6:00 PM Mumbai – CRISIL fourth quarter net declined 15% and Essar Ports net swung to profit. Government controlled HMT soared on speculation of capital injection. IndusInd Bank fourth quarter net climbed 37.6% and MRF second quarter net jumped 40%.
The Sensex Index jumped 285.30 or 1.5% to close at 19,016.46. The CNX Nifty gained 94.40 or 1.7% to close at 5,783.10.
Gainers & Losers
dropped 2.8% to Rs 898.40 after net profit in the fourth quarter declined 15.3% to Rs 45.60 crore.
Essar Ports Limited
fell 1% to Rs 88.80 after the company reported consolidated net in the fourth quarter swung to Rs 92.10 crore profits compared to net loss of Rs 61.50 crore.
Gujarat Gas Company Limited
slid 0.7% to Rs 250.20 after the UK based BG Group plc will hand over control of Gujarat Gas to Gujarat State Pollution Control by the end of this month after acquired controlling 73.7% stake for Rs 2,810 crore.
Fresenius Kabi Oncology Limited
slipped 1.6% to Rs 132 after the Singapore based promoter set price of up to Rs 130 per share to acquire shares as it prepares to delist.
surged 7.4% to Rs 36.35 on speculation that government is considering to invest Rs 1,000 crore and revive the company.
IndusInd Bank Limited
soared 7.2% to Rs 450.10 after net profit in the fourth quarter climbed 37.6% to Rs 307.40 crore.
soared 4.8% to Rs 12,898.05 after net profit in the second quarter jumped 40.3% to Rs 210.61 crore.
Orchid Chemicals & Pharmaceuticals Limited
jumped 2% to Rs 68.25 after the strategic partnership with Allecra Therapeutics to develop antibiotics for bacterial infections.
Puravankara Projects Limited
dropped 2% to Rs 103 after consolidated net profit in the fourth quarter surged 71% to Rs 79 crore.