Thursday, 17 July 2014
·
Crompton Greaves gains over 10% on
demerger plan of consumer products biz
Crompton
Greaves has surged 12% after the company’s board proposed to demerge its
consumer products business unit into a separate listed company.
·
Mindtree Q1 PAT at Rs129 crore
Mindtree Ltd
has posted results for the first quarter ended 30th June, 2014.The net profit
for the quarter stood at Rs129 crore. The net sales for the quarter stood at
Rs843.5 crores.
·
Hindalco Industries hits 52-week
high
Hindalco Industries rose
2.42% with the stock extending Wednesday's gains triggered by a foreign
brokerage upgrading the stock to buy from underperform.
·
Bajaj Auto Q1 net at Rs 740cr,
operating profit margin weak
Bajaj Auto
disappointed with the first quarter (April-June) results, net profit rising
marginally to Rs 740 crore compared to Rs 737.7 crore in same quarter last
year, dented by weak operational performance and higher depreciation charge.
