Among sectors, automobiles, infrastructure, energy and metal names are trading in the green, while IT names along with pharmaceuticals are trading lower.
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At 09:35 hrs IST, the Sensex is up 66.29 points or 0.19% at 34508.34, and the Nifty up 8.10 points or 0.08% at 10394.70.
Buzzing stock: Shares of Container Corporation are trading higher by a percent as investors reacted positively to its September quarter performance.
The company reported a 46.80 percent its standalone net profit to Rs 336.05 crore for the quarter ended September 30, 2018.
It had clocked a standalone net profit of Rs 228.91 crore for the corresponding quarter of the previous fiscal, it said in a filing to the BSE.
Nov 01, 09:51 AM (IST)
Shares of Lupin slipped more than 2 percent in the early trade on Thursday as the company reported a weak set of numbers for the quarter ended September 2018.
The company has reported a massive 41.2 percent fall in second-quarter profit to Rs 268.5 crore, dented by lower operating income and US business. However, the bottom line increased 32 percent sequentially. The sharp increase in other income limited profit fall YoY.
Revenue from operations during the quarter was flat at Rs 3,951 crore against Rs 3,952 crore in corresponding period last fiscal, with 8.3 percent YoY degrowth in North America formulations business.source:- Moneycontrol
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