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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SBI Life Insurance lists at 5% premium to IPO price of Rs 700
Uploading Date : 03-10-2017SBI Life Insurance Company made a quite debut by listing at Rs 735, a 5% premium against its initial public offer (IPO) price of Rs 700 per share on the National Stock Exchange (NSE). At 10:02 AM; the stock was trading at Rs 734 on the NSE. It hit a high of Rs 740 and low of Rs 730 so far. A combined 11.5 million shares exchanged hands on the NSE and BSE...........
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Tata Motors surges 7% on strong September domestic sales
Uploading Date : 03-10-2017Tata Motors surged 7% to Rs 428 on BSE in early morning trade after the company reported a strong 25% increase in domestic sales at 53,965 units in September. The company had sold 43,031 units in September 2016. The stock recorded its sharpest intra-day gain since November 8, 2016, when it rose 6.9% in intra-day trade............
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D-Mart hits new high; shares surge 18% in weak market on heavy volumes
Uploading Date : 26-09-2017Shares of Avenue Supermarts, which owns and operates D-Mart retail chain, on Tuesday, hit a new high of Rs 1,218, up 18% on the National Stock Exchange (NSE) in intra-day trade in an otherwise weak market on heavy volumes.At 1:38 am, the stock was trading 17% higher at Rs 1,209, as against rangebound movement on the Nifty50 index...........
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Realty stocks plunge; IB Real Estate tanks 5%
Uploading Date : 25-09-2017Realty stocks such as Indiabulls Real Estate (down 5.07 per cent), Unitech (down 5.04 per cent), Phoenix Mills (down 4.63 per cent), Delta Corp (down 3.96 per cent), Housing Development & Infrastructure (down 3.34 per cent) and Prestige Estates Projects (down 2.59 per cent) tanked up to 5 per cent in Monday's trade, causing Nifty Realty index extend the losses for the fourth session.............
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