Page 56 - Companies

BSE closes points 427.11 down on March 13

New Delhi, March 13 (ANI): Trading at the Bombay Stock Exchange today closed 427.11 points down to stand at 28,503.30. At the National Stock Exchange the Nifty closed 128.25 points down to stand at 8,647.75. FINOLEX CABLES LTD and NATCOPHARM were among the top gainers of Group A with an increase of 9.63% and 9.10% along with DLF and GLAXOSMITHKLINE CONSUMER HEALTHCARE LTD. with an increase of 6.28% and 5.16% respectively, while the top losers of Group A include UNITECH and JAIPRAKASH ASSOCIATES LTD with a decrease of 6.47% and 6.45% along with IOB and RENUKA with a decrease of 6.23% and 6.11% at the close of the markets. The Auto sector is down 323.31 points at 19,462.10 while the banking sector is down 422.56 points at 21,522.29 and the reality sector is down at 11.01 points at 1,739.20. The Indian currency is down 0.54% at Rs 62.84 per dollar.

Nirupa Shankar takes hospitality business to a new leap

Bengaluru, March 13 (ANI): Nirupa Shankar joined the family business in 2009 and is responsible for adding new heights to the growth of the company. She oversees the group's hospitality ventures that include hotels, lifestyle membership clubs, serviced residences and convention centres. She is specifically responsible for the hospitality division's growth and strategy. Nirupa uses her analytical bent of mind to take on cost reduction measures, create a culture of data oriented decision making and to drive Business Excellence within Brigade. She has streamlined Brigade Hospitality's operations with a focus on increasing the company's bottom line. The company is looking forward to grow in both, hotel and real estate business at a fast pace.

BSE closes points 271.24 up on March 12

New Delhi, March 12 (ANI): Trading at the Bombay Stock Exchange today closed 271.24 points up to stand at 28,930.41. At the National Stock Exchange the Nifty closed 76.05 points up to stand at 8,776.00. NATCO PHARMA LTD and RELIANCE CAPITAL LTD. were among the top gainers of Group A with an increase of 15.21% and 11.39% along with AJANTA PHARMA LTD. and SINTEX with an increase of 9.23% and 8.62% respectively, while the top losers of Group A include PMCFIN and NAUKRI with a decrease of 10.00% and 2.60% along with PERSISTENT SYSTEMS LTD. and TECH MAHINDRA LTD. with a decrease of 2.53% and 2.25% at the close of the markets. The Auto sector is up 238.47 points at 19,785.41 while the banking sector is up 103.68 points at 21,944.85 and the reality sector is up at 26.40 points at 1,750.21. The Indian currency is down 0.3% at Rs 62.59 per dollar.

BSE closes points 49.56 down on March 11

New Delhi, March 11 (ANI): Trading at the Bombay Stock Exchange today closed 49.56 points down to stand at 28,664.26. At the National Stock Exchange the Nifty closed 9.70 points down to stand at 8,703.20. NATCO PHARMA LTD and FORTIS were among the top gainers of Group A with an increase of 9.57% and 8.86% along with UNITECH and IDEA with an increase of 7.28% and 6.14% respectively, while the top losers of Group A include PMCFIN and JUSTDIAL with a decrease of 9.93% and 8.80% along with SPARC and SUNTV with a decrease of 7.26% and 6.46% at the close of the markets. The Auto sector is down 12.74 points at 19,536.32 while the banking sector is down 24.00 points at 21,828.86 and the reality sector is up at 6.44 points at 1,723.07. The Indian currency is up 0.02% at Rs 62.75 per dollar.

BSE closes points 134.91 down on March 10

New Delhi, March 10 (ANI): Trading at the Bombay Stock Exchange today closed 134.91 points down to stand at 28,709.87. At the National Stock Exchange the Nifty closed 44.70 points down to stand at 8,712.05. BHARTI AIRTEL LTD. and NATCO PHARMA LTD. were among the top gainers of Group A with an increase of 6.83% and 6.42% along with GDL and IPCA LAB with an increase of 6.04% and 5.90% respectively, while the top losers of Group A include PMCFIN and PERSISTENT SYSTEMS LTD. with a decrease of 9.93% and 8.87% along with TATA ELXSI LTD. and ADANI POWER with a decrease of 7.47% and 4.72% at the close of the markets. The Auto sector is up 73.92 points at 19,557.89 while the banking sector is down 67.26 points at 21,893.37 and the reality sector is down at 30.56 points at 1,718.01. The Indian currency is up 0.11% at Rs 62.62 per dollar.

