India Movers: Bank of Baroda, Indian Bank Net Slip, Berger Paints Net Soars

Mukesh Buch
04 Feb, 2013
New York City

Adani Enterprises third quarter net increased 2.2% and Bank of Baroda net declined 21.6%. Berger Paints net surged 56.4%. Hero MotoCorp January total sales climbed 7%. Indian Bank net tumbled 37.1%. IL&FS Transportation net jumped 18.6% and Rural Electrification net surged 33.4%.

[R]6:00 PM Mumbai – Adani Enterprises third quarter net increased 2.2% and Bank of Baroda net declined 21.6%. Berger Paints net surged 56.4%. Hero MotoCorp January total sales climbed 7%. Indian Bank net tumbled 37.1%. IL&FS Transportation net jumped 18.6% and Rural Electrification net surged 33.4%.[/R]

The Sensex Index slipped 30 to close at 19,751.19 The CNX Nifty decreased 11.65 to close at 5,987.25.

Gainers & Losers

Adani Enterprises Limited was flat at Rs 245.95 after consolidated net profit in the third quarter increased 2.2% to Rs 416.11 crore.

Bank of Baroda declined Rs7.55 to Rs 802.10 after net profit in the third quarter declined 21.6% to Rs 1,011.62 crore.

Berger Paints India Limited climbed 2.5% to Rs 184.40 after consolidated net profit in the third quarter surged 56.4% to Rs 76.80 crore.

DCM Shriram Consolidated Limited surged 7.2% to Rs 69.55 after the company reported third quarter consolidated net swung Rs 60.75 crore profit compared to net loss of Rs 25.20 crore a year ago.

Hero MotoCorp, Ltd. rose 0.3% to Rs 1,818.55 after total sales in January climbed 7% to 5,57,000 units from a month ago last year.

Indian Bank slumped 2.9% to Rs 196.85 after net profit in the third quarter tumbled 37.1% to Rs 330.58 crore.

IL&FS Transportation Networks Limited gained 1.8% to Rs 202.80 after consolidated net profit in the third quarter jumped 18.6% to Rs 104.10 crore.

Jubilant FoodWorks Limited. declined 5.2% to Rs 1,134.15 after net profit in the third quarter climbed 27.9% to Rs 37.70 crore.

MM Forgings Ltd increased 3.1% to Rs 100 after net profit in the third quarter declined 8.9% to Rs 5.53 crore.

Manjushree Technopack Limited gained 2.6% to Rs 100.20 after net profit in the third quarter jumped 128.6% to Rs 5.83 crore.

Rural Electrification Corporation Limited jumped 4.7% to Rs 247.95 after net profit in the third quarter surged 33.4% to Rs 1,026.65 crore.

The Jammu & Kashmir Bank Limited increased 1.3% to Rs 1,394.45 after net profit in the third quarter soared 35.8% to Rs 289.40 crore.