India Movers: Piramal Life Sciences, Cipla, Hindustan Copper and Suzlon

Mukesh Buch
07 Feb, 2011
New York City

Aurobindo Pharma declined 1.2% and net profit rose 9.8%. Borosil increased 1.3% after third quarter net profit surged three-fold. Cipla plunged 3% after quarterly profit declined 20%. Eicher Motors rose 1% after net profit more than doubled. Suzlon Energy gained 3.5 on lower than expected loss.

[R]6:00 PM Mumbai – Aurobindo Pharma declined 1.2% and net profit rose 9.8%. Borosil increased 1.3% after third quarter net profit surged three-fold. Cipla plunged 3% after quarterly profit declined 20%. Eicher Motors rose 1% after net profit more than doubled. Suzlon Energy gained 3.5 after it reported lower than expected quarterly loss.[/R]

The BSE Sensex rose 0.1% or 29.04 to close at 18,037.19 The CNX Nifty on the National Stock Exchange rose 0.25 to close at 5,396.00.

Gainers & Losers

Aurobindo Pharma Limited declined 1.2% to Rs 1,159.80 after the pharmaceutical company reported third quarter consolidated net profit rose 9.8% to Rs 188.63 crore.

Bharat Petroleum Corporation Limited increased 1.3% to Rs 595.15 after the petroleum company’s subsidiary Bharat PetroResources discover natural gas in Mozambique.

Borosil Glass Works Ltd. increased 1.3% to Rs 685.00 after the scientific, industrial glassware maker said third quarter net profit surged 342.22% to Rs 7.96 crore.

Camlin Fine Chemicals Limited gained 2.3% to Rs 63.40 after the chemical maker said net profit increased 169.89% to Rs 1.21 crore.

Cipla Limited plunged 2.9% to Rs 314.65 after the pharmaceutical company reported third quarter net profit declined 19.49% to Rs 232.69 crore.

Eicher Motors Limited rose 1% to Rs 1,081.10 after the commercial vehicle maker said fourth quarter consolidated net profit surged 169.3% to Rs 54.86 crore.

Hindustan Copper Limited rose 0.9% to Rs 265.90 after the refined copper maker reported third quarter net profit soared 69.5% to Rs 80.72 crore.

Nagarjuna Construction Company Limited slipped 3.6% to Rs 100.35 after the construction company said third quarter consolidated net profit fell 6.6% Rs 52.11 crore.

Piramal Life Sciences Limited slumped 1.3% to Rs 92.70 after the biopharmaceutical company reported third quarter net loss reduced to Rs 25.68 crore compared to Rs 36.76 crore from a year ago.

Suzlon Energy Limited gained 3.5% to Rs 49.70 after the wind power company reported third quarter consolidated net loss of Rs 253.57 crore compared to net profit of Rs 14.10 crore from same period a year ago.