Stocks That Were In News On July 22, 2016

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Key domestic benchmark indices on Friday ended trade higher. The 30-share benchmark index ended trade at 27803.24, higher by 92.72 points, while the NSE Nifty was at 8541.20, up by 31.10 points.

Stocks That Were In News On July 22, 2016

Biocon

Shares of Biocon rallied to hit 52-week high, after the company reported a growth of 35 per cent year-on-year in its consolidated net profit of Rs 167 crore for the first quarter ended June 30, 2016.

Biocon shares ended trade at Rs 816, higher by 16.40 per cent on BSE. The stock touched an intra-day high and 52-week high of Rs 818 during trade.

ADF Foods

Adf Foods said that the Board of Directors will consider declaration of interim dividend or buy back of equity shares of the Company.

Adf Foods shares ended trade at Rs 98.30, higher by 6.96 per cent on NSE. The stock touched an intra-day high of Rs101.90 during trade.

Raymond

Shares dropped after the company has posted a net loss of Rs 1130 million for the quarter ended June 30,2016.

Raymonds shares ended trade at Rs 458, lower by 6.07 per cent on NSE. The stock touched an intra-day low of Rs 456during trade.

ITC

ITC on Thursday reported that its net profit for the first quarter ended June 30, 2016 grew by 10.1 per cent at Rs 2,385 crore.

Shares of ITC ended trade at Rs 249, lower by 0.40 per cent on NSE. The stock touched an intra-day low of Rs 247 during trade.

Bharat Financial

Shares of Bharat Financial Inclusion rose more than 8 per cent to hit 52-week high on Friday after the company reported strong Q1 numbers for the quarter ended June 30, 2016.

Shares of Bharat Financial ended trade at Rs 854, higher by 10.34 per cent on NSE. The stock touched an intra-day high and 52-week high of Rs 890 during trade.

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Story first published: Friday, July 22, 2016, 15:35 [IST]
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