Market Now: Lupin, Reliance Home among top stocks that rally up to 20%
ETMarkets.com|
Updated: Oct 30, 2017, 02.44 PM IST
NEW DELHI: Benchmark equity indices BSE Sensex and NSE Nifty continued to trade higher in the late afternoon trade. The 30-share Sensex was up 170.23 points at 33327.45 around 2.30 pm (IST) on October 30 on account of buying in select frontline bluechip counters.
Shares of HBL Power (up 18.62 per cent), India Nippon (up 16.12 per cent), Rushil Decor (up 11.98 per cent), Take Solutions (up 10.56 per cent), Bhansali Engg (up 9.99 per cent), Ballarpur Inds. (up 9.74 per cent), HEG Ltd (up 9.45 per cent), Vaibhav Global (up 9.22 per cent), Shriram EPC (up 8.89 per cent), Lupin (up 8.87 per cent), PI Industries (up 8.57 per cent), Swan Energy (up 8.44 per cent), Syndicate Bank (up 8.24 per cent), Prime Focus (up 8.03 per cent), Ramkrishna Forg (up 7.88 per cent), Jet Airways (up 7.11 per cent), Just Dial (up 6.87 per cent), Zuari Agro Chem (up 6.61 per cent), Rain Ind (up 6.43 per cent), Orient Paper (up 6.17 per cent), Marathon Nextgen (up 6.11 per cent), Meghmani Org (up 5.99 per cent), Reliance Home Finance Ltd. (up 5.76 per cent), DCM Shriram Cons (up 5.71 per cent), Indiabulls Real Estate (up 5.69 per cent) were trading over 5 per cent higher at around the same time.
Pharma firm Lupin on Monday reported 31.28 per cent year-on-year fall in consolidated net profit at Rs 455 crore for the quarter ended September 30, 2017 against Rs 662.19 crore in the corresponding quarter last year. ET Now poll had predicted net profit of Rs 420 crore in Q2FY18.
Reliance Home Finance posted 100 per cent year-on-year jump in net profit at Rs 41 crore for the quarter ended September 30, 2017.
In the Nifty 50 index, stocks such as Lupin (up 8.06 per cent), YES Bank (up 2.74 per cent), Dr Reddy's Labs (up 2.67 per cent), ONGC (up 2.42 per cent), BPCL (up 2.35 per cent), Tata Motors (up 2.30 per cent), Bharti Infratel (up 2.25 per cent), Eicher Motors (up 1.97 per cent) and Bharti Airtel (up 1.94 per cent) were among top gainers on Monday.
The Nifty 50 index were up 58.05 points at 10381.10 at around the same time. Among the 51 components in Nifty index, 36 shares were trading in green, while 13 were in red.
Shares of HBL Power (up 18.62 per cent), India Nippon (up 16.12 per cent), Rushil Decor (up 11.98 per cent), Take Solutions (up 10.56 per cent), Bhansali Engg (up 9.99 per cent), Ballarpur Inds. (up 9.74 per cent), HEG Ltd (up 9.45 per cent), Vaibhav Global (up 9.22 per cent), Shriram EPC (up 8.89 per cent), Lupin (up 8.87 per cent), PI Industries (up 8.57 per cent), Swan Energy (up 8.44 per cent), Syndicate Bank (up 8.24 per cent), Prime Focus (up 8.03 per cent), Ramkrishna Forg (up 7.88 per cent), Jet Airways (up 7.11 per cent), Just Dial (up 6.87 per cent), Zuari Agro Chem (up 6.61 per cent), Rain Ind (up 6.43 per cent), Orient Paper (up 6.17 per cent), Marathon Nextgen (up 6.11 per cent), Meghmani Org (up 5.99 per cent), Reliance Home Finance Ltd. (up 5.76 per cent), DCM Shriram Cons (up 5.71 per cent), Indiabulls Real Estate (up 5.69 per cent) were trading over 5 per cent higher at around the same time.
Pharma firm Lupin on Monday reported 31.28 per cent year-on-year fall in consolidated net profit at Rs 455 crore for the quarter ended September 30, 2017 against Rs 662.19 crore in the corresponding quarter last year. ET Now poll had predicted net profit of Rs 420 crore in Q2FY18.
Reliance Home Finance posted 100 per cent year-on-year jump in net profit at Rs 41 crore for the quarter ended September 30, 2017.
In the Nifty 50 index, stocks such as Lupin (up 8.06 per cent), YES Bank (up 2.74 per cent), Dr Reddy's Labs (up 2.67 per cent), ONGC (up 2.42 per cent), BPCL (up 2.35 per cent), Tata Motors (up 2.30 per cent), Bharti Infratel (up 2.25 per cent), Eicher Motors (up 1.97 per cent) and Bharti Airtel (up 1.94 per cent) were among top gainers on Monday.
The Nifty 50 index were up 58.05 points at 10381.10 at around the same time. Among the 51 components in Nifty index, 36 shares were trading in green, while 13 were in red.
