Tata Motors up over 1% on cut in vehicle prices

Shares of Tata Motors rose over 1 per cent on the Bombay stock Exchange after the company reduced prices of its passenger vehicles by up to Rs 2.17 lakh, making available the GST benefit to its customers. "Following the rollout of GST, we have decided to pass on the entire benefit to our customers.

We are offering a price reduction of up to 12 per cent ranging between Rs 3,300 an

Bajaj Auto slips nearly 2% as stocks turn ex-dividend

Shares of Bajaj Auto fell nearly 2 per cent on the Bombay stock Exchange after stocks turned ex-dividend today. Ex-dividend date is the date on or after which a share is traded without a previously declared dividend. Weighed down by the development, shares of the company declined as much as 1.68 per cent to hit an intra-day low of Rs 2725.05 apiece on the Bombay Stock Exchange.

The st

Shriram EPC zooms over 12% on winning new order

Shares of Shriram EPC rallied over 12 per cent on the Bombay stock Exchange after the company said it has bagged Rs 71 crore contract from the Arulmigu Dandayuthapani Temple located at Palani in Tamil Nadu to build a ropeway. “The scope of this first transportation project work includes design, manufacture, supply, erection, testing, commissioning, operating and maintenance of the second

Venky's (India) extends rally; zooms 80% in one month

Shares of Venky's (India) continued gaining momentum on Wednesday and rallied over 9 per cent on the Bombay stock Exchange prices amid surge in volume trade. In the day’s trade so far, as much as 1.89 lakh shares have changed hand compared to two week average of 0.71 lakh shares. As per data available with exchange, the scrip of company has rallied over 80 per cent in the last one mon

UltraTech up nearly 2% on cut in cement prices

Shares of UltraTech Cement rose nearly 2 per cent on the Bombay stock Exchange after the Aditya Birla Group company said it has reduced prices of its products by 2-3 per cent to pass on the GST benefit to customers. Following the announcement, shares of the company gained as much as 1.84 per cent to hit an intra-day high of Rs 4091.85 apiece on the Bombay Stock Exchange.

The stocks we

RIL rises nearly 2% on buzz over 4G VoLTE handset

Shares of Reliance Industries climbed nearly 2 per cent on the Bombay stock Exchange as investors widened bet on the company on buzz over Rs 500 4G VoLTE handset, which is likely to storm into phone market. According to a report by the Economic Times, Mukesh Ambani-owned Reliance Jio is likely to launch a 4G VoLTE feature phone worth Rs 500 within this month.

Cheering the news, shares

Mahindra & Mahindra shares up 3% on cut in vehicle prices

Shares of Mahindra & Mahindra rose nearly 3 per cent on the Bombay stock Exchange after the auto major said that it has reduced prices of its utility vehicles and SUVs to pass on the GST benefit to customers. Buoyed by the development, shares of the company gained as much as 2.97 per cent to hit an intra-day high of Rs 1395.00 apiece on the Bombay Stock Exchange.

The stocks were c

ABC Bearings hits 52-week on merger approval

Shares of ABC Bearings continued gaining momentum on Wednesday and locked in upper circuit on the Bombay stock Exchange prices after the company said that its board has approved merger with Timken India. As per data available with exchange, the scrip of company has rallied over 60 per cent in the last four trading session from Rs 177 on June 30, 2017.

Extending previous session rally,

SPARC jumps 3% on deal with Samsung BioLogics

Shares of Sun Pharma Advanced Research Company (SPARC) rose over 3 per cent on the Bombay stock Exchange after the drug maker entered into a long-term agreement with South Korea’s Samsung BioLogics for the manufacture of an experimental medicine to treat psoriasis. Following the announcement, shares of the company gained as much as 3.04 per cent to hit an intra-day high of Rs 316.45 apiec

Texmaco Rail zooms 12% on Adventz`s deal with Lesico

Shares of Texmaco Rail & Engineering rallied over 12 per cent on the Bombay stock Exchange after media report suggested that Adventz Group has signed a USD 2 billion-plus agreement with Israel’s Lesico group to collaborate in light rail transit (LRT) projects in Tel Aviv and Jerusalem. Texmaco Rail & Engineering, owned by Adventz Group, will lend its expertise in laying of tracks,

InterGlobe Aviation rises 2% on Air India stake buy plans

Shares of InterGlobe Aviation, the operator of low cost carrier IndiGo, surged over 2 per cent on the Bombay stock Exchange after the company said that its promoters will discuss with investors this week its interest in buying Air India.

Cheering the news, shares of the company gained as much as 2.10 per cent to hit an intra-day high of Rs 1216.75 apiece on the Bombay Stock Exchange.

Sundaram Finance dips nearly 3% as stocks turn ex-dividend

Shares of Sundaram Finance fell nearly 3 per cent on the Bombay stock Exchange prices on turning ex-dividend today. Ex-dividend date is the date on or after which a share is traded without a previously declared dividend.

