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Market Update

India Movers: Dabur, Sterlite Net Jump; Kalpataru, Torrent Net Drop


Author: Mukesh Buch
ticker.com
Last Update: 8:56 AM ET January 29 2013

6:00 PM Mumbai Dabur third quarter net soared 22.2% and Idea Cellular profit climbed 12.16%. Kalpataru Power net dropped 12.8%. Neyveli Lignite net surged 19.8% and Reliance Capital net jumped 68%. Sterlite Ind. net soared 30%. Torrent Power net declined 55%.

The Sensex Index dropped 112.45 to close at 19,990.90 The CNX Nifty declined 24.90 to close at 6,049.90.

Gainers & Losers

Amara Raja Batteries Limited surged 5.3% to Rs 317 after net profit in the third quarter jumped 22.7% to Rs 80.91 crore.

Axis Bank Limited climbed 4.8% to Rs 1,482.45 after the bank opened secondary public offering issue to qualified institutional buyers on January 28.

Dabur India Limited slipped 1% to Rs 129.70 and consolidated net profit in the third quarter soared 22.2% to Rs 211.11 crore.

Idea Cellular Limited rose 0.6% to Rs 113.50 after the net profit in the third quarter climbed 12.16% to Rs 182.69 crore.

ING Vysya Bank Limited gained 2.8% to Rs 587 after the net profit in the third quarter climbed 35.8% to Rs 162.33 crore.

Jubilant Life Sciences Limited advanced 1.7% to Rs 219.10 after the company reported net loss in the third quarter narrowed to Rs 25.14 crore from Rs 137.02 crore a year ago.

Kalpataru Power Transmission Limited slid 0.3% to Rs 99 after the third quarter net profit dropped 12.8% to Rs 35.13 crore.

L&T Finance Holdings Limited rose 0.1% to Rs 85.05 after the third quarter consolidated profit after tax jumped 26.9% to Rs 118.80 crore.

Neyveli Lignite Corporation slipped 0.3% to Rs 83.50 after net profit in the third quarter surged 19.8% to Rs 221.65 crore.

Reliance Capital Ltd. declined 1.8% to Rs 468.45 and consolidated net profit in the third quarter jumped 68% to Rs 101 crore.

Sterlite Industries (India) Limited slid 0.7% to Rs 113.25 and consolidated net profit in the third quarter soared 30% to Rs 1,191 crore.

State Bank of Mysore decreased 0.8% to Rs 684.80 and net profit in the third quarter jumped 39.5% to Rs 154.77 crore.

Shopper''s Stop Limited increased 0.6% to Rs 435 after the company said net profit in the third quarter declined 11.4% to Rs 17.10 crore.

Torrent Power Limited declined 3% to Rs 169 after the consolidated net profit in the third quarter declined 55% to Rs 95.66 crore.

United Phosphorus fell 0.04% to Rs 136.75 after third quarter consolidated net profit surged 54.3% at Rs 173.49 crore.

Zee News Limited climbed 4.7% to Rs 18.80 after the net profit in the third quarter jumped 15.1% to Rs 9.66 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