6:00 PM Mumbai – Bharti Airtel net tumbled 49% and Bajaj, Hero MotoCorp sales declined 10% and Maruti sales dropped 3% in April. Glaxo net jumped 19% and IDFC net soared 57% and Kotak Mahindra net surged 47%. Syndicate Bank net climbed 91%.
The Sensex Index climbed 231.59 or 1.2% to close at 19,735.77 The CNX Nifty jumped 69.15 to close at 5,999.35.
Gainers & Losers
Bharti Airtel Limited
slid 0.6% to Rs 316.70 after consolidated net profit in the fourth quarter tumbled 49.4% to Rs 509 crore.
Bajaj Auto Limited
slumped 1.2% to Rs 1,859.65 after the total sales in April declined 10% to 344,000 units.
GlaxoSmithKline Consumer Healthcare Limited
soared 4% to Rs 4,174.70 after net profit in the first quarter jumped 18.5% to Rs 156.41 crore.
Greaves Cotton Limited
rose 0.07% to Rs 71.80 after net profit in the fourth quarter tumbled 50.5% to Rs 38.49 crore.
Hero MotoCorp Limited
slipped 1.9% to Rs 1,612.85 after the company''s April total sales declined 9.5% to 499,000 units.
climbed 2.5% to Rs 156.70 after consolidated net profit in the fourth quarter soared 57% to Rs 525.70 crore.
climbed 2.3% to Rs 2,286.90 after Golomt Bank the Mongolia based private bank has selected the company for its technology transformation.
Kotak Mahindra Bank Limited
gained 1.6% to Rs 716.90 after net profit in the fourth quarter surged 46.9% to Rs 436.21 crore.
Larsen & Toubro Limited
jumped 2.6% to Rs 1,552.15 after its Malaysia based subsidiary secured largest single order for $85 million from Qatar General Electricity and Water Corp.
Maruti Suzuki India Limited
rose 0.7% to Rs 1,680.15 after total sales in April dropped 3% to 97,302 units and export sales declined 33.3% to 6,779 units.
Mahindra & Mahindra Limited
soared 3.4% to Rs 955.15 after the automobile sales in April rose 2% to 41,432 units and farm equipment sector reported 38% to 23,202 units.
dropped 2.1% to Rs 220.65 after consolidated net profit in the fourth quarter jumped 20% to Rs 84 crore.
Noida Toll Bridge Company Limited
increased 2.1% to Rs 21.80 after net profit in the fourth quarter declined 23.3% to Rs 11.27 crore.
Oriental Bank of Commerce
declined 2.7% to Rs 260.75 after net profit in the fourth quarter climbed 16.2% to Rs 307.94 crore and the bank''s ratio of net non-performing asset rose to 2.27%.
surged 8% to Rs 129.45 after net profit in the fourth quarter climbed 91.4% to Rs 592.34 crore.