- 24 May 1302:27 PMShares of Glenmark Pharmaceuticals were down nearly 4% at Rs 550 on report that the company's US arm Glenmark Generics has recalled some lots of three drugs because of "odd smell".01:59 PMShares of Hindustan Copper were up 2% at Rs 99.40 after the compay reported robust net profit growth in the fourth quarter earnings despite decrease in total income.11:03 AMFor the fourth quarter, net sales for the quarter increased 13.8% to $165.1 million from $145.1 million and net profit has inched up 4.2% to $49.2 million from $47.2 million.10:05 AMShares of BHEL were down 2% at Rs 192 on worries over slow execution, pressure on margins and lack of fresh orders.09:31 AMWockhardt has crashed 16% at Rs 1,099 this morning on news that the company could lose $100 million in annualised revenue due to US Food and Drug Administration "import alert" on one of its plants, but said it should be able to restore most of09:25 AMShares of Tata Steel has pulled back and surged over 6% in early trades on Friday amid short covering and value buying at lower levels after the company reported profit for its Indian operations.
- 23 May 1303:01 PMWockhardt is locked in lower circuit of 20% at Rs 1,315 on BSE with no buyers on the counter.01:18 PMState Bank of India (SBI) has tanked 6% to Rs 2,212 after reporting a worse-than-expected 19% year-on-year (yoy) drop in net profit at Rs 3,299 crore for the quarter ended March 31, 2013 (Q4) due to lower net interest income and higher provisioning for01:01 PMJet Airways (India) is trading lower by 1% at Rs 577 on back of heavy volumes on the Bombay Stock Exchange (BSE).12:38 PMShares of real estate, infrastructure and capital goods companies are witnessing a sell off in noon deals with many of them down over 6% each. Markets continue to trade near day lows after Japan's Nikkei slumped over 1,140 points or 7%.11:04 AMFairfield Atlas is trading higher by 3% at Rs 217 extending its three-month long rally on the Bombay Stock Exchange (BSE) on delisting plans.10:34 AMBharat Heavy Electricals Limited (BHEL) is trading lower by 3.4% to Rs 197 ahead of its Q4 (January-March) results today.10:10 AMLarsen and Toubro (L&T) is trading lower by 3% at Rs 1,470, extending its previous day’s around 6% fall, on reporting worse-than-expected 6.9% year-on-year decline in net profit at Rs 1,788 crore for the quarter ended March 31, 2013 (Q4) due to09:42 AMRanbaxy Laboratories has tanked 7% to Rs 402 in early morning trades on reports that Drug Controller General of India (DCGI) had been ordered to examine all the dossiers and drug applications on the basis of which approvals had been granted to Ranbaxy in09:34 AMOracle Financial Services Software has rallied 8% to Rs 2,630 after the promoter of IT consulting and software firm has received strong response for its share sale offer.
- 22 May 1302:27 PMShares of the state-owned oil marketing companies such as Bharat Petroleum Corporation (BPCL), Hindustan Petroleum Corporation (HPCL) and Indian Oil Corporation (IOC) are down more than 3% each on concerns of implementation of fuel pricing mechanism.01:43 PMLarsen and Toubro (L&T) has dipped 4.2% to Rs 1,551, falling 7% from intra-day’s high after reporting a 7% year-on-year (y-o-y) drop in net profit at Rs 1,788 crore for the quarter ended March 31, 2013 (Q4) due to higher finance cost.01:01 PMSun Pharmaceutical Industries has moved higher by 4%, crossing Rs 1,000 mark, at Rs 1,013 on the National Stock Exchange (NSE). The stock opened at Rs 978 and has seen a combined 807,017 shares changing hands on the counter till 1259 hours on NSE and BSE.11:04 AMStyrolution ABS (India) has tanked 8.5% to Rs 435, extending its previous day’s 8.8% fall the company said bids received in offer-for-sale (OFS) at or above the clearing price of Rs 426 have been considered for allocation.10:20 AMPuravankara Projects has dipped 6% to Rs 89.75 after the realty firm has fixed the floor price for its proposed private placement issue at Rs 80 per share. The floor price is 17% discount to Tuesday’s closing price of Rs 95.95 on BSE.