Nucleus Software hits 52-week high on robust Q2

Shares of Nucleus Software Exports rallied over 19 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported 36 per cent quarter on quarter (q-o-q) growth in its consolidated net profit at Rs 15.66 crore in September quarter (Q2FY18), compared to Rs 11.51 crore in the June quarter.

Driven by string Q2, shares of the company gained as much as 19.04 per cen

NALCO slips nearly 2% on profit booking

Shares of National Aluminium Company Limited (NALCO) fell nearly 2 per cent on the Bombay Stock Exchange amid profit booking after strong rally in the last few sessions. Dragged by profit booking, shares of the company declined as much as 1.74 per cent to trade at intra-day low of Rs 86.85 apiece on the Bombay Stock Exchange. In a similar fashion, shares of the company were trading 1.63 per cen

Wipro jumps over 3% as Q2 beats estimates

Shares of Wipro rose over 3 per cent on the Bombay Stock Exchange after the IT bellwether reported 5.6 per cent year-on-year growth in its to second quarter profit at Rs 2,189.5 crore, beating analyst estimates amid improved efficiency and growing business from customers for its digital offerings. Driven by robust Q2, shares of the IT major gained as much as 3.16 per cent to trade at intra-day

Axis Bank tanks over 7% on NPA mess

Shares of Axis Bank plunged over 7 per cent on the Bombay Stock Exchange after the private sector lender reported sharp rise in non-performing assets during the second quarter ended September 30, 2017. The bank has reported 36 per cent year-on-year growth in its second-quarter net profit at Rs 432 crore, against Rs 319 crore in the year-ago quarter. However, the asset quality of the bank weaken

Goodricke slips 2% on acquiring Godfrey Phillip`s tea biz

Shares of Goodricke Group fell over 2 per cent on the Bombay Stock Exchange after the company said that it has acquired the tea business of Godfrey Phillips India to expand its tea retailing business. “Godfrey Phillips India to acquire their Brands namely; Tea City, SC Gold, Symphony, Samovar, SC Premium, Super Cup, Rangoli and Utsav at a total consideration of Rs 20 crore,” Goodric

Snowman Logistics jumps 7% on bagging new order

Shares of Snowman Logistics rallied nearly 7 per cent on the Bombay Stock Exchange after the company won an exclusive deal from IKEA to manage backend operations of its in-store restaurants business in India. Boosted by the development, shares of the company gained as much as 6.80 per cent to trade at intra-day high of Rs 53.40 apiece on the Bombay Stock Exchange.

In a similar fashion

Bajaj Finserv up over 1% as Q2 profit surges

Shares of Bajaj Finserv rose over 1 per cent on the Bombay Stock Exchange after the Bajaj group's insurance arm reported a 13 per cent growth in consolidated net profit at Rs 652.3 crore in the second quarter ended September 30, 2017, compared to Rs 575.75 crore a year earlier. Driven by strong Q2, shares of the company gained as much as 1.14 per cent to trade at intra-day high of Rs 5411.8

Bharti Airtel extends rally on deal with Millicom

Shares of Bharti Airtel extended rally on Tuesday and rose nearly 2 per cent on the Bombay Stock Exchange after the telecom major said that it has completed deal with Millicom International Cellular to combine their operations in Ghana. Continuing its gaining streak, shares of the company gained as much as 1.85 per cent to trade at intra-day high of Rs 461.40 apiece on the Bombay Stock Exchange

Bharti Airtel jumps 3% on completion of deal with Millicom

Shares of Bharti Airtel rose over 3 per cent on the Bombay Stock Exchange after the telecom major said that it has completed deal with Millicom International Cellular to combine their operations in Ghana. Following the announcement, shares of the company gained as much as 3.02 per cent to trade at intra-day high of Rs 444.65 apiece on the Bombay Stock Exchange.

In a similar fashion, s

IndusInd Bank down 3% on merger with Bharat Financial

Shares of IndusInd Bank fell nearly 3 per cent on the Bombay Stock Exchange after the private sector lender said that its board has approved a merger with Bharat Financial Inclusion to create a stronger and more sustainable platform for Financial Inclusion. Buoyed by the development, shares of the bank declined as much as 2.85 per cent to trade at intra-day low of Rs 1700.

10 apiece o

TCS rises over 2% as Q2 beats estimates

Shares of Tata Consultancy Services (TCS) soared over 2 per cent on the Bombay Stock Exchange after the IT bellwether reported net profit ta Rs Rs 6,446 crore against net revenue of Rs 30,541 crore, in line with Street expectations. Following Q2 earnings, shares of the IT major gained as much as 2.23 per cent to trade at intra-day high of Rs 2605.60 apiece on the Bombay Stock Exchange. In a sim

Bharti Airtel jumps 8% on merger deal with Tata Tele

Shares of Bharti Airtel rallied nearly 8 per cent on the Bombay Stock Exchange after the Sunil led company entered into deal with Tata Group to acquire its mobile services business. Boosted by the development, shares of the telecom major gained as much as 7.98 per cent to trade at intra-day high of Rs 432.00 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the comp

