Just Dial, Torrent Power among 8 stocks that made news today

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Updated: October 29, 2015 4:46:32 PM

Just Dial share price of slid 11.37 per cent at Rs 854.75 after the company reported lower-than-expected second quarter earnings on Wednesday post market hours.

just dial sharesJust Dial share price of slid 11.37 per cent at Rs 854.75 after the company reported lower-than-expected second quarter earnings on Wednesday post market hours.

The BSE Sensex extended losses for the fourth day in a row on Thursday as the benchmark index slid by 201.62 points to close at 26,838.14 after the US Federal Reserve said it may raise interest rates by the end of the year amid futures and options expiry. NSE Nifty declined 59.45 pts to close at 8,111.75.

Below are the stocks that made news today

Just Dial: The share price of the company fell 11.37 per cent at Rs 854.75 after the company reported lower-than-expected second quarter earnings on Wednesday post market hours. For the quarter ended September 30, 2015, the company posted net profit of Rs 46.30 crore, up 47.03 per cent, against Rs 31.49 crore in the corresponding quarter a year ago.

Raymond: The diversified group shares ended 3.66 per cent down at Rs 427.90 after the company reported a massive fall of 86.14 per cent in its consolidated net profit at Rs 9.44 crore for the second quarter ended September 30, 2015 on account of under-performance of its engineering business.

Torrent Power: Share price of the company surged and touched one-year high level intraday, after the firm reported consolidated net profit of Rs 246.27 crore for the quarter ended September 30.  The stock climbed 8.97 per cent to Rs 199.80 — its 52- week high — on BSE. Later, the scrip closed 3.85 per cent up at Rs 190.40.

Axis Bank: The share price of private lender fell further on Thursday and ended 2.81 per cent down at Rs 469.40 amid concerns about the bank selling its loans to asset reconstruction companies at steep discount during the last quarter.

Yes Bank: Share price of the bank closed 1.95 per cent higher after the company posted 26.5 per cent year-on-year rise in its net profit figures at Rs 610.40 crore for quarter ended September 30, 2015. The bank registered net profit of Rs 482.50 crore in the corresponding quarter a year ago.

NTPC: Share price of the public sector company closed 1.35 per cent down at Rs 127.80 after the company posted around 40 per cent increase in net profit at Rs 2,898.28 crore for the second quarter ended on September 30 on account of higher power generation.

Bharat Forge: Shares of Bharat Forge plunged 6.05 per cent after the company reported marginal rise in its Q2 net profit figures. The company reported 0.33 per cent rise in its net profit after tax at Rs 175.06 crore for the quarter ended September 30, 2015 as compared to Rs 174.49 crore for the same quarter in the previous year.

Rajesh Exports: Share price of the jewellery firm closed 1.56 per cent up at Rs 639.25 after the company informed stock exchanges that it has bagged an export order worth Rs 125 crore as an initial order of a special range of jewellery for the European markets.

 

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