Stocks

In a regulatory filing post-market hours on Thursday, Axis Bank said its net profit came in at Rs4,677 crore for the year ended March 31,as against Rs. 276 crore in FY18.

Jet Airways shares plunged for third day in a row to the lowest level in 10 years after it temporarily halted operations on Wednesday as it failed to secure emergency funding from the lenders.

Reliance share price rose as much as 2.87 per cent to hit intraday high of Rs 1,383.95 ahead of its March quarter and financial year 2018-19 earnings

Ford and affiliate companies will invest Rs 680 crore($97.97 million) for the development of the vehicles over a period of 10 years.

Polycab India's share price: The Mumbai-based Polycab India is engaged in the business of manufacturing and selling of wires, cables and other electrical goods.

Top laggards on the 50-scrip index were Bharti Airtel, Indian Oil, Indiabulls Housing Finance, Larsen & Tourbo and Tata Motors, trading between 1.26 and 1.62 per cent lower.

Rail Vikas Nigam shares made a tepid market debut on the BSE and National Stock Exchange. The stock opened flat on the National Stock Exchange and rose as much as 4.21 per cent to Rs 19.80.

Wockhardt's Decitabine Injection is a generic version of Dacogen, marketed in USA and other countries by Otsuka.

Praj share price: Praj will provide engineering, procurement and construction (EPC) services to third parties. Praj Industries also signed a memorandum of understanding (MOU) with Gevo Inc. to commercialize Gevo's renewable hydrocarbons products.

Lakshmi Vilas Bank shares surged by its daily maximum limit of 5 per cent, for a third day in a row, to Rs 97.35 after board of directors of the bank approved merger deal with Indiabulls Housing Finance,

L&T offered to buy over 5.13 crore shares or 31 per cent of Mindtree's equity stake for Rs 5,030 crore at Rs 980 per share of Rs 10 face value.

Jet Airways share price surged for second day in a row, rising as much as 8.80 per cent to Rs 276.90 on the BSE. In yesterday's session Jet Airways share price rose 13 per cent.

Naresh Goyal and his wife Anita Goyal are expected to leave the board of the cash strapped airline they founded 25 years ago.

Jet Airways pilots union has also said that it seeks a proper roadmap from the airline by March 31 on paying their overdue salaries.

Anil Ambani's Reliance Group companies surged after Reliance Communications repaid dues to Swedish telecom giant Ericsson a day before a Supreme Court deadline.