ITI, Orchid Pharma zoom over 35% in two days in weak market
Uploading Date : 22-09-2017Shares of ITI and Orchid Pharma rallied up to 19% for the second straight day in an otherwise weak market on the back of positive corporate announcements.ITI has surged 19% to Rs 146, extending its Thursday’s 20% rally on the National Stock Exchange (NSE), after the company announced that it has won Rs 7,000 crore-phase IV tender of Army.......
See full article
Reliance Home Finance shares list on bourses; surge 5%
Uploading Date : 22-09-2017Shares of Reliance Home Finance (RHF), the demerged home finance business of Reliance Capital, hit upper circuit on the listing day. The scrip got list at Rs 104 on BSE and at Rs 102.10 on NSE on Friday. Shares of the company surged 5 per cent to Rs 109.20 on BSE in opening trade, while RHF shares climbed 5 per cent at Rs 107.20 on NSE............
See full article
Bharti Airtel recovers after initial fall; RIL at new high as TRAI cuts IUC
Uploading Date : 20-09-2017Bharti Airtel recouped losses in noon deals to trade at Rs 395 levels after falling nearly 6% to Rs 370 on the Bombay Stock Exchange (BSE). Idea Cellular, on the other hand, continued to trade 2.4% lower at Rs 81 levels. Both these stocks were hammered after the Telecom Regulatory Authority of India (TRAI) cut termination charge for all mobile to mobile calls to 6 paise per minute from 14 paise effective October 1...............
See full article
Block deals in Tata group stocks; shares surge up to 4%
Uploading Date : 19-09-2017Tata Group of companies including Tata Motors, Tata Global Beverages and Tata Chemicals hogged limelight in Tuesday’s trade on account of multiple block deals in early deals. Around 1.12 per cent of equity of Tata Motors exchanged hands in a block deal. Shares of the auto major surged as much as 4.53 per cent in the early trade. The scrip was trading 4.11 per cent up at Rs 422 around 9.30 am (IST)............
See full article
Indiabulls Real Estate slips 7% post huge block deals
Uploading Date : 18-09-2017Indiabulls Real Estate dipped 7% to Rs 232 in intra-day on BSE after more than eight percentage points of total equity of real estate developer changed hands in multiple block deals. At 10:36 am, the stock was trading 5% lower at Rs 238 on BSE and NSE. A combined 41.89 million shares representing 8.8% of total equity of Indiabulls Real Estate have changed hands on both the exchanges, data shows..............
See full article
MIRC Electronics zooms 44% in two days post Q1 results
Uploading Date : 16-09-2017MIRC Electronics has hit the upper circuit for the second straight day, up 20% at Rs 24.16 on BSE after the company on Wednesday reported nearly four-fold jump in net profit at Rs 4.50 crore in June quarter (Q1FY18). The company engaged in consumer electronics business had reported a profit of Rs 1.16 crore in a year ago quarter..............
See full article
Britannia, Bombay Burmah hit new high; Bombay Dyeing up 133% in one month
Uploading Date : 16-09-2017Shares of Wadia Group Companies are on roll with Britannia Industries and Bombay Burmah Trading Corporation hitting their respective record highs, while Bombay Dyeing & Manufacturing Company has appreciated over 100% in the past one month on the BSE..........
See full article
Rane Group stocks rally; Rane (Madras), Rane Engine Valve up over 10%
Uploading Date : 13-09-2017Shares of Rane Group companies rallied by up to 18% on BSE in intra-day trade on back of heavy volumes. Rane (Madras) (up 18% at Rs 580), Rane Engine Valve (17% at Rs 679), Rane Brake Lining (14% at Rs 1,350) and Rane Holdings (12% at Rs 2,019) were up more than 10% on BSE in intra-day trade. On comparison, the S&P BSE Sensex was up 0.25% at 32,242, after hitting high of 32,258 in intra-day deal...........
See full article