S&P 500 2,441.20 17.28
Gold$1,224.80 $5.30
Nasdaq 6,253.81 61.92
Crude Oil $60,490.00      $-1570.00
Market Update

India Movers: Apollo Tyres, Bosch, Emami, Lupin, NMDC, Tata Motors

Author: Mukesh Buch
Last Update: 11:59 AM ET August 07 2013

6:00 PM Mumbai Apollo Tyres net jumped. Emami net soared 30% as sales jumped 13%. Lupin profit surged 43%. NMDC net declined 18%. Tata Motors net declined 23% and company reported rising sales in emerging markets. Welspun net dropped 55%.

The Sensex Index fell 68.16 to close at 18,664.88 The CNX Nifty slid 23.15 to close at 5,519.10.

Gainers & Losers

Apollo Tyres Ltd plummeted 4.5% to Rs 60.30 after consolidated net profit in the first quarter jumped 20.2% to Rs 165.94 crore and total revenue rose 0.8% to Rs 3,200.94 crore.

The tire-maker added operating profit in the quarter climbed 12%to Rs 404 crore. European operations reported growth of 6% and South Africa sales soared 13%.

Bosch Limited advanced 1.9% to Rs 8,473 after first-quarter net profit grew 1.7% to Rs 251.68 crore and net sales rose 5.2% to Rs 2,269.19 crore.

Emami Limited dropped 3% to Rs 449.50 after consolidated net profit in the first quarter soared 30.2% to Rs 60.68 crore and revenues jumped 12.7% to Rs 398.77 crore.

Lupin Limited declined 5.7% to Rs 834.60 after first-quarter net profit surged 43% to Rs 401.10 crore and net sales jumped 9% to Rs 2,420.70 crore.

NMDC Limited surged 5.4% to Rs 99.95 after net profit in the first-quarter declined 17.5% to Rs 1,572.19 crore and total revenues slid 0.02% to Rs 3,391.53 crore.

PC Jeweller Limited climbed 4.3% to Rs 89.15 after net profit in the first-quarter jumped 9.1% to Rs 89.95 crore and sales surged 20.5% to Rs 1,379 crore.

Shalimar Paints Limited decreased 1.2% to Rs 59 after net profit in the first-quarter plunged 41.9% to Rs 1.82 crore and revenues declined 10.8% to Rs 109.20 crore.

Tata Motors Limited dropped 2.9% to Rs 278.85 after net profit in the first-quarter slid 2.1% to Rs 284.70 crore and sales surged 20.5% to Rs 1,379 crore and consolidated net profit declined 23.1% to Rs 1,726 crore. Revenue climbed 8% to Rs 46,785 crore.

Retail sales at the luxury unit, jumped 10% but car sales and commercial vehicles at the local market declined 19%

Welspun Corp Ltd climbed 6.8% to Rs 36.75 after consolidated adjusted profit after-tax in the first quarter dropped 55% to Rs 51.50 crore but sales jumped 5% to Rs 2,675.70 crore.

As of June 30, the company''s order book of pipes business was at Rs 4,700 crore and for infrastructure segment was at Rs 3914.20 crore.

As of quarter ending in June, Welspun''s consolidated net debt jumped to Rs 3,661 crore compared to Rs 3,123.50 crore in March quarter.

Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc