India Movers: Bajaj Finance, GSFC, Goodricke, Nestle, Tata Coffee

Mukesh Buch
14 May, 2014
New York City

Ashoka Buildcon net and revenue climbed. Bajaj Finance net jumped 11%. GSFC profit soared 129% but revenue dropped. Goodricke net swung to a loss. Info Edge profit surged four-fold. Nestle net slumped and revenue rose 3%. Tata Coffee net declined 35%.

[R]6:00 PM Mumbai – Ashoka Buildcon net and revenue climbed. Bajaj Finance net jumped 11%. GSFC profit soared 129% but revenue dropped. Goodricke net swung to a loss. Info Edge profit surged four-fold. Nestle net slumped and revenue rose 3%. Tata Coffee net declined 35%.[/R]

The Sensex Index fell 56.11 or 0.2% to close at 23,815.12 The CNX Nifty close unchanged at 7,108.75.

Gainers & Losers

Ashoka Buildcon Ltd climbed 3% to Rs 108.50 after net profit in the fourth-quarter surged 110.9% to Rs 13.56 crore and total revenue jumped 6.4% to Rs 608.25 crore.

Bajaj Finance Ltd plunged 4.3% to Rs 1,793 after net profit in the fourth-quarter jumped 11.2% to Rs 182.09 crore and revenue climbed 28.8% to Rs 1,003.23 crore.

Gujarat State Fertilizers & Chemicals Ltd climbed 7% to Rs 66.45 after net profit in the fourth-quarter jumped 129.4% to Rs 134.09 crore but net sales dropped 10.5% to Rs 1,518.09 crore.

Goodricke Group Ltd dropped 2.5% to Rs 158.35 after company reported net in the fourth-quarter swung to a loss Rs 36.50 crore compared to profit of Rs 25.94 crore and sales tumbled 63.5% to Rs 96 crore.

Info Edge (India) Limited increased 0.8% to Rs 573.10 after net profit in the fourth-quarter surged 430% to Rs 33.60 crore and sales soared 18.9% to Rs 138 crore.

Nestle India slipped 1.9% to Rs 4,757 after net profit in the fourth-quarter slumped 7.1% to Rs 259.16 crore and net sales increased 2.9% to Rs 2,313.46 crore.

Tata Coffee Ltd plunged 5% to Rs 967.15 after net profit in the fourth-quarter declined 35.3% to Rs 16.32 crore and net sales slid 0.3% to Rs 374.27 crore.

Umang Dairies Ltd surged 19.8% to Rs 40.40 after net profit in the fourth-quarter soared 78.5% to Rs 3.57 crore and net sales climbed 59.6% to Rs 87.13 crore.