The BSE Sensex and NSE Nifty closed with marginal gains in a choppy trade on Wednesday following some buying in in blue chip companies in last leg of the trade. Sensex closed with gains of 18.69 points at 28,372.23, while NSE Nifty ended 11 points at 8,726.60.
Below are 13 stocks which hogged limelight in Wednesday’s trade:
Inox Wind: Share price of the company closed 11.91 per cent up at Rs 198.20 as the company released the transcript of its earnings call on Tuesday.
Reliance Capital: Stocks of the company settled the day 8.69 per cent up at Rs 578.85 after its board of directors on Tuesday approved the independent listing of its home finance business, Reliance Home Finance Ltd (RHF), on the stock exchanges. The company will hold a 51 per cent stake in Reliance Home Finance, and it will be adequately capitalised to grow the lending book to over Rs 20,000 crore in the next 18 months.
Coal India: Stocks of the company ended 1.97 per cent down at Rs 324.20 after it reported 14.78 per cent decline in consolidated net profit at Rs 3065.28 crore for the quarter ended June 30, 2016 against Rs 3596.93 crore in the same quarter last year.
Suzlon Energy: Stocks of the company ended 6.96 per cent down at Rs 16.05 after it posted a consolidated net loss of Rs 259.97 crore in the first quarter of the ongoing financial year. It had reported a net profit of Rs 1,014.34 crore in the same quarter last year.
Amtek Auto: Amtek Auto: Share price of the company ended 2.49 per cent down at Rs 43 after the company’s net loss widened to Rs 319.68 crore for the quarter ended June 30, 2016 as compared to a net loss of Rs 157.60 crore in the same quarter last year.
Nalco: Stocks of aluminium maker ended 1.70 per cent down at Rs 46.20 as its standalone net profit fell by 26 per cent to Rs 135 crore for the quarter ended June 30 as compared to net profit of Rs 174.32 crore in the year-go period.
HCC: Share price of the company settled the day 7.87 per cent up at Rs 41.10 after it won Rs 181.65 crore contract from the Department of Atomic Energy (DAE) to build premium high rise residential towers at Indira Gandhi Centre for Atomic Research (IGCAR), Kalpakkam in Tamil Nadu.
Tata Motors: Stocks of the automaker scrip ended 1.31 per cent up at Rs 561.40 after it subsidiary Jaguar Land Rover (JLR) has invested an additional 100 million pounds at Castle Bromwich plant in Birmingham to start manufacturing sports sedan Jaguar XE at the facility.
Reliance Infrastructure: Stocks of the company ended 3.42 per cent up at Rs 597.20 after it posted a 7.21 per cent rise in its consolidated net profit at Rs 438.80 crore for the quarter ended June in comparison to net profit of Rs 409.27 crore for the same quarter in 2015-16.
NHPC: Stocks of the company ended 4.49 per cent up at Rs 26.75 as it has signed a contract agreement for renovation and modernisation of 180 MW Baira Siul Power Station, Himachal Pradesh on September 08, 2016 at New Delhi with Bharat Heavy Electricals Limited (BHEL).
Cairn India: Stocks of the private oil and gas explorer ended 1.85 per cent up at Rs 192.45 after it received a go-ahead from its shareholders for merger of the firm with parent Vedanta.
Indiabulls Housing Finance: Stocks of the company closed 3.46 per cent up at Rs 793.30 after it said that it is planning to raise up to Rs 7,000 crore through a public issue of non-convertible debentures (NCDs).
J Kumar Infra: Stocks of the company ended 3.64 per cent up at Rs 162.30 after it registered a 15.63 per cent increase in its net profit at Rs 29.52 crore for the quarter ended June 2016 against Rs 25.53 crore in the corresponding quarter of the last fiscal.