Pressure Vessels & Oil & Water Console for HPL, Linde & IOCL Gujarat project,” the company said in a filing to the

Tata Motors jumps nearly 6% on block deals

Shares of Tata Motors surged nearly 6 per cent on the Bombay Stock Exchange amid multiple block deals. As per data available with exchange, as much as 469.68 lakh shares have changed hand on the counter as compared to two week average of 6.36 lakh shares.

riven by block deals, shares of the company gained as much as 5.63 per cent to trade at intra-day high of Rs 428.20 apiece on the B

Jaiprakash Associates extends fall; scrip down 14%

Shares of Jaiprakash Associates continued losing streak for the second session on Tuesday and plunged over 14 per cent on the Bombay Stock Exchange after the Supreme Court directed the company to pay Rs 50 lakh to home buyers of Kalypso project.

Extending previous session losses, shares of the company declined as much as 14.51 per cent to trade at intra-day low of Rs 15.90 apiece on t

InterGlobe Aviation down 2% after share sale

Shares of InterGlobe Aviation plunged over 2 per cent on the Bombay Stock Exchange after company said it has raised Rs 3,790 crore though stake sale. The company in a filing to the exchange said that its board has approved the issue price of Rs 1,130 per equity share for the equity shares to be allotted to eligible qualified institutional buyers in the issue.

Following the announcemen

Nucleus Software Exports up nearly 8% on winning new order

Shares of Nucleus Software Exports surged nearly 8 per cent on the Bombay Stock Exchange after the company said that Atlas Finance, a micro-finance company in South Africa, has chosen the company’ Lending Analytics to help them leverage the insights provided by their data to make faster, more informed lending decisions.

Following the announcement, shares of the company gained as

Cadila up 2% as arm gets nod for Oseltamivir Powder

Shares of Cadila Healthcare rose 2 per cent on the Bombay Stock Exchange after the drug major said that its arm Nesher Pharmaceuticals has received final approval from the USFDA to market Oseltamivir Powder for Oral Suspension, 6 mg/ml which is used in the treatment and prevention of influenza.

Cheering the news, shares of the company gained as much as 2.01 per cent to trade at intra-

Indiabulls Real Estate down 7% on block deals

Shares of Indiabulls Real Estate plunged over 7 per cent on the Bombay Stock Exchange amid multiple block deals. As per data available with exchange, as much as 136.16 lakh shares have changed hand on the counter as compared to two week average of 9.55 lakh shares.

Weighed down by block deals, shares of the company declined as much as 7.24 per cent to trade at intra-day low of Rs 232.

ACI Infocom dips nearly 2% as Sebi slaps fine

Shares of ACI Infocom fell nearly 2 per cent on the Bombay Stock Exchange after markets regulator Sebi imposed a penalty of Rs 4 lakh on ACI Infocom for failing to redress the two investor complaints within the prescribed time frame, reported PTI.

In December 2014, the regulator had issued a circular directing all the listed companies to take immediate efforts on receipt of a complain

ONGC jumps over 4% on rise in crude prices

Shares of Oil & Natural Gas Corporation (ONGC) jumped over 4 per cent on the Bombay Stock Exchange amid spurt in crude oil prices as demand outlook brightens. Driven by rise in crude prices, shares of the company gained as much as 4.14 per cent to trade at intra-day high of Rs 166.00 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the company were trading 3.07

Ujaas Energy spikes 10% on winning slew of orders

Shares of Ujaas Energy zoomed 10 per cent on the Bombay Stock Exchange after the company bagged three different orders. The company has received letter of allocation from SECI for an aggregate capacity of 20.03 MW for implementation of Grid Connected Rooftop Solar PV System Scheme for Government Building in different states/ union territory of India. Apart from this, the company has won order f

Tata Teleservices dips 9% on plans to shutter biz

Shares of Tata Teleservices (Maharashtra) plunged nearly 9 per cent on the Bombay Stock Exchange after media report suggested that the Tata group is mulling the option of winding down the mobile services business.

Weighed down by the development, shares of the company declined as much as 8.76 per cent to trade at intra-day low of Rs 6.14 apiece on the Bombay Stock Exchange. In a simil