Following stocks reacted negatively based on their recent result updates: Eicher Motors, UPL, Container Corp and Ashok Leyland.
Eicher Motors Ltd: The auto company’s first quarter end June (Q1) net profit reportedly declined 21.59pc to Rs451.77-Cr on 5.56pc decline in total income to Rs2523.17-Cr, Y-o-Y The result was repo0rted post market hours Wednesday, 31-July
During mid-morning at around 11am, the shares of Eicher Motors stood at Rs.16,304.35 down by 0.26pc from its previous closing price of Rs16,348.05 on the NSE.
UPL Ltd: The Company reported its consolidated net profit declined 65.1pc to Rs178-Cr on 86.63pc rise in total income to Rs7945-Cr for the Q1 June 2019, Y-o-Y.
Shares of UPL currently at Rs.580 down by 2.56pc from its previous closing price of Rs595.25 on the NSE.
Container Corporation of India Ltd: The company reported, its consolidated net profit slipped 5.72pcto Rs244.01-Cr on 3.93pc rise in total income to Rs.1722.79-Cr in Q1 June 2019 , YoY
The share price of Container Corporation is currently at Rs510-per share, down by 0.35pc from its previous closing of Rs511.80 on the NSE.
Ashok Leyland Ltd: The Auto company’s consolidated net profit went down by 44.24pc to Rs247.21-Cr on 8.53pc decline in total income to Rs6613.52-Cr in Q1 quarter, YoY.
Shares of Ashok leyland currently at Rs69.45 slightly down by 0.57pc on the NSE.