Shreyas Shipping zooms 20% on robust Quarterly result

Shares of Shreyas Shipping & Logistics rallied 20 per cent and locked in upper circuit on the Bombay stock Exchange after the company reported more than four-fold jump in net profit at Rs 20.46 crore for the first quarter ended June 30, 2017 from Rs 4.87 crore in the same quarter of last fiscal year. Boosted by June quarter earnings, shares of the company gained as much as 19.99 per cent to

Tata Global hits 52-week high on plans to Himalayan in US

Tata Global Beverages' (TGB) has said that its premium natural mineral water brand 'Himalayan', will now enter the USA market in a phased manner, through an agreement signed by its subsidiary with Talking Rain Beverage Company®, the maker of Sparkling Ice® flavored sparkling waters to distribute and market the brand.

This makes Himalayan which is backed by the trus

J Kumar Infra extends fall, down 20%

Shares of J.Kumar Infraprojects continued losing streak on Monday and eroded another 20 per cent on the Bombay stock Exchange as investors pressed sell button after Sebi imposed trading ban on "shell companies". As per media report, in a partial relief to the companies, the Securities Appellate Tribunal (SAT) on Friday extended interim relief to six more companies, earlier barred from

Parsvnath Developers hits floor as trading resumes

Shares of Parsvnath Developers continued losing streak on Monday and locked in lower circuit on the Bombay stock Exchange as investors pressed sell button after Sebi imposed trading ban on "shell companies". As per media report, in a partial relief to the companies, the Securities Appellate Tribunal (SAT) on Friday extended interim relief to six more companies, earlier barred from tra

Indraprastha Gas hits 52-week high on strong Quarterly Result

Shares of Indraprastha Gas surged over 7 per cent, hitting 52-week high, on the Bombay stock Exchange after the company reported net profit of Rs 161 crore in Q1FY18, compared to Rs 148 crore in a year ago quarter. In a separate development, the board of the company has also approved the splitting of each equity share into five. Buoyed by the development, shares of the company gained as much as

Cipla surges over 6% on robust Quarterly Result

Shares of Cipla jumped over 6 per cent on the Bombay stock Exchange after drug maker reported 21 per cent year-on-year growth in its consolidated net profit at Rs 409 crore for the first quarter ended June 30, 2017. Boosted by June quarter earnings, shares of the company gained as much as 6.02 per cent to hit intra-day high of Rs 575.40 apiece on the Bombay Stock Exchange.

The stocks

DLF zooms over 13% on robust Quarterly result

Shares of DLF rallied over 13 per cent on the Bombay stock Exchange after real estate major reported strong earnings for the first quarter ended June, 2017. The company has posted a consolidated net profit of Rs 110 crore in Q1FY18, from Rs 261 crore in the same quarter last year which included exceptional gain of Rs 329 crore. Driven by Q1, shares of the company gained as much as 13.44 per cen

Prakash Industries , J Kumar Infra plunge 20%, hit lower circuit

Shares of Prakash Industries and J Kumar Infraprojects nosedived 20 per cent and locked in lower circuit on the Bombay stock Exchange amid surge in volume trade even after Securities Appellate Tribunal (SAT) on Thursday stayed restrictions imposed by the Sebi on duos. According to data available with exchange, as much as 0.75 lakh shares of Prakash Industries have changed hand on the counter as

MOIL jumps over 5% on robust Quarterly result, bonus issue

Shares of MOIL rallied over 5 per cent on the Bombay stock Exchange after state-run mining company’s net profit more than doubled to Rs 97.73 crore for the quarter ended June 2017, and its board recommended bonus share in the ratio of 1:1. Driven by Q1, shares of the company gained as much as 5.51 per cent to hit intra-day high of Rs 347.00 apiece on the Bombay Stock Exchange.

T

Ashok Leyland surges over 2% on bagging new order

Shares of Ashok Leyland rose over 2 per cent on the Bombay stock Exchange after auto major said that it has received an order worth over Rs 120 crore from Rivigo, a logistics company. Following the announcement, shares of the company gained as much as 2.08 per cent to hit intra-day high of Rs 105.45 apiece on the Bombay Stock Exchange.

