Banks, auto stocks top contributors in Sensex rally
Shares of banking and automobiles, along with Infosys and Cipla have helped the benchmark index, the S&P BSE Sensex, scale new high on Thursday.
Insecticides (India) soars on 1:2 bonus issue
Insecticides (India) has soared 12% to Rs 867 on BSE after the board recommends the issue of bonus shares in the proportion of 1 bonus equity share for every 2 equity shares each held.
Godrej Properties, Brigade, Mahindra Lifespace to gain from FDI in construction
Realty stocks gained ground on Thursday, a day after the government relaxed norms for foreign direct investment (FDI) in the construction sector that are expected to boost affordable housing and smart cities across the country.
Maruti Suzuki hits new high as Q2 profit beats estimates
Maruti Suzuki India has gained 2% to Rs 3,262, also its record high on NSE, after reporting better-than-expected 28.8% year on year jump in net profit at Rs 863 crore for the second quarter ended September 2014 (Q2), on back of strong operational performance. The company had profit of Rs 670 crore in previous year quarter.
Astra Microwave surges as Q2 profit doubles
Astra Microwave Products has surged 8% to Rs 129 on BSE after reporting a more-than-double net profit at Rs 23.40 crore for the quarter ended September 2014 (Q2), on back of strong operational income. The company engaged in defence business had profit of Rs 11.60 crore in the same quarter last fiscal.
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