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.
Reliance Ind, TCS, HDFC among top Sensex losers
Realty and bank stocks gain
Sensex opens higher by 16 points
Asian cues supportive
Auto stocks outtperform
L&T Infrastructure Development Projects, a subsidiary of L&T achieved financial closure for two of its road projects in Maharashtra.
The stock has outperformed the market by gaining 31% in past one month compared to 4.4% rise in Sensex post Q2 results
Pantaloon Retail, Trent, Shoppers Stop, CESC and Provouge (India) are up 1-3% on the BSE.
Auto majors buck trend
The business is valued at Rs 1,313 crore and Claris to receive total cash consideration of Rs 1,050 crore over multiple agreements, the company said.
The company expects the revenues for December 31, 2012 quarter to be $ 92 million against $ 94.7 million ? $ 96.5 million expected earlier.
NSE F&O turnover nearly Rs 1.3 lakh crore
The company will increase the prices of its vehicles from January due to increasing pressure on its margins due to currency fluctuation.
IT, FMCG lead declines while autos gained on BSE
There are pending sell orders for 177,750 shares on the BSE and NSE
The government is likely to sell its 10% equity this week in iron ore miner through the offer-for-sale (OFS) route.
Signed a definitive agreement to acquire 100% shareholding of the L.D. Waxsons Group for an all cash consideration of about $144 million.
Balrampur Chini Mills,Triveni Engineering,Shree Renuka Sugars and Bajaj Hindustan are down 2-7% on the BSE.
The stock has outperformed the market by gaining about 27% in past ten trading sessions compared to 5% rise in benchmark Sensex.
The board approved the sale of its infusion business, which accounts for around 55% of company's total business, for Rs 1,050 crore.