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.
Bharti, HUL buck general trend
SGX Nifty was down 8 points at 5,630
SGX Nifty was up 9 points at 5581.5
Infosys, Bharti Airtel lead gainers list
BSE IT, Auto, Metal and FMCG indices down 1-2%
Financials, autos weigh
Auto, banks drag
A combined 10.55 million shares have changed hands so far against an average sub 2 million shares that were traded daily in past two weeks.
The stockr has outperformed the market by gaining 173% in past three months compared to around 5% rise in the benchmark Sensex.
The stock has rallied 15% in past four trading sessions compared to around 1% fall in benchmark Sensex.
The board has declared an interim dividend of Rs 12 per share (120%) on face value of Rs 10 per share.
Q2 consolidated net profit down 56% at Rs 21.5 crore on year-on-year basis due to higher expenditure
Telecom, IT pack leads gain
A combined 1.07 million shares changing hands on the counter in morning deals against sub 200,000 shares that were traded daily in past two weeks.
There were no bids for Delhi, Mumbai, Karnataka and Rajasthan, and these four zones contribute 50% of the reserve price,report.
Software makers, Oil and gas sector aid buying
DISA Holding A/S has proposed to sale 173,483 equity shares representing 11.49% stake of the company through offer for sale route.
The stock has outperformed the market by gaining 18.5% in past three trading sessions compared to 1.5% fall in benchmark Sensex.
The net proceeds from the offering of the bonds will be used to repurchase or repay the outstanding FCCBs issued in 2008