ITDC jumps 10% on pact with MP, Assam and Rajasthan government

Shares of India Tourism Development Corporation (ITDC) surged 10 per cent on the Bombay Stock Exchange after the company inked pact with Government of Madhya Pradesh (MP), Assam and Rajasthan for transfer of equity stake of the company in the joint venture subsidiary companies.

“The company has entered into MoUs with Government of Madhya Pradesh Assam and Rajasthan for transfer

Prism Cement hits 52-week high on winning new order

Shares of Prism Cement rallied over 9 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company said it received Letter of Intent from Madhya Pradesh government for allotment of cement grade limestone mining lease. Buoyed by the development, shares of the company gained as much as 9.40 per cent to hit 52-week high of Rs 129.10 apiece on the Bombay Stock Exchange.

Lupin hits 52-week low on US observations

Shares of drug maker Lupiun fell over 1 per cent on the Bombay Stock Exchange, hitting 52-week low, after media report suggested that US FDA has issued Form 483 with three observations to company’s Goa plant. Reacting to the news, shares of the company declined as much as 1.31 per cent to hit 52-week low of Rs 1319.60 apiece on the Bombay Stock Exchange.

The scrip was currently

MSR India rises over 2% on winning new order

Shares of MSR India spurted over 2 per cent on the Bombay Stock Exchange after the company bagged Rs 2.4 mn work order from ISRO (Vikram Sarabhai Space Centre). “The company has bagged Rs 2.4 mn work order from ISRO, Department of Space, Vikram Sarabhai Space Centre,” said MSR India in a filing to the Bombay Stock Exchange on Wednesday.

Extending previous session rally, sh

Axis Bank dips nearly 3% on disappointing Q4

Shares of Axis Bank fell nearly 3 per cent on the Bombay Stock Exchange after the private sector lender reported a fall of 43.1 per cent in its net profit after tax at Rs 1,225.10 crore for the quarter ended March 31, 2017, on the back of higher provisions. Weighed down by Q4, shares of the bank declined as much as 2.64 per cent to hit intra-day low of Rs 503.60 apiece on the Bombay Stock Excha

KSB Pumps dips nearly 3% on weak Q1

Shares of KSB Pumps fell nearly 3 per cent on the Bombay Stock Exchange after the company reported a 20.83 per cent decline in its standalone net profit at Rs 13.34 crore during the three months ended March 31, 2017, compared to Rs 16.85 crore in the year ago quarter. Extending previous session losses, shares of the company declined as much as 2.75 per cent to hit intra-day low of Rs 699.00 api

Petron Engineering hits roof bagging new order

Shares of Petron Engineering Construction zoomed 20 per cent and locked in upper circuit on the Bombay Stock Exchange after the company said that it has received work order worth Rs 110.00 crores from Guruashish Construction Pvt. Ltd., HDIL Towers, Bandra (East), Mumbai, for building structure works at Goregaon (West), Mumbai.

Driven by new work order, shares of company gained as much

MCX up over 2% as SEBI allows options trading in commodity derivatives

Shares of Multi Commodity Exchange of India (MCX) rose over 2 per cent on the Bombay Stock Exchange after capital market regulator Securities and Exchange Board of India (SEBI) allowed options trading in commodity derivatives to boost liquidity.

Buoyed by the development, shares of company gained as much as 2.58 per cent to hit intra-day high of Rs 1,250.00 apiece on the Bombay Stock

Lakshmi Vilas Bank nosedives nearly 11% on profit booking

Shares of Lakshmi Vilas Bank plunged nearly 11 per cent on the Bombay Stock Exchange amid profit booking after private sector lender reported a 6.2 per cent rise in its fourth quarter profit at Rs 52.16 crore, against Rs 49.07 crore in the year-ago quarter.

Weighed down by profit booking, shares of the bank declined as much as 10.75 per cent to hit intra-day low of Rs 175.00 apiece on

NBCC hits 52-week high on plan to sell assets of sick PSUs

Shares of NBCC (India) jumped nearly 4 per cent, hitting 52-week high, on the Bombay Stock Exchange after state-run company said that it plans to sell land and other immovable assets of five sick public sector units. Following the announcement, shares of Navratna company gained as much as 3.91 per cent to hit 52-week high of Rs 201.75 apiece on the Bombay Stock Exchange.

The scrip was

Reliance Capital hits 52-week high as arm posts strong result

Shares of Reliance Capital soared nearly 3 per cent on the Bombay Stock Exchange after its arm, Reliance Home Finance, reported an over threefold jump in its net profit at Rs 130.74 crore during the six months ended March 31, 2017, compared to Rs 41.84 crore in the corresponding period of previous fiscal.

Boosted by strong Q4 of Reliance Home Finance, shares of the company gained as m

Allcargo Logistics surges over 10% amid block deal

Shares of Allcargo Logistics spiked over 10 per cent on the Bombay Stock Exchange amid spurt in volume trade following block deal. According to data available with BSE, as much as 15 per cent of total equity of the company have changed hands through block deal on the counter.

 Driven by block deal, shares of the company gained as much as 10.46 per cent to hit intra-day high of Rs

IDFC Bank surges nearly 7% on strong Q4

Shares of IDFC Bank rallied nearly 7 per cent on the Bombay Stock Exchange after private sector lender reported a 6.6 per cent rise in its fourth quarter profit at Rs 176 crore, against Rs 165.1 crore in the year-ago quarter.

