United Bank rises over 3% after Rs 73.56 cr profit in Q4

Shares of United Bank of India jumped over 3 per cent on the Bombay Stock Exchange (BSE) after the state-owned lender reported its standalone net profit after tax at Rs 73.56 crore in the January-March quarter of FY 2017.

The bank had posted a standalone net loss of Rs 413.04 crore in corresponding quarter of previous fiscal, United Bank of India said in a filing to the BSE. Cheering

Tata Coffee rises over 3% post Q4

Shares of Tata Coffee jumped over 3 per cent on the Bombay stock Exchange after it reported over three-fold jump in consolidated net profit to Rs 45.69 crore for the quarter March 2017. Its net profit stood at Rs 13.65 crore in the year-ago period,ended  the company said in a regulatory filing.

The company's total income from operations remained flat at Rs 407 crore. During t

United Breweries drops after Q4 net slips sharply

Shares of United Breweries fell over 2 per cent on the Bombay Stock Exchange (BSE) after the company reported a drop of 87.1 per cent in its standalone net profit after taxes (PAT) at Rs 6.73 crore for the fourth quarter ended March 31, 2017, hit by higher expenses.

The standalone PAT of the company stood at Rs 52.37 crore during the same period a year ago,” United Breweries Ltd

IOB slips over 4% despite Q4 loss narrows

Shares of Indian Overseas Bank (IOB) fell over 4 per cent on the Bombay Stock Exchange (BSE) even as the bank reported its standalone net loss narrowed to Rs 646.66 crore during the fourth quarter ended March 31, 2017. The bank had posted a standalone net loss of Rs 936.19 crore in the corresponding quarter of previous fiscal, said Indian Overseas Bank in a filing to the BSE.

Despite

JK Lakshmi Cement plunges over 6% after Q4 net dips

Shares of JK Lakshmi Cement Ltd fell over 6 per cent on the Bombay Stock Exchange (BSE) after the company reported a fall of 19.4 per cent in it’s standalone net profit after taxes (PAT) at Rs 20.85 crore for the January-March quarter of FY17, hurt by increase in input costs.

The standalone net profit of the company stood at Rs 25.87 crore during the same period a year ago,&rdqu

Hindustan Organic Chemicals spikes after CCEA approves restructuring plan

Shares of Hindustan Organic Chemicals soared nearly 5 per cent on the Bombay stock Exchange after Cabinet Committee on Economic Affairs (CCEA) has approved a restructuring plan of the company under the Department of Chemicals & Petrochemicals.

The restructuring plan involves closing down the operations of all the non-viable plants at Rasayani unit of HOCL except Di-Nitrogen Tetrox

HUL hits 52-week high ahead of Q4

Shares of Hindustan Unilever Limited (HUL) rose over 0.6 per cent, hitting 52-week high, on the Bombay stock Exchange ahead of the fourth quarter earnings report due later today.

According to analysts, improved volume growth post demonetization and better margins may boost march quarter earnings. Ahead of Q4, shares of the company gained as much as 0.60 per cent to hit 52-week high of

Sobha hits 52-week high post Q4

Shares of Sobha jumped 9 per cent, hitting 52-week high, on the Bombay stock Exchange after the real estate developer reported a 6 per cent growth in its total income at Rs 601 crore for the quarter ended March 31, 2017, from Rs 566 crore in the year ago period.

Driven by strong Q4, shares of the company gained as much as 9.00 per cent to hit 52-week high of Rs 449.05 apiece on the Bo

Tata Steel jumps nearly 9% on buzz over UK pension deal

Shares of Tata Steel rallied nearly 9 per cent on the Bombay stock Exchange after the steel maker narrowed its losses in the quarter ended March 31, to Rs 1,168 crore down from Rs 3,042 crore in the corresponding quarter last year, helped by one-time non-cash pension curtailment charge.

According to media reports, the company has agreed the important commercial terms of a deal to cut

South Indian Bank rises over 2% post Q4

Shares of South Indian Bank rebounded over 2 per cent on the Bombay stock Exchange after the private sector lender reported a marginal growth of 3.52 per cent on year-on-year basis in its net profit at Rs 75.54 crore in the fourth quarter ended March 31, 2017, driven by increase in net interest income. Rebounding from previous session losses, shares of the bank gained as much as 2.23 per cent t

Electrosteel Steels dips over 2% on weak Q4

Shares of Electrosteel Steels fell over 2 per cent on the Bombay stock Exchange after the company reported a net loss of Rs 293.33 crore during the quarter ended March 31, 2017, compared to Rs 265.14 crore in the year-ago quarter Weighed down by disappointing Q4, shares of the company declined as much as 5.26 per cent to hit intra-day low of Rs 5.46 apiece on the Bombay Stock Exchange.

<
JK Tyre spikes over 5% post Q4

Shares of JK Tyre & Industries jumped over 5 per cent on the Bombay stock Exchange even after the company reported a decline 24.5 per cent in its consolidated net profit at Rs 92.03 crore for the fourth quarter ended March 31, 2017 compared to Rs 122.30 crore in the corresponding period of last fiscal. In line with benchmark indices, shares of the company gained as much as 5.26 per cent to

Munjal Auto Ind zooms over 10% on bonus issue plan

Shares of Munjal Auto Industries surged over 10 per cent on the Bombay stock Exchange after the company said that its board will consider bonus issue proposal in its meeting to be held on Monday, May 22. Following the announcement, shares of the company gained as much as 10.26 per cent to hit intra-day high of Rs 110.10 apiece on the Bombay Stock Exchange.

