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Thursday, July 17, 2014

Crompton Greaves gains over 10% on demerger plan of consumer products biz
Crompton Greaves has surged 12% after the company’s board proposed to demerge its consumer products business unit into a separate listed company.

Mindtree Q1 PAT at Rs129 crore

Mindtree Ltd has posted results for the first quarter ended 30th June, 2014.The net profit for the quarter stood at Rs129 crore. The net sales for the quarter stood at Rs843.5 crores.

Hindalco Industries hits 52-week high
Hindalco Industries rose 2.42% with the stock extending Wednesday's gains triggered by a foreign brokerage upgrading the stock to buy from underperform.

Bajaj Auto Q1 net at Rs 740cr, operating profit margin weak

Bajaj Auto disappointed with the first quarter (April-June) results, net profit rising marginally to Rs 740 crore compared to Rs 737.7 crore in same quarter last year, dented by weak operational performance and higher depreciation charge.

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