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Key benchmark indices trimmed losses in mid-afternoon trade after hitting fresh intraday low in afternoon trade. At 14:18 IST, the barometer index, the S&P BSE Sensex, was down 310.52 points or 0.98% at 31,484.94. The Nifty 50 index was down 87.15 points or 0.88% at 9,817. Bulk of todays steep market slide was triggered by a sharp slump in index heavyweight and IT major Infosys. Sentiment was also hit as global stocks markets declined on rising doubts about US President Donald Trumps ability to deliver his economic agenda.
Corporate Action – RURAL ELECTRIFICATION CORPORATION, BALKRISHNA INDUSTRIES, GODREY PHILIPS, PETRONET LNG, INFIBEAM INCORPORATION, SUZLON ENERGY, ENGINEERS INDIA, JAIN IRRIGATION SYSTEM, UNITED BRE
Shares of Suzlon Energy on Monday zoomed 14 per cent after the company on Friday reported strong quarterly numbers. The company had posted consolidated net profit of ₹47.84 crore for the quarter ended June against consolidated loss of ₹263.40 crore for April-June 2016, Suzlon Energy said in a BSE filing on Friday.
10:05 am Buzzing: PSU banking major State Bank of India extended losses in morning, falling over 1 percent as brokerage houses slashed target price after disappointing earnings and bad asset quality performance in April-June quarter.
Shares of Suzlon Energy added 10 percent intraday Monday as the company turned profitable in the quarter ended June 2017.
The market snapped a five-week winning streak and fell sharply by more than 1,100 points on the Sensex, weighed by geopolitical tensions surrounding around North Korea and disappointing earnings.
New Delhi: Renewable energy solution provider Suzlon Energy posted a consolidated net profit of Rs47.84 crore in the quarter ended 30 June 2017 on the back of higher income.
On realization of the aforesaid award amount, the company plans to reduce its debts or add capacities to increase the bottom line.
On July 28, 2017 BNP Paribas Arbitrage sold 2,99,46,669 shares of Suzlon Energy at Rs 19.47 on the NSE.
S&P BSE Realty index was trading higher by 1.66% at 2,206.50 during Wednesday’s trading session at 1043 hours. Prestige was the top gainer on the index, trading higher by 5.30% at Rs 263 per share.
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Majesco Limited announced on Tuesday that American Capital Assurance Corp. has selected Majesco Suite for P&C, Majesco Distribution Management, Majesco Business Analytics and Majesco Enterprise data warehouse to transition from an outsourced provider.
Ten public sector banks have submitted their turnaround strategies to the government, which is a requirement for getting bailout fund infusions.
Prism Cement is the buzzing stock on the bourses as it witnessed maximum spurt in volume by more than 61.80 times on BSE. The stock touched its intraday high of Rs 124.15 per share, up by 2.86%.
Open interest and share prices of Jaiprakash Associates, Hexaware Technologies and Adani Power have witnessed long built up positions.
Share price of Suzlon Energy rose 4 percent intraday Wednesday as it has won wind power project from Saudi Arabia company.
Suzlon Energy Limited informed on Tuesday that the Suzlon Group has won an order of 50.40 MW wind power project from Riyadh-based Alfanar Group.
India set out plans to step up the pace of issuing contracts for electricity from wind farms, triggering a surge in the shares of one of the nation’s biggest maker of turbines.
Suzlon Energy on Saturday said its arm Suzlon Energia Eolica do Brasil Ltda (SEOB) has exited the Brazilian market.
Suzlon Energy says its arm Suzlon Energia Eolica do Brasil Ltda (SEOB) has exited the Brazilian market