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 markets end mixed
Banks and realty shares lead
BSE Realty index has zoomed by almost 2%
BSE Realty, Auto, Consumer Durable and Bankex indices have surged by nearly 1% each
The Sensex opened higher by 110 points at 19,891 levels
SGX Nifty traded at 6053.00, gaining 14 points
BSE-real-estate, bankex, CG lead drop on BSE
BHEL is the top Sensex loser, dipped almost 5% to Rs 217
Realty index slumps
Metal, healthcare stocks hold on to gains
The issue attracted bids for 154 million shares worth nearly Rs 8,000 crore, about 2.5 times the shares on offer.
Q3 net profit at Rs 20.64 crore against Rs 6.22 crore in Q2.
A combined 11.9 million shares have changed hands till 1010 hours against an average 17.4 million shares that were traded daily in past two weeks.
Q3 gross and net NPA levels jumped up sequentially by 60.6% and 70.0%, respectively, on an absolute basis.
Earnings before deprecation, interest and tax has increased by 38% to Rs 117 crore as against Rs 85 crore in a year ago quarter.
Q3 order book position at Rs 113,700 crore against Rs 122,300 crore at the end of Q2.
Yes Bank and International Finance Corporation signs MoU to jointly create a private equity fund.
Q3 net profit up 66% year-on-year at rs 238 crore due to strong performance by the power generation business.
Kennametal Inc. has informed the company that its promoters intend to reduce their shareholding in the company.
The company has signed 138 megawatt (MW) firm order in South Africa.