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.
The company will seek shareholders' approval to raise Rs 7,500 crore through a rights issue.
The stock is trading 3% lower at Rs 129, bouncing back 21% from intra-day low of Rs 107 on BSE.
The stock surged 14% to Rs 2,720, hit a record high of Rs 2,749 on BSE in intra-day trade.
The BSE Consumer Durables Index is the top gainer among the sectoral indices up 3.4% at 10,658
The stock has dipped 8% to Rs 177 on the BSE after the company said Morgan Stanley 38,392 shares through market sale.
Markets are likely to remain volatile in late trades ahead of the expiry of January F&O expiry tomorrow
The stock up 2% at Rs 335, is 5% away from its record high of Rs 352 touched on November 8, 2010 during intra-day deal on BSE.
Analyst at Karvy Stock Broking reiterate "BUY" rating on the stock with a target price of Rs 4,300 per share.
The 30-share Sensex was up 99 points at 29,670 and the 50-share Nifty was up 40 points at 8,950.
The stock hit a 52-week high of Rs 288 after reporting 27% yoy growth in net profit at Rs 47 crore in December quarter.
Maruti Suzuki, TCS, Sun Pharma, Hero Motocorp and Coal India are the top gainers
The stock rallied 10% to Rs 83 after reporting 55% year on year growth in net profit at Rs 42 crore in December quarter.
The stock dipped 5% to Rs 850 after reporting 7.3% year on year growth in net profit at Rs 102 crore in December.
The 330-share Sensex and the 50-share Nifty were flat at the mark of 29,570 and 8,913 respectively
Revenue from jewellery business grew 11% to Rs 2,347 crore in the December quarter
The early indicator SGX Nifty was down 18 points at 8,900
Provisionally, the 30-share Sensex closed up 273 points at 29,552 and the 50-share Nifty ended up 68 points at 8,904
The stock hit a new high of Rs 3,704 on BSE.
At 1435 hours, Bank Nifty surged 325 points or 1.6% at 20,398 as compared to 0.46% rise in CNX Nifty.
The stock hit a new high of Rs 222 on BSE after reporting an over three-fold jump in net profit at Rs 15 crore in December quarter.