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.
Union Bank of India, Corporation Bank, Oriental Bank, Karnataka Bank, Uco Bank, Canara Bank and YES Bank are down 5-7% on NSE.
Q1 standalone net profit up 4% yoy at Rs 125 crore on back of higher other income.
Consumer Durables, Realty, Banks, Metal stocks rattled in early noon deals
DLF, HDIL, Oberoi Realty, Peninsula Land, Unitech, Indiabulls Real Estate and Anand Raj Ind are down 3-10% on BSE.
The broader markets traded lower with mid-caps and small-caps falling 1.4-2 per cent on the BSE.
The board will meet on August 8, to consider share buyback proposal.
The government has asked the NSEL, a subsidiary of the company, to discontinue trading in e-series contracts.
IHFL has alleged that Rakesh and Sarang Wadhawan, the promoters of HDIL, have failed to pay interest on their loan.
Q1 net profit declined by 16% yoy at Rs 129 crore due to 38% fall in operational income at Rs 443 crore over the previous year quarter.
The broader markets traded lower with mid-caps and small-caps falling 0.1 per cent on the BSE.
At 800 hrs Indian Standard Time the SGX Nifty was down 41 points at 5,675.
The Sensex closed higher by 25 points at 19,189 and the Nifty gained by 8 points 5,680 levels.
VMRC has been accredited for GLP and norms on OECD Principles by NGCMA.
The stock has rallied 25% in past three trading sessions after the company received USFDA tentative approval for anti-AIDS combination drug.
The broader markets continue to underperform the benchmark indices. BSE Midcap index has declined by nearly 1%
The stock has outperformed the market by surging 27% since July 3, as compared to 1.1% fall in S&P BSE Sensex.
BSE Metal and FMCG indices have surged by nearly 2%
Analyst at Prabhudas Lilladher expects the company's earnings to improve Q2FY14 onwards on the back of full absorption of 5% increase in noncoking coal prices.
There were no bidders other than the five public sector undertakings from Tamil Nadu, report.
The broader markets traded flat with mid-caps falling 0.04 per cent and small-caps gaining 0.1 per cent on the BSE.