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.
The stock opened at Rs 1,005 and touched a record high of Rs 1,020 on the NSE
As a part of this consolidation, city gas distribution companies GSPC Distribution Networks, GSPC Gas, Gujarat Gas Financial Services and Gujarat Gas Trading Company will be amalgamated.
Kinetic Engg sells entire stake in MTWL for a consideration of Rs 182 crore
IT and banking and financial services stocks lead the gains on benchmarks. Infosys, ICICI Bank, TCS, HDFC Bank and HDFC are the top Sensex gainers at this hour.
The board of Tilaknagar Industries had granted in-principle approval for the acquisition of the complete IMFL business of IFB Agro.
Markets are likely to extend gains on Tuesday tracking firm cues from Asia and robust overnight gains in US stocks.
Markets ended near one-month highs to end near one-month closing highs led by capital goods shares
The company said the bonus shares will be credited/ dispatched on or before April 10, 2014.
Financial and capital goods shares along with select power stocks contributed most of the gains
The stock has zoomed nearly 85% from Rs 370 on January 24, as compared to 2% fall in S&P BSE Sensex.
L&T, BHEL, Crompton Greaves, Thermax, SKF India and Fag Bearings are up 2-5% on the BSE.
The stock has rallied 6% to Rs 692 on reporting 50% yoy growth in net profit at Rs 48 crore for December quarter.
Sensex up 54 points at 20,754 and the Nifty added 13 points to trade at 6,168
Pfizer East India B.V. Netherlands proposed to acquire 60.94% stake from Pfizer Corporation and Pfizer Investments Netherlands B V.
The stock has plunged 11% to Rs 117, its lowest level since October 2008, in intra-day trades on the BSE.
Benchmark indices turned green as gains in L&T, ITC, and Axis Bank pared a sharp decline of 10% in NTPC.
Expansion plan was to be executed for an estimated cost of Rs 1,097 crore.
The company will buy-back its equity shares for an aggregate amount not exceeding Rs 135 crore at a price not exceeding Rs 90 per equity share.
The stock has plunged 10% after the IDBI rejected the bids received from the potential investors as they were not found 'acceptable'.
Capital Goods stocks are in focus as investors look for value-buys in these weak sectors in the run-up to the elections