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Market Update

HUL, Kajaria Ceramics, Nerolac Paints Net Surge; Shanthi Gears Net Drops


Author: Mukesh Buch
ticker.com
Last Update: 9:33 AM ET October 27 2014

6:00 PM Mumbai Amrutanjan Health Care quarterly profit surged 38%. Hindustan Unilever net jumped 8% on 11% increase in revenues. Indiabulls Securities profit climbed 27%. Kajaria Ceramics net soared 48%. Nerolac Paints net and revenue surged. Shanthi Gears profit plunged 60%.

The Sensex Index declined 98.15 or 0.4% to close at 26,752.90 The CNX Nifty fell 22.85 or 0.3% to 7,991.70.

Gainers & Losers

Amrutanjan Health Care Limited soared 5.9% to Rs 307.15 after net in the second-quarter surged 38% to Rs 4.10 crore and total sales climbed 22.7% to Rs 41.04 crore.

Hindustan Unilever Limited plunged 4.8% to Rs 721.90 after net in the second-quarter rose 8% to Rs 988.16 crore and total revenue jumped 10.8% to Rs 7,639.33 crore.

Indiabulls Securities Limited advanced 1.4% to Rs 25.20 after net in the second-quarter jumped 26.6% to Rs 30.52 crore and net revenue climbed 25.4% to Rs 85.11 crore.

Kajaria Ceramics Limited dropped 4.8% to Rs 602.95 after net in the second-quarter surged 47.7% to Rs 39.75 crore and sales jumped 16.1% to Rs 537.70 crore.

Kansai Nerolac Paints Ltd. rose 0.8% to Rs 2,014.95 after net in the second-quarter soared 40.6% to Rs 72.66 crore and net sales jumped 17.2% to Rs 915.18 crore.

Sabero Organics Gujarat Limited advanced 1% to Rs 176 after net in the second-quarter plunged 27.4% to Rs 11.87 crore and total revenue soared 22.8% to Rs 270.67 crore.

Shanthi Gears Limited declined 4.1% to Rs 116.90 after net in the second-quarter tumbled 60.3% to Rs 2.27 crore and total revenue slipped 9.5% to Rs 37.73 crore.

Wendt (India) Limited climbed 3.2% to Rs 1,600 after net in the second-quarter dropped 9.6% to Rs 3.54 crore and total revenue climbed 10% to Rs 32.56 crore.

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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