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.
BSE-real-estate, bankex, auto lead gains on BSE
Healthcare, IT indices among top gainers on the BSE
Rate sensitives gain ahead of the RBI's credit policy
Realty, bank, metal shares surge
Asian markets mixed in early trades
The stock has underperformed the market by falling 27% in past one-week compared to a marginal 0.24% gain in benchmark Nifty.
Etihad Airways is expected to conclude a deal with Jet Airways next month to pick up 24% stake in India¿s second largest carrier by market share, report.
The company received Rs 234 crore order from Hutti Gold Mines Company Limited (HGML) for construction of a circular shaft.
SBI, ICICI Bank,Sobha Developers, Oberoi Realty, Ashok Leyland and Maruti Suzuki are up 1-3% on BSE.
The drug company had reported a robust 76% year-on-year growth in Q3 net profit at Rs 32.57 crore, mainly on robust sales.
The stake sale will also reduce company's debt-to-equity (D/E) ratio significantly from around 3.2:1 to about 1.2:1, report.
India?s third largest private sector lender is offering 39.9 million shares at Rs 1,390 per share to institutional investors and promoters.
The board approved capex of Rs 440 crore to augment manufacturing capacities of Large VRLA and four wheeler batteries.
The bank is expected to raise around Rs 6,000 crore by issuing 45.8 million shares to institutional investors, report
Q3 net loss at Rs 619 crore against Rs 356 crore in year ago mainly due to higher imported coal prices and non-availability of transmission line.
Q3 net profit up 9% year-on-year at Rs 93 crore against an average analyst expectation of Rs 86 crore due to higher sales.
The stock has outperformed the market and rallied 6.4% in past four trading sessions after reported a better-than-expected Q3 earnings.
Everonn Education, Educomp Solutions, MT Educare, NIIT and Aptech have rallied up to 18% on the back of huge volumes.
Suzlon Group has signed a contract for a 21.75 MW project with Sri Kumarswamy Mineral Exports Private Limited, Bellary.
RBI is likely to reduce the short-lending (repo) rate by 25 basis points (0.25%) in the upcoming policy review, ICRA.