Page 53 - Companies

BSE closes points 660.61 down on June 2

New Delhi, June 2 (ANI): Trading at the Bombay Stock Exchange today closed 660.61 points down to stand at 27,188.38. At the National Stock Exchange the Nifty closed 196.95 points down to stand at8,236.45. KAILASH and TTK PRESTIGE LTD. were among the top gainers of Group A with an increase of 7.64% and 5.55% along with ZEEL and The Ramco Cements Limited with an increase of2.27% and 1.93% respectively, while the top losers of Group A include UNIONBANK and PAGE INDUSTRIES LTD. with a decrease of 8.08% and 8.07% along with PRESTIGE and JETAIRWAYS with a decrease of 7.53 % and 7.47% at the close of the markets. The Auto sector is down 395.35 points at 18,618.73 while the banking sector is down 740.15 points at 20,654.20 and the realty sector is down 59.89 points at 1,502.52. The Indian currency is up 0.16% at Rs 63.87 per dollar.

BSE closes points 20.55 up on June 1

New Delhi, June 1 (ANI): Trading at the Bombay Stock Exchange today closed 20.55 points up to stand at 27,848.99. At the National Stock Exchange the Nifty closed 0.25 points down to stand at8,433.40. NEYVELI LIGNITE CORPORATION LTD. and PRESTIGE were among the top gainers of Group A with an increase of 14.60% and 14.13% along with KAILASH and DEN with an increase of 9.92% and 6.79% respectively, while the top losers of Group A include ADANI ENTERPRISES LTD. and SUN PHARMA with a decrease of 11.00% and 8.97% along with JET AIRWAYS and FORTIS with a decrease of 6.94% and 6.85% at the close of the markets. The Auto sector is down 75.10 points at 19,004.69 while the banking sector is down 117.30 points at 21,394.35 and the realty sector is up 27.81 points at 1,565.49. The Indian currency is down 0.19% at Rs 63.69 per dollar.

India's economy grows 7.3 % in 2014-15

New Delhi, May 29 (ANI): The Indian economy grew by 7.3 per cent during 2014-15 from the 4.7 per cent increase in the previous fiscal, government data showed on Friday. March quarter gross domestic product or GDP data shows that India is the fastest-growing major economy in the world. Manufacturing sector output, a big focus area for Prime Minister Narendra Modi , jumped sharply in the March quarter. However, agricultural output declined between January and March. Finance Minister Arun Jaitley said that it is now clear the economy is in a recovery mode.

BSE closes points 321.73 up on May 29

New Delhi, May 29 (ANI): Trading at the Bombay Stock Exchange today closed 321.73 points up to stand at 27,828.44. At the National Stock Exchange the Nifty closed 114.65 points up to stand at 8,433.65. INFRATEL and SRF were among the top gainers of Group A with an increase of 13.98% and 10.76% along with JP INFRATEC and AJANTA PHARMA with an increase of 10.10% and 8.97% respectively, while the top losers of Group A include PMCFIN and DEN with a decrease of 9.95% and 7.13% along with PEL and SUPREME INDUSTRIES LTD. with a decrease of 6.32% and 5.65% at the close of the markets. The Auto sector is up 355.43points at 19,046.78 while the banking sector is up 327.22 points at 21,532.05 and the realty sector is down 1.99 points at 1,537.68. The Indian currency is down 0.1% at Rs 63.79 per dollar.

BSE closes points 57.95 down on May 28

New Delhi, May 28 (ANI): Trading at the Bombay Stock Exchange today closed 57.95 points down to stand at 27,506.71. At the National Stock Exchange the Nifty closed 15.60 points down to stand at 8,319.00 ARVIND and AMTEKAUTO were among the top gainers of Group A with an increase of 5.90% and 5.47% along with PAGE INDUSTRIES LTD. and KSCL with an increase of 4.74% and 4.48% respectively, while the top losers of Group A include WOCKPHARMA and JINDAL STEEL and POWER LTD. with a decrease of 8.90% and 8.31% along with ADANI ENTERPRISE LTD. and BANKINDIA with a decrease of 7.39% and 6.22% at the close of the markets. The Auto sector is up 22.09 points at 18,691.35 while the banking sector is down 107.73 points at 21,204.83 and the realty sector is down 2.25 points at 1,539.67.The Indian currency is up 0.14% at Rs 63.88 per dollar.

