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.
Markets extended losses on profit taking while lack of buying interest further accentuated the fall
For FY15 company continues to maintain its guidance of doing better than its FY14 performance (15.1% YoY) and NASSCOM guidance of 13-15%
Coal India,TCS, ICICI Bank, Bajaj Auto and Hindalco among the top losers
The stock dipped nearly 4% to Rs 364, extending its Friday's 2% decline on the National Stock Exchange.
Sensex was lower by 110 points at 26,016 mark and the Nifty declined by 31 points at 7,759
The bank fixed July 30, as record date for the purpose of sub division of the equity shares to Rs 2 from Rs 10.
The stock surged 5% to Rs 151, extending its Friday's 9% rally, on reporting 128% yoy jump in profit at Rs 80 crore for the quarter ended June 30, 2014.
Q1 profit at Rs 40 crore against Rs 16 crore in year ago quarter, on higher sales and better margins.
Gross NPA in the quarter rose to 6.15% from 6.03% in the year ago period, but net NPAs declined to 3.62% from 3.85%.
EBDITA margins improved an over 150 points to 10.25% from 8.69%.
Sensex was lower by 21 points at 26,106 mark and the Nifty declined by 7 points at 7,784 levels
Here are a few stocks you would like to keep a tab on for today.
The S&P BSE Sensex slumped over 150 points at 26090 level while the CNX Nifty dipped over 50 points at 7,773 level
Sun Pharma, Ranbaxy, Dr Reddy's Lab, Lupin, Glenmark, Wockhardt and Cadila Healtchare gained 1-8% on BSE.
Investors booked profits at higher levels after gains in the previous eight sessions
Sensex was lower by 254 points at 26,017 mark and the Nifty declined by 80 points at 7,715
The company has received closure notice for Paradeep plant for non-compliance of stipulations
Indiabulls Housing Finance zoomed 6% after company's consolidated net profit jumped 21% at Rs 424 crore
The stock tanked over 10% in two days after the company said that it will lend about $1.25 billion to its parent for two years.
The stock dipped 18% to Rs 147 from its record high of Rs 179 touched before the announcements of June quarter results.