Cyient, Sanghi Industries among 10 stocks that remained in focus in Friday’s trade

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Updated: April 22, 2016 4:25:12 PM

Cyient share price closed 5.75 per cent down at Rs 454.45 after the company reported a 30 per cent drop in net profit for the March quarter.

Stocks that remained in focusCyient share price closed 5.75 per cent down at Rs 454.45 after the company reported a 30 per cent drop in net profit for the March quarter.

The BSE Sensex snapped six days rally and closed 42.24 points down at 25,838.14 in a lacklustre trade. Nifty settled below 7,900-mark by falling 12.75 points to end at 7,899.30.
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Below are the 10 stocks that remaained in focus today

Cyient: Share price of the IT firm closed 5.75 per cent down at Rs 454.45 after the company reported a 30 per cent drop in net profit for the March quarter.

Sanghi Industries: Shares of company closed 5.51 per cent up at Rs 70.90 after Piramal Enterprises invested Rs 256.5 crore in the company by subscribing to the cementmaker’s non-convertible debentures.

Dishman Pharma: Share price of the company ended 2.91 per cent up at Rs 353.55 after the company fixed May 3 as record date for bonus shares.

Tata Steel: Stocks of the company closed 0.17 per cent down at Rs 353.80 after the UK government announced it is willing to acquire 25 per cent minority equity stake in Tata Steel’s UK operations as well as offer “hundreds of millions of pounds” in debt relief to rescue the troubled Indian steel giant by helping potential buyers.

Reliance Industries: Stocks of the company ended 0.21 per cent down at Rs 1038.75 ahead of its fourth quarter results later in the day.

Piramal Enterprises: Stocks of the company closed 0.19 per cent down at Rs 1076.95 after it said that it has invested Rs 256.5 crore in Sanghi Industries by subscribing to the cement maker’s non-convertible debentures.

Hindustan Zinc Ltd:  Stocks of the company 1.06 per cent down at Rs 172.10 after it on Thursday reported a 7.59 per cent increase in net profit to Rs 2,149.13 crore for the March quarter.

IndusInd Bank: Stocks of the company ended 0.83 per cent up at Rs 979.75 after it reported a 25 per cent jump in net profit for March quarter at Rs 620.35 crore, helped by a jump in retail assets that pushed its core interest income.

Supreme Industries: Share price of the company ended 1.04 per cent up at Rs 807 after the plastic products maker reported 12.06 per cent rise in consolidated profit to Rs 114.56 crore for its third quarter ended March.

Dhanlaxmi Bank: Stocks of the company settled the day 1.27 per cent up at Rs 20 after it informed BSE regarding “Implementation of Marginal Cost of Funds Based Lending Rates of the Bank”.

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