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HomeNewsBusinessStocksTop buzzers: Punj Lloyd up 7%, 6 stocks fall 1-8% post Q1 nos

Top buzzers: Punj Lloyd up 7%, 6 stocks fall 1-8% post Q1 nos

Shares of Camlin Fine Sciences plunged 7 percent intraday Thursday on back of decline in Q1 net profit down at Rs 3.06 crore versus Rs 14 crore. Its EBITDA was down 46.1 percent at Rs 15.80 crore versus Rs 29.30 crore.

August 11, 2016 / 15:07 IST
     
     
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    Moneycontrol BureauHere are 9 stocks that are reacting to June quarter results.Punj Lloyd gains 7 percentShares of Punj Lloyd gained 7 percent intraday Thursday as its Q1 (April-June) net loss narrowed to Rs 211.4 crore against loss of Rs 581.8 crore, and its revenues have increased by 48 percent.The company said its order backlog is strong at Rs 21000 crore.Corporation Bank and Balaji Telefilms slip 1.5% and 6% respectivelyCorporation Bank slipped as much as 6 percent intraday Thursday as its gross NPA increased at 11 percent and net profit was down 82.4 percent at Rs 35.9 crore.Balaji Telefilms slipped on weak June quarter numbers as its net profit was down 84 percent at Rs 67 lakh against Rs 4.2 crore.Suven Life Sciences rises 7 percentSuven Life Sciences has reacted positively on its better Q1 results. The company's net profit was up 58.1 percent at Rs 32.6 crore versus Rs 20.6 crore and total income rose 31.7 percent at Rs 133.2 crore versus Rs 101.2 crore, in the same quarter last fiscal.Camlin Fine Sciences plunges 7 percentShares of Camlin Fine Sciences plunged 7 percent intraday Thursday on back of decline in Q1 net profit to Rs 3.06 crore from Rs 14 crore. Its EBITDA was down 46.1 percent at Rs 15.80 crore versus Rs 29.30 crore.TVS Electronics declines 8 percentShare price of TVS Electric declined 8 percent intraday as it has reported net loss of Rs 2.01 crore versus profit of Rs 80 lakh, in the same quarter last fiscal. The company's EBITDA margin shrink to 0.5 percent versus 3.9 percent. AXISCADES Engineering sheds 7 percentAXISCADES Engineering Technologies shed 7 percent intraday as its Q1 consolidated net profit fell 25.7 percent at Rs 4.6 crore and EBITDA was down 22.6 percent at Rs 10 crore. Its EBITDA margin was down by 490 bps at 10.1 percent.SPML Infra slipped 5.6 percentSPML Infra slipped 5.6 percent intraday Thursday as it has registered 81.7 percent decline in its Q1 net profit at Rs 1.17 crore. Its EBITDA was down 6.2 percent at Rs 37.64 crore and EBITDA margin was down at 10.3 percent. Arshiya gains 3.6 percentShares of Arshiya rose 3.6 percent intraday Thursday as its Q1 net loss shrink to Rs 95.8 crore against loss of Rs 126.4 crore, while its EBITDA was down 32.8 percent at Rs 9.2 crore and EBITDA margin was at 14.5 percent. Posted by Rakesh Patil

    first published: Aug 11, 2016 11:53 am

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