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Thursday, June 12, 2014

Jubilant Life rises 7%, ups vitamin B3 product price
Shares of Jubilant Life Sciences, the manufacturer of vitamin B3 (Niacin and Niacinamide), rallied nearly 7 percent to touch a 52-week high of Rs 219.60 after the company has announced a price increase of 9 percent for Niacinamide with immediate effect.

Strides Arcolab stock surges 3%
Shares of Strides Arcolab was higher by 3% on reports that foreign institutional investors have bought nearly 1%stake in pharmaceutical company through open market transactions.

Tata Motors inches up amid volatility
Tata Motors rose 0.54% after the company's British luxury car unit Jaguar Land Rover reported strong growth in retail sales for May 2014.

Bharti Airtel drops after foreign brokerage downgrade
Bharti Airtel lost 2.63% after a foreign brokerage downgraded the stock and reduced its target price citing competition.

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