Rain Industries' step down wholly owned subsidiary, Rain Carbon Inc. announced that it has revised its reporting segments to include Carbon and Advanced Materials, effective 01 January 2018. The shift from Chemicals to Advanced Materials reflects the company'sincreasing focus on transforming by-products of its coal tar and petrochemical feedstock distillation activities to produce raw materials that support high-growth products of the future.

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Net loss of Rain Industries reported to Rs 0.53 crore in the quarter ended March 2018 as against net profit of Rs 0.65 crore during the previous quarter ended March 2017. Sales rose 23.84% to Rs 33.04 crore in the quarter ended March 2018 as against Rs 26.68 crore during the previous quarter ended March 2017.

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Net profit of Rain Industries rose 310.81% to Rs 265.71 crore in the quarter ended March 2018 as against Rs 64.68 crore during the previous quarter ended March 2017. Sales rose 33.96% to Rs 3306.20 crore in the quarter ended March 2018 as against Rs 2468.00 crore during the previous quarter ended March 2017.

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Idea Cellular Ltd, Bharti Airtel Ltd, Indiabulls Ventures Ltd and Chambal Fertilisers & Chemicals Ltd are among the other losers in the BSE's 'A' group today, 11 May 2018.

Rain Industries Ltd lost 14.45% to Rs 280.3 at 14:54 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 18.11 lakh shares were traded on the counter so far as against the average daily volumes of 3.88 lakh shares in the past one month.

Idea Cellular Ltd tumbled 10.88% to Rs 52. The stock was the second biggest loser in 'A' group.On the BSE, 53.44 lakh shares were traded on the counter so far as against the average daily volumes of 37.9 lakh shares in the past one month.

Bharti Airtel Ltd crashed 6.43% to Rs 385.75. The stock was the third biggest loser in 'A' group.On the BSE, 7.58 lakh shares were traded on the counter so far as against the average daily volumes of 3.43 lakh shares in the past one month.

Indiabulls Ventures Ltd dropped 5.91% to Rs 487. The stock was the fourth biggest loser in 'A' group.On the BSE, 3.6 lakh shares were traded on the counter so far as against the average daily volumes of 11.37 lakh shares in the past one month.

Chambal Fertilisers & Chemicals Ltd pared 5.48% to Rs 172.4. The stock was the fifth biggest loser in 'A' group.On the BSE, 1 lakh shares were traded on the counter so far as against the average daily volumes of 2.43 lakh shares in the past one month.

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