Anuh Pharma crashes 8.4%

Anuh Pharma Ltd has informed BSE that in view of the EDQM suspension, the WHO PQ authorities have suspended Pyrazinamide and Sulfadoxine from the WHO list of pre-qualified API's until the WHO led inspection. 

Anuh Pharma Ltd is currently trading at Rs. 164, down by Rs. 11.9 or 6.77% from its previous closing of Rs. 175.9 on the BSE. Anuh Pharma Ltd has informed BSE that in view of the EDQM suspension, the WHO PQ authorities have suspended Pyrazinamide and Sulfadoxine from the WHO list of prequalified API's until the WHO led inspection.

The scrip opened at Rs. 176.3 and has touched a high and low of Rs. 179.7 and Rs. 162 respectively. So far 35246(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 440.74 crore.

The BSE group 'XC' stock of face value Rs. 5 has touched a 52 week high of Rs. 414.75 on 12-Aug-2015 and a 52 week low of Rs. 174.1 on 20-Apr-2016. Last one week high and low of the scrip stood at Rs. 179.5 and Rs. 174.1 respectively.

The promoters holding in the company stood at 70.98 % while Institutions and Non-Institutions held 0 % and 29.02 % respectively.

The stock is currently trading below its 200 DMA. 

Ujjivan Financial Services IPO to open on 28 April

The price band for the issue may be set between Rs. 207-Rs.210 per share, says report. 

Ujjivan Financial Services Ltd is planning to raise around up to Rs.850-900 crore, according to reports.

Report says that the company is expected to launch its initial public offering (IPO) on 28 April.

The price band for the issue  may be set between Rs. 207-Rs. 210 per share, says report.

The Ujjivan’s issue is being managed by Kotak Mahindra Capital Company, Axis Capital, ICICI Securities and IIFL Holdings.

Live Stock Market Updates – Sensex rallies over 200 points; banking,auto gain

Some buying activity is seen in banking,auto, industrial,consumer durables, metal, finance and pharma sector, while IT, telecom and teck are showing weakness on BSE. 

At 9:42 AM, the S&P BSE Sensex is trading at 26,075 up 230 points, while NSE Nifty is trading at 7,973 up 58 points. 

The BSE Mid-cap Index is trading up 0.51% at 11,121, whereas BSE Small-cap Index is trading up 0.65% at 11,207.

ICICI Bank, SBI, Tata Motors, GAIL, Axis Bank, ONGC, HDFC and Adani Ports are among the gainers, whereas Wipro, Bharti Airtel, Infosys, TCS, ITC, Lupin and Bajaj-Auto are losing sheen on BSE.

Some buying activity is seen in banking,auto, industrial,consumer durables, metal, finance and pharma sector, while IT, telecom and teck are showing weakness on BSE. 

The INDIA VIX is down 1.93% at 16.7450. Out of 1,780 stocks traded on the NSE, 350 declined, 1,034 advanced and 396 remained unchanged today.

A total of 20 stocks registered a fresh 52-week high in trades today, while 7 stocks touched a new 52-week low on the NSE.

The Indian rupee opened lower by 10 paise at 66.32/$ ageinst US Dollar on Thursday as against the previous close of 66.22/$.  On Wednesday, the rupee traded on a strong note against the greenback, influenced by persistent foreign capital inflows and the ensuing buoyancy in the domestic markets. On the domestic front, India’s macroeconomic profile has improved considerably, manifested by narrowing current account deficit, moderating inflation, lower interest rates and stable economic growth. 

VST Industries Q4 net profit at Rs.49.3 crore

The company has recommended a final dividend of Rs. 70/- per equity share of Rs. 10/- each. 

VST Industries Ltd announced the following results for the quarter & year ended March 31, 2016.

The company reported Rs.49.3 crore net profit for the quarter ended March 31 compared to Rs.152.20 crore reported in the year-ago period.
 
The company has recommended a final dividend of Rs. 70/- per equity share of Rs. 10/- each. Further, the dividend will be paid / dispatched on or before August 31, 2016 subject to the approval of the shareholders at the ensuing Annual General Meeting.

