Markets were trading significantly higher, as the BJP surged ahead in the Karnataka elections. Here are a few stocks that are in the news today.
Hindustan Unilever saw its stock surge after the FMCG major reported better than expected numbers. Revenue at the company was up 11 percent at Rs 9,097 crore, while the net profits at the company was up 14 percent at Rs 1,351 crore.
Dr Lal's Patholgical Lab
Dr Lal's Pathological Lab was another stock that was up on good quarterly numbers reported by the firm for the quarter ending March 31, 2018. The revenue at the company was up 21 percent at Rs 267 crore, while the net profit was up 25 percent at Rs 40 crore.
The stock was last seen trading at Rs 839, up 4 per cent in trade.
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Shares in Interglobe Aviation surged as much as 5 per cent, after the company was included in the MSCI index.
MSCI, is the world's biggest index complier with roughly $12 trillion in assets benchmarked to its products. This means that we could see renewed flows from Foreign Portfolio Investors into these stocks, due to the additions. The addition of the stock will take place from May 31, 2018.
Shares in Bombay Dyieng gained after the company reported a net profit of Rs 11 crores, as against a loss of Rs 62.5 crores.
Revenue at the company was up 44 per cent at Rs 758 crores. The shares of the company were up 2.23 per cent at Rs 296.
Shares in Tata Motors DVR dropped 3 per cent, after it was deleted from the MSCI global index. The stock was down at Rs 186.