Stocks That Were In News On August 18, 2015

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The Sensex ended the day lower by 46 while the Nifty closed lower by 10 points. Markets across Asia ended the day lower after the Shanghai Composite tanked a huge 6 per cent in trade.

Stocks That Were In News On August 18, 2015

Sun TV

Shares in Sun TV fell after reports that the government has decided to challenge the decisions of the Madras and Delhi High Courts allowing Kalanithi Maran promoted Sun Group to participate in the FM radio phase-III auction.

The stock ended the day at Rs 345, lower by 4.98 per cent on BSE. It touched an intraday low of Rs 335 during the trade.

Adani Ports

Adani Ports and Special Economic Zone shares rose to hit fresh 52-week high on Tuesday after the company entered into an agreement with the Kerala government for constructing the Rs 7,525 crore Vizhinjam seaport project.

The stock ended the day at Rs 362, higher by 1.14 per cent on BSE. It touched an intraday high of Rs 372 during the trade.

Eicher Motors 

Shares of Eicher Motors rose Tuesday as Royal Enfield has opened its first operating direct distribution subsidiary in North America.

The stock ended the day at Rs 20,950, higher by 1.35 per cent on BSE. It touched an intraday high of Rs 21,037 during the trade.

Infosys

Infosys shares rose on Tuesday after a foreign brokerage upgraded Infosys meeting with the top management of the company.

The stock ended the day at Rs 1163, higher by 3.08 per cent on BSE. It touched an intraday high of Rs 6545 during the trade.

Manappuram Finance

The company reported consolidated net profit in the first quarter ended June 2015 rose by 34.3 per cent to Rs 59.30 crore. 

The stock ended the day at Rs 25, higher by 1.42 per cent on BSE. It touched an intraday high of Rs 26 during the trade.

Vedanta

The company informed that it will issue non-convertible debentures (NCD) worth Rs 2,000 crore to substitute the short term liabilities or borrowings or to retire higher cost debt.

The stock ended the day at Rs 102.85, lower by 2.28 per cent on BSE. It touched an intraday high of Rs 107 and low of Rs 102.25 during the trade.

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Story first published: Tuesday, August 18, 2015, 15:45 [IST]
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