STOCK NEWS AND UPDATES TODAY : BY PremiumStockTips
Index heavyweights RIL and ITC were among the top gainers in early trades with banks and pharma shares among the top gainers.
Tata Steel was up 2.5% after the company said its sales rose by 12% year on year (y-o-y) to 2.62 million tonnes (MT) in the quarter ended September 30, 2016 (Q2FY17). The company had recorded sales of 2.33 MT in the same quarter of 2015-16 fiscal.
ONGC was trading with marginal gains. Reports suggest that the state-owned exploration major is likely to buy an operating stake in the Gujarat State Petroleum Corporation (GSPC)’s KG basin gas block.
Sunil Hitech Engineers has surged 12% to Rs 358 on the BSE in early morning trade after the company announced that the board will meet on Tuesday, October 11, 2016, to consider issue of bonus shares to existing shareholders.
Steel Strips Wheels (SSWL) has moved higher to its new high of Rs 748, up 6.5% on the National Stock Exchange (NSE) after the company said it has bagged an export order for supply of Caravan Steel wheels for EU Trailer market.
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