Gold Silver Reports (GSR) – Bajaj Corp Shares Rise After March Quarter Earnings – Shares of the Mumbai-based hair care products maker rose 1.8 percent to Rs 470 after it reported March quarter earnings post market hours yesterday.
Stocks
Hathway Cable Snaps 5-Day Losing Streak, Surges Over 8%
Gold Silver Reports (GSR) – Hathway Cable Snaps 5-Day Losing Streak, Surges Over 8% – Shares of the Mumbai-based digital cable TV service provider snapped its 5-day losing streak, rising 8.3 percent to Rs 35.20. In the last five trading sessions, the stock fell as much as 20 percent after it saw a slew of large block deals in the course of last five trading sessions.
Shaily Engineering Stock Surges To Record High After HDFC MF Buys Stake
Gold Silver Reports (GSR) – Shaily Engineering Surges To Record High After HDFC MF Buys Stake – Shares of the Gujarat-based plastic products maker rose as much as 8 percent to record high of Rs 1,510 after HDFC Mutual Fund bought stake in the company. HDFC Mutual Fund bought 99,134 shares or 1.2 percent equity at Rs 1,300 each, according to data available on the stock exchanges.
Reliance Naval & Engineering Falls The Most In Over Five Years; Jindal Stainless Falls After Profit Declines In March Quarter
Gold Silver Reports (GSR) – Reliance Naval & Engineering Falls The Most In Over Five Years – Shares of the defence equipment maker fell as much as 19.3 percent to Rs 18.4, the most since July 2012 after company auditors raised doubts over its ability to “continue as a going concern.”
Emami Gains After Board Plans To Consider Bonus Issue
Gold Silver Reports (GSR) – Emami Gains After Board Plans To Consider Bonus Issue – Shares of the healthcare product maker rose as much as 7.3 percent, the most in over three months to Rs 1,204. The company said in a stock exchange filing that it plans to consider bonus shares and a dividend at a board meeting on May 3.
Wipro Worst Performer on Sensex, Nifty After Q4 Earnings Disappoint
Gold Silver Reports (GSR) – Wipro Worst Performer on Sensex, Nifty After Q4 Earnings Disappoint – Shares of the information technology company fell as much as 4.6 percent to Rs 274, after weak March quarter earnings missed estimates widely.
Stocks To Watch: Axis Bank, Bharti Infratel, Cipla, Reliance, LIC Housing
Gold Silver Reports (GSR) – Stocks To Watch: Axis Bank, Bharti Infratel, Cipla, Reliance, LIC Housing – The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, fell 0.5 percent to 10,554 as of 7:20 a.m. Asian stocks had a mixed start Monday, with investors continuing to assess the outlook for trade discussions and geopolitical tensions. Equity benchmarks rose in Sydney, while those in Tokyo and Seoul were little changed.
Stocks To Watch: ACC, Bharat Dynamics, Fortis, Sun Pharma
Gold Silver Reports (GSR) – Stocks To Watch: ACC, Bharat Dynamics, Fortis, Sun Pharma – The S&P BSE Sensex Index closed 0.2 percent lower at 34,331.68, while the NSE Nifty 50 Index closed at 10,526.20, down 0.2 percent. Indian equity benchmarks halted nine-day winning streak, the longest rally in over three years.
Stocks To Watch: Fortis, Electrosteel Steels, HDFC Standard Life, Lupin
Gold Silver Reports (GSR) – Stock benchmarks climbed in Japan, Hong Kong and Australia. The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, rose 0.5% to 10,610 as of 7:05 a.m.
Gruh Finance Gains After Announces Bonus Shares
Gold Silver Reports (GSR) – Gruh Finance Gains After Announces Bonus Shares – Shares of the lender rose as much as 6.5 percent after its fourth quarter net income beat analyst forecast. The company announced the issue of one bonus share for each held. The stock was the second-best performer on the S&P BSE 500 Index. Trading volume was 1.4 times its 3-month full-day average.