Page 737 - Si Reporter

Manpasand Beverages tanks 20% after MD, CFO arrested for GST fraud

As per a CGST Commissionerate statement, the listed beverages company had been running fake units for availing input tax credit (ITC) fraudulently, committing a tax evasion of Rs 40 crore

Indices close at record high; Sensex gains 249 points, Nifty at 11,925

All that happened in the markets today

Rupee opens 12 paise higher at 69.41 against US dollar

The domestic currency on Friday rallied 49 paise to close at 69.53 following a decisive mandate for Narendra Modi-led BJP (Bharatiya Janata Party) in the general elections.

Manpasand Beverages, NIIT Tech, Page Ind, BHEL & ZEEL top stocks to watch

Here's a look at the top stocks that may remain in focus today -

Sensex tanks 383 pts, Nifty holds 11,700 in volatile trade; India VIX up 8%

All that happened in the markets today

Tata Motors skids 8% as Q4 profit slips 47% to Rs 1,117 crore

The management said the industry outlook is not going to be anything different in the short-term due to multiple uncertainties.

JK Cement surges 17% in two days on strong Q4 earnings; hits 52-week high

The company reported 55 per cent YoY jump in its net profit at Rs 150 crore in March quarter.

OMCs under pressure; HPCL, BPCL and Indian Oil Corporation decline up to 6%

In the past three months, HPCL, IOC and BPCL had outperformed the market by surging in the range of 15-33%, as compared to a 10% rise in the S&P BSE Sensex till Monday.

Bajaj Finance joins Rs 2-trillion m-cap club; stock zooms 105% in 14 months

The company recorded a strong 57 per cent YoY growth in net profit at Rs 1,176 crore in March quarter, while net interest income, or NII, grew 50 per cent at Rs 3,394 crore on YoY basis

Torrent Pharma slips 8% after reporting net loss of Rs 152 crore for Q4

The drug firm had posted a consolidated profit of Rs 228 crore in the year-ago quarter.

Tata Motors, Tech Mahindra, Jet Airways and DLF top stocks to watch today

Here's a look at the top stocks that may remain in focus today -

Sensex vaults 1,422 pts, most in 10 years, after exit polls predict NDA win

All that happened in the markets today

Dr Reddy's Laboratories plunges 7% on disappointing Q4 margin

On the YoY basis, the company's gross margin declined by around 100 bps, primarily on account of price erosion, partially offset by new launches and favorable forex rates

Nifty PSU Bank index surges 7%; SBI nears record high

Analysts expect most of the PSU banks to return to profitability during the current financial year 2019-20 (FY20), backed by improvement in the balance sheet

Adani Group shares rally up to 17% as exit polls predict NDA's return

Adani Enterprises, Adani Green Energy, Adani Gas and Adani Power were up 10 to 17 per cent on the BSE in intra-day trade.

Rupee opens 73 paise higher as exit polls show clear majority for NDA

The domestic unit on Friday declined by 20 paise to close at 70.23 against the greenback.

Zuari Agro hits 52-week low as ICRA downgrade credit ratings

According to ICRA, the company's cash generation will remain weak in the near term given the significant agri-stress prevalent in the operating territory of the company

Lumax Industries plunges 11% on weak March quarter results

The company said, the auto OEMs are currently facing a challenging time, which is likely to impact the performance of the auto component industry.

Essel Group shares trade weak; Zee Ent, Zee Media, Dish TV down 10%

ZEE shares have tumbled 10 per cent to Rs 310, falling 28 per cent thus far in the month of May. In comparison, the S&P BSE Sensex dipped 4 per cent during the period.

SRF, DCB Bank,Titan, Merck hit record highs on strong March qtr performance

SRF was up 5.5 per cent to Rs 2,744, surging 18 per cent from Tuesday's low, after the company reported 54 per cent YoY jumped in consolidated net profit at Rs 191 crore in March quarter of FY19.