6:00 PM Mumbai – Ashok Leyland March sales slid 2%. Adani Power soared 9% after the electricity commission approved a temporary price hike to compensate for higher imported coal prices. L&T won order for Abu Dhabi Airport. RCom rose after network sharing deal worth Rs 1,200 crore with Reliance Jio Infocomm.
The Sensex Index declined 239.31 or 1.3% to close at 18,801.64 The CNX Nifty dropped 73.20 or 1.3% to close at 5,672.90.
Gainers & Losers
Ashok Leyland Limited
fell 0.7% to Rs 22.30 after the company reported March sales slid 2% to 14,020 units.
Adani Power Limited
surged 8.8% to Rs 47.65 after the Central Electricity Regulatory Commission approved temporary compensation package for current tariff in imported coal prices.
Central Bank of India
declined 2.1% to Rs 69.30 after the bank recorded total business of Rs. 4,02,306 crore in as on March 31.
rose 0.2% to Rs 55 after the company reported tractor sales in March increased 4.6% to 6,159 units.
HCL Technologies Limited
slipped 1.9% to Rs 780.35 and the struck a partnership with the US based Carolina New Schools to create online technology hub for schools and businesses.
fell 0.2% to Rs 2,964 after the company signed a five-year agreement with European energy trading house RWE Supply & Trading.
Larsen & Toubro Limited
declined 3% to Rs 1,379.55 after the company’s construction division secured order worth AED 943.11 millions for Abu Dhabi Airport.
Mahindra Lifespace Developers Limited
slid 0.1% to Rs 394.75 after the company plan to issue secured redeemable non-convertible debentures to raised Rs 500 crore.
Redington (India) Limited
dropped 3.7% to Rs 78 after the tax department demanded Rs 138 crore in additional taxes.
Reliance Communications Limited
gained 1.9% to Rs 64.50 after it signed a deal with Reliance Jio Infocomm worth Rs 1,200 crore for right to use nationwide inter-city fiber optic network.
Ramky Infrastructure Limited
climbed 3.5% to Rs 66.65 after the company won orders worth Rs 387 crore for various projects in four states.
increased 1.4% to Rs 182.30 after the company commissioned multipurpose chemical plant in Gujarat at an aggregate cost of Rs 173.62 crore.
Sesa Goa Limited
dropped 2.5% to Rs 152.65 after the Bombay High Court approved the schemes of amalgamation and arrangement for creating of Sesa Sterlite.
Valecha Engineering Limited
fell 0.2% to Rs 51.50 after the company secured road project worth Rs 141 crore in Uttar Pradesh.
Welspun Corp Limited
jumped 3.1% to Rs 57.60 after the Japan based Nippon Investment and Finance Co raised stake in the company to approx 2.1%.