Shares of Suzlon Energy fell for the second day and declined as much as 42.1 percent, the most since Feb. 28, 2013, to Rs 2.75.
The company said that it is regular in servicing its debt obligations including servicing obligations towards banks and others for the month of January, according to its stock exchange filing.
Trading volume was 11 times its 20-day average, Bloomberg data showed. The Relative Strength Index was below 30, indicating that the stock may be oversold.
Shares of the natural gas distributor fluctuated between gains and losses to trade a little changed at Rs 329.40 after it announced its quarterly results for the three months ended December.
Key Earnings Highlights (Q3, QoQ)
Shares of Apollo Tyres fluctuated between gains and losses to trade 1.8 percent higher at Rs 205.40 after announcing its December quarter results.
Key Earnings Highlights (Q3, YoY)
Shares of of the pharmaceutical company falls for the 10th consecutive trading session, its longest losing streak since July 2008.
The stock fell as much as 6.78 percent to Rs 406.70. The Relative Strength Index was below 30, indicating that the stock may be oversold.
Shares of Maruti Suzuki India Ltd. extended gains for the for the sixth day, its best rally since January 2017. The stock rose as much as 1.6 percent to Rs 7,100.
The scrip has risen 8.7 percent in the past five days and fell 1.9 percent in the past 30 days.
Corrects earlier version that misstated Shares rose after results announcement.
CESC (Q3, YoY)
BHEL (Q3, YoY)
Tata Global Beverages (Q3, YoY)
Shares of Symphony Ltd. fell as much as 6.9 percent to Rs 1,130.10 after its quarterly profit in the three months ended December declined 43 percent.
Key Earnings Highlights (Q3, YoY)
Punjab National Bank posted a surprise profit in the three months ended December.
Shares of the lender rose 3.6 percent to Rs 75.80 after the results announcement. That compared 0.9 percent advance in the NSE Nifty PSU Bank Index.
Key Earnings Highlights (Q3, YoY)
Nifty’s 11,000 call option contract was among the most active Nifty option contracts on National Stock Exchange.
Premium on the contract plunged 2.9 percent to Rs 118.85. Over 2.45 lakh shares were added to the open interest which stood at over 36.13 lakh shares.
Nikkei India Services Purchasing Managers' Index stood at 52.2 in January from 53.2, clocked in the preceding month.
Shares of the oil marketing company fell for the second day ahead of its results announcement. The stock fell a much as 1 percent to Rs 224.25.
Here’s what analysts tracked by Bloomberg expects the company to report on a sequential basis in its December quarter earnings:
Shares of the world’s largest coal miner fluctuated between gains and losses to trade a little changed at Rs 222.20.
The company approved a buyback of 4.46 crore equity shares or 0.72 percent of outstanding equity shares at Rs 235 per share aggregating up to Rs 1,050 crore, according to its stock exchange filing.
The stock traded at 8.5 times its estimated earnings per share for the coming year, Bloomberg data showed.
Why Bharti Airtel Won’t Be Worried About Losing #2 Spot
Indian equity benchmarks fluctuated between gains and losses in the opening trade after rallying in the last three trading sessions.
The S&P BSE Sensex Index rose 0.1 percent to 36,632 as of 9:18 a.m. and the NSE Nifty 50 Index rose 0.1 percent to 10,923.75.
Nine out of 11 sectoral gauges compiled by NSE advanced, led by the NSE Nifty Media Index’s 0.5 percent gain. On the flipside, the NSE Nifty Metal Index was the top sectoral loser, down 0.17 percent.
Here's quick look at the corporate insider trades reported on Monday.
— BloombergQuint (@BloombergQuint) February 5, 2019
Read: https://t.co/6UblrbAFxh pic.twitter.com/K8ARm0aeD4
In Ban:
New in Ban:
Morgan Stanley on Future Retail
CLSA on Future Lifestyle
CLSA on Aditya Birla Fashion
HSBC on JSPL
UBS on SRF
UBS
Nomura
Voltamp Transformers
Godrej Agrovet (Q3, YoY)
SRF (Q3, YoY)
Future Retail (Q3, YoY)
Balrampur Chini Mills (Q3, YoY)
Novartis (Q3, YoY)
NRB Bearing (Q3, YoY)
Jubilant Found Guilty Of Not Passing GST Benefit On Sale Of Domino’s Pizza
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