Morning Release of 13 Sep, 2017. |
Indian shares rose for a fourth straight session on Tuesday, led by gains in Tata Steel Ltd. and Bank of Baroda Ltd., with investors keeping an eye out for inflation data due later in the day. IndusInd Bank Ltd, which is in exclusive talks to buy microlender Bharat Financial Inclusion Ltd, fell 2.40% after rising more than 5% in the previous session. Bank of Baroda and Axis Bank Ltd. were up more than 1% each, while HDFC Bank gained for a sixth straight session, climbing as much as 0.90%.
Top Gainers
Company Name |
Close |
% Change |
BPCL |
534.60 |
4.86% |
TATAMOTORS |
388.55 |
3.85% |
GAIL |
410.00 |
3.53% |
Top Losers
Company Name |
Close |
% Change |
INDUSINDBK |
1740.00 |
-2.86% |
WIPRO |
297.95 |
-1.06% |
HEROMOTOCO |
3913.80 |
-0.78% |
52 week High & Low
Company Name |
Close |
High or Low? |
ACC |
1857.60 |
HIGH |
ADANITRANS |
147.95 |
HIGH |
ADSL |
21.65 |
LOW |
ABCAPITAL |
184.45 |
LOW |
Indices
Indices |
Last Trade |
% Change |
NIFTY |
10,093.05 |
0.87% |
NIFTY IT |
10,501.10 |
0.40% |
NIFTY PHARMA |
8,996.10 |
2.18% |
NIFTY FMCG |
25,913.20 |
1.42% |
NIFTY REALTY |
292.90 |
2.40% |
BANK NIFTY |
24,784.70 |
0.46% |
INDIA VIX |
11.75 |
-4.87% |
FII/DII Activity as on 12 Sep, 2017
FII/DII |
Net Change (in Cr.) |
FII |
-392.52 |
DII |
877.37 |
Corporate Events
- Power generation major, NTPC Ltd. will complete the takeover of the first phase of Chhabra Thermal Power Plant (1,000 MW) of Rajasthan government at an estimated cost of INR. 4,000 Cr,
- JSW Group is in talks with Chinese company Zhejiang Geely for a partnership to manufacture electric vehicles.
- NBCC has announced that it has given an order worth INR. 2,150 Cr. to Shapoorji Pallonji.
- IT major, Cyient has entered into a definitive agreement to acquire 100% equity in the US-based B&F Design Inc for an undisclosed amount.
- India's largest realty firm, DLF has received the environment clearance for its INR. 240 Cr. commercial project which is to come up in Patto village, Goa.
Results Corner
- PDS Multinational Fashions Ltd.: June quarter consol net loss after tax of INR. 21.6 million versus a profit of INR. 66.8 million a year ago.
- Moschip Semiconductor Technology Ltd.: June quarter consol net loss of INR. 21.4 million versus a profit of INR. 1.5 million a year ago.
- Jet Airways (India) Ltd.: June quarter net profit of INR. 535 million.
- Captain Polyplast Ltd.: June quarter net profit of INR. 16.6 million versus a profit of INR. 13.8 million a year ago.
- Dhanlaxmi Fabrics Ltd.: June quarter consol profit of INR. 7.3 million versus a profit of INR. 16.8 million a year ago.
