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Shares of Allahabad Bank today tumbled nearly 9 percent after the state-owned company said the Reserve Bank has imposed restrictions on its lending to risky assets and raising high-cost deposits in view of deteriorating financial health.
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Shares of Suven Life Sciences today rose over 4 percent after the company reported 56 percent rise in standalone net profit for the March quarter. The stock gained 4.18 percent to end at Rs 189.45 on BSE. Intra-day, it jumped 7.94 percent to Rs 196.30.
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Shares of Dena Bank today plunged nearly 6 percent after the company reported widening of net loss to Rs 1,225.42 crore in the March quarter. The stock dropped 5.96 percent to end at Rs 17.35 on BSE. Intra-day, it slumped 12.46 percent to Rs 16.15 -- its 52-week low.
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Panel to discuss alternate ways to raise revenues for the sugarcane industry.
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Shares of Sun TV Network jumped 11.5 percent today after the company reported a 22.82 percent increase in net profit for the fourth quarter ended March 31, 2018.
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