Reliance Industries rose 1.98% to Rs 1,007.35 at 11:58 IST on reports the company has got up to 25% higher price offers for natural gas it produces from the eastern offshore Krishna-Godavari basin. Meanwhile, the BSE Sensex was up 139.69 points, or 0.72%, to 19486.65. On BSE, 8.90 lakh shares were traded in the counter as against an average daily volume of 8.61 lakh shares in … [Read more...]
HUL Down on buzz of lower Q2 advance tax payment
Hindustan Unilever dropped 0.57% to Rs 276.85 at 12:35 IST on BSE, on reports the company's advance tax payment declined 17.6% to Rs 140 crore in Q2 September 2010 over Q2 September 2009. Meanwhile, the BSE Sensex was up 112.71 points, or 0.79% at 19,459.67. On BSE, 85,845 shares were traded in the counter as against an average daily volume of 2.28 lakh shares in the past one … [Read more...]
Suzlon Energy losses continues
Suzlon Energy trips as Q1 net loss widens Suzlon Energy plunged 5.93% to Rs 53.10 at 9:35 IST on BSE, after the company reported higher consolidated net loss of Rs 912.22 crore for Q1 June 2010, much higher than a net loss of Rs 452.67 crore for Q1 June 2009. Meanwhile, the BSE Sensex was down 13.49 points, or 0.07% at 18,153.54. On BSE, 22.24 lakh shares were traded in the … [Read more...]
JBM Auto posted good Q1 results
JBM Auto advanced 2.15% to Rs 71.15 at 10:15 IST on BSE, after net profit rose 26.4% to Rs 3.26 crore on 69.2% surge in net sales to Rs 77.61 crore in Q1 June 2010 over Q1 June 2009. The company declared its results after market hours on Wednesday, 11 August 2010. Meanwhile, the BSE Sensex was down 71.86 points, or 0.40% at 17,998.33. On BSE, 4,541 shares were traded in the … [Read more...]
M&M win bid to acquire South Korea’s Ssangyong Motor
Mahindra & Mahindra fell 1.06% to Rs 621 at 9:14 IST on BSE in weak market after the utility vehicles major won the bid to acquire South Korea's Ssangyong Motor after offering the highest bid price and securing financing plans. Meanwhile, the BSE Sensex was down 122.60 points, or 0.68%, to 17,947.59. On BSE, 16,000 shares were traded in the counter as against an average … [Read more...]