Gujarat Gas Company has dipped over 5% on profit booking after its board approved the amalgamation and arrangement between group companies.
·Glenmark Pharma declines after losing appeal on Tarka patent
Glenmark Pharmaceuticals has dipped nearly 3% after the company has lost its appeal to invalidate Abbott Laboratories' TARKA (trandolapril/verapamil hydrochloride) patent.
·HDFC Bank Q4 net up 23%
HDFC Bank fourth quarter (January-March) net profit rising 23 percent year-on-year to Rs 2,326 crore, driven by higher other income and fall in provisions. Asset quality was stable during the quarter.
·MRF slumps after poor Q2 earnings
MRF tumbled 7.7% after net profit declined 18.86% to Rs 170.87 crore on 13.66% growth in total income to Rs 3309.66 crore in Q2 March 2014 over Q2 March 2013.
Very good top corporate news is given by author and also it is good to see HDFC Bank Q4 Net increases by 23%.
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