The stocks were currently trading at Rs 104.40 ag

Union Bank tanks over 7% on plans to sell insurance biz

Shares of Union Bank of India fell over 7 per cent on the Bombay stock Exchange after state-run lender announced to offload 40 per cent stake in its mutual fund business to Dai-ichi Life Insurance Company of Japan. Weighed down by the development, shares of the bank declined as much as 7.58 per cent to hit intra-day low of Rs 124.25 apiece on the Bombay Stock Exchange.

The stocks were

Phillips Carbon Black rises 4% on investment plan

Shares of Phillips Carbon Black jumped nearly 4 per cent on the Bombay stock Exchange after Sanjiv Goenka group unveiled plan to invest Rs 300 crore to boost the capacity and expand business in South India. Following the announcement, shares of the company gained as much as 3.96 per cent to hit intra-day high of Rs 576.00 apiece on the Bombay Stock Exchange.

The stocks were currently

Tata Motors skids over 6% on terminating deal with Volkswagen

Shares of Tata Motors tumbled over 6 per cent on the Bombay stock Exchange after media report suggested that auto major has decided to terminate plan to develop cars with Volkswagen for emerging markets. Weighed down by development, shares of the company declined as much as 6.02 per cent to hit intra-day low of Rs 357.95 apiece on the Bombay Stock Exchange.

The stocks were currently t

Symphony tumbles over 10% on weak Quarterly result

Shares of Symphony nosedived over 10 per cent on the Bombay stock Exchange after the air cooler maker reported disappointing earnings for the first quarter ended June 30, 2017. The company has reported a 23.8 per cent fall in profit at Rs 24 crore in Q1 FY18, against Rs 31.6 crore in the same quarter last financial year. Weighed down by Q1, shares of the company declined as much as 10.19 per ce

Tata Motors plunges over 8% on disappointing Quarterly result

Shares of Tata Motors tumbled over 8 per cent on the Bombay stock Exchange after the auto major reported lower-than-expected earnings for the first quarter ended June 30, 2017. The company has reported a 41.6 per cent growth in profit at Rs 3,200 crore in Q1 FY18, against Rs 2,260 crore in the same quarter last financial year, thanks to a one-time gain of Rs 3,609 crore.

Reacting to Q

SRF dips 8% on disappointing Quarterly results

Shares of SRF Ltd fell nearly 8 per cent on the Bombay stock Exchange after the company’s consolidated net profit declined 33 per cent year-on-year (YoY) to Rs 104 crore in June quarter (Q1FY18), due to higher raw material cost. The company had profit of Rs 155 crore in the same quarter year ago. SRF said the decrease in net profit was mainly on account of subdued commodity prices, channe

Bharti Infratel dips nearly 5% on heavy volume

Shares of Bharti Infratel tumbled nearly 5 per cent on the Bombay stock Exchange amid surge in volume trade. According to data available with exchange, as much as 858.06 lakh shares have changed hand on the counter as against two week average of 0.92 lakh shares. Weighed down by the development, shares of the company declined as much as 4.87 per cent to hit intra-day low of Rs 378.50 apiece on

Hindalco Ind hits 52-week high as Novelis posts robust Q1

Shares of Hindalco Industries jumped over 7 per cent, hitting fresh 52-week high, on the Bombay stock Exchange after its overseas arm, Novelis Inc reported a four-fold jump in net income at USD 101 million for the June quarter of FY18, compared to USD 24 million in the corresponding period of previous year. Driven by Novelis’ earnings, shares of the company gained as much as 7.53 per cent

Tata Steel hits fresh record high post Q1

Shares of Tata Steel continued gaining streak on Tuesday and surged over 4 per cent, hitting fresh 52-week high, on the Bombay stock Exchange after the steel maker reported a consolidated net profit of Rs 921 crore in the quarter ended June 30, 2017, compared to net loss of Rs 3,183 crore in the corresponding period last year. Boosted by Q1, shares of the company gained as much as 4.15 per cent

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