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.
Broader markets outperform with the mid and smallcap indices gaining 0.3-0.4%
The SGX Nifty is currently quoting at 6,102.50 up 6 points indicating a lackluster start
Markets ended lower after further tapering by the US Fed led to a sell-off in emerging markets
The stock was up 8% at Rs 107 on reporting more than 100% yoy growth in operating profit at Rs 74 crore for Q3FY14.
Weak trend continues amid weak global cues, after the US Fed further trimmed its monetary stimulus measures
The stock has dipped 10% to Rs 187 on reporting 27% yoy decline in net profit at Rs 586 crore for Q3FY14.
the Sensex was down 230.20 points at 20,417.10 and the Nifty slipped below 6,050 mark, currently trading at 6049.60, down 70.65 points
The stock slumped 13% to Rs 85 on reporting 38% yoy decline in net profit at Rs 6.58 crore for Q3FY14.
The stock has rallied 17% against 2.8% fall in S&P BSE Sensex after acquiring Actavis' Western Europe business.
The market breadth in BSE remains dismal with 1,329 shares declining and 529 shares advancing.
The stock has rallied over 7% in past two trading sessions on reporting 31% yoy growth in net profit at Rs 69 crore for December quarter.
ITC, Infosys, L&T, ICICI Bank among the top losers
PNB, BoB,Indusind Bank, SBI, ICICI Bank, Axis Bank, BoI, Canara Bank & HDFC Bank are down by 2-3% on NSE.
Q3 net profit declined 19% yoy at Rs 166 crore on account of extremely poor retail sales during the quarter.
The company has reported a consolidated net profit of Rs 62 crore for December 2013 quarter against loss of Rs 189 crore in a year ago quarter.
Watch out for Hero MotoCorp, JSW Energy, Siemens, Voltas, Trent and Bank of India
The 30-share Sensex closed 14 points lower at 20,664 levels and the 50-unit Nifty closed almost flat at 6,126 levels
Maruti Suzuki up 8%, BHEL up 4%, Hero Motocorp up 2.8%, Sun Pharma up 2% and Axis Bank up 2% remain the top Sensex gainers at this hour.
Indian Oil and Bharat Petroleum are up 6-7% on the Bombay Stock Exchange.
The stock has dipped 6% on reporting a net loss of Rs 3.74 crore for Q3FY14 against profit of Rs 8.97 crore in a year ago quarter.