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.
Sensex ends higher by 76 points
Global cues muted
Banking stocks gain
July WPI inflation came in at 6.87%
SGX Nifty flat
Reported consolidated net profit at Rs 598 crore for Q1 against analyst expectation of Rs 530 crore
As many as 3.98 million shares have changed hands on the counter so far, against an avearge less than one million shares in past ten trading days
Volumes in cash and F&O rise compared to Monday
Volumes in cash and F&O decline compared to Friday
Q1 net profit up 95% at Rs 76 crore on year-on-year basis
A combined 3.7 million shares changed hands so far, against an average around 1.3 million shares were traded daily in past ten trading days
Bank shares gained on hopes of a rate cut by the central bank after lower July inflation
SBI, ICICI Bank, Bank of India, Union Bank of India, Bank of Baroda, Punjab National Bank and Yes Bank are up 1-3% on the NSE
The stock has appreciated 40% from its all-time low of Rs 7.01 touched on August 13, 2012.
The stock rallied 232% so far in current calendar year 2012, as compared to 14% rise in benchmark Sensex
Sun Pharma among the top losers on the Sensex
A minority shareholder of Israel's Taro Pharma rejected the company?s revised offer price of $39.5 a share for a buyout
Q1 net profit up 8% at Rs 4,469 crore on year-on-year basis
Q1 net loss at Rs 16.88 crore
The stock rallied 27% in past two trading days