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Stocks That Were In News On August 19, 2016

Key domestic benchmark indices ended lower. The 30-share benchmark index ended trade lower by 46.44 points to end at 28077.00; Nifty ends at 8666.90 marginally down by 6.35 points.

Stocks That Were In News On August 19, 2016

Shipping Corporation

Shares of Shipping Corporation dipped after net profit dropped 72.56 per cent to Rs 55.91 crore for the quarter ended on June 30, 2016, compared to the same period last year.

Shipping Corporation ended trade at Rs 670.20 lower by 5.45 per cent on BSE. It touched an intraday high of Rs 71.55 and low of Rs67.45 during trade.

Dilip Buildcon

Shares of Dilip Buildcon rose after the company bagged a project worth Rs 2016 crore in Uttar Pradesh.

Dilip Buildcon shares ended trade at Rs 246, higher by 1.65 per cent on BSE. It touched an intraday high of Rs 249 and low of Rs 244 during trade.

UltraTech Cement

Shares of UltraTech Cement rose to hit 52-week high after the company said that it will raise funds up to Rs 500 crore through issuance of secured redeemable non-convertible debentures (NCDs) on private placement basis.

UltraTech Cement ended trade at Rs 3906, higher by 0.91 per cent on BSE. It touched an intraday high and 52-week high of Rs 3953 during trade.

SBI

Shares of State Bank of India (SBI) on Thursday rose after it approved the share swap ratios for the merger of 5 associate banks and Bharatiya Mahila Bank with itself.

SBI shares ended trade at Rs 258, higher by 4.11 per cent on BSE. It touched an intraday high of Rs 260 during trade.

Richa Industries

Shares of Richa Industries surged after it said that has secured an order worth Rs 20 crores from Punj Llyod.

Richa Industries shares ended trade at Rs 28.60, higher by 5.77 per cent on BSE. It touched an intraday high of Rs 29.65 during trade.

Vama Industries

Shares of Vama Industries rose after it said that it will consider stock split from Rs 10 to Rs 2 in board meeting on August 23, 2016.

Vama Industries ended trade at Rs 30, higher by 7.14 per cent on BSE. It touched an intraday high of Rs 32 during trade.

State Bank of Mysore

Shares in State Bank of Mysore (SBM) crashed 10 per cent, following the merger of the bank with State Bank of India (SBI).

State Bank of Mysore shares ended trade at Rs 552, lower by 11.21 per cent on BSE. It touched an intraday low of Rs 538 during trade.

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