BEML gains nearly 3% as Q3 net profit zooms 2-fold

Shares of BEML surged nearly 3 per cent on the Bombay Stock Exchange after the defence equipment manufacturer reported over two-fold growth in net profit at Rs 21.74 crore for the October-December quarter of 2016 compared to Rs 9.73 crore at the end of third quarter of last fiscal.

Boosted by strong Q3, shares of company gained as much as 2.68 per cent to hit an intra-day high of Rs 1

Hindustan Petroleum Corporation Limited falls over 4% post Q3

Shares of Hindustan Petroleum Corporation Limited (HPCL) tumbled over 4 per cent on the Bombay Stock Exchange even after the state-run company reported a 52.73 per cent growth in its net profit at Rs 1,590.31 crore for the quarter ended December 31, 2016, from Rs 1,041.25 crore in the year ago period.

Following the Q3 earnings, shares of company declined as much as 4.44 per cent to hi

AIA Engineering hits fresh 52-week high post Q3

Shares of AIA Engineering rose over 4 per cent, hitting fresh 52-week high, on the Bombay Stock Exchange the company reported a 7.6 per cent growth in its consolidated net profit at Rs 120 crore for the quarter ended December 2016, from Rs 102 crore in the year ago period.

Driven by strong Q3, shares of company gained as much as 4.04 per cent and touched 52-week high in intra-day trad

GVK Power hits 52-week high on winning Navi Mumbai airport deal

Shares of GVK Power & Infrastructure zoomed over 16 per cent, hitting 52-week high, on the Bombay Stock Exchange after media reported that the GVK group, has won a contract worth Rs 16,000 crores to build Navi Mumbai International Airport (NMIA), beating rival GMR group.

Buoyed by the development, shares of company gained as much as 16.66 per cent and touched 52-week high in intra

Suzlon Energy hits record high on robust Q3

Shares of Suzlon Energy zoomed over 11 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported a consolidated net profit of Rs 274.34 crore for the third quarter ended December 2016, compared to net loss of Rs 121.84 crore in the year ago period.

Buoyed by strong Q3, shares of company gained as much as 11.04 per cent and touched 52-week high in intra-da

Balrampur Chini Mills hits 52-week high as Q3 profit surges

Shares of Balrampur Chini Mills rallied over 5 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported more than two-fold growth in net profit at Rs 175 crore in December 2016 quarter, from Rs 87 crore in the year ago quarter.

Buoyed by strong earnings, shares of company gained as much as 5.40 per cent and touched 52-week high in intra-day trade at Rs 1

Crompton Greaves tanks nearly 7% post Q3

Shares of Crompton Greaves tumbled nearly 7 per cent on the Bombay Stock Exchange even after the company reported a net profit of Rs 95.73 crore in the December quarter of 2016, compared with net loss of Rs 95.73 crore in the year ago quarter.

Following the Q3 earnings, shares of company declined as much as 6.67 per cent to hit intra-day low of Rs 66.45 apiece on the Bombay Stock Exch

Shreyas Shipping zooms 20% on robust Q3

Shares of Shreyas Shipping & Logistics rallied 20 per cent on the Bombay Stock Exchange after the company reported more than three-fold growth in consolidated net profit at Rs 10.68 crore in December 2016 quarter, from Rs 3 crore in the year ago quarter.

Boosted by strong earnings, shares of company gained as much as 20 per cent to hit intra-day high of Rs 289.65 apiece on the Bom

SRF tanks over 9% on disappointing Q3

Shares of Gurgaon-based SRF tumbled over 9 per cent on the Bombay Stock Exchange after the company’s net profit fell short of expectations and grew by 8 per cent year-on-year at Rs 105 crore for the quarter ended December 2016 (Q3). Weighed down by lower-than-expected earnings, shares of company declined as much as 9.53 per cent to hit intra-day low of Rs 1585.10 apiece on the Bombay Stoc

Bank of Baroda falls nearly 9% on decline in equity capital

Shares of Bank of Baroda plunged nearly 9 per cent on the Bombay Stock Exchange after media reported that the public sector lender’s equity capital shrunk on reinterpretation of RBI rules.

As per Business Standard report, the bank’s common equity tier I capital (CET-I) in absolute terms declined sharply from Rs 39,632 crore at the end of the second quarter in September 201

Hindustan Motors hits 52-week high post selling Ambassador

Shares of Hindustan Motors, Indian automotive manufacturer based in Kolkata, zoomed over 16 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company said it has executed an agreement with European auto major Peugeot SA for the sale of the Ambassador brand, including the trademarks, for a consideration of Rs 80 crore.

Following the announcement, shares of company

Idea Cellular dips over 7% on disappointing Q3

Shares of Idea Cellular fell over 7 per cent on the Bombay Stock Exchange even after the company reported a net loss of Rs 383.88 crore for the quarter ended December 31, 2016, compared to net profit of Rs 659.35 crore in the prior year period.

