SpiceJet, ITC, Lupin among 10 stocks that made news in Friday’s trade – Financial Express

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Stocks that made news today Lupin Limited shares settled the day 9.10 per cent down at Rs 1505.15 despite the pharma major reported 47.54 per cent rise in its consolidated net profit figures at Rs 807.08 crore for the quarter ended March 31, 2016 against Rs 547.01 crore in the corresponding quarter a year ago. (Photo: Reuters)

The BSE Sensex and NSE Nifty fell for a third consecutive session on Friday tracking global markets as caution prevailed about the possibility of an interest rate hike by the US Federal Reserve as early as June. Sensex closed 97.82 points to settle at 25,301.90 in choppy trade, while NSE Nifty shed 33.70 points to close at 7,749.70.

Below are the 10 stocks that made news today

Aditya Birla Nuvo: Stocks of diversified firm ended 3.28 per cent down at Rs 1002.85 after it reported a consolidated net profit of Rs 326.69 crore in the fourth quarter ended March 2016. The company had posted a net profit of Rs 331.63 crore in the January-March quarter of 2014-15.

Lupin Limited: Shares of the company settled the day 9.10 per cent down at Rs 1505.15 despite the pharma major reported 47.54 per cent rise in its consolidated net profit figures at Rs 807.08 crore for the quarter ended March 31, 2016 against Rs 547.01 crore in the corresponding quarter a year ago.

Coffee Day Enterprises: Shares of the company reported a consolidated net profit of Rs 12.31 crore for the March quarter.  The company had posted a net loss of Rs 7.37 crore during the same quarter of 2014-15 fiscal. The scrip settled 1.05 per cent down at Rs 263.

Sundram Fasteners: Stocks of the auto component maker ended 1.21 per cent down at Rs 159.60 after it reported an over four-fold jump in standalone net profit at Rs 75.39 crore for the March quarter, propelled by gains from exceptional items. The company had posted a standalone net profit of Rs 15.97 crore in the year-ago quarter.

SpiceJet: Stocks of the low-cost carrier closed 10.37 per cent down at Rs 71.30 despite its net profit more than tripled to Rs 73.19 crore in the three months to March as higher income from operations helped the no-frills carrier remain profitable for the fifth straight quarter. The carrier had a net profit of Rs 22.52 crore in the year-ago period.  The carrier reported a one-time expense of Rs. 173 crores on stabilisation and reliability of its fleet which impacted the bottom line significantly in this quarter.

Pidilite Industries: Shares of the company ended 5.97 per cent up at Rs 653.35 after the company reported a 49 per cent increase in stand-alone net profit at Rs 115.1 crore for the March quarter.

Parag Milk Foods: Leading multi-asset class fund manager IDFC Alternatives said it has completed a partial exit in Parag Milk Food Ltd, which got listed on the bourses on Thursday. Stocks of the company ended 1.35 per cent down at Rs 244.45.

ITC: Stocks of the company ended 1.55 per cent up at Rs 9.95 after FMCG firm reported an increase of 5.67 per cent in standalone net profit at Rs 2,495.20 crore for the fourth quarter ended March 31. The company had posted a net profit of Rs 2,361.18 crore during January-March quarter a year ago.

ENIL: Stocks of the company ended 3.24 per cent up at Rs 704.35 after it reported a decline of 21.01 per cent in its standalone net profit to Rs 20.15 crore for the fourth quarter ended March 31, 2016. The company had posted a net loss of Rs 25.51 crore for the corresponding quarter a year ago.

DB Corp: Stocks of the media company ended 2.67 per cent up at Rs 326.30 after its consolidated net profit remained flat at Rs 64.24 crore for the March quarter. The company had posted a net profit of Rs 63.99 crore in the January-March quarter of 2014-15.