Aries Agro zooms 41% in two days as ace investor Vijay Kedia buys 2% stake
Uploading Date : 17-10-2017Aries Agro soared 18% to Rs 244, extending its previous day’s rally on the National Stock Exchange (NSE) after ace investor Vijay Kishanlal Kedia hiked stakes in the fertiliser company by nearly two percentage points via open market purchases. The stock is now trading at its 52-week high level, surging 41% in the last two trading sessions from Rs 172.45 on Friday, October 13...........
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Bajaj Finance's Q2 profit up by 37% at Rs 557 cr
Uploading Date : 17-10-2017Bajaj Finance, the lending subsidiary of Bajaj Finserv, has posted a heavy rise in profit in the quarter ended September on the back of rising net interest income (NII) and growth in assets under management (AUM) with new loans booked...............
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Bharti Airtel hits two-year high; stock up 16% in one week
Uploading Date : 16-10-2017Bharti Airtel has hit a two-year high of Rs 441, up 2% in intra-day trade, extending its past four day gain on the BSE, after the company on Friday, October 13, said it had agreed with Tata Teleservices Limited (TTSL) and Tata Teleservices Maharashtra (TTML), to combine their consumer mobile business (Tata CMB) with Bharti................
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Bharat Financial hits 52-week high; IndusInd Bank dips 3% on merger
Uploading Date : 16-10-2017Bharat Financial Inclusion hit its 52-week high of Rs 1,047, up 4.4%, while IndusInd Bank dipped 3% to Rs 1,700 on the BSE in intra-day trade after the board of respective companies approved a merger of the two entities to create a stronger and more sustainable platform for financial Inclusion. Upon the Scheme becoming effective, Bharat Financial Inclusion will stand merged into IndusInd Bank..............
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RIL Q2 net up 13% to Rs 8,097 crore; Jio surprises with operating profit
Uploading Date : 14-10-2017In its first quarter of commercial operations, Reliance Industries Ltd’s (RIL’s) telecom business, Jio, sprang a surprise by posting a profit of Rs 1,443 crore at the operating level for the three months ended September. The strong profitability of RIL's petrochemicals business, with profit margins at a 10-year high, was another surprise element.............
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TCS turns flat after gaining over 2%; brokerage views mixed post Q2
Uploading Date : 14-10-2017Tata Consultancy Services, country’s largest software services firm, gained over 2% to Rs 2,605 in intraday trade on Friday after the company reported 2.16% year-on-year drop in net profit at Rs 6,446 crore, while revenue grew 4.3% to Rs 30,541 crore. At 9:45 am, the stock was trading at Rs 2568.45, up 0.7% on the BSE.............
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Jewellery stocks gain up to 9% after govt withdrawal of PMLA compliance
Uploading Date : 09-10-2017Shares of jewellery companies were trading higher by up to 9% on BSE in early morning trade on expectation of revival in sales after the government revoked an order that mandated PAN and Aadhaar cards for purchases above Rs 50,000. Titan Company, Tribhovandas Bhimji Zaveri (TBZ), Thangamayil Jewellery and PC Jeweller were up in the range of 3% to 9% on BSE............
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Shakti Pumps, KSB Pumps up over 5% after GST rate cut
Uploading Date : 09-10-2017Sobha surged 9% to Rs 426 on the BSE in intra-day trade after the company said that it achieved new sales value of Rs 593 crore in July- September quarter (Q2FY18) was the highest in the past 10 quarters. The real estate developer had reported sales value of Rs 518 crore in the same quarter last fiscal...............
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