The scrip was currently trad

Chennai Petroleum Corp falls nearly 6% on weak Q4

Shares of Chennai Petroleum Corporation (CPCL) dipped nearly 6 per cent on the Bombay stock Exchange after the company reported 31 per cent decline in its net profit at Rs 171 crore for the quarter ended March 2017 (Q4FY17), compared to Rs 248 crore in a year ago quarter. Weighed down by Q4, shares of the company declined as much as 5.88 per cent to hit intra-day low of Rs 392.60 apiece on the

Colgate-Palmolive dips over 3% on disappointing Q4

Shares of Colgate-Palmolive (India) fell over 3 per cent on the Bombay stock Exchange after the oral care products maker reported a marginal decline of 0.5 per cent in its net profit at Rs 142.58 crore for the fourth quarter ended March 31, 2017, dented by increase in media investments.

Weighed down by Q4, shares of the company declined as much as 3.54 per cent to hit intra-day low of

Fiberweb (India) hits 52-week high on strong Q4

Shares of Fiberweb (India) jumped nearly 8 per cent, hitting 52-week high, after high quality spun bond manufacturer reported an outstanding quarter-on-quarter growth of 99.47 per cent in its consolidated net profit at Rs 8.07 crore in the fourth quarter ended March 31, 2017.

Driven by strong Q4, shares of the company gained as much as 7.91 per cent to hit 52-week high of Rs 384.00 ap

South Indian Bank plunges over 6% after missing earnings forecast

Shares of South Indian Bank tumbled over 6 per cent on the Bombay stock Exchange after the private sector lender reported a net profit of Rs 75.54 crore for the fourth quarter ended March 31, 2017, lower-than analyst estimates of Rs 100 crore, due to rise in provisions and contingencies.

Weighed down by Q4, shares of the bank declined as much as 6.20 per cent to hit intra-day low of R

JK Cement hits 52-week high on strong Q4

Shares of JK Cement jumped over 11 per cent, hitting 52-week high, on the Bombay Stock Exchange after the cement manufacturer reported a 30 per cent growth in its standalone net profit at Rs 91 crore for the fourth quarter ended March 2017, compared to Rs 70 crore in the year ago period.

Driven by string Q4, shares of the company gained as much as 11.42 per cent to hit 52-week high of

Borosil Glass zooms over 12% on board nod for stock split

Shares of Borosil Glass Works rallied over 12 per cent on the Bombay Stock Exchange after the company said that its board has approved split of equity shares of the company from Rs 10 per share to Rs 1 per share subject to approval of members.

“The board of directors of the company at its meeting on May 13, 2017, had recommended dividend of Rs 25 per equity shares of Rs 10 each

Avanti Feeds surges 20% on robust Q4

Sea food manufacturers Avanti Feeds spiked 20 per cent and locked in upper circuit on the Bombay Stock Exchange after the company reported nearly three-fold jump in its consolidated net profit at Rs 90 crore for the fourth quarter ended March 2017, compared to Rs 46 crore in the year ago period.

Driven by string Q4, shares of the company gained as much as 20 per cent to hit intra-day

UCO Bank tanks over 8% on disappointing Q4

Shares of UCO Bank tumbled over 8 per cent on the Bombay Stock Exchange after the state-run lender reported a net loss of Rs 588.19 crore during the March quarter due to decline in asset quality.

Weighed down by disappointing Q4, shares of the bank declined as much as 8.30 per cent to hit intra-day low of Rs 38.10 apiece on the Bombay Stock Exchange.

The scrip was currently

Idea Cellular tumbles over 7% on weak Q4

Shares of Idea Cellular tanked over 7 per cent on the Bombay Stock Exchange after the telecom operator reported consolidated net loss for the second straight quarter at Rs 325.6 crore during the period ended March 31, 2017, compared to net profit of Rs 449.2 crore in the same period a year ago.

Weighed down by weak Q4, shares of the company declined as much as 7.36 per cent to hit int

Force Motors skids over 3% on weak Q4

Shares of Force Motors tanked over 3 per cent on the Bombay Stock Exchange after the commercial vehicle maker Force Motors reported a 25.29 per cent decline in its standalone net profit at Rs 54.91 crore for the quarter ended March 31, 2017, compared to Rs 73.50 crore in the year ago period.

Weighed down by weak Q4, shares of the company declined as much as 3.08 per cent to hit intra-

Infosys delays salary hike, scrip gains over 2%

Shares of Infosys rose over 2 per cent on the Bombay Stock Exchange after media report suggested that the IT bellwether has delayed salary hike to at least July to reduce operating costs.

Cheering the news, shares of the company gained as much as 2.02 per cent to hit intra-day high of Rs 963.00 apiece on the Bombay Stock Exchange. The scrip was currently trading at Rs 958.80 against p

Glenmark Pharma nosedives 16% on missing Q4 earnings estimates

Shares of Glenmark Pharmaceuticals plunged nearly 16 per cent on the Bombay Stock Exchange after the pharma major reported lower-than-expected growth in its fourth quarter earnings report. The company has posted a consolidated net profit of Rs 184 crore in March 2017 quarter (Q4FY17), lower-than-analysts estimate of Rs 548 crore.

In line with benchmark indices, shares of the company d