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Market Update

TTK Prestige Net Falls 8%, Indusind Bank, RIL Net Surge


Author: Mukesh Buch
ticker.com
Last Update: 10:13 AM ET October 13 2014

6:00 PM Mumbai Capri Global net climbed 30% on 29% increase of revenue. Diamond Power net soared 29%. Indusind Bank profit surged 30%. Network 18 Media and TV18 Broadcast net swung to profit. RIL net jumped. TTK Prestige sales jumped 10% but net declined 8%.]

The Sensex Index increased 86.69 or 0.3% to close at 26,384.07 The CNX Nifty rose 24.30 to 7,884.25.

Gainers & Losers

Capri Global Capital Ltd declined 5.3% to Rs 183 after net in the second-quarter climbed 29.6% to Rs 23.58 crore and revenues surged 29.2% to Rs 50.77 crore.

Diamond Power Infrastructure Ltd surged 8.8% to Rs 125.95 after net in the second-quarter soared 29.2% to Rs 40.32 crore and total revenues climbed 34.5% to Rs 895.58 crore.

Indusind Bank Ltd gained 1.9% to Rs 635.25 after net in the second-quarter jumped 30.3% to Rs 430.20 crore and total revenues surged 20.6% to Rs 2,937.03 crore.

Network 18 Media & Investments Ltd increased 0.5% to Rs 50.35 after the company said net in the second-quarter swung to profit Rs 36.47 crore compared to a loss of Rs 39.84 crore and revenues soared 10.04% to Rs 736.12 crore.

Reliance Industries Limited fell 0.3% to Rs 957.85 after after net profit in the second-quarter increased 1.7% Rs 5,975 crore and revenues declined 4.3% to Rs 113,396 crore from a year ago period.

Reliance Industrial Infrastructure Limited rose 0.5% to Rs 493.10 after net profit in the second-quarter dropped 8% Rs 5.43 crore and total revenues surged 18.3% to Rs 25.95 crore.

TTK Prestige Limited increased 1.2% to Rs 4,042.55 after net in the second-quarter declined 7.7% to Rs 27.98 crore and net sales jumped 10% to Rs 383.06 crore.

TV18 Broadcast Ltd gained 1.1% to Rs 28.55 after the company reported net in the second-quarter swung to profit Rs 29.28 crore compared to a loss of Rs 7.15 crore and revenues climbed 26.7% to Rs 140.37 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