Tata Steel hits 52-week high on hopes of strong Q2

Shares of Tata Steel rose over 2 per cent, hitting 52-week high, on the Bombay Stock Exchange after the market experts opined that metal companies will report strong earnings growth in July-September quarter amid strong commodity prices and volume growth. Riding high on hopes of strong Q2, shares of the company gained as much as 2.35 per cent to trade at 52-week high of Rs 707.15 apiece on the

Lakshmi Vilas Bank extends fall on weak Q2

Shares of Lakshmi Vilas Bank continued losing streak for the second day on Thursday and tumbled over fell over 5 per cent on the Bombay Stock Exchange after private-sector lender reported a sharp decline of 83.81 per cent in its net profit at Rs 10.50 crore for the second quarter ended September 30, 2017 compared to Rs 64.85 crore in the corresponding period last year, weighed down by rise in b

Sun Pharma rises over 4% on getting EIR from USFDA

Shares of Sun Pharmaceutical Industries surges over 4 per cent on the Bombay Stock Exchange after the drug maker said that it has received Establishment Inspection Report (EIR) from the US Food and Drug Administration (US FDA) for its Dadra plant. Buoyed by the development, shares of the company gained as much as 4.22 per cent to trade at intra-day high of Rs 548.00 apiece on the Bombay Stock E

Bharti Airtel slips over 1% on profit booking

Shares of Bharti Airtel fell over 1 per cent on the Bombay Stock Exchange, paring previous session gains, amid profit booking after the telecom major said that it has partnered with Karbonn Mobiles to launch affordable 4G-enabled smartphones at market price of Rs 1,399. The move is a part of the company’s strategy to counter the competition unleashed by Mukesh Ambani-led Reliance Jio'

Prakash Ind jumps 6% on securing coal linkage

Shares of Prakash Industries rallied nearly 6 per cent on the Bombay Stock Exchange after the company said that it has secured additional coal linkages of 2.10 lakh tonnes per annum for the next 5 years. Following the announcement, shares of the company gained as much as 5.63 per cent to trade at intra-day high of Rs 138.80 apiece on the Bombay Stock Exchange. 

In a similar fashi

PSP Projects zooms 13% on bagging contract works

Shares of PSP Projects rallied nearly 13 per cent on the Bombay Stock Exchange after the company said it has won contract works at Surat Diamond Bourse, Khajod valued at Rs 1,575 crore. Cheering the news, shares of the company gained as much as 12.96 per cent to trade at intra-day high of Rs 465.75 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the company were t

Bharti Airtel surges over 4% on talks to sell tower biz

Shares of Bharti Airtel spiked over 4 per cent on the Bombay Stock Exchange after media reports suggested that the KKR-led consortium fund is in talks to buy the tower business of the country’s leading telecom operator. Riding high on media reports, shares of the company gained as much as 4.54 per cent to trade at intra-day high of Rs 401.50 apiece on the Bombay Stock Exchange.

Lumax Industries soars nearly 8% as Ashish Kacholia buys stake

Shares of Lumax Industries continued gaining momentum on Wednesday and jumped nearly 8 per cent on the Bombay Stock Exchange after ace investor Ashish Kacholia purchased 0.67 per cent stake in the company through open market transaction. Extending previous session rally, shares of the company gained as much as 7.83 per cent to trade at intra-day high of Rs 1575.00 apiece on the Bombay Stock Exc

Adani Transmission extends rally on deal with Reliance Infrastructure

Shares of Adani Transmission continued gaining momentum on Wednesday and rallied another 10 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company entered into a period of exclusivity with Reliance Infrastructure for the proposed acquisition of the integrated business of generation, transmission and distribution of power for Mumbai City from RInfra.

Extending p

Prakash Industries surges 6% as Rakesh Jhunjhunwala hikes stake

Shares of Prakash Industries jumped nearly 6 per cent on the Bombay Stock Exchange after ace investor Rakesh Jhunjhunwala increased stake in the company to 1.64 per cent from 1.01 per cent earlier. Boosted by the development, shares of the company gained as much as 5.82 per cent to trade at intra-day high of Rs 137.15 apiece on the Bombay Stock Exchange.

In a similar fashion, shares o

Suven Life Sciences zooms 10% on securing product patent

Shares of Suven Life Sciences rallied nearly 10 per cent on the Bombay Stock Exchange after the company secured a product patent in New Zealand corresponding to the New Chemical Entities (NCEs) for the treatment of disorders associated with Neurodegenerative diseases. Following the announcement, shares of the company gained as much as 9.83 per cent to trade at intra-day high of Rs 198.80 apiece

Biocon surges 5% as USFDA issues CRL for Mylan`s BLA

Shares of Biocon jumped 5 per cent on the Bombay Stock Exchange after the company said that US Food and Drug Administration has issued a Complete Response Letter (CRL) for Mylan's Biologics License Application (BLA) for MYL-1401H, a proposed biosimilar pegfilgrastim. This product is a part of the biosimilars portfolio being developed jointly by Biocon and Mylan.

Following the anno

Adani Transmission hits roof on deal with Reliance Infrastructure

Shares of Adani Transmission rallied 10 per cent and locked in upper circuit on the Bombay Stock Exchange after the company entered into a period of exclusivity with Reliance Infrastructure for the proposed acquisition of the integrated business of generation, transmission and distribution of power for Mumbai City from RInfra.

Cheering the news, shares of the company gained as much as