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.
Q1 consolidated net profit at Rs 98 crore against an average analyst estimates of Rs 85 crore.
Broader markets gain in-line with benchmark; Weakness persists in capital goodsand realty shares
The stock currently trading at its lowest level since May 2009, has tanked 46% in past five trading sessions on BSE.
Bajaj Auto, Tata Steel, BHEL, Tata Power, HDFC Bank and ITC down 0.3-0.9% were the only losers among the Sensex-30
The board has proposed an interim dividend of Rs 6 per share of Rs 10 each.
The company will buyback its equity shares at maximum price of Rs 82 per share from the open market.
Q4 net profit grew 2.2% year-on-year at Rs 60 crore due to higher depreciation and amortization expenses.
Reliance Power, TV18 Networks, Ranbaxy among shares which can come into focus today
LIC sold 3.62 million shares, comprising 2.13% stake, of Dr Reddy's Lab between January 10 and May 10, 2013
Q4 profit down 10% year-on-year at Rs 141 crore due to drop in standalone volumes and significant increase in the depreciation expenses.
Q4 net loss at Rs 1.19 crore against profit of Rs 27 crore due to fall in operational income and higher raw material cost.
ITC is the top Sensex loser, down over 5% amid profit taking after the stock rallied 24% in past one month on the BSE
The broader markets fell with mid-caps and small-caps declining nearly 0.5% on the BSE.
The real estate company proposed to raise up to Rs 1,888 crore through a share sale to institutional investors on May 14.
Dr Reddys Lab, Reliance Industries, HDFC Bank and NTPC buck trend with stocks gaining 0.5-1.6%
The bank's gross NPA in Q4FY13 increased to 2.40% from 1.83%, while Net NPA to 1.28% from 0.54% on yoy basis.
The stock has outperformed the market surged 24% from Rs 285 since April 11, compared to 8.5% rise in benchmark Sensex till Friday.
Q4 net profit at Rs 126 crore against Rs 255 crore in year ago quarter mainly due to higher provisioning.
The stock has rallied 8.3% in past three trading sessions compared to a marginal 0.39% rise in benchmark Sensex.
Ratnakar Bank and Darhsan Finvest Private Limited has sold shares amounting of Rs 8.45 crore through bulk deals on NSE.