6:00 PM Mumbai – Ambuja Cements net tumbled jumped 56% and Alstom secured order from BHEL. AstraZeneca net loss narrowed. Blue Dart net climbed 43% and Bharti Airtel sell 5% stake to Qatar Foundation. Bajaj Corp net surged 44% and Honeywell net declined 8%.
The Sensex Index slipped 160.13 or 0.8% to close at 19,575.64 The CNX Nifty slid 55.35 to close at 5,944.
Banks slipped after Reserve Bank of India cut the key policy rate by 25 basis points to 7.25% and also estimated first-half economic growth base line at 5.5%.
Gainers & Losers
Ambuja Cements Limited
fell 0.9% to Rs 188.20 after net profit in the first-quarter jumped 56.3% to Rs 487.90 crore.
Alstom India Ltd
soared 5.6% to Rs 342 after the company secured order from Bharat Heavy Electricals to supply boilers at locations in Madhya Pradesh.
AstraZeneca Pharma India Limited
surged 7% to Rs 795.90 after the company reported fourth-quarter net loss narrowed to Rs 18.58 crore.
Blue Dart Express Limited
jumped 2.4% to Rs 2,509.50 after net profit in the first-quarter climbed 43.6% to Rs 41.75 crore.
Bharti Airtel Limited
rose 0.4% to Rs 318.20 after the company plans to sell 5% stake to Qatar Foundation Endowment for $1.26 billion or Rs 6,796 crore.
Bajaj Corp Limited
gained 1.9% to Rs 253.25 after net profit in the first-quarter surged 44.4% to Rs 49.15 crore.
Crompton Greaves Limited
gained 1.6% to Rs 94.65 after the company signed partnership agreement with Indonesia based PT Prima Layanan Nasional Enjinring for switchgears.
Gujarat Pipavav Port, Ltd
surged 7.2% to Rs 51.40 after net profit in the first-quarter surged 151.3% to Rs 35.38 crore.
Honeywell Automation India Limited
rose 0.7% to Rs 2,475 after net profit in the first-quarter declined 7.7% to Rs 15.28 crore.
Ingersoll-Rand (India) Limited
fell 0.9% to Rs 399.50 after net profit in the fourth-quarter plunged 11.8% to Rs 18.30 crore.
JSW Energy Limited
plunged 5.1% to Rs 63.85 after consolidated profit in the fourth quarter soared 49% to Rs 335.69 crore.
State Bank of India
declined 3.6% to Rs 2,216.55 after the Reserve Bank of India lowered benchmark rate by 25 basis points to 7.25% and held cash reserve requirement at 4%.