more-inShares of state-owned New India Assurancewent up as much as 3 % to touch an early high of ₹703 as the company posted robust September quarter earnings. The stock opened on a bullish note at ₹688 and jumped 3.11 % to touch an intra-day high of ₹ 703 on the BSE. On the NSE, the stock opened at ₹ 692 and jumped 3.09 % to touch an early high of ₹ 703.85. The companyon Wednesday reported that its net profit for the September quarter stood at ₹ 748.27 crore. We’ve been increasing business without adding to the cost,” New India Assurance Chairman G Srinivasan said.

Source: The Hindu November 16, 2017 06:56 UTC