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Market Update

India Movers: Central Bank of India, Diviís Lab, Max India, Tata Motors


Author: Mukesh Buch
ticker.com
Last Update: 9:06 AM ET November 11 2013

6:00 PM Mumbai Ė CBI net swung to a loss but revenues jumped 10%. Diviís Lab net soared 74%. Max India net swung to a profit as revenue climbed 16%. Styrolution ABS (India) net plummeted 41%. Tata Motors net soared 71%.

The Sensex Index slipped 175.19 or 0.9% to close at 20,490.96. The CNX Nifty dropped 61.95 to close at 6,078.80.

Gainers & Losers

Central Bank of India slipped 3.8% to Rs 56.30 after net in the second-quarter swung to a loss Rs 1,508.74 crore compared to a profit of Rs 329.92 crore. Revenue jumped 9.8% to Rs 6,236.51 crore.

Diviís Laboratories Limited climbed 8% to Rs 1,101.75 after net profit in the second-quarter soared 73.7% to Rs 205 crore and revenues soared 19.6% to Rs 567 crore.

Max India Limited slipped 1.8% to Rs 185.70 after net in the second-quarter swung to a profit Rs 1.99 crore compared to a loss of Rs 17.43 crore. Revenues climbed 15.8% to Rs 214.16 crore.

Pearl Global Industries Limited jumped 8.6% to Rs 165 after net in the second-quarter swung to a profit Rs 0.54 crore compared to a loss of Rs 4.45 crore. Sales surged 16% to Rs 137.05 crore.

Suven Life Sciences Limited climbed 15.2% to Rs 76.35 after net profit in the second-quarter surged 602% to Rs 45.50 crore and revenues soared 202% to Rs 151.50 crore.

Styrolution ABS (India) Limited slipped 1.9% to Rs 393 after net profit in the second-quarter plummeted 41.3% to Rs 13.02 crore and sales climbed 12.9% to Rs 296.69 crore.

Seshasayee Paper and Boards Limited gained 4.6% to Rs 185 after net profit in the second-quarter advanced 7.4% to Rs 5.69 crore and sales surged 25.7% to Rs 250.72 crore.

Tata Motors Limited slid 2% to Rs 377.15 after consolidated net profit in the second-quarter soared 70.7% to Rs 3,542 crore and revenues jumped 31.1% to Rs 56,882 crore.

United Spirits Limited fell 2.5% to Rs 2,334.75 after net profit in the second-quarter surged 273% to Rs 94.30 crore and revenues increased 7% Rs 2,038.70 crore.

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