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Stock To Buy: Multibagger Tata Stock Hits 20% Upper Circuit, Gains 37.22% In 1-Week; TP Rs 1100 -
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Stocks That Were In News On November 5, 2015
The 30-share benchmark index, Sensex was trading at 26304.20 down by 248.72 points or by 0.94 per cent, while the NSE Nifty was at 7955.45 down by 84.75 points or by 1.05 per cent.
On the global front, Asian peers ended the day on a mixed note. While, European indices were trading on a negative note with all the CAC, DAX and FTSE hovering in red.
IDBI Bank said it plans to raise Rs 2,800 crore from foreign investors or public offer, a move that will bring down the stake of the government in the lender, said the media report.
The stock ended the trade at Rs 84.30, lower by 0.59 per cent on BSE. The stock touched an intra-day high of Rs 85.75 during the trade.
Shares in Bata India fell to a new 52-week low on the NSE as earnings of the shoe maker, lagged estimates.
The stock ended the trade at Rs 462.60, lower by 4.81 per cent on BSE. The stock touched an intra-day low and 52-week low at Rs 462 during the trade.
The Company has posted a net profit of Rs 287 crore for the quarter ended September 30, 2015 as compared to Rs. 120 crore for the quarter ended September 30, 2014.
The stock ended the trade at Rs 86.70, lower by 5.91 per cent on BSE. The stock touched an intra-day low of Rs 86.40 during the trade.
Shares of Pratibha Industries rose 9 per cent on Thursday after the company secured a work order worth Rs 1023.62 crore from Government of Telangana, Rural Water Supply and Sanitation department.
The stock ended the trade at Rs 40.70, higher by 3.56 per cent on BSE. The stock touched an intra-day high of Rs 43 during the trade.
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