Stock Market Activity Today by CapitalHeight.


   The Majesco Company has reported strong numbers for the quarter ended June 2018.The Company’s Q1FY19 consolidated net profit rose 47.5 percent at Rs 14.9 crore against Rs 10.1 crore Q4FY18.The company had reported net loss of Rs 5.0 crore in Q1FY18.Revenue was up 6.1 percent at Rs 229.4 crore against Rs 216.7 crore. Operating profit or EBITDA was up 17 percent at Rs 18 crore and margin was at 7.85 percent.
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    The International Paper APPM company has reported a whopping 88.1 percent year-on-year increase in profit to Rs 45 crore in Q1 on strong operational performance. Revenue grew by 9.36 percent to Rs 340 crore compared to Rs 311 crore in same period last year.shot up 52 percent year-on-year to Rs 88.2 crore and margin expanded 720 basis points to 25.9 percent in June quarter.

     Sequent Scientific share price rallied 20 percent after its subsidiary's facility received good manufacturing practice (CMP) certificate from the European health regulator. The pharma company informed exchanges that subsidiary Alivira Animal Health has received European Union (EU) GMP approval from Bulgarian authority's for its manufacturing unit in. Ankara facility has a wide range of manufacturing capabilities with 8 GMP-certified manufacturing lines, which include beta lactam, non-beta lactam, terminal sterilization, mastitis, powder beta lactam, aerosol, pesticides, and solid lines for various forms such as injectable, intramammaries, intrauterine, topicl aerosols, and oral liquid and solid forms.
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