STOCK ON MOVE NEWS

Headlines:

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

RCL Retail surges over 7% on strong H1 earnings  -   22/06/2017 14:06
S hares of RCL Retail jumped over 7 per cent on the Bombay stock Exchange after the company reported over a two-fold growth in its net profit at Rs 0.44 crore for the six month ended March 31, 2017, compared to Rs 0.16 crore during the corresponding period of the previous year. Driven by strong earnings, shares of the company gained as much as 7.45 per cent to hit intra-day high of Rs 11.39 apiece on the...
Monnet Ispat dips 4% as lenders move to NCLT  -   22/06/2017 12:10
S hares of Monnet Ispat and Energy tumbled nearly 4 per cent on the Bombay stock Exchange after a Business Standard report suggested that lenders to the company has given the mandate to the SBI, the lead lender, to move an application before the National Company Law Tribunal (NCLT) to start the resolution process for the company. Weighed down the development, shares of the company declined as much as 3.88...
Bhushan Steel jumps nearly 8% on heavy volume  -   22/06/2017 12:01
S hares of Bhushan Steel rallied nearly 8 per cent on the Bombay stock Exchange amid spurt in volume trade. As per data available with exchange, as much as 6.98 lakh shares have changed hand till now as compared to two week average volume of 18.74 lakh. The scrip of the company has rallied 41 per cent in the last three sessions in otherwise weak market. Extending previous session rally, shares of the...
Amtek Auto extends rally on stake sale buzz  -   22/06/2017 11:53
S hares of Amtek Auto extended rally for the second day and locked in upper circuit on the Bombay stock Exchange after media report suggested that Bain Capital, TPG Capital DA Capital and Piramal Enterprises are in the fray to buy a stake in the debt-ridden company. In response to a clarification sought by the exchange in this regard, the company said that the secured lenders to the company have already i...
Veer Energy jumps 6% on plans to raise funds via QIP  -   22/06/2017 11:49
S hares of Veer Energy & Infrastructure rallied nearly 6 per cent on the Bombay stock Exchange after the company said its board has approved the proposal to raise Rs 2.65 crore through preliminary placement of equity shares to qualified institutional buyers. Following the development, shares of the company gained as much as 5.98 per cent to hit intra-day high of Rs 23.05 apiece on the Bombay Stock Exchang...
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