The Q4 profit up 17% yoy at Rs 370 crore due to a steady growth in the NII and a reversal of provisions on teaser loans.
The board has recommended dividend of Rs 70 per equity share of Rs 10 each for the year 2013-14.
Mangalore Chemicals has rallied 13% to Rs 70, while Zuari Agro Chemicals and Deepak Fertilisers are up 4% each at Rs 152 and Rs 125 respectively.
The quarter performance was driven by both increase in volumes as well as value improvements, the company said.
Markets are likely to open flat amid lacklustre Asian cues and caution ahead of expiry of April derivative contracts
Analysts say uptick in J M stock indicates market has some knowledge of deal possibly cooking between two companies
The exchange will watch new norms effective from next month
Reliance Industries has rallied 3% to Rs 989, its highest level since April 2011
Many companies are expected to swing to profits in March quarter, compared to the losses faced a year & month ago
Huge closure of accounts, net outflow of Rs 2,300 cr recorded in FY14
Nifty, Bank Nifty, ONGC, Lupin & Bharti Airtel
The IPO price band has been fixed at Rs 115-125 per share
No replacement has been announced in the BSE small-cap index yet
Weakness in Infosys, ITC and Sesa Sterlite weighed on the indices
The private sector bank reported profit of Rs 2,326 crore for the quarter ended March 2014 as against Rs 1,890 crore a year earlier.
MRF, Apollo Tyres, Ceat, JK Tyre and Industries and Goodyear India are down 2-8% each on the BSE.
Sensex was down three points at 22,762 and the Nifty was down a point at 6,816