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.
On the other hand, pharma shares bucked trends and are up around 1pct each
Q4 net profit down 30% year-on-year at Rs 56 crore mainly due to lower sales and higher freight outgo
The Sensex and Nifty moved above their key levels of 20,000 and 6,000, respectively last week
Ratnakar Bank offloaded 140,000 shares of Elder Pharma for nearly Rs 5 crore.
The company expects its gold jewellery and silver sales to double during a five-day exhibition organised to mark the Akshaya Tritiya festival.
Q4 profit down 28% at Rs 70 crore mainly due to higher material cost.
ITC, pharma, banks and oil & gas among the top movers in opening tradespharma, banks and oil & gas among the top movers in opening trades
Q4 net profit at Rs 200 crore against net loss of Rs 608 crore in a year ago quarter.
The Nifty has gained 2.5 per cent this week, marking its fourth consecutive weekly
Q4 net profit down 17% at Rs 16.65 crore against Rs 19.98 crore in year ago quarter.
Auto and banking shares gain in late-noon deals, Broader markets however, underperform
The board will meet on May 14, to consider a proposal for buy-back of equity shares of the company.
The stock has rallied around 23% in past two trading sessions on BSE.
The next crucial trigger for the markets will be the inflation data on Monday.
BSE Consumer Durable index has surged by almost 2% followed by counters like Auto, PSU, Oil & Gas and Banks, all gaining between 0.1-1%.
The stock has risen 8% since announcement of Q4 earnings on April 26, compared to 3.8% rise in Sensex.
SBI, HDFC Bank, ICICI Banks, M&M, Maruti Suzuki among the top Sensex movers
Macquarie Bank acquired 268,576 shares of PVR at an average price of Rs 352.72 per share.
NDTV, TV Today, HT Media, Zee News, Network18 Media and Investments and TV18 Broadcast are up 6-20% on BSE.
Q4FY13 net profit at Rs 27.80 crore against loss of Rs 41.30 crore in the corresponding quarter of the previous financial year.