Major mobile operator Bharathi Airtel gains 4% on account of better result. Weak monsoona and inflation is a major concern. Indiabulls Real estate has also gained more than 4%. Birla promoted Idea cellular has also gained more than 3%. Rural electrification corporation gains on result hopes. PSE index and CNX Media have gained in the index category.
L&T loses more than 6% on result announcement. Financial technologies has lost 3% with high volumes. Ramco cements also has lost 3% on Q1 results. CNX Infra and CNX Metal have lost in the indices section.
IDFC net profit drops by 14% due to low non-interest income
Ranbaxy suffers a net loss of Rs 185.92 cr for the current quarter
Flipkart raises $1 biliion in the latest round of funding from investors