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A host of companies will turn ex-dividend on Thursday. For investors wishing to receive dividend, Wednesday is the last day to buy these shares. These include Axis Bank (₹5/share), Bajaj Auto (₹55), Bajaj Finserv (₹1.75), Bajaj Holdings (₹32.50), Bajaj Finance (₹3.6), Bata India (₹3.5), Laurus Labs (₹1.50), Maharashtra Scooters (₹30), Manali Petrochem (₹0.50), Karnataka Bank (₹4) Supreme Petrochem (₹3.
In the past ten days while the earnings reports of Reliance Industries, Axis Bank, Kotak Bank and Maruti hogged the limelight, there were quite a few interesting results from some very well- known and some lesser known names as well that caught our attention.
Here are a few top buzzing stocks picked by CNBC-TV18's analysts in trade today - Lupin, Axis Bank, Lakshmi Vilas Bank, Supreme Petrochem, Apollo Hospitals, Petron Engg, UFO Moviez, Adani Enterprises, Jsw Energy, HDIL and Infibeam.
Supreme Petrochem surged 7.28% to Rs 425.65 at 11:13 IST on BSE after net profit rose 28.6% to Rs 69.89 crore on 6.3% growth in net sales to Rs 860.42 crore in Q4 March 2017 over Q4 March 2016.
Shares of Supreme Petrochem touched 52-week high of Rs 427.80, advances 8 percent intraday Thursday on the back of strong numbers declared by the company.
Three notable banking and finance companies — Axis Bank, GIC Housing Finance and Lakshmi Vilas Bank — will announce their full-year and quarter results for the period ending March 2017.
Supreme Petrochem has informed the exchanges that India Ratings and Research (India-Ra) has upgraded its long-term issuer ratings to ‘IND A+’ from ‘IND A’. The outlook is stable. The agency has also upgraded Supreme Petrochem’s bank facilities - ₹100 crore fund-based limits and ₹1,120 crore non-fund based limits to ‘IND A+’/Stable/’IND A1+’ from ‘IND A’/’IND A1’. Shares of Supreme Petrochem closed 0.
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