HCL surges 4% - HCL Technologies shares rose 4 per cent to Rs 1,081 on the BSE in early morning trade. HCL Technologies was up 3 per cent at Rs 1,073 and was the top gainer among S&P BSE Sensex and Nifty 50 index.
Tata Motors Falls - After S&P Rating Downgrade Shares of the Jaguar Land Rover-parent declined for the second trading session after falling as much as 1.4 per cent to a one-month low of Rs 167 per share. Tata Motors’ long-term rating was downgraded to ‘B+’ from ‘BB-’ by S&P.
DHFL gains 14% - Shares of Dewan Housing Finance Corporation (DHFL) moved 14 per cent higher to Rs 155 in intra-day trade on the BSE on Thursday on back of heavy volumes after reports emerged that Piramal Group and Baring Private Equity (PE) were in advanced stage of negotiations to acquire majority stake in the housing finance company.
Godrej Properties rises 4%- Shares of Godrej Properties rose 4.2 per cent intraday Thursday after CLSA maintained buy call on the stock with a target at Rs 1,024 per share. Godrej Properties was quoting at Rs 871.30, up Rs 17.55, or 2.06 per cent on the BSE.
NBCC Gains - After Bagging Orders Worth Over Rs 1,003 Crore Shares of the state-owned property developer snapped their one-day blip and rose 2.8 per cent to Rs 65.45 per share. NBCC (India) Ltd. received infrastructure orders worth Rs 1,003 crore for five development projects. The shares declined 32 per cent in the past 12 months compared with a 16 per cent gain in the Sensex Index.
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