Stock view:
VST Industries Ltd ended at Rs. 1699.15, up by Rs. 19.6 or 1.17% from its previous closing of Rs. 1679.55 on the BSE.

The scrip opened at Rs. 1679.5 and touched a high and low of Rs. 1721.15 and Rs. 1679.5 respectively. A total of 5860(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2623.49 crore.

The BSE group 'B' stock of face value Rs. 10 touched a 52 week high of Rs. 1845.75 on 17-Nov-2015 and a 52 week low of Rs. 1400 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 1721.15 and Rs. 1655 respectively.

The promoters holding in the company stood at 32.16 % while Institutions and Non-Institutions held 26.62 % and 41.22 % respectively.

The stock traded above its 200 DMA.

New listing: Equitas Holdings set to list today

The IPO was subscribed 17.24 times at a price band of Rs 109-110 per share. 

Equitas Holdings to make its stock market debut today. The IPO was subscribed 17.24 times at a price band of Rs 109-110 per share.

The IPO received total bids for 29,95,84,575 shares as against the issue size of 13,91,91,802 shares.

The company raised Rs. 653 crore from anchor investors. The company allotted 5.93 crore shares at Rs.110 per share. 

Top 12 stocks in focus today: Wipro, Tata Steel, Bharti Airtel

Check out the companies which will be in focus during trade today based on recent and latest news developments. 

Wipro: Wipro registered a 6% rise in net revenue at Rs.13,742 crore in Q4 as against Rs.12,952 crore in Q3. The net profit of the company increased marginally to Rs.2,235 crore in Q4 FY16 as against Rs.2,234 crore in Q3.

Bharti Airtel: Bharti Airtel will sell more than 5 percent stake in its tower arm Bharti Infratel through an open market block deal, as per media reports.

Maruti Suzuki India Ltd: Maruti Suzuki India Ltd is working on having exclusive service facilities for Nexa customers, ED (Marketing & Sales) R.S. Kalsi has been quoted as saying by a business daily.

Tata Steel: The management of the UK strips division of Tata Steel has expressed interest in buying out the group’s five-million-tonne unit, reports a business daily.

IndusInd Bank: The bank will announce its Q4 numbers today.IIFL estimates the bank’s net revenues to soar to Rs.1,247 crore, growing at 35% yoy and 6% qoq.

Stone India: The company has bagged an order for supply & installation of 9090 units of Bio-Toilets to Govt. of Chattisgarh valuing Rs. 28.70 crores via its Business Associate, Cranberry Westlink T & D Inc.

Indraprastha Gas Ltd: IGL recorded highest CNG sale of 26.7 lakh kg a day this week, according to reports.

Hindustan Zinc: Hindustan Zinc will announce its Q4 numbers today. As per IIFL’s forecast, the company’s net profit for Q4 FY16 is expected to plunge to Rs.1,712 crore, at a rate of 13.8% yoy and 5% qoq.

Supreme Petrochem: Supreme Petrochem reported its net profit increased 164.8% to Rs.54.3 crore compared with Rs.20.5 crore in the corresponding quarter of the previous year.

Adani Enterprises Ltd: Adani Enterprises has received approval from the Gujarat government to begin work on building a solar power equipment plant, according to reports.

Skipper Ltd: Skipper has secured new orders worth approximately Rs.200 crore from Power Grid Corporation of India Limited and is favourably placed for contracts worth another Rs. 300 crore with them.

Aries Agro: The company gets bookings wrth Rs.201.78 crore for 65 brands.

Tide Water Oil: Tide Water Oil  Co. (India) Ltd concluded an agreement to acquire UK-based lubricant maker Price Thomas Holdings Ltd for £9.59 million (Rs.91.3 crore) as part of its plans to expand overseas sales.

VST Industries Ltd: The company reported Rs.49.3 crore net profit for the quarter ended March 31 compared to Rs.152.20 crore reported in the year-ago period.

Sakthi Sugars: The company has annoounced that a scheme of demerger of ABT Limited has been approved by the High Court of Judicature at Madras.

Narayana Hrudayalaya: Narayana Hrudayalaya has launched Shri Mata Vaishno Devi Narayana Superspecialty Hospital at Kakryal