6:00 PM Mumbai ALSTOM India secured a contract worth 30 million from BHEL. Hindustan Zinc net declined 13%. LIC Housing Finance profit soared 17%. Reliance net rose 0.8% but revenue climbed 13%. TCS and Japan-based Mitsubishi form a new software company. Wipro net surged 41%.
The Sensex Index jumped 135.99 or 0.6% to close at 22,764.83. The CNX Nifty rose 38.25 to close at 6,817.65.
Gainers & Losers
ALSTOM India Ltd
jumped 1.6% to Rs 398.30 after the company secured a contract worth 30 million from Bharat Heavy Electricals.
Hindustan Zinc Ltd
gained 0.5% to Rs 132.20 after net profit in the fourth-quarter declined 13.1% to Rs 1,881.20 crore and total revenue fell 1.8% to Rs 4,231.34 crore.
LIC Housing Finance Limited
increased 1.4% to Rs 273.15 after net profit in the fourth-quarter soared 17% to Rs 370.02 crore and total revenue climbed 19.4% to Rs 2,477.94 crore.
Liberty Shoes Ltd
surged 14.4% to Rs 187.60 after net profit in the fourth-quarter surged 340.2% to Rs 4.27 crore and net sales soared 35.4% to Rs 142.05 crore.
Reliance Industries Limited
rose 0.07% to Rs 959.45 after net profit in the fourth-quarter rose 0.8% to Rs 5,631 crore and revenue climbed 12.9% to Rs 97,807 crore.
For the year, net profit jumped 4.7% to Rs 21,984 crore and revenue soared 8.1% to Rs 4,01,302 crore.
The company said gross refining margin in the quarter dropped to $9.3 per barrel from $10.1 per barrel a year ago.
As on March, company''s outstanding debt jumped to Rs 89,968 crore compared to Rs 72,427 crore a year earlier.
Tata Consultancy Services Limited
rose 0.1% to Rs 2,220.50 after the company signed a pact with Japan-based Mitsubishi Corp to form a software services company.
The company said it will hold 51% while Mitsubishi will hold the remaining 49% and will be operational from July 2014.
plunged 6.6% to Rs 546.60 after net profit in the fourth-quarter surged 41% to Rs 2,230 crore and revenue climbed 22% to Rs 11,700 crore.
For the quarter, information technology services revenue in rupee terms jumped 24% to Rs 10,620 crore and for the year its climbed 18% to Rs 39,950 crore.