BSE closes points 604.17 down on March 9

New Delhi, March 9 (ANI): Trading at the Bombay Stock Exchange today closed 604.17 points down to stand at 28,844.78. At the National Stock Exchange the Nifty closed 181.00 points down to stand at 8,756.75. SPARC and BF UTILITIES LTD. were among the top gainers of Group A with an increase of 14.83% and 14.31% along with PMCFIN and CONCOR with an increase of 9.92% and 7.65% respectively, while the top losers of Group A include ADANIPOWER and ALOKTEXT with a decrease of 7.26% and 7.25% along with PIPAVAVDOC and PRESTIGE with a decrease of 6.66% and 6.52% at the close of the markets. The Auto sector is down 140.16 points at 19,557.33 while the banking sector is down 702.05 points at 21,939.90 and the reality sector is down at 53.72 points at 1,741.23. The Indian currency is down 0.72% at Rs 62.60 per dollar.

BSE closes points 68.22 up on March 5

New Delhi, March 5 (ANI): Trading at the Bombay Stock Exchange today closed 68.22 points up to stand at 29,448.95. At the National Stock Exchange the Nifty closed 15.10 points up to stand at 8,937.75. ALOK INDUSTRIES LTD. and NAUKRI were among the top gainers of Group A with an increase of 15.24% and 10.90% along with ECLERX SERVICES LTD. and STAR with an increase of 10.64% and 10.03% respectively, while the top losers of Group A include PIPAVAV DOC and NMDC with a decrease of 10.00% and 4.07% along with ULTRATECH CEMENT LTD. and FORTIS with a decrease of 3.89% and 3.82% at the close of the markets. The Auto sector is up 89.97 points at 19,687.92 while the banking sector is up 127.07 points at 22,641.95 and the reality sector is down at 0.28 points at 1,794.95. The Indian currency is down 0.05% at Rs 62.22 per dollar.

BSE closes points 213.00 down on March 4

New Delhi, March 4 (ANI): Trading at the Bombay Stock Exchange today closed 213.00 points down to stand at 29,380.73. At the National Stock Exchange the Nifty closed 73.60 points down to stand at 8,922.65. ALSTOM TandD INDIA LTD. and BF UTILITIES LTD. were among the top gainers of Group A with an increase of 8.84% and 7.59% along with RANBAXY and JAIPRAKASH ASSOCIATES LTD. with an increase of 7.09% and 6.94% respectively, while the top losers of Group A include BHUSHAN STEEL LTD. and RALLIS with a decrease of 8.10% and 7.21% along with NCC and SUZLON with a decrease of 6.66% and 6.31% at the close of the markets. The Auto sector is down 151.87 points at 19,601.26 while the banking sector is down 405.27 points at 22,514.88 and the reality sector is up at 0.28 points at 1,795.23. The Indian currency is up 0.37% at Rs 62.14 per dollar.

Market expert on RBI repo rate cut and Sensex

New Delhi, Mar 4 (ANI): Market experts on Wednesday gave credit to the growth-oriented proposals in the Union Budget for the cut in the Repo Rate by 25 basis points by the RBI. The Reserve Bank of India (RBI) cut the Repo Rate by 25 basis points to 7.5 percent, signaling that it was convinced by the fiscal consolidation measures announced in the budget proposals for 2015-16. The RBI has kept the cash reserve ratio (CRR) unchanged at four percent. The RBI move to cut the Repo Rate by 25 BPS had its immediate impact with the Bombay Stock Exchange's Sensex opening on a record high 30000 points and the National Index or Nifty opening at 9100 points in early morning trade.

RBI cuts repo rate by 25 bps, Arvind Subramanian says India can be viewed as recovering economy

New Delhi, March 04 (ANI): Chief Economic Adviser Arvind Subramanian on Wednesday said that India can be viewed as a recovering economy after The Reserve Bank of India (RBI) lowered its policy Repo Rate by 25 basis points to 7.5 percent, signaling that it was convinced by the fiscal consolidation measures announced in the budget proposals for 2015-16. The RBI has kept the cash reserve ratio (CRR) unchanged at four percent. This is the second out of turn 25 basis point-cut after the one in January. The RBI move to cut the Repo Rate by 25 BPS had its immediate impact with the Bombay Stock Exchange's Sensex opening on a record high 30000 points and the National Index or Nifty opening at 9100 points in early morning trade.