BSE closes points 33.25 up on May 27

New Delhi, May 27 (ANI): Trading at the Bombay Stock Exchange today closed 33.25 points up to stand at 27,564.66. At the National Stock Exchange the Nifty closed4.75 points down to stand at 8,334.60. WOCKPHARMA and BAJAJ ELECTRICALS LTD. were among the top gainers of Group A with an increase of 10.23% and 5.98% along with CADILA HEALTHCARE LTD. and IDBI with an increase of 5.88% and 5.62% respectively, while the top losers of Group A include TECH MAHINDRA LTD. and PUNJLLOYD with a decrease of 14.65% and 5.83% along with GATI and TTK PRESTIGE with a decrease of 5.68% and 5.68% at the close of the markets. The Auto sector is down 402.75 points at 18,669.26 while the banking sector is up 251.06 points at 21,312.56 and the realty sector is up 4.70 points at 1,541.92. The Indian currency is up 0% at Rs 63.98 per dollar.

BSE closes points 112.47 down on May 26

New Delhi, May 26 (ANI): Trading at the Bombay Stock Exchange today closed 112.47 points down to stand at 27,531.41. At the National Stock Exchange the Nifty closed 30.90 points down to stand at 8,339.35. DISH TV and VOLTAS were among the top gainers of Group A with an increase of 15.15% and 6.80% along with BHEL and BATA INDIA with an increase of 4.59% and 4.50% respectively, while the top losers of Group A include PMCFIN and PIIND with a decrease of 9.76 % and 6.39% along with AMTEK AUTO and WABAG with a decrease of 5.33% and 5.23% at the close of the markets. The Auto sector is down 22.77 points at 19,103.03 while the banking sector is up 15.96 points at 21,061.50 and the realty sector is down 13.31 points at 1,537.22. The Indian currency is up 0.57% at Rs 63.92 per dollar.

BSE closes points 313.62 down on May 25

New Delhi, May 25 (ANI): Trading at the Bombay Stock Exchange today closed 313.62 points down to stand at 27,643.88. At the National Stock Exchange the Nifty closed 88.70 points down to stand at 8,370.25. KAILASH and DISH TV were among the top gainers of Group A with an increase of 9.96% and 3.78% along with MAX and BRITANNIA with an increase of 3.66% and 3.63% respectively, while the top losers of Group A include INDIAN HOTELS CO.LTD. and NAUKRI with a decrease of 5.72 % and 5.42% along with CANARA BANK and TECH MAHINDRA LTD. with a decrease of 5.08% and 4.85% at the close of the markets. The Auto sector is down 62.34 points at 19,116.40 while the banking sector is down 146.75 points at 21,045.54 and the realty sector is down at 10.75 points at 1,546.79. The Indian currency is up 0.09% at Rs 63.58 per dollar.

Arun Jaitley, Government, Direct tax, GDP, Economy

New Delhi, May 25 (ANI): Union Finance Minister Arun Jaitley on Monday said the government expects increase of 14-15 percent in direct tax collection during the fiscal year due to increased economic buoyancy and improved Gross Domestic Product (GDP) growth. India's economy is forecast to accelerate to 8-8.5 percent growth in the fiscal year 2015-16 started in April, up from 7.4 percent last year. The government has direct tax target of rupees 7.98 lakh crore for 2015-16. Jaitley said the government had planned to invest in infrastructure projects, irrigation projects and social security schemes for the poor to further boost the economy. Jaitley also told officials to check tax evasion, squeezed out parallel economy and not to harass honest tax payers.

SBI says bad loan pressure easing

Kolkata, May 23 (ANI): State Bank of India (SBI), the nation's top lender by assets, posted better-than-expected quarterly bad debt levels and said it now expected an improvement, a long-awaited sign of easing pressure that helped its shares jump over five percent. The loan improvement in the three months ended in March helped SBI, which accounts for about a quarter of Indian loans and deposits, post a 23 percent rise in net profit to 37.42 billion rupees ($589 million), above forecasts. The bank's gross bad loan ratio fell to 4.25 percent the March quarter from 4.9 percent in the previous three months.

