Britannia, Union Bank of India among 10 stocks that remained in news in Monday’s trade

By: | Updated: August 8, 2016 5:18 PM

Britannia stocks closed 9.38 per cent up at Rs 3152.05 after it posted 13.2 per cent increase in its consolidated net profit at Rs 219.1 crore for the first quarter ended June 2016 as against to net profit of Rs 193.7 crore in April-June of the previous fiscal.

Stocks in focus todayBritannia stocks closed 9.38 per cent up at Rs 3152.05 after it posted 13.2 per cent increase in its consolidated net profit at Rs 219.1 crore for the first quarter ended June 2016 as against to net profit of Rs 193.7 crore in April-June of the previous fiscal.

The BSE Sensex and NSE Nifty closed higher on Monday on the back of firm global cues amid buying ahead of RBI policy meet on Tuesday. Sensex closed 104.22 pts to settle at 28,182.57, while Nifty closed 28.20 points up  at 8,711.35.

Below are the 10 stocks that remained in news today

Britannia:  Stocks of the bakery and dairy product maker closed 9.38 per cent up at Rs 3152.05 after it posted 13.2 per cent increase in its consolidated net profit at Rs 219.1 crore for the first quarter ended June 2016 as against to net profit of Rs 193.7 crore in April-June of the previous fiscal.

Hero MotoCorp: Stocks of the company closed 0.66 per cent up at Rs 3456.80 after its net profit jumped 18.13 per cent jump at Rs 883.10 crore, for the first quarter ended June 30 as compared to Rs 747.54 crore during the April-June period last fiscal.

Amara Raja Batteries: Stocks of the company ended 2.89 per cent up at Rs 927.95 after it posted a rise of 6.82% in its net profit at Rs 130.66 crore for the quarter ended June 30, 2016 as compared to Rs 122.32 crore for the same quarter in the previous year.

Pfizer: Stocks of pharma company closed 2.12 per cent down at Rs 1895 after its standalone net profit rose 6.47 per cent to Rs 80.04 crore for the quarter ended June 30 as compared to Rs 75.17 crore for the corresponding period of the previous fiscal.

Wockhardt: Shares of the company settled 9.88 per cent down at Rs 915.30 after US Food and Drug Administration (USFDA) issued an import alert for its Ankleshwar plant for alleged violation of good manufacturing practices.

Andhra Bank: Shares of the public sector lender ended 4.98 per cent down at Rs 58.20 after its standalone net profit fell 84.6 per cent to Rs 31.09 crore for the quarter ended June as against net profit of Rs 202.52 crore in the same quarter of the previous fiscal.

Union Bank of India (UBI): Stocks of public sector bank settled the day 6.49 per cent down at Rs 128.25 after it posted 68 per cent fall in net profit to Rs 167 crore in the first quarter ended June 30as compared to Rs 519 crore in the same period last year.

Dr Reddy’s Laboratories: Stocks of Hyderabad-based pharma company closed 1.11 per cent up at Rs 3035.15  after it got approval from the Central Drug Standard Control Organisation (CDSCO) to export drugs for the European Union market.

Tata Coffee: Share price of the company closed 9.76 per cent up at Rs 126.55 after it reported over twofold jump in first quarter net profit at Rs 46 crore for the quarter ended June 30 as compared to net profit of Rs 21 crore in the year-ago period.

Hindustan Petroleum Corporation (HPCL): Stocks of the company ended 4.54 per cent up at Rs 1314.10 after Reserve Bank of India (RBI) allowed foreign investors to hike their stake in Hindustan Petroleum Corporation (HPCL) up to 40% under portfolio investment scheme (PIS).

 

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition