India Movers: BPCL, Escorts, Essar, HDIL, SAIL, Tata Steel, Tata Motors

Mukesh Buch
14 Aug, 2013
New York City

BPCL net swung to profit. Escorts net surged and sales climbed. Essar Oil quarterly loss narrowed. HDIL net and revenue plunged but LIC Housing net and revenue jumped. SAIL net declined 35% as revenue dropped. Tata Steel net soared 91%. Tata Motors net plunged 23%.

[R]6:00 PM Mumbai – BPCL net swung to profit. Escorts net surged and sales climbed. Essar Oil quarterly loss narrowed. HDIL net and revenue plunged but LIC Housing net and revenue jumped. SAIL net declined 35% as revenue dropped. Tata Steel net soared 91%. Tata Motors net plunged 23%.[/R]

The Sensex Index gained 137.75 or 0.7% to close at 19,367.59 The CNX Nifty rose 43 to close at 5,642.30.

Gainers & Losers

AstraZeneca Pharma India Limited surged 16.1% to Rs 855 and quarterly net swung to a profit Rs 1.76 crore compared to a loss of Rs 8.14 crore. Net sales soared 37.1% to Rs 125.13 crore.

Amara Raja Batteries Limited surged 8% to Rs 276.95 after net profit in the first quarter soared 29% to Rs 97.80 crore and net sales climbed 29% to Rs 886.80 crore.

Amtek India Limited gained 1.7% to Rs 65.70 after net profit in the fourth quarter surged 63.2% to Rs 54.28 crore and net sales advanced 5% to Rs 439.11 crore.

Bharat Petroleum Corporation Limited advanced 6.5% to Rs 304.65 after the company reported net in the first quarter swung to a profit Rs 150.32 crore compared to a loss of Rs 8,836.75 crore.

Revenue in the quarter jumped 7.7% to Rs 59,074.74 crore.

Escorts Limited surged 19.9% to Rs 88.65 after net profit in the first quarter soared more than two-fold to Rs 58.30 crore and net sales climbed 16.2% to Rs 1,172.89 crore.

Essar Oil Limited climbed 4.9% to Rs 60.35 after the company reported a net loss in the first quarter narrowed to Rs 863 crore compared to Rs 1,518 crore.

Revenue in the quarter jumped 12% to Rs 24,721 crore.

Gujarat State Petronet Limited climbed 5.9% to Rs 57.80 after net profit in the first quarter rose 1.1% to Rs 126.27 crore and net sales jumped 10.6% to Rs 296.06 crore.

Housing Development and Infrastructure Limited jumped 2.3% to Rs 33.40 after consolidated net profit in the first quarter plunged 84.6% to Rs 16.25 crore and total revenue dropped 23.6% to Rs 160.84 crore.

LIC Housing Finance Limited gained 1.8% to Rs 181.05 after net profit in the first quarter climbed 36.3% to Rs 310.50 crore and total revenues advanced 23.2% to Rs 2,177.93 crore.

Oracle Financial Services Software Limited slipped 1.8% to Rs 2,916.15 after consolidated net profit in the first quarter fell 1% to Rs 366 crore and revenue tumbled 5% to Rs 899 crore.

Pidilite Industries Limited gained 1.5% to Rs 255.90 after consolidated net profit in the first quarter jumped 25.8% to Rs 160.99 crore and net sales climbed 12.1% to Rs 1,118.81 crore.

Steel Authority of India Limited slipped 1.7% to Rs 43.60 after net profit in the first quarter declined 35.2% to Rs 450.91 crore and total revenues dropped 5.1% to Rs 10,494.08 crore.

Tata Steel Limited gained 3.6% to Rs 249.80 after the first quarter consolidated net profit soared 90.5% to Rs 1,139 crore and revenue fell 3% to Rs 32,805 crore.

Tata Motors Limited jumped 7.8% to Rs 313.85 after the net profit in the first quarter plunged 23.1% to Rs 1,726 crore and revenue increased 8% to Rs 46,785 crore.

Voltas Limited declined 4.7% to Rs 72.85 after consolidated net profit plunged 48.5% to Rs 40.75 crore and net sales slid 0.6% to Rs 1,601.78 crore.