Stocks That Were In News On May 26, 2016

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The 30-share benchmark index ended the trade at 26366.68, higher by 485.51 points, while the NSE Nifty was at 8069.65, up by 134.75 points.

Most of the Asian peers ended the day in green, while European counters were also seen trading in green.

Stocks That Were In News On May 26, 2016

Larsen and Toubro

Shares in Larsen and Toubro rallied, as the company reported a solid set of numbers for the quarter ending March 31, 2016.

The stock ended the day at Rs 1470, higher by 13.85 per cent on BSE. It touched an intraday high at Rs 1484 during the trade.

Adani Enterprises

Adani Enterprises has said that Ruchi Soya Industries Limited and Adani Wilmar Limited, a joint venture between Adani Enterprises Limited and Wilmar International Limited.

The stock ended the day at Rs 75, higher by 5.56 per cent on BSE. It touched an intraday high at Rs 75 during the trade.

India Cement

The company's net profit jumped by 40 percent to Rs 51 crore against Rs 36.6 crore, in the same quarter of last fiscal.

The stock ended the day at Rs 93, higher by 4.55per cent on BSE. It touched an intraday high at Rs 93.80 during the trade.

Kalpataru Power Transmission

KPTL has bagged a turnkey project (under JV) for construction of 400 KV transmission line in East Africa, KPTL said adding that it has a share worth Rs 522 crore in the order.

The stock ended the day at Rs 228,lower by 0.93 per cent on BSE. It touched an intraday high at Rs 235 during the trade.

Tata Motors

Tata Motors said the company has approved to raise upto Rs 300 crore via issue of non-convertible debentures (NCDs) to bankroll its expansion plans.

The stock ended the day at Rs 401, higher by 1.01 per cent on BSE. It touched an intraday high at Rs 75 during the trade.

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