6:00 PM Mumbai – GAIL signed gas-supply agreement with U.S.-based Cheniere Energy. Gammon Infra quarterly net swung to profit. HCL Tech net soared 32%. Info Edge plans to invest Rs 185 crore in Zomato Media. Power Grid approved two projects worth Rs 1,000 crore.
The Sensex Index slipped 130.44 or 0.5% to close at 28,032.85. The CNX Nifty dropped 43.60 or 0.5% to 8,382.30.
Gainers & Losers
Axis Bank Limited
, the largest private sector lender fell 0.9% to Rs 469.85 after raised $500 million in 5 years 6 months at 3.25% of coupon payment.
Apar Industries Limited
, the power transmission company fell 0.8% to Rs 447 after the company’s Singapore subsidiary is in the process to set up a facility in United Arab Emirates.
GAIL (India) Limited
, the natural gas producer declined 2.3% to Rs 478.65 after the company signed a gas-supply agreement with U.S.-based Cheniere Energy Inc.
Gammon Infrastructure Projects Limited
surged 10% to Rs 19.69 after the infrastructure developer said net in the second-quarter swung to profit Rs 20.91 crore compared to a loss of Rs 23.43 crore a same period last year.
Total sales jumped 11.7% to Rs 173.47 crore.
HCL Technologies Limited
, the software company advanced 1.9% to Rs 1,630.85 after net in the second-quarter surged 32.3% to Rs 1,873 crore.
Total revenues jumped 9.7% to Rs 8,735 crore.
Info Edge (India) Ltd
, the online advertisement company climbed 2.4% to Rs 970.40 after the companyplans to invest Rs 185 crore in Zomato Media.
Power Grid Corporation of India Limited
dropped 1.1% to Rs 146.70 after the company approved two transmission projects worth Rs 1,000 crore.
Sahara One Media and Entertainment Limited
, the media network tumbled 7.7% to Rs 94.90 after company terminated the agreement of May 2014 with Triologic Digital Media for sale of TV contents.