Crest Ventures has acquired 30 Equity Shares of Crest Finserv ('CFL'), subsidiary of the Company, at Rs. 40/- each (FV=Rs.10/- each) aggregating to Rs.1,200/- as the cost of acquisition. Consequent to the said acquisition, Company's stake in CFL has increased from 99.99% to 100% and as a result, CFL has become a Wholly Owned Subsidiary of the Company.

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Net profit of Crest Ventures declined 71.03% to Rs 14.82 crore in the quarter ended September 2018 as against Rs 51.15 crore during the previous quarter ended September 2017. Sales declined 77.22% to Rs 12.81 crore in the quarter ended September 2018 as against Rs 56.24 crore during the previous quarter ended September 2017.

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Net profit of Crest Ventures declined 95.09% to Rs 1.95 crore in the quarter ended September 2018 as against Rs 39.75 crore during the previous quarter ended September 2017. Sales declined 85.53% to Rs 7.32 crore in the quarter ended September 2018 as against Rs 50.59 crore during the previous quarter ended September 2017.

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Nagarjuna Oil Refinery Ltd, Hathway Cable & Datacom Ltd, L T Foods Ltd and IL&FS Investment Managers Ltd are among the other gainers in the BSE's 'B' group today, 26 September 2018.

Crest Ventures Ltd surged 15.07% to Rs 176.8 at 12:02 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 9065 shares were traded on the counter so far as against the average daily volumes of 10985 shares in the past one month.

Nagarjuna Oil Refinery Ltd spiked 13.64% to Rs 1.75. The stock was the second biggest gainer in 'B' group. On the BSE, 3.97 lakh shares were traded on the counter so far as against the average daily volumes of 27273 shares in the past one month.

Hathway Cable & Datacom Ltd soared 9.84% to Rs 24.55. The stock was the third biggest gainer in 'B' group. On the BSE, 2.48 lakh shares were traded on the counter so far as against the average daily volumes of 3.96 lakh shares in the past one month.

L T Foods Ltd added 8.91% to Rs 45.85. The stock was the fourth biggest gainer in 'B' group. On the BSE, 1.27 lakh shares were traded on the counter so far as against the average daily volumes of 1.94 lakh shares in the past one month.

IL&FS Investment Managers Ltd gained 8.31% to Rs 8.08. The stock was the fifth biggest gainer in 'B' group. On the BSE, 7.39 lakh shares were traded on the counter so far as against the average daily volumes of 3.38 lakh shares in the past one month.

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