RBI cuts repo rate 25 BPS, Sensex, Nifty achieve record highs

New Delhi, March 04 (ANI): The Reserve Bank of India (RBI) cut the Repo Rate by 25 basis points to 7.5 percent, signaling that it was convinced by the fiscal consolidation measures announced in the budget proposals for 2015-16. The RBI has kept the cash reserve ratio (CRR) unchanged at four percent. "Disinflation is evolving along the path set out by the Reserve Bank in January 2014 and, in fact, at a faster pace than earlier envisaged," the RBI said in its statement for the reasons behind the rate cut. This is the second out of turn 25 basis point-cut after the one in January. The RBI move to cut the Repo Rate by 25 BPS had its immediate impact with the Bombay Stock Exchange's Sensex opening on a record high 30000 points and the National Index or Nifty opening at 9100 points in early morning trade.

BSE closes points 134.59 up on March 3

New Delhi, March 3 (ANI): Trading at the Bombay Stock Exchange today closed 134.59 points up to stand at 29,593.73. At the National Stock Exchange the Nifty closed 134.59 points up to stand at 8,996.25. TATA ELXSI LTD. and BHUSHAN STEEL LTD were among the top gainers of Group A with an increase of 20.00% and 15.30% along with IDBI and NATCO PHARMA LTD. with an increase of 10.33% and 9.99% respectively, while the top losers of Group A include EICHER MOTORS LTD. and COAL INDIA with a decrease of 4.46% and 3.98% along with MAHINDRA and MAHINDRA LTD and OBEROI REALTY LTD with a decrease of 3.48% and 2.79% at the close of the markets. The Auto sector is down 171.82 points at 19,753.13 while the banking sector is down 61.57 points at 22,920.15 and the reality sector is down at 21.59 points at 1,794.95. The Indian currency is down 0.04% at Rs 61.89 per dollar.

Market Expert after Nifty hits fresh all-time high of 9,000

New Delhi, Mar 3 (ANI): As investors cheered growth-oriented proposals in the Union Budget, the benchmark Sensex on Tuesday rose for the fourth straight session and the Nifty index hit new peak of 9,000.50. Market expert Sunil Shah said that the foreign investors poured funds on back of positive economic momentum.

BSE closes points 97.64 up on March 2

New Delhi, March 2 (ANI): Trading at the Bombay Stock Exchange today closed 97.64 points up to stand at 29,459.14. At the National Stock Exchange the Nifty closed 54.90 points up to stand at 8,956.75. NCC and JK LAKSHMI were among the top gainers of Group A with an increase of 17.47% and 14.77% along with SRE INFRA and HCC with an increase of 14.18% and 10.41% respectively, while the top losers of Group A include MUTHOOT FINANCE LTD. and GMR INFRA with a decrease of 7.08% and 5.60% along with ITC and BAJAJ-AUTO with a decrease of 4.97% and 4.03% at the close of the markets. The Auto sector is down 78.50 points at 19,924.95 while the banking sector is up 408.75 points at 22,981.72 and the reality sector is down at 5.38 points at 1,816.54. The Indian currency is up 0.15% at Rs 61.94 per dollar.

BSE closes points 473.47 up on Feb 27

New Delhi, Feb 27 (ANI): Trading at the Bombay Stock Exchange today closed 473.47 points up to stand at 29,220.12. At the National Stock Exchange the Nifty closed 160.75 points up to stand at 8,844.60. UNITECH and HCC were among the top gainers of Group A with an increase of 16.53% and 9.19% along with SINTEX and GMRINFRA with an increase of 9.19% and 8.89% respectively, while the top losers of Group A include RASOYPR and HATHWAY with a decrease of 4.26% and 3.68% along with PMCFIN and NIIT TECHNOLOGIES LTD with a decrease of 2.86% and 2.53% at the close of the markets. The Auto sector is up 417.21 points at 19,769.71 while the banking sector is up 581.77 points at 21,858.46 and the reality sector is up at 74.97 points at 1,838.53. The Indian currency is down 0.12% at Rs 61.82 per dollar.

