The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
Provisionally, the 30-share Sensex ended down 287 points at 28,757 and the 50-share Nifty closed down 100 points at 8,736
Consolidated net profit for the quarter ended December 2014 jumped 87% to Rs 171 crore
Sun Pharmaceuticals promoter Dilip Shanghvi and family acquired 23% stake in Suzlon
The stock rallied 7% to Rs 514 on NSE.
Bharti Airtel, HUL, Tata Motors, Hindalco and Tata Steel are the top gainers
The stock dipped 3% at Rs 912 after reporting 7% yoy fall in its consolidated net profit at Rs 1,425 crore in December quarter.
Analyst at JP Morgan upgrades the stock with overweight rating with target price of Rs 140.
The 30-share Sensex was up 211 points at 29,307 and the 50-share Nifty was up 59 points at 8,864
Markets are likely to open higher on Monday with HDFC Bank and ONGC in focus post their third quarter earnings
Provisionally, the Sensex gained 260 points to end at 29,065 mark and the Nifty surged 82 points to close at 8,794 levels.
The company sold 5.67 crore equity shares in Max Healthcare Institute Ltd for a consideration of Rs 383.17 crore
The 30-share Sensex was up 214 points at 29,019 and the 50-share Nifty was up 68 points at 8,780
It posted a three-fold increase in the net profit of 4.85 crore during this quarter on the back of slash in diesel price
Sun Pharma, Lupin, Glenmark Pharma, Cadila Healthcare, Cipla, Divi's Lab and Ranbaxy are up 1-3% on NSE.
Gross NPA stood at 4.90% as on December 2014 compared to 4.89% in September 2014 and 5.73% in December 2013.
The Sensex is higher by 170 points at 28,973 mark and the Nifty has gained by 55 points at 8,767 levels
The stock hit a record high of Rs 3,947 after reporting net profit of Rs 36.86 crore in December quarter against Rs 11 crore in a year ago quarter.
It posted a 59% rise in its third-quarter net loss at Rs 275 crore on lower passenger numbers and a one-time cost of Rs 295 crore
The Sensex was higher by 96 points at 28,902 mark and the Nifty gained by 40 points at 8,751
The stock dipped 3% at Rs 260 after reporting a sharp 69% yoy decline in net profit at Rs 213 crore in December quarter.