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Vedanta share price slips nearly 2% on de-listing nod; sets Rs 87.5 as floor price

Vedanta share price slipped nearly 2 percent in the early trade on May 19 after the board had approved the de-listing from the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).The company board, in its meeting held on May 18, granted approval to the de-listing proposal, after having discussed and considered various factors, as per the company's BSE filing.The approval was granted to the company to s...

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Britannia share price gains 3% as Nomura initiates buy call

Biscuits and cookies maker Britannia Industries stock gained 2.6 percent intraday on May 15 as Japanese brokerage house Nomura initiated a buy call on the stock on likely margin expansion and market share gain.The stock after falling 36 percent in the six-month period, gained momentum again from March 24 this year and shot up 50 percent from March lows. It was trading at Rs 3,160.90 per share on the BSE, up Rs 42.70...

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Escorts share price up 2% on rise in Q4 profit; Kotak expects tractor industry revival in FY21

Escorts share price was up almost 3 percent in the morning session on May 15, a day after the farm and engineering equipment maker reported a 9.71 percent increase in consolidated net profit at Rs 127.73 crore for the fourth quarter ended March 31, 2020.The stock, which has jumped 11 percent in the last five days, was quoting at Rs 821.80, up Rs 27.50, or 3.46 percent at 0950 hours.The company's income declined to R...

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NOCIL share price declines 2% as Ashish Kacholia, Dolly Khanna cut stake

NOCIL share price declined 2 percent in early trade on May 15 after investors Ashish Kacholia and Dolly Khanna reduced their equity stakes in the company during the quarter ended March 2020.As per the shareholding pattern available on exchanges, Ashish Kacholia cut his stake in the company to 2.85 percent in the March quarter from 4.29 percent in the December quarter.Dolly Khanna also reduced her stake in the compan...

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Unichem Labs share price jumps 5% after FDA all-clear for Roha plant

Unichem Laboratories share price jumped almost 6 percent in the morning trade on May 15 after the company received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (USFDA) on May 13 for its facility in Maharashtra's Roha.The stock, which has been declining for the last one year, was quoting at Rs 134.55, up Rs 7.10, or 5.57 percent at 0925 hours. The scrip also witnessed...

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