Stocks That Were In News On August 16, 2016

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Key domestic benchmark indices ended lower. The 30-share benchmark index ended trade lower by 87.79 points to end at 28064.61; Nifty ends at 8642.55 down by 29.60 points.

Stocks That Were In News On August 16, 2016

Divis Laboratories

Shares of Divis Laboratories rose to hit 52-week high of Rs 1279.90, after robust Q1 numbers for quarter ended June 30, 2016.

Shares of Divis Lab ended day at Rs 1259, higher by 5.78 per cent on BSE. It touched an intraday high and 52-week high of Rs 1279 during trade.

Bhageria Industries

Shares of Bhageria Industries hit touched 52-week high after the company approved sub division of its equity shares.

Shares of Bhageria Industries ended day at Rs 269, higher by 7.39 per cent on BSE. It touched an intraday high and 52-week high of Rs 273 during trade.

Kridhan Infra

Shares rose intra-day after Kridhan Infra said that it has acquired majority stake in Swee Hong Ltd a leading Singapore based civil engineering company.

Shares of Kridhan Infra ended day at Rs 79.05, higher by 1.93 per cent on BSE. It touched an intraday highof Rs 86.25 during trade.

Vedavaag

Shares of the Vedavaag System rose to hit upper circuit after the company informed the acquisition of Synaptic Systems Private, a Software product development and Implementation Services.

Shares of Vedavaag System ended day at Rs 30.35, higher by 4.84 per cent on BSE. It touched an intraday high of Rs 30.35 during trade.

Infosys

Shares in Infosys slipped almost 2 per cent, after the Royal Bank of Scotland cancelled a contract which analysts say could impact revenues by up to $40 million.

Shares of Infosys ended day at Rs 1050, lower by 0.97 per cent on BSE. It touched an intraday low of Rs 1027 during trade.

Unitech

Shares of Unitech slumped 20 per cent after the firm expressed its inability before the Supreme Court to refund money to the home buyers over its two delayed projects, reports PTI.

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