Stocks That Were In News On August 24, 2016

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Key domestic benchmark indices ended higher on Wednesday. The 30-share benchmark index ended trade higher by  69.73 points to end at 28059.94; Nifty ends at 8650.30 up by 17.70 points.

Stocks That Were In News On August 24, 2016

India Oil Corporation

Shares of India Oil Corporation rose after the state-run company said that its board may consider issue of bonus shares in the said board meeting on August 29, 2016.

Indian Oil shares 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.

Vama Industries

Shares of Vama Industries rose 7 percent on Wednesday on the back of sub-division of their equity shares. Shares ended day at Rs 40.65, higher by 14.67 per cent on BSE. It touched an intraday high and 52-week high of Rs 42.50 during trade.

Welspun India

Welspun India shares have hit a new 52-week low after Target Corporation said that it was severing ties with the company as it had used cheap cotton, instead of fine Egyptian cotton in making bedsheets.

Welspun India shares ended day at Rs 59.30, lower by 9.95per cent on BSE. It touched an intraday low of Rs 59.30 during trade.

Engineers India

Shares of Engineers India jumped 6 per cent after the company reported 50 per cent growth in net profit at Rs 80 crore for the quarter ended June 30, 2016.

Engineers India shares ended day at Rs 251, higher by 8.33 per cent on BSE. It touched an intraday high and 52-week high of Rs 254.25 during trade.

Jubilant Life Sciences

Share price of Jubilant Life Sciences rose to it touched a 52-week high after the company said that it has received ANDA approval for Telmisartan tablets.

Jubilant Life Sciences shares ended day at Rs 507, higher by 0.49 per cent on BSE. It touched an intraday high of Rs 519.50 during trade.

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