The Top Biz-Buzz, Q1 Profits and Stocks Intraday

Mid-Market Watch on Stocks: Markets move choppy in the mid-session and are trading with marginal gains.

Among the recent report updates of the Corporates include Tata Steel, Adani Green Energy, Cipla, Aurobindo Pharma and Seimens.

Mid Market Stock Watch at 12.00 hours, on Thursday:

Tata Steel Ltd: The Company reported net profit of Rs702-Cr in the Q1 June 2019, slipping 63pc year-on-year. At 12.00 hrs, Tata Steel share price stood at Rs369-per share down by Rs12.85 or 3.36%, on the NSE.

Adani Green Energy: company posted widening of consol net loss to Rs.97-cr in Q1FY20 from Rs.74-cr on account higher finance cost. Shares of Adani Green Energy are currently trading flat on the NSE at Rs.47.30-per share down by 1.05% from previous closing, on the NSE.

Cipla Ltd: The pharma major posted a 5.97% YoY growth in consolidated profit at Rs.478.19-Cr for the quarter ended June 30. Shares of Cipla currently at Rs.495.25 down by 4..45% from previous closing.

Aurobindo Pharma: Stock rises 6.79% at Rs592.35 on reporting 40% rise in June quarter profit.

Siemens Ltd: The stocks jumps 6.73% at Rs1175.55 per share on reporting 21% rise in consolidated net profit.

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