- 30 Jul 1402:26 PMShares of pharmaceutical companies are continous at their upward march with the National Stock Exchange CNX Pharma index hits new high after reporting a strong set of numbers for the quarter ended June 30, 2014 (Q1).02:08 PMPharma company Dr Reddy's today reported Q1 net profit of Rs 550 crore as compared to Rs 361 crore in the year-ago quarter, an uptick of 52%.01:55 PMLupin has surged 5% to Rs 1,175, also its new high on National Stock Exchange, after reporting a better-than-expected 56% year-on-year (y-o-y) jump in net profit at Rs 625 crore for the quarter ended June 2014 (Q1), on back of strong growth in the US and01:54 PMThe proposed hike in industrial power tarrifs in Uttar Pradesh would spur migration of Small and Medium Enterprises (SMEs) to the neighbouring state of Uttarakhand, Indian Industries Association (IIA) has said.01:33 PMPharma company Lupin announced a 56% surge in net profit at Rs 625 crore for the quarter ended June 2014. It was Rs 401 crore in the same period a year ago.01:25 PMTobacco-to-hospitality giant ITC wants presence in new business segments such as fruit juices, tea & coffee, chocolates.01:12 PMAuto components firm Bharat Forge today reported 60.01% jump in standalone net profit at Rs 144.97 crore for its first quarter ended June 30, 2014-15, on the back of higher sales.01:03 PMIn a controversial move, global private banking major HSBC has closed a number of "risky" accounts belonging to Muslim groups and individuals in the UK.12:43 PMITC is trading 1.4% higher at Rs 362 on BSE after its cigarette business’ revenues grew 18.8% year-on-year (yoy) to Rs 4,201 crore and Ebit (earnings before interest and tax) margin up 142 basis points to 64.8% for the quarter ended June 2014 (Q1).12:23 PMBlackBerry will acquire German security solutions firm Secusmart GmbH as part of its efforts to ramp up enterprise service offerings.12:21 PMGOLD: Gold prices are expected to trade negative. One can sell around 27930 -960 with a stop loss above 28120. Prices could test 27570 -27500 on lower end.12:20 PMCalendar year 2014 has been a good year thus far for most global equity markets. Investors are betting on an economic recovery in the developed markets.12:12 PMDiversified miner Vedanta Resources Plc ground out a marginal increase in quarterly core earnings as its oil and gas and aluminium businesses offset a decline in zinc and copper.12:10 PMOrchid Pharma will allocate equity shares worth Rs 92 crore to Orchid Healthcare Private Ltd, a promoter Group company.12:02 PMCrude palm oil prices marginally up by Rs 1.30 to Rs 522.50 per 10 kg in futures trade today as speculators created fresh positions on the back of rising spot demand.12:02 PMTracking weak trend overseas, gold futures fell 0.11% to Rs 27,835 per 10 grams today as speculators reduced their exposures amidst a weak global trend.12:02 PMCopper prices moved down by 0.10% to Rs 429.25 per kg in futures trade today as speculators reduced positions amid a weak trend overseas and low demand in the spot market.12:02 PMLead futures rose 0.26% to Rs 134.30 per kg today as participants enlarged positions amidst rising demand from battery-makers in the domestic spot market even as metal weakened overseas on rising inventories.12:01 PMTaking positive cues from domestic spot markets, zinc futures edged up by 0.18 per cent to Rs 141.80 per kg today after speculators created positions.12:01 PMSilver futures prices today rose by 0.11 per cent to Rs 44,316 per kg as speculators built fresh positions amid covering-up of short positions.