Explained 5 stock movements today

Last Updated: Thursday, November 8, 2012 - 22:02

Rohit Joshi/ZRG

OnMobile Global slided after posting poor results: Stock slipped 4.7 percent after net profit declined by 87 percent to Rs 6.2 crore on yearly basis.

IPCA Labs tanked on quality issues at Indore unit: Scrip lost 6.3 percent after few non-conformances at USFDA approved Indore unit were found.

Emami shined on good results: Share soared 4.7 percent after profitability increased by 17 percent to Rs 59 crore on yearly basis.

United Spirits edged higher on stake sale buzz: Counter gained 3.37 percent after stake sale buzz to Diageo got louder.

Cipla edged lower after cutting prices of drugs : Stock lost 0.74 percent after company announced to cut price of three more cancer drugs by 50 - 63 percent.

First Published: Thursday, November 8, 2012 - 22:02

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