Magma Fincorp was trading with volumes of 2,605,199 shares, compared to its five day average of 6,924 shares, an increase of 37,527.81 percent. Rajasthan Cylinders and Containers was trading with volumes of 229,030 shares, compared to its five day average of 1,234 shares, an increase of 18,456.96 percent.
275 stocks have hit fresh 52-week low including Aban Offshore, ACC, Ambuja Cements, Andhra Bank, Bank of India, DEN Networks, Federal Bank, GIC Housing Finance, HCC, India Cements, Kwality, NBCC, NMDC, PC Jeweller, PTC India and REC among others.
Media report said insurance behemoth LIC may go for an open offer for the bank after buying 51 percent stake in it.
Realisations were stable despite higher discounts and raw material costs.
The company trades at steep discount, despite similar growth profile and strong balance sheet, HSBC added.
The broking house expect Q1FY19 to see stellar performance. GST inclusion and aggressive bidding in the CGD auction are positive triggers.
Provisions for bad loans were lower by 46.4 percent quarter-on-quarter and 15.77 percent year-on-year to Rs 199.1 crore for the quarter ended June.
Oil prices fell for a second day on Tuesday as worries about possible disruptions to supply eased and as investors focused on potential damage to global growth from the festering Sino-US trade spat.
The company has received in principle approval from Department of Commerce, Ministry of Commerce & Industry, Government of India for conceptualizing, designing & construction of India Pavilion at World Expo-2020 to be held in Dubai from Oct-2020 to Apr-2021.
255 stocks have hit fresh 52-week low including Aban Offshore, ACC, Ambuja Cements, Andhra Bank, Bank of India, DEN Networks, Federal Bank, GIC Housing Finance, HCC, India Cements, Kwality, NBCC, NMDC, PC Jeweller, PTC India and REC among others.
Clindamycin is an antibiotic which works by stopping the growth of bacteria. It is used to treat acne and helps to decrease the number of acnelesions.
PhillipCap has downgrade HUL to neutral from buy and kept target at Rs 1,710 per share.
Punjab National Bank sees June quarter operating profit at Rs 3,595 crore and FY19 at Rs 21,630 crore.
The breadth of the market favoured advances, with 894 stocks advancing, 684 declining and 472 remaining unchanged. On BSE, 977 stocks advanced, 712 declined and 81 remained unchanged.
Revenue from operations drops 12.2 percent to Rs 1,325 crore versus Rs 1,509 crore, YoY, but increases 2.5 percent from Rs 1,292.56 crore (QoQ).
BEML and Larsen & Toubro signed a Memorandum of Understanding (MoU) to jointly capitalise on the emerging opportunities in the domestic and export markets for defence products and systems.
The stock touched an intraday high of Rs 128.45 and an intraday low of Rs 125.00.
Glenmark Pharmaceuticals Inc., USA has been granted final approval by the United States Food & Drug Administration (USFDA) for Colesevelam Hydrochloride for Oral Suspension, 1.875 grams/Packet and 3.75 grams/Packet.
JTEKT India was trading with volumes of 13,097,994 shares, compared to its five day average of 7,565 shares, an increase of 173,043.96 percent. Elgi Equipments was trading with volumes of 219,538 shares, compared to its five day average of 3,333 shares, an increase of 6,486.01 percent.
The discount offer is valid on tickets purchased between July 13 and July 17, 2018.
273 stocks have hit fresh 52-week low including Ambuja Cements, Andhra Bank, Bank of India, Bharat Heavy Electricals, Can Fin Homes, Cummins India, Federal Bank, IDFC Bank, INOX Leisure, Kwality, NBCC, PC Jeweller, Reliance Power, Tata Motors and Union Bank among others.
The major reason for fall in share prices is that the increase in carrying capacity may reduce the demand for commercial vehicles as companies can manage their work with lesser number of trucks or tractor trailers than earlier.
The fall in share price could be on account of profit booking. The stock had rallied 19 percent in the past six consecutive sessions ahead of LIC's board meeting.
Revenue of the company was up 47.5 percent at Rs 71.3 crore versus RS 48.4 crore.
The company has reported 2 percent fall in its Q1 net profit to Rs 53.76 crore versus Rs 54.97 crore in the same quarter last fiscal.