Friday 22 May 2015

Sensex, Nifty maintain gain; Punj Llyod soars 16% on Q4 nos

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The market maintains its uptrend amidst announcement of corporate earnings of few companies. The Sensex is up 145.71 points at 27955.06 and the Nifty is up 39.25 points at 8460.25. About 1209 shares have advanced, 1336 shares declined, and 165 shares are unchanged.

Sun Pharma, TCS, HDFC, ONGC and L&T are top gainers in the Sensex. Among the losers are Bajaj Auto, Wipro, Vedanta, Hero MotoCorp and Hindalco.

However, surprise in the pack is Punj Llyod as it is 16 percent. Its Q4 net profit soared to Rs 268 crore compared to Rs 5 Lakh but total income fell to Rs 1,290 crore from Rs 2,037 crore on a yearly basis. Its other income grew to Rs 570 crore to Rs 11 crore (Y-o-Y).

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