{"id":58358,"date":"2018-01-11T12:24:56","date_gmt":"2018-01-11T12:24:56","guid":{"rendered":"http:\/\/www.bnreport.com\/etmarkets-after-hours-q3-numbers-spook-indusind-apollo-micro-ipo-subscribed-over-8-times\/"},"modified":"2018-01-11T12:25:00","modified_gmt":"2018-01-11T12:25:00","slug":"etmarkets-after-hours-q3-numbers-spook-indusind-apollo-micro-ipo-subscribed-over-8-times","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/etmarkets-after-hours-q3-numbers-spook-indusind-apollo-micro-ipo-subscribed-over-8-times\/","title":{"rendered":"ETMarkets After Hours: Q3 numbers spook IndusInd; Apollo Micro IPO subscribed over 8 times"},"content":{"rendered":"<p>After taking a breather for a day, the bulls returned to lift the benchmark indices to new peaks on Thursday. The S&amp;P BSE <a href=\"https:\/\/economictimes.indiatimes.com\/indices\/sensex_30_companies\" rel=\"noreferrer\" target=\"_blank\">Sensex<\/a> settled at a fresh lifetime high of 34,503 on Thursday, with IT major <a href=\"https:\/\/economictimes.indiatimes.com\/infosys-ltd\/stocks\/companyid-10960.cms\" rel=\"noreferrer\" target=\"_blank\">Infosys<\/a> (up 2 per cent) being the top gainer and IndusInd Bank (down 2 per cent) the worst laggard.   <\/p>\n<p>The Nifty50 index of the National Stock Exchange (<a href=\"https:\/\/economictimes.indiatimes.com\/topic\/NSE\" rel=\"noreferrer\" target=\"_blank\">NSE<\/a>) closed above the 10,500 level for the first time, with 24 constituents ending in the green and 26 in the red.   <\/p>\n<p><em>Here&#039;s a look at the top stocks\/sectors that made headlines during the session:<\/em><\/p>\n<p><strong>IndusInd Bank falls post Q3 numbers<\/strong><br \/>The stock ended 2 per cent down at Rs 1,699 even after the bank posted a 25 per cent year-on-year jump in net profit at Rs 936.25 crore for December quarter. The numbers came much in line with a Rs 940 crore profit estimate that analysts had projected at in an ETNow poll. The lender had reported a net profit of Rs 750.64 crore for the same quarter last year.   <\/p>\n<p><strong>Dredging Corp drops 5%<\/strong><br \/><a href=\"https:\/\/economictimes.indiatimes.com\/topic\/Shares\" rel=\"noreferrer\" target=\"_blank\">Shares<\/a> of Dredging Corporation of India dropped over 5 per cent to Rs 826 after ET reported that the government might shelve its plan to sell the state-run company to private players. The ministry is of the view that given the massive projects that the government is undertaking to make inland waterways navigable and build and modernise ports, a private player could provide it more cost-effective dredging solutions than a state-run player, ET reported.   <\/p>\n<figure><img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/01\/Master-18.jpg\" alt=\"Dredging-\" title=\"Dredging-\"\/><\/figure>\n<p><strong>Spurt in open interest<\/strong><br \/>IndusInd Bank witnessed the biggest spike in open interest at 39.77 per cent, followed by <a href=\"https:\/\/economictimes.indiatimes.com\/tata-consultancy-services-ltd\/stocks\/companyid-8345.cms\" rel=\"noreferrer\" target=\"_blank\">TCS<\/a> (27.90 per cent) and Jindal Steel (24.66 per cent).   <\/p>\n<figure><img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/01\/Master-19.jpg\" alt=\"Open-In\" title=\"Open-In\"\/><\/figure>\n<p><strong>Porinju touch lifts Som Distilleries<\/strong><br \/>Shares of Som Distilleries jumped nearly 12 per cent during the session after smallcap czar Porinju V Veliyath of Equity Intelligence India bought 150,000 shares on BSE at Rs 197 apiece in a bulk deal on Wednesday. The stock, however, pared gains to close 5 per cent higher at Rs 247 apiece on BSE.   <\/p>\n<figure><img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/01\/Master-20.jpg\" alt=\"Som-Distell\" title=\"Som-Distell\"\/><\/figure>\n<p><strong>Apollo Micro IPO sees huge demand<\/strong><br \/>The initial public offering (IPO) of Apollo Micro Systems (AMSL) was subscribed 8.85 times till the time of writing of this report. NSE data showed the issue received bids for 3,66,96,000 shares against the issue size of 41,44,955 shares. The IPO is being sold in the Rs 270-275 price band, and will remain open for bidding till Friday.   <\/p>\n<figure><img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/01\/Master-21.jpg\" alt=\"Apollo-IPO\" title=\"Apollo-IPO\"\/><\/figure>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\/\" rel=\"noreferrer\" target=\"_blank\"><\/a><\/strong> <a href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\" rel=\"noreferrer\" target=\"_blank\"><\/a><\/p>\n<p><a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/after-hours-q3-numbers-spook-indusind-apollo-micro-ipo-subscribed-over-8-times\/articleshow\/62459960.cms\" rel=\"noreferrer\" target=\"_blank\">Original Article<\/a><\/p>\n<p>[contf]<br \/>\n[contfnew]<br \/>\n        <img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/01\/60278104.cms_-121.jpg\"\/><\/p>\n<h5><a href=\"https:\/\/economictimes.indiatimes.com\/\" rel=\"noreferrer\" target=\"_blank\">ET Markets<\/a><\/h5>\n<p>[contfnewc]<br \/>\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After taking a breather for a day, the bulls returned to lif..<\/p>\n","protected":false},"author":1,"featured_media":58359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-58358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ETMarkets After Hours: Q3 numbers spook IndusInd; 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