Tata Motors shares closed 7.19 per cent up at Rs 589.35 after the automaker secured orders worth Rs 900 crore for over 5,000 buses from various state and city transport undertakings in the first five months of FY17, indicating 80 per jump in the company’s order book compared to last year.
The BSE Sensex and NSE Nifty ended higher on Tuesday on account of buying in bluechip counters led by banking and auto stocks amid firm global markets. Sensex soared 445.91 points to end at 28,978.02, while NSE Nifty surged 133.35 points to settle at 8,943.
Below are 10 stocks which remained in focus in Tuesday’s trade
Tata Motors: Shares of the automaker closed 7.19 per cent up at Rs 589.35 after the automaker secured orders worth Rs 900 crore for over 5,000 buses from various state and city transport undertakings in the first five months of FY17, indicating 80 per jump in the company’s order book compared to last year.
Mindtree: Stocks of the mid-tier IT services firm ended 5.13 per cent down at Rs 521.70 as it has issued a profit and revenue warning, impacted primarily due to cross-currency movement and Brexit. Mindtree said that the margins are going to be lower than planned with a decline in EBITDA margins in Q2 FY17 compared to Q1 FY17. The company said it has implemented a range of operational efficiency improvements and cost control measures but these will not be sufficient to offset the revenue slowdown in Q2 FY17.
NBCC: Stocks of the company ended 0.94 per cent up at Rs 246.90 as it has bagged projects worth Rs 614.83 crore in August, while the company secured business of Rs 344.72 crore in July.
DLF: Stocks of the realty major closed 0.43 per cent up at Rs 150.55 after it on Friday announced the sale of its remaining 7 screens of DT Cinemas in the national capital to Cinepolis India for nearly Rs 64 crore, thereby exiting the cinema exhibition business.
Scooters India: Stocks of the company closed 4.86 per cent up at Rs 33.45 on reports that Heavy Industries Ministry will soon seek an in-principle approval for disinvesting government’s stake in loss making automaker followed by preparing a detailed Cabinet proposal for implementing the government’s decision.
Jubilant FoodWorks: Stocks of the company, which operates Domino’s Pizza and Dunkin Donuts chains in India, ended 9.51 per cent down at Rs 1067.90 after it posted a 31.09 per cent fall in standalone net profit at Rs 18.99 crore for the first quarter ended June 30.
Inox Wind: Share price of the company settled 6.33 per cent down at Rs 179.70 after after the company reported 80.44 per cent fall in consolidated net profit at Rs 11.82 crore for the quarter ended June 30, 2016 against Rs 60.42 crore in the same quarter last year.
Ahluwalia Contracts (India): Shares of the company ended the day 6.65 per cent up at Rs 316.95 after it informed bourses that the company has secured new order aggregating to Rs 244.13 crore for construction of hospital building, including electrical, plumbing and firefighting services for Chittaranjan National Cancer Institute at Kolkata.
Mangalore Refinery & Petrochemicals (MRPL): Shares of the company settled the day 5.42 per cent up at Rs 83.60 after it reported 77.62 per cent rise in net profit for the quarter ended June 30, 2016 against Rs 405.52 crore in the corresponding quarter a year ago.
Petronet LNG: Shares of the comapny ended 1.36 per cent up at Rs 358 after the company reported nearly 55 per cent surge in its consolidated net profit at Rs 377.86 crore for the quarter ended June 30, 2016 as compared to Rs 244.12 crore in the corresponding quarter a year ago.