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Stocks That Were In News On October 16, 2015
The the 30-share benchmark index ended the day higher by 204.46 points or by 0.76 per cent at 27214.60, while the NSE Nifty ended at 8238.15 up by by 58.65 points or by 0.72 per cent.
On the global front, Asian peers ended the day on a positive note. While, European indices were also trading firm with CAC, DAX and FTSE all trading in green with a gain.
Shares in DLF fell as much as 3 per cent, after reports in the Business Standard that the Securities and Exchange Board of India (SEBI) has moved the Supreme Court against the companies plans to monetize its rental properties.
The stock ended the day at Rs 127.90, lower by 4.94 per cent on BSE. It touched an intraday low Rs 127.60 during the trade.
Shares of Zee Entertainment rose over 1 per cent after it reported a 8.72 per cent increase in consolidated net profit for the second quarter ended September 30.
The stock ended the day at Rs 423.95, higher by 1.30 per cent on BSE. It touched an intraday high Rs 426 during the trade.
Shares of IT firm Mindtree today surged after the company posted 15.1 per cent rise in net profit for the September quarter, giving a growth guidance of 12-14 per cent despite a traditionally slow third quarter, reports PTI.
The stock ended the day at Rs 1422, higher by 1.35 per cent on BSE. It touched an intraday high Rs 1475 during the trade.
Shares of Nestle India rose on Friday after the company said that MAGGI Noodles are safe . The results from all three laboratories are clear with lead much below the permissible limits.
The stock ended the day at Rs 6551, higher by 5.59 per cent on BSE. It touched an intraday high Rs 6675 during the trade.
The company said that it has received its first major order for approx. Rs 15 crores from Indian Railways-Diesel Locomotive Works, Varanasi for supplies to be executed.
The stock ended the day at Rs 87.60, higher by 1.04 per cent on BSE. It touched an intraday high Rs 91.95 during the trade.
Telecom Stocks
Shares of Idea Cellular and Bharti Airtel witnesses selling pressure after regulator Trai raised the penalty on operators to up to Rs 2 lakh for call drops on mobiles and poor quality of service.
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