The company had registered a net profit of Rs 191 crore in the corresponding quarter of the previous fiscal, it said in a regulatory filing
YES Bank (up over 8 per cent) emerged as the top gainer on the index while Tata Motors (down 1 per cent) the biggest loser
The Mukesh Ambani-led company is slated to release its September quarter results later in the day where it is expected to report a strong quarter for the July-September period.
All that happened in markets today.
Avenue Supermarts, which runs the DMart chain of stores, Adani Green Energy, Berger Paints, Blue Star, Indraprastha Gas, Manappuram Finance, SBI Life Insurance also hit record high levels on Friday
Its profit before tax declined 22 per cent year on year (YoY) to Rs 504 crore for Q2.
The stock was trading close to its 52-week high level of Rs 181, touched on May 23, 2019.
BHEL, Hindustan Copper, MMTC and The New India Assurance surged more than 11%, while MOIL, NBCC, NLC India, GIC Re and SAIL were up in the range of 5-10%.
The company signed multi-year contracts aggregating Rs 810 crore with leading global OEMs and tier 1 suppliers such as Jaguar Land Rover, Daimler, Samsung SDI & MAHLE.
The stake in BHEL may be pared in tranches to 26 per cent from 63.17 per cent now.
Here's a look at the top stocks that may remain in focus today.
Stock calls from Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers
Trends on SGX Nifty suggest a negative start to the domestic markets today
Analysts expect a 12% growth in revenues for the sector
Sensex, Nifty gain for 5th day; auto, banking stocks gain the most
According to the BSE website, the last traded price of the bond was Rs 60.38, for a trade size of Rs 135 crore
Nifty, Bank Nifty, Tata Motors, Asian Paints, Bajaj Auto
Credit cards: Avoid the minimum amount repayment trap
The second largest pharma player by market value is also expanding capacities to push earnings
Highest-ever footfalls with good content leads to 35-37 per cent growth in topline and net profit