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Market Update

India Movers: GSFC, GRUH, Infosys, MindTree, TCS Profit Surge


Author: Mukesh Buch
ticker.com
Last Update: 1:02 PM ET October 16 2014

6:00 PM Mumbai Cyient net surged 32%. GSFC profit climbed 23% on 5% increase of revenue. GRUH Finance net and revenues soared. Infosys net jumped 45%. MindTree net increased 6%. TCS profit and revenue climbed 13%.]

The Sensex Index declined 349.99 or 1.3% to close at 25,999.34 The CNX Nifty dropped 115.80 or 1.5% to 7,748.20.

Gainers & Losers

Cyient Limited climbed 4.1% to Rs 466.70 after net in the second-quarter surged 31.6% to Rs 90.20 crore and total revenue advanced 8.2% to Rs 672.40 crore.

Gujarat State Fertilizers & Chemicals Limited plunged 10.7% to Rs 107.80 after net in the second-quarter climbed 22.7% to Rs 124.31 crore and net revenue rose 4.5% to Rs 1,481.60 crore.

GRUH Finance Limited dropped 1.9% to Rs 185.60 after net in the second-quarter soared 25.4% to Rs 43.09 crore and sales jumped 22.4% to Rs 257.73 crore.

Infosys Limited declined 1.4% to Rs 3,865.60 after net in the second-quarter surged 44.7% to Rs 3,365 crore and sales increased 3.3% to Rs 11,863 crore.

MindTree Limited slipped 3.9% to Rs 995.30 after net in the second-quarter advanced 6.2% to Rs 137.4 crore and revenue increased 5.3% to Rs 888.60 crore.

Tata Consultancy Services Limited slid 0.8% to Rs 2,678.85 after net in the second-quarter jumped 13.2% to Rs 5,244 crore and revenue climbed 13.5% to Rs 23,816 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