Four stocks that made news today

The key benchmark index S&P BSE Sensex declined marginally 0.18 per cent, or 50.45 points, and closed the day at 27,440.14. During the day, the index touched a high of 27,603.71 and low of 27,338.23. According to market experts, due to prevailing uncertainty, participants preferred to book profit after the rally on Monday, which capped the upside in index.

The CNX Nifty index on the National Stock Exchange also lost 0.09 per cent, or 7.15 points, and ended the day at 8,324.80.

Here are four stocks which stayed in limelight today.

SKS Microfinance: The share price of the company jumped around 7 per cent in the early trading session on Tuesday after the company came up with an over 49 per cent rise in net profit for the quarter ended March. During the day, it touched intraday high of Rs 496.75 and low of Rs 474. However, it ended the day at Rs 481.60, up 3.88 per cent, against Rs 463.60 on May 4.

Kotak Mahindra Bank: Share price of the bank surged over 6.5 per cent to Rs 1,423.65 after the announcement of its fourth quarterly result on Tuesday. For the quarter ended March 2015, the bank posted consolidated profit after tax of Rs 929.35 crore, up 37.42 per cent, against Rs 676.30 crore in the corresponding quarter a year ago. Total Income has increased from Rs 4,782.17 to Rs 6,172.26 during the same quarters.

Pantaloons Fashion & Retail: The Aditya Birla Group made an announcement on Monday that it will consolidate all its branded apparel businesses into Pantaloons Fashion and Retail. As a result, the share price of the company surged 44 per cent in the past two trading session. On Tuesday, it gained 20 per cent to Rs 163.90 and hits the upper circuit in the second half of trading session.

Rain Industries: The share price of the company jumped around 5 per cent to Rs 46.80 after the announcement of quarterly numbers on Tuesday. For the quarter ended March 2015, the company registered profit after tax of Rs 86.20 crore, up 66.96 per cent, against Rs 51.63 crore in the corresponding quarter a year ago.