Stocks That Were In News On November 16, 2015

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The 30-share benchmark index ended the trade at 25760.10, higher by 149.57 points or by 0.58 per cent, while the NSE Nifty was at 7806.60, up by 44.35 points or by 0.57 per cent.

On the global front, Asian peers ended the day on a mixed note as most of the investors turned risk averse after attacks in Paris.While, European counters were also trading mixed.

Stocks That Were In News On November 16, 2015

GMR Infrastructure

Shares of GMR Infrastructure today rose 11 per cent after the company's consolidated net loss in July-September quarter narrowed to Rs 398.67 crore. 

The stock ended the trade at Rs 13.14, higher by 13.13 per cent on BSE. The stock touched an intra-day high of Rs 13.55 during the trade.

Welspun Corp

Shares of pipes maker Welspun Corp today soared nearly 9 per cent after it reported multi-fold jump in consolidated net profit to Rs 101.09 crore for the quarter ended September 30.

The stock ended the trade at Rs 106.70, higher by 3.24 per cent on BSE. The stock touched an intra-day high of Rs 112.30 during the trade.

Talwalkars

Fitness chain Talwalkars Better Value Fitness Ltd today announced the acquisition of majority stake in Chennai-based fitness firm Inshape Health and Fitnez Pvt Ltd (IHPL) in an all-cash deal for an undisclosed sum.

The stock ended the trade at Rs 250, higher by 1.30 per cent on BSE. The stock touched an intra-day high of Rs 255.20 during the trade.

MMTC Ltd

Shares of MMTC Ltd rose nearly 8 per cent on Bombay Stock Exchange (BSE) after the company posted a net profit of Rs 43.2 crore against a net loss of Rs 10.08 crore for the corresponding quarter a year ago.

The stock ended the trade at Rs 45.40, higher by 7.58 per cent on BSE. The stock touched an intra-day high of Rs 46.20 during the trade.

Reliance Infra

The company signs non-binding term sheet with PSP Investments of Canada for Investment in its Mumbai Power Distribution Business.

The stock ended the trade at Rs 417.05, higher by 5.85 per cent on BSE. The stock touched an intra-day high of Rs 419 during the trade.

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Story first published: Monday, November 16, 2015, 15:12 [IST]
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