Stock-specific action remained in focus on Dalal Street on October 15, with investors reacting to corporate developments and quarterly earnings.
Aeroflex Industries share price shed 5 percent after the company announced a capacity expansion programme involving a capital expenditure outlay of Rs 202 crore. The investment will expand manufacturing capabilities across stainless steel hoses and braiding, assemblies, and liquid cooling skid assemblies.
Mangalore Refinery and Petrochemicals share price fell nearly 6 percent despite company reported a 203 percent year-on-year surge in Q2 consolidated profit to Rs 1,900.8 crore, while revenue excluding excise duty jumped 43.6 percent to Rs 32,516.2 crore.
Cemindia Projects share price gained 3 percent after the company opened its qualified institutions placement issue on October 14, with the floor price set at Rs 1,158.58 per share. The company may offer a discount of up to 5 percent on the floor price.
NIIT share price gained 4 percent after the company appointed Anish Sarkar as Chief Executive Officer, effective October 14. He succeeds Pankaj Jathar, who stepped down from the role for personal reasons and plans to move back to Bengaluru after spending two years in Gurgaon.