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Shares of the government-owned coal miner fell as much as 2.91 percent to Rs 276 after its profit missed Bloomberg consensus estimates in March quarter.
Key earnings highlights:
Caplin Point Labs: The Chennai-based drugmaker fell 9 percent to Rs 541.40. Trading volume was 25.3 times its 20-day average.
Vardhman Textiles: The Ludhiana-based textile manufacturer fell 0.5 percent to Rs 1,247. trading volume was 32.2 times its 20-day average.
General Insurance Corporation: The Mumbai-based general insurer rose 3 percent to Rs 750. Trading volume was 6.2 times its 20-day average.
ITDC: The Delhi-based state-run tourism service provider rose 7 percent to Rs 429. Trading volume was 5.2 times its 20-day average.
BHEL: The Delhi-based heavy electrical equipment maker rose over 5 percent to Rs 83.30 after its profit met Bloomberg consensus estimates in March quarter.
Key earnings highlights:
Reliance Communications: The Anil Ambani-led telecom operator rose as much as 9.80 percent to Rs 16.80 after it informed NCLAT that it has reached an agreement settlement with minority shareholders.
Vista Pharma: The Hyderabad-based drugmaker was locked in a 10 percent upper circuit at Rs 36.90 after it signed an agreement to acquire a complex ANDA for Uro Care. The U.S. market for this brand is $1.3 billion as per the latest IMS data.
ITDC: The Delhi-based state-run tourism service provider rose 7 percent to Rs 429. Trading volume was 5.2 times its 20-day average.
Shares of the country's largest utility vehicle maker rose as much as 2 percent to Rs 868 after it reported March quarter earnings.
Key earnings highlights of M&M and Mahindra Vehicle Manufacturers combined:
The NSE Nifty Auto Index, the third worst performer among sectoral gauges so far this month, is set for its poorest May in six years.
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Buyers and sellers were not immediately known
Source: Bloomberg
Shares of the Hyderabad-based drugmaker came off day's low after it informed exchanges that it has secured patents.
Suven Life Sciences has secured one product patent in New Zealand and one in U.S. for New Chemical Entities (NCE) for the treatment of disorders associated with neurodegenerative diseases.
The stock was down 1.3 percent at Rs 194. Earlier in the day, it fell as much as 1.7 percent to Rs 193.
Buyers and sellers were not immediately known
Source: Bloomberg
Shares of the Delhi-based heavy electrical equipment maker rose over 5 percent to Rs 83.30 after its profit met Bloomberg consensus estimates in March quarter.
Key earnings highlights:
Shares of the Mumbai-based travel company fell as much as 8.12 percent to Rs 198.65 after its profit declined in March quarter.
Key earnings highlights:
Shares of the Tamil Nadu-based power generation company fell after its profit declined in March quarter.
Key earnings highlights:
Shares of the Mumbai-based real estate developer fell as much as 9.3 percent to Rs 48.80 after it reported loss in March quarter.
Key earnings highlights:
Shares of the Bengaluru-based drugmaker pared losses after it clarified that rumours surrounding resignation of statutory auditors of the company are malicious and unfounded.
The stock was down 1 percent at Rs 418.85. Earlier in the day it fell as much as 9.51 percent to intraday low of Rs 383.10.
Buyers and sellers were not immediately known
Source: Bloomberg
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Shares of the Vadodara-based fruit juice maker were locked in a 20 percent lower circuit for second day in a row at Rs 275.40 after its auditor resigned ahead of earnings.
The auditor of Manpasand Beverages resigned because the maker of juices didn’t share “significant information” sought by Deloitte Haskins & Sells for auditing its financial statements.
The company didn’t disclose that when it informed the exchanges about its auditor’s decision to quit just four days before the board was to approve results for the quarter ended March. In a separate statement, the maker of Mango Sip even called it “coincidental” and a “minor hiccup”. But Deloitte Haskins & Sells’ filing to the Registrar of Companies reveals the actual reason.
Shares of the Kakinada-based shrimp producer rose as much as 15 percent to Rs 680 after its profit jumped over two times in March quarter.
Key earnings highlights:
Shares of the Delhi-based flexible packaging company rose as much as 12.68 percent, the most in over 33 months, to Rs 322.50 after it reported March quarter earnings.
Key earnings highlights:
Shares of the Anil Aggarwal-led metals conglomerate fell as much as much as 6.21 percent to Rs 237.90, also its lowest level in over 11 months.
Tamil Nadu government ordered the state pollution control board to seal and “permanently” close the Vedanta Group’s copper plant in Tuticorin after last week’s violent protests saw 13 people killed in police firing.
At least 13 people were killed, and several injured in police firing as the months-long protests in Tuticorin against the closure of Vedanta’s Sterlite Copper unit turned violent last week.
State-run oil marketers hiked petrol and diesel prices for the 16th day in a row.https://t.co/JTVP84jdHi pic.twitter.com/dadtNwEaNW
— BloombergQuint (@BloombergQuint) May 29, 2018
(As reported on May 28)
Shilpa Medicare (Q4, YoY)
United Bank of India (Q4)
NLC India (Q4, YoY) (Standalone)
Rural Electrical Corporation (Q4, YoY)
Does PM Modi deserve a second term, asks @mihirssharma.https://t.co/fYW9xDQ8cw pic.twitter.com/MMhw5N3NSz
— BloombergQuint (@BloombergQuint) May 29, 2018
EU seeks last-minute deal with the U.S. to avoid inflaming global trade tensions.https://t.co/rea3aMqoJB pic.twitter.com/mSO6sUFfEu
— BloombergQuint (@BloombergQuint) May 28, 2018
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