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Stocks That Were In News On July 21, 2016

Key domestic benchmark indices ended trade lower. The 30-share benchmark index ended trade at 27710.52, lower by 205.37 points, while the NSE Nifty was at 8510.10, down by 55.75 points.

Stocks That Were In News On July 21, 2016

VRL Logistics

Shares in VRL Logistics rose after the company notified the exchanges of the promoters plans to withdraw from the airlines business.

VRL Logistics shares ended trade at Rs 349, higher by 10.97 per cent on BSE. The stock touched an intra-day low of Rs377 during trade.

IIFL Holdings

Shares of the IIFL Holdings rose more than 7 per cent on Thursday after the company announced that CDC Group, the UK goverment-owned development finance institution.

IIFL Holdings shares ended trade at Rs 239, higher by 6.12 per cent on BSE. The stock touched an intra-day high and 52-week high of Rs 248 during trade.

HDFC Bank

HDFC bank reported a 20.15 per cent rise in net profit to Rs 3,238.91 crore for the quarter ended June 30.

HDFC bank shares ended trade at Rs 1228, lower by 0.31 per cent on BSE. The stock touched an intra-day high and 52-week high of Rs 1239 during trade.

Welspun Corp

Shares of Welspun Corp rose on Thursday after company said that it has received a order to supply line-pipe from American company.

Welspun Corp shares ended trade at Rs 88, higher by 5.01 per cent on BSE. The stock touched an intra-day high of Rs 90.90 during trade.

KPIT

KPIT Technologies has reported nearly 30 per cent rise in its consolidated net profit at Rs 55 crore for the first quarter ended June 2016.

KPIT Technologies shares ended trade at Rs 136, higher by 2.90 per cent on BSE. The stock touched an intra-day high of Rs 139 during trade.

United Bank of India

United Bank of India said that the government will infuse up to Rs 810 crore capital into the bank in the current financial year.

Bank shares ended trade at Rs 23.10, lower by 2.53 per cent on BSE. The stock touched an intra-day low of Rs 23 during trade.

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