 "SI Reporter")
SI Reporter
SI Reporter
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.
Page 1116 - Si Reporter
Markets gain momentum; Sensex up over 50 points
Sensex is up 72 points at 26,219 and Nifty is up 18 points at 7,813 levels
 "Markets gain momentum; Sensex up over 50 points")
Mastek dips post June quarter earnings
The stock dipped 7% to Rs 187 on NSE after reporting a consolidated net profit of Rs 9 lakh in June quarter against Rs 11 crore in March quarter.
Liberty Shoes dips on weak Q1 numbers
Liberty Shoes lost 6% to Rs 301 on the BSE after the company's net profit surged 1% to Rs 3 crore
Metal shares gain as China PMI at 18-month high
Tata Steel, Hindalco, Sesa Sterlite, Jindal Steel, JSW Steel and SAIL 1-4% on the Bombay Stock Exchange.
Tata Metaliks zooms 90%; Tata Sponge over 50% in 9-days
Tata Sponge Iron surged 11% to Rs 935, also its record high, while Tata Metaliks rallied 10% to Rs 132 on BSE today.
 "Tata Metaliks zooms 90%; Tata Sponge over 50% in 9-days")
Markets rangebound; Metal stocks gain; GAIL dips 2%
Sensex is down 22 points at 26,125 and Nifty is down 6 points at 7,789
 "Markets rangebound; Metal stocks gain; GAIL dips 2%")
Insurance stocks gain as Cabinet approves 49% FDI in insurance
Max India, Reliance Capital and Bajaj Finserv were up 3-5% on the Bombay Stock Exchange.
Markets flat; Cairn India down 5%
IT, FMCG and Health Care scrips among the top gainers
Cairn India declines 5% post Q1 results
EBITDA or operating profit margin declined to 70% from 75%.
 "Cairn India declines 5% post Q1 results")
TVS Motor hits record high ahead of Q1 earnings
Analysts expect improvement in margin on higher operating leverage, exports and a better product mix.
 "TVS Motor hits record high ahead of Q1 earnings")
Ipca Lab dips on FDA observations on Ratlam plant
The company stopped shipments from the company's APls manufacturing facility at Ratlam, MP for the US markets.
 "Ipca Lab dips on FDA observations on Ratlam plant")
Panacea Biotech surges on fund raising plans
The stock surged 15% to Rs 186 on NSE after the company announced fund raising plans of upto Rs 250 crore.
Pre-market: Markets likely to edge higher on earnings
The markets are likely to open marginally in green tracking positive earnings data.
 "Pre-market: Markets likely to edge higher on earnings")
Atul Limited soars over 10% on robust Q1 earnings
Q1 net profit up 48% at Rs 59.78 crore against Rs 40.45 crore in the corresponding quarter previous year.
Sensex up 100 points; Infy, TCS up 2%
Sesnex is up 93 points at 26,119 and Nifty is up 18 points at 7,786 levels
 "Sensex up 100 points; Infy, TCS up 2%")
Jet Airways gains on debt restructuring plans
The airline gains 3% to Rs 264 after Jet Chairman Naresh Goyal said the airline will return to profitability by 2017
 "Jet Airways gains on debt restructuring plans")
Polaris Financial dips on disappointing numbers
Stock slipped a little over 5% to Rs 219 on BSE
 "Polaris Financial dips on disappointing numbers")
ING Vysya Bank slips on decline in Q1 numbers
ING Vysya Bank shed 4% to Rs 594 on the BSE after the company's net profit dipped 18% to Rs 143 crore
Markets trim gains; Nifty below 7,800
Markets trimmed gains as investors booked profits at higher levels
 "Markets trim gains; Nifty below 7,800")
KPIT Technologies dips on weak Q1 results
KPIT Technologies plunged 7% to Rs 162 on the BSE after consolidated net profit dropped 17% to Rs 51 crore