Page 956 - Si Reporter

Vindhya Telelinks zooms 20% on robust Q4 results

The company reported standalone net profit at Rs 36.20 crore in March quarter as against Rs 9.60 crore in the year-ago quarter.

Nifty hovers near 8,300; Sensex up 100 points

Timely monsoon forecast and slowdown in foreign funds outflows has lifted the trading sentiments

Tata Motors rights issue shares start trading

The rights issue was over-subscribed by 1.21 times and Tata Motors collected an amount of Rs 9,040.56 crore on application

Dr Reddy's Lab gains on launching Somazina drug in India

The stock is up nearly 3% at Rs 3,589 after the company announced the launch of Somazina, an innovator brand of Citicoline in the Indian market.

Astec Lifesciences soars on doubling in Q4 profit

The stock soared 18% to Rs 163 after reporting a consolidated net profit of Rs 3.25 crore in the March quarter against Rs 1.62 crore in the year-ago quarter.

Markets continue momentum; Sensex hovers at 27,500

Heavyweights such as ONGC, Bajaj Auto, ITC and Infosys are attracting buying interest this morning.

Jain Irrigation rallies over 15% post Q4 results

The stock rallied 16% to Rs 65.75 on the NSE on the back of heavy volumes.

Markets have a firm start; Nifty reclaims 8,300

All the sectoral indices are trading in the green; ONGC, GAIL and Tata Power have logged gains of 1-2% each.

OMCs gain on fuel price hike

Indian Oil, Hindustan Petroleum and Bharat Petroleum were up 2-3% on the BSE.

Jammu & Kashmir Bank dips on disappointing Q4 results

The stock dipped 5% to Rs 98 after reporting a sharp 60% year on year decline in net profit at Rs 102 crore in March quarter.

Nifty ends above 8,250 led by financials

Provisionally, the Sensex gained 99 points to end at 27,305 and the Nifty climbed 31 points to close at 8,256

Suzlon Energy extends gains after securing new order

The stock rallied 8% to Rs 26.10 on the back of heavy volumes.

Eicher Motors hits new high; surges over 25% post March quarter results

The stock hit a new high of Rs 18,795 on the NSE and has rallied 27% in the past six trading sessions from Rs 14,807 on May 7.

Take Solutions soars over 10% on doubling Q4 profit

The stock soared 14% to Rs 120 after reporting a net profit of Rs 27.09 crore in March quarter against Rs 12.89 crore in a year ago quarter.

Sensex gains over 100 points, Nifty above 8,250: Metals crack

SBI, M&M, Bharti Airtel, HDFC and Axis Bank are the top gainers

Bharti Airtel up 2% on commencing 4G services in Chennai

The company may start its 4G network in two other major cities, namely Mumbai and Hyderabad later during the month

ABG Shipyard hits 52-week low

In past two months, the stock has slipped 26% from Rs 234 on March 13, compared with 4% decline in the CNX Nifty.

Markets have a muted morning; Nifty hovers at 8,250

The rate-sensitive sectors, mainly banking and auto, are leading gains this morning; steel stocks are trading weak

Strides Arcolab gains on USFDA nod for Lamivudine and Zidovudine tablets

At 1119 hours, the stock was up 4% at Rs 1,069 on the NSE.

Tata Steel anticipates Rs 6,500-cr impairment charge; stock dips 2%

Impairment includes a writedown of investments in Mozambique, Ivory Coast and Canada