The breadth of the market favoured the advances with 833 stocks advancing and 710 declining while 500 remained unchanged. On the BSE, 981 stocks advanced, 776 declined and 84 remained unchanged.
The company reported a net profit of of Rs 3,604.2 crore for the September quarter, a 269.31 percent jump YoY.
The company said it will undertake a strategic review of up to 50 percent of Essel Group's holding in Zee Entertainment
IDFC Securities, on the other hand, downgraded the stock to Neutral from Outperform and slashed its target price to Rs 557 from Rs 619 earlier post Q2 results.
Coffee Day Enterprises | Cox & Kings | Vodafone Idea | Dilip Buildcon | NMDC |PTC India and Mahanagar Gas are stocks, which are in news today.
All three plants of the company are now operational at their full capacity, it added.
Oil prices shed more than 1 percent on Tuesday, with Brent crude is trading below USD 70 and WTI Crude is below USD 60 per barrel.
The earnings before interest, taxes, depreciation and amortization was reported at Rs 986.3 crore for the September quarter.
A three-member Arbitration Tribunal in its unanimous award on November 12, 2018 has asked NHAI to pay Rs 16.14 crore by February 10, 2019 to Reliance Infrastructure.
The breadth of the market favoured the declines with 793 stocks advancing and 903 declining while 366 remained unchanged. On the BSE, 1198 stocks advanced, 1302 declined and 130 remained unchanged.
Revenue was down 17.3 percent at Rs 235.6 crore against Rs 285 crore.
The breadth of the market favoured the declines with 669 stocks advancing and 995 declining while 397 remained unchanged. On the BSE, 995 stocks advanced, 1284 declined and 136 remained unchanged.
The standalone income during July-September quarter increased to Rs 7,424.2 crore, over Rs 3,671 crore a year ago.
US District Court has invalidated a patent in Prostate cancer drug Zytiga, reported CNBC-TV18.
The lender reported a net loss of Rs 1,156.25 crore for the September quarter. The figure cannot be compared with that of last year as the bank had reported a net profit of Rs 179.07 crore during Q2 of FY18.
The company reported a Q2 net loss of Rs 1,291.97 crore, as against a profit of Rs 49.6 crore in the same quarter last year.
Macquarie has maintained outperform rating on Shree Cements with a target of Rs 20,537 per share.
The breadth of the market favoured the advances with 798 stocks advancing and 756 declining while 493 remained unchanged. On the BSE, 917 stocks advanced, 756 declined and 96 remained unchanged.
Total income for the quarter increased to Rs 24,209.3 crore, over Rs 19,171.7 crore in the corresponding period a year ago.
The company reported a 6 percent increase in consolidated profit after tax at Rs 548.76 crore in the second quarter ended September 30.
The global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in October 2018 were at 44,380, higher by 19 percent.
Jet Airways, Bank of India, Sun Pharma, Usha Martin, Aurobindo Pharma, MMTC, JK Paper and Tata Motors are stocks, which are in news today.
The breadth of the market favoured the declines with 652 stocks advancing and 1081 declining while 340 remained unchanged. On the BSE, 1031 stocks advanced, 1491 declined and 164 remained unchanged.
The breadth of the market favoured the declines with 746 stocks advancing and 927 declining while 397 remained unchanged. On the BSE, 1127 stocks advanced, 1189 declined and 153 remained unchanged.
The share touched its 52-week high Rs 1,444 and 52-week low Rs 694 on 03 May, 2018 and 26 October, 2018, respectively.