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STOCK ON MOVE NEWS

Headlines:

Indian stocks edge higher in lackluster trade; ITC up 3%

Real Estate shares in demand; Sobha hits 52-week  -   23/03/2017 12:36
S hares of real estate companies were trading higher on the Bombay Stock Exchange (BSE) after industry experts opined that home buying activity is likely to improve as government announced a slew of sentiment-building measures. In line with benchmark indices, shares of Bangalore-based Sobha gained as much as 12.15 per cent to hit 52-week high in intra-day trade to Rs 381.90 apiece on the Bombay Stock Exchan...
OMCs share gain on interim dividend payout  -   23/03/2017 12:30
S hares of oil marketing companies (OMCs) such as Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) were trading higher between 2-3 per cent on the Bombay Stock Exchange (BSE) as board of these companies are scheduled to hold meeting to declare interim dividend. In BSE, Oil&Gas index was at 13461.21, up by 187.79 points, or by 1.41 per cent. Hind...
Cairn India rises over 3% as cabinet okays policy for extending oilfield contracts  -   23/03/2017 12:25
S hares of oil and gas major Cairn India advanced over 3 per cent on the Bombay Stock Exchange (BSE) after cabinet passed a policy for granting extension to licences of oil and gas fields on payment of an additional 10 per cent profit share. Buoyed by the government move, shares of company gained as much as 3.22 per cent to hit intra-day high of Rs 300.50 apiece on the Bombay Stock Exchange. In a simi...
Hindustan Composites surges 20% on bonus, stock split plan  -   23/03/2017 12:17
S hares of Hindustan Composites rallied 20 per cent on the Bombay Stock Exchange (BSE) after asbestos industrial products manufacturer said that its board would consider a bonus issue and stock split plan in a meeting to be held on Monday, 10th April, 2017. Following the announcement, shares of company gained as much as 20 per cent to hit intra-day high of Rs 1908.00 apiece on the Bombay Stock Exchange....
Som Distilleries zooms over 18% on start of Beer supply in Karnataka  -   23/03/2017 12:12
S hares of Som Distilleries & Breweries rallied over 18 per cent on the Bombay Stock Exchange (BSE) after the company said that it has started the supply of Black Fort Beer to Karnataka. Following the announcement, shares of company gained as much as 18.54 per cent to hit intra-day high of Rs 143.80 apiece on the Bombay Stock Exchange. In a similar fashion, stocks of company climbed 18.50 per cent to...
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