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Market Update

Bajaj Finserv, Bajaj Finance, Symphony, Sintex Profit Climb


Author: Mukesh Buch
ticker.com
Last Update: 12:44 PM ET October 14 2014

6:00 PM Mumbai Bajaj Finserv profit climbed 14%. Bajaj Finance net jumped 18% on 29% increase in revenue. IL&FS Engineering secured order worth Rs 1,232 crore from National Highways Authority of India. Liberty Shoes net climbed 25%. Symphony net and revenue surged. Sintex profit soared.]

The Sensex Index fell 34.74 to close at 26,349.33 The CNX Nifty slid 20.25 to 7,864.

Gainers & Losers

Bajaj Finserv Limited fell 0.5% to Rs 1,107.85 after net in the second-quarter climbed 14.2% to Rs 315.93 crore and total revenues soared 25.9% to Rs 1,648.46 crore.

Bajaj Finance Limited increased 0.6% to Rs 2,700 after net in the second-quarter jumped 18% to Rs 197.15 crore and net revenues surged 28.8% to Rs 1,241.83 crore.

IL&FS Engineering and Construction Company Limited soared 16.1% to Rs 63.35 after the company secured order worth Rs 1,232 crore from National Highways Authority of India.

Liberty Shoes Limited declined 6.3% to Rs 295.60 after net in the second-quarter jumped 24.6% to Rs 2.43 crore and sales climbed 31.9% to Rs 143.80 crore.

Symphony Limited climbed 5.1% to Rs 1,541.45 after net in the first-quarter surged 51% to Rs 21.63 crore and total revenues soared 41.4% to Rs 110.40 crore.

Sintex Industries Limited declined 2.9% to Rs 84.25 after net in the second-quarter soared 45% to Rs 90.93 crore and total revenues climbed 25.1% to Rs 996.47 crore.

Tata Steel Limited fell 0.8% to Rs. 454.30 after the company said second-quarter steel production rose 0.3% to 2.21 million tons from the same quarter a year ago.

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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc