Asian Paints, Ashok Leyland, Wockhardt: India Stocks Preview
The following companies may have unusual price changes in India trading. Stock symbols are in parentheses and share prices are as of the last close.
The Bombay Stock Exchange Sensitive Index, or Sensex, rose 68.40, or 0.4 percent, to 18,090.62. The S&P CNX Nifty Index on the National Stock Exchange added 0.3 percent to 5,432. The BSE 200 Index climbed 0.3 percent to 2,238.01.
Asian Paints Ltd. (APNT IN): Egyptian unit SCIB Chemicals SAE shut operations at its two plants from Jan. 29, according to a statement on the Bombay Stock Exchange. The shares slid 0.1 percent to 2,485.45 rupees.
Ashok Leyland Ltd. (AL IN): India’s second-biggest truckmaker sold 7,711 vehicles in January, according to an e- mailed statement. The shares slid less than 0.1 percent to 55.95 rupees.
Greaves Cotton Ltd. (GRV IN): The Indian maker of engines and power generators signed an agreement with Mahindra & Mahindra Ltd. (MM IN) to supply single-cylinder engines for the automaker’s three-wheelers for five years, according to a statement on the Bombay Stock Exchange. The shares fell 0.8 percent to 91.3 rupees.
Wockhardt Ltd. (WPL IN): The Indian drugmaker reported third-quarter profit of 1.42 billion rupees ($31 million) compared to a loss of 1.81 billion rupees a year ago. The shares added 3.7 percent to 380.25 rupees.
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