Top 8 stocks that trended today: Infosys, Tata Steel, Mastek and more

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Updated: Jan 14, 2016 4:43 PM

Mastek shares closed 5.28 per cent down at Rs 158.00 after the company posted 70 per cent quarter-on-quarter fall in its consolidated net profit figures for the quarter ended December 2015.

Stocks that made news Mastek shares closed 5.28 per cent down at Rs 158.00 after the company posted 70 per cent quarter-on-quarter fall in its consolidated net profit figures for the quarter ended December 2015. The company posted net profit of Rs 0.79 crore against Rs 2.99 crore in the sequential quarter ended September 30, 2015. (Photo: Reuters)

The BSE Sensex and NSE Nifty ended in red in a volatile session on Thursday following weak Asian and European markets. Sensex slid 81.14 points to close at 24,772.97, whiler NSE Nifty dropped 25.60 points to end at 7,536.80.

Below are the top 8 stocks that remained in limelight today:

Infosys: Stocks of the IT major were trading 5.14 per cent up at Rs 1137.95 in early trade after the company surpassed markets expectation and reported 6.6 per cent year-on-year and 1.97 per cent quarter-on-quarter growth in its consolidated net profit figures to Rs 3,465 crore for the quarter ended December 30,2015. Later, the shares closed 4.28 per cent up at Rs 1128.70.

Mastek: Shares of the company closed 5.28 per cent down at Rs 158.00 after the company posted 70 per cent quarter-on-quarter fall in its consolidated net profit figures for the quarter ended December 2015. The company posted net profit of Rs 0.79 crore against Rs 2.99 crore in the sequential quarter ended September 30, 2015. Net profit of the company fell 90 per cent on year-on-year basis.

Tata Steel: Shares of the company settled 3.36 per cent down at Rs 238.70 after after the global rating agency S&P downgraded the company on weak operating performance.

Deep Industries: Shares closed 8.02 per cent up at Rs 180.40 after the company received Notification of Award for Hiring of Natural Gas Compression Services at CTF Ankleshwar for a capacity of 1 LSCMD and period of one year. The total value of said award is of Rs 7.26 crore.

Karur Vysya Bank: Shares of the bank closed closed 4.89 per cent down at Rs 464.80 after the private lender reported a 34.20 per cent jump in net profit at Rs 152.83 crore for third quarter ended December 31, on account of lower provisions for bad loans.

Reliance Industrial Infrastructure (RIIL): The company on Wednesday reported an over 25 per cent drop in its third quarter net profit to Rs 3.96 crore. The company had recorded a net profit of Rs 5.32 crore in October-December of the last fiscal 2014-15, RIIL said in a statement. Shares of RIIL settled 4.64 per cent down at Rs 426.50.

Cadila Healthcare: Government approved five foreign investment proposals involving an inflow of Rs 6,050 crore including a Rs 5,000-crore plan of Cadila Healthcare for fresh equity infusion. Cadila will infuse equity of up to Rs 5,000 crore through issue of shares to QIBs through Qualified Institutional Placement for expansion. Shares of the company closed 1.41 per cent down at Rs 315.40.

Everest Industries:  The company announced its results for third quarter ended December 31, 2015 on Wednesday post market hours. The company posted around two fold jump in its net profit after tax at Rs 2.76 crore for the quarter under review as compared to Rs 1.14 crore for the same quarter in the previous year. Total income of the company increased by 1.86 per cent at Rs 282.46 crore for Q3FY16 as compared Rs 277.3 crore for the corresponding quarter of previous year. Later, the shares of the company closed 2.76 per cent up at Rs 260.20.

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