Following the Q3 earnings, shares of telecom major declined as much as 7.56 per cent to hit intra-day low of Rs 102.00 apiece on the Bombay St

Bata India falls over 4% on disappointing Q3

Shares of Bata India tanked over 4 per cent on the Bombay Stock Exchange after the company reported a 15.9 per cent year-on-year decline in its standalone net profit at Rs 37.70 crore for the December quarter of 2016. Weighed down by Q3 earnings, shares of company declined as much as 4.07 per cent in intra-day trade to Rs 487.60 apiece on the Bombay Stock Exchange. In a similar fashion, stocks

Grasim Ind jumps over 5% on inclusion in MSCI India Index

Shares of Grasim Industries jumped over 5 per cent on the Bombay Stock Exchange after the US index provider MSCI included the scrip to its India Index. Boosted by the development, shares of company gained as much as 5.33 per cent to hit an intra-day high of Rs 1023.80 apiece in intra-day on the Bombay Stock Exchange.

In a similar fashion, stocks of firm advanced 3.10 per cent to Rs 1,

Torrent Power plunges nearly 7% on weak Q3

Shares of Torrent Power tumbled nearly 7 per cent on the Bombay Stock Exchange after the company reported a 70 per cent decline in its consolidated net profit at Rs 106.66 crore for the December quarter of 2016 compared to Rs 359.08 crore in the year ago period.

Weighed down by Q3 earnings, shares of company declined as much as 6.84 per cent in intra-day trade to Rs 193.85 apiece on t

GPT Infraprojects gains nearly 4% on winning new project

Shares of GPT Infraprojects rallied nearly 4 per cent on the Bombay Stock Exchange after the company said that it has bagged an order valued at Rs. 217 crore from Rail Vikas Nigam Ltd. The bagged order is for construction of steel girder bridges in a time span of 36 months.

Following the announcement, shares of company gained as much as 3.90 per cent to hit an intra-day high of Rs 261

Aptech extends gain on Ashish Kacholia stake buying

Shares of Aptech continued gaining streak for the second day and soared over 5 per cent, hitting 52-week high, on the Bombay Stock Exchange after ace investor Ashish Kacholia acquired more than 2 per cent stake in the company for Rs 20 crore through open market transaction.

Extending previous session rally, shares of company gained as much as 5.40 per cent to hit 52-week high of Rs 25

Aurobindo Pharma falls over 3% on bourses

Shares of Aurobindo Pharma dipped over 3 per cent on the Bombay Stock Exchange amid profit booking after the company said that it has acquired four cell culture derived biosimilar products from TL Biopharmaceutical AG.

Weighed down by profit booking, shares of company declined as much as 3.59 per cent in intra-day trade to Rs 681.00 apiece on the Bombay Stock Exchange. In a similar fa

Jubilant Ind plunges nearly 14% post Q3

Shares of Jubilant Industries tumbled nearly 14 per cent on the Bombay Stock Exchange after the company reported a consolidated net loss of Rs 5.59 crore for the October-December quarter of 2016.

Weighed down by Q3 earnings, shares of company declined as much as 13.75 per cent to hit intra-day low of Rs 328.20 apiece on the Bombay Stock Exchange. In a similar fashion, stocks of firm f

Sunteck Realty jumps over 5% on biz expansion plan

Shares of Sunteck Realty soared over 5 per cent on the Bombay Stock Exchange after the realty player unveiled plan to invest up to Rs 1,000 crore over the next two years in affordable housing projects.

Boosted by the development, shares of company gained as much as 5.15 per cent to hit intra-day high of Rs 259.00 apiece on the Bombay Stock Exchange. In a similar fashion, stocks of fir

Manappuram Finance zooms nearly 13% on robust Q3

Shares of Manappuram Finance rallied nearly 13 per cent on the Bombay Stock Exchange after the company reported more-than-double growth in its consolidated net profit at Rs 203 crore for the quarter ended December 2016 (Q3FY17) compared to Rs 100 crore in the year ago quarter.

Buoyed by strong Q3, shares of company gained as much as 12.96 per cent to hit intra-day high of Rs 105.00 ap

Union Bank dips nearly 9% on concerns over rising NPAs

Shares of Union Bank of India plunged nearly 9 per cent on the Bombay Stock Exchange after the public sector lender reported sharp rise in its gross non-performing assets to 11.70 per cent in the October-December quarter from 7.05 per cent in the prior year.

Meanwhile, the state-run bank has posted a net profit of Rs 104 crore in Q3 FY17 against Rs 78.54 crore posted in the same quart

SKF India surges over 4% on share buyback plan

Shares of SKF India jumped over 4 per cent on the Bombay Stock Exchange after the company said that its board would consider a proposal for buy-back of equity shares of the company in the meeting to be held on February 13, 2017.

Following the announcement, shares of company gained as much as 4.55 per cent to hit intra-day high of Rs 1422.00 apiece on the Bombay Stock Exchange. In a si

Bank stocks under pressure ahead of RBI policy outcome

Shares of financial companies were trading lower in early trade as caution prevailed in the market ahead of the Reserve Bank policy review later today. There is strong optimism in the market that the Reserve Bank may lower rate as easing inflation create room for a possible rate cut.

According to industry experts, RBI will cut interest rate by at least 25 basis points as the demonetiz

NHPC hits lower circuit on share buyback plan

Shares of NHPC dipped nearly 2 per cent and locked in lower circuit on the Bombay Stock Exchange after the state-controlled company said that its board has approved stock buyback proposal and fixed price at Rs 32.25 apiece.

Weighed down by the development, shares of company declined as much as 1.75 per cent to hit intra-day low of Rs 30.70 apiece on the Bombay Stock Exchange. In a sim