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Shares of the Mumbai-based cement maker rose as much as 7.55 percent, the most in nearly 10 months, to Rs 1,707 after it reported strong earnings in October-December quarter.
Key earnings highlights:
Shares of the Delhi-based electrical power equipment maker rose 1.4 percent to Rs 95.6 after it reported December quarter earnings.
Key earnings highlights:
Shares of the Bangalore-based innerwear maker rose as much as 5.6 percent, the most in a month, to Rs 20,438 after its profit beat consensus earnings estimates compiled by Bloomberg.
Key earnings highlights:
Buyers and sellers were not immediately known
Source: Bloomberg
Shares of the Kolkata-based electricity supplier rose as much as 3 percent to Rs 1,007.95 after its net profit in December quarter met earnings Estimates compiled by Bloomberg.
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Shares of the Ahmedabad-based drug maker rose as much as 5.4 percent, the most in nearly six months, to Rs 417.60 after its net profit beat consensus earnings estimates compiled by Bloomberg.
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Shares of the Pune-based auto component maker rose as much as 4.7 percent to Rs 740 after its net profit beat consensus earnings estimates compiled by Bloomberg.
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Shares of the Mumbai-based specialty pharma company rose as much as 10 percent to record high of Rs 280 after it reported strong October-December quarter earnings and its board approved a proposal to buyback of 34.30 lakh shares at Rs 350 apiece.
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Galaxy Surfactants Ltd. listed at a premium of 13 percent at Rs 1,525 per share on the NSE Ltd., compared to its issue price of Rs 1,480 apiece. The stock rose as much as 13.1 percent to Rs 1,674 thereafter.
The speciality chemicals manufacturer’s Rs 937 crore initial public offer was subscribed 20 times. The IPO was an offer for sale by existing shareholders and the company is not raising capital.
The portion reserved for qualified institutional buyers (QIBs) was subscribed 54.27 times, non-institutional investors 6.96 times and retail investors 6.01 times, as per NSE data.
Shares of the Ludhiana-based winter wear maker rose as much as 7.14 percent, the most since Jan. 23, to Rs 601 after it reported strong December quarter earnings.
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Shares of billionaire Anil Agarwal-led group fell as much as 3.34 percent to Rs 305.15 after the Supreme Court cancelled all the 88 iron ore mining leases renewed by the Goa government.
The apex court yesterday ordered that no mining activity will continue in the state post March 15, and the government will have to grant fresh leases through auctions. Vedanta stands to lose Rs 1,000 crore revenue following the ban, reported BloombergQuint yesterday.
Shares of the Mumbai-based drug maker rose as much as 6.85 percent, the most in three months, to Rs 608.25 after Morgan Stanley upgraded its stock to ‘Overweight’ from ‘Underweight’ and raised its target price to Rs 716 from Rs 555.
Shares of the Pune-based specialty chemical maker rose as much as 3.89 percent to Rs 2,240 after Angel Broking initiated coverage on the stock with a buy for target price of Rs 2,500 per share.
Angel Broking in a report said:
Shares of the Delhi-based flexible packaging company fell as much as 7.4 percent to Rs 365 after its net profit declined in October-December quarter due to commissioning of Sanand plant.
Key earnings highlights:
Rupee opens at 64.35 per dollar against yesterday's close of 64.28.
Only intraday positions can be taken in stocks which are in F&O ban. There is a penalty in case of rollover of these positions.
Macquarie's Upasana Chachra reads the policy statement as neutral (not hawkish) with a cautious tone highlighting potential risks to inflation. #RBIPolicy https://t.co/4Crhv7NYti pic.twitter.com/Ja63aj7yJo
— BloombergQuint (@BloombergQuint) February 8, 2018
Aurobindo Pharma’s Q3 profit misses estimates on one-time tax charge. #Q3WithBQ https://t.co/9upBuPRsRS pic.twitter.com/q85F4unLMm
— BloombergQuint (@BloombergQuint) February 8, 2018
These stock pickers cheer volatility as a sign of normal times.https://t.co/2yIZgihnxy pic.twitter.com/kieRoiBRfx
— BloombergQuint (@BloombergQuint) February 8, 2018
Shankara Building Products
Vedanta stands to lose Rs 1,000 crore revenue after Goa iron ore ban.https://t.co/5Yp7f5QtNv pic.twitter.com/bK9naKTiQF
— BloombergQuint (@BloombergQuint) February 8, 2018
#BQOpinion | Urjit Patel’s smile hides a tough message for New Delhi, writes @dugalira. #RBIPolicy https://t.co/XlDr2rUiFS pic.twitter.com/yri89EP7Ki
— BloombergQuint (@BloombergQuint) February 8, 2018
Base metals sell-off in London, LMEX Index down over 2%. https://t.co/PSReaxRR2c pic.twitter.com/3ClKJsaJnV
— BloombergQuint (@BloombergQuint) February 8, 2018
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