6:00 PM Mumbai – Bajaj Electricals won contract worth Rs 757 crore. L&T secured new orders worth Rs 2,309 crore. Parsvnath Developers net declined 28% but Sobha Developers net jumped 13%. Thermax net plunged 67%. Triveni Turbine net declined 46%.
The Sensex Index slipped 72.17 or 0.4% to close at 20,822.77 The CNX Nifty fell 27.90 to close at 6,187.25.
Gainers & Losers
Bajaj Electricals Limited
increased 1.9% to Rs 174.25 after the company’s engineering and project business won power distribution projects worth Rs 757 crore in Bihar.
Global Offshore Services Limited
climbed 3.3% to Rs 53.20 after consolidated net profit in the second-quarter surged 132.4% to Rs 9.25 crore and total revenue soared 54.4% to Rs 81.56 crore.
Info Edge India Ltd
surged 10.1% to Rs 419.65 after the company invested $9.2 million in Zomato Media, operator of online food guide portal Zomato.com.
The company added its total cumulative investment in Zomato reached to about Rs 143 crore and controls 50.1% on a fully converted and diluted basis.
Larsen & Toubro Limited
slid 0.7% to Rs 956 after the company said its construction division has secured new orders worth Rs 2,309 crore across various business segments.
The company said its transportation infrastructure business had secured order from Kannur International Airport Limited worth Rs 694 crore and power transmission & distribution business won new orders valued Rs 738 crore.
Parsvnath Developers Limited
dropped 2.4% to Rs 26.50 after consolidated net profit in the second-quarter declined 27.8% to Rs 13 crore and operating revenue jumped 8% to Rs 162 crore.
State Bank of Mysore
declined 3.8% to Rs 437 after net profit in the second-quarter declined 79.3% to Rs 30.08 crore and total revenue rose 4.9% to Rs 1,687.71 crore.
Sobha Developers Limited
gained 1.3% to Rs 311.30 after consolidated net profit in the second-quarter jumped 13% to Rs 56.60 crore and revenue climbed 31% to Rs 545 crore.
Steel Strips Wheels Limited
plummeted 5.5% to Rs 143.45 after net profit in the second-quarter jumped 31.6% to Rs 7.29 crore and net sales grew 2.9% to Rs 264.82 crore.
dropped 1.3% to Rs 620 after net profit in the second-quarter plunged 66.9% to Rs 30.16 crore and total revenue declined 13.8% to Rs 1,050.81 crore.
Triveni Turbine Ltd
plunged 6.9% to Rs 51.05 after net profit in the second-quarter declined 45.6% to Rs 15.30 crore and net sales dropped 31.6% to Rs 122.90 crore.