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.
ONGC, Oil India, HPCL, BPCL, Indian Oil and Reliance Industries are down between 3-7% on the BSE.
The markets are likely to open in green tracking positive global cues.
The company will issue 9 compulsorily convertible debenture for every 40 equity shares to raise up to Rs 1,000 crore via rights issue.
Broader markets outperformed benchmark indices as BSE Mid-cap and Small-cap indices gained over 0.50
So far in 2014, the stock has surged 144% to Rs 227 from Rs 93, compared to 20% rise S&P BSE Sensex.
Sun Pharma, Strides Arcolab, Wockhdart, Ranbaxy and Dr Reddy's Lab are trading higher by up to 4% on the BSE.
Markets trimmed most of the losses and were trading flat helped by gains in SBI
The broader markets outshined their Largecap counterparts. BSE Mid-cap and BSE Small-cap appreciated 0.5% each.
The stock has moved higher by 6% to Rs 639 on the Bombay Stock Exchange.
Bharti Airtel and Idea Cellular are down 2% each on the Bombay Stock Exchange.
However, Coal India, Baja Auto and GAIL gain 1-2.5%
In past one month, the stock rallied 60% from Rs 78 after reported a strong 38% yoy jumped in consolidated net profit at Rs 42 crore for the year ended March 2014.
The stock opened at Rs 2,224 and touched high of Rs 2,295, also its record high on BSE
At 0917 hours, 1.7 million equity shares of Godrej Properties have changed hands at Rs 241 a share on the BSE.
The stock was down nearly 3% to Rs 1,124 on the National Stock Exchange.
Here are a few stocks that you need to keep a tab on today
ITC, HDFC, RIL, ICICI Bank, L&T, TCS and SBI were the major gainers
Ahluwalia Contracts rose 5.6% after the firm decides to issue additional shares to the promoters
Select index heavyweights and financials rebounded after the recent correction in the previous few sessions
The stock has surged 6% to Rs 321 on BSE on back of heavy volumes.