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.
Net profit during the quarter was boosted by an exceptional net income of Rs 267.54 crore on account of part sale of land at Kanjur Marg
The stock opened at Rs 143 and hit a low of Rs 142 on the NSE.
Shares of Force Motors gained on media reports that Bayerische Motoren Werke will source auto components from it
The stock opened at Rs 1,555, touched a high of 1,567 and a low of Rs 1,550 on the BSE
SBI, ICICI Bank, Bank of Baroda, Canara Bank, Punjab National Bank, Union Bank, IndusInd Bank and Bank of India lost between 0.5-3.5%.
The Sensex was lower by 40 points at the 28,951 mark while the Nifty slipped 18 points to 8,738
BSE Bankex has slipped by over 1% with Axis Bank, ICICI Bank and SBI plunging between 1-3%
The earnings were lower owing to marketing expenses at home and overseas, and investments in capacity expansion.
Crude oil extended a rally that has pushed up prices 20% in the past four trading sessions following oil's bottom to near six-year lows
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Videocon announces discovery of petroleum by consortium that includes Petrobras, BPCL and Videocon.
Punjab National Bank lost 7% after gross NPAs rose to 5.97% from 4.96% in the same quarter an year ago.
Provisionally, the 30-share Sensex lost 151 points to close at 28,971 and the 50-share Nifty shed 50 points to end at 8,747.
Shanthi Gears has declined over 4% after its net profit fell 18.6% in the quarter ended December, 2014
The 30-share Sensex was down 184 points at 28,938 and the 50-share Nifty was down 59 points at 8,737
Shares of Sesa Sterlite gained over 3% to Rs 205 on the BSE after iron ore prices bounced back.
Bajaj Auto, Axis Bank, Tata Power, HDFC twins, SBI and M&M are the top losers on the BSE and are down between 2-4%.
ICICI Bank, SBI, Bank of Baroda, IndusInd Bank, Bank of India, , Godrej Properties and Oberoi Realty are trading higher upto 2%
It reported 108.8 percent growth and net profit increased to Rs 196.3 crore from Rs 94 crore on year-on-year basis
ONGC and Reliance are trading higher up to 2% in the morning deals on the BSE after crude oil prices edged higher.