DSIJ Mindshare

Spencer’s Retail, a chain of retail stores headquartered in Kolkata (West Bengal) jumped more than 19 per cent on Tuesday after the company informed that veteran Mumbai businessman and founder of Avenue Supermarts Ltd, Radhakishan Damani picked up over 2 per cent stake in the company during December quarter.

The shares of Apollo Tricoat Tubes Limited jumped more than five per cent to record a new 52-week high on Tuesday, after the company reported 86 per cent QoQ rise in the net profit at Rs 17.5 crore for December quarter of the current fiscal year-Q3FY20.

The shares of Prestige Estate Projects Limited moved up by almost 10 per cent on Monday, after the company’s wholly-owned subsidiary, Prestige Falcon Realty Ventures Private Limited (PFRVPL), acquired 50 per cent stake in Lokhandwala DB Realty LLP.

The shares of Lupin Limited, a multinational pharmaceutical company based in Mumbai (Maharashtra), went down by around four per cent on Monday.

HDFC Bank reported a 32.8 per cent YoY rise in the net profit to Rs 7,416.50 crore for the third quarter ended December 31, 2019, driven by interest and non-interest income.