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.
Capital Goods major BHEL is the top Sensex loser, down over 2%
Metal shares like Jindal Steel, Sterlite and Tata Steel have plunged between 2-3%.
IT shares lead the rally
BHEL, L&T slip on JP Morgan downgrade
Infosys top gainer among the Sensex stocks
Metal, Capital Goods, Bank shares among top Sensex losers
Range-bound movement likely, ECB meet eyed
FMCG, Auto shares slip
Hathway Cable soared 12% to Rs 223 and Den Networks by 7% at Rs 137 on back of over five-fold jump in trading volumes.
The company had fixed September 05, 2012 as the record date for the purpose of issue of bonus shares in the ratio of 1:1.
Tata Steel acquired additional 14% stake of the company for Rs 87.92 crore through open offer.
Company plans to sell over 1 million tonnes of lignite
As of March 2012, Infosys have cash and bank balance of Rs 20,591 crore or $3.74 billion.
The board has decided to pay final dividend of Rs 3.68 per share
The deal is pegged at around Rs 800-1,200 crore
NSE F&O turnover above Rs 84,000 cr
The two stocks have plunged almost 5% each as foreign brokering houses cut their target price
As many as 5.99 million shares representing 1.6% of total equity of the company have changed hands on the counter in noon deals
The fund raising plans of $203 million (approx Rs 1,127 crore) to repayment of all the high cost short term and long term loans of the company due in FY2013, and its subsidiaries.
The board will meet on September 13, 2012, to consider the issue of bonus shares of the company