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Stocks That Were In News On May 13, 2016
The 30-share benchmark index ended the trade at 25489.57, lower by 300.65 points, while the NSE Nifty was at 7814.90 , down by 85.50 points.
On the global front, Asian peers ended the day in red as oil prices fell. Meanwhile, European counters were also bleeding in red.
Nestle India
The company reported a 19 per cent decline in net profit for the first quarter ended March 31.
The stock ended the day at Rs 6124, higher by 7.44 per cent on BSE. It touched an intraday high at Rs 6156 during the trade.
The stock ended the day at Rs 591, lower by 11.80 per cent on BSE. It touched an intraday low at Rs 614 during the trade.
Bank Of Maharashtra
Bank of Maharashtra fell after bank posted a net loss of Rs 119.84 crore for the fourth quarter ended March 2016.
The stock ended the day at Rs 29.05, lower by 2.19 per cent on BSE. It touched an intraday low at Rs 28.75 during the trade.
Adani Transmission
Adani Transmission said that it has raised Rs 330 crore through issuance of bonds on private placement basis.
The stock ended the day at Rs 29.05, lower by 1.67 per cent on BSE. It touched an intraday low at Rs 29.10 during the trade.
Dr Reddy's Lab
Dr Reddy's Laboratories reported an 85.6 percent decline in consolidated net profit to Rs 74.6 crore for the fourth quarter ended March.
The stock ended the day at Rs 2910, lower by 2.15 per cent on BSE. It touched an intraday low at Rs 2887 during the trade.
Firstsource Solutions
The company reported 28 per cent increase in its consolidated net profit to Rs 79.66 crore for the fourth quarter ended March 31, 2016.
The stock ended the day at Rs 39.50, lower by 1.25 per cent on BSE. It touched an intraday low at Rs 39.20 during the trade.
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