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The key benchmark index S&P BSE Sensex soared 479.28 points, or 1.77 per cent, and closed the day at 27,490.59 on Monday. On similar lines, the National Stock Exchange (NSE) index Nifty regained the 8,200-mark by gaining 150.45 points, or 1.84 per cent, at 8,331.95.
Here are five stocks which stayed in limelight today.
Bajaj Auto: The share price of Bajaj Auto jumped 7.40 per cent to Rs 2,093 on Monday after it reported highest ever sales for any April month in commercial vehicles segment. The company reported 58 per cent increase in sales of commercial vehicles in April at 50,483 units as against 31,893 units in the same month a year ago. For the month ended April 2015, the company reported total sales figures of 3,36,274 units, up 1 per cent, against 3,31,529 units in the same month a year ago.
Shriram Transport Finance: The share price of Shriram Transport Finance slid around 15 per cent to Rs 828.20 after registering 73 per cent fall in consolidated net profit for the quarter ended March 2015. Post the quarterly numbers, Credit Suisse and Religare Securities cut the target price to Rs 1,000 a share and Rs 1,250 a share from Rs 1,400 and Rs 1,500, respectively. For the quarter ended March 2015, the company registered consolidated net profit of Rs 84.23 crore against Rs 314.89 crore in the corresponding quarter a year ago.
Aditya Birla Nuvo and Pantaloons Fashion & Retail: The Aditya Birla Group made an announcement that it will consolidate all its branded apparel businesses into Pantaloons Fashion and Retail. Post announcement, the share price of Pantaloons Fashion and Retail gained 20 per cent to Rs 136.60 and hits the upper circuit in the early trading session. Share price of Aditya Birla Nuvo surged 12.59 per cent to Rs 1,768.
Future Retail: Future Group announced a likely merger between Future Retail and Bharti Retail. The decision was made public through a notification to the stock exchanges by Future Retail on Monday. After the announcement, the share price of Future Retail gained 12.06 per cent to Rs 129.65.
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