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.
Asian shares were trading flat and the SGX Nifty was trading lower
Markets ended higher on Monday, amid rangebound trading session, led by index heavyweights and L&T
The stock has rallied 8% to Rs 526 on the Bombay Stock Exchange.
The stock dipped nearly 5% at Rs 122 after reporting a sharp 42% yoy fall in net profit for September quarter.
The stock is currently trading at Rs 145 up almost 3% at on the National Stock Exchange (NSE).
Markets continued to trade flat with negative bias in late noon trades on Monday weighed down by profit taking in IT majors
Losses in JSPL, TCS, ITC, BHEL and Infosys, down between 1-3% weighed on the indices
Adani Enterprises has rallied 15% to Rs 202 on the Bombay Stock Exchange.
Sesa Sterlite, Hindalco, Tata Steel, SAIL and JSW Steel are up 1-4% on the BSE.
At 12:25 PM, the 30-share Sensex was down 69 points to trade at 20,814
In past one month, the stock has rallied 27% compared to 3% rise in benchmark index and 9% gain in IT sector index.
The stock has rallied nearly 9% in past two trading sessions on BSE.
The stock surged 12% at Rs 80 on back of heavy volumes on BSE.
In October 2012, the company had issued bonus shares in the ratio of 1:2 (1 share for 2 shares held).
The broader markets traded firm with mid-caps and small-caps rising 1 per cent on the BSE.
The broader markets traded firm with mid-caps and small-caps rising 0.3 per cent on the BSE.
Benchmark share indices are likely to open higher amid firm Asian cues.
Among the Sensex pack - SBI, BHEL, JSPL, Tata Steel and Hindalco are trading over 45% below their November 10, 2010 levels on BSE.
The 30-share BSE Sensex surged a whopping 2% or 447 points at 20,863 levels while the broader Nifty index ended at 6,182 levels up over 2%
At 3:10PM, the 30-share BSE Sensex was up a massive 453 points at 20,862 while broader Nifty index was up 137 points at 6,6181.