Transformers & Rectifiers: The Gujarat-based electrical power equipment maker rose as much as 5.5 percent, the most since Nov. 30, to Rs 34.50 after it received an order worth Rs 127 crore. With this order, its order book as on date stands at around Rs 937 crore.
Setco Automotive: The Mumbai-based auto component maker rose as much as 14.96 percent, the most in over a year, to Rs 48.40 on the back of strong earnings.
FIEM Industries: Shares of the Haryana-based auto part maker rose as much as 7 percent, the most in nearly six months, to Rs 953.40 after it signed pact with Asia Industry and Toyota Tsusho Corporation, Japan for establishing joint venture company in India to make Fuel Pump Module and IC Connector Assembly for two and three wheelers.
Jubilant Life Sciences: Shares of the Noida-based pharmaceutical company rose as much as 5 percent to Rs 730 after central government's green panel gave go-ahead for setting up a technical grade pesticide manufacturing unit in Gujarat, which would entail an investment of Rs 250 crore, news agency Press Trust of India reported.
Shares of cement companies were trading lower after the Union Petroleum and Natural Gas Minister Dharmendra Pradhan said the government is planning to curb the imports of petroleum coke, also known as 'pet coke', which is believed to be a major polluter, news agency Press Trust of India reported.
Shares of the Haryana-based auto part maker rose as much as 7 percent, the most in nearly six months, to Rs 953.40 after it signed pact with Asia Industry and Toyota Tsusho Corporation, Japan for establishing joint venture company in India to make Fuel Pump Module and IC Connector Assembly for two and three wheelers.
Moody's Investors Service expects oil to remain in the $40-60 per barrel range through 2018.
Recent higher oil prices have been supported by expected global economic growth and production restraint by major producing countries, as well as greater geopolitical risk. However, risks to prices, as seen in mid-2017, still persist including reduced consumption at higher prices and increased supply, said Moody’s Investors Service.
Shares of the Noida-based pharmaceutical company rose as much as 5 percent to Rs 730 after central government's green panel gave go-ahead for setting up a technical grade pesticide manufacturing unit in Gujarat, which would entail an investment of Rs 250 crore, news agency Press Trust of India reported.
An Expert Appraisal Committee (EAC) on industry, set up by the environment ministry, vetted the proposal in a meeting recently, the report said.
Meanwhile, BSE has sought clarification from the company on this development following the news report.
Shares of 63 Moons Technologies which was earlier known as Financial Technologies (FTIL) fell as much as 5 percent, the most since Nov. 14, to Rs 131.10 after the Bombay High Court Dismissed FTIL's writ petition and allowed merger of National Spot Exchange Ltd with Financial Technologies Ltd (FTIL).
The court gave parties 12 weeks for the procedure.
Shares of the automobile company rose as much as 3.1 percent, the most in nearly one month, to Rs 411.25 after its sales rose 58 percent (YoY) to 52,464 units versus 33,274 units in November.
Shares of the country's second largest software exporter rose as much as 2.88 percent, the most since Nov. 23, to Rs 986.40 after its board of directors appointed Salil Parekh as managing director and chief executive officer of the company.
Parekh will take charge from interim CEO UB Pravin Rao on Jan.2, 2018. The development comes nearly four months after Vishal Sikka’s resignation.
Shares of the Mumbai-based educational service provider rose as much as 14.05 percent, the most since Nov. 30, to Rs 92.95 as Subhash Chandra promoted Zee Learn is in talks with MT Educare to buy controlling stake in the company, The Economic Times newspaper reported.
Zee initially plans to buy the entire promoter block of 42.78 percent and will make an open offer for another 20 percent stake, the newspaper reported citing multiple sources.
Shares of the Mumbai-based auto parts maker rose as much as 10.21 percent, the most since Nov. 29, to Rs 46.40.
Shares of the Mumbai-based electronic products maker rose as much as 7.3 percent, the most since Nov. 30, to Rs 55.65 after company raised Rs 144 crore via allotment of shares and warrants to non-promoter group (Ashish Kacholia and others) at Rs 37.53 per share and warrant.
How Indian ADRs fared overnight.https://t.co/5wDZ1O8f1R pic.twitter.com/CUPnh6S8AY
— BloombergQuint (@BloombergQuint) December 4, 2017
Setco Automotive (Q2, YoY)
Mahindra Logistics (H1, YoY)
Escorts Ltd
5Paisa Capital
Digjam Ltd
Sri Adhikari Brothers
Sadbhav Infra
Hubtown
Mold Tek
Apcotex Industries
In an emailed statement after #Infosys announced Parekh as the new CEO, co-founder Murthy expressed his happiness.https://t.co/7IlgZ8LzXv pic.twitter.com/mh4mu6xXWO
— BloombergQuint (@BloombergQuint) December 3, 2017
Brokerage calls this morning. pic.twitter.com/hjzlb6WRNq
— BloombergQuint (@BloombergQuint) December 4, 2017
What you need to know about newly appointed #Infosys CEO Salil S Parekh. https://t.co/7IlgZ93bm5 pic.twitter.com/tYR91q8F1x
— BloombergQuint (@BloombergQuint) December 3, 2017
#JustIn | Senate Republicans pass bill to overhaul U.S. tax code.https://t.co/kNHW5u1oV2 pic.twitter.com/i42b8WzMfs
— BloombergQuint (@BloombergQuint) December 2, 2017
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