Tech Mahindra hist 52-week high on heavy volume

Shares of Tech Mahindra rose 3 per cent, hitting 52-week high, on the Bombay Stock Exchange amid surge in volume trade. According to data available with exchange, as much as 1.68 lakh shares have changed hand over the counter as compared to two week average of 1.28 lakh shares. Driven by volume trade, shares of the company gained as much 2.99 per cent to touch an intra-day high of Rs 517.00 api

Natco Pharma extnds rally post QIP launch

Shares of Natco Pharma continued gaining streak on Thursday and rallied nearly 6 per cent on the Bombay Stock Exchange after the drug maker launched share sale through qualified institutional placement (QIP) route on December 11, 2017. Extending previous session rally, shares of the company gained as much 6 per cent to touch an intra-day high of Rs 1020.00 apiece on the Bombay Stock Exchange.

Oberoi Realty jumps over 6% on rating upgrade

Shares of Oberoi Realty spiked over 6 per cent on the Bombay Stock Exchange after the brokerage firm Motilal Oswal Securities recommended ‘buy’ rating on the stock, citing strong balance sheet and superior investment revenue realty (IRR) of its land acquisitions. Boosted by rating upgrade, shares of the company gained as much 6.42 per cent to touch an intra-day high of Rs 481.00 api

Tata Comm surges 9% on demerger of surplus land

Shares of Tata Communications rallied over 9 per cent on the Bombay Stock Exchange after the company said its board has approved demerger of around 773 acres of surplus land to a separate company and listing it subsequently. Following the announcement, shares of the company gained as much 9.13 per cent to touch an intra-day high of Rs 758.00 apiece on the Bombay Stock Exchange.

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Monnet Ispat surges 4% as AION-JSW submits resolution plan

Shares of Monnet Ispat and Energy jumped nearly 4 per cent on the Bombay Stock Exchange after media report suggested that JSW Steel has submitted its resolution plan along with AION Capital for the stressed company. Riding high on media reports, shares of the company gained as much 3.90 per cent to touch an intra-day high of Rs 34.60 apiece on the Bombay Stock Exchange.

In a similar f

Kalpataru Power spikes 5% on winning new order

Shares of Kalpataru Power Transmission rallied over 5 per cent on the Bombay Stock Exchange after the company said it has secured new order worth Rs 875 crore. Buoyed by new order, shares of the company gained as much 5.06 per cent to touch an intra-day high of Rs 461.35 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the firm were trading 2.68 per cent higher at

Unitech nosedives 16% as SC stay order on government takeover

Shares of Unitech plunged over 16 per cent on the Bombay Stock Exchange after Supreme Court on Wednesday stayed the order of National Company Law Tribunal (NCLT) ordering the supersession of the board of realty major. Weighed down by the development, shares of the company declined as much 16.38 per cent to touch an intra-day low of Rs 6.43 apiece on the Bombay Stock Exchange.

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InterGlobe Aviation slips 3% as promoter stake sale begins

Shares of InterGlobe Aviation fell over 3 per cent on the Bombay Stock Exchange as promoter of aviation firm begun share sale today at a floor price of Rs 1,130 per share. Weighed down by the development, shares of the company declined as much 3.15 per cent to touch an intra-day low of Rs 1141.25 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the firm were tradin

Hindustan Copper surges 8% on re-opening of Kendadih mine

Shares of Hindustan Copper rallied over 8 per cent on the Bombay Stock Exchange after the company said that it has re-opened the Kendadih copper mine located in Jharkhand. Following the announcement, shares of the company gained as much 8.35 per cent to touch an intra-day high of Rs 96.60 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the firm were trading 5.04 p

Bharti Airtel up nearly 2% on selling stake in DTH arm

Shares of Bharti Airtel rose nearly 2 per cent on the Bombay Stock Exchange after the company said that Warburg Pincus, a global private equity firm focused on growth investing will acquire up to a 20 per cent equity stake in Bharti Telemedia Limited, the DTH arm of Airtel, for around USD 350 million. Boosted by the development, shares of the company gained as much 1.79 per cent to touch an int

HEG jumps 5% on rating upgrade by India-Ratings

Shares of HEG surged nearly 5 per cent on the Bombay Stock Exchange after the India-Ratings upgraded the credit rating of the company as 'IND A+' with positive outlook. Boosted by the rating upgrade, shares of the company gained as much 4.98 per cent to touch an intra-day high of Rs 1962.00 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the firm were trad

Puravankara extends rally post Q2; scrip jumps nearly 13%

Shares of Puravankara continued gaining streak on Tuesday and rallied nearly 13 per cent on the Bombay Stock Exchange after the company reported strong new sales volume growth of 74 per cent at 803,966 sft. in September quarter (Q2FY18) led primarily by sales in completed and nearing completion projects. Extending previous session rally, shares of the company gained as much 12.74 per cent to to

ONGC rises over 2% on spurt in crude oil prices

Shares of Oil & Natural Gas Corporation (ONGC) soared over 2 per cent on the Bombay Stock Exchange as Brent crude oil prices surged near 2015 after North Sea pipeline shutdown. Driven by rise in crude oil prices, shares of the company gained as much 2.26 per cent to touch an intra-day high of Rs 182.95 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the firm w

