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.
Bank of Baroda, Punjab National Bank, Canara Bank, Bank of India, HDFC Bank and SBI have recovered more than 2%
ICICI Bank, HDFC among top Sensex losers
The stock hit a record high of Rs 295, surged 15% in intra-day trade on National Stock Exchange.
The stock dipped 5% to Rs 172 after reporting a 30% yoy decline in net profit at Rs 157 crore for the quarter ended June 30, 2014.
The board approved a capex plan of Rs 113 crore and also approved an interim dividend at the rate of 50% amounting to Rs 5 per share.
Markets are likely to open flat with a positive bias on caution ahead of the RBI monetary policy
Infosys, L&T, Tata Steel, SBI, Coal India among the top gainers
The company's standalone Q1 net profit was up 102% at Rs 25 crore compared to same quarter last fiscal
Markets continued to trade firm led by IT shares amid upbeat US economic data
The board will meet on August 09, to consider issue of bonus shares and sub-division of the face value of the equity shares of the company.
The board decided to issue 502,468 equity shares at a price of Rs 1,100 on preferential basis to WestBridge Crossover Fund, LLC.
Q1 net profit jumped to Rs 80 crore against Rs 23 crore in the corresponding quarter of previous fiscal
Rate sensitives gain ahead of RBI's policy review tomorrow
Infosys, HCL Technologies, TCS, Wipro, Tech Mahindra and Persistent Systems are up between 1-2% on BSE.
The stock had outperformed the market, gained 61% since March 31, 2014 compared to 14% rise in benchmark CNX Nifty till yesterday
Sensex is up 188 points at 25,670 and the Nifty has climbed 64 points to trade at 7,667.
The stock touched high of Rs 164, its highest level since February 2008 on National Stock Exchange.
The stock has more-than-double from Rs 520 on March 31 2014, compared to 15% rise in benchmark CNX Nifty.
The stock surged 5% to Rs 160 after reporting 32% growth in vehicle sales at 203,902 units in July 2014, driven by scooters, which rose by 64%.
Prakash Industries plunged 18% to Rs 91.50, while Bhushan Steel down 6% to Rs 370, also its 52-week low on NSE.