BSE closes points 261.34 down on Feb 26

New Delhi, Feb 26 (ANI): Trading at the Bombay Stock Exchange today closed 261.34 points down to stand at 28,746.65. At the National Stock Exchange the Nifty closed 83.40 points down to stand at 8,683.85. NTPC and CENTURYTEX were among the top gainers of Group A with an increase of 4.90 % and 3.43 % along with TATA ELXSI LTD. and PEL with an increase of 3.36% and 2.86% respectively, while the top losers of Group A include UNIONBANK and SIEMENS with a decrease of 4.63% and 4.35% along with PIPAVAVDOC and RASOYPR with a decrease of 4.22% and 4.08% at the close of the markets. The Auto sector is down 280.32 points at 19,352.50 while the banking sector is down 198.72 points at 21,276.69 and the reality sector is up at 5.81 points at 1,763.56. The Indian currency is down 0.27% at Rs 61.80 per dollar.

BSE closes points 3.33 up on Feb 25

New Delhi, Feb 25 (ANI): Trading at the Bombay Stock Exchange today closed 3.33 points up to stand at 29,007.99. At the National Stock Exchange the Nifty closed 5.15 points up to stand at 8,767.25. SIEMENS and PMCFIN were among the top gainers of Group A with an increase of 5.27% and 4.93% along with OBEROI REALTY LTD. and NIIT TECHNOLOGIES LTD. with an increase of 4.72% and 4.67% respectively, while the top losers of Group A include CENTRAL BANK OF INDIA and RASOYA PROTEINS LTD. with a decrease of 8.07% and 3.92% along with THERMAX and ALEMBIC PHARMACEUTICALS LTD. with a decrease of 3.81% and 3.19% at the close of the markets. The Auto sector is down 5.62 points at 19,632.82 while the banking sector is down 164.25 points at 21,475.41 and the reality sector is up at 6.15 points at 1,757.75. The Indian currency is down 0.27% at Rs 62.03 per dollar.

BSE closes points 29.55 up on Feb 24

New Delhi, Feb 24 (ANI): Trading at the Bombay Stock Exchange today closed 29.55 points up to stand at 29,004.66. At the National Stock Exchange the Nifty closed 7.15 points up to stand at 8,761.25. RELIGARE and KSCL were among the top gainers of Group A with an increase of 6.09% and 5.91% along with PMCFIN and ADANI ENTERPRISES LTD with an increase of 4.94% and 4.85% respectively, while the top losers of Group A include TVSMOTOR and PIPAVAVDOC with a decrease of 6.95% and 5.54% along with JINDAL STEEL and ALSTOM TandD INDIA LTD. with a decrease of 5.16% and 4.50% at the close of the markets. The Auto sector is down 43.46 points at 19,653.53 while the banking sector is down 22.37 points at 21,639.66 and the reality sector is up at 9.77 points at 1,751.60. The Indian currency is up 0.03 % at Rs 62.30 per dollar.

BSE closes points 295.97 down on Feb 23

New Delhi, Feb 23 (ANI): Trading at the Bombay Stock Exchange today closed 295.97 points down to stand at 28,930.40. At the National Stock Exchange the Nifty closed 92.35 points down to stand at 8,741.25. OBEROI REALTY LTD and SOBHA were among the top gainers of Group A with an increase of 8.21% and 6.90% along with TATA ELXSI LTD. and WOCKPHARMA with an increase of 5.12% and 5.00% respectively, while the top losers of Group A include HDIL and PIPAVAVDOC with a decrease of 6.39% and 5.28% along with APOLLOTYRE and IFCI with a decrease of 4.92% and 4.91% at the close of the markets. The Auto sector is down 132.11 points at 19,700.59 while the banking sector is down 191.74 points at 21,662.03 and the reality sector is up at 3.54 points at 1,768.72. The Indian currency is down 0.02 % at Rs 62.23 per dollar.

BSE closes points 247.38 down on Feb 20

New Delhi, Feb 20 (ANI): Trading at the Bombay Stock Exchange today closed 247.38 points down to stand at 29,214.89. At the National Stock Exchange the Nifty closed 61.70 points down to stand at 8,833.60. SREI INFRASTRUCTURE FINANCE LTD and IDBI were among the top gainers of Group A with an increase of 9.82% and 8.42% along with CONCOR and JAIN IRRIGATION SYSTEMS LTD. with an increase of 7.59% and 6.05% respectively, while the top losers of Group A include PMCFIN and Bajaj Finance LTD with a decrease of 4.09% and 3.98% along with GODREJ CONSUMER PRODUCTS LTD. and DEN with a decrease of 3.82% and 3.78% at the close of the markets. The Auto sector is down 14.94 points at 19,832.70 while the banking sector is down 137.33 points at 21,819.46 and the reality sector is up at 12.02 points at 1,761.25. The Indian currency is up 0.19 % at Rs 62.22 per dollar.