BSE closes points 120.29 up on May 22

New Delhi, May 22 (ANI): Trading at the Bombay Stock Exchange today closed 120.29 points up to stand at 27,957.50. At the National Stock Exchange the Nifty closed 37.95 points up to stand at 8,458.95. PUNJLLOYD and VOLTAS were among the top gainers of Group A with an increase of 13.48% and 10.65% along with BRITANNIA and TATA ELXSI with an increase of 6.38% and 5.39% respectively, while the top losers of Group A include KAILASH and CESC with a decrease of 9.96 % and 4.60% along with SCI and JSW ENERGY with a decrease of 4.23% and 3.63% at the close of the markets. The Auto sector is up 50.83 points at 19,178.74 while the banking sector is down 88.56 points at 21,192.29 and the realty sector is down at 3.96 points at 1,557.54. The Indian currency is down 0.19% at Rs 63.51 per dollar.

BSE closes points 27.86 down on May 21

New Delhi, May 21 (ANI): Trading at the Bombay Stock Exchange today closed 27.86 points down to stand at 27,809.35. At the National Stock Exchange the Nifty closed 2.25 points down to stand at 8,421.00. STAR and BAJAJ-AUTO were among the top gainers of Group A with an increase of 8.66% and 7.42% along with PUNJLLOYD and NAUKRI with an increase of 6.73% and 6.22 % respectively, while the top losers of Group A include AIA ENGINEERING LTD. and TATA STEEL with a decrease of 7.38 % and 4.69% along with INFRATEL and GPPL with a decrease of 3.78% and 3.74% at the close of the markets. The Auto sector is up 129.79 points at 19,106.80 while the banking sector is down 31.54 points at 21,280.85 and the realty sector is up at 141.39 points at 19,118.40. The Indian currency is down 0.22% at Rs 63.68 per dollar.

BSE closes points 191.68 up on May 20

New Delhi, May 20 (ANI): Trading at the Bombay Stock Exchange today closed 191.68 points up to stand at 27,837.21. At the National Stock Exchange the Nifty closed 57.60 points up to stand at 8,423.25. TRENT and SCI were among the top gainers of Group A with an increase of 9.95% and 5.89% along with CENTURY TEX and THERMAX with an increase of 5.69% and 5.27% respectively, while the top losers of Group A include PMCFIN and PUNJLLOYD with a decrease of 9.82% and 4.87% along with RELIANCE COMMUNICATIONS LTD. and BHARAT FORGE LTD. with a decrease of 4.30% and 4.16% at the close of the markets. The Auto sector is down 111.55 points at 18,969.13 while the banking sector is up 182.32 points at 21,312.39 and the realty sector is up at 1.46 points at 1,546.67. The Indian currency is up 0.25% at Rs 63.83 per dollar.

BSE closes points 41.77 down on May 19

New Delhi, May 19 (ANI): Trading at the Bombay Stock Exchange today closed 41.77 points down to stand at 27,645.53. At the National Stock Exchange the Nifty closed 8.00 points down to stand at 8,365.65. VA TECH WABAG LTD. and KPIT were among the top gainers of Group A with an increase of 8.19% and 6.14% along with JUST DIAL and FINOLEX INDUSTRIES LTD. with an increase of 5.74% and 5.17% respectively, while the top losers of Group A include PMCFIN and JP POWER with a decrease of 9.84% and 4.28% along with MPHASIS LTD. and MOTHERSON SUMI SYSTEMS LTD. with a decrease of 3.45% and 3.41% at the close of the markets. The Auto sector is down 147.49 points at 19,080.68 while the banking sector is down 36.17 points at 21,130.07 and the realty sector is up at 7.26 points at 1,545.21. The Indian currency is down 0.1% at Rs 63.64 per dollar.

BSE closes points 363.30 up on May 18

New Delhi, May 18 (ANI): Trading at the Bombay Stock Exchange today closed 363.30 points up to stand at 27,687.30. At the National Stock Exchange the Nifty closed 111.30 points up to stand at 8,373.65. JAIN IRRIGATION SYSTEMS LTD. and DELTA CORP were among the top gainers of Group A with an increase of 15.05% and 11.10% along with APOLLO TYRE and CEAT LTD. with an increase of 8.82% and 8.40% respectively, while the top losers of Group A include NCC and DENA BANK with a decrease of 8.90% and 3.86% along with J-K BANK and JP POWER with a decrease of 3.71% and 3.30% at the close of the markets. The Auto sector is up 152.50 points at 19,229.65 while the banking sector is up 252.31 points at 21,166.24 and the realty sector is down at 4.07 points at 1,537.03. The Indian currency is up 0.2% at Rs 63.63 per dollar.

BSE closes points 117.94 up on May 15

New Delhi, May 15 (ANI): Trading at the Bombay Stock Exchange today closed 117.94 points up to stand at 27,324.00. At the National Stock Exchange the Nifty closed 38.15 points up to stand at 8,262.35. Jubilant FoodWorks Ltd. and ALOK INDUSTRIES LTD. were among the top gainers of Group A with an increase of 11.36% and 11.15% along with NATCO PHARMA LTD. and SCI with an increase of 8.61% and 8.22% respectively, while the top losers of Group A include HDIL and PUNJ LLOYD LTD. with a decrease of 7.12% and 6.20% along with NCC and Edelweiss Financial Services Ltd. with a decrease of 5.25% and 4.69% at the close of the markets. The Auto sector is up 95.15 points at 19,059.67 while the banking sector is up 91.41 points at 20,913.93 and the realty sector is down at 20.71 points at 1,541.10. The Indian currency is down 0.17% at Rs 63.54 per dollar.

BSE closes points 45.04 down on May 14

New Delhi, May 13 (ANI): Trading at the Bombay Stock Exchange today closed 45.04 points down to stand at 27,206.06. At the National Stock Exchange the Nifty closed 11.25 points down to stand at 8,224.20. ORIENTBANK and KEC were among the top gainers of Group A with an increase of 10.92% and 9.65% along with EMAMI LTD and MONSANTO INDIA LTD with an increase of 8.49% and 7.46% respectively, while the top losers of Group A include LUPIN and WABAG with a decrease of 3.34% and 3.16% along with SREINFRA and PUNJLLOYD with a decrease of 2.16% and 1.77% at the close of the markets. The Auto sector is up 158.97 points at 18,964.52 while the banking sector is up 54.45 points at 20,822.52 and the realty sector is up at 16.52 points at 1,561.81. The Indian currency is up 0.28% at Rs 63.82 per dollar.

BSE closes points 373.62 up on May 13

New Delhi, May 13 (ANI): Trading at the Bombay Stock Exchange today closed 373.62 points up to stand at 27,251.10. At the National Stock Exchange the Nifty closed 108.50 points up to stand at 8,235.45 UNITED SPIRITS LTD. and SHREE CEMENT LTD. were among the top gainers of Group A with an increase of 9.80% and 8.87% along with UNIONBANK and MARICO with an increase of 7.66% and 7.51% respectively, while the top losers of Group A include SOBHA and PRESTIGE with a decrease of 5.73% and 4.14% along with LUPIN and ASHOK LEYLAND LTD. with a decrease of 3.35% and 3.33% at the close of the markets. The Auto sector is up 317.79 points at 18,853.26 while the banking sector is up 534.27 points at 20,768.07 and the realty sector is down at 5.33 points at 1,545.29. The Indian currency is down 0.31% at Rs 63.96 per dollar.

Stock markets tank by more than two percent

New Delhi/ Mumbai, May 13 (ANI): The BSE Sensex and Nifty fell more than 2 percent giving up most of their gains made in the previous two sessions, as stocks across the board declined on worries that key land acquisition and tax reforms would be delayed further. Forty-eight stocks of the 50 that make up the broader Nifty fell on worries the government has agreed to review the Land Acquisition Bill and the Good and Services Tax Amendment, unnerving foreign investors about likely delays. Also, the rupee trading below the key 64 per US dollar level is raising worries that foreign portfolio outflows may create a vicious cycle between rupee and domestic shares, fund managers said. He also added that the debt crisis in Greece too could be adversely affecting the market. The Sensex fell 2.3 percent while the Nifty ended 2.4 percent lower finding resistance from their technically important 200-day moving average.

BSE closes points 401.91 up on May 11

New Delhi, May 11 (ANI): Trading at the Bombay Stock Exchange today closed 401.91 points up to stand at 27,507.30. At the National Stock Exchange the Nifty closed 133.75 points up to stand at 8,325.25. BANK OF BARODA and GUJRAT GAS were among the top gainers of Group A with an increase of 17.05% and 10.77% along with ASHOK LEYLAND LTD. and GSPL with an increase of 7.86% and 7.80% respectively, while the top losers of Group A include FRL and HINDUSTAN UNILEVER LTD. with a decrease of 3.72% and 3.64% along with RELIGARE and JUST DIAL with a decrease of 3.48% and 2.76% at the close of the markets. The Auto sector is up 483.63 points at 18,853.26 while the banking sector is up 459.63 points at 20,849.22 and the realty sector is up at 14.24 points at 1,603.52. The Indian currency is up 0.07 % at Rs 63.98 per dollar.