STOCK ON MOVE NEWS

Headlines:

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

KEC International rises nearly 3% on promoter’s stake buying  -   20/02/2018 12:15
S hares of KEC International soared nearly 3 per cent on the Bombay Stock Exchange after the company’s promoter Instant Holdings today bought over 1 per cent stake in the infrastructure major for Rs 111 crore through an open market transaction. Boosted by the development, stocks of the company gained as much 2.65 per cent and touched an intra-day high of Rs 386.50 apiece on the Bombay Stock Exchange...
Suven Life Sciences up 3% on securing product patent  -   20/02/2018 12:14
S hares of Suven Life Sciences jumped over 3 per cent on the Bombay Stock Exchange after the company secured a product patent each from India and South Korea for treatment of disorders associated with neuro-degenerative diseases. Cheering the news, stocks of the company gained as much 3.29 per cent and touched an intra-day high of Rs 197.50 apiece on the Bombay Stock Exchange. In a similar fashion, sh...
Vakrangee falls 5% as FPI offloads stake  -   20/02/2018 11:39
S hares of Vakrangee tumbled 5 per cent and locked in lower circuit on the Bombay Stock Exchange amid volume trade after the foreign portfolio investors (FPIs) sold equity shares of the company through open market. Weighed down by FPI selling, stocks of the company declined as much 5 per cent and touched an intra-day low of Rs 221.55 apiece on the Bombay Stock Exchange. In a similar fashion, shares of...
Gitanjali Gems extends fall; scrip hits record low  -   20/02/2018 11:33
S hares of Gitanjali Gems extended losing streak for the fifth straight session on Tuesday and eroded another 10 per cent and locked in lower circuit on the Bombay Stock Exchange after the company’s director and two executives resign, taking moral responsibility. Adding the woes, Punjab National Bank has asked Gitanjali Group companies to pay "outstanding" dues amounting to Rs 1,045.88 crore, Gitan...
PNB down 5% on rating downgrade fears  -   20/02/2018 11:27
S hares of Punjab National Bank extended losing streak on Tuesday and tumbled nearly 5 per cent on the Bombay Stock Exchange after global rating agency Fitch placed state-run lender on 'Rating Watch Negative' (RWN), indicating a possibility of downgrade following the USD 1.77 billion fraud. Continuing its losing spree, stocks of the bank declined as much 4.67 per cent to touch an intra-day low of...
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