DSIJ Mindshare

The company's Q4FY19 PAT was down 12.5 per cent at Rs. 92.8 crore as against Rs. 106 crore in Q4FY18. Reacting to this, the stock dipped more than 7 per cent during intraday trade on Thursday.

The stocks that are likely to witness significant movement on the bourses on May 3 are MRF, SML Isuzu, Hero MotoCorp, Kansai Nerolac Paints, Deepak Nitrite and Havells.

The company declared financial performance for the quarter ended March 2019 and the company's board has recommended a dividend of Rs. 1.50 per share.

Bharat Heavy Electricals Limited (BHEL) has been successful in commissioning the first two pumping units (116 MW each) of the 7x116 MW Kaleshwaram Lift Irrigation Scheme (LIS) Package-6 in Telangana. The pump for each unit is designed to lift 89.16 cumecs (cubic metres per second) of water by 105.5 metres.

Capacit’e Infraprojects Limited has bagged a contract worth Rs. 229 crore from Raymond Limited (Realty Division). The scope of work includes civil and shell works for Aspirational Towers A, B, C and MLCP Building at Raymond Limited, Thane.