Stocks in news: Maruti Suzuki, Cera Sanitaryware and more
Shares of Maruti Suzuki hit an all-time high of Rs 4,182
on Wednesday after the global investment bank Credit Suisse raised its
target price to Rs 5,100 from Rs 4,370 earlier.
BT Online Bureau- New Delhi,
- Updated Jul 15, 2015 4:04 PM IST
The key benchmark indices BSE Sensex and NSE Nifty jumped 0.95 per cent and 0.82 per cent to 28,198.29 and 8,523.80, respectively.
Here are some stocks that made the buzz today:
- Maruti Suzuki India: Shares of the India's largest car maker hit an all-time high of Rs 4,182 on Wednesday after the global investment bank Credit Suisse raised its target price to Rs 5,100 from Rs 4,370 earlier. The scrip closed 2.75 per cent higher at Rs 4,160.
- Adhunik Metaliks: Shares of Adhunik Metaliks hit upper circuit on Wednesday after the company informed stock exchanges that its wholly owned subsidiary - Orissa Manganese & Minerals (OMML), has been granted extension of lease for its three manganese ore mines (Patmunda, Orahuri and Kusumudhi) till March 31, 2020 under merchant category. Patmunda mine has already re-started operation. The share price of the company soared 19.75 per cent to Rs 18.80 on Wednesday.
- Cera Sanitaryware: The share price of Cera Sanitaryware surged 13.90 per cent to Rs 261.85 after the company reported a net profit of Rs 15.67 crore for the quarter ended June 2015. The company posted net profit of Rs 13.63 crore in the corresponding quarter a year ago.
- DCB Bank: The share price of the bank declined 5.87 per cent to Rs 133.20 post Q1 results. For the quarter ended June 2015, the company reported net profit of Rs 46.87 crore, up 4.99 per cent, against Rs 44.64 crore in the corresponding quarter a year ago. The company announced Q1 results on July 14 post market hours.
- Greenply Industries: Greenply Industries on Wednesday reported a 14.74 per cent jump in its standalone net profit at Rs 26.70 crore for the first quarter of 2015-16. The company had posted a net profit of Rs 23.27 crore in the same quarter of 2014-15, the company said in a BSE filing. The share price of the company jumped 1.75 per cent to Rs 975.10.
Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
Published on: Jul 15, 2015 9:46 AM IST