Godrej Agrovet shares gain 29% in stellar market debut
Uploading Date : 20-10-2017Shares of Godrej Agrovet ended with 29 per cent gains during their trading debut on Monday. The stock ended at Rs 592 compared to Initial Public Offer (IPO) price of Rs 460 per share on the National Stock Exchange (NSE). The stock touched a high of Rs 630 and a low of Rs 563.4 on the NSE with a total of Rs 1,441 crore worth of shares changing hands.
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UltraTech Cement Q2 profit falls 28% to Rs 431 cr due to higher expenses
Uploading Date : 20-10-2017UltraTech Cement Ltd posted a 28 percent fall in second-quarter profit, but beat street estimates, hurt by higher expenses. Standalone profit fell to Rs 431.2 crore rupees for the quarter ended Sept. 30, from Rs 601 crore rupees a year ago, the company said on Wednesday.........
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Axis Bank Q2 net jumps 36% to Rs 432 cr but bad loans rise
Uploading Date : 18-10-2017Axis Bank on Tuesday reported 36 per cent year-on-year growth in its second-quarter net profit, aided by low provisioning. Asset quality numbers worsened significantly on the Reserve Bank of India’s (RBI’s) assessment of its previous financial year numbers...........
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Bajaj Auto Q2 profit falls marginally to Rs 1,112 crore
Uploading Date : 18-10-2017Bajaj Auto on Tuesday reported a 1% fall in its net profit to Rs 1,112 crore for the second quarter, compared to the corresponding period last year, sending the stock price to hit a new high of Rs 3,310. The company had reported a Rs 1,123 crore — the best quarterly figure — net profit in the second quarter of last financial year..................
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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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