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  1. Top 10 stocks that made news today: Amtek Auto, Unitech, BHEL and more

Top 10 stocks that made news today: Amtek Auto, Unitech, BHEL and more

Amtek Auto Shares ended 5.63 per cent down at Rs 27.65 after the company reported net loss of Rs 132.15 crore for the quarter ended December 31, 2015 as compared to net profit of Rs 70.81 crore for the same quarter in the previous year.

By: | Updated: February 12, 2016 5:00 PM
Stocks that made news

Amtek Auto Shares ended 5.63 per cent down at Rs 27.65 after the company reported net loss of Rs 132.15 crore for the quarter ended December 31, 2015 as compared to net profit of Rs 70.81 crore for the same quarter in the previous year. (Photo: Reuters)

The BSE Sensex managed to end 34 points higher at 22,986.12 on Friday, but recorded its biggest weekly fall in more than six years as fears of a global slowdown and muted quarterly numbers of blue-chips, especially banks, hammered stocks during the week. The NSE Nifty in choppy movements, tested the 7,000-mark to touch a high of 7,003.80 points at the outset and finally ended 4.60 points or 0.07 per cent up at 6,980.95.

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

Amtek Auto: Shares of the company tanked 5.63 per cent down at Rs 27.65 after the company reported net loss of Rs 132.15 crore for the quarter ended December 31, 2015 as compared to net profit of Rs 70.81 crore for the same quarter in the previous year.

Unitech: Shares of the realty firm settled the day at 2.20 per cent down at Rs 4 after the company reported a consolidated net loss of Rs 16.10 crore for the quarter ended December 31.

Tata Motors: Shares of the company ended the day later 8.34 per cent up at Rs 298.65 after Deutsce Bank upgraded automobile company’s stock to ‘Hold’ from ‘Sell’. The brokerage said that the earnings highlighted their worst fears as the company suffered from weak pricing and profitability. However, it added price correction in past six months justified a rating upgrade.

Wockhardt Ltd: Shares of the company scrip ended the day 13.09 per cent down at Rs 760.80 after it on Thursday reported an 82.44 per cent decline in consolidated net profit at Rs 60.97 crore for the third quarter ended December 31, 2015. It had posted a net profit of Rs 347.25 crore in the October-December quarter of 2014-15.

TeamLease: Shares of staffing firm TeamLease Services debuted at the bourses on Friday. The scrip later closed 20.23 per cent up at Rs 1,021.95 against the issue price of Rs 850.

BHEL: Stocks of the company were ended 12.13 per cent down at Rs 104.55 after it reported standalone net loss of Rs 1,101.99 crore for the quarter ended December 31, 2015 due to higher expenses and lower revenues.

Oil and Natural Gas Corp (ONGC): State-owned company closed 4.56 per cent down at Rs 193.55 after it on Thursday reported its lowest quarterly profit in more than 15 years as it took one-time impairment charge on reserves due to slump in oil prices.

Tata Steel: Global agency Moody’s on Thursday downgraded credit ratings of Tata Steel on a weaker than expected operating performance in its key operating markets of India, Europe and Southeast Asia on account of persistently weak steel prices. The scrip settled 3.18 per cent down at Rs 217.85.

Srei Infrastructure Finance: Share price of the company closed 3.92 per cent down at Rs 45.35 after it on Thursday said that its consolidated net profit declined by 27.25 per cent to Rs 17.16 crore for the third quarter of 2015-16 fiscal.

Lanco Infratech: The company on Thursday reported a consolidated net profit of Rs 136.49 crore for the quarter ended December 31, 2015 on the back of better performance of operating power projects and write-back of tax provisions. The scrip settled the day 3.37 per cent up at Rs 5.83.

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