1. Top 10 stocks that trended in today’s trade: Jindal Steel, Lupin and more

Top 10 stocks that trended in today’s trade: Jindal Steel, Lupin and more

Lupin shares closed 9.04 per cent up at Rs 1801.45 after it reported 11.92 per cent decline in consolidated net profit to Rs 529.75 crore for the third quarter ended December 31.

By: | Updated: February 5, 2016 5:18 PM
Stocks that remained in focus today

Lupin shares closed 9.04 per cent up at Rs 1801.45 after it reported 11.92 per cent decline in consolidated net profit to Rs 529.75 crore for the third quarter ended December 31. (Photo: Reuters)

The BSE Sensex and NSE Nifty ended with gains on second day on Friday following value buying in frontline blue chip stocks amid stabilised crude oil prices. Buying in metal stocks too supported the sentiments on a report of MIP notification. Sensex jumped 278.54 points to close at 24,616.97, while NSE Nifty climbed 85.10 points to close at 7,489.10.

Below are the top 10 stocks that trended in today’s trade

Coal India: The state-owned company shares ended 1.48 per cent up at Rs 326.20 after its arm Mahanadi Coalfields Ltd has declared an Interim dividend of Rs 2,758.45 crore for 2015-16.

Bosch: Stocks of the company ended 4.97 per cent down at Rs 16133.20 after its standalone net profit doubled to Rs 220.77 crore in the quarter ended December 31. The company had posted a net profit of Rs 110.87 crore in the same period last fiscal, Bosch said in a BSE filing.

Lupin: Shares of the drug major closed 9.04 per cent up at Rs 1801.45 after it reported 11.92 per cent decline in consolidated net profit to Rs 529.75 crore for the third quarter ended December 31, hit by weak sales in the US. The company had posted a net profit of Rs 601.45 crore in the same period of the previous fiscal.

Metal stocks: Stocks of metal companies gained on reports that India may set minimum import price on steel imports. Shares of Jindal Steel and Vedanta closed 10.44 per cent up at Rs 63.45 and 9 per cent up at Rs 73.85, respectively. Tata Steel too gained despite reporting a consolidated net loss of Rs 2,127.23 crore for the quarter ended December 31, 2015. Shares of the company ended 3.47 per cent up at Rs 234.

Eicher Motors: Shares of the company closed 7.01 per cent up at Rs 18128.45 after reported 76.1 per cent increase in consolidated net profit at Rs 270.8 crore for the quarter ended December 31, 2015, riding on robust sales.

Reliance Infrastructure: Shares of Reliance Infra settled the day 6.75 per cent up at Rs 437.50 after the company said on Thursday that it has agreed to sell its cement business to Birla Corporation for Rs 4,800 crore ($710 million), as part of its efforts to reduce debt.

Cadila Healthcare: Shares of the company ended 4.74 per cent up at Rs 326.80 after it posted 38 per cent rise in consolidated net profit at Rs 390 crore for the third quarter ended December 31, on the back of robust sales in the US market.

Berger Paints: Stocks of the company ended 4.36 per cent at Rs 279.90 after it reported a 37.80 per cent increase in consolidated net profit at Rs 101.11 crore for the third quarter ended December. The company had posted consolidated net profit of Rs 73.37 crore during the October-December quarter of last fiscal.

Torrent Pharma: Shares of the drug companby ended 1.76 per cent up at Rs 1373.60 after it reported around three-fold jump in consolidated net profit at Rs 483 crore for the December quarter. The company had posted a net profit of Rs 167 crore in the same quarter of the previous fiscal. Later, the share price of the company were trading 2.23 per cent up at Rs 1380.

Mphasis: IT firm Mphasis on Thursday reported a 7.2 per cent increase in consolidated net profit at Rs 173.6 crore for the quarter ended December. The company had posted a net profit of Rs 161.9 crore in the same quarter last fiscal, Mphasis said in a BSE filing. Later, the scrip ended 2.51 per cent down at Rs 439.45.

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