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.
Johnson Controls, Inc have made an open offer to acquire 25.75% stake in Hitachi Home at Rs 821.38 per share.
The stock rallied 8% to Rs 75 on BSE after reporting 43% yoy growth in consolidated net profit at Rs 83 crore in December quarter.
The stock surged 9% to Rs 494, extending its Friday's 8% rally on BSE.
The 30-share Sensex was up 88 points at 29,366 and the 50-share Nifty was at 8,850 trading lower by 14 points
Macquarie upgrade the stock to Outperform, raising target price to Rs 104.
The stock dipped 6% to Rs 236 on BSE after reporting a lower than expected net profit of Rs 302 crore in December quarter.
Axis Bank, ICICI Bank, Tata Motors, Cipla and Maruti Suzuki are the top gainers
The 30-share Sensex was up 117 points at 29,396 and the 50-share Nifty was up 18 points at 8,854.
The board of directors of the company will meet on Feb 09, to form a division for foraying into Gold Finance Business.
The 30-share Sensex was up 95 points at 29,374 and the 50-share Nifty was up 9 points at 8,844.
The US Federal Reserve will meet for its two-day policy meet, the first in 2015, on Tuesday.
Indian equity, forex, money and commodity markets will remain closed today
he 30-share Sensex provisionally ended at 29,262.63 up 256.61 points and the 50-share Nifty gained 60.15 points at 8,821.55.
The company reported net profit Rs 3.04 crore in December quarter against Rs 1.43 crore in a year ago quarter.
The 30-share Sensex is up 213 points at 29,219 and the 50-share Nifty has gained 52 points at 8,813
Adani Power soared 7% to Rs 50.65, while Adani Port and SEZ gained 5% to Rs 346 on BSE.
The stock hit a record high of Rs 3,518 on BSE.
The stock dipped 9% to Rs 45 after reporting net loss of Rs 51 crore in December quarter against Rs 44 crore in a year ago quarter.
Bharti Airtel, M&M, HDFC Bank, Tata Motors and L&T are the top gainers
FIIs acquired 886,270 shares representing 3.26% stake in Shemaroo Entertainment in past two trading sessions.