Stocks That Were In News On October 7, 2016

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Key domestic benchmark indices ended marginally lower on Friday. The 30-share benchmark index ended trade lower by 45.07 points to end at 28,061.14; Nifty ended at 8,697.60 down by 11.95 points.

Stocks That Were In News On October 7, 2016
Indices
Sensex26,747.18Sensex Quote52.90 [0.20%]
Nifty8,261.75Nifty Quote14.90 [0.18%]

Steel Strips

Shares of Steel Strips Wheels  touched 52-week high after the company bagged a record export order for supply of caravan steel wheels for EU trailer market.

Steel Strips shares ended trade at Rs 698, higher by 2.76 per cent on BSE. It touched an intraday high and 52-week high of Rs 705 during trade.

Kotak Mahindra Bank

Shares of Kotak Mahindra Bank were seen trading lower after the company slashed the base rate by 10 bps to 9.4 percent effective October 7.

Shares of Kotak Mahindra Bank ended marginally lower at Rs 781 on BSE. It touched an intraday high of Rs 784 and low of Rs 776 during trade.

Bharti Airtel

Bharti Airtel, the India's largest telecommunications services providers has said that it has acquired 173.8 Mhz spectrum in the latest spectrum auction conducted by the Department of Telecom, Government of India.

Bharti Airtel shares ended trade at Rs 320, lower by 0.74 per cent on BSE. It touched an intraday high of Rs 324 and low of Rs 317 during trade.

Fiem Industries

Shares of Fiem Industries soared hitting 52-week high after the company signed a "Technology License and Assistance Agreement" (TAA) with Aisan Industry Co., Ltd., Japan and Toyota Tsusho Corporation, Japan.

Fiem Industries shares ended trade at Rs 1235, higher by 2.69 per cent on BSE. It touched an intraday high and 52-week high of Rs 1257 during trade.

Tata Motors

Shares of Tata Motors rose 2 per cent on Friday after the company reported its best ever September retail sales of 61,047 vehicles, up 28% compared to September 2015.

Shares of Tata Motors ended trade at Rs 565, higher by 2.68 per cent on BSE. It touched an intraday high of Rs 567 during trade.

NR Agarwal

Shares of NR Agarwal rallied hitting 52-week high after the company said that it has exited from corporate debt restructuring (CDR) subject to payment of recompense amount.

NR Agarwal shares ended trade at Rs 204, higher by 11.33 per cent on BSE. It touched an intraday high and 52-week high of Rs 208 during trade.

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Story first published: Friday, October 7, 2016, 15:32 [IST]
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