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.
Gains led by HDFC, RIL, ICICI Bank and HDFC Bank
BSE Oil & Gas index has surged by nearly 1%
Sterlite Industries top gainer on the Sensex
FMCG, IT and auto stocks weigh
Global cues muted
The sale shall take place at the separate window of the stock exchanges on October 23, 2012.
Peninsula Land, Kolte-Patil Developers, Brigade Enterprises, Purvankara Projects and Corporation are trading higher by up to 20% on the BSE.
Reliance Industries, ITC and Infosys weigh
FamilyCredit is an NBFC with a loan portfolio of 2-wheelers and cars
NSE F&O turnover over Rs 1.6 lakh crore
The board of directors has recommended an interim dividend of Rs 1.1 a share for FY13
To meet its additional funding requirements, the board has approve to raise around Rs 100 crore by issuing shares to promoters on preferential basis.
Smallcaps buck trend
Higher than expected OPM at 23% for the quarter ended September 2012 on back of reduced research and development (R&D) expenses.
The company has also resolved the workers problem in company¿s factory in Uttar Pradesh by the signing of a wage agreement.
According to media reports, a majority of Mumbai pilots and engineers have accepted the salary offer.
The management said that sales so far in the current festive season have been in line with sales in the festive season a year ago, showing a positive bias
Gross NPA improved to 2.92% from 2.97%, while Net NPA was 2.04% from 2.05% on quarter-on-quarter basis.
A combined 6.8 million shares have already changed hands so far against an average sub three million shares that were traded daily in past two weeks.
The Sun TV Network bid of Rs 85.05 crore was substantially higher than the second bid of PVP Ventures, which was Rs 69.03 crore.