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Stocks That Were In News On May 11, 2016
The 30-share benchmark index ended the trade at 25597.02, lower by 175.51 points, while the NSE Nifty was at 7848.85, down by 38.95 points.
Check gainers and losers in today's trade.
On the global front, Asian peers ended the day in green. Meanwhile, European counters were also trading in green.
Oriental Bank of Commerce
Oriental Bank of Commerce (OBC) reported a profit of Rs 21.62 crore in March quarter as against a net loss of Rs 178.44 crore in the corresponding period of 2014-15, on the account of tax gain.
The stock ended the day at Rs 84.70, lower by 2.92 per cent on BSE. It touched an intraday low at Rs 84.40 during the trade.
SRF
SRF today rose after the company reported a 82 per cent increase in consolidated net profit for the quarter ended March 31.
The stock ended the day at Rs 1439, higher by 1.88 per cent on BSE. It touched an intraday high at Rs 1467 during the trade.
Steel strip Wheels
The company said that it has received export order for European winter wheels market.
The stock ended the day at Rs 415, higher by 0.92 per cent on BSE. It touched an intraday high at Rs 423 during the trade.
Zee Entertainment
Shares of the company rose after it posted the robust q4 numbers.
The stock ended the day at Rs 446, higher by 6.91 per cent on BSE. It touched an intraday high and 52-week high at Rs 429 during the trade.
Kotak Mahindra bank
Kotak Mahindra Bank posted a profit after tax of Rs. 10552.30 mn for the quarter ended March 31, 2016 whereas the same was at Rs 9126.00 million for the quarter ended March 31, 2015.
The stock ended the day at Rs 728, higher by 1.01 per cent on BSE. It touched an intraday high at Rs 736during the trade.
