Four stocks that made news today

The benchmark Bombay Stock Exchange (BSE) Sensex on Wednesday fell by 170 points to 27,225.93, bogged down by heavy selling in heavyweights HDFC and Airtel on lower-than-expected earnings numbers.

National Stock Exchange (NSE) index Nifty also closed 45.85 points or 0.55 per cent lower at 8,239.75.

Here are the key stocks that made news today:

KPIT Technologies

The Pune-based multinational company's shares fell 20 per cent to their lowest permissible limit on Wednesday after the firm reported a 23 per cent sequential decline in net profit at Rs 50.3 crore. Shares of the company closed at Rs 124.05 apiece, down by 19.99 per cent on BSE.

Welspun

The Welspun Corp stock rose on Wednesday after the firm reported 11-fold rise in its consolidated profit to Rs 143 crore for the quarter ended March 31, 2015. The shares settled at Rs 78.15 per share, up by 19.95 per cent at the end of trading hours.

Airtel

Bharti Airtel, India's largest telecom company, on Tuesday reported a 30.5 per cent jump in its March quarter's net profit at Rs 1,255 crore, buoyed by a robust customer growth and rise in mobile data revenue. However, on Wednesday the company's shares dropped by 3.32 per cent to close at Rs 387.50.

Idea Cellular

Idea Cellular shares on Thursday fell by 4 per cent in an overall weak stock market even as the company reported a robust 59.68 per cent increase in net profit on a consolidated basis for the March quarter. Shares of the telecom company closed at Rs 181.75, down by 5.12 per cent.