Weighed down by the development, shares of the company declined as much as 2.71 per cent to hit an intra-day low of Rs 1610.00 apiece on the Bombay Stock Exchange. Th

Just Dial sinks over 5% after CFO resigns

Shares of Just Dial tumbled over 5 per cent on the Bombay stock Exchange prices after India's local search engine company said that Ramkumar Krishnamachari, Chief Financial Officer and Key Managerial Personnel of the company, has submitted his resignation from his post on Monday. Weighed down by the development, shares of the company declined as much as 5.34 per cent to hit an intra-day low

ONGC rises nearly 2% as arm acquires oil block

Shares of Oil & Natural Gas Corporation (ONGC) soared nearly 2 per cent on the Bombay stock Exchange prices after its arm, ONGC Videsh, acquired participating interest in Petroleum Exploration License 0037 Offshore Namibia. Boosted by the development, shares of the company gained as much as 1.60 per cent to hit an intra-day high of Rs 161.60 apiece on the Bombay Stock Exchange.

Th

Shiva Cement extends rally on JSW Steel stake buying

Shares of Shiva Cement continued gaining momentum on Tuesday and rallied nearly 20 per cent on the Bombay stock Exchange prices after JSW Steel hiked stake in the company to over 50 per cent through open market transaction. In the last five trading session, the scrip of the company zoomed as much as 57 per cent from Rs 21.30 on June 28, 2017.

Extending previous session rally, shares o

HCC surges nearly 5% on bagging new order

Shares of Hindustan Construction Company (HCC) rose nearly 5 per cent on the Bombay stock Exchange prices after the company said that its joint venture company bagged an order worth Rs 797.29 crore from the Bangalore Metro Rail Corporation. Following the announcement, shares of the company gained as much as 4.74 per cent to hit an intra-day high of Rs 40.85 apiece on the Bombay Stock Exchange.<

JMC Projects jumps over 4% on winning new order

Shares of JMC Projects (India) advanced over 4 per cent on the Bombay stock Exchange prices after the company said it has secured new orders of Rs 710 crore. “The first order is for two water pipeline projects in the state of Madhya Pradesh totaling Rs 257 crore, while the second order is for four commercial projects in Bangalore and Chennai totaling Rs 340 crore. The company has also bag

Shiva Global Agro spikes nearly 18% on GST bonanza

Shares of Shiva Global Agro Industries surged nearly 18 per cent on the Bombay stock Exchange prices after the government lowered the Goods and Services Tax on fertiliser to 5 per cent from 12 per cent and on tractor parts from 28 per cent to 18 per cent. Buoyed by the development, shares of the company gained as much as 17.88 per cent to hit an intra-day high of Rs 88.00 apiece on the Bombay S

Maruti Suzuki rises nearly 2% on price cut

Shares of Maruti Suzuki India soared nearly 2 per cent on the Bombay stock Exchange prices after the company announced cut in vehicle prices following the implementation of GST from July 1 midnight. According to media reports the company has slashed car between Rs 2,300 and Rs 23,400 per unit unit Cheering the news, shares of the company gained as much as 1.76 per cent to touch intra-day high o

ITC hits 52-week high on strong volume

Shares of ITC surged over 9 per cent on the Bombay stock Exchange amid surge in volume trade as investors widened bet on this company after the implementation of the goods and services tax (GST) from July 1. According to data available with BSE, as much as 16.27 lakh shares have changed hand on the counter till now compared to two-week average of 14.07 lakh shares.

Extending previous

Zandu Realty zooms 20% on merger nod

Shares of Zandu Realty rallied 20 per cent on the Bombay stock Exchange after the company said that its board has approved merger with Emami Infrastructure. The board of directors of the two Emami group companies approved the scheme of amalgamation under which Zandu Realty (ZRL) shareholders will get 7 shares of Emami Infrastructure (EIL) of face value of Rs 2 for every share of face value of R

Unichem Lab receives EIR report for Goa facility

Leading pharma company, Unichem Laboratories Limited has said that the company’s formulations manufacturing facility at Goa has received an Establishment Inspection Report (EIR) from the USFDA. This receipt indicates the successful closure of the inspection and the queries raised during the audit (Form 483). The inspection has now been closed by the USFDA.

The inspection was car

PVV Infra soars nearly 5% on securing new order

Shares of PVV Infra soared nearly 5 per cent on the Bombay stock Exchange after the company said that it has bagged order from Tata Trusts for pre-cast Demo Individual Household Latrine (IHHL) installation at Kesarapalli Village, Krishna District, Andhra Pradesh. Tata Trusts is partnering with Andhra Pradesh Govt.

by developing 264 villages covering 2.5 lacs households in Krishna Dist

InterGlobe Aviation dips after IndiGo eyes stake in Air India

Shares of InterGlobe Aviation, which operates IndiGo airline, fell nearly 5 per cent on the Bombay Stock Exchange (BSE) after expressing unsolicited interest in buying a stake in national carrier Air India. “The company has submitted a letter to the Government of India on Thursday,” InterGlobe Aviation Ltd said in a filing to the Bombay Stock Exchange.

“As the Indian

SpiceJet surges nearly 4% on launch of `Mega Monsoon Sale`

Shares of SpiceJet soared nearly 4 per cent on the Bombay stock Exchange after the aviation company launched a “Mega Monsoon Sale” with one-way fares starting at Rs 699. Last week, the company had signed a letter of intent (LOI) with Bombardier Commercial Aircraft, to buy upto 50 Q400 turboprop airliners for USD 1.7B billion.

Boosted by the development, shares of the compa