Reliance Home Finance jumps 8% on fund raising plan

Shares of Reliance Home Finance rallied over 8 per cent on the Bombay Stock Exchange after housing finance company said that its board has approved an issuance of secured redeemable non-convertible debentures (NCDs) for an amount aggregating up to Rs 2,000 crores, along with up to 7.5 crore warrants. Boosted by the development, shares of the company gained as much 8.15 per cent to touch an intr

Alembic Pharma up 3% on USFDA nod for Darifenacin Tablets

Shares of Alembic Pharmaceuticals rose nearly 3 per cent on the Bombay Stock Exchange after the drug maker said that it has received US Food & Drug Administration (USFDA) approval for Darifenacin Extended-Release Tablets, 7.5 mg and 15 mg. Following the announcement, shares of the company gained as much 2.93 per cent to touch an intra-day high of Rs 533.00 apiece on the Bombay Stock Exchang

Dr. Reddy`s Lab soars 6% on receiving EIR from USFDA

Shares of Dr. Reddy's Laboratories surged over 6 per cent on the Bombay Stock Exchange after drug maker said that it has received Establishment Inspection Report (EIR) from the US drug regulator for its facility in Hyderabad following the audit in April. Buoyed by the development, shares of the company gained as much 6.13 per cent to touch an intra-day high of Rs 2328.00 apiece on the Bomba

Parag Milk rallies over 7% on deal with Taj Group

Shares of Parag Milk Foods spiked over 7 per cent on the Bombay Stock Exchange after the company entered into pact with Taj Group to supply its products on international flights.

Following the announcement, shares of the company gained as much 7.61 per cent to touch an intra-day high of Rs 262.95 apiece on the Bombay Stock Exchange. In a similar fashion, shares of the firm were tradin

Thyrocare Tech jumps nearly 3% on robust Q2

Shares of Thyrocare Technologies surged nearly 3 per cent on the Bombay Stock Exchange after the company reported 14.90 per cent growth in its standalone net profit at Rs 23.44 crore for the quarter ended September 30, 2017 as compared to Rs 20.40 crore in the same period last year.

Boosted by strong Q2, shares of the company gained as much 2.98 per cent to touch an intra-day high of

Unitech zooms 19% as govt takes control

Shares of Unitech rallied over 19 per cent on the Bombay Stock Exchange after the National Company Law Tribunal (NCLT) allowed the government to appoint its 10 nominees on the board of the debt-ridden real estate company.

Cheering the news, shares of the company gained as much 19.34 per cent to touch an intra-day high of Rs 8.70 apiece on the Bombay Stock Exchange. In a similar fashio

Axis Bank rises nearly 2% on fund raising plan

Shares of Axis Bank soared nearly 2 per cent on the Bombay Stock Exchange after the shareholders of bank approved proposal to raise fund upto Rs 11,626 crore through sale of shares and warrants to a group of investors.

Boosted by the development, shares of bank gained as much 1.82 per cent to touch an intra-day high of Rs 552.35 apiece on the Bombay Stock Exchange. In a similar fashio

UltraTech Cement up 2% on plan to expand pali unit

Shares of UltraTech Cement rose nearly 2 per cent on the Bombay Stock Exchange after the cement maker said its board approved the setting up of a 3.5 mtpa integrated cement plant at Pali, Rajasthan.

Following the announcement, shares of the company gained as much 1.97 per cent to touch an intra-day high of Rs 4236.20 apiece on the Bombay Stock Exchange. In a similar fashion, shares of

Ucal Fuel Systems rallies 20% on strong Q2

Shares of Ucal Fuel Systems spiked 20 per cent and locked in upper circuit on the Bombay Stock Exchange after the company’s Q2 net profit nearly doubled to Rs 15.98 crore in September quarter (Q2FY18), as compared to Rs 8.03 crore in the same quarter year ago. Driven by robust Q2, shares of the company gained as much 20 per cent to touch an intra-day high of Rs 235.20 apiece on the Bombay

Jet Airways skids over 4% on weak Q2

Shares of Jet Airways (India) tanked over 4 per cent on the Bombay Stock Exchange after the company reported 91 per cent year-on-year fall in net profit at Rs 49.6 crore for the quarter ended September 30, 2017, due to higher expenses and a decline in other income. Weighed down by weak Q2, shares of company declined as much 4.55 per cent to touch an intra-day low of Rs 665.00 apiece on the Bomb

Bharti Airtel jumps 3% on JV with Intex to launch 4G phone

Shares of Bharti Airtel continued gaining streak on Friday and rose over 3 per cent on the Bombay Stock Exchange after the company partnered with Intex to offer a low cost bundled 4G smartphone at an ‘effective price’ of Rs 1,649 in a bid to counter JioPhone. Extending previous session rally, shares of company gained as much 3.40 per cent to touch an intra-day high of Rs 530.85 apie

Future Consumer zooms 15% on heavy volume

Shares of Future Consumer rallied over 15 per cent on the Bombay Stock Exchange amid surge in volume trade. According to data available with exchange, as much as 31.53 lakh shares have changed hand over the counter as compared to two-week average of 6.40 lakh shares. Driven by volume trade, shares of company gained as much 15.08 per cent to touch an intra-day high of Rs 67.50 apiece on the Bomb