 Following the Q4 numbers, shares of the bank gained as much as 6.81 per cent to hit intra-day high of Rs 63.50 apiece on the Bombay Stock Exchange.

Nucleus Software Exports hits 52-week high on share buyback plan

Shares of Nucleus Software Exports zoomed over 16 per cent on the Bombay Stock Exchange after the company said that its board has approved buyback of shares at a price not exceeding Rs 350 per share through tender offer.

Buoyed by the development, shares of the company gained as much as 16.01 per cent to hit 52-week high of Rs 329.50 apiece on the Bombay Stock Exchange. The scrip was

PNC Infratech hits record high on completion of road project in Rajasthan

Shares of PNC Infratech zoomed over 6 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company said it has received a letter from National Highways Authority of India regarding the achievement of Financial Closure on April 03, 2017 for the project 'four laning / two laning with paved shoulders from 0.00 km to 83.453 km of Dausa-Lalsot-Kauthun section of NH-11 A (Extens

BHEL soars nearly 4% on bagging export order

hares of Bharat Heavy Electricals Limited (BHEL) jumped over 4 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company said it has received its largest ever export order, valued at Rs 10,000 Crore (USD1.5 billion), for setting up 1,320 MW (2x660 MW) Maitree Super Thermal Power Project in Bangladesh.

Buoyed by the development, shares of the company gained as much

Jubilant Life surges nearly 6% on USFDA nod for hypertension drug

Shares of Jubilant Life Sciences jumped nearly 6 per cent on the Bombay Stock Exchange after biopharma major said it has received Abbreviated New Drug Application (ANDA) final approval for Olmesartan Medoxomil Tablets, 5 mg, 20 mg, and 40 mg, the generic version of Benicar of Daiichi Sankyo, which is used for the treatment of hypertension.

Following the announcement, shares of the com

Rallis India falls 6% on weak Q4

Shares of Rallis India tumbled 6 per cent on the Bombay Stock Exchange after the company reported a 10 per cent dip in its consolidated net profit at Rs 31 crore for the quarter ended March 2017 (Q4FY17), compared to Rs 34.5 crore in year ago quarter.

Weighed down by disappointing Q4, shares of the company declined as much as 6.04 per cent to hit intra-day low of Rs 235.50 apiece on t

Biocon hits record high on bonus issue pla

Shares of Bangalore-based Biocon rallied over 9 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company said that its board would meet on Aril 27, 2017, to consider issue of bonus shares.

Following the announcement, shares of the company gained as much as 9.57 per cent to hit 52-week high of Rs 1168.00 apiece on the Bombay Stock Exchange.

The scrip was

Ultratech Cement extends rally; scrip hits 52-week high

Shares of Ultratech Cement continued gaining streak for the second day on Tuesday and rose nearly 2 per cent, hitting 52-week high, on the Bombay Stock Exchange undermining weak earnings report. A part of the Aditya Birla Group and division of Grasim Industries, the company has reported a 11.24 per cent decline in its consolidated net profit at Rs 726 crore during the January-March quarter of 2

RIL hits fresh 52-week high on robust Q4

Shares of Reliance Industries rallied over 3 per cent, hitting 52-week high, on the Bombay Stock Exchange after Mukesh Ambani-led company reported better-than-expected growth of 12.3 per cent in its consolidated net profit after taxes at Rs 8,046 crore for the January-March quarter of FY17, buoyed by higher refining and petrochemical margins.

Driven by string Q4, shares of the company

Lumax Ind zooms over 13% on winning new order

Shares of Lumax Industries rallied over 13 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company after the company said it has bagged order to supply new age headlamps and rear lamps for the new generation Maruti Suzuki Swift.

Boosted by the development, shares of the company gained as much as 13.48 per cent to hit 52-week high of Rs 1540.00 apiece on the Bomb

Dilip Buildcon hits 52-week on emerging as lower bidder for Goa airport work

Shares of Dilip Buildcon rallied nearly 7 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company said that the Airport Authority of India has declared the company as Lowest -1 (L-1) bidder for Construction of Parallel Taxi Track and associated civil & electrical works at Dabolim Airport, Goa.

Following the announcement, shares of the company gained as much

ACC jumps over 6% as Q1 beats estimates

Shares of ACC rallied over 6 per cent on the Bombay Stock Exchange after the company reported a fall of 8.9 per cent in its consolidated net profit after taxes (PAT) at Rs 211.06 crore for the first quarter ended March 31, 2017, albeit, beating analysts estimates of Rs 162 crore, helped by higher sales volume. Following Q1, shares of the cement maker gained as much as 6.32 per cent to hit intra

Divi's Lab hits 52-week low as USFDA issues warning letter

Shares of Divi's Laboratories dipped nearly 4 per cent, hitting 52-week low, in early trade on the Bombay Stock Exchange after the company said that the US-FDA has issued a warning letter for the company's Unit-II at Visakhapatnam.

Reacting to the news, shares of the company declined as much as 3.82 per cent to hit 52-week low of Rs 607.00 apiece on the Bombay Stock Exchange.