Hindustan Copper, Eros International among 7 stocks that made news in Thursday’s trade

By: |
Updated: September 29, 2016 4:54:27 PM

Hindustan Copper stocks ended 4.97 per cent down at Rs 62.10 after it announced that the government will offload 7 per cent of its stake in the company, through which it aims to raise about Rs 400 crore.

Stocks in focus todayHindustan Copper stocks ended 4.97 per cent down at Rs 62.10 after it announced that the government will offload 7 per cent of its stake in the company, through which it aims to raise about Rs 400 crore.

Domestic equity markets closed lower on Thursdayfollowing announcement by the government that India conducted “surgical strikes” on Wednesday night on terror launch pads across LoC. Sensex plummeted 465.28 points to end at 27,827.53, while NSE Nifty dropped 153.90 points to end at 8,591.25.

Below are the 7 stocks that made news in Thursday’s trade

Jaiprakash Associates Ltd: Stocks of the company were trading 2.96 per cent up at Rs 11.47 as shareholders of Jaiprakash Associates Ltd (JAL) have approved the company’s proposal to convert its debt into equity. Later, the scrip settled 8.17 per cent down at Rs 10.23.

Hindustan Copper: Stocks of the company ended 4.97 per cent down at Rs 62.10 after it announced that the government will offload 7 per cent of its stake in the company, through which it aims to raise about Rs 400 crore.

ICICI Prudential Life Insurance: Stocks of the company, which recently concluded its Rs 6,057-crore IPO, made their debut on bourses on Thursday made a sluggish debut at bourses today, falling 1.5 per cent, against the issue price of Rs 334. Later, ICICI Prudenital Life Insurance shares closed nearly 11 per cent down at Rs 297.65 on BSE against the issue price. On NSE, the scrip settled 10.35 per cent down at Rs 295.85.

Pidilite Industries: Stocks of the company were trading 0.04 per cent up at Rs 691.05 (9.30 am) as it has entered into sales and distribution tie-up with WD-40 Company, a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories and homes around the world. Later, the scrip ended 3.22 per cent down at Rs 668.55.

Max Ventures & Industries: Stocks of the company ended 6.87 per cent down at Rs 49.50 as it has been authorised by shareholders to borrow up to Rs 300 crore. The authorisation was given to the company at its first annual general meeting held on Tuesday.

Eros International Media Ltd: Stocks of the company were trading 3.48 per cent up at Rs 217 (9.53 am) as it has tied up with UAE’s largest distribution and exhibition network, Phars Film. Later, the scrip ended 2.55 per cent down at Rs 204.35.

United Breweries (Holdings): Stocks of the company ended 0.47 per cent down at Rs 42.35 after its net profit rose over 13-fold for the first quarter ended June 30, 2016 as compared to net profit of Rs 2.15 crore during the same period of the previous fiscal.

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