6:00 PM Mumbai – Castrol net plunged 19% but sales rose. DLF profit and revenue plunged. Hero Motocorp July sales climbed 9% and Maruti Suzuki sales surged 22%. JSW Steel net swung to profit on 29% increase in sales. Pantaloons loss widened. Titan profit dropped.
The Sensex Index declined 414.13 or 1.6% to close at 25,480.84 The CNX Nifty slumped 118.70 to 7,602.60. For the week, Sensex dropped 3%.
Gainers & Losers
Castrol India Limited
slipped 1.1% to Rs 333.05 after net profit in the first-quarter plunged 19.01% to Rs 124.40 crore and total sales jumped 4.8% to Rs 923.90 crore.
gained 1.1% to Rs 200.60 after net profit in the first-quarter declined 29.5% to Rs 127.77 crore and total revenue plunged 24.5% to Rs 1,851.60 crore.
Hero Motocorp Ltd
rose 0.1% to Rs 2,598 after the company said total sales in July climbed 8.7% to 5,29,862 units from 4,87,545 units in the same month last year.
JSW Steel Limited
fell 0.5% to Rs 1,173.95 after the company reported net in the first-quarter swung to profit Rs 656.49 crore compared to a loss of Rs 381.82 crore and revenue soared 29.04% to Rs 13,254.07 crore.
Maruti Suzuki India Ltd
climbed 2.5% to Rs 2,587 after the car-maker said total vehicles sales in July soared 21.7% to 101,380 units from 83,299 units a year ago month.
The company said total domestic sales in July soared 19.9% to 90,093 units and exports surged 38.4% to 11,287 units. Total passenger car sales jumped 15.5% to 72,782 units.
Pantaloons Fashion & Retail Ltd
tumbled 11% to Rs 112.05 after the company reported net loss in the first-quarter widened to Rs 78.09 crore from Rs 57.82 crore and net sales soared 13.5% to Rs 381.30 crore.
Titan Company Ltd
declined 4.4% to Rs 326.15 after net profit in the first-quarter dropped 2.9% to Rs 177.27 crore and revenues decline 7.3% to Rs 2,916.84 crore.
Tech Mahindra Ltd
slumped 1.1% to Rs 2,127.15 after net profit in the first-quarter jumped 2.7% to Rs 631 crore and revenue rose 1.3% to Rs 5,122 crore.