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Market Update

India Movers: ACC, Cairn India, Gujarat Pipavav, Hero, L&T Finance, Wipro


Author: Mukesh Buch
ticker.com
Last Update: 3:20 AM ET October 23 2013

6:00 PM Mumbai ACC net plunged 51% and Cairn India net soared 46%. Gujarat Pipavav profit surged above four-fold and Hero MotoCorp climbed 9%. Hindustan Zinc net rose 7% after sales surged 25%. Eros profit surged but revenue slid. L&T Finance net jumped and Wipro net climbed 19%.

The Sensex Index fell 28.92 to close at 20,864.97 The CNX Nifty slid 2.15 to close at 6,202.80.

Gainers & Losers

ACC Limited fell 1% to Rs 1,125 after net profit in the second quarter plunged 50.9% to Rs 118.90 crore and sales slid 1% to Rs 2,508.65 crore.

Cairn India Limited slipped 4.1% to Rs 318.90 after net profit in the second quarter soared 46% to Rs 3,385 crore and revenue advanced 5% to Rs 4,650 crore.

Exide Industries Limited fell 1.5% to Rs 127 after net profit in the second quarter decreased 1.3% to Rs 118.63 crore and sales jumped 7% to Rs 1,435.74 crore.

Eros International Media Limited gained 0.6% to Rs 144.80 after consolidated net profit in the second quarter surged 41.8% to Rs 36.97 crore and sales declined 12.8% to Rs 201.47 crore.

Gujarat Pipavav Port, Ltd climbed 6.5% to Rs 51 after net profit in the third quarter surged above four-fold to Rs 44.10 crore and sales soared 36% to Rs 118 crore.

Gujarat Fluorochemicals Limited slipped 3.7% to Rs 238 after consolidated net profit in the second quarter plunged 59.7% to Rs 56.06 crore and sales climbed 8.7% to Rs 704.72 crore.

Hero MotoCorp Limited gained 0.9% to Rs 2,087.70 after net profit in the second quarter climbed 9.3% to Rs 481.41 crore and sales jumped 10.5% to Rs 5,841.67 crore.

Hindustan Zinc Limited grew 0.4% to Rs 134.50 after net profit in the second quarter advanced 7% to Rs 1,640 crore and net sales surged 25% to Rs 3,521 crore.

L&T Finance Holdings Limited declined 2.3% to Rs 77.30 after net profit in the second quarter advanced 8.3% to Rs 155.72 crore and net sales surged 40.2% to Rs 1,320.06 crore.

V-Guard Industries Limited plunged 5% to Rs 498.90 after net profit in the second quarter plunged 19.4% to Rs 14.18 crore and net sales grew 6% to Rs 331.17 crore.

Wipro Limited dropped 4.4% to Rs 492.25 after consolidated net profit in the second quarter climbed 19% to Rs 1,932.10 crore and revenue jumped 12.9% to Rs 10,990.70 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