RIL, YES Bank, HUL, M&M, Bata India hit new highs
Bata India, Berger Paints, Britannia Industries, Page Ind, Godrej Consumer, L&T Infotech and L&T Technology Services hit new highs today.
 "RIL, YES Bank, HUL, M&M, Bata India hit new highs")
premium
Shares of Reliance Industries (RIL), YES Bank, Mahindra & Mahindra (M&M) and Hindustan Unilever (HUL) from the S&P BSE Sensex hit a new highs on the BSE in intra-day trade after the benchmark index gain 1% on Monday.
Bata India, Berger Paints, Britannia Industries, Page Industries and Godrej Consumer Products from the consumption sector and L&T Infotech and L&T Technology Services from the L&T Group stocks hit their respective record highs today.
3M India, Dewan Housing Finance Limited (DHFL), Indiabulls Ventures, Infibeam Avenues, Torrent Pharmaceuticals and Zensar Technologies were total 17 stocks from the S&P BSE500 index too hit new highs.
Zensar Technologies has rallied 7% to Rs 1,475 in intra-day trade on the BSE. In past three trading session, the stock of RPG Group IT company surged 17% after it reported a stellar industry- leading Y-on-Y revenue growth of 18.1% in the first quarter of the fiscal year (Q1FY19). Zensar Technologies fixed September 10, 2018 as record date for 1:5 stock split (Rs 10 to Rs 2 paid up) to make shares more affordable to small shareholders and to increase liquidity.
Infibeam Avenues too soared 7% to Rs 215 in intra-day deal after the company reported a strong 27% Y-on-Y revenue growth of Rs 913 million in Q1FY19 led by higher transaction volume. The healthy revenue growth was on account of growth in web-services, which includes the core Ecommerce and payments solutions businesses.
The company posted net loss of Rs 139 million mainly due to onetime charge of impairment on investments, provisions, and zero merchant charges on debit card transactions up to Rs 2000 per government mandate where reimbursement amount is not confirmed, it added.
Bata India, Berger Paints, Britannia Industries, Page Industries and Godrej Consumer Products from the consumption sector and L&T Infotech and L&T Technology Services from the L&T Group stocks hit their respective record highs today.
3M India, Dewan Housing Finance Limited (DHFL), Indiabulls Ventures, Infibeam Avenues, Torrent Pharmaceuticals and Zensar Technologies were total 17 stocks from the S&P BSE500 index too hit new highs.
Zensar Technologies has rallied 7% to Rs 1,475 in intra-day trade on the BSE. In past three trading session, the stock of RPG Group IT company surged 17% after it reported a stellar industry- leading Y-on-Y revenue growth of 18.1% in the first quarter of the fiscal year (Q1FY19). Zensar Technologies fixed September 10, 2018 as record date for 1:5 stock split (Rs 10 to Rs 2 paid up) to make shares more affordable to small shareholders and to increase liquidity.
Infibeam Avenues too soared 7% to Rs 215 in intra-day deal after the company reported a strong 27% Y-on-Y revenue growth of Rs 913 million in Q1FY19 led by higher transaction volume. The healthy revenue growth was on account of growth in web-services, which includes the core Ecommerce and payments solutions businesses.
The company posted net loss of Rs 139 million mainly due to onetime charge of impairment on investments, provisions, and zero merchant charges on debit card transactions up to Rs 2000 per government mandate where reimbursement amount is not confirmed, it added.
| COMPANY | LATEST | ALL TIME HIGH | PREV HIGH | PREV DATE |
| 3M INDIA | 25780.00 | 26000.20 | 25725.85 | 17-Aug-18 |
| BATA INDIA | 1028.25 | 1033.00 | 1025.45 | 17-Aug-18 |
| BERGER PAINTS | 332.95 | 337.50 | 337.00 | 17-Aug-18 |
| BRITANNIA INDS. | 6754.85 | 6768.95 | 6630.60 | 17-Aug-18 |
| DEWAN HSG. FIN. | 673.35 | 685.00 | 680.00 | 02-May-18 |
| GODREJ CONSUMER | 1400.15 | 1401.90 | 1380.10 | 26-Jul-18 |
| HIND. UNILEVER | 1780.05 | 1807.75 | 1785.00 | 17-Aug-18 |
| INDIABULLS VENT. | 780.00 | 796.00 | 776.00 | 17-Aug-18 |
| INFIBEAM AVENUES | 208.80 | 215.00 | 201.90 | 17-Aug-18 |
| L & T INFOTECH | 1870.00 | 1900.00 | 1884.95 | 18-Jul-18 |
| L&T TECHNOLOGY | 1584.80 | 1637.00 | 1620.00 | 17-Aug-18 |
| M & M | 972.95 | 981.75 | 968.35 | 17-Aug-18 |
| PAGE INDUSTRIES | 34741.85 | 35049.90 | 34220.30 | 17-Aug-18 |
| RELIANCE INDS. | 1234.00 | 1235.70 | 1231.50 | 09-Aug-18 |
| TORRENT PHARMA. | 1748.00 | 1789.90 | 1774.30 | 17-Aug-18 |
| YES BANK | 395.35 | 404.00 | 395.00 | 17-Aug-18 |
| ZENSAR TECH. | 1475.00 | 1475.00 | 1434.70 | 16-Aug-18 |
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%