Domestic equity markets ended higher on Friday tracking strong global cues that closed firm after Bank of England announced a rate cut and fresh stimulus. BSE Sensex closed 363.98 points, or 1.31 per cent, to end at 28,078.35, while NSE Nifty settled 132.05 points, or 1.54 per cent at 8,683.15.
Below are the 8 stocks that remained in focus today
Tata Motors: Shares of the automaker closed 3.21 per cent up at Rs 516.35 after Jaguar Land Rover (JLR) reported its best ever July retails sales by registering a 34 per cent year-on-year jump at 44,486 units.
Gati Ltd: Stocks of logistic company ended 2.49 per cent down at Rs 164.70 after it posted 20.5 per cent year-on-year rise in consolidated net profit to Rs 9.44 crore for the quarter ended June 30, 2016.
Cummins India: Stocks of engines manufacturer settled 2.16 per cent up at Rs 858.30 despite posting 13.62 per cent decline in net profit at Rs 181.18 crore for the first quarter ended June 30, 2016-17 as against consolidated net profit of Rs 209.9 crore in the same period of last fiscal.
Deepak Fertilisers: Shares of the company ended 1.30 per cent up at Rs 170.90 after it announced setting up of a new nitric acid plant at Dahej in Gujarat with an investment of Rs 550 crore to meet the rising demand.
Suzlon: Stocks of the company closed 5.21 per cent up at Rs 17.15 after it won turnkey orders totalling 75.60 mw from various public sector undertakings and small and medium enterprises between April and July, first four months of the current fiscal.
Triveni Turbine Ltd: Share price of the company hogged limelight and closed 4.43 per cent up at Rs 122.45 after it posted a 32.21 per cent jump in its consolidated net profit at Rs 26.84 crore in the first quarter ended June 30, 2016 as against Rs 20.30 cr in net profit in the April-June quarter last fiscal.
8K Miles Software Services: Shares of the company ended 13.44 per cent up at Rs 2068.60 after it said that the board will meet later this month to consider splitting of equity shares and issue of bonus shares to the shareholders of the company.
Bharat Forge: Shares of the company ended 12.51 per cent up at Rs 814 despite the company reporting 37.71 per cent fall in net profit at Rs 122.06 crore for the first quarter ended June 30, 2016 as compared to Rs 195.97 crore in the corresponding quarter a year ago.