TOP CORPORATE NEWS-31 OCT 2014

Equity Tips, Stock Tips, Share Tips, Nifty Tips, Nifty Futures Tips

Gail (India) hits new high as Q2 profit beats estimates
Gail (India) has moved higher by 8% to Rs 552, also its record high on NSE, after reporting better-than-expected 42% year-on-year (yoy) jump in net profit at Rs 1,303 crore for the second quarter ended September 2014 (Q2), on back of strong operational performance. The state-owned company had profit of Rs 916 crore in previous year quarter.

Maruti Suzuki India, Axis Bank joins Rs 1-lakh-cr market-cap club
Maruti Suzuki India, the country’s largest carmaker and Axis Bank, the third largest private bank, have joined the elite club of companies with market capitalisation (m-cap) of more than Rs 1 lakh crore. Shares of both these companies hit their respective lifetime highs during intra-day deal on the bourses.

JK Lakshmi Cement hits record high as Q2 profit trebles
has rallied 5% to Rs 378 on National Stock Exchange (NSE) after reporting nearly three-fold jump in net profit at Rs 30.61 crore in September 2014 quarter (Q2), on back of improved volume and better realization. The company had profit of Rs 10.30 crore in the same quarter last fiscal.

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