Infosys share price of the company ended 3.89 per cent down at Rs 1019.85 after it in a conference call on Monday said that it was seeing pressure on margins in the ongoing quarter on the back of lower spending by top clients.
The BSE Sensex and NSE Nifty slid more than 1 per cent on Wednesday following rising concerns about India Inc earnings, falling commodity prices and weak global markets. Sensex closed 381.95 points down at 25,482.52, while Nifty 50 index fell 105.75 points at 7,731.80.
Below are the stocks that made news today
Ujaas Energy: Shares the company closed 1.20 per cent up at Rs 16.80 after the company informed BSE that it has bagged order worth Rs 36.98 crore from Electricity Department of Daman and Diu for setting up of 6 MW Grid Connected Solar PV Project including 5 years Operation & Maintenance on Turnkey Basis at Diu.
Infosys: Share price of the IT company ended 3.89 per cent down at Rs 1,019.85 after it in a conference call on Monday said that it was seeing pressure on margins in the ongoing quarter on the back of lower spending by top clients.
Aviation Stocks: Stocks of aviation companies like Jet Airways, IndiGo and SpiceJet remained in focus after Competition Commission on Tuesday slapped penalties totalling Rs 258 crore on these aviation companies for cartelisation in fixing fuel surcharge for transporting cargo.
Dishman Pharma: Shares of the company were trading 5.86 per cent up at Rs 344.05 as the company issued a clarification on Tuesday regarding a report on the USFDA warning letter to the company due to Clovis issues. The company said that it has not received any USFDA warnings or any communication whatever due to Clovis issue. Later, the share price of the company closed 1.85 per cent up at Rs 331.00.
Coal India: Stocks of the company closed 0.83 per cent up at Rs 334.95 after the government on Wednesday approved 10 per cent stake sale in state-owned Coal India Ltd, a move that could fetch around Rs 20,000 crore to the exchequer.