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Benchmark indices extended opening gains, with the Sensex rising 146.50 points to 34,809.61 and the Nifty gaining 41.50 points at 10,555.40.
About two shares advanced for every share rising on the BSE.
TCS became the most valued listed company in India, crossing the market cap of Rs 7 lakh crore. Shares of Granules India touched new 52-week low of Rs 77.85, down 6.3 percent on the back of weak fourth quarter numbers.
On Thursday, the company has reported 55 percent fall in its Q4FY18 consolidated net profit at Rs 20.4 crore on the back of weak operational performance.
The company had reported net profit of Rs 45.7 crore in the same quarter last fiscal.
Meanwhile, revenue of the company was up 39 percent at Rs 503.8 crore versus Rs 362 crore. Operating profit or EBITDA was down at Rs 43.6 crore and margin was down at 8.7 percent.
Inventory cost has increased to Rs 28 crore.
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